Shipments of LED Lamps and Luminaires for Commercial Buildings Are Expected to Total 10.7 Billion fr...

1. Shipments of LED Lamps and Luminaires for Commercial
Buildings Are Expected to Total 10.7 Billion from 2014 to
2023, According to Navigant Research
Shipments of LED Lamps and Luminaires for Commercial Buildings Are Expected to Total 10.7
Billion from 2014 to 2023, According to Navigant Research
The shift to LEDs is expected to be most dramatic in luminaires used for retrofit projects, report
finds
A recent report from Navigant Research analyzes the global market for lighting in commercial
buildings, including global market forecasts for unit sales, shipments, and revenue through 2023.
As new light-emitting diode (LED) products have reached the market in the last few years, the
technology has become increasingly competitive with the fluorescent lighting typically used in
commercial applications. While still more expensive, LEDs have been found to be more efficient and
to offer a range of benefits, including improved color quality and better dimming. Click to tweet:
According to a recent report from Navigant Research, global unit shipments of LED lamps and
luminaires are expected to total 10.7 billion from 2014 through 2023.
"Long term, it's possible that LEDs could trigger a fundamental change in the way lighting is
provided to commercial spaces," says Jesse Foote, senior research analyst with Navigant Research.
"The traditional lamp/luminaire model could be replaced by products that integrate the two, and
even the concept of providing light through fixtures in the ceiling could shift, as flat and flexible
LEDs allow for more creative designs that can be incorporated into other building materials and
placed in nontraditional locations."
LED use in commercial applications is expected to be most apparent in retrofit projects, where older
lighting is often replaced specifically to improve efficiency, according to the report. Although
research indicates that only 15 percent of lamps sold to retrofit projects worldwide in 2014 were
LED-based, that share is expected to grow to nearly 74 percent by 2023, potentially eliminating
inefficient technologies like incandescent and halogen.

2. The report, "Energy Efficient Lighting for Commercial Markets," analyzes the global market for
lighting in commercial led desk modern desk lamp lamp amazon buildings. It provides an analysis of
the market issues, including drivers and trends, barriers, cost issues, and technological
developments, associated with lamps and luminaires intended for the commercial market. Global
market forecasts for unit sales and revenue, segmented by region, building type, lamp type, lamp
style, construction type, and integration status, extend through 2023. The report also examines the
key standards and regional influences related to lighting technologies in commercial buildings and
profiles a range of industry players. An Executive Summary of the report is available for free
download on the Navigant Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides market research and
benchmarking services for rapidly changing and often highly regulated industries. In the energy
sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology
markets. The team's research methodology combines supply-side industry analysis, end-user primary
research and demand assessment, and deep examination of technology trends to provide a
comprehensive view of the Smart Energy, Smart Utilities, Smart Transportation, and Smart
Buildings sectors. Additional information about Navigant Research can be found at
www.navigantresearch.com.
About Navigant
Navigant is a specialized, global professional services firm dedicated to assisting clients in creating
and protecting value in the face of critical business risks and opportunities. Through senior level
engagement with clients, Navigant professionals deliver expert and advisory work through
implementation and business process management services. The firm combines deep technical
expertise in Disputes and Investigations, Economics, Financial Advisory and Management
Consulting, with business pragmatism to address clients' needs in highly regulated industries,
including Construction, Energy, Financial Services and Healthcare. More information about
Navigant can be found at navigant.com.

3. * The information contained in this press release concerning the report, "Energy Efficient Lighting
for Commercial Markets," is a summary and reflects Navigant Research's current expectations
based on market data and trend analysis. Market predictions and expectations are inherently
uncertain and actual results may differ materially from those contained in this press release or the
report. Please refer to the full report for a complete understanding of the assumptions underlying
the report's conclusions and the methodologies used to create the report. Neither Navigant
Research nor Navigant undertakes any obligation to update any of the information contained in this
press release or the report.
Navigant Research
Richard Martin, +1-303-493-5483
richard.martin@navigant.com
or
Megan Maupin, +1-312-583-5703
megan.maupin@navigant.com