Sapphire Industry Watch – January 16

  • Gilbert couple creates anti-collision device for motorcycles – East Valley Tribune: Designed to increase the visibility of motorcyclists on the road, Lightning Strike is an anti-collision system that flashes LED lights when the rider presses a button on his or her handle bar. The goal is to alert drivers that there is a motorcycle present. Along with the Lightning Strike, the company also offers the Flash Back which rapid-blasts light when the rider applies the brakes. Behind the business venture is a retired couple from Arizona who hope their products will decrease the number of vehicle collisions.
  • Ten Lighting Trends to Watch in 2015 – Novus Light: According to the IHS technology research team, 2015 could bring improved margins for major global lighting companies as well as lower product prices for consumers. Greater implementations of Li-Fi pilot projects, growth of the Chinese LED industry and larger city-wide smart street lighting installations are just a few of the predictions expected to happen within the lighting and LED industry in the coming year.
  • LED lighting market in Japan to grow at 17.73% CAGR to 2019 – Semiconductor Today: Technavio’s report forecasts growth in the LED lighting market in Japan at a CAGR of 17.73 percent  over the next four years. The LED lighting market is defined in the report by three application segments- automotive LED lighting, LED backlighting and general LED lighting- and the anticipated growth of the market is primarily attributed to the declining average selling price of LED light bulbs.
  • Empire State Building honors Ohio State title win – FanSided: The Empire State Building honored the Ohio State Buckeyes’ National Championship win over the Oregon Ducks by lighting up the top of the tower with the university’s colors, scarlet and gray. Made possible by LEDs, it is customary for the Empire State Building to light up in various colors to represent different events, holidays or causes.