
Longtime executive Zvi Sperling leads Maxim Group Companies as vice president. Since joining the lighting business more than 40 years ago, Zvi Sperling and his brother, the founder of Maxim Lighting, have expanded the group of lighting businesses into an international powerhouse responsible for a range of Energy Star-approved products and other energy-efficient lighting options.
According to a Global Energy Efficient Lighting Market report, the international energy-efficient lighting market is expected to grow at a steady compound annual growth rate through 2024. This growth will be seen across all applications of energy-efficient lighting, including residential, governmental, and commercial.
The warehouse energy-efficient lighting market alone is predicted to grow 13.4 percent between 2016 and 2024, according to a report from Transparency Market Research. This growth will predominantly be fueled by the increasing demand for energy-efficient lighting among businesses in the automotive sector and will occur mostly in the Asia Pacific market.