The residential sector is expected to take the largest share of the market. One of the significant ways in which many homeowners are making significant efforts in the area of sustainability is by installing LED lighting in residential areas. These properties contain large lighting networks that are on for most of the day and must remain in working order. Switching to LED lighting can result in significant energy savings.
Consequently, many renters and homeowners are also actively using various LED options to upgrade their interior lighting. The main advantages of LED lighting are energy efficiency and durability. LED lighting also provides design flexibility that other types of lighting cannot achieve. Due to their small size, LEDs can be used in lamp shapes that are australia number data not possible with halogen and fluorescent lamps. LEDs can also be designed to produce any desired color of light for an interior design, and some products have adjustable color output.
These advantages offered by LEDs have accelerated their adoption in the residential sector. According to the latest Residential Energy Consumption Survey (RECS) conducted by the IAEA in 2020-2021 and published in 2022, 47% of US households currently use LED-based products for most or all of their lighting needs. Residential LED bulbs also hold a large market share compared to halogen, incandescent, and fluorescent bulbs. General lighting provides the overall illumination of a room. LED-based lighting comes in various forms such as LED ceiling spotlights, LED strip lights, LED bulbs, and even chandeliers that produce light using LED fixtures.