Strategies Unlimited Market Intelligence
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Horticultural SSL market shows potential for long-term growth
Strategies Unlimited has forecasted that the horticultural lighting market will grow more than 180% in the next five years, with LED-based products comprising the majority of this growth. Although energy efficiency continues to motivate the adoption of LED technologies, other benefits - including their low heat generation and controllability - will accelerate acceptance into the growing horticulture market. Learn more in the Strategies Unlimited report "Horticultural Lighting: Market Analysis & Forecast 2018."
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SSL luminaire forecast portends the penetration of connected lighting
In research focused on the global market for LED luminaires, Strategies Unlimited takes a close look at scenarios where applications and markets will adopt smart and connected lighting and the IoT. While the projected penetration rates are relatively low, the percentages are still part of a very large global luminaires market. Moreover, once connected, smart lighting opens other revenue opportunity for SSL manufacturers.
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Custom research delivers actionable insights for business strategy
While LEDs are pervading most lighting applications today, the actual market penetration remains low, meaning great potential for success looms for companies that take the correct steps forward. Custom research from Strategies Unlimited can guide optimal market entry, assist with establishing partnerships, and validate technology concepts.
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