Market Share of Mexico LED Lighting Industry
The Mexican LED lighting market is semi-consolidated, with the presence of major players. The market players are viewing strategic partnerships and collaborations as a lucrative path towards expansion of market share. The companies are also collaborating to conduct R&D activities to further find opportunities in the market.
In December 2022, GE Lighting introduced its first line of decorative light fixtures and new pendants, featuring an incorporated LED lighting option. The new line contained three decorative fixture families, Solon, Glenwillow, and Mentor, and five industrial-style pendant options.
In May 2022, Signify unveiled the launch of the latest Pacific LED gen5 waterproof luminaire generation, a solution developed for optimal performance in demanding environments like industries and parking areas.
Mexico LED Lighting Market Leaders
Acuity Brands, Inc.
Signify Holdings BV
GE Lighting (Savant)
Dialight PLC
Opple Lighting
*Disclaimer: Major Players sorted in no particular order
