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MAA Announces Increase to Quarterly Common DividendThe 26-year-old man charged in last week’s killing of UnitedHealthcare’s CEO appeared in a Pennsylvania courtroom Tuesday, where he was denied bail and his lawyer said he'd fight extradition to New York City, where the attack happened. Luigi Nicholas Mangione was arrested Monday in the Dec. 4 attack on Brian Thompson after police say a worker at a McDonald’s in Altoona, Pennsylvania, alerted them to a customer who resembled the suspected gunman. When arrested, Mangione had on him a gun that investigators believe was used in the attack and writings expressing anger at corporate America, police said. As Mangione was led into the Hollidaysburg courthouse Tuesday, he struggled with officers and shouted something that was partly unintelligible but referred to an “insult to the intelligence of the American people.” He left hours later without saying anything and was driven away. Mangione is being held on Pennsylvania charges of possession of an unlicensed firearm, forgery and providing false identification to police. Manhattan prosecutors have charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Wearing an orange jumpsuit, Mangione mostly stared straight ahead during the hearing, occasionally consulting papers, rocking in his chair, or looking back at the gallery. At one point, he began to speak to respond to the court discussion but was quieted by his lawyer. Judge David Consiglio denied bail to Mangione, whose attorney, Thomas Dickey, told the court that his client did not agree to extradition and wants a hearing on the matter. Blair County (Pennsylvania) District Attorney Peter Weeks said that although Mangione will create “extra hoops” for law enforcement to jump through by fighting extradition, it won’t be a substantial barrier to sending him to New York. In addition to a three-page, handwritten document that suggests he harbored “ill will toward corporate America,” NYPD Chief of Detectives Joseph Kenny said Monday that Mangione also had a ghost gun, a type of weapon that can be assembled at home and is difficult to trace. Officers questioned Mangione, who was acting suspiciously and carrying multiple fraudulent IDs, as well as a U.S. passport, New York Police Commissioner Jessica Tisch said. Officers also found a sound suppressor, or silencer, “consistent with the weapon used in the murder,” she said. He had clothing and a mask similar to those worn by the shooter and a fraudulent New Jersey ID matching one the suspect used to check into a New York City hostel before the shooting, the commissioner said. Mangione, who comes from a prominent Maryland family, was valedictorian of his elite Baltimore prep school and had degrees from one of the nation’s top private universities. He earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania. Mangione's grandfather Nick Mangione, who died in 2008, was a successful real estate developer. One of his best-known projects was Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. One of Luigi Mangione’s cousins is Republican Maryland state legislator Nino Mangione, a spokesman for the lawmaker’s office confirmed. From January to June 2022, Mangione lived at Surfbreak, a “co-living” space at the edge of touristy Waikiki in Honolulu. Josiah Ryan, a spokesperson for owner and founder R.J. Martin, said that Martin had learned that Mangione had severe back pain from childhood that interfered with many aspects of his life. Friends in Hawaii widely considered Mangione a “great guy,” and pictures on his social media accounts show a fit and smiling young man on beaches and at parties. Mangione likely was motivated by his anger at what he called “parasitic” health insurance companies and a disdain for corporate greed, according to a law enforcement bulletin obtained by The Associated Press. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, based on a review of the suspect’s handwritten notes and social media posts. Police said the person who killed Thompson left a hostel on Manhattan's Upper West Side at 5:41 a.m. last Wednesday. Eleven minutes later, he was seen on surveillance video walking back and forth in front of the New York Hilton Midtown, wearing a distinctive backpack. At 6:44 a.m., he shot Thompson at a side entrance to the hotel, fled on foot, then climbed aboard a bicycle and within four minutes had entered Central Park, according to police. Another security camera recorded the gunman leaving the park near the American Museum of Natural History at 6:56 a.m. still on the bicycle but without the backpack, police said. After getting in a taxi, he headed north to a bus terminal near the George Washington Bridge, arriving at around 7:30 a.m. From there, the trail of video evidence runs cold. Police have not located video of the suspect exiting the building, leading them to believe he likely took a bus out of town. Police said they are still investigating the path the suspect took to Pennsylvania. “This just happened this morning," Kenny said. "We’ll be working, backtracking his steps from New York to Altoona, Pennsylvania,” Kenny said. Associated Press reporters Jamie Stengle, Lea Skene, Matt O'Brien, Sean Murphy and Cedar Attanasio contributed to this report.
