Lutron Electronics Co., Inc.

Lutron Electronics Co., Inc. Overview

Company Headquarters: US

Founded: 1961

Workforce: ~2200

Company Working: Lutron Electronics Co., Inc (Lutron) is a leading manufacturer of energy-saving smart home and office devices. Lighting control devices and system is one of the major products of the company. It offers more than 15,000 lighting control products. Lighting control solutions provided by the company are used in hotels, restaurants, retail stores, conference facilities, educational facilities, hospitals, and museums. The other product offering of the company include sensors, home and building systems, shading systems, among others. Lutron operates in regions including the Americas, Europe, Asia-Pacific, and the Middle East.

Strategy

Lutron Electronics follows inorganic strategies by partnering and acquiring other companies. Lutron makes open architecture solutions that can easily be integrated with different systems. It has also made strategic relationships with several LED light source manufacturers to ensure compatibility and provide the customer with the best possible solutions and products. The company is also inventing new products and technologies with the help of extensive R&D.

Company Snapshot

2,200

Employees

1961

Founded

US

Headquarters

SWOT Analysis

Strengths

Focus on innovation
Balanced product portfolio

Weaknesses

Limited success outside core business

Opportunities

Growing demand for smart homes

Threats

Stringent regulatory environment

Key Developments

Date	Approach	Development
May 2019	Product Launch	Lutron launched QuEst-D, Quick Estimating and Design software, an intuitive, web-based tool. It instantly provides a code-compliant and wireless lighting control solution.
May 2019	Product Launch	Lutron discovered Lutron HXL, a new approach to Human Centric Lighting that combines elements of lighting design to focus on enhancing the experience of the occupants.
April 2019	Product Launch	Lutron launched connected in-wall sensors for Vive Wireless Systems. The 0–10 V dimmer/sensor model combines automated, occupancy-based control of light, manual dimming control, and wireless communication to other Vive System Devices.
May 2019	Product Launch	Lutron launched Aurora smart bulb dimmer, which can be directly mounted on a toggle switch. It is a wireless and battery-powered dimmer.
September 2018	Product Development	Lutron expanded its LED fixture collection to provide more options to its users. The LED fixtures are available in warm-dimming and wet-location options.
September 2018	Product Development Collaboration	Lutron collaborated with Google LLC to add voice control using Google Assistance in Lutron Serena, Triathlon, Sivoia QS, and Palladiom shading systems. It enables users to control these products remotely by using their voices.
August 2018	Product Launch	Lutron released the next generation of designer+ for Vive Solutions. It enables electrical industry professionals to quickly arrive at the right lighting control solution.
May 2018	Product Launch and Partnership	Lutron partnered with TwistHDM and launched Limelight, a wireless exterior lighting control offering that integrates data seamlessly into the company’s existing data and management platform.
April 2018	Acquisition	Lutron acquired Ketra, a provider of lighting and control solutions. This acquisition helps Lutron to expand its product offering with Ketra light sources and controls and enables its customers to create a comfortable environment.
March 2018	Product Launch	Lutron launched a 0.1% architectural downlight driver. This driver provides smooth, continuous dimming down to 0.1% of full output power, and transitions gracefully between off and on, with Soft-on, and Fade-to-Black.
March 2018	Product Launch	Lutron launched Vive Vue, an IoT-enabled management software. It provides robust intelligence to facility managers, enabling more informed building-operation, and management decisions.
September 2017	Product Launch	Lutron introduced new Lutron Connect packages, DIN rail panels, and modules. These new products offer more flexibility and help integrators to complete a project on a single QS wired link.
May 2017	Product Launch	Lutron launched an integral control solution compatible with Osram DEXAL interface technology. The Lutron fixture control solution gives lighting designers and specifiers new, visually appealing options with improved functionality.

Product Offering

Lutron Electronics Co., Inc.
- Stand Alone Controls
- Sensors
- Single Room Controls
- Whole Home Systems
- Whole Building Systems
- Shading Systems
- Fixture Solutions

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