Top lighting companies are leading the transition of the lighting sector toward energy-efficient lighting (EEL). The market opportunity for energy-efficient lighting is large: the US Department of Energy has estimated the annual sales for the global lighting market at more than $80 billion, with energy-efficient lighting representing only a small percentage of the total. The segment of EEL with the most potential appears to be solid-state lighting (SSL) provided by LEDs, which can result in superior energy efficiency relative to traditional alternatives.
Adapted from the Energy-efficient Lighting report published in late 2010 by Robert W. Baird & Co., this article summarizes the actions and plans designed to enable leading lighting manufacturers to capitalize on the significant growth prospects of energy-efficient lighting.
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This article was published in the February 2011 issue of LEDs Magazine. To read the full version of this article, please visit our magazine page, where you can download FREE electronic PDF versions of all issues of LEDs Magazine. You can also request a print copy of LEDs Magazine (available by paid subscription) and sign up for our free weekly email newsletter.
