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.

 


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.

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.

Add highly responsive multi-zone comfort to any building project, in any climate. Our CITY MULTI H2i R2- and Y-Series VRF systems give you flexibility to fit the needs of any building. Enjoy 100% heating capacity at 0°F outdoor ambient, and 85% heating capacity at -13°F outdoor ambient.  For more information, log on to www.mitsubishipro.com


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.

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.

Add highly responsive multi-zone comfort to any building project, in any climate. Our CITY MULTI H2i R2- and Y-Series VRF systems give you flexibility to fit the needs of any building. Enjoy 100% heating capacity at 0°F outdoor ambient, and 85% heating capacity at -13°F outdoor ambient.  For more information, log on to www.mitsubishipro.com

 
12/16/2014

New provisions added before end of session.

12/15/2014

Ultraviolet regimen can reduce incidence of dangerous viruses up to 20%.

12/12/2014

New design keeps heat from entering buildings.

12/11/2014

Provision covers new construction and retrofits.

12/10/2014

New rule will cut consumption by 15-20%.

12/09/2014

Recent rainfall not enough to offset groundwater losses.

12/08/2014

New technology allows record-high energy output.

12/05/2014

New “heat mirror” could revolutionize facility cooling.

12/04/2014

Education improves efficiency and employee happiness.

12/03/2014

Interactive building guide provides directions.

12/02/2014

Study shows walking at work can improve focus, mental health.

12/01/2014

Ruling would further limit smog emissions.

11/26/2014

Survey shows green initiatives pay off in hiring as well as energy.

11/25/2014

More executives choosing alternatives to LEED.

11/24/2014

EPA challenge to increase diversion rates for the holidays.

11/21/2014

Framework allows users a better look at roofing's environmental impact.

11/20/2014

Study finds paper towel dispensers carry far fewer germs.

11/19/2014

Tool will help manage information during power outages.

11/18/2014

Requirements include energy, IEQ, and sustainability updates.

11/17/2014

Group of 17 properties earn energy efficiency designation.

Page 1 of 48
FirstPrevious[1]2345678910NextLast

Upcoming Webinars

Sponsored Links