LED Lighting – a High Potential Market that is Right on Track
LED lighting systems have achieved commercially significant breakthroughs in the last 5 years. Although known for decades, light emitting diodes have only recently been developed to a stage where they generate pure white light of sufficient luminosity to satisfy commercial and industrial standards. The sophisticated current generation LED systems is based on the phosphor conversion technology developed in 2006. However, LED efficiency is still expected to grow exponentially.