The falling cost of light-emitting diode (LED) lights for commercial
buildings is driving a number of changes within the lighting controls
industry. Falling prices are triggering re-lamping projects in many
existing commercial buildings. Because LEDs are particularly well-suited
to digital control, many building owners will decide to incorporate
additional lighting intelligence - including photosensors, dimming
ballasts, dimming controls, and the communications and interfaces
necessary to tie controls to a building management system - while they
are in the process of re-lamping. According to a recent report from Pike
Research, a part of Navigant's Energy Practice, the adoption of LED
lamps, along with new wireless technology, will fuel corresponding
growth in the market for intelligent lighting controls.
The global market for intelligent lighting controls will expand from
$1.5 billion in 2012 to more than $4.3 billion in 2020, the study
"Building-wide lighting management systems have developed rapidly over
the past few years, giving building managers better tools with more
information and more control," says senior research analyst Eric Bloom.
"Rapid growth in sales is forcing controls vendors to develop products
that can incorporate LEDs, or risk being left behind."
While centrally controlled lighting systems are on the rise, a competing
trend is toward lighting systems with distributed intelligence. With the
reduction in cost in miniature electronics, more sensors and control
intelligence can be built directly into light fixtures. Fixtures in a
room can communicate wirelessly with each other, allowing for room-level
intelligence with a minimal amount of equipment, wiring, and expense.
While systems like this will proliferate,the dominant trend is still
expected to be greater central control as costs decrease and more
building owners and managers understand the potential benefits,
according to the report.
The report, "Intelligent
Lighting Controls for Commercial Buildings", analyzes the global
market opportunity for intelligent controls across nine building types:
office, retail, education, healthcare, hotels & restaurants,
institutional/assembly, warehouse, transport, and multi-unit
residential. The report provides a comprehensive assessment of the
demand drivers, obstacles, policy factors, and technology issues
associated with the growing market for lighting controls. Key industry
players are profiled in depth and worldwide revenue and capacity
forecasts, segmented by building type and region, extend through 2020.
An Executive Summary of the report is available for free download on the Pike
About Pike Research
Pike Research, which joined Navigant's global Energy Practice on July 1,
2012, provides in-depth analysis of global clean technology markets. The
team's research methodology combines supply-side industry analysis,
end-user primary research and demand assessment, and deep examination of
technology trends to provide a comprehensive view of the Smart Energy,
Smart Grid, Smart Transportation, Smart Industry, and Smart Buildings
sectors. Additional information about Pike Research can be found at www.navigant.com/pikeresearch.
Navigant (NYSE: NCI) is a specialized, global expert services firm
dedicated to assisting clients in creating and protecting value in the
face of critical business risks and opportunities. Through senior level
engagement with clients, Navigant professionals combine technical
expertise in Disputes and Investigations, Economics, Financial Advisory
and Management Consulting, with business pragmatism in the highly
regulated Construction, Energy, Financial Services and Healthcare
industries to support clients in addressing their most critical business
needs. More information about Navigant can be found at www.navigant.com.
* The information contained in this press release concerning the
report, "Intelligent Lighting Controls for Commercial Buildings,"
is a summary and reflects Pike Research's current expectations based on
market data and trend analysis. Market predictions and expectations are
inherently uncertain and actual results may differ materially from those
contained in this press release or the report. Please refer to the full
report for a complete understanding of the assumptions underlying the
report's conclusions and the methodologies used to create the report.
Neither Pike Research nor Navigant undertakes any obligation to update
any of the information contained in this press release or the report.
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