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December 01, 2010 | Jon Guerster

Enterprise LED Lighting: Commercial and Industrial Market Trends, Opportunities & Leading Companies

Since general illumination light emitting diodes (LEDs) were first introduced in 1997, the industry envisioned that LEDs with projected performance increases could someday completely replace traditional lighting systems. Today that possibility is very realistic thanks to the acceleration in LED performance over the past few years and a wave of new commercial, industrial and institutional LED fixtures that have hit the market. The US market for commercial and industrial LED lighting, for example, is forecasted to see $330 million of revenue in 2010, with potential to grow next year at over 30%, surpassing $1 billion in annual revenues by 2014. This growth will come from three emerging trends in the industry:

  • Recent LED chip performance advancements, which allow more cost effective designs for replacing existing lighting systems
  • Newly introduced utility energy efficiency financial incentives for converting to these LED-based systems
  • Increased interest from building owners in applying sustainably-oriented lighting retrofits that save money in operation

Enterprise LED Lighting Adoption Timeline

Note: Click on image above for link to a larger version

Source: Groom Energy

However, as with any emerging technology market, LED products show disparities in sophistication, performance, price and value. This report examines today’s products for these market applications, and produces a summary review of the current market dynamics, its customers, the technology and the leading companies. The study also profiles the top fifty LED fixture manufacturers and ten LED component providers, naming BetaLED, Cree, Lighting Science Group and Philips as LED market leaders for 2011.

For building and sustainability managers, lighting designers, consultants and financial analysts, this report provides a single-source reference guide with insights into current market dynamics, the technology challenges and the decision criteria C&I customers use when buying LED lighting today.

This report is a Groom Energy and GTM Research collaboration

Download the report's brochure for a complete Table of Contents and List of Figures as well as more in-depth information on the report's analysis.

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Report Author

  • Jon Guerster
  • Co-Founder, Groom Energy Solutions
  • contact

Prior to co-founding Groom Energy Solutions, Jonathan was a general partner at Charles River Ventures (CRV), a leading venture capital firm with $1.5 billion under management. At CRV, Jonathan was an active lead investor, advisor or board member for high-profile software and service companies such as BeFree (acquired by ValueClick), eDocs (acquired by Siebel Systems), Vignette (VIGN), Virtusa (VRTU) and Xign Corporation (acquired by JP Morgan Chase).

Before CRV, Jonathan held senior management positions at Open Market, a startup ecommerce software company that went public in 1996. Prior to joining the early Open Market team, Jonathan served in a variety of senior product marketing and sales management roles with Hewlett Packard and J.P. Morgan.

Jonathan holds an MBA from the Kellogg Graduate School of Management at Northwestern University and a Bachelor of Science in Electrical Engineering and Computer Science from Duke University. He is currently a member of Duke’s Pratt School of Engineering Board of Visitors and sits on The Museum of Science, Boston’s Board of Overseers.

Please select a report license you would like to purchase.

Single: $1,495

Enterprise: $2,695

Enterprise licenses are for organizations with multiple research users. Enterprise license customers are permitted to share this report internally, among multiple locations of the organizations, and host the report on an Intranet and make it accessible to employees. The report may not be shared with outside entities.

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value added elements

  • LED market size and price forecasts through 2015 for the U.S.
  • Comprehensive LED technology and application overview.
  • Analysis of industry trends promoting LED adoption.
  • LED's value in reducing energy and maintenance costs.
  • Profiles of top 50 enterprise LED players and top 10 LED component suppliers.
  • Survey of large-scale LED adopters, uncovering reasons for and challenges of LED implementation.

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