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LED Vs CFL
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Defined by energy efficiency and improved controllability, the advent of light-emitting diodes (LED) is considered
revolutionary. A light emitting diode is defined as a two-lead semiconductor light source. Being a p-n junction diode,
it emits light when activated. The recent developments introduced in LEDs allow them to be used in environmental
lighting. LEDs have been witnessing surging demand worldwide due to the advantages they offer over incandescent
light sources. These include lower energy consumption, improved physical robustness, longer lifetime, faster
switching, and smaller size.LEDs have emerged as a powerful source for lighting; however, they remain somewhat
more expensive and require more precise heat and electricity management than compact fluorescent lamps of
similar output.
Brochure for Technical Specifications and Advantages of LED and Its Trends @
http://bit.ly/1ZzKrvM
The growing awareness among consumers about the benefits of the longer lifespan of LEDs has been leading to their
widespread adoption. The market is also expected to gain impetus from the declining prices of LED lamps, their
growing application in display back lighting, and the high efficacy offered by LED lamps.
In the initial days, the application of LED lighting was limited to certain specific purposes and had not entered the
mainstream. The emergence of LED in general lighting applications also helped the market to gain momentum.
Given its rapid proliferation, the market for LED lighting is soon expected to surpass the conventional market for
CFL. However, the high initial cost of LEDs has been restricting their initial acceptance. Nevertheless, considering
the longer lifespan of LED lamps, the overall cost incurred on these lamps is found to be lower than CFLs. This is a
crucial factor driving the global LED market.
Enterprises operating in the global LED market are strategically diverse, as they operate at various levels of the
market’s value chain. Some of these enterprises focus only on manufacturing LED chips and components, while
others are involved in the production of lamps and luminaries. Besides this, there are other companies that are
engaged in the delivery and transportation of final products. The rising demand for LED in newer applications would
also provide opportunities for the entry of new players in the market. Key companies operating in the global LED
market include Panasonic, LG, Samsung, and Philips.
Information For the Market of LED's Worldwide: https://is.gd/S6u0Py
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Defined by energy efficiency and improved controllability, the advent of light-emitting diodes (LED) is considered revolutionary. considering the longer lifespan of LED lamps, the overall cost incurred on these lamps is found to be lower than CFLs which is a crucial factor driving the global LED market.