In the last two years, at least 20 Italian design furniture manufacturing companies have been subjects of takeover by industrial groups. FontanArte being acquired by the Italian Creation Group is just the last example of a trend that has been changing the Italian design landscape.
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On October 6th, Aurelio Volpe presented the main findings of CSIL's last research on the state of LED market worldwide: the seventh edition of "LEDs and the worldwide market for lighting fixtures" . Now, they are available for free the slides of his whole presentation.
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The US market for lighting fixtures has completely recovered from the economic crisis: in 2015, production finally overcame the pre-crisis level. On the other hand, the growth of consumption (+7.6% in 2015) was entirely driven by professional segment; the residential one continued to register negative performances.
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The Chinese lighting fixtures market faced its first setback: in 2015, it recorded a growth rate of only 2%. Figures suggest that at least 500 small and medium enterprises failed. The downturn was mostly due to a decline in the project channel, while the traditional distribution system remained stable.
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Over the last years, the market for lighting fixtures in Europe has completely changed due to major technological advances. LEDification, consolidation in production and changes in consumption are some of processes that led to its transformation.
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