Lightingindustry is one of the most constantly growing industries at the global stage.It keeps on improving its products with the help of latest technologies. Lightingindustry is segmented into automotive lighting, general lighting andbacklighting. General lighting is the dominant member of this industry. This isdue to growing demand for products from general lighting companies.
Resources’scarcity, growing population and eco-friendly projects are propelling theglobal general lighting companies’ market to new heights. Products of generallighting companies are used for illuminating lights in a specific area. Withthe optimum brightness levels of lights, the individuals can carry out theirdaily tasks easily.
LEDshave become the most reliable solutions for lighting. They offer bright lightfor long duration of time and are cost-effective as well. LEDs are alsoconsidered as the true masterpiece of the 21st century, made by leading generallighting companies.
Accordingto GlobalGeneral Lighting Companies’ Market Report, this market was valued at USD 54.51 billion in 2018. With a growingpopulation, the demand for products from major general lighting companies alsoincreased. Verified Market Research analysts projected its value to reach USD 142.36 billion by 2026. Thus, it can beinferred that the market of chief general lighting companies is growing ata CAGRof 12.8% from 2019 to 2026.
Top 10 general lighting companiesoperating at international level
GELighting
GE Lighting is the one of themain members of this segment. With the most extraordinary history of innovationand worldwide reach, GE has really perceived the need of the market. Byadjusting its abilities to the market’s requests, it has been yielding the mostsignificant quality of products. It intends to satisfy the emerging necessitiesof the effective and pocket-cordial lighting innovations.
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Philips
Philips offers value-addedproducts. It enriches the lighting industry with its world-class innovations.Loaded with an industry-leading R&D division, the company aims to offer themost brightest lighting solutions at affordable rates across the globe.
Panasonic
Panasonic delivers the most sustainablesolutions that align with the global lighting guidelines. It is one of the mainmembers of the global general lighting companies’ market. The company uses itslatest in-house technology and designing methods to build the most unique lineof lighting products.
Osram
Osram is a German companythat delivers the most reliable line of lighting products. This company’s nameis derived from the combination of two elements – Osmium and Wolfram. Bothof these elements were used for making lighting filaments, when the company wasfounded a century ago.
SchneiderElectric
Schneider Electric is known forbridging progress and sustainability across the globe. It steered theindustrial revolution with its unique and futuristic approach. Currently, thecompany is acting as a catalyst for digitizing the electric world. It is one ofthe major brands, from general lighting companies’ segment, to become a part ofUnited Nations Sustainable Development Goals.
AdvancedLighting Technologies
Advanced LightingTechnologies is a privately held lighting brand. This enterprise isworking on delivering high-quality, innovative lighting solutions as per marketrequirements. The Australian business association serves its global customerswith commercial and industrial lighting solutions.
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CitizenElectronics Co. Ltd.
Citizen Electronics Co.Ltd. isa Japanese brand. It offers selective energy-effective lighting items. Sinceits beginning fifty years ago, the organization has progressed significantlyahead. It began with numerous industry-firsts and still keeps on doing as such.Presently, it has a number of items, in its portfolio, from business lightingto a full range of LEDs.
EnergyFocus
Energy Focus is an innovator ofsustainable LED lighting technologies and solutions. This American company isknown for creating the world’s first integrated LED battery backupsolution.
CooperLighting
Cooper Lighting sets benchmarksworldwide, for different players of the general lighting companies’ market.With an amazing assortment of lightings loaded up its sleeves, it gives anintense rivalry to the major players of the global lighting industry.
LGInnotek
LG Innotek has served over1,000,000+ clients now. With these many fulfilled clients, LG has accomplishedmany five star ratings (among the general lighting companies). Since itsinception in 1970, the organization has pushed the limits of the globallighting industry.
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