The global LED panel light market was worth US$ 15.02 Billion in 2018. According to the estimates, the market is anticipated to exceed US$ 32.28 Billion by 2024, growing at a CAGR of 13.86% during 2019-2024. Unlike fluorescent light fixtures, LED panel lights have no-restrike delays and can start instantly and can be easily installed in fast retrofitting situations. Apart
Healthe Inc. has added an LED bulb to its line of circadian lighting products that can dynamically change spectral output over the course of the day, delivering what it says are invigorating blues in the morning and minimizing the blues in the evening for relaxation. The new SunTrac A19 serves as an all-in-one combination of Healthe’s existing GoodDay and GoodNight
It is a hot topic of Advanced Lighting Technology developments in the lighting industry. In fact, new lighting technology is making possible the biggest advancements since the LED bulb first came to the market. It is an exciting time for us with new lighting technology advancements, and with the rapid pace of technology changes, it will only become more interesting.
Ideal Industries will pay approximately $310 million for the Cree Lighting business unit, while Delta Electronics is acquiring SSL manufacturer Amerlux, and parts of the Echelon business recently acquired by Adesto are being shuttered. We have had a slow start to 2019 on the LED and solid-state lighting (SSL) technology front, but not so when it comes to business —