Session 1: The Business of Lighting: Lighting Industry Status and Outlook
Date & Time
Wednesday, February 12, 2020, 11:00 AM - 11:30 AM
The transformation of the industry from legacy products to LED is essentially complete, but the fallout is not. Several companies have changed ownership and still others are for sale. Some companies are gaining market share, while others are flailing.
The global lighting market continues its rapid makeover and the rules of the game are changing. Reid will discuss the underlying economics and dynamics of the market that are being fundamentally altered.
Reid will discuss recent acquisitions and share his thoughts as to the strategy behind those acquisitions. He will discuss the roll of BigChinaLED and current industry tools to combat the price erosion caused by Chinese imports.
In addition, Reid will discuss the tradeshows that support the industry and how they are evolving. He will outline new technologies as well as address niches that can are still quite profitable.