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Worldwide Intelligent Lighting Controls Market to Surpass $4.3 Billion by 2020, Forecasts Pike Research

Lighting accounts for about 25% of the commercial building sector's energy use. Lighting controls offer significant potential for reducing that energy use, and new technologies that have emerged in recent years have enabled a wide range of innovative strategies, from room-level awareness of occupancy and daylight sensing to building-wide coordination of a fully networked system. According to a new report from Pike Research www.pikeresearch.com the global market for intelligent lighting controls will enjoy steady and robust growth over the rest of this decade, rising from $1.5 billion in 2012 to more than $4.3 billion in 2020.

6/28 BUSINESS WIRE