Lighting Industry

Many of the acquisitions in the lighting industry are driven by private equity firms. Over the 5.5 years between January 2018 and June 2023, private equity (PE) firms have acquired more lighting manufacturers in the US & Canada than either publicly traded companies or private companies that are not controlled by a PE firm. PE [...]

  The IRA provides $400 Billion in federal funding for clean energy carbon reduction to address climate change. The IIJA provides $550 Billion in federal funding, over the next 5 years, for infrastructure, including EV charging infrastructure, as well as numerous projects that often include lighting, such as bridges, tunnels, highways, railway improvements, and more. [...]

  The following is a list of 24 lighting industry trends to watch in 2024, broken into three categories: technology, regulations, and industry. Technology: Alternative ceiling fan blade geometries: Toroidal? Bladeless? AI impacting lighting, including: AI generative design, AI chips going into IoT products, and AI in building automation systems. Emergence of AC COB tape [...]

By Jason Lu, Founder, CECOCECO The lighting industry is witnessing a continuous evolution, driven by technological advancements and creative explorations. ArtMorph, introduced by CECOCECO, is a blend of lighting, display technology, and design. The Concept ArtMorph combines high-resolution LED displays with diverse natural textures like wood, stone, textile, and metal. This integration isn’t just about [...]

  Here are 10 EV charger stories that I found interesting: Hotels Go Big On EV Charging Source: E&E News EnergyWire Until recently, there haven’t been a lot of hotels to meet EV drivers needs with a charging plug. However, new plans by Hilton and Marriott suggest that electric vehicle charging stations could become a regular [...]

  Many companies in the electric vehicle and EV charging industry are failing and collapsing.  Lordstown Motors (OTC:RIDEQ) and Proterra (OTC:PTRAQ) have both filed for Chapter 11 bankruptcy and a plethora of EV makers from Canoo (GOEV), Arrival (ARVL), and Faraday Future (FFIE) all teeter on the brink of collapse as their liquidity base gets eroded by consecutive [...]

Today, LightNOW is shining some light on World Pancreatic Cancer Day. We learned about World Pancreatic Cancer Day through Eric Borden, lighting industry veteran and CEO of Verozza Lighting. Eric is passionate about his philanthropic efforts because the issue is personal for him. Eric volunteers for PanCan, a nonprofit providing patient support and funding research [...]

  Cannabis Business Times along with Fluence have released their 2023 State of the Cannabis Lighting Market report. Cannabis growers have been struggling for several years due to supply chain issues, product surpluses, inflation, rising energy prices, and complex regulations. For the second year in a row, at least 70% of study participants used LEDs [...]

  On October 18, 2023, a new lighting standard was issued in Chile that will reduce light pollution by placing stricter regulations on light-emitting sources. Chile has previously had regional dark sky ordinances in the areas of major astronomical telescopes, and this new standard is for the entire country. Established by the Chilean Ministry of the [...]