The North America LED Lighting Market would witness market growth of 11.4% CAGR during the forecast period (2021-2027). A strong dollar policy would support the U.S. market to provide momentum to the product demand. The country has strongly supported the use of light-emitting diode lighting. Regarding the use of LED technology, it also formulated new policies and guidelines and put investments in R&D to develop energy-efficient lighting solutions, the higher use in industrial, commercial, and residential applications and active participation of government in public-private partnerships will fuel the growth of the regional market.
In the present market scenario, LED light bulbs are witnessing the early deployment phase of the product life cycle. Though, constant technological enhancements in LED lighting have allowed these product offerings to enter and develop while going to the developmental phase. New developments in light-emitting diode technology have enabled LED lighting products to penetrate efficiently, the commercial lighting market with massive potential for growth. Commercial buildings, such as stores, offices, hospitals, restaurants, and schools, represent around 20% of the total energy consumption of the United States, and 38% of this energy consumption is due to lighting.
Additionally, leading American makers are aggressively developing the LED lighting business, with the increasing LED lighting penetration rate. In the US market, there is a high demand for LED commercial lighting, among which demand for panel lights, Troffer, tunnel light, and high bay lights witnessing a rising graph and they start to move towards intelligence and optical communications and other new application area.
The US market dominated the North America Downlights LED Lighting Market by Country 2020, thereby, achieving a market value of $5,243 million by 2027. The Canada market is experiencing a CAGR of 12.7% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 11.7% during (2021 - 2027).
Based on Product, the market is segmented into Luminaires and Lamps. Luminaires segment is further categorized into Downlights, Streetlights, Troffers and Others. Lamps segment is further bifurcated across A Lamps, T Lamps and Others. Based on Application, the market is segmented into Indoor and Outdoor. Based on End User, the market is segmented into Commercial, Residential, Industrial and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global LED Lighting Market is Estimated to Reach USD 115.6 Billion by 2027 at a CAGR of 11.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dialight PLC, LSI Industries, Inc., Zumtobel Group AG, Heliospectra AB, Nichia Corporation, Seoul Semiconductor Co., Ltd., Lumileds Holding B.V., Signify N.V., Hubbell, Inc., and Acuity Brands Lighting, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Luminaires
- Downlights
- Streetlights
- Troffers
- Others
- Lamps
By Application
By End User
- Commercial
- Residential
- Industrial
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Dialight PLC
- LSI Industries, Inc.
- Zumtobel Group AG
- Heliospectra AB
- Nichia Corporation
- Seoul Semiconductor Co., Ltd.
- Lumileds Holding B.V.
- Signify N.V.
- Hubbell, Inc.
- Acuity Brands Lighting, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America LED Lighting Market, by Product
1.4.2 North America LED Lighting Market, by Application
1.4.3 North America LED Lighting Market, by End User
1.4.4 North America LED Lighting Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations, and Agreements
3.2.2 Geographical Expansions
3.2.3 Product Launches and Product Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2021, Apr) Leading Players
Chapter 4. North America LED Lighting Market by Product
4.1 North America LED Lighting Luminaires Market by Country
4.2 North America LED Lighting Market by Luminaires Type
4.2.1 North America Downlights LED Lighting Market by Country
4.2.2 North America Streetlights LED Lighting Market by Country
4.2.3 North America Troffers LED Lighting Market by Country
4.2.4 North America Other Luminaires Type LED Lighting Market by Country
4.3 North America LED Lighting Lamps Market by Country
4.4 North America LED Lighting Market by Lamps Type
4.4.1 North America LED Lighting A Lamps Market by Country
4.4.2 North America LED Lighting T Lamps Market by Country
4.4.3 North America LED Lighting Others Market by Country
Chapter 5. North America LED Lighting Market by Application
5.1 North America Indoor LED Lighting Market by Country
5.2 North America Outdoor LED Lighting Market by Country
Chapter 6. North America LED Lighting Market by End Use
6.1 North America Commercial LED Lighting Market by Country
6.2 North America Residential LED Lighting Market by Country
6.3 North America Industrial LED Lighting Market by Country
6.4 North America Others LED Lighting Market by Country
Chapter 7. North America LED Lighting Market by Country
7.1 US LED Lighting Market
7.1.1 US LED Lighting Market by Product
7.1.1.1 US LED Lighting Market by Luminaires Type
7.1.1.2 US LED Lighting Market by Lamps Type
7.1.2 US LED Lighting Market by Application
7.1.3 US LED Lighting Market by End Use
