Signify Holding, OSRAM GmbH, GENERAL ELECTRIC, Zumtobel are Dominating the Market for Global Indoor LED Lighting Market in 2018

Global Indoor LED Lighting Market

Signify Holding

The company was founded in 1871, headquarters at Eindhoven, Netherlands. The focus of the company is in developing, manufacturing and selling lighting products.

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  • In April 2017, Signify Holding has announced the launch of the wireless connected lighting system, which would help in reducing energy use by up to 70 percent, and it would help company to grab more market share because it makes the shift the normal experience into smart office as it doesn’t require much initial investment.

The company has its presence in Europe, Americas, Rest of the World and Global Business. Subsidiaries of the company include Philips Lighting (China) Investment Co., Ltd, Philips Lighting B.V.(Netherlands), Philips Lighting GmbH (Germany), Philips Lighting Holding B.V. (Netherlands), Philips Lighting Hong Kong Limited (Hong Kong), Philips Lighting North America Corporation (U.S.), Philips Lighting Poland Sp.z o.o. (Poland)and others

OSRAM GmbH

OSRAM GmbH was founded in 1919 at Munich, Germany. The company is engaged in manufacturing and selling of lamps and lighting systems. The company provides Speciality Lighting (SP), Opto Semiconductors (OS), Lighting Solutions & Systems (LSS). The company’s subsidiaries include Speciality Lighting (SP), Opto Semiconductors (OS), Lighting Solutions & Systems (LSS).

  • In December 2018, OSRAM GMBH announced the launch of the IoT platform for the lighting and building market, which would help in getting the more market share and expansion.
  • In November 2018, OSRAM GMBH announced the launch of Osconiq S3030, Osram Opto Semiconductors, it would be beneficial for OSRAM as it would meet professional demands in general lighting applications.

General Electric

General electric was founded in 1892, headquarters at Massachusetts, U.S. The company is engaged in manufacturing electrical and electronic products and systems. The company operates through various segments power, aviation, healthcare, oil & gas, renewable energy, transportation and lighting.

  • In January 2019, General Electric lighting announced the launch of the products for C by GE portfolio, therefor C by GE full-color bulbs which can be controlled by Google Home, Google Mini, Google Max or Google Home Hub.

The company has its presence in U.S., Europe, Asia, Americas, Middle East and Africa. The company has its subsidiaries Baker Hughes (U.S.), GE Healthcare (U.S.), GE Aviation (U.S.), GE Capital (U.S.), GE Digital (U.S.) and others.