When talking about global lighting, we had to think of Europe. It is the biggest lighting market in the world. Its market share is 25 percent. The second are North America and China. They have a market share of 20 percent and 17 percent, respectively. Growth is forecast at 2.0% during 2022-2028. From the data, we can see the indeed of global lighting is increasing. For this reason, there are more and more lighting companies are gradually rising. They are all exploring business around the world. In order to reference convenience, we have searched the top 10 lighting companies in the world. Please check it.
1. Importance of lighting companies
We can’t leave the lighting company. What I want to say first is it plays a crucial role in shaping the way we illuminate our surroundings. It can enhance the productivity, safety, and ambiance of residential and commercial spaces by providing effective lighting solutions. Ok, let us imagine, that if there is no lighting, our world will become dark and can’t do anything. Secondly, lighting companies are also under pressure to develop eco-friendly products due to the growing emphasis on sustainability. They are asked to minimize energy consumption and reduce environmental impact.
Let’s have a look at the criteria for Evaluating Lighting Companies:
- Innovation: In any industry, innovation is key to staying ahead. No exception the lighting Companies. Cutting-edge technologies and designs will give companies a competitive edge if they invest in research and development. So you’d better choose the company who valve innovation.
- Product Range: There are more types of products and more options customers can choose. It is indicative of a company’s versatility and market adaptability if it offers a variety of products to meet different needs and preferences. So Product Range is the second factor that needs to be considered.
- Sustainability Efforts: Sustainability is a new factor that rose in the near period. It takes center stage gradually. Due to this, you are gravitating toward companies that use recycled materials and eco-friendly manufacturing processes.
- Customer Satisfaction: People know you best from what others say about you. As well as the lighting companies. A company’s responsiveness to customer needs and preferences is reflected in positive feedback from customers.
2. List of top 10 lighting companies around the world in 2024
Here’s a closer look at the top 10 lighting manufacturers around the world:
Top 1: Philips
Website: https://www.lighting.philips.com/
Type of Business: Manufacturer and Supplier
Location: Eindhoven, Netherlands
Established Year: 1891
Key Products:
- Indoor luminaires
- Outdoor luminaires
- Highlighted Products
- Pacific LED gen5
- TrueForce LED lamps
- Coraline luminaires
- MasterConnect LED lamps
There’s no denying that Philips is a big brand in the electrical industry. At least I think so. Its goal is to improve people’s health and well-being through lighting. In the belonging aspect, it is owned by Royal Philips Electronics. In the history aspect, since 1891, it has been providing innovative lighting solutions for people. Their product range includes indoor luminaires, lighting controls, and more. From incandescent bulbs to modern LED products. Their products recover many industries, such as family, office, street, garden, and more.
Top 2: Postmodern lighting
Website: https://postmodernlighting.com/
Type of Business: Manufacturer and Exporter
Location: Guangdong province, China.
Established Year: 2008
Key Products:
- Chandeliers
- Pendant lights
- Wall lights
- Table lamps
- Floor lamps
- and more.
Postmodernlighting’s advantages:
- It has good precision, this can be applied to both traditional and contemporary designs.
- The high-quality materials reflect the meticulous attention to detail.
- Thirdly, it also values sustainability. They design eco-friendly lighting solutions promoting sustainability.
The second company we recommend is Postmodern Lighting. It is a leading lighting manufacturer in China. Founded in 2008. Count it, already has more than 15 years of in manufacturing and designing lighting. It’s goal is to become a leader in the global lighting market. In the product quality aspect, they deliver unparalleled quality and performance in every product With a rich heritage of craftsmanship and expertise.
Top 3: GE Lighting
Website: https://www.gelighting.com/
Type of Business: Manufacturer, Wholesaler, and Exporter
Location: Ohio, United States of America
Established Year: 1911
Key Products:
- Smart bulbs
- Vintage LED
- Fixtures
- Light sensors
In 1911, Thomas Edison founded GE Lighting. He’s a pioneer in the lighting industry. In the products aspect. They are focused on energy efficiency and durability. For this reason, GE Lighting offers a wide range of high-quality lighting solutions. In the innovation aspect, they also provide smart lighting products with features. These products has remote control, motion-sensor technology, and more.
Top 4: Panasonic
Website: https://www.panasonic.com/
Type of Business: Manufacturer, Wholesaler, and Retailer
Location: Osaka, Japan
Established Year: 1918
Key Products:
- Indoor luminaires
- Street lighting
- Multi-colored bulbs
- Smart lighting systems
What are the mainly advantages of Panasonic? Yes, that is innovative and energy-efficient lighting products. From indoor luminaires to street lighting, you can find the products of Panasonic everywhere. In the warranty service aspect, their products are backed by a strong warranty, ensuring reliability and longevity.
