What Does the Future Hold for the LED Landscape Lighting Market?

Light-emitting diode (LED) bulbs have become one of the most energy efficient and popular items in the lighting industry. With their low-carbon emission and efficient lighting quality, LED bulbs are a popular choice for both consumers and landscape lighting professionals.

It is fair to say that the future only seems to be getting brighter for LED lighting. The Electronics and Optoelectronics Research Laboratories at the Industrial Technology Research Institute predicted that the LED lighting market value will rise to $51.6 billion by 2018. Comparatively, the ITR reported the LED lighting industry was worth nearly $30.5 billion globally in 2014.

LEDs: Versatile and Efficient

As technology has advanced, LED light bulbs have become a less expensive and more energy efficient. Furthermore, LED landscape lighting comes in a variety of styles and options so homeowners can choose the most suitable lighting for their home’s needs.

Not only is LED lighting more sustainable than traditional light bulbs, it also boasts a longer life expectancy. LED bulbs have a life expectancy of 50,000 hours, which if used properly can accumulate to over 13 years.

LED lighting can be useful for many reasons, including the ability to dim lights or change out colors. LED lighting is versatile and can suffice for everyday outdoor lighting needs or as a dynamic Christmas lighting layout.

What’s Next for LED Landscape Lighting?

LED landscape lighting is on the minds of many homeowners and contractors. There is a growing trend among homeowners to switch to LED lighting for monetary and energy efficiency purposes. This, in turn, attracts lighting and home improvement companies as a viable business opportunity.

Organic LED lighting is also gaining attention among consumers. This works by passing electricity through one or multiple thin layers of organic semiconductor material. This idea is attracting the attention of consumers who are interested in sustainable energy – and are likely already using LED lighting in an effort to consume less energy.

If you’re considering switching out your traditional, outdoor lighting bulbs for LEDs, Nite Time Decor contractors have the expertise to get the job done right.

To get in touch with a local contractor, contact us here.

One thought on “What Does the Future Hold for the LED Landscape Lighting Market?

  • April 27, 2017 at 11:34 pm
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    LED Lights not only save energy and thus money, the look modern and sharp. The color changing abilities of LED controlled by apps on mobile phones have brought us all into the future and made lighting our homes more flexible and fun. Great article on the future of LED lighting and thanks for linking out to LUX Lighting; we appreciate being able to link to the information we are reading about in a post.

    Thank you The Decor Group.

    Reply

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