Lighting Industry

  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 [...]

  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 [...]

  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 [...]

  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 [...]

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 [...]

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 [...]

  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 [...]

  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 [...]

  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 [...]