Top 5: Toshiba
Website: https://www.toshiba-lighting.com/
Type of Business: Manufacturer and Supplier
Location: Tokyo, Japan
Established Year: 1890
Key Products:
- Outdoor lights
- Solar lamps
- Downlights
- E-core LED lamps
The fifth company is Toshiba. It is major in producing energy-efficient lighting solutions with a focus on sustainability. Among other things, their LEDs are mercury-free and can be used in commercial and residential settings. Do you know why consumers trust Toshiba? Because its products are known for their quality and reliability.
Top 6: Cooper Lighting
Website: https://www.cooperlighting.com/
Type of Business: Manufacturer, Distributor, and Exporter
Location: Georgia, United States of America
Established Year: 1956
Key Products:
- Roadway lighting systems
- LED sports lights
- Fixtures
- Surface-mounted luminaires
Signify is the parent company of Cooper Lighting. They are parent and son relationship. Lighting options for indoors and outdoors are available from the company. HALO and Corelite are also part of its portfolio. In North America, it is a dominant player. Its designers major in smart lighting systems that are convenient and easy to use.
Top 7: Acuity Brands
Website: https://www.acuitybrands.com/
Type of Business: Manufacturer, Supplier, and Exporter
Location: Georgia, United States of America
Established Year: 1892
Key Products:
- Luminaires
- Lighting controls
- Lighting components
- Prismatic skylights
Well, the seventh company we will introduce is Acuity Brands. It is a leading provider of smart lighting and building management systems. Let me tell you. It is an expert in indoor and outdoor lighting applications. And offers dynamic lighting products for various industries. Quality and innovation are important to them. This is why they’re a trusted choice for customers everywhere.
Top 8: Lithonia Lighting
Website: https://lithonia.acuitybrands.com/
Type of Business: Manufacturer, Supplier, and Exporter
Location: Georgia, United States
Established Year: 1946
Key Products:
- High bays
- Troffers
- Controls-enabled lighting
- Emergency lighting products
Ok, let’s have a look at the eight company —Lithonia Lighting. The company is owned by Acuity Brands. Lithonia Lighting is well known just like Acuity Brands, right? This is because of its extensive product portfolio and customer-focused approach. Lithonia offers solutions for diverse applications from commercial to residential lighting. In the products aspect, their products are designed to be flexible and adaptable to customer needs.
Top 9: Thorn Lighting
Website: https://www.thornlighting.com/
Type of Business: Manufacturer and Supplier
Location: London, England
Established Year: 1928
Key Products:
- Downlights
- Freestanding luminaires
- Architectural floodlighting
- Emergency exit lights
- Indoor Lighting
- Outdoor Lighting
The top ninth company is Thorn Lighting. It is a subsidiary of Zumtobel Group. It is recognized for its reliable and efficient lighting products. Thorn Lighting is major in indoor and outdoor applications. Its goal is intuitive and intelligent lighting solutions. In the smart lighting aspect, they cater to various sectors, including Smart Cities, to ensure the well-being of citizens.
Top 10: Cree
Website: https://www.creelighting.com/
Type of Business: Manufacturer and Supplier
Location: North Carolina, United States
Established Year: 1987
Key Products:
- Canopy & soffits
- Wall mounts
- Street & roadway lighting
- Troffers
- Residential Lighting
Well, the last company we advise is Cree Inc. It is a leader in LED lighting technology. It is major in innovative and unique products. Its goal is to focus on customer satisfaction through advanced technology. In the product aspect, their product range includes indoor, outdoor, and residential lighting solutions. What’s more, it has been assessed certifications for environmental and sustainability practices. This means its products are eco-friendly.
3. Lighting FAQs
Ok, we’ll answer some common questions about the lighting industry.
1) What are the emerging trends in the lighting industry?
The lighting industry is constantly evolving with new technologies and trends from the above content. Here’s how we can summarize its trend:
- Smart Lighting Technology: From a technology standpoint, smart lighting systems are gaining popularity for their convenience and energy-saving features.
- Sustainable Lighting Solutions: On the environmental side, there’s a growing demand for sustainable lighting solutions that are energy-efficient and recyclable.
2) What factors should I consider when choosing a lighting company?
Definitely. Innovation, product range, sustainability efforts, customer satisfaction, and more. All these factors should be considered.
3) Are LED lights more energy-efficient than traditional lighting options?
Yes. LED lights are known for their energy efficiency and longer lifespan.
4) How can I assess a company’s commitment to sustainability?
There, I have a check way. That is observing whether the company uses eco-friendly manufacturing processes and recyclable materials during the manufacturing process.
5) Do lighting companies offer customization options for their products?
Well, we found that there are many lighting companies that offer customization options to meet the specific needs and preferences of their customers. But some are not. You’d better choose the former.
6) Is it worth investing in smart lighting solutions?
I think it’s worth the investment. Smart lighting solutions bring you to control lighting remotely, save energy more, using more convenient. Now more and more consumers choose to invest in them.
4. Conclusion
The above companies were selected by us after comparing products, strengths, customer service, and other factors. By recognizing the top players in the market and understanding their strengths and offerings, you can make informed decisions when selecting lighting solutions for their needs. Lighting is a potential industry, if you are considering starting this business. Hope this post will help you.
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