Reportlinker has added a new report titled “Energy Efficient Lighting for Commercial Markets” to its offering.
This market research report collated by Pike Research predicts that the lighting industry will change drastically over the coming years by adopting LED lighting solutions. The LED solid lighting solutions will dominate the market and will increasingly be used in the new buildings that will come up in the future in developing countries.
The current market scenario is seeing a number of start-up companies and global leaders investing more on LED lighting technologies. Though cost of LED lighting solutions have decreased at a rapid rate over the years, in the near future only the niche markets will be able to afford them. The strategies, which will promote growth of LED lighting solutions will be energy codes, incentives and rebates. The need for acquiring certifications such as the USGBC’s LEED and projects funded by conservationists etc have raised the bars for LED lighting standards. Pike Research lists the influencing factors for energy efficient lighting solutions such as rebates, energy codes, green/sustainability certifications, availability of raw materials, geospatial influences and energy codes. The report also describes factors such as key applications, structure of the industry and technological constraints that influence all the lighting technologies prevailing in the market. Forecasts are also provided at unit price level until the year 2021, categorised by type, application and geographic region.
Some of the issues addressed by the report are the revenue potential for commercial lighting for each of the LED types, market trends for efficient lighting, prediction of when LED lighting will take over conventional lighting solutions, fastest growing applications for LED lighting solutions etc. The report will be useful for lamp manufacturers, energy services companies, investor community and associations and commercial building owners.