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New law in effect on Jan, 1, 2024 prevents sale of incandescent lightbulbs

Rules finalized by the Energy Department will require manufacturers to sell energy-efficient light bulbs, accelerating a longtime industry practice to use compact fluorescent and LED bulbs that last 25 to 50 times longer than incandescent bulbs.

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Outdoor LED Lighting Market worth $21.96 Billion by 2030 - Exclusive Report by The Insight Partners

The global outdoor LED lighting market is growing at a CAGR of 6.8% from 2022 to 2030.Pune, India, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Acuity Brands Inc., Signify NV, and Panasonic Corporation are key providers in the outdoor LED lighting market. With the strong growth in demand for outdoor LED lighting, numerous companies have established partnerships to expand their solutions offerings in digital solutions. For instance, in September 2022, Signify NV partnered with Upciti, a leading artificial i

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