Light Engine Market Size & Share, by Product Type (Lamps, Luminaires); Installation Type (New Installation, Retrofit Installation); End-user (Residential, Industrial, Commercial) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3648
  • Published Date: Aug 07, 2023
  • Report Format: PDF, PPT

Companies Dominating the Light Engine Market

top-features-companies
    • General Electric Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Acuity Brands, Inc.
    • OSRAM GmbH
    • Samsung Electronics Co., Ltd.
    • Signify Holding
    • Zumtobel Lighting GmbH
    • Glamox Limited
    • Hubbell Incorporated
    • Ideal Industries Inc.
    • Lutron Electronics Co., Inc.

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • June 2021- Acuity Brands, Inc. agreed to acquire the North American operations of ams Osram’s digital systems business, which includes manufacture of LED drivers, LED light engines, and components for internet connectivity.

 

  • June 2022- DEDO lights, a manufacturer of LED lighting and solutions, and its partner firm Prolycht announced the new RGBLAC LED lighting system. This LED produces a spot light beam with a 6:1 variation.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 3648
  • Published Date: Aug 07, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the market growth are the growing demand for energy-efficient lighting systems and the reduction in the price of LED lights around the world.

The market is anticipated to attain a CAGR of ~14% over the forecast period, i.e., 2022 ââ‚Ãâ€Å

Asia Pacific will provide more business opportunities for market growth owing to the increasing construction activities, and growing government initiatives to promote energy-efficiency lighting in the region.

The major players in the market are General Electric Company, Acuity Brands, Inc., OSRAM GmbH, Samsung Electronics Co., Ltd., Signify Holding, and others.

The luminaries segment is anticipated to hold largest market size and is estimated to grow at a robust CAGR over the forecast period and display significant growth opportunities.
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