2015 Forecast: 32% of Office Lamp Revenue is LED

LED Office Lighting

LED lighting is forecast to reach 32% of total lamp revenue in office lighting this year, according to the latest projection by IHS, Inc. The total worldwide revenue for office lamps is projected at US$3.5 billion, of which US$1.2 billion is anticipated to be LED. The remainder is mostly fluorescent lighting.

LED is gaining popularity in high-end installations in developed countries, and lighting designers are increasingly eschewing fluorescent lighting in their projects in favour of LED.
The key factors used to make decisions about office lighting installations are upfront cost, running cost (i.e., electricity cost), and ease and frequency of maintenance. LED does well in most of these categories; however, one notable exception is the initial installation cost, which is higher than other technologies. In office lighting projects installed in 2014, maintenance accounted for 18% of project cost, compared with 51% for equipment, 25% for installation, and 6% for design and engineering. 

Increasing use of LED lighting is only part of the story, as the lighting industry is also a shifting toward smart lighting. Smart-lighting solutions are only used in a small number of offices globally, but there are many different types of systems available. According to one lighting designer, “occupancy and vacancy sensing is essential, and depending on where you are in the country, also daylight sensing.” Smart lighting is most commonly introduced to meet legislative requirements to save energy. Where such regulations do not exist, its penetration rate is still very low.

Technology challenges also exist in office lighting, but none are insurmountable. One of the biggest issues today is dimming. There are a wide variety of control standards available. Until organizations collaborate more coherently, says HIS, Inc., the market will remain inhibited. It would be beneficial to the industry to improve this in the next few years, according to the research in IHS’s new report on office lighting.

Find out more: https://technology.ihs.com/545091/32-of-office-lamp-revenue-is-led.

 

Related Articles


Changing Scene

  • LEDucation 2024 – Concluded with Record-Breaking Attendance

    The LEDucation Trade Show and Conference, organized by the Designers Lighting Forum New York, wrapped 2024 with record-breaking attendance, welcoming more than 10,000 registrants from all aspects of the lighting industry. LEDucation celebrated its 18th year in New York City March 19–20 at the New York Hilton Midtown, becoming North America’s largest annual lighting industry… Read More…

  • Part 1: How Many Studies Does it Take to Change a Lightbulb?

    March 18, 2024 How studies in vision inform lighting standards at Night By Noah Sabatier Changing a light bulb in our home is perhaps the most simple task in which we can still credit ourselves for performing household maintenance. The amount of thought such an operation receives rarely extends beyond looking for the most efficient… Read More…


Design

  • Case Study: Windsor Family Credit Union (WFCU) with Salex SW

    Case Study: Windsor Family Credit Union (WFCU) with Salex SW

    February 6, 2024 Since 1940, WFCU Credit Union is a prominent and forward-thinking financial institution based in Windsor and Essex County. For over 80 years, WFCU has been dedicated to serving Ontario residents, community, organizations, small businesses, commercial entities, and public institutions. Their new headquarters in Kitchener was created as they continue to grow their… Read More…

  • Coaticook Suspended Footbridge: An Ever-Changing Luminous Canvas, Painted by Nature

    Coaticook Suspended Footbridge: An Ever-Changing Luminous Canvas, Painted by Nature

    December 5, 2023 At 170 m (554 ft) long and 50 m (160 ft) high, the Coaticook Canyon Bridge at Parc de la Gorge de Coaticook is one of the longest suspension footbridges in North America and one of the most popular tourist attractions in the Eastern Townships. For several years, the Parc de la… Read More…


New Products

  • Liteline ORBIT 2″ Gimbal Recessed Fixture

    The ORBIT is a 5 watt 2″ gimbal recessed light fixture for retrofit applications, with 360° rotation and 80° tilt. It is a high-performance, easy to install downlight solution that offers good light output, energy-efficiency and streamlined design. Suitable for wet locations and ideal for vaulted ceiling and soffit installations. BodyDurable aluminum body with 360°… Read More…

  • Acclaim Lighting Introduces All-Weather Terra Drum with Multiple Color Options

    Acclaim Lighting introduces the Terra Drum series, rugged, all-weather inground, drive-over ready rated fixtures designed for recessed façade and tree lighting applications.  Available in 15-, 30- and 60-watt versions, Terra Drums have a drive-over rating of up to 6,000 lbs. (2,721kg). They are offered in 2400K, 2700K, 3000K, 3500K, 4000K, Dynamic White (2700K-6000K), Quad Spectrum… Read More…