A new report released from Navigant Research found that the market for lighting controls in commercial buildings would increase as the adoption rate of LED lighting systems increases. It predicted that the worldwide revenue of networked lighting controls will grow from $1.7 billion annually in 2013 to more than $5.3 billion by 2020. “Building […]
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Intelligent lighting control systems are gaining popularity thanks to the falling cost of light emitting diodes (LEDs) for commercial buildings. "Falling prices are triggering re-lamping projects in many existing commercial buildings. Because LEDs are particularly well-suited to digital control, many existing commercial building owners will decide to incorporate additional lighting intelligence - including photosensors, […]
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