LEDiL designs, develops and sells secondary optics to lighting manufacturers globally. Development and design is carried out in Salo, Finland. Products are sold worldwide through the company’s own sales force, agents and distributors. Most production is performed by subcontractors in Finland, China and the US. The company’s products are found exclusively in commercial applications, such as retail stores, offices and street lighting.
The global lighting market has annual sales of approximately SEK 900 billion, with LED market penetration amounting to approximately 20%. Underlying growth is driven by a rising population, continued urbanisation and an increased demand for lighting. LED technology has revolutionised the lighting market through light quality, design flexibility, lower energy consumption, environmental friendliness and superior operating life.
Enhancing the efficiency and performance of LED lighting, and thereby further reducing its climate impact, is a top priority in LEDiL’s operations. The company’s optical solutions help provide light that enhances the well-being and safety of people and results in lower energy consumption in LED lighting. From LEDiL’s perspective, sustainability entails responsible operations throughout the supply chain. The entire organisation and the company’s subcontractors apply the company’s Code of Conduct and related policies, thereby laying the foundation for LEDiL’s sustainable performance. Employee satisfaction and safety are a high priority at LEDiL.
Global expansion and organic growth
LEDiL is a fast-growing, profitable and innovation-focused company that has built up a strong market position within its niche. Initiatives have been taken to establish the company in new markets and reinforce the organisation through, among other things, investments in areas such as product development and the subsequent launch of new, innovative products.