Global Industrial Lighting Market Expected To Grow Nearly 8% by 2024

Global Industrial Lighting Market Expected To Grow Nearly 8% by 2024

The global industrial lighting market is expected to grow at CAGR of 7.9% between 2017 and 2024, according to a new report from Research and Markets. That growth is being driven by increasing modernization and infrastructural development as well as the growing penetration of LEDs, the market research firm says.

Product Announcement: MaxLite BAA Compliant LED T8 Tubes

Product Announcement: MaxLite BAA Compliant LED T8 Tubes

MaxLite announced the introduction of Buy American Act (BAA) compliant LED T8 tubes for government, military, education, and healthcare facility lighting upgrades. The energy-efficient lighting solutions provider says that the UL Type A and Type B tubes are currently available through a recent expansion of production and assembly capabilities at the company’s facility in Anaheim, California.

Navigant Research Predicts Small Global Market for Smart Home LEDs

Navigant Research Predicts Small Global Market for Smart Home LEDs

Navigant Research predicts that global annual residential lighting controls revenue will grow to $1.5 billion in 2027, but cautions that even with an increased number of controls products, demand in the residential sector is still not strong.

Morgan Stanley Switches 600 Branches To Energy-Efficient Lighting

Morgan Stanley Switches 600 Branches To Energy-Efficient Lighting

Morgan Stanley is collaborating with GE’s energy-focused startup Current to upgrade lighting at more than 600 retail branches. The companies say they expect the program to reduce lighting-related energy consumption by as much as 50% in some branches.

Taking Energy-Efficient Lighting Upgrades to the Next Level: Q&A with ABM

Taking Energy-Efficient Lighting Upgrades to the Next Level: Q&A with ABM

New York City-based facility management provider ABM has more than 130,000 employees in over 350 offices across the country and around the world. Their revenue is approximately $5.1 billion, and their teams work on custom solutions for properties of various sizes, including schools. Currently ABM … Read more…

CBRE Plans Test of IoT Lighting for Building Analytics

CBRE Plans Test of IoT Lighting for Building Analytics

Los Angeles-based commercial real estate services and investment firm CBRE will start testing Internet of Things lighting powered by Gooee in its Amsterdam office early next year, LEDs Magazine reported this week. CBRE, which brought in over $13 billion in revenue last year, views IoT … Read more…

JPMorgan Chase Retrofits Detroit Branches

JPMorgan Chase Retrofits Detroit Branches

JPMorgan Chase plans to retrofit more than 70% of Detroit branches with LED lights and new building management systems, the Michigan Chronicle reported on Wednesday. These retrofits are paired with a $900,000 investment aimed at supporting sustainable infrastructure projects in the city. The new retrofits … Read more…

Howard University Flips the Switch on Exterior LED Retrofit Project

Howard University Flips the Switch on Exterior LED Retrofit Project

Howard University completed an exterior LED retrofit project to save money, reduce carbon dioxide emissions, and improve safety on campus, the university announced. The project received funding from the DC Sustainable Energy Utility (DCSEU) and was completed by contractor GB Energie LED, an African-American, woman-owned … Read more…

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