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Luigi Nicholas Mangione, the suspect in the fatal shooting of a healthcare executive in New York City, apparently was living a charmed life: the grandson of a wealthy real estate developer, valedictorian of his elite Baltimore prep school and with degrees from one of the nation's top private universities. Friends at an exclusive co-living space at the edge of touristy Waikiki in Hawaii where the 26-year-old Mangione once lived widely considered him a “great guy,” and pictures on his social media accounts show a fit, smiling, handsome young man on beaches and at parties. Now, investigators in New York and Pennsylvania are working to piece together why Mangione may have diverged from this path to make the violent and radical decision to gun down UnitedHealthcare CEO Brian Thompson in a brazen attack on a Manhattan street. The killing sparked widespread discussions about corporate greed, unfairness in the medical insurance industry and even inspired folk-hero sentiment toward his killer. But Pennsylvania Gov. Josh Shapiro sharply refuted that perception after Mangione's arrest on Monday when a customer at a McDonald's restaurant in Pennsylvania spotted Mangione eating and noticed he resembled the shooting suspect in security-camera photos released by New York police. “In some dark corners, this killer is being hailed as a hero. Hear me on this, he is no hero,” Shapiro said. “The real hero in this story is the person who called 911 at McDonald’s this morning.” Mangione comes from a prominent Maryland family. His grandfather, Nick Mangione, who died in 2008, was a successful real estate developer. One of his best-known projects was Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. The Mangione family also purchased Hayfields Country Club north of Baltimore in 1986. On Monday, Baltimore County police officers blocked off an entrance to the property, which public records link to Luigi Mangione’s parents. Reporters and photographers gathered outside the entrance. The father of 10 children, Nick Mangione prepared his five sons — including Luigi Mangione’s father, Louis Mangione — to help manage the family business, according to a 2003 Washington Post report. Nick Mangione had 37 grandchildren, including Luigi, according to the grandfather's obituary. Luigi Mangione’s grandparents donated to charities through the Mangione Family Foundation, according to a statement from Loyola University commemorating Nick Mangione’s wife’s death in 2023. They donated to various causes, including Catholic organizations, colleges and the arts. One of Luigi Mangione’s cousins is Republican Maryland state legislator Nino Mangione, a spokesman for the lawmaker’s office confirmed. “Our family is shocked and devastated by Luigi’s arrest,” Mangione’s family said in a statement posted on social media by Nino Mangione. “We offer our prayers to the family of Brian Thompson and we ask people to pray for all involved.” Mangione, who was valedictorian of his elite Maryland prep school, earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a university spokesman told The Associated Press. He learned to code in high school and helped start a club at Penn for people interested in gaming and game design, according to a 2018 story in Penn Today, a campus publication. His social media posts suggest he belonged to the fraternity Phi Kappa Psi. They also show him taking part in a 2019 program at Stanford University, and in photos with family and friends at the Jersey Shore and in Hawaii, San Diego, Puerto Rico, and other destinations. The Gilman School, from which Mangione graduated in 2016, is one of Baltimore’s elite prep schools. The children of some of the city’s wealthiest and most prominent residents, including Orioles legend Cal Ripken Jr., have attended the school. Its alumni include sportswriter Frank Deford and former Arizona Gov. Fife Symington. In his valedictory speech, Luigi Mangione described his classmates’ “incredible courage to explore the unknown and try new things.” Mangione took a software programming internship after high school at Maryland-based video game studio Firaxis, where he fixed bugs on the hit strategy game Civilization 6, according to a LinkedIn profile. Firaxis' parent company, Take-Two Interactive, said it would not comment on former employees. He more recently worked at the car-buying website TrueCar, but has not worked there since 2023, the head of the Santa Monica, California-based company confirmed to the AP. From January to June 2022, Mangione lived at Surfbreak, a “co-living” space at the edge of touristy Waikiki in Honolulu. Like other residents of the shared penthouse catering to remote workers, Mangione underwent a background check, said Josiah Ryan, a spokesperson for owner and founder R.J. Martin. “Luigi was just widely considered to be a great guy. There were no complaints,” Ryan said. “There was no sign that might point to these alleged crimes they’re saying he committed.” At Surfbreak, Martin learned Mangione had severe back pain from childhood that interfered with many aspects of his