Industry Facts & Figures
Global LED Lighting Market $114B In 2020
LED lighting market to reach a compound annual growth rate of 45% between 2011-2016 and 15% between 2016-2020.
Increased Market Share
By 2020 largest growth markets in Architectural (88%), Hospitality (81%), Outdoor (74%) and Residential (73%).
LEDs Continue To Become More Efficient
LEDs now exceed 275 lumen per watt (a measure of light output and efficiency).
Lower Prices Drive Adoption
LED lamp prices expected to drop to $10 per 1000 lumens in 2015 and then down to $5 per 1000 lumens by 2020.
Ban On Inefficient Lighting Creates Growth
U.S. Government has already phased out the 100W and 75W incandescent bulb with 40W and 60W in 2014.
LED Lights Save Billions In Energy Costs
Switching to LED lighting by 2020 could save $250B in energy costs and reduce electricity consumption for lighting by 50%.
Product / Service Offerings
LED Source offers a wide-range of LED lighting products from leading manufacturers such as MaxLite, Halco and Green Creative.
Today there is an LED lamp solution for 98% of the traditional bulbs on the market.
On average when compared to incandescent bulbs, LED lamps save 85% in energy and 40-50% when compared to fluorescent. LED lamps also last from 10-50 times longer than traditional light bulbs.
Typical high-wattage applications now offer an LED fixture alternative.
Traditional fixtures such as High Bay, LowBay, Troffers, Canopy, Roadway, Area and Site have an LED alternative. Many fixtures are rated for 100,000+ hours and can be used in harsh environments.
LED Lighting Solutions
We are a full-service LED lighting solutions provider specializing in retrofit and new construction commercial applications.
LED Lighting Solutions
At LED Source, we don't just sell LED lights. We provide a wide range of services including support, design, project management, product development and project financing with LouMan Money.
The LED Source® business model focuses on providing state-of-the-art LED lighting products and design solutions to commercial businesses.
We handle the complete design process with our own in-house lighting engineering team. We secure distribution agreements with leading manufacturers like MaxLite, Halco and Green Creative, and through our relationships, are able to provide competitive prices for superior LED lighting products.
We are not a retail business. However, every LED Source® franchise is required to have a professional office space to conduct meetings and product demonstrations.
Each franchise will have a sales team of 2-3 people and an office administrator. Cold calling, attending networking events, following a sales process, developing strong community relationships, managing business expenses and overseeing a professional sales staff are standard operations with an LED Source® franchise.
"LED Source did an amazing job. From design to project management, they are true professionals." - Larry Lubeck, Jones Lang LaSalle
Every business can benefit from making the switch to LED lighting. Opportunities range from retail stores, restaurants, hotels, offices, warehouses, to even bridges or skyscrapers. LED lighting can enhance any environment and provide immediate savings.
How We Are Different
With reasonable start up costs, extensive training and on going support, LED Source® is not only a leader in the industry, but a leader with its franchise systems.
Extensive self-paced training with LouMan U
We have created a comprehensive online training program for our franchisees that harnesses the power of our Online University.
Training for the entire sales team
On-going training and support in both LED lighting and sales processes.
In-house lighting application engineering team
We take the guess work out of ensuring the right product is used for the right application.
Unmatched manufacturer relationships
Our strong relationships with major manufacturers ensure the highest quality LED products backed by industry leading warranties.
In-house financing program with LouMan Money®
Available exclusively to our franchisees, LouMan Money® offers 100% financing for retrofit or new construction projects.