Hospital Lighting Market

Key Players in the Hospital Lighting Market are Focusing on Product Launches

The hospital lighting market is consolidated in nature due to the presence of a few large players. The prominent players in the market include are General Electric Company (U.S.), Acuity Brands Lighting Inc. (U.S.), Cree Inc. (U.S.), Eaton Corporation PLC (Ireland), Hubbell Incorporated (U.S.), Koninklijke Philips N.V. (Netherlands), and Zumtobel Group AG (Austria). Other players in this market include Herbert Waldmann GmbH & Co. KG (Germany), KLS Martin Group (Germany), and Trilux Lighting Ltd (U.K.).

Koninklijke Philips N.V. (Netherlands) is the largest player in the global hospital lighting market. The company offers a wide range of products for hospital lighting. The company, with its strong product portfolio for hospital lighting has established itself as one of the leading players in this market. The company focuses on product launches to strengthen its position in the market. For instance, in February 2017, Philips Lighting launched the Philips T5 LED tube. The T5 LED tube offers high light output and quality. In January 2017, Philips Lighting launched the Philips VL6000 Beam Luminaire. Philips VL6000 Beam offers a super bright output that exceeds 55,000 lumens. Such product launches enabled the company to maintain its dominance in this market.

General Electric Company (U.S.) is the second-largest player in the hospital lighting market. The company adopted product launches as its key strategy to strengthen its position in the market. For instance, in June 2015, GE launched the Bright Stik LED which is considered the replacement for CFL. GE is driving the adoption of LEDs with the introduction of Bright Stik.

Eaton Corporation PLC (Ireland) is the third-largest player in the global hospital lighting market. The company offers a wide range of lighting products used in various healthcare applications. The company focused on growing and improving the profitability of its businesses and implemented a strategy to launch hospital lighting specific products. For instance, in August 2016, Eaton Corporation PLC launched Dim-to-Warm LED technology. LED products are offered in four-color temperatures including 2700K, 3000K, 3500K, and 4000K to satisfy the different needs of dwellings, hospitality, retail, office, and institutional spaces.

The key strategies followed by most companies in the hospital lighting market are product launches. The key players such as Acuity Brands Lighting Inc. (U.S.), Eaton Corporation PLC (Ireland), and Koninklijke Philips N.V. (Netherlands) are the leading manufacturing companies that adopted this strategy to expand their existing product portfolios and enhance their presence in the market.

Related Reports:

Hospital Lighting Market by Product (Troffers, Surface-mounted lights, Surgical lamps), Technology ( Fluorescent, LED, Renewable Energy) Application (Patient Wards & ICUs, Examination Rooms, Surgical Suites - Global Forecast to 2021

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
MD 5215
Published ON
Apr, 2017
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Hospital Lighting Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved