2016-06-21

LED Lighting Industry Poised for Growth Explosion Beyond 2016

It’s cliché in the lighting industry to state that there has been a light bulb moment, however the evolution of light bulbs from cheap incandescent bulbs to affordable LED lighting solutions has had a massive impact on the lighting industry as a whole and the trend is set to continue. For businesses, it brings lucrative opportunities while playing to the card of sustainability for corporate responsibility. Demands for sustainable solutions and lower energy prices have made LED lights become the lighting commodity of choice. As LED light bulbs and their energy consumption costs fall, a sharp rise in demand is expected across the residential and commercial markets. This has created a chasm in the lighting market which lighting retailers and manufacturers are keen to exploit over the coming years.
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Nichia, the world's largest LED/Laser Diode manufacturer and inventor of the high-brightness blue and white LEDs, and Tokushima Agriculture, Forestry and Fisheries Technology Support Center have conducted a joint research study to evaluate... READ MORE

Signify, the world leader in lighting, announced that it has installed Philips GreenPower LED toplighting compact in the lettuce nursery greenhouse of Woodeumgee Farm Co., Ltd., located in Buyeo, Chungcheongnam-do. Woodeumgee Farm has reported... READ MORE