Evluma RoadMax

Lighting Industry

Lighting Industry

The Fast Growing Business Of Holiday Lights Installation

  The holiday light installation industry began with lawn care businesses and local electricians looking to make some extra money installing holiday lights, before the holidays. It’s now becoming a fast growing, mature industry. Existing service businesses that add holiday light services see profit margins from 25-45%, while primary lawn care service profit margin may [...]

Lighting Design, Lighting Industry

Trends In Ceiling Lighting

  By Namrata Naidu, Digital Marketing Team, Comet Lighting Ceiling lighting plays a pivotal role in any architectural or interior design project. It sets the mood, illuminates spaces, and even contributes to a building’s energy efficiency. Ceiling lighting has seen significant advancements, creating a broad range of innovative solutions. This post will examine the latest [...]

Lighting Industry

New Discovery: Visible Light Evaporates Water

  MIT researchers have just demonstrated that temperature is not the only energy driving water evaporation. The team discovered that visible light can create water evaporation. This fact was not previously known. The discovery could solve unanswered atmospheric questions and lead to new technology advances. Although water is almost transparent to visible light, the team [...]

Lighting Industry

Q1 2024 Acquisitions

  Here is a quick summary of 11 acquisitions and one manufacturer closure, in the first quarter of 2024: Kuzco Group acquired Auroralight. Details here. AMS Technologies acquired newLASE. Details here. Meyers EPS acquired Storage Power Solutions (energy storage manufacturer). Details here. Legrand acquired ZPE Systems, Inc. Details here. Environ Energy acquired Prism Energy Services [...]

Events, Lighting Industry

Two EV Charger Trade Shows…Where Are Lighting Manufacturers?

Much has been written about the numerous lighting manufacturers that have expanded into EV chargers. A few examples include: Espen Technology, Light Efficient Design, Leviton, and LEDVANCE. So what are the tradeshows for the EV charger industry? One is EV & Charging Expo 2024, held in Toronto, Ontario, Canada, today and tomorrow. This show is [...]

Construction + Economy, Lighting Industry

Trouble Arrives In The Multifamily Real Estate Market

In late January, LightNOW posted about signs of trouble ahead for the Multifamily real estate market. There are now indications that trouble has arrived. Apartment loans at least 30 days past due or in non-accrual have jumped 81%. Banks are increasingly taking losses on apartment loans. This will likely lead to distressed selling, as well [...]

Lighting Industry

7 Ways To Grow Your Commercial Lighting Business

  Here are 7 time-tested approaches to growing a commercial lighting business: Create a go-to-market plan to add a new product category, service, or to expand into a new channel of distribution. Try lead generation (lead gen) using digital automation. Produce a monthly press release and distribute it to your primary customer trade press. Produce [...]

Lighting Industry, Products + Technology

Product Monday: The cornerWall Lamp

  Tucked away in a cozy corner of the lighting industry is a company that specializes in lighting up a cozy corner of your home or office. The product is the cornerWall Lamp by cookieLight. CornerWall Lamps are wall sconces designed to be installed in a corner between two walls, and they primarily produce indirect [...]

Energy + Environment, Lighting Industry

Midstream Utility Lighting Rebates Expanding In E-Commerce

  More midstream utility lighting rebates are becoming available through online commercial lighting sales. Two examples are EncentivEnergy’s UtilityGenius Commercial Storefront, as well as Bulbs.com. Commercial Storefront is the latest service from EncentivEnergy, the company behind UtilityGenius, an online utility rebate finder / searchable database. Commercial Storefront has negotiated arrangements with ConEd (in NYC) and [...]

Interviews + Opinion, Lighting Industry

Interview: Geoff Ling Of Merrimack Group On M&A Predictions

  I had the pleasure of sitting down with Geoff Ling, Managing Director at Merrimack Group, at LEDucation, to talk about his predictions for M&A trends, looking forward. Merrimack Group provides M&A services to the lighting industry. Shiller: What are the overall trends that you’re seeing in lighting industry M&A, big picture? Ling: I started [...]

Naturaled

Events

LiGHT24
OLED’s World Summit
Nearshoring America
Lightovation – Dallas Market Center
Lightapalooza
Click For More

Archives

Categories