Global Lighting as a Service Market to 2025 - Key Projects, Developments, Trends & Strategies

The Energy Independence and Security Act (EISA) passed in 2007 led to a major change in the lighting industry as it replaced the outdated inefficient lighting technology. LED lighting has become necessary to meet the new standards of EISA's energy standards. The adoption of LED lighting systems led to reduced energy costs and significant improvements in performance.

The Energy Independence and Security Act (EISA) passed in 2007 led to a major change in the lighting industry as it replaced the outdated inefficient lighting technology. LED lighting has become necessary to meet the new standards of EISA's energy standards. The adoption of LED lighting systems led to reduced energy costs and significant improvements in performance.

However, installation of LED based lighting system require high up front cost, which led to development of new financial structures such as Lighting as a Service (LAAS). These new financial structures have helped both public and private sector companies capitalize on continuous innovations that are taking place in the LED industry.

In the Lighting as a Service (LAAS) model, customers pay a monthly fee for lighting service instead of upgrading the LED lighting on their own. The customers sign a lease with the service provider and the service provider installs, maintains and manages the lighting for the term of the contract.

The LAAS market is expected to grow at an astounding rate during the forecast period 2017-2025. This report provides a detailed analysis of the recent trends influencing the market, along with a comprehensive study of the future trends and developments. It also includes a competitive analysis of the leading players in the industry.

Key Topics Covered:

Executive Summary

1. Report Scope & Methodology

2. Market Dynamics

3. Competitive Insights

4. Lighting as a Service Market

5. Lighting as a Service Market by Components

6. Lighting as a Service Market by Applications

7. Lighting as a Service Market by Region

8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/nrr6zd/global_lighting

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