According to a new study, the widespread adoption of LED lamps will create a global energy savings worth $100 billion over the next five years. IMS Research found that a rapid uptake of retrofit LED lamps has a huge potential market.
On average, lighting accounts for about 19 percent of the world’s current energy usage. But IMS Research estimated that by 2016, about 15 percent of all lighting on the market will be based on LED technology, which would reduce global energy consumption of lighting by at least 20 percent.
While switching to LED lamps may seem simple, most commercial buildings require more work and planning.
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Source: IMS Research