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      • U.S. households are increasingly switching to light-emitting diode (LED) bulbs; 47% report using LEDs for most or all of their indoor lighting in 2020, according to the most recent results from the Residential Energy Consumption Survey (RECS).
      www.eia.gov/todayinenergy/detail.php?id=51858
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  2. Dec 18, 2023 · Sized at about 70 billion U.S. dollars in 2019, the global LED market is expected to grow to almost 100 billion U.S. dollars in 2030. Show more.

  3. Dec 19, 2023 · The year 2024 marks a pivotal moment for LED lighting, characterized by significant advancements in efficiency and performance. Manufacturers are increasingly focusing on improving the luminous efficacy of LED, ensuring brighter illumination while consuming less energy.

  4. In 2020, LEDs accounted for approximately 48% of all installed lighting units, up from 8% in 2015. This significant shift is primarily driven by the decreasing costs, increased efficiency, and superior performance benefits of LEDs.

  5. LED is a highly energy-efficient lighting technology, and has the potential to fundamentally change the future of lighting in the United States. Residential LEDs -- especially ENERGY STAR rated products -- use at least 75% less energy, and last up to 25 times longer, than incandescent lighting.

  6. Dec 14, 2023 · Key Takeaways. LED lighting technology offers significant energy savings and contributes to lower utility bills and a smaller carbon footprint. LED lights provide enhanced color rendering, bringing vibrant and lifelike colors, while emitting less harmful blue light for improved eye health and sleep patterns.

  7. Mar 31, 2022 · U.S. households are increasingly switching to light-emitting diode (LED) bulbs; 47% report using LEDs for most or all of their indoor lighting in 2020, according to the most recent results from the Residential Energy Consumption Survey (RECS).

  8. Almost 31% of lighting energy consumption comes from fluorescent lighting systems in the Linear Fixture submarkets. An estimated 5.9 billion commercial buildings in the United States are currently in use. Across the world, LED lighting accounted for nearly $51 billion USD in 2020.

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