life, including surfing, Ryan said. “He went surfing with R.J. once but it didn’t work out because of his back,” Ryan said, but noted that Mangione and Martin often went together to a rock-climbing gym. Mangione left Surfbreak to get surgery on the mainland, Ryan said, then later returned to Honolulu and rented an apartment. An image posted to a social media account linked to Mangione showed what appeared to be an X-ray of a metal rod and multiple screws inserted into someone's lower spine. Martin stopped hearing from Mangione six months to a year ago. An X account linked to Mangione includes recent posts about the negative impact of smartphones on children; healthy eating and exercise habits; psychological theories; and a quote from Indian philosopher Jiddu Krishnamurti about the dangers of becoming “well-adjusted to a profoundly sick society.” Mangione likely was motivated by his anger at what he called “parasitic” health insurance companies and a disdain for corporate greed, according to a law enforcement bulletin obtained by AP. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, based on a review of the suspect’s handwritten notes and social media posts. He appeared to view the targeted killing of the UnitedHealthcare CEO as a symbolic takedown, asserting in his note that he is the “first to face it with such brutal honesty,” the bulletin said. Mangione called “Unabomber” Ted Kaczynski a “political revolutionary” and may have found inspiration from the man who carried out a series of bombings while railing against modern society and technology, the document said. Associated Press reporters Lea Skene in Baltimore; Jennifer Sinco Kelleher in Honolulu; Maryclaire Dale in Philadelphia; John Seewer in Toledo, Ohio; and Michael Kunzelman in Washington, D.C., contributed to this report.CLEVLEAND — Shane Bieber's comeback with Cleveland has double meaning. The former Cy Young winner re-signed with the Guardians on Wednesday, a reunion that seemed unlikely when he became a free agent. However, the 29-year-old Bieber decided to stay with the AL Central champions after making just two starts in 2024 before undergoing Tommy John surgery. Bieber agreed last week to a one-year, $14 million contract. The deal includes a $16 million player option for 2026. It seemed like a long shot that Bieber, who is 62-32 with a 3.22 ERA in 132 starts, would return to Cleveland. He had turned down long-term offers in the past from the club, and it was expected he would sign with another contender, likely one on the West Coast. But the California native has a special connection with the Guardians, who selected him in the fourth round of the 2016 draft. Bieber, who won the AL Cy Young in the pandemic-shortened 2020 season, threw only 12 innings last season before lingering issues with his elbow forced him to have surgery. He is expected to join Cleveland's rotation at some point in 2025. A two-time All-Star, Bieber was named MVP of the midsummer event in 2019 when it was held in Cleveland. He has the highest strikeout ratio per nine innings (10.2) and third-highest winning percentage (.660) in the franchise's 124-year history. Bieber is one of just three Cleveland pitchers to start five season openers, joining Stan Coveleski (1917-21) and Corey Kluber (2015-19). While Bieber had some elbow issues in the past, he didn't show any issues before being shut down. He struck out 11 in six scoreless innings against Oakland on March 28, and followed that up with six more shutout innings at Seattle on April 2. DALLAS — Pitchers again dominated the big league phase of the Rule 5 draft at the winter meetings, comprising 11 of the 15 unprotected players who were picked Wednesday. The 121-loss Chicago White Sox had the first pick and selected 24-year-old right-hander Shane Smith from the Milwaukee Brewers organization. Smith was an undrafted free agent out of Wake Forest when he was signed by Milwaukee in July 2021. The 6-foot-4, 235-pounder has gone 13-7 with a 2.69 ERA and 203 strikeouts over 157 innings in 19 starts and 54 relief appearances over three minor league seasons. There were 14 teams who made picks in the major league portion of the Rule 5 draft of players left off 40-man rosters after several minor league seasons. Only Atlanta made two selections, after making none since 2017. Atlanta chose right-hander Anderson Pilar from the Miami Marlins with the 11th pick, and then took infielder Christian Cairo from the Cleveland Guardians with the 15th and final pick in the MLB portion. The 26-year-old Pilar was original signed by Colorado as a minor league free agent in 2015 and has pitched in 213 minor league games that included 17 starts. He is 28-20 with a 2.86 ERA. Teams pay $100,000 to take a player in the major league portion. The players must stay on the big league roster all of next season or clear waivers and be offered back to their original organization for $50,000. Six of the 10 players selected during the Rule 5 draft last December — five of them right-handed pitchers — remained last season with organization that selected them. Two of the four position players taken Wednesday by other teams came from the Detroit Tigers organization: catcher Liam Hicks and