Light Emitting Diode known as LED LED Tube China has been out there for a long time, mainly in niche purposes like small trinkets and signaling. However, owing to LED light being highly energy saving, not to mention technologically advanced than other light sources like the incandescent and fluorescent lighting, it is expected to reach beyond electronic uses into commercial and home lighting equally. In a recent report by Global Industry Analysts it is projected that the market for fluorescent and LED light could go up to $97 billion by 2010. The increase in growth would be mainly from construction and industrial development companies.As more individuals become aware of the energy efficiency of LEDs, the cost of such items as LED bulbs will decrease in price. Currently, the price of one LED bulb is considerably higher than the price of incandescent or fluorescent lighting. However, the initial price for the bulbs would more than pay for itself in the long run. On average, one incandescent 60-watt bulb can last 1,000 hours whereas one 2-watt LED light bulb lasts 60,000 hours. Therefore, one would have to purchase 60 incandescent bulbs for each LED light bulb.Home LED light is a cut above the rest when it comes to energy efficiency. As compared to incandescent lighting, LEDs wins hands down where energy consumption is concerned. For every 60,000 hours of usage, incandescent lighting uses approximately 3,600 kWh of electricity where LED lights use 120 kWh. Bottom line: energy efficiency equals a substantial cost savings. LEDs gives off directional light. Therefore, it is beneficial as a source of light for reading or spotlighting in the room. Its powerful light output also makes it great for outdoor floodlighting and road illumination. These bulbs are now available that can replace most halogen or fluorescent bulbs used in the home.Yet LED light may not be useful for all home lighting needs, changing a few bulbs would have a noticeable affect in the amount of energy used.LEDs are already used in signs and videos in many indoor and outdoor sporting events and parties. LED video displays and signs are frequently preferred because of their higher brightness, which is critical when people are watching a sign or video from a long distance. Other benefits of these video displays are their potential to incorporate curves and 3-D design. This makes LED displays technologically better than currently available large screen shows. Research and manufacturers in the consumer electronics field are eager to take advantage of this overwhelmingly useful technology in future devices.Other uses for LED light incorporate flashlights and key chains, vehicle taillights and interior lights, and LED-based projection televisions. LED light is also being used in the armed forces for LED flashlights that is used in night-vision goggles, UV-LED canteen water treatment plants and the sterilization of surgical equipment.With LED light being more energy saving and technologically superior to other light sources, numerous applications are sure to evolve. Future generations can expect to consider LED light as the basic light source for most lighting applications.