Industry Analysis & Industry Trends
In the five years to 2014, the Lighting and Bulb Manufacturing industry has struggled with rising import penetration and increasing input costs, which constrained revenue and profitability growth. Additionally, the increasing substitution of LEDs for traditional lighting systems has dramatically reduced demand for industry products. Poor industry performance is expected during the next five years, as contractors and homeowners alike are expected to increasingly opt for LED-lighting systems over industry products, significantly reducing downstream demand; import penetration levels are anticipated to continue growing, bolstering price competition for domestic manufacturers... 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