The electric lighting equipment manufacturing industry comprise establishments manufacturing electric lamp bulbs and lighting fixtures for residential, institutional, commercial, industrial and automotive purposes. Some products manufactured by this industry include are lamp bulbs such as automotive lighting, decorative bulbs, halogen bulbs, mercury halide bulbs etc. and their components. Electric lighting fixtures includes products ranging from simple table lamp fixtures to underwater lighting fixtures.
The top five companies covered are General Electric Corporation, Panasonic Corporation, Koninklijke Philips N.V., Eaton Corporation Plc. and OSRAM GmbH. General Electric (GE) was the largest company in the electric lighting equipment manufacturing market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Electric Lighting Equipment Manufacturing Global Market Size
The global electric lighting equipment manufacturing market was valued at around $103 billion in 2017. Asia Pacific was the largest region in the electric lighting equipment manufacturing market in 2017, accounting for nearly 45% market share. China was the largest country in the market in 2017, accounting for more than 20% market share.
Electric Lighting Equipment Manufacturing Global Market Trend
Major lighting companies are integrating lighting fixtures with IoT technology to enable remote user control and for controlling lighting in office, work environment and city infrastructure. IoT technology is widely being used in homes and work places to integrate and control internal and external light fixtures. Beacons, which are small bluetooth radio transmitters that give signals to other devices, are used to enable wireless lighting control and broadcast the location of fixtures.
Electric Lighting Equipment Manufacturing Global Market Segmentation
The electric lighting equipment manufacturing market is segmented into General Lighting, Automotive Lighting and Back Lighting.
General Lighting Manufacturing segment includes chandeliers, ceiling or wall-mounted fixtures, recessed or track lights and lanterns mounted on the outside of the home.
Automotive Lighting Manufacturing segment includes lighting and signaling devices in motor vehicles which are integrated to front, rear, sides, and in some cases the top of the vehicles.
Back Lighting segment includes lighting devices which are used in electronic products manufacturing such as televisions and mobiles.