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General Electric to partially sell overseas lighting operations

General Electric has reached an agreement to sell its overseas lighting operations in Europe, the Middle East, Africa and Turkey, the conglomerate said on Thursday.

The US group reached an agreement with former executive Joerg Bauer for an undisclosed amount, a spokesperson told AFP by email.

Bauer was most recently head of GE in Hungary — the company’s headquarters for its lighting business in the regions being acquired.

The sale does not relate to GE Lighting’s operations in North America, which the company is also looking to sell.

With the sale, GE, creator of the incandescent light bulb, is abandoning a historic aspect of the company.

The group, which closed 2017 with a net loss of $6.2 billion dollars, announced a restructuring plan in November involving $20 billion of assets sales.

The sale of GE Lighting’s overseas operations, which involves a total of more than 4,000 employees, could be completed by the end of June.

Source: www.dawn.com

Lighting Fixture Market to Witness a Pronounce Growth During 2017-2027

Global lighting fixture market is expected to generate substantial revenue, owing to the exponential urban growth and driving demand for energy efficient lightings. Lighting fixture market can greatly contribute by providing energy efficient solutions. Application of light emitting diode (LED) in lighting fixture can decrease energy consumption to significantly low level that energy produced can be saved and utilized for other more essential applications. Thus, increasing installations of LEDs can curtail the total energy demand worldwide substantially. Industrial transition driven by LED could potentially affect the structure of lighting fixture market.

The global lighting fixture market is expected to remain regionally fragmented, wherein China is the most fragmented market, owing to the fact that purchasing decisions in the lighting fixture industry is not made alone by the end users. Many professionals are involved in the decision making process such as architects, electrical engineers and lighting designers, who are considered to be the key decision makers. Lighting fixture market is projected to grow continuously in contrast to light source market. Technical drivers such as emerging LEDs and lighting control system can become a success factor in most lighting fixture applications.

The global lighting fixture market can be segmented based on technologies and applications of lighting fixtures. Green traditional, non green traditional and solid state lighting are the few technologies that will drive lighting fixtures market. Eco friendly halogen, compact fluorescent lamp (CFL) and high intensity discharge lamp are some of the categories of green traditional technology. In addition, LED lamps, LED light engines, infrared and laser are some of the categories of solid state lighting. General lighting, automotive and backlighting are few applications that utilizes lighting fixtures.

China has been one of the largest lighting fixture markets globally and the growth of lighting fixture market in other developing countries is projected to be higher than that in developed countries. Recovery from economic crisis and growth in the income levels of people in the United States is one of the major factors bolstering the overall market growth over the past recent years. In Europe, government policy can have a significant impact on penetration of LEDs. Furthermore, import duties on lighting fixtures are high in Latin American countries such as Brazil, Venezuela, Mexico and Colombia. Japanese lighting fixture business are expected to expand their business in Asia Pacific, led by the regionally fragmented market.

Growth in the investment in construction activities, population growth in developing countries and larger penetration of light source technology such as light emitting diode are some factors that are projected to drive lighting fixture market. LED prices can have a greater influence in the price of lighting products. Led by all these drivers, energy efficient products are expected to bring a gradual shift to higher prices in global lighting fixture market. Macro economic conditions that are spontaneously influencing new lighting installations, energy efficiency regulations and greater energy awareness are some factors that have impacted the global lighting fixture market.

Some of the major players in global lighting fixture market World Light Lighting Technology Co. Ltd., RENRGIZ Technology, Shunde Xinhua Electrical Co. Ltd., Fanzen International Lighting, Zhejiang Gotosun Light & Electricity Co. Ltd., Shanghai Tailin Import & Export Co. Ltd., Gaorui Electrical & Lighting Co. Ltd., Far East Lighting Co. Ltd. Banner Lighting Electrical Appliance Co. Ltd. and Zhejiang Zhongqi Industry Co., Ltd. among others.

Source: www.latestmarketreports.com

GE’s latest smart lighting includes Alexa and HomeKit options

Creating a smart home can be a complicated affair, with a ton of options available to add voice-control and automation to your lights, window coverings, thermostats and more. GE wants to simplify your options (with its own branded products, of course), and its bringing some new smart ceiling fixtures, wall switches, and lamps to market in 2018.

