Study: U.S. Demand for Advanced Lighting to Grow More Than 10% Per Year Through 2013 | LightNOW

CFLs are expected to enjoy the fastest demand growth through 2013 due to legislation targeting household incandescent lamps. Demand for CFLs will surge more than 20% annually through 2013 as consumers transition to the new technology. Nearly one-half of additional advanced lighting demand generated between 2008 and 2013 will be accounted for by CFLs.

LEDs are also forecast to experience robust growth through 2013, benefiting from greater demand in consumer electronics, motor vehicles and nonresidential buildings. Falling prices, increases in light output and improvements in energy efficiency will make LEDs more competitive with conventional lighting products over the forecast period. LEDs will be the fastest growing advanced lighting product through 2018, when demand is expected to approach $3 billion.

via Study: U.S. Demand for Advanced Lighting to Grow More Than 10% Per Year Through 2013 | LightNOW.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: