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What Can We Expect From LED Light In Near Future

Light Emitting Diode known as LED light has been in existence for many years, mainly in niche applications like small trinkets and signaling. However, owing to LED light being highly energy saving, not to mention technologically advanced than other light sources such as incandescent and fluorescent lighting, it is forecasted to reach beyond electronic applications into commercial and home lighting as well. In a recent report by Global Industry Analysts it is projected that the market for fluorescent and LED light could climb to $97 billion by 2010. The rise in growth would be mainly from construction and industrial development companies.

As more people become aware of the energy efficiency of LEDs, the cost of such items as LED bulbs will decline in price. Right now, the price of one LED bulb is considerably higher than the price of incandescent or fluorescent lighting. However, the initial price for the lights would more than pay for itself in the long run. On average, one incandescent 60-watt bulb lasts 1,000 hours whereas one 2-watt LED light bulb lasts 60,000 hours. Therefore, one would have to purchase 60 incandescent bulbs for each LED light bulb.

Home LED light is a cut above the rest when it comes to energy efficiency. As compared to incandescent lighting, LEDs wins hands down where power consumption is concerned. For every 60,000 hours of usage, incandescent lighting uses around 3,600 kWh of electricity where LED lights use 120 kWh. Bottom line: energy efficiency equals a substantial cost savings. LEDs gives off directional illumination. Therefore, it is beneficial as a source of light for reading or spotlighting in the home. Its powerful light productivity also makes it awesome for outdoor floodlighting and path illumination. These bulbs are now available that can replace most halogen or fluorescent light bulbs used in the home.

Yet LED light may not be suitable for all home lighting needs, changing a few bulbs would have a noticeable affect in the amount of electricity used.

LEDs are already used in signs and videos in many indoor and outdoor sports events and concerts. LED video displays and signs are frequently preferred because of their higher brightness, which is crucial when people are viewing a sign or video from a long distance. Other advantages of these video displays are their potential to incorporate curves and 3-D design. This makes LED displays technologically superior to currently available large screen shows. Research and manufacturers in the consumer electronics space are eager to take advantage of this extremely useful technology in future items.

Other uses for LED light include flashlights and key chains, vehicle taillights and interior lights, and LED-based projection TVs. LED light is also being used in the army for LED flashlights that work with night-vision goggles, UV-LED canteen water treatment devices and the sterilization of surgical instruments.

With LED light being more energy saving and technologically superior to many other light sources, numerous applications are sure to grow. Future generations can expect to consider LED light as the basic light source for most lighting applications.