LED Downlight 13W Daylight 220V 140mm (5.5") Philips 59464 Meson

An LED lamp or LED light bulb is an electric light for use in light fixtures that produces light using one or more light-emitting diodes (LEDs). LED lamps have a lifespan many times longer than equivalent incandescent lamps, and are significantly more efficient than most fluorescent lamps,with some manufacturers (Cree and others) claiming LED chips with a luminous efficacy of up to 303 lumens per watt. However, LED lamps require an electronic LED driver circuit when operated from mains power lines, and losses from this circuit means that the efficiency of the lamp is lower than the efficiency of the LED chips it uses. The most efficient commercially available LED lamps have efficiencies of 200 lumens per watt (Lm/W). The LED lamp market is projected to grow by more than twelve-fold over the next decade, from $2 billion in the beginning of 2014 to $25 billion in 2023, a compound annual growth rate (CAGR) of 25%. As of 2016, many LEDs use only about 10% of the energy an incandescent lamp requires.