In this piece, we’ll take a look at the 5 Biggest Lighting Companies in the World. For more such companies, go to 14 Biggest Lighting Companies in the World.
5. Eaton Corporation (NYSE:ETN)
Annual revenue 2021: $19.62 billion
Eaton Corporation (NYSE:ETN) was founded in 1911. It’s an American-Irish power management multinational company. In the lighting sector, it provides both indoor and outdoor lighting and control solutions focused on safe and efficient energy. In 2021, annual revenue of $19.62 billion was reported by the company.
Here is what ClearBridge Investments Sustainability Leaders Strategy has to say about Eaton Corporation plc (NYSE:ETN) in its Q1 2022 investor letter:
We also added to Eaton (NYSE:ETN), a market leader in the electrical equipment industry and a position begun late in 2021. Eaton’s products enable the electrification of the power grid and, importantly, EV charging infrastructure. Share prices should benefit as EVs grow and investments increase to improve grid efficiency and resilience.
4. Schneider Electric SE (EPA:SU)
Annual revenue 2021: $32.89 billion
Headquartered in Rueil-Malmaison, France, Schneider Electric SE (EPA:SU) is a multinational company that deals and specializes in energy management and digital automation. Its operations are based on energy technologies combined with real-time automation and software and address houses, office buildings, or any such infrastructures and industries. Schneider Electric SE (EPA:SU)’s annual revenue in 2021 was $32.89 billion.
3. Panasonic Holdings Corporation (TYO:6752)
Annual revenue 2021: $60.7 billion
Founded in 1918, Panasonic Holdings Corporation (TYO:6752) is a multinational company that deals with the development and manufacturing of consumer electronic products. Panasonic Holdings Corporation (TYO:6752) is one of the leading companies in the lighting industry. The annual revenue of Panasonic Holdings Corporation (TYO:6752) stood at $60.7 billion in 2021.
2. General Electric Company (NYSE:GE)
Annual revenue 2021: $74.19 billion
Headquartered in Boston, Massachusetts, General Electric Company (NYSE:GE) has its operations divided into 4 major industries, which are GE Renewable Energy, GE Healthcare, GE Aviation, and GE Power. The total revenue of General Electric Company (NYSE:GE) in the year 2021 was $74.19 billion. General Electric Company (NYSE:GE) sold its subsidiary GE Lighting to Savant Systems and is now co-owned by both parent organizations.
1. Samsung Electronics Co., Ltd. (KRX:005930)
Annual revenue 2021: $240.71 billion
Samsung Electronics Co., Ltd. (KRX:005930) is recognized internationally as one of the top global brands in technology. The company was founded in 1938 in South Korea. Samsung was later founded in 1969, and it later proved to be a key segment of the Samsung Group and accounted for 70% of the revenue of the entire Samsung Group in 2012. In 2021, Samsung Electronics Co., Ltd. (KRX:005930)’s revenue stood at $240.71 billion.
You can also take a look at Top 15 Infrastructure Companies in the US and 15 Most Capitalist Companies in the World.
