From the Navigant website: Falling prices for light-emitting diode (LED) street lights have spurred a global transition from older lamp technologies to the newer, more efficient, and more controllable lamp technology. Prices for LED street lighting have come down to the point where payback periods are becoming reasonable with or without subsidies. Residents in cities […]
Guest post by Memoori For LEDs, the push into the building lighting market is well under way, driven by improving energy efficiency of the technology and a longevity that is almost unmatched by competing lighting technologies. Memoori’s analysis indicates that market penetration expressed in terms of overall revenue generation of lighting in buildings grew to […]
The world value of lighting control products in 2013 was approximately $1.67 billion at factory gate prices. Memoori forecasts that the global market for lighting controls from 2013 to 2020 will grow at a CAGR of 12%. By 2017, it will reach a value of $2.54 billion. A major factor that will determine growth of […]
The lighting controls market in North America and Europe will reach $2.42 billion in 2016, according to Lighting Controls Market in Europe and North America, a report recently released by Verify Markets, a market research firm specializing in industrial, environmental, energy, consumer products and water markets. This represents a CAGR of 4.2% between 2011-2016. The […]
Forty-three percent of energy leaders say their investment in energy efficiency next year is projected to be more than it was last year, according to survey results recently released by Schneider Electric. Twenty-two percent said their projected investment would stay the same, and 10 percent reported their investment would be less than last year. The […]
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 […]
A survey conducted by manufacturer Precision-Paragon found respondents reporting they include some type of automatic lighting control in 48% of their lighting retrofit projects. Greentech has the story here.
IMS Research projects that the market for lighting control devices in commercial buildings will double from 2010 to 2017, with shipments of devices increasing from 29.6 million to 61.6 million. Most of these components will be connected ballasts that contain a connectivity technology such as DALI or ZigBee, says the research organization. One of the […]