The Lux Research Energy Electronics Intelligence service titled 'Cheaper, Brighter, Cooler: The Need for Cost Reduction Past the Package' states that the overall costs of the central LED package will have over 70% decline in another 10 years.
The development of system technology solutions and technology innovation provides a wide range of potential opportunities. As dimmable drivers are capable of facilitating control of the light output accurately, those priced at a premium to non-dimmable drivers create increased energy-efficiency. These drivers drive the overall performance of LEDs. Furthermore, LEDs innovation can also promote cost efficiency of at least 1% in 2020.
The key cost stack components and technologies present in a 60 W incandescent equivalent LED bulb responsible for expediting cost cuts was examined by Lux Research analysts. According to their research, secondary optics account represents around 5% of the total cost of a 60 W equivalent LED bulb. By enhancing the capability of LED to harness more light from primary optics and innovation in creating better shape of the beam will lead to high performance. Thermal management is the next criteria of interest following overall system design. There is however no sign of innovation in thermal management until 2017.
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