Market Share of Art & Museum Lighting Industry
The art and museum lighting market is competitive and is dominated by a few significant players like Signify NV, Osram Licht AG, ERCO GmbH, Inesa Lighting (Pty) Ltd, and iGuzzini illuminazione S.p.A. These significant players, with a prominent share in the market, are concentrating on expanding their customer base across foreign countries. These corporations leverage strategic collaborative initiatives to increase their market share and profitability.
In November 2022, Nanoleaf announced the addition of four new Matter-compatible smart bulbs and light strips under its Essential Smart Lighting line product range. Among these new products, the Thread-enabled LED lights launched in Q1 of 2023 and include a light strip and A 19, BR 30, and GU 10 bulbs, making them some of the first to support Matter directly without a bridge.
In June 2022, Cree LED launched XlampElement G (XE-G) LEDs that deliver a new performance class with unpaired light output and efficiency in a small form factor. The XE-G LED family of products has been recognized by EdisonReportas a "LightFair Top 10 MUST SEE" product on display at Cree LED's booth 3007 is a stunning, 8-foot periodic table showcasing all 17 colors and three white options available in the comprehensive XE-G LED family.
Art and Museum Lighting Market Leaders
Signify NV
OsRam Licht AG
ERCO GmbH
Inesa Lighting (Pty) Ltd.
iGuzzini illuminazione S.p.A
*Disclaimer: Major Players sorted in no particular order
