The European Commission’s Joint Research Centre has recently published its 2014 update on the status of the LED market.
Light-emitting diodes (LEDs), a type of solid-state lighting, are revolutionizing the lighting market.
In just the last few years, LED performance has accelerated quickly and a wave of new commercial, industrial and institutional LED fixtures has been introduced. LED technology is fulfilling its promise of offering the market the most efficient means of converting electrons into photons.
As the report states, LED lighting is no longer “around the corner” it is here and has a solid market foothold. Performance is improving and costs are coming down. Today, high-performance products offer added value beyond efficacy.
The present report contains information on the latest technological developments concerning LED lighting. The report covers also in details the latest development in the LED markets in Europe and other key countries.
The report is available on the JRC website.
Energy in Demand - Sustainable Energy - Rod Janssen 