Not surprisingly, the introduction of LED Lighting has given a major boost to smart lighting controls right across the globe; but we are now entering a new phase of its development, when LED will be dependent upon smart wireless controls, if it is to open up the vast retrofit market in the commercial and industrial […]
Wireless Control Systems for Smart Buildings are Expected to Reach $434 Million in Annual Revenue by 2023
Worldwide revenue from wireless control systems for smart buildings is expected to grow from $97 million annually in 2014 to $434 million in 2023, according to a recent report from Navigant Research. The report examines the state of the global wireless building controls industry, including global market forecasts for wireless node unit shipments and revenue […]
Market Research Suggests High Degree of Confidence with LED Lighting and Controls
Given current adoption of commercial building energy codes, conventional wisdom indicates that LED lighting is frequently specified with automatic lighting controls. However, there is little public data available concerning market penetration of LED lighting, how often it is specified as controllable and with lighting controls, owner preferences, and how satisfied specifiers and installers are with […]
Navigant Report Evaluates Market for LED Streetlighting Controls
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 […]
Memoori Report: Longer Life-Cycles and Price Pressure Push LED Manufacturers Towards Smart Lighting Control
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 […]
Memoori Publishes Report … Smart Buildings: The Lighting Controls Business 2013 to 2017
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 […]
Verify Markets Predicts North American and European Lighting Controls Market to Reach $2.42 Billion in 2016
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 […]
Survey: 43 Percent of Energy Leaders To Invest More in Efficiency
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 […]
The Battle for Control of Lighting Controls
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 […]
Survey: Nearly Half of Lighting Retrofit Projects Use Automatic Lighting Controls
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.