Energy Efficient Lighting: LEDs to Replace 52% of Commercial Lamps

As I mentioned in a previous article, the energy efficient lighting market has seen steady growth despite the recession, and will continue to see strong growth in 2012.

According to a new report from Pike Research, LEDs will displace more than 52% of the global market for lamps in commercial buildings by 2021. The lighting industry will see a major shift as new, efficient technologies will replace traditional, inefficient lighting.

The research firm estimates that the market for LED lamps in the commercial sector will rise by 8.5% through 2021, to $2.7 billion… Read more

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: