On the eve of the end of daylight savings for 2010 in the United States, we are headed into a darker period and one in which we’ll be switching on the lights earlier and earlier each day. So, today we look at the lighting market worldwide. According to a speech by the chairman of Philips Lighting North America, Kaj de Daas, there were approximately 4 billion screw-in light sockets in the United States in 2008. In terms of the global lighting market, Royal Philips, parent company of Philips Lighting North America, represents approximately 5% of the total.

Geographic reference: World
Year: 2008
Market size: $75 billion
Source: “The Global Lighting Market, Courtesy of Philips,” Seeking Alpha, October 23, 2008, available online here.
Original source: Philips Lighting North America