third baseman Gage Workman. Miami drafted second after Colorado passed making a selection, and took Hicks. Workman was taken by the Chicago Cubs with the 10th pick. Baltimore lost two right-handed pitchers on back-to-back picks, Juan Nunez to San Diego with the 12th pick before Connor Thomas went to Milwaukee. DALLAS — Tom Hamilton, who has called Cleveland games on the radio for 35 seasons, won the Hall of Fame’s Ford C. Frick Award for excellence in broadcasting on Wednesday. Hamilton, 70, joined the team's broadcast in 1990, when he was with Herb Score in the booth and part of the coverage of their World Series appearances in 1995 and 1997. Hamilton became the voice of the franchise when Score retired after that second World Series. Hamilton will be honored during the Hall of Fame’s induction weekend from July 25-28 in Cooperstown, New York. He was selected the hall's Frick Award 16-member committee as the 49th winner. There were 10 finalists on this year's ballot, whose main contributions came as local and national voices and whose careers began after, or extended into, the Wild Card era. The other nine were Skip Caray, Rene Cardenas, Gary Cohen, Jacques Doucet, Ernie Johnson Sr., Mike Krukow, Duane Kuiper, Dave Sims and John Sterling. DALLAS — The Texas Rangers acquired slugging corner infielder Jake Burger from the Miami Marlins on Wednesday in a trade for three minor league players. Burger hit .250 with 29 home runs and 76 RBIs in 137 games for the Marlins last season, with 150 strikeouts in 535 at-bats with 31 walks. He started 59 games at third base and made 50 starts at first. Five days of service time short of being eligible for salary arbitration this offseason, he will be eligible next winter and can become a free agent after the 2028 World Series. Miami got infielders Max Acosta and Echedry Vargas and left-handed pitcher Brayan Mendoza. The acquisition of Burger comes about a month after the Rangers hired former Marlins manager Skip Schumaker as a senior adviser for baseball operations. Luis Urueta, Miami's bench coach the past two seasons, also was added recently to manager Bruce Bochy's on-field coaching staff for 2025. BRIEFLY WHITE SOX: Mike Tauchman is switching sides in Chicago. The White Sox announced a $1.95 million, one-year contract for the outfielder. Tauchman, 34, grew up in Palatine, Illinois, about 35 miles northwest of Chicago, and played college ball for Bradley in Peoria, Illinois. He spent the previous two seasons with the Cubs. TRADE: All-Star left-hander Garrett Crochet was acquired by the Boston Red Sox from the Chicago White Sox for four prospects. Catcher Kyle Teel, infielder Chase Meidroth, right-hander Wikelman Gonzalez and outfielder Braden Montgomery are headed to Chicago. Get local news delivered to your inbox!
ST. PAUL — Kris Bolle is living the “van life” these days with Annie, his mini Australian shepherd. Bolle, 46, bought a 2020 Dodge Ram ProMaster cargo van this past fall. The Hayfield resident planned, essentially, a studio apartment inside. The van with a high roof has room for a full bed, a small kitchen area and a writing desk. ADVERTISEMENT He saves money by forgoing rent, but there is a cost — isolation. It’s a lifestyle he’s grown accustomed to since he had to hide his sexuality over the years, including in the Navy under the now-defunct “Don’t Ask, Don’t Tell” policy, which allowed gay and lesbian service members to stay in the military as long as they weren’t out, he said. “I had to be very, very tight-lipped about me ... so I’m used to it,” Bolle said. “But yes, it wears on you. It wears you down, and you feel isolated and you feel left out.” About 48% of Minnesotans feel left out some of the time or often, according to the “Minds of Minnesotans” survey conducted by APM Research Lab. The poll also finds that about half of Minnesotans feel lonely, at least some of the time. More specifically, 13% say they “often” lack companionship and another 35% lack companionship “some of the time.” Results were similar when Minnesotans were asked how often they feel left out and isolated from others. Bolle was one of 3,399 participants surveyed by the firm Lumaris. He said he often feels a lack of companionship as well. He hasn’t been in a relationship since 2009. He often feels left out and sometimes feels isolated. “I’m isolated in the sense where I really can’t find a suitable partner,” he said. His social connections are at his nursing assistant job, which he looks forward to, Bolle said. He’s never thoroughly enjoyed a job as much as his role at a skilled nursing facility, he said. ADVERTISEMENT “Work is great. I get to see people, I get to interact with people. I get to chat and talk and all the things that you know, that people do,” Bolle said. “That’s really hard to find.” The APM Research Lab included these questions in the survey, conducted this year between July 20 and Nov. 22, to better understand what the U.S. Surgeon General has called “Our Epidemic of Loneliness and Isolation.” The three questions used in the APM Research Lab survey were replicated from the widely used UCLA Loneliness Scale to help assess Minnesotans’ state of mind in the post-pandemic era, and possibly