LED lighting has long been hailed as the lighting technology of the future, but the future is growing ever closer. More and more people are taking the leap to LED, and the industry shows no signs of slowing down.
LED Lighting Trends Prove This Lighting Solution Is Not Going Away
The LED market has continued to grow every year, and according to a Growth, Trends, and Forecast (2019-2024) report from Research and Markets, “The LED lighting market is expected to register a CAGR of over 14%” between the years of 2019 and 2024. CAGR basically stands for the return on investment someone can expect for a given product or investment. At PCS Energy, we see this steady growth as a direct connection to the rise in the popularity of LED lighting solutions. More and more people have seen the power of LEDs, and the word is spreading.
The advantages of LEDs are undeniable. On average, their standard energy consumption is 75% less than incandescent bulbs. They last up to 25 times longer than incandescent bulbs as well. This longevity is partly thanks to their lower running temperature. As light sources go, LEDs have one of the lowest running temperatures. This lack of heat means that your LED bulbs or strips will last longer and deliver high-quality light throughout their lifecycle. The energy savings companies see with LEDs will be positively paying off on their investment for many years to come.
At PCS Energy, we are committed to providing the most cutting-edge and up-to-date energy solutions available. We are an award-winning LED company and we have the lighting solutions for your facility.
Commercial LED Lighting Presents an Opportunity for Your Business
Many commercial facilities or buildings have around the clock lighting needs for interiors and exteriors. The LED industry is seeing growth in areas like this because LEDs can be left 24 hours a day and still last for 15 to 20 years. Outdoor LED flood lights for parking lots or other exteriors will last for years and offer energy efficiency for your company the entire time. In fact, one of the most substantial areas of growth we’ve seen in LED across the nation is in area lights for stadiums, arenas, and other large outdoor venues.
These facilities depend on first-rate commercial lighting to give visitors and fans a clear view of the action. They need light fixtures that can stand up to the rigors of time and harsh weather year-round. Stadiums and arenas are adopting LED technology for a number of reasons, including:
- Energy Efficiency
These outdoor venues have to worry about their energy bills too. They are capitalizing on the benefits of LED lighting and saving money every month on lighting costs.
- Adjustable Lighting
Dimmable and adjustable lighting is not a new technology, but it has never been easier than with LEDs. You could have the ability to adjust your lighting as needed and at a moment’s notice with the right control systems. - Safety
Many traditional light sources contain substances like mercury, lead, and other dangerous elements. These older lights also produce UV radiation that can affect anyone in the light for long-term periods of time with negative side-effects on their health. LEDs do not contain these substances, and they do not create UV radiation. - Low Emissions
The short life span of traditional light sources contributes to pollution and global warming. The much longer life cycle of LEDs means their production causes less emissions and lower levels of pollution than the alternative. - Low Maintenance
Stadium and arena lights are often in hard to reach places, often on tall structures that reach as high as 60 feet or higher. Even in the best-case scenario, those are dangerous conditions to change a light bulb. LEDs require little to no maintenance once they are in place, and, as we’ve said, they can last as long as 25 years, depending on how long they are running every day.
Industrial LED Lighting Is on the Rise Across the World
There are government initiatives fueling the growth of LED market growth around the globe. In India, the government is aiming to replace 14 million street lights across the country with advanced lighting control systems. The low maintenance costs of LED are convincing countries like China and India to adopt LED technology for roadways and highways to save on energy costs and reduce the time it takes to maintain their infrastructure.
These large scale LED conversions in stadiums and on highways around the world are spreading the word on the benefits of LEDs even further. At PCS Energy, we help companies and facilities of all sizes make the leap to LED lighting systems with custom design and installation services. Reach out to learn how we can help your organization take advantage of commercial LED technology.
For more on the latest trends in LED lighting, contact PCS Energy today.
