Many sources are discussing LED pricing in the next 5-15 years, with all sources pointing to a huge decrease in pricing for a number of reasons.
The most particular and promising other than the natural lowering of pricing from increased competition comes from the components and materials used.
The newer use of larger silicon carbide wafers will bring prices down eventually as well as the promising technology of GaN-on-Silicon wafers.
Pricing for assembled LED applications are predicted to drop by up to 100% from industry sources.
LEDs are up to 40 times more efficient and longer lasting than regular incandescent light bulbs. With the more affordable pricing, they will surely take over more of the new and replace old lighting applications.
This will also increase the effect of demand for metal core pcb designers, fabricators and assembly firms.
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