https://community.element14.com/learn/publications/w/documents/5536/osram-gives-bright-forecast-for-ledsen-USTelligent Community 12https://community.element14.com/learn/publications/w/documents/5536/osram-gives-bright-forecast-for-ledsWed, 06 Oct 2021 22:42:48 GMT93d5dcb4-84c2-446f-b2cb-99731719e767:d786a233-95fb-4c36-b6b9-963e9d3278f5ChristyZhttps://community.element14.com/learn/publications/w/documents/5536/osram-gives-bright-forecast-for-leds#commentsCurrent Revision posted to Documents by ChristyZ on 10/6/2021 10:42:48 PM<br /> <p style="margin:0;">A leading manufacturer of lighting solutions has announced that it is shifting its focus to LED technology, which it believes will light the way to a brighter future.</p><span><br /><br />OSRAM Opto Semiconductors believes that current economic and technological conditions are ideal for a paradigm shift towards using LEDs, which deliver more energy savings than traditional light sources as well as being brighter and longer-lasting.<br /><br />While LEDs are already used in a wide range of applications, double-figure growth is forecast for the market in the mid-term, as economic and environmental considerations stimulate demand.<br /><br />As technical performance increases in line with a decrease in manufacturing costs, OSRAM believes they will come to dominate sectors such as consumer electronics, automobiles, street lighting and solar energy.<br /><br />Siemens recently used OSRAM-supplied LED lighting capable of creating light in 16 million different colours to illuminate parts of its headquarters in Hamburg.<a href="http://feeds.directnews.co.uk/feedtrack/justcopyright.gif?feedid=1785&amp;itemid=19191207"><img alt="ADNFCR-1785-ID-19191207-ADNFCR" src="http://feeds.directnews.co.uk/feedtrack/justcopyright.gif?feedid=1785&amp;itemid=19191207" /></a></span><div style="clear:both;"></div> <div style="font-size: 90%;">Tags: in:lighting, Lighting News, ap:led_lighting</div>