to help identify groups of Minnesotans that are faring better or worse with feelings of loneliness and isolation. In 2023, U.S. Surgeon General Dr. Vivek Murthy issued a report calling loneliness an epidemic, posing significant health risks akin to tobacco usage, obesity and addiction. Loneliness intersects with various aspects of people’s lives, said Carrie Henning-Smith, an associate professor in the Division of Health Policy and Management at the University of Minnesota School of Public Health. “Social isolation and loneliness have profound impacts on health, on mortality risks, on all of the ways that our lives play out within health, within that sphere, but in so many other ways, too,” said Henning-Smith, who conducts research on rural populations as the co-director of the University of Minnesota Rural Health Research Center and the Rural Health Program. According to the U.S. Surgeon General report, “the physical health consequences of poor or insufficient connection include a 29 percent increased risk of heart disease, a 32 percent increased risk of stroke, and a 50 percent increased risk of developing dementia for older adults.” ADVERTISEMENT A lack of social connections increases the risk of premature death by more than 60%, the report added. Mary Jo Kreitzer, the founder and director of the Earl Bakken Center for Spirituality and Healing at the University of Minnesota, said the report is significant. “Just by him [Murthy] touching that subject, everybody remembers that he did,” she said. “People remembered that. Because I’m sure that everybody has somebody like that in their life, or they themselves are feeling lonely.” There’s also a stigma surrounding the idea of loneliness. “People are reluctant to admit that they feel lonely. It somehow means like that you’re unlikable or unlovable or there’s something wrong with you,” Henning-Smith said. “It’s important to have these conversations, because the truth is, just about everyone will feel lonely at some point in their life.” she added. “It's a universal part of being human.” Kreitzer said the data reported by APM Lab is comparable to other global and U.S. data on the subject. ADVERTISEMENT “Other studies, like this one found that loneliness peaks in younger age groups,” she said, calling it “a very interesting finding.” The survey found that the Gen Z cohort of 18 to 27, were the most lonely. “That surprises a lot of people, but I think it’s consistent with other data,” Kreitzer said. She said people assume that older people suffer from loneliness because they lack the social connections they once had earlier in their lives. The survey data, instead, showed that baby boomers, currently aged 60-78, are the least lonely of adult-age generations in Minnesota: 63% score as “rarely lonely” and only 7% indicated frequent loneliness. “Sometimes, like in the boomer generation, when people have retired, they actually have more time to build and strengthen connections,” Kreitzer said. “Boomers can be great at joining groups, pursuing interests, be that hobbies or fitness activities or book clubs or volunteering, and all of those are ways that can really help us build social connections.” She said her local YMCA in Grand Rapids is a hub of activity with engaged older folks. She sees them playing cards, working out, swimming and more. Gen Zers, however, are experiencing numerous life transitions. “During that age, they’re expected to separate from their family, to find a partner, to launch a career,” Kreitzer said. “So there’s been a lot of disruption in social connections that they probably have had in their life for a long, long time.” ADVERTISEMENT Henning-Smith called the loneliness rates among young adults “concerning.” Social media and technology may explain part of the higher rates. “People who live their lives online, people who are digital natives and were born into a world where they’re living their lives online, have fundamentally different ways of connecting with other people,” Henning-Smith said. “I worry that some of those skills and some of the infrastructure for connecting with people in meaningful ways and in-person connections might be lacking for some folks in younger generations.” Kreitzer suggests to those who may have frequent bouts of loneliness to acknowledge the feelings. Don’t ignore them. She advises them to reach out to family and friends to try to build or rebuild social connections. She also encourages people to join groups based on their interests. Kreitzer highly recommends volunteering because of the health benefits associated with it. “There’s actually research on that that, like, volunteering helps improve our own well-being,” she said. “It can actually improve our overall positive outlook, our mental health and well-being.” ADVERTISEMENT Back in Hayfield, Bolle said he tries to find community to fend off his loneliness. His location is a challenge because he finds groups in the Twin Cities some 90 miles away. He belongs to a spiritual group that meets once a week in Rochester, but that’s a 52-mile round trip, so he only goes from time to time. Bolle also prepares himself to encounter situations that bring on feelings of loneliness when he goes