Wipro Enterprises

Wipro Infrastructure Engineering’s Hydraulics Business enters into a definitive agreement to acquire Mailhot Industries

Retrieved on: 
Thursday, May 9, 2024

Wipro Hydraulics, the hydraulic cylinders and components manufacturing business of Wipro Infrastructure Engineering, announced it has entered into a definitive agreement to acquire Mailhot Industries, a Novacap portfolio company, headquartered in Quebec, Canada, subject to customary closing conditions including regulatory approvals.

Key Points: 
  • Wipro Hydraulics, the hydraulic cylinders and components manufacturing business of Wipro Infrastructure Engineering, announced it has entered into a definitive agreement to acquire Mailhot Industries, a Novacap portfolio company, headquartered in Quebec, Canada, subject to customary closing conditions including regulatory approvals.
  • View the full release here: https://www.businesswire.com/news/home/20240508985521/en/
    Mailhot Industries Facility in Quebec, Canada (Photo: Business Wire)
    Established in 1956, Mailhot Industries has become a North American leader in hydraulic cylinder manufacturing.
  • Mailhot Industries specializes in the refuse trucks and snow removal equipment market and is known for the reliability of their products in demanding work environments.
  • The acquisition also includes JARP Industries, a part of Mailhot Industries and a leader in custom hydraulic and remanufactured cylinders for segments including utilities, mining, defense, and oil & gas.

Stadium Lighting Market to grow by USD 200.48 million from 2022 to 2027 | Market driven by the increase in demand for sustainable stadium lighting - Technavio

Retrieved on: 
Thursday, August 31, 2023

Consequently, the escalating count of stadium construction and upgrades is projected to amplify the need for stadium lighting.

Key Points: 
  • Consequently, the escalating count of stadium construction and upgrades is projected to amplify the need for stadium lighting.
  • Moreover, stadium lighting enriches the stadium experience for viewers and furnishes sports broadcasters with top-notch visuals, especially for slow-motion playback.
  • Thus, the surge in demand for eco-friendly stadium lighting is poised to steer the progress of the stadium lighting market during the forecast period.
  • Key Trends -The increase in the adoption of LED stadium lighting is an emerging market trend shaping the market growth.

Global Smart Lighting and Control Systems Market to Reach $78.8 Billion by 2026

Retrieved on: 
Friday, March 11, 2022

SAN FRANCISCO, March 11, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smart Lighting and Control Systems - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 11, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smart Lighting and Control Systems - Global Market Trajectory & Analytics" .
  • The demand for smart lighting systems is also benefiting from government efforts to promote smart city projects, which focus on adoption of energy efficient and connected, or IoT based lighting systems.
  • Amid the COVID-19 crisis, the global market for Smart Lighting and Control Systems estimated at US$40.5 Billion in the year 2022, is projected to reach a revised size of US$78.8 Billion by 2026, growing at a CAGR of 14.7% over the analysis period.
  • The U.S. Market is Estimated at $9.8 Billion in 2022, While China is Forecast to Reach $11.8 Billion by 2026
    The Smart Lighting and Control Systems market in the U.S. is estimated at US$9.8 Billion in the year 2022.

New Study from StrategyR Highlights a $738.9 Million Global Market for Power over Ethernet (PoE) Lighting by 2026

Retrieved on: 
Tuesday, March 1, 2022

SAN FRANCISCO, March 1, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Power over Ethernet (PoE) Lighting - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 1, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Power over Ethernet (PoE) Lighting - Global Market Trajectory & Analytics" .
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • This segment currently accounts for a 30.9% share of the global Power over Ethernet (PoE) Lighting market.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

LED Lighting Market Research Report 2021 - Global Industry Trends and Growth Forecast to 2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, February 7, 2022

The "LED Lighting Market Research Report - Global Industry Latest Trends and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "LED Lighting Market Research Report - Global Industry Latest Trends and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global LED lighting market 2020 size stood at $55,201.9 million, and it is expected to reach $152,442.3 million by 2030, demonstrating a CAGR of 10.7% from 2020 to 2030.
  • The luminaire category held the larger share in the LED lighting market in the past, under the product type segment.
  • The retrofit category is predicted to exhibit the faster growth in the LED lighting market in the coming years, within the installation type segment.

