Frost & Sullivan: Dramatic Push for Green Products in the Lighting Market
By Frost Sullivan, PRNEWednesday, March 10, 2010
Frost & Sullivan will host an Analyst Briefing on the current European Lighting Markets status on Wednesday, 31 March.
LONDON, March 11, 2010 - While economic crisis increases strain across the globe, the European
lighting market gladly welcomes the EU drive, new legislation and public
awareness for greater energy efficiency. The latest market data by Frost &
Sullivan shows, companies which have "gone green" in energy efficient
disciplines, have successfully avoided common complications of an economic
catastrophe. By applying energy efficient lighting controls or LED, such
companies were able to mitigate the impacts of subdued construction activity.
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On this subject Frost & Sullivan will host a complimentary analyst
briefing which will take place on Wednesday, 31 March, at 2 pm BST. Frost &
Sullivan Industry Analyst Michael Meyer will offer an insight into the
exciting future of energy efficiency lighting.
Strategic maneuvers have secured the lighting industry's endeavors to
establish their position of stability, and avoid being left behind by
surrounding markets seeking to take advantage of new and promising market
dynamics. Leading companies with larger budgets in green technologies, such
as Philips, Osrams and Zumtobel have been primary promoters to demonstrate
confidence in the future of green lighting. As more companies join the
bandwagon, the necessity to implement green lighting will rapidly spread
universally.
Analyst Michael Meyer observes, "Lighting manufacturers have made
significant steps in addressing the current issues of being green and energy
efficiency - the result has been a dramatic push for green products. Besides,
as large lighting corporations continue to invest huge sums in R&D for green
technologies and the marketing of it fundamental change is certain to be
brought to a traditionally conservative market."
Highlights of the briefing will include an analysis of trends in the
energy efficient lamps market, an analysis of trends in the luminaires market
as well as a snapshot and outlook on the market for lighting controls.
Covering both specific and generic details, this briefing will also observe
the extent to which the issue of energy efficiency is changing the market
dynamics of the lighting industry as a whole. This larger scope of insight
will illuminate multiple areas of interest, including a short assessment of
competition from the Far East regarding developments in the LED.
This briefing will benefit all parties interested in the lighting market,
lamp manufacturers, luminaires' manufacturers, component suppliers to
lighting controls and system integrators, as well as research organizations
and related investors, by discussing emerging trends and providing forward
projections for the European Lighting development.
To participate in this briefing, please e-mail Chiara Carella, at
chiara.carella@frost.com, with your full name, company name, title, telephone
number, company e-mail address, company website, city, state and country, and
a registration link will be e-mailed to you. You may also register to receive
a recorded version of the briefing at anytime by submitting the
aforementioned contact details.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best-in-class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO and
the CEO's Growth Team with disciplined research and best-practice models to
drive the generation, evaluation, and implementation of powerful growth
strategies. Frost & Sullivan leverages over 45 years of experience in
partnering with Global 1000 companies, emerging businesses and the investment
community from 40 offices on six continents. To join our Growth Partnership,
please visit www.frost.com.
Contact: Chiara Carella Corporate Communications - Europe P: +44(0)207-3438314 M: +44(0)7533017689 E: chiara.carella@frost.com www.frost.com
Chiara Carella, Corporate Communications - Europe of Frost & Sullivan, +44(0)207-3438314, mobile, +44(0)7533017689, chiara.carella at frost.com
Tags: Frost & Sullivan, ireland, London, March 11, United Kingdom