Industry News




 

08/29/2013

LED Lighting Prices Projected to Fall

 
LED lighting prices expected to fall.

Revenues from LED lighting products in commercial building markets are projected to grow from $2.7 billion in 2013 to more than $25 billion in 2021, according to a recent report from Navigant Research.

When LEDs were first introduced for general space lighting they were expensive, not very efficient, and too dim. Today, LED-based lighting products can successfully compete with rival technologies on the basis of light quality, efficiency, dimmability, and almost any other important metric except for price – which is falling rapidly.

“The rise of LED technology will transform every part of the commercial lighting industry,” says Jesse Foote, research analyst at Navigant Research. “While other lighting technologies have limited potential for future improvements, new designs for LEDs that push quality and efficacy to new levels continue to emerge from lighting labs around the world.”

In the coming years, LED prices are expected to fall to a point where savings from electricity consumption will provide a short payback period that will encourage consumer adoption en masse, according to the report. This shift will be most dramatic in the share of lamps sold for retrofit projects, where older lighting is often replaced specifically to improve efficiency. Although Navigant Research forecasts that only 5 percent of lamps sold to retrofit projects worldwide in 2013 will be LED-based, that share is expected to grow to 40 percent by 2017 and 63 percent by 2021.

The full report is available from Navigant Research.

 

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Need portable cooling?

Rent or buy spot coolers from full-service locations nationwide. On call “24/7”. Primary, supplemental or emergency cooling. Atlas Sales & Rentals, Inc., or call (800) 972-6600.

Click here for more info


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

Bluebeam® Revu® simplifies digital facilities document management from design review to leveraging as-builts, maintenance manuals and O&Ms submittals.

Yaskawa drives offer quality performance for air handlers and cooling towers on the roof to secondary chilled water pumps in the basement

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


 
08/21/2014

The Department of Energy has released two reports which indicate wind turbine installations and efficiency is growing while prices drop. 

08/20/2014

The NHL has partnered with the NRDC to release their first sustainability report. 

08/19/2014

A new battery has been developed that is free of toxic materials and longer lasting than its more expensive competitors.

08/14/2014

A new study shows that emergency communications that don't specify the threat could be doing more harm than good.

08/13/2014

Natural light's benefits to workers extend far beyond the workday.

08/12/2014

Will a "Little Box" change the future of electricity?

08/07/2014

Could your building withstand an F3 tornado repeatedly?

08/06/2014

Make sure your conference room is properly outfitted with a projection system that meets your occupants' needs.

08/04/2014

The update to the Building Energy Quotient program includes more building types and a new methodology to measure "In Operation" buildings.

07/31/2014

Improper lockdown security may leave your building and occupants vulnerable

07/29/2014

Is the American energy policy lagging behind the rest of the world?

07/22/2014

How to keep building occupants safe during the hot season.

07/21/2014

Spaces grow denser as the industry emerges from a slump.

07/18/2014

Study ranks states on fuel and consumption.

07/16/2014

Enhance cleaning practices at your educational facilities.

07/11/2014

Tenants have low tolerance for even one pest sighting, a new survey reveals.

07/10/2014

Battery installations will fuel federal research.

07/03/2014

An ongoing pilot program targets carbon neutrality.

06/27/2014

Potential substitute chemicals boast a low global warming potential.

06/26/2014

Tap into the DOE’s new data stream for renewable energy.

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