Electric light

Global Automotive Lighting Market Analysis Report 2023: A $48.8 Billion Industry by 2028 - Electrification and New Functions Pave the Way for Innovations

Retrieved on: 
Friday, December 15, 2023

The global automotive lighting market in 2022 stood at US$33.67 billion, and is likely to reach US$48.80 billion by 2028.

Key Points: 
  • The global automotive lighting market in 2022 stood at US$33.67 billion, and is likely to reach US$48.80 billion by 2028.
  • The global automotive lighting market value is projected to grow at a CAGR of 6.38%, during the forecast period of 2023-2028.
  • Global Automotive lighting Market Dynamics:
    Growth Drivers: Increasing sales and production of automotive vehicles has the potential to boost the growth of the automotive lighting market.
  • Global automotive lighting market is competitive with the top six players controlling more than 75% of the global market.

Lighting Market to grow by USD 54.76 billion from 2023 to 2028; The declining manufacturing cost of light-emitting diodes to drive the growth - Technavio

Retrieved on: 
Tuesday, December 12, 2023

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- The lighting market is expected to grow by USD 54.76 billion between 2023 and 2028.

Key Points: 
  • NEW YORK, Dec. 12, 2023 /PRNewswire/ -- The lighting market is expected to grow by USD 54.76 billion between 2023 and 2028.
  • The declining manufacturing cost of light-emitting diodes is a key factor driving market growth.
  • In addition, the lower cost of LED production will lead to a reduction in initial installation costs for LEDs and lamps.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.

EFC Launches Cymer-Qualified Neon Gas Recycling System, a Game Changer for Excimer Lasers

Retrieved on: 
Monday, December 4, 2023

HOPKINTON, Mass., Dec. 4, 2023 /PRNewswire/ -- EFC Gases & Advanced Materials (EFC), a leader in specialty gases and advanced materials, is excited to announce the launch of its Neon Gas Recycling System, now officially qualified by Cymer for use with its excimer lasers.

Key Points: 
  • HOPKINTON, Mass., Dec. 4, 2023 /PRNewswire/ -- EFC Gases & Advanced Materials (EFC), a leader in specialty gases and advanced materials, is excited to announce the launch of its Neon Gas Recycling System, now officially qualified by Cymer for use with its excimer lasers.
  • Executive Vice President of EFC, Matt Adams, highlighted the Neon Gas Recycling System's role in advancing innovation and sustainability.
  • Key Features of the Neon Gas Recycling System:
    OEM-Qualified Excellence: Achieving OEM qualification, the recycling system seamlessly integrates with industry-standard excimer lasers, ensuring reliability and high performance.
  • Pavel Perlov, President and CEO of EFC Gases & Advanced Materials, expressed his enthusiasm: "The introduction of our novel Neon Gas Recycling System is a milestone in stabilizing neon gas prices and ensuring its availability, regardless of global supply fluctuations.

Plasma Lamp Market to grow by USD 143.06 million from 2023 to 2028; Growth driven by an evolving lighting product design concept leading to premiumization- Technavio

Retrieved on: 
Monday, November 27, 2023

The potential growth difference for the plasma lamp market between 2024 and 2028 is USD 143.06 million.

Key Points: 
  • The potential growth difference for the plasma lamp market between 2024 and 2028 is USD 143.06 million.
  • Evolving lighting product design concepts leading to premiumization is the key factor driving market growth.
  • There is a broad range of decorative lighting products, such as plasma lamps that vary in design and price.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.

ViewSonic's LS Series Lamp-Free Projector Solution Empowers Enterprises to Achieve Sustainability Goals

Retrieved on: 
Tuesday, November 21, 2023

Brea, Calif., Nov. 21, 2023 /PRNewswire/ -- ViewSonic Corp., a leading global provider of visual solutions, is recognized as the No.1 brand in the Digital Light Processing (DLP) projectors worldwide and a pioneer in adopting lamp-free light sources such as LED and laser in the B2B sector. Committed to sustainability, the company has been dedicated to developing Luminous Superior series lamp-free projectors, providing high brightness with more benefits than traditional lamps, such as better energy efficiency, extended lifespan, and eco-friendliness, making lamp-free projectors an accessible solution for businesses looking to enhance their sustainability efforts and meet Environmental, Social, and Governance (ESG) requirements.

Key Points: 
  • "ESG has become an increasingly critical issue, necessitating the involvement of governments, enterprises, and all individuals.
  • The LS series aligns with the SDG12 (Sustainable Development Goals) "Ensure sustainable consumption and production patterns" from the United Nations – especially encouraging energy-efficient light source adoption.
  • In addition to the LS series, ViewSonic has expanded carbon footprint measurements year by year, totaling 179 models this year.
  • Furthermore, the company demonstrates unwavering commitment by requiring partners to achieve greenhouse gas verification and reduction certifications.

