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.
(EMAILWIRE.COM, May 17, 2021 ) 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.
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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.
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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.
Download PDF Brochure@
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=207496480
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.
Request Sample Pages@
https://www.marketsandmarkets.com/requestsampleNew.asp?id=207496480
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Contact Information:
MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results