This post is one in a series of feature stories on trends shaping advanced energy markets in the U.S. and around the world, drawn from Advanced Energy Now 2017 Market Report, which was prepared for AEE by Navigant Research.
The lighting industry is in the midst of two concurrent upheavals. First, light-emitting diode (LED) lighting is gaining market share rapidly over incumbent technologies, and second, lighting controls systems are making it possible to optimize the use of lighting in more sophisticated ways to save energy and money. Everyone from building owners and managers to lighting designers and installers is facing the challenge of this two-pronged transformation. But this transformation is paving the way for a third: the rise of “lighting as a service” (LaaS).