We Need to Talk About… LED Lighting!

In the 2011 film "We Need to Talk About Kevin", the mother of Kevin struggles to come to terms with her problem son. Does the Lighting industry also need to come to terms with its own problem child, LEDs?! At the recent Strategies in Light Conference in California, Jed Dorsheimer (acknowledged as one of the 10 most influential people in lighting) warned the audience that the sector is at a crucial junction – and must rapidly embrace change if it is to survive with historic levels of profitability. He said the traditional lighting business was ‘going the way of the dinosaurs’ as the elimination of the replacement market and the rapid commodification of LEDs drove down prices. It was becoming increasingly difficult for investors to see good returns. The Lighting manufacturers have acknowledged for at least the last two years that the “cheaper-lumens business model” doesn’t work well for them and at least three of […]

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