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Summary and extracts
1 Market Overview
1.1 Definition and presentation
The light-emitting diode, better known as LED, is an electronic component that generates light when it flowsthroughan electric current. LEDs are widely used for lighting(despite higher costs than other types of lighting), but also for the production of electronic or signaling devicessuch as for backlighting displays or as the main light source (OLED displays) in televisions.
The LED market involves several segments, such as chip manufacturing, packaging, control, but also the manufacture of the LED module, the lighting device (the bulb), and finally the integration (the luminaire).
In 2021, the global LED market was worth more than $77 billion, and the market is expected to grow at a compound annual growth rate of 17.6 % between 2022 and 2029. In particular, the factors that will drive the growth of this market are the increased attention and regulation regarding energy efficiency and savings.
The Italian LED market has excellent development prospects. Explaining the growth of the market in the Italian territory are two main factors: the growing concern of the population about energy saving issues and the public sector investing in smart cities. In fact, especially in residential and iondustrial lighting, a growing portion of people are opting for LED lighting sources, the latter being able to consume much less energy than traditional forms of lighting and also presenting better prospects in terms of longevity. ASSIL (National Association of Lighting Manufacturers) states that with LED systems in apartment buildings, energy savings of up to 78 % and an annual reduction of 664.6 kg of co2 can be generated.
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Latest news
Santé : Imactis dans le giron de GE Healthcare - 29/05/2023
Régis Mathieu, the goldsmith of light - 18/05/2023
Régis Mathieu makes French chandeliers shine around the world
In the Lubéron region and 30 years of restoration work
Mathieu Lustrerie participates in the sets for Maïwenn's Jeanne du Barry with Johnny Depp
76th Cannes Film Festival
Pompadour chandelier re-edited for Indian owner
Museum and workshop open to the public free of charge in Luberon
Lights on 60 years of Porsche 911" exhibition
Chandeliers in French historical monuments, including the Château de Versailles, the Louvre Museum, the Paris and Monaco Operas
Arthur, Régis's son in pilot training at Porsche
Inès, daughter of Régis, joined the company a few months ago
Girard-Sudron aims to light up the whole of France - 24/03/2023
Girard-Sudron founded in 1894 - Relocation to Romorantin in 2014
Sales in 2014: 5 million euros
Current sales: 14 million euros
Growth rate of 12-14% over the past three years
53 employees, including 26 in Romorantin
5 foreign subsidiaries, with plans to open in the United States
Paris headquarters to be transferred to Romorantin in early 2019
LED filament as flagship product
Attack on the public lighting market in recent months
Ten-month financing solution for local authorities
LEDs with a claimed lifespan of 34 years
Possibility of installing video surveillance cameras in mastheads
Recruitment of 100 agents to market products in France
Home automation: a new owner for LIFX connected light bulbs - 05/10/2022
LIFX is a brand known for its light bulbs and connected lighting products.
The brand has been little in the news for the past two years and CES.
Feit Electric, a group specializing in the connected home, has acquired LIFX and its assets.
Feit Electric aims to "reinvent light" by developing the LIFX range.
A LIFX recessed luminaire is planned for this year.
New features for the LIFX mobile application are announced.
Feit Electric will continue to develop its own platform.
The LIFX brand and its products will complement Feit Electric's own products.
No information on Thread and/or Matter support is mentioned.
HomeKit integration is expected for future LIFX products.
LUCECO ACQUIRES RECHARGE POINT COMPANY AS REVENUES APPROACH £230 MILLION STERLING | Lucéco acquires recharge point company - 23/03/2022
Acquisition value: £10 million.
Luceco's initial share in Sync EV: 20% (in August 2021).
Luceco's final share in Sync EV: 100% (after acquisition of the remaining 80%).
Luceco revenues for the last financial year: Close to £230 million.
Luceco sales for the year to December 31, 2021: £228.2 million.
Luceco sales for the year 2020: £176.2 million.
Profit before tax for the year to December 31, 2021: £33.3 million.
Profit before tax for the year 2020: £33.6 million.
Earnings forecast for the first half of 2022: broadly in line with last year.
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