The C by GE series of connected lighting now includes what the company calls the industry’s first voice-integrated ceiling fixtures that hide all the smarts in a flush mount or recessed can option. There’s a smart wall switch, too, which can provide voice-control to your connected lights, turning them on or off, dimming them, or changing the temperature of the light. No separate GE hub is needed, either, and there’s a built-in antenna to make sure you can access it, even if someone accidentally flips the switch manually.

If Amazon Alexa devices are your thing, you can now use it with GE’s Sol lamp extensions. You can sync with other Alexa devices around your house (via Amazon’s ESP feature) while managing your lights and turning on Spotify or SiriusXM apps. The feature will also be available in Canada. Finally, GE brings Apple HomeKit compatibility to (only white) C-Life and (temperature shifting) C-Sleep smart bulbs via the C-Reach bridge, which lets you use Siri on an iPhone or iPad, at home or away, to create lighting scenes and set up automation.

Source: www.engadget.com

LEDs reduce half a billion tons of CO2 emissions in 2017

The use of LEDs to illuminate buildings and outdoor spaces reduced the total carbon dioxide (CO2) emissions of lighting by an estimated 570 million tons in 2017, which is roughly equivalent to shutting down 162 coal-fired power plants, according to IHS Markit. LED lighting uses an average of 40% less power than fluorescents, and 80% less than incandescents, to produce the same amount of light.

“The efficiency of LEDs is essentially what makes them environmentally friendly,” said Jamie Fox, principal analyst, lighting and LEDs group, IHS Markit. “Therefore, LED conversion is unlike other measures, which require people to reduce consumption or make lifestyle changes.”

LED component and lighting companies were responsible for reducing the global carbon footprint by an estimated 1.5% in 2017, and that number is likely to continue to grow as more LEDs are installed around the world.

LEDs have other positive environmental benefits, too. For example, LEDs have a longer life span than traditional bulbs and fewer are produced, so the emissions and pollution associated with the production, shipping, sale and disposal of the products is lowered. Secondly, unlike fluorescents, LEDs do not contain mercury. LEDs also decrease air pollution, since most electrical energy is still generated by burning fossil fuels. “While other activities affect climate change more than lighting does, it is still a very strong contribution from a single industry sector,” Fox said.

According to IHS Markit, Nichia can claim credit for having saved the most carbon overall – accounting for 10% of all LED lighting reduction achieved in 2017, which translates into 57 million tons of CO2. Cree followed Nichia with 8%, while Lumileds, Seoul Semiconductor, MLS, Samsung and LG Innotek each have a share in the range of 4-7%.

“LED component companies and lighting companies have transformed their industry,” Fox said. “They are fighting climate change much more effectively than other industries, and they should be given credit for it. Unlike in other industry sectors, workers at LED companies can honestly say that by selling more of their products, they are helping to reduce global warming.”

Source: www.digitimes.com

What can the lighting industry expect in 2018?

It’s no secret – the lighting industry has gone through radical change in recent years. Rapid advances in technology have shifted the industry as a whole and have made previously exclusive technologies, such as LED lighting, an affordable option for most commercial and industrial buildings. So as we head into the next year, what else can we expect? And where do we see the lighting industry going next?

1. LED is the future

Innovation has largely centred around improving performance and efficiency for LED lighting. This is now starting to plateau as LED chip technology has started to reach its maximum potential. With that said, we are increasingly seeing various designs of products that have become more innovative and are designed around the LED light source rather than those that have been adapted from older technologies – such as fluorescent lamps.

The advantages of LED completely outweigh older technology as there are now very few examples where LED’s don’t offer significant improvements over traditional lighting models. From reduced energy consumption and longer lifetimes to better lighting possibilities, LED is here to stay in 2018 and beyond.

