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In a poll, involving 100 UK energy professionals, "LEDs were the most popular choice for energy professionals to save energy over the last year - and they look set to remain favourites for the next 12 months" according to Energy Live News (ELN). Continue reading
According to recent Market Research, conducted by Allied Market Research (AMR), the LED market will reach $42.7 billion by 2020. The study is called 'Global Light Emitting Diode (LED) Market (Technology, application and Geography), 2013-2020'.
LEDs are the latest when it comes to lighting technology and with their energy efficiency, life expectancy and absence of hazardous chemicals (mercury) they have overtaken Compact Fluorescent (CFL) lighting within the lighting market. Continue reading
According to research, security lighting products have a buyer score of 3.2 out of 5.
In the lead up to 2014, lighting technology has evolved rapidly which has resulted in rising costs of lights.
Despite the rise in product prices, it is still a 'consumers market' in that the products are mostly similar meaning consumers have their pick of companies to buy from with their choice being based on financial cost. There are also varieties of security lights in the market such as motion activated or dusk-to-dawn, which gives buyers extra 'power' in the market.
Business Research Analyst, Anna Son, said: "As buyers have increasingly started investing in upgrading their facilities with more technology advanced lighting fixtures, demand for security lights has picked up, causing prices to follow suit."
Visit SimplyLED for a range of brands (security and non-security) at incredible prices.