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It's that time of year again, when we round up the last twelve months and begin to look forward to the new year ahead. So what stands out from 2024 in our world, and what's on the horizon?
According to
AMA Research, by 2028 the overall UK lighting market will be worth around £2.3 billion, an annual Compound Growth Rate of 2.8% compared to the estimated market size this year. Apparently lighting currently accounts for an estimated 12% of annual UK electricity consumption. Thanks to the widespread use of LED light and the smart connected systems they help enable, that might drop 'significantly' to around 8%, driving big energy savings and lowering the nation's CO2 emissions.
The construction industry is an important driver for lighting products because they build new buildings and retrofit existing buildings. LED lighting is estimated to account for 72% of all UK lighting products and systems bought through 2024. Government legislation around greener, cleaner energy and lower emissions is forecast to increase the number to around 85% by the year 2030.
In the meantime it looks like demand for LED lighting will keep on growing and will also become even more competitive as more manufacturers join the LED revolution, the tech matures and performance carries on improving. LED lighting products will become more affordable for domestic, commercial and industrial settings, and the market will carry on evolving.
We can help you stay cool, create the light levels you need, and save money on electricity with our brilliant LED lighting units, with a variety of excellent-value LED lighting models designed for specific circumstances.
Checkatrade says electric heating systems are growing in popularity with UK homeowners. Again it's no surprise thanks to the shocking rise in energy prices the country has been suffering for some years and the clear need to emit less greenhouse gases at home and at work. Increasing solar panel adoption is also helping drive greater take-up of electric heating systems since solar tech provides the energy to run today's clean, greener all-electric heating.
If you'd like to take advantage of an incredibly controllable heating system so efficient you'll immediately notice the effect on your bills and comfort levels, we'll be delighted to discuss the many exciting, stylish options with you, whether it's for business or your home.
Funds Magazine says evaporative cooling is enjoying a boom because of the fast-growing, fast-developing trend for smart homes and smart commercial buildings, a major driver for the smart cooling system market.
Domestic, commercial and industrial settings are increasingly adopting smart cooling solutions, which themselves are being designed to integrate with other smart devices and systems to deliver even more efficient energy management. Because the world's governments are busy bringing in suites of new regulations and incentives to create better energy efficiency and slash greenhouse gas emissions, the adoption of smart cooling systems is also set to increase over the foreseeable future.
Inkwood Research predicts the UK's evaporative cooler market will grow 4.57% by 2032, currently seeing a surge because of booming demand for cost-effective cooling in a warming climate. The desire to be as sustainable as possible in business premises and at home is pushing demand higher for this efficient, economical cooling tech.
These systems not only cool things down, they also improve air quality and slash the environmental impact of staying comfortable compared to traditional air conditioning units, which eat up large amounts of energy. In commercial settings evaporative cooling tech plays an increasingly important role in maintaining low-cost comfort in offices and shops, hotels, factories and every other setting where cutting down operational costs and reducing environmental impacts matters.
Would you like to explore the fascinating subject of evaporative cooling for your premises? Again, we're always happy to pitch in with sensible expert advice without the hard sell.
Here's to a fantastic new year to all of our current customers - and to those of you who'll be coming our way throughout 2025.
Together we can make energy work harder.