DialightĄ¯s focus on LED lighting brings substantial revenue
UK-based Dialight has reported total revenue of GBP61.1 million ($95 million), a growth of 65% in LED lighting segment in the first six months of 2012 compared with the same period last year.
Despite the uncertain prospects for the world economy, our strategy of bringing compelling value propositions to sizeable and regulated markets through the application of LED technology continues to drive strong growth in both revenues and profits,” said the company in its financial statement.
Specifically, Dialight’s strategy continues to be a focus on the replacement of lights in heavy industrial and hazardous applications. In these markets, Dialight’s products offer not only energy saving but also reliability, maintenance, safety and the ability to withstand rugged environments.
The company says that its development strategy is “one of utilizing short development cycles to bring enhanced products to market quickly and to enable the earliest use of the most advanced LEDs.” This resulted in the development in the early part of this year of a 170W 17,000-lm high-bay light with an “industry-leading” efficiency of 100 lm/W and the ability to replace a 400W conventional light.
Dialight’s products all carry a comprehensive 5-year warranty, with the expectation of several more years of savings. Improvements in LED technology have opened up the possibility of even longer lifetimes with insignificant changes in light output, the problem being how to ensure that the electronics driving the LEDs are as reliable as the LEDs themselves.
Dialight has recently announced its first product – the 17,000 lumen HighBay – with a guaranteed lifetime of 10 years. This has been achieved through redesign of the power electronics and the selection of high-reliability components for the critical functions of the circuits.
The company also said that the acquisition of Airinet was an important step in its drive to improve the value proposition offered by its products. “We estimate that the efficient use of controls can accelerate the payback on an SSL installation by up to six months. We expect to introduce a comprehensive power line control system to the industrial market by the end of this year,” said the company.
Despite the uncertain prospects for the world economy, our strategy of bringing compelling value propositions to sizeable and regulated markets through the application of LED technology continues to drive strong growth in both revenues and profits,” said the company in its financial statement.
Specifically, Dialight’s strategy continues to be a focus on the replacement of lights in heavy industrial and hazardous applications. In these markets, Dialight’s products offer not only energy saving but also reliability, maintenance, safety and the ability to withstand rugged environments.
The company says that its development strategy is “one of utilizing short development cycles to bring enhanced products to market quickly and to enable the earliest use of the most advanced LEDs.” This resulted in the development in the early part of this year of a 170W 17,000-lm high-bay light with an “industry-leading” efficiency of 100 lm/W and the ability to replace a 400W conventional light.
Dialight’s products all carry a comprehensive 5-year warranty, with the expectation of several more years of savings. Improvements in LED technology have opened up the possibility of even longer lifetimes with insignificant changes in light output, the problem being how to ensure that the electronics driving the LEDs are as reliable as the LEDs themselves.
Dialight has recently announced its first product – the 17,000 lumen HighBay – with a guaranteed lifetime of 10 years. This has been achieved through redesign of the power electronics and the selection of high-reliability components for the critical functions of the circuits.
The company also said that the acquisition of Airinet was an important step in its drive to improve the value proposition offered by its products. “We estimate that the efficient use of controls can accelerate the payback on an SSL installation by up to six months. We expect to introduce a comprehensive power line control system to the industrial market by the end of this year,” said the company.