Market Share of Human Centric Lighting Industry
The human centric lighting market is fragmented and is slowly moving towards a consolidated market form. The major vendors in the market are emphasizing their efforts on innovating the solutions and improving both hardware as well as software offerings, in turn augmenting the market. The more prominent organizations are also looking toward strategic M&As to increase their market share .Key players include Signify Lighting NV, OSRAM GmbH, Trilux Lighting Ltd., Wipro Lighting, Glamox SA, etc. Recent developments in the market are -
- July 2019 - Signify announced that it has acquired a 51% stake in Chinese LED lamp maker Klite Lighting. Before Signify, the stake was owned by Zhejiang Klite Lighting Holdings Co. This growth is expected to strengthen the Signify's position in Asia and reduceproduction costs.
Human Centric Lighting Market Leaders
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Signify Lighting NV
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OSRAM GmbH
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Trilux Lighting Ltd.
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Wipro Lighting
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Glamox SA
*Disclaimer: Major Players sorted in no particular order
