13 01 2025

Reflecting on 2024: a year of growth and momentum

With 2024 now behind us, we find ourselves reflecting on a year that began with uncertainty but ended with unprecedented achievements. Following the clear market downturn in Q4 2023, the first months of 2024 were challenging, marked by subdued activity across the industry. But as the year progressed, the situation began to stabilize, with steady improvement in Q2 and Q3. Then came November with record-breaking results, and December followed, setting new all-time highs in every possible category. And here we are — closing 2024 stronger than ever, with renewed optimism for what lies ahead.

Record-breaking performance to end the year

December brought record monthly results for Silvair despite the holiday season, with over 30 thousand devices commissioned using Silvair tools and more than 65 thousand devices with Silvair firmware rolling off production lines. Unsurprisingly, Q4 became our best quarter to date, with over 85 thousand devices commissioned and more than 150 thousand devices manufactured. These milestones are a testament to the accelerating growth of our ecosystem and the increasing adoption of Bluetooth NLC, the best wireless standard for professional lighting applications. The trajectory is clear — growth and progress on all fronts.

Growing together with our partners

We have always emphasized that our success is directly tied to the success of our partners. ‘We grow when you grow’ has been our guiding philosophy, and these record-breaking results are proof of the trust and collaboration we’ve shared throughout 2024. None of this would have been possible without the remarkable efforts of our partners, whose innovation and ambition continue to fuel the adoption of Bluetooth NLC and expand the ecosystem. Thank you for your trust, cooperation, and shared vision for the future. We firmly believe this is only the beginning.

Looking ahead to a breakthrough 2025

We enter 2025 with tremendous energy and optimism. The record-breaking end of 2024 has set the stage for what could be a transformative year. With major new features on the horizon and new partners joining the Bluetooth NLC ecosystem, we see endless opportunities for growth. Our product development efforts continue to diversify the possibilities for our partners, opening new markets and applications. New planned features, including Emergency Lighting Monitoring and integration with Building Management Systems, exemplify this approach, promising to expand the value of Bluetooth NLC while addressing evolving needs in building management and energy efficiency.

The Bluetooth NLC standard will continue to shape the future of professional lighting control, and we are excited to help drive that evolution. For those who aren’t yet part of this ecosystem, now is the time to join a movement that’s redefining the industry.

2025 awaits — a year of new records, new products, and new partnerships. Let’s make it extraordinary!