I have read on this site that current regulated drivers are more efficient than PWM. I have read other info that suggests that PWM may be a more efficient way to regulate current.
Is there a definitive answer to this or are there too many factors that can result in either being more efficient in a given application?
I ask this because it is my understanding that an XM-L is about 20% more efficient than an XP-G. However, when I tested a Xeno EO3 XM-L against my TrustFire R5-A3, the R5 had about 2X the run time at what appeared to my eye to be about the same amount of light output. (Both lights at their lowest setting.)
I could notice more light output on the highest setting from the XM-L (didn't do runtime tests on high). However IIRC, on low the output, the 2 were very close. Think I would have noticed if the R5 were less that 1/2 as bright.
Fortunately my eyes are not sensitive to PWM. I think the PWM in the R5 must make it more efficient. Why else would a less efficient LED appear to put out about the same amount of light for 2X as long as a light with a more efficient LED?
Thanks,
Wade