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The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
EU Directives and Technology Developments are Driving the Return to Growth
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New energy-efficient luminaires allow luminaires' manufacturers to tap into opportunities both in the replacement market and fresh installations. The European Union (EU) directives aid the growth of this market, supplemented by EU initiatives, partnerships, and funded technical pilot projects. These benefit the companies in this space to strategically position themselves in the market and win projects. Educating the customers on the return on investment from advanced luminaires against the initial cost of investment is the key challenge for these companies. Market forecast is provided for high growth opportunities in the outdoor and institutional end-user segments.
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