Times & Trends: What’s Old is New Again

Lighting as a Service (LaaS) is actually an old concept quite similar to the performance contracts ESCOs have engineered for years.

Lighting as a Service (LaaS) is getting lots of play in lighting circles, with consultants predicting all sorts of massive growth. Navigant Research pegs the market at $35.2 million and says it will grow to $2.6 billion by 2025.

But as with the performance contracts energy service companies (ESCOs) sell, the big question is where distributors fit in. As with other new market opportunities, the answer depends on how much value-add distributors bring to the equation.

With La

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TAGS: Lighting
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