Light-emitting diode

LED Lighting Market worth $118.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 23, 2024

Technological advancements and decreasing production costs have made LED lighting more affordable, further stimulating market growth.

Key Points: 
  • Technological advancements and decreasing production costs have made LED lighting more affordable, further stimulating market growth.
  • Moreover, the versatility of LED technology, providing options for smart lighting solutions and diverse applications across residential, commercial, and industrial sectors, contributes to the overall expansion and dynamism of the LED lighting market.
  • LED lamps are expected to have a higher market share in the LED lighting market due to several compelling reasons.
  • Asia Pacific is expected to account for the largest market share in the global LED lighting market by 2029.

LED Lighting Market worth $118.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 23, 2024

Technological advancements and decreasing production costs have made LED lighting more affordable, further stimulating market growth.

Key Points: 
  • Technological advancements and decreasing production costs have made LED lighting more affordable, further stimulating market growth.
  • Moreover, the versatility of LED technology, providing options for smart lighting solutions and diverse applications across residential, commercial, and industrial sectors, contributes to the overall expansion and dynamism of the LED lighting market.
  • LED lamps are expected to have a higher market share in the LED lighting market due to several compelling reasons.
  • Asia Pacific is expected to account for the largest market share in the global LED lighting market by 2029.

Optronics Expands Compliant Blackout Lighting Family With Two Thinline, LED Surface-Mount, LED Stop/Turn/Tail Lamps

Retrieved on: 
Friday, February 23, 2024

TULSA, Okla., Feb. 23, 2024 /PRNewswire-PRWeb/ -- Optronics International, a leading manufacturer of vehicle harnesses, electronic control systems and LED lighting for the global transportation industry, announced the release of its smoke-lens Thinline STL59SRSHB Series 9-LED and STL87SRSHB Series 11-LED surface-mount, stop/turn/tail lamps. Optronics' entire family of blackout-style lamps will be on display to the industry during the NTEA Work Truck Week 2024, March 5–8, 2024, in booth 952.

Key Points: 
  • Optronics' new Thinline surface-mount lamps broaden the industry's first FMVSS/CMVSS 108-compliant family of smoke-lens, LED stop, turn, tail, backup and clearance marker lamp family.
  • Optronics' entire family of blackout-style lamps will be on display to the industry during the NTEA Work Truck Week 2024, March 5–8, 2024, in booth 952.
  • – Dustin Smith
    The two new, thin, surface-mount-style lamps are the latest additions to Optronics' family of eight smoke-lens LED lights.
  • As the sole commercial lighting manufacturer to offer genuinely compliant blackout lights, Optronics has met market demand head-on.

SprintRay Revolutionizing Digital Dentistry: Company's Biomaterial Innovation Lab Unveils Groundbreaking Advancements in Material Science

Retrieved on: 
Thursday, February 22, 2024

LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- SprintRay Inc., a pioneering force in digital dentistry and 3D printing solutions, is proud to announce the launch of a suite of cutting-edge products from the company's Biomaterial Innovation Lab.

Key Points: 
  • LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- SprintRay Inc., a pioneering force in digital dentistry and 3D printing solutions, is proud to announce the launch of a suite of cutting-edge products from the company's Biomaterial Innovation Lab.
  • "At SprintRay, we are committed to pushing the boundaries of innovation to deliver exceptional solutions that empower dental professionals worldwide," said Dr. Amir Mansouri, CEO of SprintRay .
  • "Our latest advancements reflect our ongoing dedication to revolutionizing the dental industry through collaboration, research, and technological excellence."
  • SprintRay will showcase these groundbreaking innovations at the Chicago Dental Society 2024 Midwinter Meeting, from February 22-24, 2024.

IDTechEx Discusses New Trends: Radar Modules and ToF Cameras for In-Cabin Sensing

Retrieved on: 
Thursday, February 22, 2024

An additional limitation of 3D ToF cameras is that, unlike in-cabin radar modules, they are unable to detect people or objects through obstacles.

Key Points: 
  • An additional limitation of 3D ToF cameras is that, unlike in-cabin radar modules, they are unable to detect people or objects through obstacles.
  • As of now, 3D ToF cameras are more well-adopted for OMS and have advanced features compared with radar modules.
  • However, by comparing the costs and functions of radar modules and 3D ToF cameras, IDTechEx believes there are potential opportunities for radar modules.
  • 3D ToF cameras are adopted in Li Auto L9, BMW iX, and the new ARCFOX αS series, whereas radar modules are expecting adoption in Tesla and Volvo.

