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Future of LED lighting looks bright

BY HBSDEALER Staff

The market for LED lighting is expected to double, from 16 million units in 2012 to a forecasted 33 million in 2013, and will nearly triple by 2016, according to the NPD DisplaySearch “LED Lighting Market and Forecast Report.”

Thanks to significant expansion in manufacturing capacity, falling prices, environmental concerns and government incentives, the demand for this energy-efficient technology is rising, including spot lights, LED luminaries, street lights, LED light bulbs and fluorescent tubes. This demand will reach 90 million in 2016, increasing the global penetration for LED lighting applications to 26% in 2016, up from only 5% in 2012.

The highest growth will be in LED-based tubes that replace fluorescent (FL) tubes used in commercial applications, LED-based street lights, and LED luminaires — innovative designs that produce light across various shapes and sizes.

“LEDs are playing a leading role in the lighting industry, driven primarily by government incentive policies and consumer demand for more efficient light sources with advanced technologies, such as wireless and color control,” said Steven Sher, an analyst with NPD DisplaySearch. “This increased demand will manifest over the next three years, as consumers look to replace their traditional light bulbs with more efficient LED lighting options.”

And which countries, according to the report, will lead this LED lighting demand? Japan and China. Japan has been the largest market for LED lighting applications since 2011, and NPD DisplaySearch projects this dominance will continue through 2016, driven by the adoption of LED bulbs, spot lights, fluorescent tubes and luminaires. LED lighting growth in China will be higher than other regions from 2012 to 2016, thanks to such government policies as the 12th Five-Year Plan, which is already driving demand for LED street lights.

North America and Europe are also experiencing increased demand for LED lighting applications through 2016, particularly for LED fluorescent tubes.

This market opportunity for LED lighting is set against a backdrop of a stagnant market for LEDs in LCD backlighting, which is currently the largest application for LEDs. In 2014, general illumination will pass display backlighting as the largest application for LEDs.

In addition, the market for LED chips has been in oversupply as LED makers have invested in MOCVD equipment, particularly in China. The surplus has caused increased competition and prices to drop dramatically. This is causing higher LED penetration in lighting but lower profits for LED makers, which has led many LED makers to adopt vertical integration. This means that LED chip makers are integrating the chip, phosphor and control circuits to make lighting engines, and LED package makers are integrating the lamp assembly. Finding success in the lighting market requires technical integration, optical design and the development of brand and channel strategies, according to the report.

The NPD DisplaySearch “LED Lighting Market and Forecast Report” analyzes the LED lighting market by region, brand, technology and operation system. This report provides value chain analyses and an analysis of brands’ product roadmaps.

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Coming soon: 2013 Industry Scoreboard

BY HBSDEALER Staff

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In 2012, the major story of the Top 300 Industry Scoreboard was a simple analysis of the gainers versus decliners. A full 57% of the companies showed positive sales gains — it was the first time that more than half of the field reported sales growth since the frothy days of 2005.

If you believe the economists and you follow the trend, the sales momentum will continue with the 2013 Industry Scoreboard, which is scheduled to be published in the June issue of HCN.

The research behind the 2013 Industry Scoreboard began earlier this year, with a new-and-improved electronic survey soliciting store count, units, sales, employee count and other key metrics of retailers focused on homeowners or home builders.

The largest industry report of its kind, the Top 300 includes industry trends and market analysis, along with the sales rankings.

Categories measured in the 2013 scoreboard are:

• Appliances 

• Cabinets 

• Decking 

• Housewares 

• Lawn and garden 

• Lumber 

• Paint and sundries 

• Pet supplies 

• Power tools 

• Roofing 

• Windows and doors 

• Work wear 

In the 2012 Scoreboard — sponsored by the National Hardware Show — the top five home improvement retailers, ranked by home improvement sales, were Home Depot, Lowe’s, Walmart, Sears Holdings and Menards. Operating under the law of large numbers, it is unlikely that the top five order will change in 2013.

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Connecting the dots

BY HBSDEALER Staff

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The National Hardware Show has a dot for hardware & tools, and a dot for paint accessories. There’s a dot for plumbing and electrical. These are the colorful icons that efficiently organize the thousands of products that make the National Hardware Show an industry showcase.

Looking back at  the 2013 show, which drew to a close May 9 in Las Vegas, there were a couple of new icons — one for building products, reflecting the new audience of contractors, and one for the up-and-coming category of farm and ranch.

“Farm & Ranch and Pet Products are two categories that continue to make significant impacts on sales in the home improvement market, and the National Hardware Show makes it easy for attendees to see all the categories’ potential in one convenient area,” said Sonya Ruff Jarvis, VP attendee programs with the National Hardware Show.

The show’s expanded palette of categories was driven by what organizers describe as a steady evolution to meet the needs of retailers. One thing they say hasn’t changed is the emphasis on new trends.

“I travel to the National Hardware Show to see what’s new and trending in the industry,” said T.J. Comstock, owner of Northwest Hardware, in Billings, Mont. “The vendors bring their latest products, and it’s fun to see what the companies are coming out with. By seeing the latest trends in the market, we’re able to anticipate the changes in our customers’ wants and can buy accordingly.”

This year, the Innovation Station included New Product World, Inventor’s Spotlight and environmentally friendly products, adjacent to the main lobby of the Central Hall, making it closer to the show floor and offering easy access for attendees to browse.

“It really provides attendees with a quick way to see a broad range of new items, and it also allows exhibitors to really highlight their latest innovations,” said Ruff Jarvis.

