There is a lot of data floating around and it’s hard to figure out which numbers are the most important to the lighting industry. There was good news – during the last week in February, Freddie Mac announced the average 30-year, fixed-rate mortgage dropped below 6% – which many experts predicted would mean home buying…
As the calendar turned, many in the lighting industry said “good riddance” to 2025. It was a rocky road given the impact of tariffs on the project market and product pricing. At the end of the day for most it was a “meh” year from a revenue viewpoint with tariff “inspired” pricing perhaps enabling for flat revenue performance … not a report card that anyone wants to come home with.
Over the past couple of weeks, we’ve solicited the industry input into the pulse of the lighting industry in Q3. We had heard, nationally, and on average, that business was challenging, and, for the most part, that’s what the results came in as. Highlights Included: Overall, while there is uncertainty in the market, it was…
Summertime is over. 3 1/2 months till the end of the year. The race is on to finish strong while beginning to plan for 2026! Tariff decisions were essentially made (maybe!) but, as an industry, everyone adjusts. The construction market, in many areas, appears to be “challenged”, especially the resi and office construction markets. Warehouse…
Our 2024 Q4 Pulse of Lighting report, which also forecasted a slow, but positive, Q1 followed by a more robust 2025 seemingly did not take into account what appears to be a rollercoaster Q1. From early returns to our Q1 2025 Pulse of Lighting survey, some see activity in the marketplace, at least for some of their…
2024 was a challenging year for the lighting industry. Feedback from our Pulse of Lighting respondents consistently revealed a stagnant (and nominally declining) market, which unfortunately continued into Q4. But there is some light at the end of the tunnel! Our Q4 report, which had 234 respondents, shared: Distributors Manufacturers Reps / Lighting Agents Other…
By: David Gordon As the quarter and year comes to a close, it reminds me that it’s time for the Q4 Pulse of Lighting survey. The Q3 survey revealed, essentially, a flat market, based upon input from over 200 industry lighting professionals. Further, they projected a comparable Q4. Did it deliver, exceed, or underperform? The question is,…
Gene Biben December 5, 2023 Leading manufacturers seek to bring new products to market on a regular basis as a means of driving sales. Further, these new products are based upon changes to the NEC (National Electrical Code), safety, productivity, new installation methodologies, or new functionality that they feel will benefit the market. For these companies,…
We sat down with Eric Jerger, VP/GM, Business Segments & Customer Experience at Cooper Lighting Solutions to learn where the market is headed. USLT: What does Cooper Lighting see as the top 3 lighting trends affecting electrical contractors? Eric Jerger: First of all, labor shortages abound. Our rapid-install and spec products, expedited shipping services, and anything…
By David Gordon, founder of Electrical Trends USLT sister publication Electrical Trends’ 2023 Q2 Pulse of Lighting survey revealed a slowing lighting market for most, and it appears that many feel Q3 will slow further for most. But the good news is that, overall, the market is still growing. Highlights from Distributors • According to…
While some areas in construction have slowed, one area that is going strong is the Industrial sector — especially with the funds available for the Inflation Reduction Act (IRA), which provides billions of dollars in incentives, grants, and loans to support new infrastructure investments in the areas of clean energy, transportation, and the environment. For…
By Jessica Brazil, Business Development Manager, UL Solutions Light pollution is becoming more of a hot topic; the deeper we dive in, the more we uncover. A recent BBC article, “How light pollution disrupts plants’ senses,” discussed the impact of streetlights on moths’ behavior. We are just beginning to understand the effects of lighting on…
According to David Gordon, founder of Electrical Trends, Channel Marketing Group, and principal of US Lighting Trends, the latest lighting statistics point to a gradual slowdown in what has been a super-robust market for some years. Gordon states, “Late last month Channel Marketing Group conducted its Q1 Pulse of Lighting study. Over 225 individuals…
Parks Associates released a new white paper Energy, Security, Automation: Converging into Peace of Mind that explores the convergence between security, home automation, and home energy solutions. The data revealed 16% of households currently have a smart thermostat, and while only 5% of internet households own an electric vehicle (EV) today, purchase intentions are growing. …
With all of the publicity surrounding ChatGPT in the news media, David Gordon, founder of our sister resource Electrical Trends, decided to “chat” about lighting and find out just how much a machine could accurately determine about the industry. A Lighting Chat With Chat By David Gordon ChatGPT is all the rage lately. People are…
According to The Employee Experience, a newly released study by HR Advisory & Research firm Future Workplace, more than 50% of the 1,614 North American employees surveyed said natural light and views of the outdoors were their most important office perks, edging out benefits such as on-site childcare, cafeterias, medical care, and fitness centers. Key…