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Survey Shows LED Installations Surpassing Fluorescents for the First Time in 2014
Lighting professionals expect to install more LED than fluorescent fixtures over the coming year, the first time this has happened, according to the 4th annual lighting survey by energy-efficient lighting manufacturer Precision-Paragon (P2), an energy-efficient lighting specialist that’s part of Hubbell Lighting. When asked in the survey what is the dominant lighting technology they expect to install in 2014, 49% of respondents selected LED and 46% indicated fluorescent. In last year’s survey, 26% of respondents selected LED and 68% indicated fluorescent as the dominant lighting technology they expected to install in 2013.
Conducted annually since 2010, this year’s survey was distributed in December to over 5,000 energy-efficient lighting industry professionals. The survey’s topics covered the industry’s performance in the past year, as well as expectations for 2014.
“Our industry has seen steady growth in LED lighting performance and sales in recent years,” said Joe Martin, P2 vice president and general manager. “Picking the right technology is an important part of any lighting retrofit, and LED technology has advanced to the point that it can compete with fluorescent lighting in many applications.”
Survey respondents indicated that in 2013, LEDs accounted for 37% of the fixtures they installed. That’s up from 27% in 2012, and 13% in 2011.
Overall, the survey respondents reported a positive outlook for the energy-efficient lighting industry. Sixty-four percent indicated that they had experienced either modest or substantial growth in 2013, and 82% expect the overall energy-efficient lighting industry to experience growth in 2014.
“Our respondents have reported growth every year since we started conducting our annual lighting survey,” said Martin. “Our customers are out there saving businesses money, and improving their lighting. It’s no surprise that they’re experiencing continued growth.”