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Industry news

Halo3.0

HALO 3.0 Is Here! Double Protection. Faster Installation.

HALO has always been known for its signature 360° surrounding light and clean, modern design. With HALO 3.0, we keep what works – and upgrade what matters most on site. Designed for Channel Partners HALO 3.0 is developed to help you: · Install faster · Reduce on-site complexity · Offer more flexible options to customers …

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Canton Fair 2022 Autumn, The 132nd China Import and Export Fair

The 132nd Canton Fair (Autumn Fair) is scheduled to be held in mid-to-late October 2022. The specific format and scale of the event will be determined based on factors such as the form of the epidemic and the requirements for prevention and control. The 131st Canton Fair was online from April 15th to 24th at https://www.cantonfair.org.cn/en-US. The …

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Sustainability Initiatives

How the EU’s Many Sustainability Initiatives Will Impact the Lighting Industry

In March of this year, the European Commission adopted a proposal for a comprehensive new legislative package called the Sustainable Products Initiative (SPI). Part of the Commission’s flagship Green Deal, the SPI essentially aims to ensure that only the most sustainable products are sold in Europe. To do this, the proposals included in the SPI …

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Global LED Lighting

Global LED Lighting Valued to be $78.7 Billion by 2026, Slated for Robust Growth Worldwide

A new market study published by GIA, the premier market research company, released its report titled “LED Lighting – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. Global LED Lighting Market to Reach $73.2 Billion by 2026 The lighting market has experienced …

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2022 Global LED Lighting

TrendForce 2022 Global LED Lighting Market Analysis

According to TrendForce’s latest market research report 2022 Global LED Lighting Market Analysis-1H22, the lighting industry has increasingly emphasized the light quality of products, and HCL for health. Moreover, the rising trends of luminaire digitalization and light- and color tuning in LED lighting products have stimulated smart LED penetration. Nowadays, new technological applications and potential …

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Shipping and Logistics Costs

Shipping and Logistics Costs Are Expected to Keep Rising in 2022

Companies are bracing for more steep increases in shipping and logistics prices next year after supply-chain costs soared in the scramble to move goods during the Covid-19 pandemic. Transportation and logistics providers are seeking big boosts in prices for contracts for the coming year, signaling that the inflationary pressure driven by strong demand and tight …

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Global LED Lighting Market

Global LED Lighting Industry Trends and Growth Forecast 2022-2027

According to the report “Global LED Lighting Market Report and Forecast 2022-2027”, the global LED lighting market attained a value of about USD 64,382 million in 2021. Aided by the rising environmental consciousness worldwide, the market is projected to further grow at a CAGR of 9.1% between 2022 and 2027 to attain around USD 109,661 …

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