Navigant Research recently published a blog post about how the advent of LED lighting and lower-cost control technology is changing the lighting controls industry, causing three types of companies to compete for dominance. The article begins:
“With the rise of LED lighting and inexpensive controls technologies, the market for networked lighting controls is expected to increase sharply in the coming years. Three types of companies are maneuvering to take advantage of this opportunity: pure-play lighting controls companies, big lamp industry players, and traditional building controls vendors. Each group has its advantages, and it’s far from clear which will end up leading the lighting controls market in the future.”
Check it out here.