Lighting technology upgrades in the commercial market focus on conversion of the ubiquitous linear fluorescent troffers to linear versions of solid-state lighting in the form of tubular light-emitting diode (TLED) replacement lamps.
A new report from Navigant Research examines the commercial market for TLEDs, providing global market forecasts for shipments and revenue, segmented by offering type, building type, and region, through 2027. According its research, Navigant forecasts a 7.6% compound annual growth rate for global TLED shipments from 2018 to 2027.
Navigant found that the TLED market is experiencing substantial growth thanks to declining prices, a desire to decrease energy consumption, and building codes and standards that require more efficient lighting solutions.
“Price declines and utility incentives have made the initial cost of TLEDs more comparable to that of fluorescent tubes while the above-mentioned benefits have helped justify the higher price point,” says Krystal Maxwell, senior research analyst at Navigant Research, in a release. “They provide a more attractive upfront cost than LED luminaires, as well as increased flexibility and ease of installation, which is helping to drive the TLED market.”
According to the report, the form factor of a fluorescent tube provides familiarity to building owners, managers, and tenants and provides a more efficient plug-and-play alternative, depending on the type of lamp. TLEDs also provide quicker retrofit solutions than a retrofit kit or LED luminaire, which incorporates the retrofit of the fixture with a new fixture and integrated light source.
The report, Tubular LEDs, examines the global commercial TLED market, covering Types A, B, A/B, and C. The study provides an analysis of the market issues, including drivers and barriers to adoption, with a focus on how TLEDs compare with LED luminaires. Global market forecasts for shipments and revenue, segmented by offering type, building type, and region, extend through 2027. The report also examines the different offering types and the competitive landscape related to TLEDs in the commercial sector. An executive summary of the report is available for free download on the Navigant Research website.