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 solutionsand improve both hardware as well as software offerings, in turn,augmenting the market. The more prominent organizations are also looking towards strategical M&As to increase the market share.Key players includeSignify Lighting NV,OSRAM GmbH,Trilux Lighting Ltd.,Wipro Lighting,Glamox SA,etc. Recent developments in the market are -
- July2019 - 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
Signify Lighting NV
OSRAM GmbH
Trilux Lighting Ltd.
Wipro Lighting
Glamox SA
*Disclaimer: Major Players sorted in no particular order
