News Article
LED lighting 'to replace incandescent bulbs'
The uptake of LED bulbs is set to increase significantly following a ban on incandescent lightbulbs.
Warner Philips, co-founder of light-emitting diode (LED) start-up business Lemnis Lighting, has said that within five years, 80 to 90 per cent of bulbs will be LED-based.
Mr Philips told Business Week that his company plans to launch a full range of LED lighting products to help replace incandescent bulbs at this years Lightfair convention, which is being held in Las Vegas next month.
The firm introduced its first LED bulb capable of being plugged into a standard lightbulb port more than four years ago.
However, the fact the EU has now banned the use of incandescent bulbs across its member states - with phased removal of these products taking place over the coming years - means that the market is likely to see increasing demand in the future.
Lemnis stated that demand for lighting makes up 19 per cent of the world s energy needs at present. However, the introduction of more energy-efficient lighting solutions could significantly reduce this requirement in the years ahead.
Mr Philips told Business Week that his company plans to launch a full range of LED lighting products to help replace incandescent bulbs at this years Lightfair convention, which is being held in Las Vegas next month.
The firm introduced its first LED bulb capable of being plugged into a standard lightbulb port more than four years ago.
However, the fact the EU has now banned the use of incandescent bulbs across its member states - with phased removal of these products taking place over the coming years - means that the market is likely to see increasing demand in the future.
Lemnis stated that demand for lighting makes up 19 per cent of the world s energy needs at present. However, the introduction of more energy-efficient lighting solutions could significantly reduce this requirement in the years ahead.
