Market News
Global Smart Light/Lightning Control Market: Key Developments
- For instance in Feb 2023, Schneider Electric, leader in Energy Management and Industrial Automation announced creating a dedicated group of 400 engineers with over 5,600 research and development software engineers to drive innovation and digitization of power management.
- For instance, in June 2021, Wipro consumer lighting offers Smart & Connected led Lighting solutions, best led lighting manufacturer company in India has partnered with Internet of Things (IoT) Solutions Enlighted to deliver smart work places manufacturing smart lights which can be accessed by Ethernet or wirelessly.
- In March 2021, Honeywell International Inc. announced that it had signed a agreement to acquire majority stake in Fiplex Communications, Inc., a U.S.-based company that develops in-building communications systems including bi-directional amplifiers (BDAs) that provide continuous and critical in-building radio coverage in challenging environments to improve the safety of first responders and building occupants.
- In April 2023, Inventronics Inc., a global leader in reliable and innovative LED driver products, announced the successful acquisition of the relevant digital systems business in Europe and Asia Pacific from ams-OSRAM AG, a global leader in optical solutions. This acquisition demonstrates Inventronics Inc.’ commitment to provide exceptional technology and value to its global customer base while leading the transformation to cost-effective, intelligent, connected lighting.
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