Market Share of Lighting as a Service Industry
The lighting as a service market is fragmented. The key players in the market include Every Watt Matters, Lumenix, Stouch Lighting, LEDVANCE GmbH, Signify Holdings, and ESB Light Manufacture of LED Luminaires among others. The players leverage the market growth by enhancing their product line driven by efficiency, ease of use, and technological advancements. Moreover, various government implementation is further leading to more adoption of LED lighting, which is catering to the market growth of lighting as a service
- August 2020 - LEDVANCE GmbH announced the LEDVANCE and Bosch Smart Home lighting solutions for the smart home. The integration of LEDVANCE Smart+ products into the Bosch Smart Home System makes the application even easier for customers it is a high-quality solution for a safe home without the need for an additional bridge.
- July 2020 - Enlighted Inc offers its award-winning technology in a new Surface Sensor designed for quick and easy deployments at scale across enterprise portfolios. Enlighted's latest sensor makes activity-based workspaces, conference rooms, and commercial buildings smarter, safer, more efficient, and improves the occupant experience. The sensor captures data including occupancy detection, temperature, ambient lighting levels and is also equipped with Bluetooth LE capabilities to communicate with other IoT devices and applications.
- January 2020 - Signify NV extended its LED Toplighting compact range to simplify switch to LED grow lights in the greenhouse. The company introduced a high-efficiency version to reduce running costs or for a high output version for different crops. The solution offered can be connected with GrowWise Control System and consumes 50% less energy.
Lighting as a Service Market Leaders
Every Watt Matters
*Disclaimer: Major Players sorted in no particular order