Lamp Market | Eye Lighting International, Koninklijke Philips N.V., Federal Mogul, EiKO Limited, Panasonic, GE, Havells India Ltd, OSRAM, Federal-Mogul Powertrain, Panasonic, Philips, Toshiba

U.S. contributed significantly toward North America lamp market in 2016. Shifting trends toward the adoption of energy efficient products to consume less energy will stimulate the market growth. Presence of strong automotive base across this region will also fuel the demand for the product. Halogen lamps are increasingly used in the automobiles due to their ability to consume lesser energy as compare to incandescent bulbs. Replacing these lamps also costs lesser, subject to which North America lamp market will experience a significant growth.

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Lamp market is generating significant momentum in the overall lighting industry as the market players are launching a wide range of product portfolios with low pricing strategies to compete with other LED counterparts. Electric discharge product segment will register a significant annual growth rate over the coming seven years. Since the last decade, the requirement for CFLs has been increasing considerably, which will amplify lamp market demand. Electric discharge lamps offer benefits like ease of reliability, superior efficiency, and a long shelf life, which will favorably influence the industry growth. Due to the benefits such as quick initial start-up time, excellent light quality, remarkable illumination, and less glare, the demand for fluorescent lamps, a type of electric discharge product will be suitably augmented over the forecast timeframe.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. GE
2. Interlectric Corporation
3. Havells India Ltd
4. Amglo Kemlite Labs
5. Bajaj Group
6. Ajanta Manufacturing Limited
7. OSRAM
8. MaxLite
9. EiKO Global, LLC
10. EYE Lighting International
11. Federal-Mogul Powertrain
12. Panasonic
13. Philips
14. Stanley Electric U.S. Co., Inc.
15. Toshiba

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Fluorescent and halogen lamps are among the most widely used lighting sources. Modern fluorescent bulbs provide a cost-effective solution for both private and commercial uses. Moreover, they uniformly distribute the light and are featured with long service life, high luminous efficacy, low energy consumption, and superior reliability. Substitution of fluorescent bulbs with advanced LEDs will drastically decrease the demand for raw materials such as Europium and Yttrium.

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