Market Research Report
Market Data - Energy Efficient Lighting for Commercial Markets - LED, Fluorescent, HID, Halogen, and Incandescent Lamps and Luminaires in Commercial Buildings: Global Analysis and Forecasts
|Published by||Guidehouse Insights (formerly Navigant Research)||Product code||224221|
|Published||Content info||28 Pages; 38 Tables, Charts & Figures
Delivery time: 1-2 business days
|Market Data - Energy Efficient Lighting for Commercial Markets - LED, Fluorescent, HID, Halogen, and Incandescent Lamps and Luminaires in Commercial Buildings: Global Analysis and Forecasts|
|Published: April 3, 2019||Content info: 28 Pages; 38 Tables, Charts & Figures||
The commercial building market is being pushed toward improved energy efficient technologies due to changing building codes and standards, corporate sustainability initiatives, utility incentives, and rising energy costs. Lighting in the commercial building market is often considered an easy opportunity because a lighting upgrade can be a less expensive initial investment than upgrading the HVAC or building management system. Since the previous iteration of this report was published in 2017, this market has seen a continued upward trend toward LED upgrades in existing buildings and LED lighting system installations in new construction.
The technology for LEDs has improved in quality and price since LEDs first became available, making them more competitive with other lighting technologies. The improved efficacy, efficiency, and cheaper costs have driven adoption of LEDs in the commercial building market globally. Government regulations for reduced energy use in commercial buildings have also helped propel the adoption of LEDs. Navigant Research expects global LED revenue to grow across all building types in the commercial market.
This Navigant Research report analyzes the global market for energy efficient lighting in commercial buildings. The report briefly covers the market issues, including key drivers and barriers of the energy efficient lighting market for commercial buildings. Global market forecasts for lamp and luminaire unit shipments and revenue, segmented by lamp type, construction type, region, and building type, extend through 2028. The study covers seven lamp types and eight building types, as well as luminaire and lamp unit shipments for new construction and retrofits.