Light Emitting Diode (LED) Market Trends- The Insight Partners Light Emitting Diode (LED) Market Trends- The Insi | Page 3

Light Emitting Diode (LED) Market to 2025 The initial capex required for LED lighting is huge and this is restricting its initial acceptance. However, considering the longer lifetime of LEDs, the overall cost of the same is low when matched to CFLs. Incandescent lamps utilize extra energy than LED lamps; therefore, numerous governments have introduced laws to restrict their use. Moreover, non-commercial LED market drivers include actions implemented to back usage of LED lighting systems at the legislative level, and improvement of standards and regulations for running energy-saving lighting systems at the individual organization stages. LED lighting is environment friendly, as it does not produce toxic gases. For instance, fluorescent lights emit toxic bi-products like carcinogenic, which cause cancer, whereas incandescent lamps emit huge volumes of carbon dioxide. However, LED lighting overcomes these shortcomings with better reliability and better illumination. Request for Sample @ http://www.theinsightpartners.com/sample/TIPTE100000106 Contact Us : [phone]| E-Mail : [email protected]