The North America Energy Efficient Warehouse Lighting System Market would witness market growth of 11.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Energy Efficient Warehouse Lighting System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,564.3 million by 2031. The Canada market is experiencing a CAGR of 13.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12.9% during (2024 - 2031).
Rising energy costs are a primary motivator for warehouse operators to seek efficient lighting systems. Energy expenses represent a significant portion of the total operational costs in warehouses, especially those that operate on a 24/7 basis. For facilities managing hundreds of thousands of square feet, the economic benefits of energy efficiency are substantial and justify the investment in upgrading to modern lighting solutions.
Additionally, environmental concerns are also shaping the direction of the warehouse lighting industry. With climate change and environmental sustainability gaining attention, companies across all industries set ambitious goals to reduce their environmental impact. Often operating in large, high-energy-consuming facilities, warehouses are under pressure to adopt green practices. Energy-efficient lighting systems can drastically reduce greenhouse gas emissions and energy waste, making them essential to any sustainability initiative.
Across North America, the landscape for energy-efficient warehouse lighting is shaped by regulatory support, environmental initiatives, and rising energy costs, collectively creating a favorable market environment. The demand for energy-efficient warehouse lighting systems in the United States is rapidly increasing, spurred by regulatory initiatives, corporate sustainability goals, and technological advancements. The U.S. government’s focus on reducing carbon emissions has led to energy efficiency mandates across various states, and incentives such as tax credits encourage businesses to adopt LED and smart lighting technologies in warehouses.
Free Valuable Insights: The Energy Efficient Warehouse Lighting System Market is Predict to reach USD 31.9 Billion by 2031, at a CAGR of 12.2%
Based on Application, the market is segmented into Industrial, Commercial, and Other Application. Based on Type, the market is segmented into Light Emitting Diodes (LED), Linear Fluorescent Lamps (LFL), High-Intensity Discharge Lamps (HID), and Other Type. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- ams-OSRAM AG
- Nichia Corporation
- Acuity Brands, Inc.
- Signify N.V.
- Koninklijke Philips N.V.
- Schneider Electric SE
- Legrand S.A. (Legrand Group)
- Honeywell International, Inc.
- Cree Lighting (Ideal Industries, Inc.)
- Eaton Corporation plc
North America Energy Efficient Warehouse Lighting System Market Report Segmentation
By Application
- Industrial
- Commercial
- Other Application
By Type
- Light Emitting Diodes (LED)
- Linear Fluorescent Lamps (LFL)
- High-Intensity Discharge Lamps (HID)
- Other Type
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Energy Efficient Warehouse Lighting System Market, by Application
1.4.2 North America Energy Efficient Warehouse Lighting System Market, by Type
1.4.3 North America Energy Efficient Warehouse Lighting System Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. North America Energy Efficient Warehouse Lighting System Market by Application
5.1 North America Industrial Market by Country
5.2 North America Commercial Market by Country
5.3 North America Other Application Market by Country
Chapter 6. North America Energy Efficient Warehouse Lighting System Market by Type
6.1 North America Light Emitting Diodes (LED) Market by Country
6.2 North America Linear Fluorescent Lamps (LFL) Market by Country
6.3 North America High-Intensity Discharge Lamps (HID) Market by Country
6.4 North America Other Type Market by Country
Chapter 7. North America Energy Efficient Warehouse Lighting System Market by Country
7.1 US Energy Efficient Warehouse Lighting System Market
7.1.1 US Energy Efficient Warehouse Lighting System Market by Application
7.1.2 US Energy Efficient Warehouse Lighting System Market by Type
7.2 Canada Energy Efficient Warehouse Lighting System Market
7.2.1 Canada Energy Efficient Warehouse Lighting System Market by Application
7.2.2 Canada Energy Efficient Warehouse Lighting System Market by Type
7.3 Mexico Energy Efficient Warehouse Lighting System Market
7.3.1 Mexico Energy Efficient Warehouse Lighting System Market by Application
7.3.2 Mexico Energy Efficient Warehouse Lighting System Market by Type
7.4 Rest of North America Energy Efficient Warehouse Lighting System Market
7.4.1 Rest of North America Energy Efficient Warehouse Lighting System Market by Application
7.4.2 Rest of North America Energy Efficient Warehouse Lighting System Market by Type
Chapter 8. Company Profiles
8.1 ams-OSRAM AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Nichia Corporation
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Acuity Brands, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 SWOT Analysis
8.4 Signify N.V.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Koninklijke Philips N.V.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 SWOT Analysis
8.6 Schneider Electric SE
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Legrand S.A. (Legrand Group)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Honeywell International, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Cree Lighting (Ideal Industries, Inc.)
