Supporting Growth in the LED Ceiling Light Industry
May 9, 2012
The prevalence of ceiling-mounted lighting based on light-emitting diode (LED) technology is increasing as consumers become more energy-conscious, as the cost of such fixtures continues to drop, and as more styles of these lights are produced. However, given the level of competition present in the lighting industry, the design process involved in creating attractive fixtures, and the relatively limited market for replacement parts, manufacturers of LED ceiling lights must manage their product information efficiently in order to succeed.
The market prospects for the industry is described in a recent blog post entitled “LED Ceiling Light Market Trends”:
“… the selling point of the LED bulb [is that it] has a product life cycle cost [that] is less than … [that of] incandescent bulbs, so the market is able to expand …”
Considering this growth potential, manufacturers of LED ceiling lighting would be well-advised to implement an agile product lifecycle management (PLM) solution that would enable them to find, reuse, and share their product data effectively so that they will be able to quickly react to market trends and maintain their competitive advantage.
Tonya Weikel, May 9, 2012
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very good news! thank for shared.