Price Trend Forecast 2014~2040 for LED Light, Fluorescent Light, N' Incandescent Light

Efficacy & Price Trend Forecast 2014~2040 for LED Light, Fluorescent Light, N' Incandescent Light

Lighting Efficacy Cost

U.S.Energy Information Administration predicts that the price of LED light is almost close to that of fluorescent light or incandescent light by 2020. At that time, incandescent lights are probably eliminated as they could not meet the energy-saving standards in next few years.

On January 1, 2014, the United States banned the production and sales of 40 watt and 60 watt incandescent bulbs; but many American families store a number of these traditional bulbs before the ban. Probably, 75 watt and 100 watt traditional light bulbs would also become one part of the ban.

Due to the the federal standards and development on lighting technology, the bulbs' quality sees a great improvement; the service life and lighting efficiency also increase a lot accordingly. Thus, although people may spend more on buying LED light bulbs, LED bulbs would save more on electricity cost than transitional bulbs.

Nevertheless, the majority of American families still believe that the price of LED bulbs is much higher than 40 watt or 60 watt incandescent bulbs; they would rather buy fluorescent bulbs than LED bulbs. But as the prediction of U.S. Energy Information Administration, this situation would change in 2020 as the price of LED bulb would be very close to that of incandescent bulbs.

U.S. Energy Information Administration also believes that LED bulb's efficiency will reach more than 150 lumens per watt in 2020, which is 10 times higher compared to that of traditional incandescent. In addition, LED bulb's service life is up to 30 years, which might change people's point of view on lighting product selection.

From now to 2020, halogen incandescent lighting is still applicable to general lighting purposes. But after 2020, it might have to face the same fate as fluorescent bulb's.

As to the development of lighting technology and the decreasing cost, LED bulbs would be very likely to replace traditional lighting in U.S. in 2025. LED lighting would become a trend.

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