Market Share of E-commerce Industry For Lighting Industry
The E-commerce Market For Lighting Industry is fragmented, with significant players like Dialight PLC, Nichia Corporation, Savant Systems Inc., Signify NV, and Panasonic Corporation. Players in the market are adopting strategies such as partnerships, mergers, collaborations, innovations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In May 2023, Savant Systems, Inc., one of the global industry leaders in smart home and energy anchored by power storage and flexible load management systems, announced that it has acquired POMCube, Inc.
In July 2022, to serve the best quality lighting and design products, 'The Stellar Kraft' launched its official all-exclusive e-commerce website. The website was likely to be solely dedicated to lights and design products, offering a first-hand user experience of the brand's current collections.
E-commerce Market Leaders
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Dialight PLC
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Nichia Corporation
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Savant Systems Inc.
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Signify NV
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Panasonic Corporation
*Disclaimer: Major Players sorted in no particular order