2. IoT will have a big influence on LED

We’re still in the early stages regarding different IoT protocols and competing for dominance. To those who may not be as familiar with the lighting space, I would suggest it’s like having Betamax, VHS, VideoDisc, LazerDisc, DVD, BlueRay, Blockbuster, Netflix and Amazon Prime all happening at once! As it’s such a fast moving area, it’s very hard to predict – but it’s clear that the applications with a strong business proposition are the ones gaining the initial traction, including energy control and monitoring, footfall and hotspot counting, remote security and safety applications. And with building regulations as they currently are, the vast majority of light fittings will be equipped with sensors — allowing them to interact with their surroundings.

3. The future of lighting facilities managers will be daunting

We live in a society where we have endless options, and this is no different when it comes to lighting. Because of this, it’s important that facilities managers choose their lighting products carefully.

In recent years, an influx of low-cost, substandard lighting products imported from manufacturers abroad have surfaced. As a result, we often see a number of companies selling products that do not necessarily meet the claims they suggest, as well as companies deliberately misleading customers with false claims and data. This coming year, I would encourage people to ensure that they are buying from a reputable manufacturer and for them to ask for as much information as possible on products prior to purchasing.

With that said, these seemingly endless choices may end up making life easier for facilities managers. This means that if chosen carefully, there is the possibility of virtually eliminating maintenance issues and reducing energy bills, as well as the potential for remote monitoring and BMS linkage.

Overall, as the technology continues to improve, the lighting industry will follow. What’s important moving forward is that as an industry we embrace technology while keeping safety and compliance top of mind.

Source: www.voltimum.co.uk

Philips Lighting named industry leader in the 2017 Dow Jones Sustainability Index

ISLAMABAD: Philips Lighting (Euronext Amsterdam: LIGHT), on Saturday announced that it achieved the status of Industry leader in the Electrical Components and Equipment category of the 2017 Dow Jones Sustainability Index (DJSI).

The company’s overall score was 85 out of 100 points, demonstrating that sustainability is central to Philips Lighting’s company strategy and purpose.

This is the first year that Philips Lighting has been included in the category as an independent company since its initial public offering in May 2016.

“We’re thrilled with this result. It is a real honor to be recognized for the hard work and commitment by everyone in our company. Sustainability lies in the very heart of our business. It is part of our daily work and driven by our leadership with a sense of urgency,” said Nicola Kimm, Head of Sustainability, Environment, Health and Safety.

In its annual evaluation, DJSI recognized Philips Lighting’s strong performance through the launch of its Brighter Lives, Better World program, focusing on Sustainable operations and Sustainable revenues.

As part of that program, Philips Lighting has made significant progress toward its commitment to become carbon neutral by 2020, reducing its carbon footprint by 21% over the course of 2016.

Top scores (100/100) were obtained by Philips Lighting in the categories Climate Strategy, Environmental Reporting, Operational Eco-Efficiency and Innovation Management.

Source: www.brecorder.com

GE Lighting, IEC announce strategic partnership

The Imperial Electric Company (IEC), a premiere engineering company, and GE Lighting, Tuesday announced a strategic partnership aimed at creating a channel platform to identify and deliver the most cost effective and efficient GE Lighting capabilities across a wide range of sectors, including, home, retail, office and hospitality.

The strategic partnership with IEC underscores GE Lighting’s strategy to expand its footprint of comprehensive solutions in Pakistan by working with local partners with proven market competencies to create an effective distribution network to reach the end consumer.

The lighting industry has changed dramatically in the last few years, moving away from supplying product as a simple disposable commodity, to providing high-value, energy-saving solutions. Long-life LED technology makes GE solutions long-term investments; while lasting significantly longer than conventional lighting solutions, LED lighting solutions offer significant energy and maintenance savings that balance out the higher upfront cost. For this reason, LED lighting solutions are being widely adopted in retail, office, hospitality, roadway and outdoor lighting applications.

Tahir Rehman, Managing Director, The Imperial Electric Company, said, “GE Lighting brings an extensive range of solutions that complement our operations in the country. The company’s strength in LED lighting, which contributes significantly to energy efficiency and environmental sustainability, is an ideal fit to our vision to be the sustainable lighting partner.

Source: www.pakobserver.net