The global LED lighting market size was valued at $45.57 billion in 2018, and is projected to expand at a CAGR of 11.8% by 2025, according to a report published by Grand View Research, San Francisco.

Dialight, Farmingdale, N.J., expanded its MicroLED surface-mount indicator line with three new products designed for high-performance and reliability in electronics, networking, automation and handheld device applications.

IDEAL INDUSTRIES, Inc., Sycamore, Ill., acquired the lighting products business unit of Cree, Inc., Durham, N.C.

Heliospectra, Chicago, introduced the new ELIXIA model, featuring a high input voltage ranging from 277- 480VAC power supply for software-controlled LED light solutions.

As companies look to optimize overall energy and cost efficiency, productivity and performance, industrial LED fixtures are becoming a more effective, sustainable and safer alternative.

Dialight, Farmingdale, N.J., launched IntelliLED Connected Industrial Lighting Platform, a wireless controls solution for heavy industrial lighting applications.

Dialight, Farmingdale, N.J., launched its new 72,000 lumen Vigilant High Output High Bay fixture, designed to deliver optimum illumination at mounting heights above 60 feet.

Foreverlamp, Torrance, Calif., launched new Industrial J Series featuring a fan-less cooling system for harsh environments.

Since LED technology is versatile, uses less energy compared to other lighting technologies and maintains safe illumination levels, it enables operations involved with refrigeration systems of any size to gain the benefits that the ever-improving LED lighting technology provides.