Which are the Limiting factors of LED lighting
First, LED comparable to other similar competing technologies. LED to replace incandescent, still has a long way to go. From the point of view of global installed capacity, installed capacity is ten times the LED incandescent lamp. There are also environmental hazards of mercury-containing compact fluorescent lamps (CFL) and linear fluorescent lamps (LFL) and other technologies, both technical installations is 20 times the amount of installed LED lights, compact fluorescent lamps (CFL) and linear fluorescent lamps (LFL ) higher energy efficiency, the LED will need more time to replace.
Secondly, the high initial investment cost is one of the factors limiting the market. Most countries in the Asia-Pacific region, the initial investment LED is still considered expensive. No reduction in the price of LED products before its expected compound, the development of LED market is subject to certain restrictions.
Finally, the current global economic environment for the promotion of LED products, is not a good practical. Global GDP growth is expected to be lower than previously, Southern Europe, Brazil, India and China will also lose momentum after growth. The new LED's installed capacity will depend on new construction activities, and construction activities and the economic environment are closely related. The sluggish global economy is expected to limit further development of the global LED photo market.