Lighting Industry

Here is a quick summary of 7 acquisitions and one restructuring in the third quarter of 2024:  LG acquires Athom smart home platform. Details here. Varaluz reorganizes in Chapter 11. Details here. Panzeri Group (Italy) acquires Luxxbox, acoustic lighting maker. Details here. Sage Publications acquires LD+A magazine from IES. Details here. First Brands Group acquires [...]

Wireless portable lamps are becoming increasingly popular, offering flexibility and convenience in home lighting. These battery-operated lamps eliminate the hassle of cords, making them ideal for various settings, both indoors and outdoors. Examples: Visual Comfort & Co.: They have expanded their offering to include nearly 20 rechargeable lamp designs, showcasing diverse materials and styles. Their [...]

Samsung Electronics has recently announced its plan to gradually end LED lighting production by 2030. Samsung’s LED business has primarily been divided into illumination devices, TVs, and automotive. First, the company will end production of LED chips for illumination devices by first half of 2026. The TV LED lighting business will wind down by the [...]

According to Reuters, the International Longshoremen Association have announced a decision by workers to strike at East Coast and Gulf Coast ports, from Maine to Texas. These ports represent about half of all goods imported into the US via ocean shipping. While the majority of lighting industry imports come from Asia through unaffected West Coast [...]

While basic ERP and CRM systems have been around a long time, there are more and more software programs designed specifically for the lighting and electrical markets. Here’s a look at some that I’ve been hearing about and some that I’ve researched online. This is not intended as endorsements for any of them, but rather [...]

The Design Lights Consortium (DLC) has announced changes are coming to the technical requirements for two of its programs. DLC technical requirements are mandated by up to 80% of prescriptive commercial lighting rebate programs, making them critical for manufacturer products to qualify for most rebates. SSL V5.2 & V6.0 The DLC has announced two phases [...]

Residential Game Over Socket saturation for residential lighting is guaranteed. The DOE already has a 45 lpW requirement currently in effect for General Service Lamps (GSL), which has effectively banned most halogen. DOE also has finalized standards that will increase GSL efficacies up to roughly 120 lpW (varies slightly based on lumen output), over the [...]

The US facility management industry was estimated at $2.1 Trillion in 2023, and is projected to reach $3.5 Trillion by 2030. The industry is changing fast and is faced with four large challenges: sustainability & resilience, smart building technologies, advanced materials, construction methods, & equipment, and addressing talent shortages. Reducing the environmental impact of facilities [...]

Last month, the National Electrical Manufacturers Representative Association (NEMRA) published their Manufacturer of the Future Report. Channel Marketing Group conducted research, interviewing over 30 manufacturers for their input into major trends impacting manufacturers. Four primary areas of inquiry were: Consolidation throughout the ED channel and its impacts (distributor, rep, & manufacturer M&A) Increasing operational efficiency [...]