Market Potential

Although the impact of the lighting market will vary from region to region, apparently, technical lighting is expected to strongly drop in 2020, remain flat in 2021, and hopefully start recovering in 2022. The hospitality and retail segments will be among the harshest hit by the Covid-19 crisis. There is the possibility to use UV lighting for the sanitation of public areas.

The global street and roadway lighting market valued USD 8.17 billion in 2019 and is expected to reach a value of USD 11.04 billion by 2025 at...

In line with the proposal by the Management and Supervisory Boards, Zumtobel Group in its recent General Meeting has approved the distribution of a EUR 0.10 dividend per share for the 2019/20 financial year. The dividend will be paid on 31 July 2020.

Reportlinker’s recent report “Global Hazardous Location LED Lights Industry” projects that the Hazardous Location LED Lights market worldwide is to grow by US$356. 8 Million, driven by a compounded growth of 10.9%.

The lighting market like all other markets is strained owing to the on-set of the COVID-19 pandemic. However, if we take a look at the statistics, a...

- The Lighting India content team Amid the COVID-19 crisis and the looming economic recession, the lighting fixtures and luminaires market worldwide will grow by a projected USD...

Tell us about the merger - Anchor Electricals Pvt. Ltd. now Panasonic Life Solutions India Pvt. Ltd as a wholly-owned subsidiary of the Panasonic Corporation. Over half...

Talk to us about innovation, to what extent is the industry phased from the on-set of the COVID-19 virus? The on-set of COVID-19 has impacted businesses and the...