Global Light Fidelity (Li-Fi) Business Research Report 2024: Market to Reach $10.9 Billion by 2030 - Rising Focus on Indoor Networking in Healthcare Sector to Drive Growth

Retrieved on: 
Wednesday, February 21, 2024

DUBLIN, Feb. 21, 2024 /PRNewswire/ -- The "Light Fidelity (Li-Fi) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 21, 2024 /PRNewswire/ -- The "Light Fidelity (Li-Fi) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • LEDs, one of the segments analyzed in the report, is projected to record 42.6% CAGR and reach US$4.6 Billion by the end of the analysis period.
  • Growth in the Photo Detectors segment is estimated at 40.5% CAGR for the next 8-year period.
  • In terms of market prospects and outlook, the report identifies key growth drivers and market restraints impacting the adoption of Li-Fi technology.

LA Photo Party Unveils Revolutionary Venture GO: iPad-Powered DSLR Photo Booth

Retrieved on: 
Tuesday, February 20, 2024

GLENDALE, Calif., Feb. 20, 2024 /PRNewswire-PRWeb/ -- The Venture GO boasts an industry-leading design, featuring an iPad Pro®, Canon DSLR optics, and Landmark, their cutting-edge photo booth software. Its sleek, lightweight, and portable design, crafted in Los Angeles by expert industrial designers and mechanical engineers, makes it accessible for both new and professional photo booth operators alike. The Venture GO encompasses all the favorite features of the Venture line-up, including bounce card lighting, ring light, infinite LEDs, brand-ability, lightweight construction, 5G cellular connectivity, and seamless doors.

Key Points: 
  • LA Photo Party, the forefront innovator in photo booth technology, proudly introduces the latest addition to their line-up: the Venture GO.
  • This revolutionary photo booth combines the power of Canon DSLR optics with the convenience of an iPad Pro® with the power and user-friendliness of Landmark LA Photo Party's iPadOS capture and share software solution in an award-winning, lightweight and portable frame.
  • GLENDALE, Calif., Feb. 20, 2024 /PRNewswire-PRWeb/ -- The Venture GO boasts an industry-leading design, featuring an iPad Pro®, Canon DSLR optics, and Landmark, their cutting-edge photo booth software.
  • "We create tools that propel photo activations to success with uncompromising technology experiences," said David Miller, CEO of LA Photo Party.

INTEGRAL FARMS PRODUCE INC. ENHANCES TOMATO PRODUCTION WITH SOLLUM'S DYNAMIC LED LIGHTING

Retrieved on: 
Tuesday, February 20, 2024

MONTRÉAL, Feb. 20, 2024 /PRNewswire/ - Recognizing the importance of innovation in their diverse agriculture portfolio, Integral Farms Produce Inc., owned and operated by the Arts family , has selected Sollum®'s dynamic LED lighting solution for a significant portion of their tomato greenhouses.

Key Points: 
  • MONTRÉAL, Feb. 20, 2024 /PRNewswire/ - Recognizing the importance of innovation in their diverse agriculture portfolio, Integral Farms Produce Inc., owned and operated by the Arts family , has selected Sollum®'s dynamic LED lighting solution for a significant portion of their tomato greenhouses.
  • I believe the market for LED lighting will see rapid changes in the future as we find out what is best », he continued. "
  • Selling its lighting solution through an electrical contractor for the very first time marks a milestone for Sollum.
  • "We are excited to see how Integral Farms Produce Inc. enjoys our technology and we look forward to supporting them on their journey as they expand to supply their marketing partners with the best produce possible."

Canada to Boost Supply of Critical Minerals and Strengthen Value Chains With Investment in the Saskatchewan Research Council

Retrieved on: 
Thursday, February 15, 2024

That is why Canada is seizing this opportunity by making smart investments in critical minerals value chains to support the development and deployment of clean energy and technology.

Key Points: 
  • That is why Canada is seizing this opportunity by making smart investments in critical minerals value chains to support the development and deployment of clean energy and technology.
  • This will help increase the supply of battery metals that are needed for the development of a domestic electric vehicle value chain.
  • Further, once the project is complete, Canada will be able to produce these critical minerals at commercial scale — a Canadian first for rare earth element processing.
  • The Critical Minerals Research Development and Demonstration (CMRDD) program supports the development of Canadian critical minerals value chains.

LED Packaging Market worth $19.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 14, 2024

CSP package type is expected to register the highest CAGR in the LED packaging market during the forecast period.

Key Points: 
  • CSP package type is expected to register the highest CAGR in the LED packaging market during the forecast period.
  • Therefore, CSP package type is expected to register the highest CAGR in the LED packaging market during the forecast period.
  • General lighting application is anticipated to have the largest market size in LED packaging market during the forecast period.
  • Therefore, Asia Pacific is expected to register the highest CAGR in the LED packaging market during the forecast period.