Since electrical lighting was invented some 130 years, the incandescent lighting bulb has evolved at a very slow rate. It is still the main source of light across the world, despite the fact that LEDs appeared on the scene in the early 1960’s and now deliver a much lower energy consumption, longer life, smaller size and faster switching light. However LEDs are now rapidly replacing other light sources and are expected to take a 75% share of the lighting market within the next 9 years. This is a remarkable achievement for lighting, but it does not stop there for its future is inextricably linked with bringing intelligence into buildings. Memoori’s latest report on The Lighting Controls Business – 2015 to 2020 builds its analysis on the fact that LED Lighting and its control network could provide the platform for many of the Building Automation Services (BAS) that are installed in Smart Buildings. The logic is […]