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LED lighting efficiency and light energy output index doubled every 36 months, and performance will double, which is consistent with Moore's Law. The performance, color quality and longevity of LED lamps have improved over the past few years. Specific application solutions based on current LED lamp technology range color temperatures from 2700K to 6500K, with color rendering (CRI) values ​​ranging from 70 to 95. The white LED lamp life cycle has been greatly increased to more than 100,000 hours, which significantly reduces maintenance and replacement costs.
The report is very optimistic about the entire LED lighting industry and has made the following innovations:
1) All-directional LED lights. Just like an incandescent lamp, if the LED light wants to be the benchmark for the general lighting industry, it must be illuminated in all directions. Omnidirectional LED lighting seems to be able to easily provide a solution for multi-directional lighting modes.
2) Organic LED lights. It is expected to be a small, high performance and environmentally friendly lamp.
3) Clever design. It provides an alternative to traditional incandescent lamps with similar parameters and light output.
4) Non-contact phosphor technology. Competing for the selection of this technology as a cost-reducing response.
5) AC LED lights. Its light output and performance are kept at the same level as DC LEDs, eliminating the need for AC to DC conversion and the electronics required for DC LEDs.
6) Production uses silicon materials. Due to the significant decline in silicon costs and the wide range of sources, all of them are seen by companies as fundamental to reducing costs. 
Indian media predicts LED development trend to indicate direction for LED industry
Recently, a report released by the printing technology magazine "Electronics For You" shows that although LED lighting has many advantages, only the high initial cost makes the industry currently unable to mass production. As a result, each participant in the LED lighting industry is currently setting a goal to create a commercially viable LED light, like a 60W incandescent lamp, for sale at a cost of $5 to $10. Innovation is needed everywhere on the road to achieving this goal.