A report by Memoori Research to be published next month will examine how LEDs and Wireless technology can converge to create enormous opportunities in smart lighting controls over the next 15 years. LED Lighting in both the new construction and retrofit market initiates the demand to replace incandescent lighting and reduce CO2 emissions. However the latent demand in the retrofit market will only be satisfied when wireless control is installed; because only it can meet the ROI requirements of the building owners. A 3rd driver which is about to kick in is that wireless smart lighting control lays the foundation platform to interface with energy management, life safety, security and a host of other technical services to ensure that buildings are operated efficiently and cost effectively. The combination of these factors will result in a transformation of the wireless lighting business from a bit player to a leading role, at a time when the lighting […]