Energy Savings Draw Consumers to Energy-Efficient Lighting Systems, Finds Frost & Sullivan

Energy Savings Draw Consumers to Energy- Efficient Lighting Systems, Finds Frost & Sullivan PR Newswire MOUNTAIN VIEW, California, July 19, 2012 - Favorable legislation and volatile energy prices encourage conscientious lighting technology purchases MOUNTAIN VIEW, California, July 19, 2012 /PRNewswire/ -- The rising environmental consciousness of end users as well as new energy-efficiency requirements have opened up a large market for energy-efficient lighting equipment in North America. Consumers are eager to not only adopt products that have the least impact on the environment, but also reduce energy consumption. As lighting accounts for more than 20 percent of primary energy use in commercial buildings in the United States, there is an urgent need to upgrade existing lighting systems. New analysis from Frost & Sullivan's (http://www.buildingtechnologies.frost.com) Analysis of the North American Lighting Equipment Market finds that the market earned revenues of $17.3 billion in 2011 and estimates this to reach $20.8 billion in 2016. If you are interested in more information on this research, please send an email to Britni Myers, Corporate Communications, at britni.myers@frost.com, with your full name, company name, job title, telephone number, company email address, company web site, city, state and country. "Uncertainty around energy prices has led to reevaluations of energy consumption," said Frost & Sullivan Industry Analyst Alejandra Lozano.