Middle East and Africa Indoor Lighting Market is expected to grow at a CAGR of 4.1% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Middle East and Africa indoor lighting market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed various strategic developments owing to favourable market scenario.
The major players dealing in Middle East and Africa indoor lighting market are introducing strong range of product portfolio. This has also helped the company to maximize the sales with enhanced product portfolio. For instance, In September 2019, LEDVANCE GmbH has launched four LED replacement models for fluorescent lamps for different areas of applications. These four products comprises of features such as SubstiTube T8 Motion Sensor, SubstiTube T8 Connected, SubstiTube T5 Universal and SubstiTube T8 Universal. The new portfolio comes with glass design. This product launch will be beneficial for the company to extend its product portfolio.
Signify Holding is the dominating player in the Middle East and Africa indoor lighting market. The other key players existing in the market includes Dialight, Syska, Zumtobel Group AG, Halla, a.s, Reggiani Spa Illuminazione, LEDVANCE GmbH, Sylvania, NEPTUN LIGHT, INC, LIGMAN Lighting Co., Ltd., Bamford Lighting, Astute Lighting Ltd, Dextra Group Plc, Warwick Lighting, Altman Lighting, Hubbell Incorporated, OLIGO Lichttechnik GmbH, EST Lights, TRILUX Lighting Ltd., Enarlux, IDEAL INDUSTRIES, INC. Switchmate Inc., Lutron Ketra LLC, TAOlight , Nualight Limited, Wipro Lighting, ASTRO LIGHTING, ENDO Lighting Corporation, NVC International Development Limited.
Signify Holding
Signify Holding is headquartered in North Brabant, The Netherlands which was founded in 1891. The company performs in different lighting segments such as lamps, LED, professional, home, and other. LED is the market focused segment. The company offers brand categories such as Philips, Interact, Modular Lighting Instruments, Color Kinetics and Philips is our market focused category
For instance,
- In October 2019, Philips comes up with a Smart Wi-Fi LED bulb in India which is built on WiZ technology platform. The customers can download the WiZ app from Apple App store or playstore and able to function easily by connecting it via home WiFi network to a smart Wifi LED bulb.
The company has wide global presence across the globe such as in Europe, Latin America, Asia-Pacific, Middle East & Africa, and North America. In addition to it, the company also generates its revenue from the various subsidiary companies such as Philips (The Netherlands), Signify (China) Investment Co., Ltd (China), Signify GmbH (Germany), Signify Holding B.V. (The Netherlands), Signify Hong Kong Limited (Hong Kong), Signify Netherlands B.V (The Netherlands), Signify North America Corporation (U.S.), Signify Poland Sp. z o.o. (Poland) among others.
OSRAM GmbH
OSRAM GmbH headquartered in Munich, Germany which was founded in 1906. The company performs its solutions segments such as opto semiconductors, specialty lighting, lighting solutions and systems. The company offers automotive lighting, Led (light emitting diodes), emitters, lasers, sensors, led light engines and modules, light management systems, electronic control gear, flexible and rigid lighting solutions, traditional and specialty lamps, luminaires and LED (Light Emitting Diodes), traditional and specialty lamps are our market focused product categories
For instance,
- In November 2018, OSRAM Gmbh introduces a new LED for general lighting Osconiq S3030, this lighting have industrial as well as outdoor applications. Newly launched product is expected to enhance the product portfolio as well as customer base of the company.
The company has wide global presence across the globe such as in Americas, Europe, Middle East and Africa, and Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such OSRAM A/S (Denmark), OSRAM Continental GmbH (Germany), OSRAM Continental Austria GmbH (Austria), OSRAM Comercio de Solucoes de Iluminacao Ltda. (Brazil), OSRAM China Lighting Ltd. (China) among others.
Zumtobel Group AG
Zumtobel Group AG is headquartered in Dornbirn, Austria and it was founded in1950. The company design and manufactures hardware and software for lighting systems. The company offers product categories such as track and spots, modular lighting systems, downlights, recessed luminaires, surface-mounted and pendant luminaires, freestanding and wall mounted luminaires, continuous-row systems and individual batten luminaires, high-bay luminaires, luminaires with extra protection, outdoor luminaires, lighting management system, emergency lighting, spare parts, the editions and track and spots, modular lighting systems, downlights, Recessed Luminaires, Surface-mounted and Pendant Luminaires is our market focused category.
For instance,
- In June 2019, Zumtobel Group AG which is engaged in design and manufactures hardware manufactures hardware and software for lighting systems opened opens new software competence center for lighting technologies in Portugal. In the new center the company operates on current market trends in the areas of smart lighting, connected solutions and IoT. This business expansion helped the company to strengthen its lighting systems.
The company has presence in Europe, Americas, Asia-Pacific, and Middle East & Africa. In addition to it, the company also generates its revenue from various subsidiary companies such as Tridonic Holding GmbH (Germany), Thorn Lighting (Guangzhou) Ltd. (China), Thorn Lighting (Tianjin) Company Ltd. (China), TLG Sweden Holdings AB (Sweden), ZG Lighting Austria GmbH (Austria)
