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.
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 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.
Blackbaud, a cloud software company aimed at the social good community, announced that its new world headquarters in Charleston, South Carolina, will deliver 80% lighting energy savings compared to fluorescent.
Greg Schlichting from the Denver-based Declaration Brewing Company spoke about building and lighting upgrades at the Environmental Leader & Energy Manager Conference.
Retrolux has partnered with Lighting For ESCOs (LFE) Solutions to provide professional services to energy service companies and lighting retrofit companies.
The global LED lighting market is likely to reach $70.24 billion in the next five years but key limitations remain, according to a recent report.
LED providers are learning to sell to a broader customer base by adjusting the frame of LED retrofit proposals. Still, most building managers know about LEDs these days but will not make the change on their own. Here are 5 reasons late adopters should embrace LED retrofits
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…
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…
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