Signify Holdling, OSRAM Gmbh, Fagerhault Group are Dominating the Market for Europe Indoor Lighting Market in 2019

Europe Indoor Lighting Market is expected to grow at a CAGR of 4.9% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Europe indoor lighting market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed various strategic developments owing to favourable market scenario.

The major players dealing in Europe indoor lighting market are introducing strong range of product portfolio. This has also helped the company to maximize the sales with enhanced product portfolio.  For instance, In September 2019, LEDVANCE GmbH has launched four LED replacement models for fluorescent lamps for different areas of applications. These four products comprises of features such as SubstiTube T8 Motion Sensor, SubstiTube T8 Connected, SubstiTube T5 Universal and SubstiTube T8 Universal. The new portfolio comes with glass design. This product launch will be beneficial for the company to extend its product portfolio.

Signify Holding is the dominating player in the Europe indoor lighting market. The other key players existing in the market includes includes  Dialight, Syska, Zumtobel Group AG, Halla, a.s, Reggiani Spa Illuminazione, LEDVANCE GmbH, Sylvania, NEPTUN LIGHT, INC, LIGMAN Lighting Co., Ltd., Bamford Lighting, Astute Lighting Ltd, Dextra Group Plc, Warwick Lighting, Altman Lighting, Hubbell Incorporated, OLIGO Lichttechnik GmbH, EST Lights, TRILUX Lighting Ltd., Enarlux, IDEAL INDUSTRIES, INC. Switchmate Inc., Lutron Ketra LLC, TAOlight , Nualight Limited, Wipro Lighting, ASTRO LIGHTING, ENDO Lighting Corporation, NVC International Development Limited.

Signify Holding

Signify Holding is headquartered in North Brabant, The Netherlands which was founded in 1891. The company performs in different lighting segments such as lamps, LED, professional, home, and other. LED is the market focused segment. The company offers brand categories such as, Color kinetics and Philips. Philips is market focused category.

For instance,

• In October 2019, Smart Wi-Fi LED bulb has been introduced in India. This product is loaded with WiZ technology platform. The customers can operate it through WiZ app from Google Playstore or Apple App store and it can be operated through home WiFi network to a smart WiFi LED bulb.

The company has wide global presence across the globe such as in Europe, Latin America, Asia-Pacific, Middle East & Africa, and North America. In addition to it, the company also generates its revenue from various subsidiary companies such as Philips (The Netherlands), Signify (China) Investment Co., Ltd (China), Signify GmbH (Germany), Signify Holding B.V. (The Netherlands), Signify Hong Kong Limited (Hong Kong), Signify Netherlands B.V (The Netherlands), Signify North America Corporation (U.S.), Signify Poland Sp. z o.o. (Poland) among others.

OSRAM GmbH

OSRAM GmbH headquartered in Munich, Germany which was founded in 1906. The company performs its solutions segments such as opto semiconductors, specialty lighting, lighting solutions and systems. The company offers automotive lighting, Led (light emitting diodes), emitters, lasers, sensors, led light engines and modules, light management systems, electronic control gear, flexible and rigid lighting solutions, traditional and specialty lamps, luminaires and LED (Light Emitting Diodes), traditional and specialty lamps are our market focused product categories.

For instance,

• In November 2018, general lighting Osconiq S3030 has been launched by OSRAM Gmbh, for industrial and outdoor lighting purposes. This product launch helps to increase the product portfolio as well as customer base of the company.

The company has wide global presence across the globe such as in Americas, Europe, Middle East and Africa and Asia-Pacific. In addition to it, the company also generates its revenue from various subsidiary companies such OSRAM A/S (Denmark), OSRAM Continental GmbH (Germany), OSRAM Continental Austria GmbH (Austria), OSRAM Comercio de Solucoes de Iluminacao Ltda. (Brazil), OSRAM China Lighting Ltd. (China) among others

Fagerhult Group

Fagerhult Group founded in 1945 is headquartered in Habo, Sweden. The company is engaged in manufacturing the high-quality professional lighting solutions. The company offers different brand categories such as ateljé Lyktan, iGuzzini, LED Linear, WE-EF, Fagerhult, LTS, Arlight, Eagle Lighting, Lighting Innovations, Whitecroft, Designplan Lighting, i-Valo and Veko. The iGuzzini is our market focused brand category.

For instance,

• In April 2017, iGuzzini launched Light Experience and Training Centre in Bahrain. This launch includes a series of seminars and a networking reception dedicated to lighting. This training centre has been launched in conjunction with Al Bait, which is longstanding distributor of iGuzzini. This experience helps the company to strengthen its presence in the Middle East region.

The company has presence in Asia Pacific, Europe, and Africa. In addition to it, the company also generates its revenue from various subsidiary companies such iGuzzini illuminazione(Italy), LTS Licht & Leuchten GmbH(germany), whitecroft lighting(U.K), Designplan Lighting Ltd(U.K), Commtech Commissioning Services S.A.(Spain), eagle lighting (South Africa) and Others