Why Long-life LED Light Bulbs Will Likely Boost Lighting Control Adoption
By Jason Knott, CE Pro - May 14, 2014
Light bulb makers are facing a self-created dilemma: they have made LEDs so efficient that replacement cycles for residences can be as long as 68 years apart. That means revenues are set to fall dramatically for manufacturers. According to one analyst, “smart bulbs” might just be the only viable solution for the industry.
How bright is the future for LEDs?
LONDON, May 20, 2014 (BUSINESS WIRE) -- Memoori estimates that revenue from the global LED Lighting market for buildings hit $8.1 billion in 2013 and will rise to around $10.3 billion by the end of 2014. The market will have grown still further to total almost $23 billion by 2018.
Philips & Green Sense Farms Usher in New Era of Indoor Farming
SOMERSET, N.J., May 09, 2014 (BUSINESS WIRE) -- Royal Philips , the global leader in lighting, has partnered with Green Sense Farms (GSF), a Chicago-area commercial grower, to develop one of the largest indoor commercial farms using LED grow lights tailored to their specific crops. This innovative farming model allows them to harvest 20-25 times a year by using ‘light recipes’ optimized for their produce, using 85 percent less energy. The result will be an increase in crop yields and reduced operating costs, while providing consumers with locally grown, fresh vegetables throughout the year.
Industrial and Commercial LED Lighting Market (Industrial, Commercial, Architectural, and Outdoor) is expected to reach USD 86,087.9 Million Globally in 2019
NEW YORK, Apr 28, 2014 (PR Newswire Europe via COMTEX)
According to a new market report published by Transparency Market Research, "Industrial and Commercial LED Lighting (Industrial, Commercial, Architectural, and Outdoor) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019," the global industrial and commercial LED lighting market was worth USD 12,927.9 million in 2012 and is expected to reach USD 86,087.9 million by 2019, growing at a CAGR of 30.8% from 2013 to 2019. Europe was the largest market for industrial and commercial LED lighting market in 2012. Growth in this region is primarily driven by government initiatives and projects for LED lighting deployment. In addition, ban on incandescent bulbs across the different countries is expected to drive the market in near future.
Macon City awards Consensus Energy for Energy Savings
ATLANTA April 24, 2014 - Macon-Bibb County presented Consensus Energy with the 2014 Innovations Award during their Earth Day awards luncheon at the Ocmulgee National Monument in Macon yesterday. Presented by Mayor, Robert Reichert, the environmental services company was recognized for its innovative energy savings at the city’s Mulberry Street parking deck in downtown Macon.
The Best LED Light Bulbs for Vivid, Rich Colors
What to look for in an energy-efficient LED light bulb. Plus shining examples like the Cree TW, GE Reveal, and Sylvania Ultra HD.
Michael Hsu - April 18, 2014 2:07 p.m.
Energy-efficient LED light bulbs have gotten brighter and warmer since the early days of this technology. The best bulbs, although pricey, make colors pop in a way that incandescents can't. Michael Hsu offers tips on picking bulbs. Photo: F. Martin Ramin/The Wall Street Journal.