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Specialty Lighting Market Share

Report ID: GMI8145
Published Date: Feb 2024
Report Format: PDF

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Specialty Lighting Market Share

OSRAM GmbH, Inc. holds a significant share in the market. OSRAM is a leading player in the market, offering a wide range of innovative lighting solutions tailored to specific applications. With a focus on advanced technologies, such as LED and smart lighting systems, it provides customized lighting solutions for sectors including automotive, aerospace, healthcare, and entertainment across the world.

Major players, such as OSRAM GmbH, Signify Holding, CREE (IDEAL INDUSTRIES, INC.), and USHIO, are constantly implementing strategic measures, such as geographical expansion, acquisitions, mergers, collaborations, partnerships, and product or service launches, to gain market share.

Specialty Lighting Market Companies

Major players operating in the specialty lighting industry are:

Advanced Specialty Lighting
Advanced Stage Lights
Advanced UV
Brandon Medical
Color Imagination LED Lighting
CREE (IDEAL INDUSTRIES, INC.)
Crystal IS
Getinge AB
Herbert Waldmann
Integra Lifesciences
OSRAM GmbH
Signify Holding
SMART Global Holdings (Cree LED)
Steris PLC
USHIO
XYLEM

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for specialty lighting crossed USD 6 billion in 2023 and is expected to register over 7% CAGR from 2024 to 2032 owing to growing adoption of Light Emitting Diode (LED) technology and rising focus on aesthetics and design worldwide.

Specialty lighting industry from the wireless lighting segment is expected to register over 7.5% CAGR from 2024-2032 due to its ability in enabling users to control and adjust lighting settings remotely via smartphones, tablets, or centralized control systems.

North America market for specialty lighting recorded over 30% revenue share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the increased urbanization, technological advancements, and rising awareness of energy efficiency in the region.

Advanced Stage Lights, Advanced UV, Brandon Medical, Color Imagination LED Lighting, CREE (IDEAL INDUSTRIES, INC.), Crystal IS, Getinge AB, Herbert Waldmann, Integra Lifesciences, and OSRAM GmbH, are some of the major specialty lighting companies worldwide.