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LEDs will account for 52% of commercial lighting by 2021
New York City -- A new report from Pike Research forecasts that LEDs will capture 52% of the commercial lighting market by 2021. Pike, a cleantech market intelligence firm, anticipates that LED lighting costs for various SSL products will be reduced by 80% to 90% in many cases during the next decade.
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Starbucks’ Times Square location lights up with LEDs
New York City -- Solid-state lighting figures prominently in Starbucks’ newly renovated Time Square flagship in New York City. The retailer utilized the services of Focus Lighting, a New York-based architectural lighting design firm, which called upon LED Source, an international supplier of LED lighting.
“LEDs are the most energy-efficient lighting solution on the market,” said Joe Zamore, VP of business development, LED Source, Wellington, Fla., which specializes specializes in full-scale evaluations and retrofits.