Lighting components are devices, which produce artificial light through the use of electricity. They are used to illuminate our offices, homes, hospitals and everything around us. The lighting components have various other uses like they are used for decoration, as glow signs, for lighting roads, at traffic signals and in automobiles. The lighting industry involves industrial, commercial, residential and public lighting. The largest growing market in the industry is lighting fixtures market. According to an estimate by Global Industry Analyst's Inc, the global market for lighting fixtures is estimated to reach US$94 billion by the end of 2010. This growth in the lighting industry is spurred by the rise in demand of lighting components. This demand is rising at the rate of 5% annually and was US$100 billion in 2006.

The largest manufacturer of lighting components is China with 83% share of the global market. The other important lighting components manufacturing countries are Taiwan, Singapore, Hong Kong and India. The most popular brands producing lighting components worldwide are GE Lighting Systems, Acuity Brands, Advanced Lighting Technologies, Philips Lighting, Catalina Lighting, Cooper Lighting, Genlyte Group, JJI Lighting Group, Grote Industries, Hubbell Lighting, Columbia Lighting, Juno Lighting, Koito Manufacturing Company, OSRAM GmbH, Universal Lighting Technologies, and Zumtobel AG.