Dec 4 2010
Greentech Media and Groom Energy have published a new report titled ‘Enterprise LED Lighting, Trends, Opportunities and Leading Market Players in Commercial and Industrial LED Lighting’. The research report discusses the US market for industrial and commercial LED lighting in 2010.
According to the report, the US LED lighting market is expected to grow by 30% in 2011, and will exceed the annual revenue of $1 billion by 2014. The market growth would be driven by three developing trends. First, the interest of building owners in utilizing sustainable lighting retrofits; second, the new utility energy saving financial incentives to adopt LED-based systems. The other trend driving market growth is the new developments in LED chip performance that will result in creating economical designs to replace current lighting systems.
The report offers the details about financial analysts, consultants, lighting designers, as well as, sustainability and building managers. In addition, the study offers data associated with decision criteria customers, technology challenges, and current market dynamics of the LED lighting industry.