Lighting Industry

Lighting Industry

OSRAM Announces New Lamp Business Name: LEDVANCE

OSRAM continues to positioning the carve-out of its general lighting lamps business with rebranding to the name LEDVANCE. Jes Munk Hansen, who has already been at the helm of the lamps business for one year after previously heading OSRAM’s Americas business, is leading the company. The product portfolio of LEDVANCE covers traditional lighting, modern LED [...]

LED + SSL, Lighting Industry

GE Breaks Up with the CFL

GE has announced it will discontinue manufacturing compact fluorescent lamps for the U.S. market and focus its consumer lighting efforts on LED replacement lamps by the end of 2016. According to GE, about 15% of consumers have tried LED. By 2020, with steadily declining costs and superior performance compared to CFLs, more than 50% of [...]

Lighting Industry

Acuity Brands, Inc. Announces Acquisition of Geometri

Acuity Brands, Inc. has acquired for cash certain assets, including all proprietary technology and other intellectual property, of GeoMetri, LLC, a provider of a software and services platform for mapping, navigation and analytics. “GeoMetri technology brings a key component into our digital lighting platform, augmenting our positioning services which now include over 10 million square [...]

Lighting Industry

Lighting Systems Index Increases During Third Quarter With Mixed Results for Components

NEMA’s Lighting Systems Shipments Index, a measure of demand for lighting equipment, increased by 4.8% year-over-year and by 4.4% quarter-to-quarter during 2015Q3. The increase was driven by the fixtures component of the index, which gained ground on a year-over-year basis, while the emergency lighting, ballast and lamp – large and miniature – components recorded offsetting [...]

Lighting Industry

Happy New Year!

Lighting Industry

EcoSense Acquires Journee

EcoSense recently announced that it has acquired the assets of Journée Lighting, a privately owned, CA-based lighting company that specializes in the design and development of specification-grade lighting. This acquisition allows EcoSense to enter the downlight and track lighting market and leverage Journée’s IP for future product development efforts. “Journée’s specifier-grade product portfolio is a [...]

Lighting Industry

Happy Holidays

Lighting Industry, Research

Global OLED Market Expected to Reach $ 37.2 Billion by 2020

According to a new report published by Allied Market Research titled, World Organic LED Market – Opportunities and Forecasts, 2014 – 2020, the world OLED market is estimated to generate revenue of $37.2 billion by 2020, registering a CAGR of 18.3% during the forecast period 2015 –2020. Enhanced picture quality, high energy efficiency, increasing demand [...]

Lighting Industry

Philips and Cisco Announce Alliance

Philips and IT giant Cisco have announced a global strategic alliance that will create new value in energy savings, building efficiency and employee productivity, made possible by the Internet of Things (IoT) in modern offices. This alliance brings together Philips’ LED based connected lighting system with Cisco’s IT network to address the global office market. [...]

Lighting Industry

Eaton Acquires Ephesus Lighting

Eaton recently announced that it has acquired Ephesus Lighting, a Syracuse, NY-based manufacturer of connected LED lighting solutions for sporting venues and high-lumen outdoor and industrial applications. “The Ephesus product portfolio is entirely complementary to Eaton’s connected lighting business and will add immediate category depth,” said Kraig Kasler, president, Eaton’s Lighting Division. “Ephesus shares Eaton’s [...]

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