ViewSonic's LS Series Lamp-Free Projector Solution Empowers Enterprises to Achieve Sustainability Goals

Retrieved on: 
Tuesday, November 21, 2023

Brea, Calif., Nov. 21, 2023 /PRNewswire/ -- ViewSonic Corp., a leading global provider of visual solutions, is recognized as the No.1 brand in the Digital Light Processing (DLP) projectors worldwide and a pioneer in adopting lamp-free light sources such as LED and laser in the B2B sector. Committed to sustainability, the company has been dedicated to developing Luminous Superior series lamp-free projectors, providing high brightness with more benefits than traditional lamps, such as better energy efficiency, extended lifespan, and eco-friendliness, making lamp-free projectors an accessible solution for businesses looking to enhance their sustainability efforts and meet Environmental, Social, and Governance (ESG) requirements.

Key Points: 
  • "ESG has become an increasingly critical issue, necessitating the involvement of governments, enterprises, and all individuals.
  • The LS series aligns with the SDG12 (Sustainable Development Goals) "Ensure sustainable consumption and production patterns" from the United Nations – especially encouraging energy-efficient light source adoption.
  • In addition to the LS series, ViewSonic has expanded carbon footprint measurements year by year, totaling 179 models this year.
  • Furthermore, the company demonstrates unwavering commitment by requiring partners to achieve greenhouse gas verification and reduction certifications.

South Korea - LED Lighting Market size to increase by USD 1.87 billion during 2022-2027 | Interior lighting known as ambient lighting enhances the cabin's aesthetics is the market trend - Technavio

Retrieved on: 
Thursday, November 16, 2023

Light pipes, light rings, LED pin spotlights, and diffuser lenses are integral components of ambient lighting, integrated into various parts of the vehicle interior.

Key Points: 
  • Light pipes, light rings, LED pin spotlights, and diffuser lenses are integral components of ambient lighting, integrated into various parts of the vehicle interior.
  • South Korea - LED Lighting Market 2023 – 2027: Market Dynamics:
    One of the primary drivers of the expansion of the LED lighting market in South Korea is the increasing demand from the automotive sector.
  • Notably, it outpaces other sectors like commercial, industrial, outdoor, and others in terms of growth within the South Korea LED market.
  • Brazil LED (Light Emitting Diode) Lighting Market: The Brazil LED (light emitting diode) lighting market is estimated to grow at a CAGR of 11.64% between 2022 and 2027.

Make it a 'Home Safe Home' for the Holidays

Retrieved on: 
Wednesday, November 15, 2023

WASHINGTON, Nov. 15, 2023 /PRNewswire/ -- A new report from the U.S. Consumer Product Safety Commission (CPSC) is highlighting the importance of safety when buying and playing with kids' toys – even for older children. CPSC's Toy-Related Deaths and Injuries report found there were 11 deaths, and an estimated 145,500 emergency department-treated (ED) injuries in 2022 associated with toys for children 12 years and younger.

Key Points: 
  • Consumers should not only "think safety" about what they buy for children but should also be vigilant about where gifts are purchased, especially online.
  • As e-commerce retailing continues to grow year-over-year for holiday sales, Chair Hoehn-Saric is urging caution when turning to online retail outlets.
  • "Consumers expect the products they purchase online to be as safe as those they buy in brick-and-mortar stores," Chair Hoehn-Saric said.
  • CPSC is highlighting the following additional safety tips for safe and happy holiday activities including toy-buying, cooking and decorating.

Make it a 'Home Safe Home' for the Holidays

Retrieved on: 
Tuesday, November 14, 2023

WASHINGTON, Nov. 14, 2023 /PRNewswire/ -- A new report from the U.S. Consumer Product Safety Commission (CPSC) is highlighting the importance of safety when buying and playing with kids' toys – even for older children. CPSC's Toy-Related Deaths and Injuries report found there were 11 deaths, and an estimated 145,500 emergency department-treated (ED) injuries in 2022 associated with toys for children 12 years and younger.  

Key Points: 
  • The majority of the 11 deaths reported were attributed to choking or asphyxiation associated with small parts, balls, or balloons.
  • As e-commerce retailing continues to grow year-over-year for holiday sales, Chair Hoehn-Saric is urging caution when turning to online retail outlets.
  • "Consumers expect the products they purchase online to be as safe as those they buy in brick-and-mortar stores," Chair Hoehn-Saric said.
  • CPSC is highlighting the following additional safety tips for safe and happy holiday activities including toy-buying, cooking and decorating.

Nature Medicine Publication Highlights Potential for ONWARD® ARC Therapy™ to Improve Mobility After Parkinson’s Disease

Retrieved on: 
Monday, November 6, 2023

The study participant described in the Nature Medicine publication has been living with Parkinson’s disease for nearly three decades.

Key Points: 
  • The study participant described in the Nature Medicine publication has been living with Parkinson’s disease for nearly three decades.
  • The team collaborated with Dr. Erwan Bezard, a renowned neuroscientist from France’s National Institute of Health and Medical Research (INSERM).
  • Fox Foundation for Parkinson’s Research (MJFF) to implant the ARC-IM System and investigate the effect of ARC Therapy in six additional participants with Parkinson’s disease.
  • This study will assist ONWARD in determining whether to conduct additional clinical trials and potentially commercialize ARC Therapy in the future for those living with Parkinson’s disease.