Award Recipients are Top Environmental Performers and Leaders for Freight Supply Chain Efficiency

SHELTON, Conn., Sept. 25, 2024 /PRNewswire/ — Edgewell Personal Care Company (NYSE: EPC) has received the SmartWay® Excellence Award from the U.S. Environmental Protection Agency, as a true industry leader in freight and supply chain environmental performance, and energy efficiency. Edgewell was one of 18 shipper companies to receive this distinction, representing the best environmental performers of SmartWay’s more than 4,000 Partners. 

Edgewell has earned this recognition through its deliberate efforts to better optimize and manage distribution. In fact, 94% of Edgewell’s U.S. shipping by volume and distance was completed by U.S. EPA SmartWay® carriers during FY23 (versus a peer average of 80%). Additionally, Edgewell works to maximize truckloads and consolidate shipments in order to reduce the number of trucks going to any one customer – thereby making fewer, fuller journeys and reducing the total freight miles traveled.

Paul Hibbert, Edgewell’s Chief Supply Chain Officer stated, “This award, recognizing Edgewell for its efficiency in Supply Chain Operations is a testament to our teammate’s steadfast dedication to bettering our operations. While there’s always room for continued improvement and innovation, I’m so proud of the work our team has put forth to get us to this point and am looking forward to the continued growth and innovation that lies ahead of us.”

Amy Knight, Vice President of Global Sustainability said, “Optimizing our logistics is an important focus of our business strategy and also helps to advance our sustainability objectives. Being recognized as one of the top environmental performers for our operations is a meaningful moment for Edgewell and illustrates how sustainability can be a true business enabler.”

To read more about Edgewell’s sustainability commitments and its most recent sustainability report, visit https://edgewell.com/pages/sustainability.

About Edgewell Personal Care

Edgewell is a leading pure-play consumer products company with an attractive, diversified portfolio of established brand names including Schick® and Wilkinson Sword® men’s shaving products; Schick® and Billie® women’s shaving products; Edge® and Skintimate® shave preparations; Playtex®, Stayfree®, Carefree® and o.b.® feminine care products; Banana Boat® and Hawaiian Tropic® sun care products; Bulldog®, Jack Black® and Cremo® grooming products; Fieldtrip™ skin care products; and Wet Ones® hygiene products. The Company has a broad global footprint and operates in more than 50 markets, including the U.S., Canada, Mexico, Germany, Japan, the U.K. and Australia, with approximately 6,800 employees worldwide.

About SmartWay
EPA’s SmartWay Transport Partnership is a market-driven initiative that empowers businesses to move goods in the cleanest, most energy-efficient way possible, while protecting public health and reducing air pollution. Demonstrating a commitment to corporate sustainability and social responsibility through SmartWay provides for a more competitive business environment, while enabling partners to make freight decisions that have a positive impact on efficiency and the environment.

Since 2004, SmartWay Partners have avoided emitting more than 162 million metric tons of CO2, 2.8 million tons NOX, and 114,000 short tons PM, while saving $52.3 billion in fuel costs and 379 million barrels of oil — equivalent to eliminating annual energy use in over 25 million homes.

For more information on SmartWay, please visit: www.epa.gov/smartway/

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SOURCE Edgewell Personal Care Company

NEW YORK, Sept. 25, 2024 /PRNewswire/ — Report with the AI impact on market trends – The Global Commercial Airport Lighting Market size is estimated to grow by USD 140.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 3.68%  during the forecast period. Growth in air traffic is driving market growth, with a trend towards shift from using conventional incandescent lights to LED and solar-powered LEDs  However, increasing competition  poses a challenge – Key market players include Abacus Lighting Ltd., ADB Safegate BV, Airport Lighting Specialists, Amglo Kemlite Laboratories Inc., Astronics Corp., Atg airports Ltd., Carmanah Technologies Corp., Eaton Corp. Plc, Halliday Lighting Ltd., Honeywell International Inc., OCEM Airfield technology, OSRAM Licht AG, Sealite Pty Ltd., Siemens AG, Signify NV, SPX Technologies Inc., TKH Group NV, Tungsram Operations Kft, Velocity Airport Solutions, and Vosla GmbH.

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Market Driver

LED lighting is a cost-effective and energy-efficient solution for commercial airport lighting. Compared to traditional halogen, fluorescent, and incandescent lights, LED lights use approximately 50% less electricity and can last up to 30,000-50,000 hours or more. LED lights provide instant 100% brightness and do not emit infrared radiation or ultraviolet radiation. Solar LED lighting, which converts sunlight into electrical energy, is an eco-friendly alternative. Airports are transitioning from conventional lighting systems due to LED lights’ extended lifespan, low maintenance, and environmental benefits. Solar LED lighting offers better visibility, improved light output, and is free of hazardous materials like mercury. This shift towards LED and solar LED lighting is expected to save airports substantial electricity costs and drive market growth.