to Rochester on his weekends to run errands. “When I see families out having fun together, or groups of people, groups of young people, you know, out together and having fun, that can trigger pangs of loneliness,” he said. “I just feel like I’m missing out on human connection.” He said when he was younger, he bought into society’s emphasis on rugged individualism. “But it just doesn’t work, because you will almost ultimately, always end up feeling lonely,” he said. When he traveled the world with the Navy, Bolle said he saw community and family as top priorities in other countries as well as in the Mexican and Latino communities of Southern California where he grew up. “You really do need that connection with other people,” he said. “It’s almost as important as food and shelter, you know?” The data and the heart appear to agree. This story was originally published on MPRNews.org ______________________________________________________ This story was written by one of our partner news agencies. Forum Communications Company uses content from agencies such as Reuters, Kaiser Health News, Tribune News Service and others to provide a wider range of news to our readers. Learn more about the news services FCC uses here .Cool change slows Grampians bushfire but Victorian authorities warn of ongoing danger
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Juan Soto agrees to record $765 million, 15-year contract with Mets, AP source says
From wealth and success to murder suspect, the life of Luigi Mangione took a hard turn
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Lighting Control System Market Size, Share Projections 2031 by Key Manufacturer- Signify Holding, Legrand S.A., Eaton Corporation, General Electric Company, Acuity Brands, Inc 11-23-2024 06:51 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Verified Market Research USA, New Jersey: According to Verified Market Research analysis, the global Lighting Control System Market size is reached a valuation of USD 38.19 Billion in 2023, with projections to achieve USD 134.1 Billion by 2031, demonstrating a CAGR 17% from 2024 to 2031. What is the current state and growth outlook for the Lighting Control System market? The Lighting Control System (LCS) market has experienced significant growth and is expected to continue expanding, driven by increasing demand for energy-efficient solutions and the growing adoption of smart home technologies. The global market size was valued at approximately USD 17 billion in 2023 and is projected to reach around USD 38 billion by 2030, with a compound annual growth rate (CAGR) of 12% during the forecast period. Factors contributing to this growth include the rise in government initiatives promoting energy conservation, the increasing focus on sustainability, and advancements in smart lighting systems integrated with IoT (Internet of Things). Moreover, the shift towards automated lighting solutions in both residential and commercial sectors is accelerating market demand. North America and Europe remain dominant regions, while Asia Pacific is emerging as a high-growth market due to rapid urbanization and infrastructure development. https://www.verifiedmarketresearch.com/download-sample/?rid=24793&utm_source=OpenPR&utm_medium=386 What are the key drivers and trends influencing the market? Several key drivers and trends are shaping the growth of the Lighting Control System market. One of the primary drivers is the growing focus on energy efficiency and environmental sustainability. Governments worldwide are implementing strict regulations to reduce energy consumption, leading to higher adoption of energy-efficient lighting solutions. Additionally, the increasing trend of smart homes and the integration of smart lighting systems with voice assistants, mobile apps, and automation platforms is another major factor. This shift is further propelled by the growing consumer preference for convenience, customization, and control over their lighting environment. Technological advancements such as wireless communication, dimming controls, and sensors are enhancing the functionality of LCS. Moreover, the commercial sector, including offices, retail stores, and hospitality, is also increasingly adopting lighting control systems for enhanced user experience and operational cost savings. What are the investment opportunities and challenges in the Lighting Control System market? Investment opportunities in the Lighting Control System market lie in the rapidly growing sectors of residential smart homes, commercial infrastructure, and smart cities. Companies can capitalize on innovations such as IoT-enabled systems, wireless controls, and energy-efficient solutions. Startups focusing on developing cutting-edge solutions and integrating artificial intelligence (AI) for predictive maintenance or adaptive lighting systems offer potential high returns. However, challenges include the high initial installation costs, especially in the residential sector, and the complexity of integrating legacy systems with new lighting technologies. Furthermore, the market is fragmented with numerous small and large players, which can create intense competition. Companies looking