The National Hardware Show set the stage for thousands of attendees to connect the dots. Here are some of the products from a wide-range of categories.

1. Woodstock Chimes
Woodstock’s Fantasy Glass series features the integration of hand-blown glass and hand-painted detailing. Figurines include hummingbirds and dragonflies.
WoodstockChimes.com

2. Haws Watering Cans
Haws Watering Cans makes metal and plastic indoor and outdoor watering cans. The company also manufactures a range of gift products, including a new selection of U.K. handmade leatherware comprising gloves and a full-length apron. HawsWateringCans.com

3. Happy Hen Treats
Happy Hen Treats is expanding its line of treats for chickens, with its new doughnut-shaped Treat Cakes with mealworms and seeds. The new Party Mix line of treats offers three flavors: Mealworm & Corn, Mealworm & Oat, and the “vegetarian option,” Sunflower & Raisin. HappyHenTreats.com

4. Carhartt Safety Eyewear
Pyramex Safety Products and Carhartt have partnered to launch Carhartt Safety Eyewear. The line will initially feature seven styles named after some of North America’s cities and towns. Carhartt.com

5. DuraTite Rocket Collar
A universal start collar that features the patented Quick Zip fastening system, it promises “an air-tight install in seconds.” Duratite.com

6. Lufkin Control Series tapes
Lufkin Control Series tapes feature a unique Drag Strip on the bottom of the tape, which allows users to regulate the feed and return of the tape by applying pressure directly to the blade with their index finger. Lufkin is a tool brand from Apex Tool Group. ApexToolGroup.com

7. Safety Works Big Jake Gloves
The leather palm glove is sewn with DuPont Kevlar thread in high-stress areas. The Safety Works Big Jake glove also features an extra long rubberized safety cuff and added knuckle protection. SafetyWorks.com

8. Striker Tough Skins
Tough Skins are designed to protect the most vulnerable areas on the user’s palm from blisters and vibration. They are a very thin, protective layer offering full coverage protection of the palm, as well as the saddle area between the index finger and thumb. They are lightweight and do not hold in heat and moisture. StrikerHandTools.com

9. 8-in-1 Lighted Precision Screwdriver
General Tools & Instruments’ Lighted Precision Screwdriver features two powerful, bright white LEDs, combined with a transparent collar to provide 360-degree lighting. The tool also features a secondary removable mini screwdriver and an ergonomic cushioned grip with rotating cap. GeneralTools.com

10. Porous Pipe
The Porous Pipe range of soaker/seep hose products includes 25-ft., 50-ft., 100-ft. and 165-ft. lengths. The hose provides precise watering of garden beds and uses up to 70% less water than other methods. The product is made from recycled materials. PorousPipe.co.uk

11. FLEXiO
Wagner Spray Tech’s FLEXiO is a hand-held sprayer specially designed for spraying paint indoors or out. The sprayers feature two exclusive and patented technologies that help provide the power to spray any paint, anywhere. The new X-Boost Turbine runs at 65,000 rpms. WagnerFlexio.com

12. Stanley Utility Mat
Sleep Innovations’ Stanley-branded Utility Mat is an anti-fatigue mat that offers floor protection; is slip-resistant; and is proven to relieve pressure on the feet, knees and back. The Stanley Utility Mat provides cushion, support and durability because of its unique polyurethane construction, helping to reduce fatigue. SleepInnovations.com

13. Red Devil Adhesives
Red Devil is introducing a new line of seven home repair adhesives, which are GreenGuard Children & Schools certified for indoor air quality. These water-based adhesives are powerful sealants for dozens of uses that do not contain ozone-depleting chemicals and feature water cleanup. They include Subfloor and Deck Adhesive, Quick Grip Adhesive and Cove Base Adhesive. RedDevil.com

14. Simply Dump It
Simply Dump It pivoting wheelbarrow handles feature an ergonomic, patented handle grip that helps wheelbarrow users lift, control and deliver loads safer and easier. The handles pivot when lifted, helping to protect the wrists from excessive rotation and weight loading. The durable nylon construction provides a comfortable grip. SimplyDumpIt.com

15. Scrammer
Wallace Tool Company’s Scrammer is a combination of multiple high-use tools (scraper, hammer and nail-puller) into a single tool. It is lightweight, but stands up to tough use. The tool head is made of 12-gauge, high arbon steel. WallaceToolCompany.com

16. Ingersoll Rand Impactool
The Impactool delivers 500 ft-lb of maximum reverse torque. The variable speed trigger gives the user the control to adjust the tool’s speed for any kind of project. IngersollRand.com

17. Wood-Shield
Wood-Shield, Lullaby Paints’ new line of wood stain and varnish products, has zero VOCs, no odor and no solvents, but still offers deep rich colors and a quick drying time. LullabyPaints.com

18. Grillbot
The Grillbot has three small brushes around its perimeter that spin to remove the grease and grime from a grill as it pulls itself along. Grillbots.com

19. Coast Rechargeable LED Flashlights
The Flex Charge Dual Power Rechargeable System includes the Pro-Tek Charging Port, with a tail cap that pops up to reveal a micro USB port the charging cable plugs into. The Pure Beam Focusing System with proprietary optics produces a pure, bright consistency across the entire beam. CoastPortland.com

20. 3M Patch Plus Primer
3M Patch Plus Primer uses nanotechnology to create a quick-drying, strong, even patch in just one step. The product was designed to address the challenges painters typically face when patching a wall, such as cracking, shrinking and flashing. 3M.com

 

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