Philips Lighting, OSRAM Gmbh and General Electric are dominating the Global Outdoor LED Lighting Market in 2018

Philips Lighting

Signify N.V. was founded in 1891 and is based in Eindhoven, the Netherlands. Signify N.V., together with its subsidiaries, develops, manufactures, and sells lighting products worldwide. The company operates through four segments: Lamps, LED, Professional, and Home. It offers incandescent, halogen, fluorescent, and high-intensity discharge lamps for residential and professional applications; and electronic components, such as electronic ballasts and drivers for luminaire manufacturers. The company also provides LED lamps comprising spots, bulbs, and tubes for professional and consumer channels; and LED electronic components consisting of LED drivers and modules for retail, hospitality, office, and outdoor applications. In addition, it offers conventional and LED luminaires, systems, and services for offices, commercial buildings, shops, hospitality, industry, and outdoor environments, including smart cities; and develops and sells functional and decorative home luminaires, connected lighting systems, and premium luminaires. The company was formerly known as Philips Lighting N.V. and changed its name to Signify N.V. in May 2018.

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Osram Gmbh

Osram Gmbh was founded in 1906 and whose headquarter situated at munich Germany. OSRAM Gmbh  AG provides various lighting products and solutions worldwide. It operates through three segments: Opto Semiconductors, Specialty Lighting, and Lighting Solutions & Systems. The company manufactures light-emitting diodes (LEDs) that are used in general lighting, automotive, consumer, and industrial applications, as well as infrared, laser, and optical sensors for the automotive, smartphone, wearable, general lighting, industrial lighting, and projection sectors, as well as lighting for plants. It also develops and produces lamps and lighting systems for the automotive sector; stage, cinema, and studio lighting; plant cultivation systems; and special lamps for industrial and medical applications, as well as develops and markets automotive systems based on LED and laser technology, and other customer-specific system solutions. In addition, the company develops, produces, and markets LED light engines and light management systems, as well as electronic ballasts for LED modules and traditional lamps. Further, it is involved in the production and sale of luminaires; design, implementation, and service of lighting solutions; and provision of products in the areas of street lighting and architectural lighting, as well as professional interior lighting applications. 

  • In September 2017, the company had launched Mid-power LED Osconiq P 2226. This LED solution especially manufactured for outdoor applications. These applications providing for horticultural and architectural lighting related application and apart from these it also providing lighting for indoor lighting systems which includes restaurants and hotels. These products require luminous efficacy up to 100 lm/W. This factor propels the growth of the market.

General Electric

Founded in 1982, which was situated at Massachusetts, U.S.. General Electric Company operates as a digital industrial company worldwide. It operates through Power, Renewable Energy, Oil & Gas, Aviation, Healthcare, Transportation, Lighting, and Capital segments. The Power segment offers technologies, solutions, and services related to energy production, including gas and steam turbines, engines, generators, and high voltage equipment; and power generation services and digital solutions. The Renewable Energy segment provides wind turbine platforms, and hardware and software; offshore wind turbines; solutions, products, and services to hydropower industry; and blades for onshore and offshore wind turbines. The Oil & Gas segment offers oilfield services, oilfield equipment, turbomachinery and process solutions, and digital solutions. The Aviation segment provides jet engines and turboprops; maintenance, component repair, and overhaul services, as well as replacement parts; and additive machines, materials, and engineering services. The Healthcare segment offers diagnostic imaging and clinical systems; products, services, and manufacturing solutions for drug discovery, the biopharmaceutical industry, and cellular and gene therapy technologies; and medical technologies, software, analytics, cloud solutions, and implementation and services. The Transportation segment provides freight and passenger locomotives, and rail and support advisory services; parts, integrated software solutions, and data analytics; software-enabled solutions; mining equipment and services; and marine diesel and stationary power diesel engines and motors, as well as overhaul, repair and upgrade, and wreck repair services. The Lighting segment offers light emitting diode products; and energy efficiency and productivity solutions.

  • In November 2018, the company had launched new LED replacement lamp. This bulb is applicable for industrial, warehouse and outdoor lighting customers. This 1000W LED replacement help in cutting down electricity consumption which in turn save millions of dollars on each bulb.