A previous LightNOW post discussed the shift of offices from downtowns to suburbs, a significant reduction in downtown office occupancy, and the conversion of office buildings to residential use. There is another significant trend in office spaces. 39% of prospective office tenants report they either already use co-working spaces or are considering using co-working space solutions for their employees.
Construction + Economy
Construction + Economy, Lighting Industry
Lighting Industry Grew High Single Digits In Q3 But Will Slow To Low Single Digit Growth
Channel Marketing Group’s Q3 Pulse of Lighting survey was completed by 200 distributors, manufacturers, reps, and lighting agents.
City Downtowns Evolving Away From Office Use….What’s Next?
The pandemic has changed office work in many ways. Companies that are creating new offices are doing so predominantly in suburbs now, rather than downtowns. Many companies and industries have accepted hybrid and remote work arrangements, dramatically reducing the need for office space altogether.
Construction + Economy, Energy + Environment
Clean Energy Technologies Expected To Create Copper Shortages
Recent climate action is going to increase clean energy technology deployment that will significantly increase copper demand.
Construction + Economy, Controls
Big Activity With U.S. Computer Chip Manufacturing
Many LED drivers, luminaire controllers, and lighting control systems rely on computer chips. The COVID-19 pandemic created major disruptions to the global computer chip supply, affecting everything from cars to computers to all types of consumer electronic products.
Construction + Economy, Lighting Industry
Product Monday: Award-Winning PC Amber & Narrow Band Amber Street Lights
I’ve written before about the mounting scientific evidence of a dramatic global collapse in insect and bird populations due to white LED streetlights. I predict, over time, a return to amber streetlighting, but this time instead of HPS & LPS, it will be amber LED sources. This trend has already begun with several different manufacturers [...]
Construction + Economy, Lighting Industry
‘Big Plumbing’ Muscling Into Lighting
For the past two decades, thought leaders in the lighting industry have been publicly lamenting that the lighting industry will be gobbled up by the electronics industry, Silicon Valley tech giants, and the big telecoms. 20 years into the LED era for general lighting, and this still has not come to pass.
Construction + Economy, Lighting Industry
Chinese Trade Rebounds In May With Eased COVID Restrictions
China’s trade growth rebounded in May after COVID restrictions that shut down Shanghai and other industrial centers began to ease.
Construction + Economy, Legislation + Regulation
Distributors Report Infrastructure Law Funds Flowing
A recent survey by Electrical Wholesaling of the Top 150 electrical distributor chains, revealed that Infrastructure Law funds are beginning to be spent in the electrical market.
Construction + Economy, Light + Health
Hospital Lighting Market Projected To Surge
A recent LD+A article discusses the significant growth projected in the hospital lighting market. Research and Markets unveiled in their Hospital Lighting-Global Market Trajectory and Analytics report that the global market is expected to reach $8.5 billion by 2027,
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