The Future of LED Lighting (And Why You Shouldn't Miss Shipment)
Did you know that LED lights have been around for about sixty years? They debuted in 1962 and have been on their way to prominence in lighting ever since, and for really good reason. LEDs last longer, burn brighter, save money in the long run, generate significantly less heat and are more energy efficient.
In fact, LEDs dominated the lighting industry in 2020, occupying 61% of the global lighting market. This impact on the industry is not expected to slow down. According to Mordor Intelligence, the LED lighting market was valued at $75.81 billion last year and is expected to reach $160.3 billion by 2026 - that's a really big number! This growth is not only good for the lighting industry, but also good for the environment. If the trend continues on its projected path, the world could avoid 160 million metric tons of carbon dioxide emissions each year.
Switching to LEDs still not on your mind?
Here are a few more reasons why they not only help reduce your carbon footprint, but also help save money, energy, time and protect the future of the planet.
Long Lasting Lighting
It is annoying to replace a burned out light bulb in your home. Consider replacing an entire retail, commercial, or manufacturing building. This is a full time job. Considering that the LEDs that will brighten our future last 50 times longer than incandescent bulbs, 20-25 times longer than halogens and 8-10 times longer than CFLs, you will have much less work to do and much less time to spend.
Measured by very many years of life, LEDs can last for more than 10 years (in some cases around 20), saving you money in the long run, even at higher price tags.
When it comes to your business, no matter what you're selling or producing, lighting is an important aspect of what you do. If you own and operate a manufacturing facility, your employees need to see as clearly as possible. If you're a gemstone and diamonds retailer, you want lighting that illuminates your products in the best possible way. LEDs provide significantly more lumens to ensure you receive clear and vibrant light.
Additionally, the LEDs can be tuned to a color range that will last the entire life of the bulb, rather than burning out or fading like the old gel filters used for colored lighting in conventional bulbs.
Whatever your industry, LEDs will illuminate it perfectly, giving you more control and creative options.
Less Heat Means Bigger Savings
You know how hot conventional light bulbs can get – we've all accidentally touched or touched one or two in our lifetimes and they really burn our hands. This level of heat generates a significant amount of energy each month, which adds significantly to the cost of your energy bills. And imagine how much that could cost when lighting an entire company with traditional bulbs. This cost hurts your pocket more than a lightbulb burns your hand.
LEDs generate much less heat for much brighter light. Almost all conventional incandescent bulbs create heat, which is a huge waste of energy. However, LEDs generate less heat, so the energy output used to generate heat is 75-80% less than conventional bulbs. In other words, your bills decrease and your lighting quality increases. Not a bad deal.
Given the cost savings, energy efficiency and environmental impact, it's no wonder LEDs are dominating the lighting industry with no signs of stopping. Will you let this lighting leader stand by your side, with LEDs powering the market in the next six years? Or will you keep your business in the dark ages of indoor and outdoor lighting?
Let us know if you're ready to transition or are looking for a new design or schematic for your company. We are here to enlighten you with expert solutions.