According to the research report, “Global Lighting fixtures Market Outlook, 2029” published by Bonafide Research, the market is anticipated to cross USD 190 Billion by 2029, increasing from USD 134 Billion in 2023. The market is expected to grow with 6.40% CAGR by 2024-29. 

 Top Six Compaies in the Lighting Fixtures Market 

1.Hubbell Inc.:  Hubbell Inc (Hubbell) is an electrical and electronic products manufacturer. It designs, manufactures, and sells its products for a wide range of applications in non-residential and residential construction, industrial, energy-related markets and utility markets. The company's product portfolio includes ground fault devices, high voltage test systems, LED components, mechanical connectors, specialty lighting, pole line hardware, insulators, arresters, and others. It offers the products through electrical and industrial distributors, home centers, retail and hardware outlets, and lighting showrooms. The company markets its products under various brands such as Hubbell, Raco, Victor, Implo, Bell, GAI-Tronics, Bryant, Wiegmann, Gleason Reel, Burndy, Killark, Hawke and others. products are either sourced complete, manufactured or assembled by subsidiaries in the United States, Canada, Puerto Rico, Mexico, the People’s Republic of China (“China”), the United Kingdom (“UK”), Brazil, Australia, Spain, Ireland, and the Republic of the Philippines. Hubbell also participates in joint ventures in Hong Kong and the Republic of the Philippines, and maintains offices in Singapore, Italy, China, India, Mexico, South Korea, Chile, and countries in the Middle East.

• Established: 1888

 • Headquarters:  Connecticut, United States

• Employees: 18000

• Revenue: USD 5.4  Billion

2.Signify N.V.: Signify N.V., formerly known as Philips Lighting N.V., is a Dutch multinational lighting corporation formed in 2016 as a result of the spin-off of the lighting division of Philips, by means of an IPO  Signify NV (Signify, manufactures and markets lighting products. It offers incandescent, specialty lighting, linear and compact fluorescent, high-intensity discharge, halogen, LEDs, fluorescent, electronic ballasts and drivers, among others. The company also provides integrated and customized lighting systems and light management services, including light design and engineering and remote monitoring and managed services. Signify markets its products under Philips, Interact, Philips Hue, Luceplan, WiZ, Color Kinetics and Modular brands. It markets products to commercial buildings, offices, hospitality, shops, industry, and outdoor environment sectors.. Company operates its manufacturing facilities in Asia-Pacific, the Americas and Europe. Denso is headquartered in Kariya, Aichi, Japan.

 • Established: 2016

• Headquarters:  Eindhoven, Netherlands

• Employees: 33,000

• Revenue: 6.7 Billion Euro

3.Everlight Electronics Co., Ltd: EVERLIGHT has over 40 years of R&D experience for reliable capability. With immediate service and an excellent brand reputation, EVERLIGHT has taken top five worldwide in the competitive LED market. EVERLIGHT provides a diverse product portfolio consisting of High Power LEDs, SMD LEDs, Lamps, Lighting Components, LED Lighting Modules, Digital Displays, Opto-couplers and Infrared Components for various applications. Today, EVERLIGHT is a global company with over 6,400 employees based in China, Hong Kong, Japan, Korea, Singapore, Malaysia, India, Germany and U.S.A.  

 • Established:1983

 • Headquarters: Taipei City, Taiwan

• Employees: 6400

• Revenue:  17,817 Million NT

 4.Nichia Corporation:  Nichia Corporation was established in 1956 and is located in Tokushima, Japan is a manufacturer of organometallic compounds and electronic materials. Nichia Corporation manufactures and distributes advanced materials. The Company produces optical semiconductor materials, fine chemicals, vacuum deposition materials, battery materials, magnetic materials, and other products. Nichia also produces diode lights, laser diodes, and other products.

 • Established: 1956

• Headquarters: Tokushima, Japan

• Employees: 9000

• Revenue: Estimated USD 1.2 Billion 

5.Panasonic Holdings Corporation: Panasonic was established in 1918 by its founder, Konosuke Matsushita, and has been committed to the progress and development of society and the well-being of people through its business activities, thereby enhancing the quality of life throughout the world. Panasonic's product portfolio includes room air-conditioners, TVs, fixed-phones, digital cameras, video equipment, home audio equipment, rice cookers, lamps, wiring devices, air-conditioning equipment, air purifiers and bicycles. It also offers electronic components, mounting machines, welding equipment, PCs and tablets, projectors, batteries, electric motors, electronic components, electronic materials, semiconductors and LCD panels. It provides consumer, logistics, automotive, aviation, entertainment, manufacturing and housing solutions, among others.

• Established:1918

• Headquarters: Osaka, Japan

• Employees: 14,280 

• Revenue: 8378.9 Million Yen

 6.The Zumtobel Group: The company's services include consultation on smart lighting controls and emergency lighting systems, light contracting, designing services and project management of turnkey lighting solutions. Zumtobel is headquartered in Dornbirn, Vorarlberg, Austria.. For over 60 years, the Zumtobel brand has been synonymous with innovation, unique product and service quality and superior design. The brand has always been underpinned by knowledge of lighting and a profound understanding of its effects on people. Aspiring to create the best light for people and the environment, Zumtobel provides customised solutions featuring measurable added value. 

• Established: 1960

• Headquarters: Dornbirn, Austria 

• Employees: 5500

• Revenue: 1127 Million Euro