The Commercial Airport Lighting Market is experiencing significant growth due to increasing passenger traffic and the modernization of airport infrastructure. Airport operators are focusing on innovative lighting systems, such as solar power LEDs, to reduce energy consumption and carbon emissions. Existing airports are under pressure to expand and reach full capacity, leading to a decline in the use of conventional incandescent lights and an emphasis on LED lighting for both terminal buildings and airfield lighting. New airports and construction projects are also adopting LED-based airfield lighting and wireless power concepts. Preventive maintenance is a priority to ensure airport connectivity and maintain a healthy rate of growth. The aviation industry’s expanding capacity, especially in large and civil airports, is driving the market’s accelerating growth. Small airports are also experiencing rapid growth, and subsidies may be necessary to meet the increasing demand for civil aviation capacity. Ground traffic and aircraft infrastructure are also key considerations in airport lighting strategies. 

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Market Challenges

The commercial airport lighting market is experiencing heightened competition due to the entry of new players and technological advancements. Established companies face pricing pressures and shifting market dynamics, necessitating continuous innovation and improvement to maintain market share. Investment in research and development is crucial to stay competitive and meet evolving customer demands. Operational efficiency and cost reduction are also essential for success. Failure to address these challenges may result in decreased profitability and market dominance. Consequently, vendors must continually enhance their offerings to stay ahead of the competition. This competitive landscape is anticipated to present a significant challenge for the commercial airport lighting market during the forecast period.The Commercial Airport Lighting Market is experiencing growth due to increasing passenger traffic and the emphasis on expanding existing airports and constructing new ones. However, challenges such as the decline of conventional incandescent lights and the need for energy-efficient LED-based airfield lighting, wireless power concepts, and preventive maintenance are putting pressure on the aviation strategy. Existing airports are reaching full capacity, requiring funds for construction and connectivity. The rapid growth of small airports and the surge of energy consumption in Airside lighting call for a focus on energy-efficient solutions like energy-efficient LED lighting. The installation and maintenance of these systems present challenges, but built-in intelligence, retrieval of data, and performance prediction can help streamline airport operations. The market is accelerating with a healthy rate, with large civil airports and civil aviation capacity at the forefront. Subsidy standards and ground traffic are also factors to consider in this expanding market.

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Segment Overview 

This commercial airport lighting market report extensively covers market segmentation by  

Product Type1.1 LED lighting1.2 Non-LED lightingApplication 2.1 Landside2.2 Airside2.3 Terminal sideGeography 3.1 APAC3.2 Middle East and Africa3.3 Europe3.4 North America3.5 South America

1.1 LED lighting-  The global commercial airport lighting market is witnessing significant growth, with LED lighting being the largest segment in 2023. This trend is projected to continue, as LED technology’s energy efficiency is driving the transition from traditional lighting. LED lights offer numerous benefits, including longer lifespan, lower energy consumption, and reduced maintenance requirements. At airports, LED lighting is used extensively for runways, taxiways, aprons, terminals, and parking lots. The energy savings and safety advantages of LED lights make them an attractive choice for airport operators. With a lifespan of over 50,000 hours and 90% less power consumption compared to incandescent bulbs, LED lighting is a cost-effective and reliable solution for airport lighting needs.

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Research Analysis

The Commercial Airport Lighting Market is experiencing significant growth due to increasing passenger traffic and the modernization of airport infrastructure. Airport operators are investing in advanced airport lighting systems to enhance safety, improve connectivity, and provide better passenger experience. Existing airports are under pressure to expand and reach full capacity, leading to the construction of new terminals and runways. Energy consumption is a major concern, with the shift from incandescent lights to solar power LEDs reducing energy consumption and maintenance costs. Preventive maintenance is essential to ensure the longevity of these systems. Revenues in the market are expected to decline in the short term due to the impact of the COVID-19 pandemic on air travel. However, the long-term outlook remains healthy, driven by aviation strategy and funds allocated for airport expansion projects.