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Eaton Corporation PLC
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 SWOT Analysis
TABLE 1 North America Energy Efficient Warehouse Lighting System Market, 2020 - 2023, USD Million
TABLE 2 North America Energy Efficient Warehouse Lighting System Market, 2024 - 2031, USD Million
TABLE 3 North America Energy Efficient Warehouse Lighting System Market by Application, 2020 - 2023, USD Million
TABLE 4 North America Energy Efficient Warehouse Lighting System Market by Application, 2024 - 2031, USD Million
TABLE 5 North America Industrial Market by Country, 2020 - 2023, USD Million
TABLE 6 North America Industrial Market by Country, 2024 - 2031, USD Million
TABLE 7 North America Commercial Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Commercial Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Other Application Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Other Application Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Energy Efficient Warehouse Lighting System Market by Type, 2020 - 2023, USD Million
TABLE 12 North America Energy Efficient Warehouse Lighting System Market by Type, 2024 - 2031, USD Million
TABLE 13 North America Light Emitting Diodes (LED) Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Light Emitting Diodes (LED) Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Linear Fluorescent Lamps (LFL) Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Linear Fluorescent Lamps (LFL) Market by Country, 2024 - 2031, USD Million
TABLE 17 North America High-Intensity Discharge Lamps (HID) Market by Country, 2020 - 2023, USD Million
TABLE 18 North America High-Intensity Discharge Lamps (HID) Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Other Type Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Other Type Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Energy Efficient Warehouse Lighting System Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Energy Efficient Warehouse Lighting System Market by Country, 2024 - 2031, USD Million
TABLE 23 US Energy Efficient Warehouse Lighting System Market, 2020 - 2023, USD Million
TABLE 24 US Energy Efficient Warehouse Lighting System Market, 2024 - 2031, USD Million
TABLE 25 US Energy Efficient Warehouse Lighting System Market by Application, 2020 - 2023, USD Million
TABLE 26 US Energy Efficient Warehouse Lighting System Market by Application, 2024 - 2031, USD Million
TABLE 27 US Energy Efficient Warehouse Lighting System Market by Type, 2020 - 2023, USD Million
TABLE 28 US Energy Efficient Warehouse Lighting System Market by Type, 2024 - 2031, USD Million
TABLE 29 Canada Energy Efficient Warehouse Lighting System Market, 2020 - 2023, USD Million
TABLE 30 Canada Energy Efficient Warehouse Lighting System Market, 2024 - 2031, USD Million
TABLE 31 Canada Energy Efficient Warehouse Lighting System Market by Application, 2020 - 2023, USD Million
TABLE 32 Canada Energy Efficient Warehouse Lighting System Market by Application, 2024 - 2031, USD Million
TABLE 33 Canada Energy Efficient Warehouse Lighting System Market by Type, 2020 - 2023, USD Million
TABLE 34 Canada Energy Efficient Warehouse Lighting System Market by Type, 2024 - 2031, USD Million
TABLE 35 Mexico Energy Efficient Warehouse Lighting System Market, 2020 - 2023, USD Million
TABLE 36 Mexico Energy Efficient Warehouse Lighting System Market, 2024 - 2031, USD Million
TABLE 37 Mexico Energy Efficient Warehouse Lighting System Market by Application, 2020 - 2023, USD Million
TABLE 38 Mexico Energy Efficient Warehouse Lighting System Market by Application, 2024 - 2031, USD Million
TABLE 39 Mexico Energy Efficient Warehouse Lighting System Market by Type, 2020 - 2023, USD Million
TABLE 40 Mexico Energy Efficient Warehouse Lighting System Market by Type, 2024 - 2031, USD Million
TABLE 41 Rest of North America Energy Efficient Warehouse Lighting System Market, 2020 - 2023, USD Million
TABLE 42 Rest of North America Energy Efficient Warehouse Lighting System Market, 2024 - 2031, USD Million
TABLE 43 Rest of North America Energy Efficient Warehouse Lighting System Market by Application, 2020 - 2023, USD Million
TABLE 44 Rest of North America Energy Efficient Warehouse Lighting System Market by Application, 2024 - 2031, USD Million
TABLE 45 Rest of North America Energy Efficient Warehouse Lighting System Market by Type, 2020 - 2023, USD Million
TABLE 46 Rest of North America Energy Efficient Warehouse Lighting System Market by Type, 2024 - 2031, USD Million
TABLE 47 Key Information – ams-OSRAM AG
TABLE 48 key information – Nichia Corporation
TABLE 49 Key Information – Acuity brands, Inc.
TABLE 50 Key Information – Signify N.V.
TABLE 51 Key Information – Koninklijke Philips N.V.
TABLE 52 Key Information – Schneider Electric SE
TABLE 53 key Information – Legrand S.A.
TABLE 54 Key Information – Honeywell International, Inc.
TABLE 55 Key Information –Cree Lighting
TABLE 56 Key Information – Eaton Corporation PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Energy Efficient Warehouse Lighting System Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Energy Efficient Warehouse Lighting System Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Energy Efficient Warehouse Lighting System Market
FIG 6 North America Energy Efficient Warehouse Lighting System Market share by Application, 2023
FIG 7 North America Energy Efficient Warehouse Lighting System Market share by Application, 2031
FIG 8 North America Energy Efficient Warehouse Lighting System Market by Application, 2020 - 2031, USD Million
FIG 9 North America Energy Efficient Warehouse Lighting System Market share by Type, 2023
FIG 10 North America Energy Efficient Warehouse Lighting System Market share by Type, 2031
FIG 11 North America Energy Efficient Warehouse Lighting System Market by Application, 2020 - 2031, USD Million
FIG 12 North America Energy Efficient Warehouse Lighting System Market share by Country, 2023
FIG 13 North America Energy Efficient Warehouse Lighting System Market share by Country, 2031
FIG 14 North America Energy Efficient Warehouse Lighting System Market by Country, 2020 - 2031, USD Million
FIG 15 SWOT Analysis: ams-OSRAM AG
FIG 16 SWOT Analysis: Nichia Corporation
FIG 17 SWOT Analysis: Acuity Brands Lighting, Inc.
FIG 18 SWOT ANALYSIS: Signify N.V.
FIG 19 SWOT Analysis: Koninklijke Philips N.V.
FIG 20 SWOT Analysis: Schneider Electric SE
FIG 21 SWOT Analysis: Legrand S.A.
FIG 22 Swot analysis: Honeywell international, inc.
FIG 23 SWOT Analysis: Cree Lighting
FIG 24 SWOT Analysis: Eaton Corporation PLC