Cree and LED lighting are starting a revolution
January 27th, 2010
If you’re at work, sitting at your desk under the glow of fluorescent lights, you might be skeptical of the LED lighting revolution. You might be wondering: If this is really a revolution, then why am I stuck sitting under this icky light? When will my office, my home, my grocery store be lit with LED lights?
Well, I think this Bay Area Home Depot associate adequately summed it up when he said to FORTUNE magazine reporter Michael V. Copeland: “Buy, hey, it’s a revolution, and sometimes that takes time.”
LED lighting is out there. LED lights are initially being installed in produce and electronics sections at 650 Walmart stores, they’re illuminating the pedestrian entrance to the Brooklyn end of the Brooklyn Bridge, even lighting up a dorm at N.C. State University.
So if you’re feeling skeptical (or eager like us because you want LED lighting everywhere right now), take a look at this article by senior FORTUNE writer Copeland. Here’s the lead to get you going:
“The $100 billion global lighting industry is undergoing radical change: New office buildings and retail outlets are abandoning fluorescent lighting in favor of LEDs, or light-emitting diodes, those tiny, energy-efficient, long-lasting, and blindingly bright points of light. Giants such as GE (GE) and Philips are shifting production from incandescent bulbs to LEDs. Even the local Home Depot (HD) — which today probably stocks only a couple of LED lighting products — will soon carry a bouquet of LED bulbs, ultimately edging out fluorescents and halogen lamps. By the end of the decade, analysts predict, LEDs will be the dominant source for commercial and residential lighting.”
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