LEDs Brighten Future of Commercial and Residential Lighting Industries

New York, March 25 — Environmentally friendly and longer lasting than filament bulbs, LEDs are slowly emerging as the popular alternative for everything from recessed great room lighting to traffic signals and billboards, according to Commercial Lighting in the U.S. and Residential Lighting in the U.S., two new reports from market research publisher Specialists in Business Information (SBI), a division of MarketResearch.com.

SBI projects that the popularity of LEDs and other lighting alternatives, including fiber optics and compact fluorescents, will help to drive sales in both the commercial and residential lighting markets well past the $5 billion mark by 2010. Not surprisingly, the booming construction and remodeling industries are fueling much of this growth, especially in the commercial and industrial market which experienced a period of decline during 2002 and 2003.

Efforts by manufacturers to integrate environmentally safe and energy efficient fixtures with innovative designs and functional benefits has played well into the new found sense of style emanating from home owners and do-it-yourselfers in the residential market, and general and electrical contractors in the commercial market, where these features are witnessing an ever-increasing role in the success of commercial properties.

“Certainly the Energy Policy Act of 2005 is going to have a major impact in the commercial sector as building owners are incentivized by the tax reductions they’ll receive for energy efficiency,” said Cara Morrison, associate editor for SBI. “Likewise, with the escalating costs of energy on the residential side, we expect healthy market growth as consumers replace outdated fixtures with energy efficient and alternative lighting sources to reduce their monthly energy spending.”

Containing comprehensive data on U.S. shipments, imports and exports, end-use markets, purchaser demographics, and the competitive environment, both Commercial Lighting in the U.S. and Residential Lighting in the U.S. identify key issues, regulations, and trends affecting the marketplace, and profile major manufacturer and retailer strategies used to maximize growth and profitability. Priced at $3,000, each report can be purchased directly from SBI by clicking: http://www.sbireports.com/pub/1209585.html for commercial or http://www.sbireports.com/pub/1209584.html for residential. Both are also available at MarketResearch.com.

About Specialists in Business Information
Specialists in Business Information (SBI), a division of MarketResearch.com, publishes research reports in the industrial, construction, materials, and consumer goods markets. For more information visit http://www.sbireports.com, or contact Tom Ehart at 240-747-3014, or tehart@marketresearch.com.