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Lighting Market size to increase by USD 62.8 Billion between 2024 to 2029, Market Segmentation by Application, Type, Geography, Technavio

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NEW YORK, Jan. 8, 2025 /PRNewswire/ — The global lighting market size is estimated to grow by USD 62.8 billion from 2025 to 2029, according to Technavio. The market is estimated to grow at a CAGR of 7.4% during the forecast period. The report provides a comprehensive forecast of key segments below- 

Segmentation Overview

Application 1.1 General lighting1.2 Automotive lighting1.3 BacklightingType 2.1 LED technology2.2 Traditional technologyGeography 3.1 APAC3.2 Europe3.3 North America3.4 Middle East and Africa3.5 South America

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1.1 Fastest growing segment:

The general lighting market encompasses various lighting solutions including lamps, electronics, consumer luminaires, systems, and professional luminaires and systems. This segment is the most widely used in residential, commercial, and industrial applications such as homes, offices, factories, streets, stadiums, and theaters. Market leaders like Signify NV, OSRAM, and IDEAL INDUSTRIES Inc’s Cree dominate this segment. The introduction of LED technology has significantly boosted the general lighting market. LEDs offer several advantages over traditional lighting sources, including low maintenance cost, long lifespan, energy efficiency, and eco-friendliness. The continuous price reduction of LEDs further enhances their appeal. Developed countries are witnessing the trend of connected lighting, where lighting fixtures can be controlled via smartphones. Although not yet mainstream, this innovation will add a new dimension to the general lighting segment, contributing to the growth of the global lighting market.

Analyst Review

The lighting market encompasses various applications of light for interior designing, photography, and scientific research. LED lights have revolutionized the industry with their energy efficiency and long lifespan, replacing traditional incandescent bulbs and Compact Fluorescent Lights (CFLs). Scientists continue to explore the properties of white light, impacting electricity consumption and energy costs. Metals play a crucial role in lighting production, while electricity is the primary power source. LEDs are not just limited to residential and commercial use but also extend to automotive headlamps, aviation, advertising, and traffic signals. The Biden Harris Administration’s focus on energy efficiency and sustainability further boosts the market growth. The Color Rendering Index (CRI) is a critical factor in evaluating the quality of light for various industries, including horticulture and medical devices. Building automation systems, HVAC, security, and smart lighting solutions are integral components of modern infrastructure. LED lighting and CEA systems are at the forefront of innovation, offering advanced features and energy savings. Camera flashes and lighted wallpapers cater to niche markets, while the horticulture sector benefits from specialized grow lights.

Market Overview

The lighting market encompasses various applications, from interior designing and photography to scientific research and automotive industries. Lighting solutions range from LEDs to traditional incandescent, CFL, LFL, HID, and halogen bulbs. Scientists continue to innovate, developing energy-efficient luminaires and light control systems. Plants and urban cities benefit from LEDs, while developing and under-developing nations explore off-grid solar sector solutions. Effective manufacturers produce cost-effective, energy-efficient LED fixtures for residential and commercial sectors, including houses, malls, stores, restaurants, hospitals, schools, parking lots, and real estate. Solar and semiconductor industries play crucial roles in reducing electricity consumption and environmental degradation. Smart LED bulbs and outdoor lighting systems, along with building automation systems, HVAC, and security, contribute to energy efficiency and environmental sustainability initiatives. The Biden Harris Administration smart cities, energy efficiency, and environmental sustainability, while various industries, including aviation, advertising, and medical devices, utilize specialized lighting solutions.

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Key Topics Covered:

 1 Executive Summary
 2 Market Landscape
 3 Market Sizing
 4 Historic Market Size
 5 Five Forces Analysis
 6 Market Segmentation
 7 Customer Landscape
 8 Geographic Landscape
 9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor 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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Nadcab Labs Launches 25-Day Wallet Development Guarantee for Decentralized Finance

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PRAYAGRAJ, India, Jan. 10, 2025 /PRNewswire/ — As decentralized finance (DeFi) continues to redefine the global financial landscape, the demand for secure and efficient DeFi wallets has skyrocketed. Nadcab Labs, a leader in blockchain innovation, is meeting this demand with its 25-day DeFi wallet development guarantee. This game-changing service ensures businesses can launch fully operational wallets rapidly, with a promise of a 10% discount if the timeline is not met. It offers a comprehensive DeFi wallet development service designed to empower businesses with fast, secure, and customizable solutions for the decentralized finance ecosystem. With a focus on rapid delivery, Nadcab ensures that clients can launch their wallets in just 25 days, gaining a competitive edge in the fast-evolving DeFi space.

The key benefits of Nadcab’s DeFi wallet development include rapid market entry, tailored solutions to meet specific business and user needs, advanced protection through encryption and multi-signature capabilities, and compliance support to navigate complex regulatory landscapes.