Market Research Overview

The Commercial Airport Lighting Market is experiencing accelerating growth due to increasing passenger traffic and a focus on modernizing airport infrastructure. Airports are emphasizing the use of innovative lighting systems, such as LED lighting and LED-based airfield lighting, to reduce energy consumption and carbon emissions. Existing airport infrastructure is being upgraded with energy-efficient LED lighting for passenger service areas and airside lighting. Wireless and contactless power concepts are gaining popularity for installation and maintenance challenges. Preventive maintenance is crucial to ensure the longevity of these systems. The decline in conventional incandescent lights is a short-term trend, as funds for airport construction and expansion continue to be a pressure point for airport operators. New airports and civil airports are expanding to meet civil aviation capacity standards, while small airports experience rapid growth. The busiest airports are investing in advanced lighting systems to streamline airport operations and improve connectivity. The market is expected to continue its healthy rate of growth in the coming years.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Product TypeLED LightingNon-LED LightingApplicationLandsideAirsideTerminal SideGeographyAPACMiddle East And AfricaEuropeNorth AmericaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

CALGARY, AB, Sept. 25, 2024 /CNW/ – Bow Valley College unveiled its much anticipated 70-seat esports arena Wednesday as a new hub for competition, innovation, and game development.

The arena is the first in Calgary and features 40 competition ready gaming stations, two full motion-rigged racing simulators, a state-of-the-art broadcast suite, and a dedicated varsity esports training room.

“We’re proud of the facility we’ve created here, but even more proud of the contribution it will make to the future of Calgary’s esports and digital entertainment industry,” says Dr. Misheck Mwaba, President and CEO of Bow Valley College. “We exist to give students the skills they need to take their talents and dreams and apply them to careers that grow our province.”

The new 3500sq. ft (325sq. m) arena in Bow Valley College’s South Campus holds over $1 million in state-of-the-art technology, and can be used to host tournaments, test game play and as a workspace for the college’s accelerator programs.

“The facilities that come together here will allow students in our Esports Business Management Program to get hands on experience in all aspects of the business, including broadcasting,” says Eddie Sargent, Associate Dean of the Chiu School of Business.

Bow Valley College’s Digital Entertainment Nexus received $5.5 million in funding from Opportunity Calgary Investment Fund in 2023, money that was separate from the esports arena, but allows the training of 675 people and growth of 125 companies by 2028, supporting Canada’s $5.5 billion gaming industry.

“Calgary’s game development community has been building mass for years,” says Mike Lohaus, Manager of Bow Valley College’s Digital Entertainment Nexus. “It’s inevitable that before long, some team of creators will hit it big. This space means students don’t have to leave the province to succeed in esports.”

The esports arena project was funded by the college and forms a key pillar of the Alberta Esports Strategy.

“The opening of this arena is a game-changing moment, igniting a wave of growth and investment in Calgary’s digital media and entertainment arts sector,” says Luke Azevedo, Vice-President – Creative Industries, Operations and Film Commissioner with Calgary Economic Development. 

OCIF’s investment will enable access to cutting-edge programs in 3D animation, game development, esports, virtual reality, podcasting and more. This strategic funding is set to drive innovation, expand career opportunities, and foster entrepreneurial ventures in the creative sector, while also serving as a catalyst for economic growth and diversification across the region.

“We’re driving disruptive growth by thinking beyond traditional industries. The opening of BVC’s esports arena is a prime example of how we’re fostering innovation and capturing investment in sectors that are reshaping the future of our economy,” said Brad Parry, President and CEO, Calgary Economic Development and CEO, OCIF.

About Bow Valley College

Bow Valley College is the largest college in the Calgary area, with over 15,000 students. We focus on preparing our graduates for in-demand jobs across Canada. Our graduates contribute to the economy and community through careers in business, entertainment arts, technology, health care, social services, and more. We are proud to be named one of Alberta’s Top 80 employers and one of Canada’s Top 50 research colleges. Our innovative applied research, focused on health and health technology, educational technology, and social innovation, is helping shape the future of college education. Learn more about the opportunities we create for students, employees, and our province at bowvalleycollege.ca.

Esports Arena Fact Sheet

The arena cost approximately $5 million to build and equip, including $1 million in computer, simulator and broadcast technology. Direct funding came from Bow Valley College’s capital improvement and reserve fund budgets.The esports arena is approximately 3500sq. ft (325sq. m)There are 40 individual gaming stations connected with 10,500 ft of cable – roughly 3.2kms.Holds up to 70 people for events with additional large screen spectator space in the adjacent Market areaIncludes a variety of accessibility devices to enable maximum inclusionState-of-the-art broadcast booth allows game play, commentary/analysis and live shots from the arena to be streamed or broadcast anywhere in the world in real timeSeparate, fully integrated Shoutcast boothCutting edge, highly intense immersive driving simulator offers a hyper-realistic experience that mimics real-world driving conditions with stunning precision.Dedicated training room for team play, coaching and coordinationThe arena will be used by Bow Valley College’s Accelerator program, supporting a minimum of 18 companies each year in building their products and services, and taking ideas to market. Currently there are 20 businesses enrolled in the Fall 2024 accelerator term.Accelerators can include game developers, content creators, coaching and league businesses

SOURCE Bow Valley College