A recent report on energy efficient warehouses Energy Efficient Warehouses Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023 projected growth in this relatively new sector over the coming years.
Benefits of energy efficient warehouses, the report said, include cutting down on climate impact, reducing operational costs, making buildings more sustainable through better management of energy. These buildings provide better inventory management and QA testing. Heating and lighting are predicted to be major uses of energy efficient warehouses, with the potential for 50% savings on lighting through new fixtures and controls.
New technologies make it possible to be more efficient with heating, cooling, refrigeration systems, allowing for more productivity in an environment that is both comfortable and more profitable.
Occupancy sensors, advanced metal halides, and radiant heating can be used in these new warehouses. This market is expected to expand rapidly not just in the US, but in the Asia Pacific region. China and India, which are in the middle of accelerated growth, is one of the factors driving demand for warehouses that are both energy efficient and economically profitable, given the large need for the facilities. The market of energy efficient warehouses is predicted to be driven by a number of factors, including:
- Public subsidy
- Private capital
- Product necessity
- Leverage of public funds
Efficient utilization of public subsidy is a method to cut down on the cost of capital, therefore growing economies of scale as a greater number of loans are sold into the warehouse, per the report. Fluorescent fixtures that are getting on in years have energy standards for their magnetic control ballasts that is expected to consume 5 to 20% of energy. One of the essential solutions to increase energy efficiency in warehouses will be replacing typical fluorescent lighting with contemporary warehouse lighting systems. This will also have positive impacts on safety and productivity, thanks to a more even lighting distribution, the report said.