“Since introducing our first reports in 2013, we added a smart lighting focus, as 77% of the products we track are dimmable, 59% offer motion sensors and 49% now offer network/controls options, representing a 100%+ increase in the last 12 months,” according to Mike Gagnon, President of Alumage Advisors.
“With LED lighting manufacturers, their component suppliers and channel partners already subscribing to our database services, Alumage now offers a free version, assisting facilities managers, building owners, etc. to simplify their vendor selection process, for C&I luminaires, ranging from high bay to architectural and hazardous applications,” Gagnon went on to say.
Alumage expects the C&I market for high lumen products to increase to $11-14B by 2020, with smart lighting offering a more compelling value proposition versus fluorescents. Gagnon added, “with energy efficiency mandates such as Title 24, the emergence of IIoT, and organizations such as the Connected Lighting Alliance promoting the market, we expect smart lighting products to dominate the C&I landscape.”
For end-users requesting the free version of the Smart Lighting Report, email email@example.com.
To learn more about Alumage Advisors’ services and reports, please refer to http://ift.tt/1FAAqTd.
About Alumage Advisors:
Alumage Advisors delivers growth strategies and $2-50M “Big Deals” for F1000 companies and technology start-ups serving the C&I LED lighting space. With offices in Boston, San Jose and Shenzhen, Alumage has executed $1.2B in deals and advised companies worldwide.
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