Commercial & Industrial LED Linear Lighting for Industries
With developments in diode technologies which emit light have allowed allowance of LED products into commercial markets having enormous growth potentials. LEDs have just made an entry into the market as an alternative to incandescent as well as fluorescent bulbs which are quite energy efficient. They have huge spaces for rooms of development on technological grounds and have more advantage over other forms of illumination. Being new in the market, they have faced numerous barriers and are struggling over obtaining a larger market share than convenient light forms.
Various industry tests were done on LED lights to measure whether they are ready for widespread use or not. Literatures, as well as industry reviews, were taken into consideration for determination of primary differences between major lighting forms and also LED’s future trends. The market analysis was done to determine the position of Commercial & Industrial LED Linear Lighting in the market and knowing the present status of the market. An analysis on cost benefits was also done on compact fluorescent, incandescent as well as LED bulbs for determining their potential to save costs. An energy audit on using LED lights was conducted on the commercial building for a practical world case. A survey of 400 residents completed a survey which measures how much people know about LED as well as the rest of the lighting forms and also factors which influence a buyer to decide whether to purchase or not.
At present LED bulbs are in their early phase of a product’s life cycle. But continued advancements in technological grounds have allowed them to enter as well as excel through their growth phase. In some years there has been huge growth in the Commercial & Industrial LED Linear Lighting market. The market which measured around 4.8 billion dollars in 2012 has projections of reaching 42 billion dollars by the next seven years with growing at 45% every year. As per a report of 2012 Pike Research had predicted LED lighting share’s commercial market of exceeding 50% by the next nine years. Incandescent, as well as fluorescent bulbs which are less efficient, will slowly phase out of the market which will allow innovative LED products to capture the market.