Results for tag: "LED Efficacy"

The LED efficacy market is a subset of the LED (Light Emitting Diode) industry, focusing on the efficiency of LED lighting products. LED efficacy is measured in lumens per watt, which is the amount of light produced by a light source divided by the amount of power it consumes. LED efficacy has been steadily increasing over the years, as manufacturers have developed more efficient LED products. This has enabled LED lighting to become a viable alternative to traditional lighting sources, such as incandescent and fluorescent bulbs. LED efficacy is an important factor in the LED industry, as it directly affects the cost of LED lighting products. Higher efficacy means lower costs, making LED lighting more affordable for consumers. Additionally, higher efficacy also means that LED lighting products can be used in a wider range of applications, such as in commercial and industrial settings. Some of the major companies in the LED efficacy market include Cree, Philips, Osram, and Nichia. These companies are all leading manufacturers of LED lighting products, and have been at the forefront of LED efficacy research and development. Show Less Read more