A new report titled “Intelligent Lighting Controls for Commercial Buildings” provides a global analysis of market opportunities in commercial applications for lighting controls. The study includes new construction and retrofits solutions.

According to the report published recently in WSJ.com, we can expect a dramatic rise worldwide in companies choosing to invest in networked lighting controls and LED lighting by 2020. The report from Navigant Research cited in WSJ.com estimates an increase from $1.7 billion annually in 2013 to more than $5.3 billion by 2020.

Contact IBEX Tech to learn more on how you can lower your energy costs through the use of lighting controls and LED lighting,