NetworkNewsWire
Editorial Coverage: LED technology is among the most
sustainable, environmentally friendly and cost-efficient means of
lighting. Urban planners predict it will rank among innovations
that have the most profound effect on city infrastructure
development, and companies like AV1 Group, Inc. (AVOP)
(AVOP
Profile), Revolution Lighting Technologies, Inc. (RVLT),
Research Frontiers, Inc. (REFR), Energy Focus, Inc. (EFOI)
and Acuity Brands, Inc. (AYI) are actively working
on urban lighting solutions. Apart from transforming city lights,
LED and smart technologies have also found applications in
education, the military industry and intelligent residential
needs.
Sustainable urban illumination is no longer a dream. The
incandescent light bulbs historically used in city projects are
breakable, generate a lot of heat and waste significant amounts of
energy. But many cities and industry representatives have been able
to switch to greener solutions over the past few years.
An emerging leader in the Smart Cities/LED lighting industry and
in several verticals within the legal cannabis industry,
AV1 Group, Inc.
(AVOP) is committed to providing state-of-the-art,
innovative lighting systems for urban areas. In November 2017, the
company announced a pilot project for the smart transition of a
city in Michigan to LED light solutions. The project is worth $5.5
million and will be executed through AV1 Group’s wholly owned
subsidiary XFIRE Smart Systems. The lighting product will be
manufactured by XFIRE Smart Systems’ partner Apollo Smart Lights,
according to a recent press release (http://nnw.fm/FfS5g).
The innovative LED lighting project includes the incorporation
of smart technologies. Wireless camera and light control will be
carried out through an intelligent system — the Apollo Smart Light
Controller (SLC) — to reduce electricity consumption. Using
self-healing mesh networking with self-forming properties, the SLC
puts emphasis on economical lighting. This makes it possible to
ensure proper illumination whenever needed at various sites along
the network via its dimming feature. Apart from its lighting
capabilities, the system will allow infrastructure monitoring and
remote access through an incorporated wireless mesh radio, as well
as access for other applications including wireless cameras, smart
parking meters, utility meters and picocells (which help extend
cell phone network coverage).
This is the seventh of several pilot projects the company is
already running or is scheduled to launch through the first quarter
of next year. AV1 Group expects to receive additional orders for
similar projects in other major cities, as well as for other
private and government entities.
A Goldman Small Cap Research report (http://nnw.fm/4cI7U) described AV1 Group as a
“misunderstood company” given its undervalued market value in the
context of its potential for revenue generation and growth in two
booming industries — Smart Cities/LED lighting and cannabis. The
report predicts AV1 Group is likely to see significant growth
throughout 2017 and 2018. The company’s recent purchase of 49
percent of innovative lighting company Intelligent Lighting Corp.,
which owns a disruptive technology that can produce a whole new
generation of consumer and commercial-use light bulbs, is likely to
cement the group’s position as an emerging leader on the smart
lighting solutions market.
A market analysis by Persistence Market Research forecasts that
smart and environment-friendly urban solutions will grow by roughly
19 percent in the coming 10 years (http://nnw.fm/2qbVX). Governments are expected
to spend more on innovative technologies and the market will expand
from the current $622 billion to over $1 trillion in 2012 and $3.48
trillion in 2026, according to the report.
AV1 Group isn’t the only innovator that has signed a large
contract for innovative urban development. In June 2017,
Revolution Lighting Technologies (RVLT) announced
a partnership with the city of Stamford. The aim of the project is
to provide LED lighting solutions throughout the city’s system of
public schools. Upon its completion, the project is expected to
reduce the electricity used for lighting by as much as 65 percent
while maintaining the high quality of the solutions. The use of LED
technology increases light output and it also expands the longevity
of the system. LEDs last three times longer than fluorescent bulbs,
which increases the cost-efficiency of replacements.
While cost efficiency and environmental friendliness are
important, they’re not the only reasons why LED lights are a
preferred option for educational facilities. Energy Focus
(EFOI) has had several intriguing partnerships with
schools and universities to explore the additional effects of LED
lights. In May 2017, Energy Focus announced a partnership with
Autism Speaks and with Indiana University of Pennsylvania to
determine whether the use of LED lights can have a positive effect
on special needs students. The company has worked with Ball State
University in Indiana to determine whether flicker-free LED lights
can help the development of students who have been diagnosed with
autism. According to data presented in 2015, the quality of indoor
light can have a profound impact on the condition of children and
adults that have an autism spectrum disorder. Energy Focus is the
creator of the first and only UL-verified low-flicker LED product
on the U.S. market.
Another innovator in the field is also working actively toward
the widespread integration of environmentally friendly smart
technologies. Research Frontiers (REFR) is the
developer of the suspended particle device (SPD-Smart) light
control technology, which has a wide range of applications
including windows and other reflective surfaces. The technology can
be used to change window tint for the purpose of allowing more
natural light and heat in or keeping them out. The SPD-Smart light
control technology can be used alongside innovative and
energy-efficient light bulbs in both urban developments and the
automobile industry. Through a combined approach, it would become
easier than ever to optimize the use of natural resources and
reduce the number of hours during which lighting would have to be
utilized.
The market for smart and energy-efficient technologies is
growing all the time. The number of new developments and
intelligent solutions designed to address the heightened demand is
quite high. Apart from Research Frontiers, there are a number of
companies that have worked on smart, energy-efficient and LED-based
systems. Acuity Brands (AYI) is one of them.
During 2017, Acuity Brands has presented a number of intelligent
solutions in the realm of LED lighting, control solutions for
energy management and renovation projects. The company’s CLX LED
strip light is designed to reduce energy consumption by as much as
45 percent while still delivering up to 20,000 lumens of light. The
I-Beam IBG LED light with Haleon room occupancy sensor is similar
to AV1 Group’s smart urban solutions. It allows for both wired and
wireless control. Connectivity via Bluetooth is available, and the
company has also developed a linked smartphone app. Because of
these characteristics and the flexibility of the smart system, it
is suitable for both residential and large-scale urban planning
applications.
The concept of the smart city will allow for the maintenance of
outstanding infrastructure without the waste of natural resources.
Intelligent street lights can be operated remotely, they preserve
electricity and have a longer lifespan due to the fact that the
usage is controlled. Because of these positive features, the smart
lighting market is expected to reach $19.47 billion by 2022
(http://nnw.fm/B0inm). The rising trend toward
smart urban solutions and environment-friendly infrastructure
provides innovative companies like AV1 Group a strong opportunity
to capture their share of a rapidly evolving market.
For more information on AV1 Group, visit AV1 Group
(AVOP)
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