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Hazardous area LED lighting helps shipments to 4bn mark

Hazardous area LED lighting helps shipments to 4bn mark

This entry was posted in Product Feature on by .

Hazardous area LED lighting is part of a rapidly growing market for the efficient luminaires, with total unit shipments forecasted to reach and surpass the 4.1 billion mark annually by 2024.

A report from Navigant Research, a specialist in analysing energy-related markets, explains the three driving forces behind the ongoing uptake of LED lighting.

They include the energy efficiency of the luminaires themselves, as well as the ease with which they can be controlled, and their performance in extreme conditions.

“Early adopters were attracted by some of the unique features of LED lighting, such as improved efficiency, improved operation in cold environments, and enhanced controllability,” said Navigant’s senior research analyst Jesse Foote.

More recently, energy cost savings compared with the purchase price – a direct return on investment calculation – have come to the fore as the major factor in accelerating the market.

But hazardous area LED lighting still offers those technical advantages, such as remote controllability, and the ability to continue to function even in extreme conditions.

With applications across residential, commercial and industrial settings, the market seems set to keep growing beyond the 4 billion unit mark during the coming decade.

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Hazardous area LED lighting helps shipments to 4bn mark