Power consumption of small, long-lasting LED has been considered as the future of lighting. According to the latest market trend in Japan, LED lights have very high price and thus it was not very common in the past. This year. However, the price has become 50% of its original value due to the price war in Japan. Due to the cheaper price, the popularity of LED flood lighting is increased dramatically. The demand is even greater than supply.
As the demand in Japanese market in gradually increasing, there are more and more company starts involving the LED flood lighting industry.
Japan’s Kyodo News reported that in 2007, a LED lighting CEO claimed they productivity cannot satisfy the needs of LED lighting. Since it is an unprecedented luminary that is much more energy-saving and durable. It does a great impact in the lighting market. The CEO also revealed that the light bulbs are sold out for a month. The popularity of LED light can be attributed to its remarkable life span.
LED lamp has life span of about 80000 hours, which is 40 times of incandescent bulbs. The power consumption is only about one-eighth for using LED. And thus, we can see the difference between them is very obvious.