The latest bus-based lighting control products not only offer a reduced operating cost through energy efficiency gains and maintenance costs but also the actual cost of controls hardware is changing through the elimination of certain system components. This is just one of the findings from our recent report into the global market for Lighting Controls – http://memoori.com/portfolio/smart-buildings-the-lighting-controls-business-2015-to-2020/ The change in all of these values alters the market dynamics by reducing the potential overall hardware revenues for the same volume while opening an opportunity to deliver higher value services to their customers. Which will in turn create more demand. This means that bus-based lighting controls can now deliver more for less. The rapid growth in the installation of LED lighting has opened up new opportunities for IP based controls and as the price of LED lighting has fallen significantly in the last five years demand for better and more functional control systems has also expanded. There […]