Market Share of North America Commercial Lighting Control Industry
The North American commercial lighting control market is very competitive. The North American market is highly concentrated due to various large and small players. All the major players account for a significant market share and focus on expanding the global consumer base. Some significant players in the market are Acuity Brands Inc., Eaton Corporation, Lutron Electronics Co. Inc., Leviton Manufacturing Co. Inc., Signify Holding, and many more. Several companies are increasing their market share by forming collaborations, partnerships, and acquisitions and introducing new and innovative products to earn a competitive edge during the forecast period.
• March 2024: The new collaboration between Acuity Brands and Hort Americas signals a significant development in horticulture lighting, emphasizing technological innovation and increasing energy efficiency. Acuity Brands' purchase of the Arize range of horticulture lighting products earlier this year resulted in a broader reach in controlled environment agriculture. The partnership between the two companies is focused on introducing advanced lighting solutions and innovative technology to the industry, taking advantage of Acuity Brands' status as the biggest lighting manufacturer in North America.
• March 2024: MaxLite introduced the release of c-Max Network Partners, which offers a sophisticated network lighting controls option that integrates MaxLite's extensive c-Max controls-ready light fixtures. MaxLite selected Silvair as a network partner because of its comprehensive technology stack for advanced wireless controls and IoT enablement using Bluetooth Networked Lighting Control (NLC) open standards. This partnership goes beyond combining two technologies; it aims to establish a higher benchmark for innovation and user-friendliness in the lighting field.
North America Commercial Lighting Control Market Leaders
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Acuity Brands, Inc.
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Eaton Corporation
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Lutron Electronics Co., Inc.
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Leviton Manufacturing Co., Inc.
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Signify Holding
*Disclaimer: Major Players sorted in no particular order