The modern lighting industry in the United Kingdom has significantly changed due to the introduction of LED lighting. The efficiency, quality, long life, and low carbon emissions of LED lighting has made it one of the fastest growing lighting systems on the market. It has been able to increase its market share in the numerous advantages offered by LED technology. The latest statistics reveal that the global LED lighting market share was worth more than £20.3 billion in 2014. This share is predicted to grow up to £35.34 billion by the year of 2018. This shows that the future of modern lighting is quite bright thanks to LED lighting. This article provides information on the future of LED lighting.
During the early days, the biggest threat to the wide spread adoption of LED lighting was its higher price. But the price was significantly lowered in 2012 with the lower production costs and increased competition. This has resulted in an increased return on investment. Most of the LED systems offer an average of 115 lm/W today. But there are instances where some manufacturers have been able to demonstrate 200 lm/W LED sources. In fact, an LED light needs only 5W to produce the same amount of light when compared to a 60W incandescent lamp.
Most LED manufacturers say that their products could last up to 10,000 hours depending on design and operating temperatures. Interchangeability of LED lighting systems is going to be very important in the coming years. In fact, the Zhaga consortium has taken the lead in developing specifications to allow users to replace LED lighting systems from one manufacturer with products from another. With LED lighting technology becoming more mainstream in this day and age, the next generation of solid lighting technology is going to be interesting.
There are numerous benefits of LED lighting. They use 85% less energy compared to incandescent and halogen lights. These bulbs use 30% less energy than CFL lights. This will help save money on your energy bills. There are LED lighting systems that last between 15,000-50,000 hours depending on many factors. In fact, LED lights reach full brightness within seconds compared to most of the other lighting systems on the market. It contains no lead or mercury. LED lights don’t emit UV rays or infrared radiation for that matter. They operate at a much cooler temperature compared to most of the other lighting systems. LED lights are environmentally friendly since they cut greenhouse gas emissions and reduce landfill. These are some of the most important benefits of LED lighting systems. That is why they are considered the lighting technology of the next generation.
In conclusion, LED lighting technology is considered the future of modern lighting. That is due to the popularity of the product right now. LED lights come with numerous benefits too. Their prices have reduced with the latest technology. The above mentioned article provides information on why LED lighting systems are considered the future of lighting.