Occasionally, an invention is so good it trumps even its own evolution. The internal combustion engine, for instance, has been the principle form of motor travel for over a century. The technology was streets ahead of the competition, and it is still one of the most commercially viable options in the automotive industry today.
The same is proving true of LED lights, which will keep their spot as the number one lighting technology for quite some time yet, according to a new report.
The nearest competitor to LED, organic light emitting diodes (OLEDs), are proving impressive in their application, but they remain too expensive to trump the many advantages of LEDs, IHS Technology said this month.
This is because LEDs have been refined over several decades, whereas new lighting innovations are yet to have the same input. LEDS are also keeping ahead of the next generation simply by being such a great asset to any home.
“In terms of efficiency, lifetime and brightness, it will continue to be difficult for OLED lighting to compete with LED lighting,” IHS explained in its report.
Not only are LEDs capable of lasting for years without replacement, their low energy usage and high quality light emittance makes for an attractive proposition to most homeowners.
One of the main advantages of an OLED is its slim design, with a panel being a mere sheet of flexible material. However, this is solving a problem that for many does not exist, as the compact size of LEDs already makes them useful in everything from table lamps to car headlights.
“In all probability LEDs will remain significantly cheaper, more efficient and longer lasting than OLEDs, and that means LED will remain the mainstream technology for the foreseeable future,” the report concluded.