The U.S. Department of Energy is reporting that light-emitting diode (LED) lighting will
achieve an 84% general-lighting-market penetration by 2030, substantially more
than the 74% penetration DOE predicted just last year.
In their "Energy
Savings Forecast of Solid-State Lighting in General Illumination
Applications" report, DOE found that in 2013, LED-lighting sales comprised
an overall 3% market share. By 2020, the federal agency believes, LED sales
will comprise almost half (48%) of all U.S. general-lighting-market sales.
By
2030, DOE estimates that LEDs will dominate in each of the eight sub-markets it
examined-five indoor to include general service lighting and three outdoor that
includes street lighting.
The Tennessee-Based Edison Report says that LED penetration
of the general-service sub-market will grow fast-with the DOE saying it will
attain a 55% market share by 2020. In the street/roadway sub-market, DOE is
projecting an 83% LED market share by 2020 and an almost 100% share by 2030.
LEDs’ market penetration should accelerate after that date, however, and is
expected to also achieve a near-100% sub-market penetration by 2030.
Interesting to this blogger, the DOE report said that in
2013, lighting was responsible for about 17% of the nation's total electricity
consumption and expect an increased reliance on LED lighting as the technology
reduces U.S. lighting-energy consumption by 15% in 2020 and by 40% in 2030,
saving about $26 billion at today's electricity prices. This point not lost by the largest advocate
of High Benefit Lighting® for nearly four decades, the National Lighting
Bureau.
“I’m confident that these are the best predictions available
on this subject, but – like all predictions – they cannot consider the
unknown," said National Lighting Bureau Chair Howard P. Lewis. "One
of the biggest unknowns is ‘what will the lighting industry come up with next’?
Between now and 16 years from now, it’s
highly likely that we’ll be dealing with ‘the next big thing'. This means that
more products and more types of products will be competing on the basis of
efficiency, cost, and functionality, and that’s a good thing.”
The key here is efficiency.
At some point, LEDs will be the only clearly viable solution to reducing
energy while lighting our way in a growing world.
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at www.get-guam.com or give GET, LLC a call at 671-797-0789. We are a provider of Independence LED
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