to succeed must differentiate themselves through innovation, effective marketing, and strategic partnerships. While regulatory challenges and supply chain disruptions may also pose risks, the overall growth outlook remains positive for smart and energy-efficient lighting technologies. Major companies Signify Holding, Legrand S.A., Eaton Corporation, General Electric Company, Acuity Brands, Inc. Leviton Manufacturing Company, Inc. Lutron Electronics Co. Inc., Ideal Industries Inc. Schneider Electric and OSRAM Licht AG. Trends Global Market Expansion: As markets continue to globalize, numerous enterprises in the Lighting Control System sector are actively exploring opportunities in emerging markets. Leveraging their expertise and resources, these companies are strategically expanding their footprint and reaching out to new customer segments, thereby capitalizing on evolving market dynamics. Sustainable Practices: There's a noticeable surge in prioritizing sustainability within the market, spurred by both consumer preferences and regulatory mandates. This shift is manifesting in heightened adoption of eco-friendly materials, implementation of energy-efficient processes, and proactive initiatives aimed at waste reduction. Digital Transformation: The Lighting Control System market is swiftly embracing digital transformation, incorporating cutting-edge technologies like AI, IoT, and blockchain. This transition is significantly enhancing operational efficiency, fostering product innovation, and elevating customer experiences through personalization. Health and Wellness: Consumers are placing a growing emphasis on health and wellness, catalyzing the introduction of functional and nutritious products in the Lighting Control System market. Additionally, there's a notable trend towards integrating health-focused attributes into existing offerings to meet evolving consumer expectations. Key Segments Are Covered in Report Lighting Control System Market, By Offering • Hardware • Software • Services Lighting Control System Market, By Installation Type • Retrofit • New Installation Lighting Control System Market, By End-User • Outdoor • Indoor Get a Discount On The Purchase Of This Report @ https://www.verifiedmarketresearch.com/ask-for-discount?rid=24793&utm_source=OpenPR&utm_medium=386 Barriers to Entry Strong Brand Loyalty: Established brands enjoy strong customer loyalty and trust, making it difficult for new entrants to capture market share without substantial investment in brand building and marketing campaigns. Economies of Scale: Existing players benefit from economies of scale, which enable them to lower production costs per unit and offer competitive pricing, posing a barrier for new entrants to achieve similar cost efficiencies. High Capital Requirements: Entry into Lighting Control System Market requires substantial initial investment in manufacturing facilities, distribution networks, and marketing, making it challenging for new entrants to compete effectively. Regulatory Hurdles: Compliance with Lighting Control System industry regulations and standards adds complexity and cost to market entry, especially for startups or smaller firms lacking resources to navigate regulatory requirements effectively. Regional Analysis North America (USA and Canada) Europe (UK, Germany, France and rest of Europe) Asia-Pacific (China, Japan, India, and Rest of Asia Pacific) Latin America (Brazil, Mexico, and Rest of Latin America) Middle East and Africa (GCC and Rest of the Middle East and Africa) The report offers analysis on the following aspects: (1) Market Penetration: Comprehensive information on the product portfolios of the top players in the Lighting Control System Market. (2) Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the Lighting Control System market. (3) Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market. (4) Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies. (5) Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Lighting Control System Market. Frequently Asked Questions (FAQ) 1. What are the present scale and future growth prospects of the Lighting Control System Market? Answer: The Lighting Control System Market size is reached a valuation of USD 38.19 Billion in 2023, with projections to achieve USD 134.1 Billion by 2031, demonstrating a CAGR 17% from 2024 to 2031. 2. What is the current state of the Lighting Control System market? Answer: As of the latest data, the Lighting Control System market is experiencing growth, stability, and challenges. 3. Who are the key players in the Lighting Control System market? Answer: Signify Holding, Legrand S.A., Eaton Corporation, General Electric Company, Acuity Brands, Inc. Leviton Manufacturing Company, Inc. Lutron Electronics Co. Inc., Ideal Industries Inc. Schneider Electric and OSRAM Licht AG. are the Prominent players in the Lighting Control System market, known for their notable characteristics and strengths. 4. What factors are driving the growth of the Lighting Control System market? Answer: The growth of the Lighting Control System market can be attributed to factors such as key drivers technological advancements, increasing demand, and regulatory support. 