Panasonic launches LED Luminaires line in ME
The LED Luminaires range offered by Anchor, a Panasonic Group company, brings energy-efficient and sustainable products for the residential, commercial, retail and hospitality markets.
In a press conference during the Middle East Electricity Exhibition, Panasonic Marketing Middle East and Africa (PMMAF) announced the launch of a range of luminaries in the Middle East.
Consisting of 126 energy-efficient LED products from Anchor, a Panasonic Group company, the range is being marketed for the residential, commercial, retail and hospitality markets.
In addition to consuming 90% less power than incandescent bulbs, the LED line boasts a longevity of 300,000 burning hours. The energy-efficient and sustainable products also feature a high colour rending index (CRI) up to 80. CRI is a quantitative measure of a light source’s ability to reveal colours of objects, the scale maxing out at 100.
Tatsuya Kumazawa, director of the Eco Solutions Division of Panasonic Marketing Middle East & Africa, commented, “The consumption of electricity in the MENA region is forecast to grow at a faster pace over the next decade, with investments worth more than $200bn set to be pumped into the region’s power sector by 2020, according to a report.”
Panasonics findings also forecasts LED uptake within the residential segment to remain at 50% in 2016 and to rise over 70% by 2020. The company shared that reports also indicate that the total LED market is expected to grow 5% annually through to 2016, shrinking marginally to 3% growth per year until 2020.
Yoshiyuki Kato, director of the Lighting Business Unit of Anchor Electrical India, commented, “With our new range comprising of LED down lights, base lights and spotlights, we intend to illuminate offices, stores and all types of commercial facilities in the region with better quality lighting products.
“These will not only help address the challenge of energy consumption but would also maintain world-class quality and functioning that Panasonic is renowned for.”