By 2020, Sale of Lighting Controls will Eclipse $5 Billion!!!

Photo sensors, occupancy sensors and networks controls. These are products that will certainly keep the lighting industry busy well into the next decade.  

The Wall Street Journal, citing a Navigant Research report, says that worldwide revenue from networked lighting controls will top out at more than $5.3 Billion by 2020.  This figure is up substantially from $1.7 Billion in 2013.

The Navigant report, analyzed the global market for lighting controls for commercial buildings to include new construction and retrofits.  Technologies ranging from Sensors, ballasts, drivers, switches, relays and controllers were all looked at. 

Throughout the U.S., municipalities and businesses are striving to replace their inefficient lighting to save energy, reduce their utility costs, and go green with more environmentally friendly, sustainable lighting solutions. New solid state lighting (SSL) technologies offer numerous benefits, including immediate energy savings of 50% or more, 50,000 hour lifespan for long term maintenance savings, and greater controllability. The use of controls, sensors, day lighting, and intelligent network systems offer an additional 25% or more in energy savings by adjusting light levels when and where the illumination is needed.

Navigant Research Analyst Jesse Foote told the Journal that,  "Building owners and managers, who are accustomed to the idea of centrally monitoring and managing their heating, ventilation, and air conditioning systems, are beginning to expect the same level of control from lighting systems." Foote added that, "To meet this growing demand, a number of different types of vendors -- including pure-play startup companies and traditional lighting vendors -- are moving aggressively into the lighting controls market."

The report, entitled "Intelligent Lighting Controls for Commercial Buildings", noted that as falling prices for Light-Emitting Diode lighting (LEDs) drive up adoption rates of LED lamps, the adoption of lighting controls will also accelerate. Navigant Research opined that the semiconductor nature of LEDs makes them inherently controllable, with a high degree of dimmability, easy integration of controls with drivers, and instantaneous startup. Many LED lamps, according to Navigant, are being sold with built-in controllability, whether or not there are plans to make use of those features.

Want to get a jump on lighting controls for your building?   For more information on bringing controls and an LED lighting solution to your facility, please contact us at GET, LLC at 671-483-0789 or see our website at www.get-guam.com for details of the technologies that can be of significant value to all building owners-All Made in America!!!