LEDiL designs, develops and sells optics for lighting manufacturers around the world. Development and design take place at LEDiL’s head office in Salo, Finland. Sales are conducted through the company’s in-house sales force as well as through agents and distributors. Subcontractors in Finland, China and the US carry out primary production. 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 20-25%. Underlying growth is driven by a rising global population, continued urbanisation and an increasing demand for lighting. LED technology has revolutionised the lighting market through light quality, design flexibility, lower energy consumption, environmental friendliness and superior operating life. LEDiL’s primary competitors are manufacturers of specially designed plastic components, such as LedLink, Bicom, Gaggione and Carclo.
Enhancing the efficiency and performance of LED lighting, and thereby reducing its climate impact, is at the core of LEDiL's business. The company’s optical solutions help provide light that enhances the well-being and safety of people and further improve the energy savings of 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 well-being and safety are among the highest priorities 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. The company was founded by two engineers in 2002 and has grown to become an Industry leader and trendsetter, employing more than 150 people globally. The company’s opportunities for continued organic growth within several application areas and markets, combined with the underlying rising demand for energy-efficient, environmentally friendly, high-quality LED lighting, will be growth drivers in the years ahead. Investments have been made in entering new markets and reinforcing the organization by investing in areas such as product development, launching new innovative products and in sales. These investments have been made to continue expanding LEDiL’s current market position and strengthen the brand as the undisputed expert in the lighting industry.