Bright Things Ahead For LED Lighting

Written by on June 12, 2013 in Technology - No comments | Print this page

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light bulbsThomas Edison invented the standard incandescent light bulb over 130 years ago.

Since that time, despite the lightning storm of technological advancements occurring continuously in other industries, the world’s lighting technology has essentially remained stagnant. That is, until the introduction of the LED light bulb.

Traditional Lighting on Its Way Out

Shocked into action by the passing of 2007’s Energy Independence and Security Act, which seeks to rid the world of all incandescents by 2014, the multi-billion lighting industry is finally positioned to catch up with the rest of the world.

These new regulations have added a sense of immediacy to improving light bulb efficiency, promising to forever change the way we light our interior spaces.

According to the provisions of the act, a gradual reduction of 100-watt, 75-watt, and finally 60- and 40-watt incandescents will conclude in 2014.

The result? Billions of empty sockets all over the world, and thousands of LED technology companies racing to fill them with energy saving alternatives.

LED Lighting for a “Brighter” Future

The most efficient lighting product on the market, LEDs are demonstrating better performance and lower costs with each passing day.

Standard incandescent bulbs are grossly inefficient; they lose a full 90 percent of the energy received as heat, and in the process convert less than a meager 10 percent into light. A comprehensive switch to LEDs can simultaneously lower energy costs while decreasing the massive squandering use of nonrenewable energy.

The potential impact to the planet is huge, and would likely result in billions of dollars saved, as well as other benefits such as increased autonomy from foreign oil entities and a notable reduction in greenhouse gas.

At the present time, LED technology remains less than ideal; the most affordable option–approximate to a 40-watt incandescent–is only good for lighting compact spaces, as anything greater either costs too much or burns too hot. And while a brighter bulb can last for 20 years, most consumers have a tough time swallowing the $50 price tag.

But the best days of LEDs are still ahead, says Alan E. Salzman, CEO of VantagePoint Capital Partners, who through his company made an early eight-figure investment of the promising LED lighting leader Switch.

He suggests that it will take less than 20 years for LEDs to claim the entire lighting market, thanks to exponential technological advancements across cost, quality and efficiency.

In fact, Salzman proposes that by the year 2020, an LED bulb will be equivalent in cost to today’s standard incandescent light bulb, while decreasing energy usage by a staggering 85 percent.

Furthermore, he insists, the updated LEDs will have a lifespan of 25 years, making them impossible for even the most stubborn consumer to resist.

And not only that, says Salzman, we are just seeing the beginning of what LEDs can do.

From altering the ambience of a room to automatically changing the color temperature, LEDs offer unprecedented potential not only in terms of their own capabilities, but also regarding their ability to commingle in functionality with things like your Wi-Fi hotspot or alarm clock.

In short, LED lights promise to change the way we light our world and safeguard our resources. So let there be light, indeed. And, for our collective sake, let it be LED.

The writer of this article, Nicole, has been writing about lighting and electronics for years, including led lights, lighting towers, and more.

Image courtesy of thaikrit / FreeDigitalPhotos.net

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