Problem. Complexity: thermal management, assembly, sourcing, obsolescence of LEDs.
Solution:
1) ECOLED (ECOLED1): a turnkey LED module, based on a patented technology (IF-T LED). The first generation has up to 75% lower aluminium content with excellent temperature management and a considerably smaller size. The latter is attractive to the target niche of design l luminaires.
2) ECOLED 2nd generation (ECOLED2): the second generation will increase the lifespan by a factor 2 to 3 and increase energy efficiency, which is particularly appealing to outdoor, industrial, office and commercial applications.
The advantages of LED lighting in terms of electricity usage and lifespan are renowned: compared to a conventional light bulb LED consumes 6 times less electricity and lasts 40 times longer.
Despite the perception that LED light bulbs have a lower temperature than conventional lamps, thermal management remains an issue. LEDs suffer from thermal issues like any other electronic device. ECOLED is solving this problem thanks to the patented IF-T LED technology which contains up to 75% less aluminium resulting in much smaller devices. Apart from better performance and longer lifespan than current LED lighting sources, ECOLED has a much smaller ecological footprint. SLL will introduce its first generation ECOLED in a first stage (phase I) in the selective market segment of residential design luminaires, with an end-user size of €100 million. After the ready-to-market feasibility analysis (objective of phase I), the second-generation ECOLED will deploy its full disruptive effect by entering the market of residential, industrial, office and outdoor lighting, a market of €2,5 billion in Europe, growing at 8% per year (Phase II). SLL forecasts sales above €50 million.
