As we begin, here is a reminder about the volatility of LED lighting systems. These days it seems as if LED lighting systems change very rapidly, almost daily, and suddenly LEDs are the best choice for an application that was historically better served by some other source. For example, two years ago most practical LED lighting systems were far too expensive for most customers. Only a few early adopters ventured to try LED lighting, and most were disappointed at the color, life, and lack of payback. Today, the efficiency of LEDs has improved by 30-50%, the color quality is good to excellent, and the product quality is much higher – and yet, the LED products cost less. This will continue to occur for the foreseeable future.
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