Additionally, they provide seamless user experiences with intuitive UX/UI designs, multi-chain compatibility for interoperability, and scalability to accommodate growing demands. To achieve such rapid development, they employ a modular architecture with pre-built components, an experienced team of blockchain experts, an agile methodology for iterative testing and deployment, and advanced toolsets to ensure precision and efficiency in every project.

“Nadcab Labs is redefining how DeFi wallets are developed. With our rapid delivery model and commitment to quality, we’re empowering businesses to capitalize on opportunities in the decentralized finance market,” said Aman Vaths, CEO of Nadcab Labs. “The 10% discount guarantee reflects our confidence in meeting deadlines without compromising on excellence.”

About Nadcab Labs

Nadcab Labs is a globally recognized blockchain consulting and development company specializing in DeFi, tokenization, and cryptocurrency solutions. The company’s mission is to drive innovation, scalability, and security in the decentralized economy.

For more information about Nadcab Labs’ DeFi Wallet Development services, visit www.nadcab.com.

Media Contact: Aman Vaths
Founder: Nadcab Labs
Email: info@nadcab.com
Phone: +91 8081059613

Social Media Links
Facebook – https://www.facebook.com/nadcablabs
Twitter – https://twitter.com/nadcablabs
LinkedIn – https://www.linkedin.com/company/nadcablabs
Instagram – https://www.instagram.com/nadcablabs/
YouTube – https://www.youtube.com/@nadcablabs

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GTPL Hathway Reports Stable Performance in Q3 FY25

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AHMEDABAD, India, Jan. 10, 2025 /PRNewswire/ — GTPL Hathway Limited, India’s largest Digital Cable TV Service Provider and a leading Broadband Service provider, announced its Financial Results for the Quarter ended December 31, 2024

Key Financial Highlights: 

Key Consolidated Business & Financial Highlights: Q3 FY25 (Y-o-Y)                                                                   

Q3 FY25 Total revenue stood at ₹ 8,957 million, a  growth  of  4%  Y-o-YEBITDA for Q3 FY25 stood at ₹ 1,138 million with an EBITDA Margin of 12.7 % and an operating EBITDA margin of 21.8%.Q3 FY25 Profit After Tax stood at ₹ 102 million.

 

Particulars (₹ in million)

Q3 FY25

Q3 FY24

Q2 FY25

FY24

Digital Cable TV Revenue

3,024

3,249

3,129

12,604

Broadband Revenue

1,383

1,352

1,367

5,268

TOTAL Revenue

8,957

8,607

8,620

32,460

EBITDA

1,138

1,305

1,138

5,111

EBITDA Margin (%)

12.7 %

15.2 %

13.2 %

15.7 %

Operating EBITDA* (%)

21.8 %

24.2 %

21.8 %

24.4 %

Profit After Tax

102

238

129

1,069

*Operating EBITDA (%) = (EBITDA net of Activation & Other income) / (Subscription+ ISP + Other Operating income)

Operational Highlights

Digital Cable TV

Active subscribers were 9.60 Mn as of December 31, 2024, with an increase by 200K Y-o-YPaying subscribers stood at 8.90 Mn, increasing by 200K Y-o-YTotal subscription revenue from Cable TV stood at 3024 Mn

Broadband

Increase in broadband subscribers by 37 K Y-o-Y thus standing at 1042 KHomepass as on December 31, 2024, stood at 5.95 Mn – an addition of 350 K Y-o-Y. Of the 5.95 Mn, 75% available for FTTX conversionBroadband average revenue per user (ARPU) stood at ₹ 465 per month per subscriber for the quarter, increased by ₹ 5 Y-o-Y.Average data consumption per user per month was 365 GB, an increase of 6% Y-o-Y

Commenting on the results, Mr. Anirudhsinh Jadeja – Managing Director, GTPL Hathway Limited said, 

“GTPL continues to consistently grow subscriber base across both business divisions, reflecting our commitment to provide best in class and innovative products and services to our customers. Our focus on providing a holistic experience for our subscribers has enabled us to maintain our position as the largest MSO in the country. We are confident of our growth in upcoming quarters in both the business segments based on favorable industry dynamics towards continued consolidation. “

About GTPL Hathway Limited

GTPL Hathway Limited is India’s largest MSO providing Digital Cable TV services and is one of the largest Private Wireline Broadband service providers in India. The Company is the largest Digital Cable TV and Wireline Broadband Service Provider in Gujarat & is a leading Digital Cable TV Service provider in West Bengal. The Company’s Digital Cable TV services reach 1,500 plus towns across India in 23 states. The company enjoys an expansive network, comprising over 47,000+ business partners, 200+ broadcasters, 1,750+ enterprise clientele, and active participation in 30+ government projects. The company offers an enviable catalogue of 970+ TV Channels with 130+ channels which are GTPL Owned & Operated Platform Services. As on December 31, 2024, the Company has 9.60 million Active Digital Cable TV Subscribers and 1.04 million Broadband Subscribers and a Broadband Home-pass of about 5.95 million.

