In this Research Note, we examine the lighting business of Signify, based on their 2021 annual results, investor presentations and lighting technology-related activities throughout 2021. Signify, headquartered in Eindhoven, the Netherlands, is the global market leader in energy-efficient lighting systems and services. The business, employing 38,000 people in 74 countries, reported 2021 sales of EUR 6,860 million and operational profitability […]
Picking just the low-hanging fruits of green efficiency is not enough to make real progress in the fight against climate change. The phasing out of incandescent lighting for LED technology was relatively easy considering the lifespan of light bulbs is measured in months. The ongoing transition to electric mobility is a greater challenge with vehicles […]
“BIoT technology penetration for small and medium-sized commercial buildings is well behind the curve in terms of adoption. This situation is largely a consequence of the business models and economic imperatives that have historically driven the building controls market,” our report on the IoT in smart commercial buildings stated. “Although the cost of building controls solutions is […]
While lighting makes up 95% of Acuity Brands Inc revenue (they are now the largest lighting manufacturer in North America) it is their Intelligent Spaces Group (ISG) business segment that focuses on smart buildings technology. In this research note, we examine their recently published 2021 Annual Report. Acuity’s ISG business segment offers building management systems […]
Investment in Smart Glass Startups are Accelerating the Adoption of Building Integrated Photovoltaic (BIPV) Technology.
“Every office I’ve ever worked in has had lighting that’s made me feel varying degrees of insane and depressed. To be clear, I’m not speaking specifically about the New York Magazine office lighting — our combo of LED overhead and natural light is not uniquely bad, but it is definitely bad in the way that […]
Human-Centric Lighting (HCL) has been part of the smart building discussion for some years now but its implementation has so far been limited to only the most advanced facilities. While the biological benefits of the technology are proven, the technical and financial elements required for the widespread implementation of HCL in a broad spectrum of […]
COVID-19 has focused the world’s attention on health, this is especially true for commercial buildings that have seen significantly reduced, and often zero, occupancy for much of the past year. Cleaning and contactless technologies have taken center stage in the fight against virus transmission to comply with new regulations and encourage workers back to the […]