LED Lighting in North America

Key Highlights

• LED lamps or luminaires are long-lasting and provide quality lighting than fluorescent or compact fluorescent or halogen incandescent or incandescent light bulbs. In LED lighting, LEDs are incorporated into lamps and luminaires for general lighting purposes. Both indoor and outdoor LED lighting are in our scope. Indoor LED lighting includes A-Type, decorative, directional, small directional, downlighting, linear fixture, and low/high bay. Outdoor LED lighting scope includes street/roadway, parking garage, parking lot, and building exterior.
• The North American LED lighting market is expected to generate total revenues of $13,637.7 million in 2023, representing a compound annual growth rate (CAGR) of 8.3% between 2018 and 2023.
• The residential segment is expected to be the market's most lucrative in 2023, with total revenues of $5,376.4 million, equivalent to 39.4% of the market's overall value.
• The North American LED lighting market accounted for 20% of the global market in 2023.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the led lighting market in North America
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the led lighting market in North America
• Leading company profiles reveal details of key led lighting market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the North America led lighting market with five year forecasts

Reasons to Buy

• What was the size of the North America led lighting market by value in 2023?
• What will be the size of the North America led lighting market in 2028?
• What factors are affecting the strength of competition in the North America led lighting market?
• How has the market performed over the last five years?
• What are the main segments that make up North America's led lighting market?