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$IVST Sacramento, CA, May 10, 2018 The report provides an overview of Innovest Global, Inc., its subsidiaries, financials, industry analysis and more. The content also covers the global outlook for commercial energy and LED lighting markets.

Technavio: Global Industrial Energy Efficiency Services Market To Exceed $10 Billion By 2020

Energy efficiency continues to see a global push, as cost cutting and reducing environmental impact drive demand and awareness. A surprising portion of the world still relies on old and outdated energy systems, which is both cost-ineffective and wasteful of energy resources. As a result, the energy efficiency services market is forecast to see stable growth over the next several years.

According to Technavio market research, the global industrial energy efficiency services market is forecast to be valued around $10.18 billion by 2020, which represents a compound annual growth rate (CAGR) of 6%.

According to Renub Research, the global LED lighting market is estimated to be worth $100 billion by the end of 2024. The market research firm sees the vast global growth primarily stemming from exponential global urbanization and greater awareness to energy efficiency systems.

According to MarketsAndMarkets, the global LED lighting market is estimated to be worth $92.40 billion by 2022, which represents a compound annual growth rate (CAGR) of 13.66%. The market research firm sees the growth being driven by increasing demand for energy efficiency products, LED costs are falling, and overall greater adoption of the technology as a general lighting source.

In PwC’s “2017 Power and Utilities Trend” report, analysts concluded that a vast majority of the growth will come from a “blueprint for a service-based model.” This would include: emerging technologies, monitoring equipment, sensors, energy management technology, and more.

Innovest Reports Record Monthly Revenue of $326K, Energy Division Annual Revenue Run Rate of $4 Million

Innovest Global recently released a May shareholder update, which announced the company reported record monthly revenues of $326,000 in April. The revenues primarily came from Innovest’s Commercial & Industrial Energy division. As a result of the successful developments, the Energy division now has an annual revenue run rate of $4 million.

https://finance.yahoo.com/news/innovest-global-ripe-short-squeeze-110000996.html