Lighting Industry

  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 [...]

  Big box retailers are increasingly opening smaller format stores. Historically, the largest retailers have been continually increasing the size of stores, in some cases as large as 500,000 square feet. However, many of the largest retailers are increasingly testing smaller footprint locations. This includes Walmart, Target, Macy’s, Kohl’s, and others. In the case of [...]

  Two weeks ago, I wrote about the coming lighting-HVAC control integration tsunami, here. The following are 10 trends in lighting-HVAC control integration: IoT Integration: The Internet of Things (IoT) has played a significant role in the integration of lighting and HVAC systems. This involves using sensors and smart devices to collect data and control [...]

  Here is a quick summary of seven acquisitions in the third quarter of 2023: Signify acquires Douglas Lighting Controls assets. Details here. Bukas Lighting Group acquires iWorks. Details here. ADLT (Advanced Lighting Technologies, Venture, DimOnOff) acquires Cree Lighting. Details here. Charge Enterprises, Inc. acquires Greenspeed Energy Solutions, LLC. Details here. Nemo Lighting acquires majority [...]

  In the second installment in our Fall Philanthropy Series, we explore the significant impact of corporate philanthropy and fundraising in the lighting industry, showcasing remarkable results achieved when like-minded individuals unite for a common cause. The H Foundation – Based in LaGrange, Illinois, The H Foundation was established in 2001 by Hortons Home Lighting [...]

I’ve written previous articles about the gradual shift in US imports away from China toward Mexico, India, Southeast Asia and Eastern Europe, here and here. The above chart is courtesy of DigiTimes Research. It projects India’s production value of LED lighting to rise from $2.2 Billion USD in 2020 to $16.2 Billion in 2025. That’s [...]