The increase in LED lightning market share can also be attributed to the numerous benefits of using LED lights in homes and offices.
Viladecans, Barcelona -- (SBWIRE) -- 11/25/2014 -- Studies show that good quality lighting at home and in offices affects people positively in numerous ways. More people tend to work and function effectively on well-lighted rooms and office spaces compared to those with dim lights. A well-design illumination can also be correlated to worker satisfaction and productivity based on recent studies. Good lighting also enhances people’s mood and desirability of office and home spaces. It also contributes to people’s well-being.
Since 2007, the use of Tube Fluorescent LED lights (TubosFluorescentes LED) have been gaining much advantage since its new incandescent technology wastes less energy while providing excellent and efficient lighting options. According to the report from the US Energy Information Administration (EIA), Tube Fluorescent LED (TubosFluorescentes LED) or Light-Emitting Diode improved its efficiency at a rate of 50 per cent compared to efficiency results two years ago. It does not only improved on its efficiency rating. Even the prices of LED lights have been going down in recent years.
Between the years 2012 and 2014, LED efficiently jumped from a mere 60 lumens per watt to almost 100 lumens per watt. It is even formulated that LED production might lead to 150 lumens per watt by the end of 2020. LED lights are even much brighter these days compared to CFLs (Compact Fluorescent Lights with only 55 to 70 lumens per watt and the traditional light bulbs with only 13 to 18 lumens per watt. Thus, using LED lights are much convenient and economical compared to the rest of lighting bulbs available in the market.
The competition in the lighting industry resulted to lowering of LED light prices. This low-priced LED lights also generate lifetime savings. This marketing trend of lowering LED prices will likely continue because of numerous studies and innovations in the improvement of LED lights. LED lights have been gaining numerous market shares since 2013 which resulted from the low marketing cost and LED prices as well as the favourable lifetime efficiency incentives. LED lights shipment had also seen an increase from around 9 million light bulbs in 2011 to more than 45 million light bulbs shipped in 2013. This means that efficient lighting had reached nearly a quarter of the entire US lighting market.
The increase in LED lightning market share can also be attributed to the numerous benefits of using LED lights in homes and offices. LED lights are tested to operate under extremely hot and cold environments. When compared to conventional light bulbs, LED lights are estimated to have an 85% difference on energy efficiency. It also uses very low voltage source which is very practical to use in rural areas. It also has no UV emissions and very little infrared light which is very good for materials which are sensitive to heat. All these benefits combined with the low-cost of LED lights and high-efficiency momentum makes LED light the best to use in homes and offices alike.