BIS Research - Emerging Technology Market Intelligence

Lighting as a Service Attracting Consumers across Different Sectors

Nov 10, 2017 4:33:27 AM / by BIS Research posted in Outdoor Lighting as a Service Market, Commercial Lighting as a Service Market, Electronics & Semiconductor, Lighting as Service Market Size, Global Lighting as Service Industry Analysis, Global Lighting as Service Market, Global Lighting as Service Market Forecast, Global lighting as a service (LAAS) market, Global Lighting as a Service Market, Global Lighting as a Service Market report, Global Lighting as Service Market Analysis, Global Lighting as Service Market Analysis and For, Global lighting market, Industrial Lighting as a Service Market, Laas Market, Lighting as a Service Market, Lighting as Service market report, Lighting as Service Market Share, Lighting as Service Market trends, Lighting as Service research report

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At present efficiency and cost-effectiveness have gained the utmost prominence across the globe, as many people are opting for service providers instead of investing a large amount in incorporating a system. In the lighting industry, LED lights have gathered substantial importance as they are cost-effective as well as efficient in reducing energy consumption, which subsequently helps in reducing the harmful effects of electricity plants on the environment. With the advancements in the LED lighting products, the capital required to install such lighting systems have increased substantially. Hence, the manufacturers and service providers have introduced and developed a new financial structure known as Lighting as a Service (LAAS).

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