Monday, August 10, 2015

LED Lamps to Surpass Traditional Lamps in Offices by 2019


  

The use of smart lighting in offices worldwide is set for an impressive growth in the next five years as LED lamps will overtake traditional lamps by 2019, according to a new report from IHS. Currently, smart lighting is used in only a minority of offices around the world but is found more commonly in developed countries such as the United States and Japan. However, in the coming years, revenue from LED lamps will grow at a compound annual growth rate (CAGR) of 21.4% during the 2014 to 2019 time frame, IHS says. This revenue growth will overtake traditional lamp revenue in offices by 2019.

5 comments:

Hillary Clinton said...

Smart lighting in offices is most commonly introduced to meet legislative requirements that insist on companies installing LED lighting in order to save on energy. Where such regulations do not exist, the penetration rate of smart lighting is still very low. However, in new projects that are being developed that call on smart lighting, LED is considered the best choice with linear fluorescent lighting not far behind as a suitable alternative
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Paradigm LED said...

LED lights have really come a long way. The technology has evolved in the most brilliant manner. With the passage of time. The led lighting are supposed to be one of the most energy efficient lights as they convert almost 80 percent of electrical energy into light energy if designed properly.

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Haroon Shah said...

LED Lighting Innovations and technology is advancing day by day according to the customers & Market requirements. Engineers are working very hard to produce more n more of energy efficient LED Lighting. And this post gets you learn a lot from it.

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