Market for Intelligent Lighting Controls on the Rise
A new report from Pike Research, Intelligent Lighting Controls for Commercial Buildings, found that the intelligent lighting controls market is enjoying strong growth and estimates global revenue for lighting controls will double to $2.6 billion by 2016. “A number of trends are leading to increased adoption of intelligent lighting controls," says Clint Wheelock, president of Pike Research, Boulder, Colo. "In addition to the drive to cut energy consumption, there is recognition that lighting control systems can contribute to the pursuit of green building certifications, an interest in increasing the amount of natural light available to occupants, and a desire to provide people with more control over the light levels in their work environments.”
Wheelock reports that ever more lighting control systems are networked and centrally controlled, enabling them to be connected to building energy management systems (BEMS) and smart grid applications. Moreover, wireless technologies are providing options for implementing lighting controls in buildings where installing wired systems would not previously have been practical.
Pike Research us predicting that office and academic buildings will emerge as the largest markets for intelligent lighting controls over the next several years. Pike also is expecting nearly three-fourths of lighting control systems will be installed as part of a building retrofit, with the other quarter included in new construction.
"Intelligent Lighting Controls for Commercial Buildings" includes forecasts for lighting control equipment revenue for nine different building types across five global regions. The report also features in-depth profiles and SWOT analyses of 24 key industry players. An executive summary of the report is available for free download at www.pikeresearch.com.
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© 2012 Penton Business Media, Inc.
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