Market Share of Europe Decorative Lighting Industry
The decorative Lighting Market in Europe is fragmented and competitive in nature. Various global and small players are entering the market and innovating different lighting solutions to capture the varying consumer preferences in the market. The industry is transitioning away from conventional technologies to LEDs, intelligent lighting systems.
- July 2020 - General Electric announced that it has completed the sale of its Lighting business to Savant Systems, Inc., creating GE Lighting, a Savant company. Financial details were not disclosed.
- December 2019 - Eureka, an established player in decorative lighting solutions, unveiled its collection of Hex Area luminaires. With its strong geometric aesthetics and mounting options, Hex Area can be used as a highlighting element in series to define a large space, or as a creative wall composition. Offered in different sizes, light outputs, mounting types, and finishes, the luminaire is both functional and decorative as a standalone fixture or in a group.
Europe Decorative Lighting Market Leaders
EGLO Leuchten GmbH
Philips (Signify Holding)
General Electric
Hubbel Lighting
Acuity Brands Lighting
*Disclaimer: Major Players sorted in no particular order
