On the other hand, an LED lamp sells for about $70 even when it generates only 660lm/11W of illumination. Although more efficient than incandescent lamps or CFLs, LED's high price prohibits the LED lighting market from taking off.rnAccording to High Power Lighting Corp. (HPLighting), the five major challenges faced by the indoor LED lighting market are production cost, color standardization, yield rate, light quality and lighting and fixture system.rnLED manufacturing requires intensive capital and technological investments, making production costly. Additionally, in orderfor these manu-facturers to address thermal dissipation problems, they use thermal-resistant raw materials, which are more expensive.
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