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
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 —
Cree has announced the XLamp eTone LEDs — chip-on-board (COB) products that deliver 90-CRI color quality with the same efficacy levels of competitive 80-CRI offerings. Lumileds has announced the Luxeon V2 family of high-power LEDs that utilize technology developed in the company’s chip-scale package (CSP) products to bring higher performance to a 3.5×3.5-mm package. Both offerings deliver solid-state lighting (SSL)
LED lighting has replaced many of the traditional bulbs and fixtures over the past several years. These bulbs are more efficient and better for the environment, making them an attractive option in a number of settings — including office buildings. If you’re looking to make your office space more energy efficient or just want to change up your lighting, here’s
An elaborate quantum dance powers LED lightbulbs. The more precisely the dance can be choreographed, the closer LEDs will come to fulfilling their promise as the ubiquitous energy-efficient lighting source of the future (LEDs are already efficient, but they could be a lot more so). My latest story, “Mathematicians Tame Rogue Waves, Lighting Up Future of LEDs,” is about a
“The rapid adoption of LEDs in lighting marks one of the fastest technology shifts in human history,” Goldman Sachs stated in a new report. The accelerated deployment of light-emitting diode (LED) bulbs is on track to save U.S. consumers and businesses $20 billion a year in electricity costs within a decade, which would lower U.S. CO2 emissions by some 100