5. Are there any challenges affecting the Lighting Control System market? Answer: The Lighting Control System market's challenges include competition, regulatory hurdles, and economic factors. For More Information or Query, Visit @ https://www.verifiedmarketresearch.com/product/lighting-control-system-market/ Inquiry: Mr. Edwin Fernandez Verified Market Research USA: +1 650 781 4080 APAC: +61 485 860 968 EMEA: +44 788 886 6344 Website:- https://www.verifiedmarketresearch.com/ About us: Verified Market Research Verified Market Research is a leading global research and consulting firm with over 10 years of experience providing advanced analytical research solutions, tailored consulting and in-depth data analysis to individuals and companies seeking accurate, reliable and timely research. Data and technology consulting. It provides insights into strategic and growth analysis, the data you need to achieve business goals, and helps you make key revenue decisions. Our research works as partners to provide our clients with accurate and valuable information to help them make better data-driven decisions, understand market forecasts, capitalize on future opportunities and help optimize efficiency. The industries we cover span a wide range of industries including technology, chemicals, manufacturing, energy, food and beverage, automotive, robotics, packaging, construction, mining and gas. etc. Verified Market Research help you understand comprehensive market indicator factors as well as current and future market trends. Our analysts have extensive expertise in data collection and management, using industry methodologies to collect and examine data at every step. They are trained to combine the latest data collection techniques, superior research methodologies, specialized knowledge, and years of collective experience to produce informative and accurate research results. Having served over 5,000 clients, we provide trusted market research services to over 100 global Fortune 500 companies, including Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We provided it. We work with some of the world's leading consulting firms, including McKinsey & Company, Boston Consulting Group and Bain & Company, delivering customized research and consulting projects for companies around the world. This release was published on openPR.There are "a number of defects" in the new tennis courts at Beaton Park, according to Wollongong City Council. Subscribe now for unlimited access . Login or signup to continue reading The council announced the upgrade of the tennis centre in June 2024 , which would see the 14 existing courts replaced with the same number, including eight International Tennis Federation-standard acrylic hard courts. A council spokesperson said the first stage of the work was almost completed, with six new courts planned to be ready for use in January. However, there has been issues with the blue courts, which make up the second stage of the revamp. "The project has not been without its challenges, including the need to identify the source of and rectify a number of defects affecting a number of the new courts," the spokesperson said. "That work is ongoing and is expected to be done in time for the completion of Stage 1B and reopening of the centre in autumn 2025." The Mercury understands those defects relate to water seeping in under the courts' surface and creating bubbles as it evaporates. The second stage of the project also includes the completion of the car park and other temporary facilities to allow people to continue to use the Beaton Park centre until the overall project is complete. "The project is the culmination of years of planning to deliver a world-class multi-sports precinct at Beaton Park and provide significant tennis facilities for the Illawarra region," the spokesperson said. "As one of NSW's major regional tennis venues, Wollongong is expected to draw international, national and state level competitors to the city in the future and carry on the region's proud association hosting significant tennis events. "The venue will also continue to provide a full range of local and district offerings supporting recreational and competitive play opportunities, tennis coaching, school programs, casual court hire and [a] community programming focus." There is a second stage outlined in the Beaton Park master plan that includes upgraded player facilities and a pro shop. This stage is not yet under contruction. I'm an award-winning senior journalist with the Illawarra Mercury and have well over two decades' worth of experience in newspapers. I cover the three local councils in the Illawarra for the Mercury, state and federal politics, as well as writing for the TV guide. If I'm not writing, I'm reading. I'm an award-winning senior journalist with the Illawarra Mercury and have well over two decades' worth of experience in newspapers. I cover the three local councils in the Illawarra for the Mercury, state and federal politics, as well as writing for the TV guide. If I'm not writing, I'm reading. More from Latest News Newsletters & Alerts DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. 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