Safe Harbor

Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labor relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs.  The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

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MotivatedSellers.com Launches Enhanced Platform for Real Estate Investors

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MotivatedSellers.com, formerly NeedToSellMyHouseFast.com, unveils its rebrand with a streamlined platform, real-time lead delivery, a new mobile app, and compliance updates to enhance transparency and efficiency for real estate investors.

AVENTURA, Fla., Jan. 9, 2025 /PRNewswire-PRWeb/ — NeedToSellMyHouseFast.com, a trusted name in motivated seller lead generation for real estate investors, is thrilled to announce its official rebranding to MotivatedSellers.com. This strategic move reflects the company’s growing commitment to delivering high-quality, real-time leads for real estate professionals, while offering robust support and innovative features to maximize deal-closing potential.

We’re here to deliver a direct, straightforward experience that lets real estate professionals and motivated sellers find each other quickly and efficiently.

“We’ve always believed that a great service deserves a great name,” said Sarah Moalem, Customer Success Manager at MotivatedSellers.com. “Our previous name, NeedToSellMyHouseFast.com, accurately described our service but was cumbersome—try spelling out ‘leads.needtosellmyhousefast.com’ over the phone. MotivatedSellers.com is not only simpler and easier to remember, but it also perfectly reflects our core mission of connecting real estate investors with motivated sellers.”

Introducing MotivatedSellers.com

MotivatedSellers.com is a lead generation service connecting motivated sellers directly to real estate investors, flippers, and agents seeking off-market opportunities. By leveraging advanced marketing strategies across multiple channels, the platform ensures a consistent flow of high-quality leads. Key highlights include:

Pay-Per-Lead Model: Pay only for good leads. With our generous return policy, you can dispute leads that don’t meet key criteria—such as being listed on the MLS, no-response leads, or mobile home leads—within 10 days for a return or credit.Real-Time Lead Delivery: We deliver leads as soon as they come in, ensuring you’re first in line to contact motivated sellers. While we don’t pre-vet each lead (to ensure speed and freshness), our 10-day dispute window covers invalid leads under our policy.Omnipresent Marketing Approach: Our team uses cutting-edge techniques and constant ad rotation to avoid ad fatigue, so you can focus on what you do best: closing deals. We advertise across multiple channels and refine our campaigns based on performance data.New Mobile App: Access, track, and manage your leads from anywhere with our mobile app. Get push notifications for new leads, so you never miss a hot opportunity.

Existing customers can log in seamlessly using their current credentials at motivatedsellers.com/leads. To ensure compliance with new FCC regulations and provide sellers with the confidence to connect, all users are required to update their Display Name, Display Photo, and Display Company—details sellers will see before granting consent for contact.

This simple update is essential to streamline the user experience for both sellers and investors while aligning with our commitment to transparency and regulatory compliance.

Future Features and Improvements

High-Motivation Alerts: If a seller resubmits their information, we’ll send you an alert indicating a potentially higher level of motivation. You won’t be charged for duplicate leads.New Appeal Process: While we strive to make fair decisions on all lead disputes, we recognize that mistakes can happen. Soon, you’ll have a one-time appeal process to challenge a denied dispute.Compliance Upgrades: MotivatedSellers.com is moving to a 1-to-1 consent model, aligning with new FCC guidelines. Sellers will see your name or company name before submitting information, granting you explicit consent to contact them.Improved Affiliate Program: We’re revamping our affiliate program with enhanced reporting and new marketing materials. In addition, commissions will shift from PayPal to direct deposit or lead credits—offering greater flexibility and convenience.

Why the Rebrand?

As the platform and its community of investors have grown, the company recognized that NeedToSellMyHouseFast.com—though descriptive—didn’t fully capture the essence of connecting investors with highly motivated sellers. Moreover, the lengthy domain name was often unwieldy and difficult to communicate. By transitioning to MotivatedSellers.com, the company can reinforce its core mission, simplify user onboarding, and ultimately provide a more memorable brand that resonates with both new and existing clients.

The name MotivatedSellers.com aligns perfectly with our vision,” added Sarah. “We’re here to deliver a direct, straightforward experience that lets real estate professionals and motivated sellers find each other quickly and efficiently.

To support the announcement, MotivatedSellers.com has prepared a comprehensive Press Kit. This kit includes the company’s updated logo, brand guidelines, and other assets that journalists and bloggers can easily reference when covering the brand.

About MotivatedSellers.com

Formerly NeedToSellMyHouseFast.com, MotivatedSellers.com has been a leading resource in off-market real estate for investors nationwide. We pride ourselves on delivering real-time, high-quality leads backed by a fair return policy, a dedicated mobile app, and a highly effective, omnipresent marketing strategy. Our mission is to simplify the process of finding and contacting motivated sellers, allowing real estate professionals to focus on what matters most: closing deals.

Media Contact
David Saba, MotivatedSellers.com, 1 (305) 771 1557, press@motivatedsellers.com, MotivatedSellers.com

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SOURCE MotivatedSellers.com

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