Industry Analysis & Industry Trends
The industry has been enduring tough conditions, including rising import penetration and increasing input costs, which caused revenue and profitability to decline in the five years to 2013. Decreasing downstream demand also hurt revenue during the recession since fewer industry products were purchased for residential, nonresidential and infrastructure construction. While overall construction is expected to improve, the Lighting and Bulb manufacturing industry will not experience the same progress. A strong rebound in residential, nonresidential and infrastructure construction will help soften demand declines, but over the five years to 2018 revenue is expected to decline overall... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Lighting and Bulb Manufacturing industry has a high market share concentration. The top three major players, Philips, General Electric and OSRAM are expected to account for over 80.0% of industry revenue in 2014. Global brand recognition along with established relationships with major customers has allowed this industry to be dominated by several large key players, as evidenced by 11.0% of firms having over 500 employees. While large industry players dominate the market for general, all-purpose lighting systems, smaller industry firms tend to specialize in niche product markets, such as green energy products.
In the five years to 2014, industry concentration has been on the rise due to mergers and acquisitions... purchase to read more