July 30, 2018 / 0 COMMENTS
More than 150 years ago, inventors created something that increased the length of the average workday. It changed the way we see things, do business, and lead our daily lives. Having impacted several generations of people across the globe, the lightbulb is still evolving, and this evolution has been fuelled by rising energy and cost conservation. For example, the classic incandescent tungsten filament bulb that powered homes for over a century was replaced by compact fluorescent light (CFL) bulbs, to conserve more energy during the 1970s oil crisis. Though CFLs saved the day, they were bulky, did not fit well into fixtures, and had inconsistent performance and a low light output.
CFL slowly started phasing out at the dawn of the new century as people turned towards light-emitting diodes (LEDs) as the perfect technological and economical solution for illumination.
According to market research firm Million Insights, the global LED lighting market is expected to value at $108 billion by 2025. Fuelled by technological innovations and inclination towards clean and green energy solutions, LEDs deliver high efficiency and help reduce energy prices. India has fast adopted the technology due to the growing need for electricity conservation and insufficiency in electricity production. As compared to traditional lighting systems, LEDs have a longer life cycle, use 50 percent less electricity, and do not require any maintenance. Also, LEDs use 100 percent of the electrical energy to produce light as compared to incandescent bulbs that convert 80 percent into heat and only 20 percent into light.
Hence, making LEDs the preferred choice for both industry and domestic sectors helps to save huge amounts of electricity and cut costs.
Greatness inefficiency, and not design, initially made LEDs a solution for the industrial sector. However, mass-scale LED adoption in the domestic sector has augmented the scope of advanced designs and performance. Added to that, the advent of industry 4.0., Internet of Things, and the demand for intelligent solutions at home has led industry players to further tinker with the common LED lightbulb. As connected domestic devices, domotics, and energy conservation became the major lifestyle drivers, lighting companies had to introduce a solution that amalgamated the latest in tech, efficiency, aesthetics, and functionality, giving birth to ‘smart LEDs’ which seem to be taking the world by storm today.
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