Global Commercial and Industrial LED Lighting Market Share

Market Share of Global Commercial and Industrial LED Lighting Industry

The Global Commercial and Industrial LED Lighting Market is a moderately competitive market with significant players like Signify NV (Philips Lighting), WAC Lighting, Cree Lighting (Ideal Industries Inc), and Siteco GmbH, Wipro Lighting Limited, etc. The players in the market are innovating advanced and comprehensive products and solutions to cater to the complex requirements of their customers.

• Oct 2021 - GE Current, a Daintree company, signed a definitive agreement with Hubbell Incorporated to acquire Hubbell's commercial and industrial (C&I) lighting business, forming a premier end-to-end lighting solutions company. The two businesses' product and controls portfolios will be positioned through the broad go-to-market channels to capture growth driven by further LED conversion and demand for linked light controls systems.
• July 2021 - US LED Ltd. announced the launch of its L-Grid Edge Xtreme XL Select, a new generation of LED flat panels with selectable CCT and wattage options. More than just a light, they are engineered to bring superior visual comfort to retail stores and offices while accelerating installation.
• July 2021 - OSRAM Sylvania Inc. launched a powerful industrial LED driver. The product OTiDALI 300 watts provides more power through the extra-long service life of up to 100,000 operating hours while providing maximum flexibility with a 250 to 1550 mA output current range. It also allows a constant check on the energy consumption and operating and maintenance costs to unlock savings potential.

Commercial & Industrial LED Lighting Market Leaders

1. Signify NV (Philips Lighting)

2. WAC Lighting

3. Cree Lighting (Ideal Industries Inc,)

4. Siteco GmbH

5. Wipro Lighting Limited

*Disclaimer: Major Players sorted in no particular order