New Study from StrategyR Highlights a $738.9 Million Global Market for Power over Ethernet (PoE) Lighting by 2026

Retrieved on: 
Wednesday, December 8, 2021

SAN FRANCISCO, Dec. 8, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Power over Ethernet (PoE) Lighting - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Dec. 8, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Power over Ethernet (PoE) Lighting - Global Market Trajectory & Analytics" .
  • Preview Registry
    Power-over-Ethernet is an evolving technology that has been designed for delivering data and power on an Ethernet cable simultaneously.
  • This segment currently accounts for a 30.9% share of the global Power over Ethernet (PoE) Lighting market.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Global LED Lighting Market Revenue to Reach $152,442.3 Million by 2030, says P&S Intelligence

Retrieved on: 
Thursday, October 7, 2021

NEW YORK, Oct. 7, 2021 /PRNewswire/ -- The global LED lighting market 2020 size stood at $55,201.9 million, and it is expected to reach $152,442.3 million by 2030, demonstrating a CAGR of 10.7% from 2020 to 2030.

Key Points: 
  • NEW YORK, Oct. 7, 2021 /PRNewswire/ -- The global LED lighting market 2020 size stood at $55,201.9 million, and it is expected to reach $152,442.3 million by 2030, demonstrating a CAGR of 10.7% from 2020 to 2030.
  • Governments of many countries, such as Indonesia, China, and India, are actively focusing on modernizing their infrastructure, thus pushing up the requirement for LED lighting.
  • Additionally, governments of the U.A.E., India, Austria, China, Spain, and Singapore are making huge investments in smart city projects, which is also propelling the advance of the LED lighting market.
  • The retrofit category is predicted to exhibit the faster growth in the LED lighting market in the coming years, within the installation type segment.

Global LED Lighting Market Revenue to Reach $152,442.3 Million by 2030, says P&S Intelligence

Retrieved on: 
Thursday, October 7, 2021

NEW YORK, Oct. 7, 2021 /PRNewswire/ -- The global LED lighting market 2020 size stood at $55,201.9 million, and it is expected to reach $152,442.3 million by 2030, demonstrating a CAGR of 10.7% from 2020 to 2030.

Key Points: 
  • NEW YORK, Oct. 7, 2021 /PRNewswire/ -- The global LED lighting market 2020 size stood at $55,201.9 million, and it is expected to reach $152,442.3 million by 2030, demonstrating a CAGR of 10.7% from 2020 to 2030.
  • Governments of many countries, such as Indonesia, China, and India, are actively focusing on modernizing their infrastructure, thus pushing up the requirement for LED lighting.
  • Additionally, governments of the U.A.E., India, Austria, China, Spain, and Singapore are making huge investments in smart city projects, which is also propelling the advance of the LED lighting market.
  • The retrofit category is predicted to exhibit the faster growth in the LED lighting market in the coming years, within the installation type segment.

Global Smart Lighting and Control Systems Market to Reach $78.8 Billion by 2026

Retrieved on: 
Friday, August 6, 2021

SAN FRANCISCO, Aug. 6, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smart Lighting and Control Systems - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Aug. 6, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smart Lighting and Control Systems - Global Market Trajectory & Analytics" .
  • The demand for smart lighting systems is also benefiting from government efforts to promote smart city projects, which focus on adoption of energy efficient and connected, or IoT based lighting systems.
  • Amid the COVID-19 crisis, the global market for Smart Lighting and Control Systems estimated at US$35.7 Billion in the year 2020, is projected to reach a revised size of US$78.8 Billion by 2026, growing at a CAGR of 14.7% over the analysis period.
  • The U.S. Market is Estimated at $8.9 Billion in 2021, While China is Forecast to Reach $11.8 Billion by 2026
    The Smart Lighting and Control Systems market in the U.S. is estimated at US$8.9 Billion in the year 2021.