LED lighting is increasingly being used in a number of different guises throughout the world as people are becoming more aware of their energy efficiency.
Not long ago, the illuminations were thought to be too costly for consumers and commercial buildings alike, but they are being seen in homes and warehouses more often.
This may have something to do with the fact that authorities in the EU and US are attempting to phase out the use of traditional incandescent bulbs in a big to reduce the carbon footprint in their jurisdiction.
Companies are also noticing the money that can be saved in the long run on their energy bills when compared to other illuminations.
Indeed, one such instance is that of Atlas Box - a manufacturer of protective packaging for electronics and heavy equipment - which embarked on a plan to reduce its energy consumption by 55 per cent in two years by using LED ceiling light fittings.
Global process engineer at the firm told Green Biz that anything it can do to manage and control energy costs helps to give a competitive edge.
He added that the company had considered making energy saving changes to other parts of the business but realised lights were the way to go: "We were wrong, lights use more and gave us the opportunity to target something right away."
While they are still expensive to install, more companies are noting that energy efficiency retrofits can produce large savings for commercial building owners as the lights are used all the time.
The increase in education about the energy saving nature of LED bulbs is set to have a large impact on the global lighting market in the next three years, according to recent research.
Indeed, Reportlinker recently projected that the market will be worth $78.3 billion (£49.6 billion) in just three years' time.
This would represent a 12.3 per cent rise and the report noted that the use of LEDs will be a major part of this increase.