7.2 Canada LED Lighting Market
7.2.1 Canada LED Lighting Market by Product
7.2.1.1 Canada LED Lighting Market by Luminaires Type
7.2.1.2 Canada LED Lighting Market by Lamps Type
7.2.2 Canada LED Lighting Market by Application
7.2.3 Canada LED Lighting Market by End Use
7.3 Mexico LED Lighting Market
7.3.1 Mexico LED Lighting Market by Product
7.3.1.1 Mexico LED Lighting Market by Luminaires Type
7.3.1.2 Mexico LED Lighting Market by Lamps Type
7.3.2 Mexico LED Lighting Market by Application
7.3.3 Mexico LED Lighting Market by End Use
7.4 Rest of North America LED Lighting Market
7.4.1 Rest of North America LED Lighting Market by Product
7.4.1.1 Rest of North America LED Lighting Market by Luminaires Type
7.4.1.2 Rest of North America LED Lighting Market by Lamps Type
7.4.2 Rest of North America LED Lighting Market by Application
7.4.3 Rest of North America LED Lighting Market by End Use
Chapter 8. Company Profiles
8.1 Dialight PLC
8.1.1 Company Overview
8.1.1 Financial Analysis
8.1.2 Segmental and Regional Analysis
8.1.3 Research & Development Expense
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.2 LSI Industries, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.3 Zumtobel Group AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Geographical Expansions:
8.4 Heliospectra AB
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Recent strategies and developments:
8.4.3.1 Partnerships, Collaborations, and Agreements:
8.4.3.2 Product Launches and Product Expansions:
8.5 Nichia Corporation
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.5.2.3 Geographical Expansions:
8.6 Seoul Semiconductor Co., Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Research & Development Expense
8.6.4 Recent strategies and developments:
8.6.4.1 Partnerships, Collaborations, and Agreements:
8.6.4.2 Product Launches and Product Expansions:
8.7 Lumileds Holding B.V.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Signify N.V.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Acquisition and Mergers:
8.8.5.3 Product Launches and Product Expansions:
8.9 Hubbell, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.1 Acuity Brands Lighting, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expense
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.5.2 Acquisition and Mergers:
TABLE 1 North America LED Lighting Market, 2017 - 2020, USD Million
TABLE 2 North America LED Lighting Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations, and Agreements– LED Lighting Market
TABLE 4 Geographical Expansions– LED Lighting Market
TABLE 5 Product Launches And Product Expansions– LED Lighting Market
TABLE 6 Acquisition and Mergers– LED Lighting Market
TABLE 7 North America LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 8 North America LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 9 North America LED Lighting Luminaires Market by Country, 2017 - 2020, USD Million
TABLE 10 North America LED Lighting Luminaires Market by Country, 2021 - 2027, USD Million
TABLE 11 North America LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 12 North America LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 13 North America Downlights LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Downlights LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Streetlights LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Streetlights LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Troffers LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Troffers LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Other Luminaires Type LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Other Luminaires Type LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 21 North America LED Lighting Lamps Market by Country, 2017 - 2020, USD Million
TABLE 22 North America LED Lighting Lamps Market by Country, 2021 - 2027, USD Million
TABLE 23 North America LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 24 North America LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 25 North America LED Lighting A Lamps Market by Country, 2017 - 2020, USD Million
TABLE 26 North America LED Lighting A Lamps Market by Country, 2021 - 2027, USD Million
TABLE 27 North America LED Lighting T Lamps Market by Country, 2017 - 2020, USD Million
TABLE 28 North America LED Lighting T Lamps Market by Country, 2021 - 2027, USD Million
TABLE 29 North America LED Lighting Others Market by Country, 2017 - 2020, USD Million
TABLE 30 North America LED Lighting Others Market by Country, 2021 - 2027, USD Million
TABLE 31 North America LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 32 North America LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 33 North America Indoor LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Indoor LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Outdoor LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Outdoor LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 37 North America LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 38 North America LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 39 North America Commercial LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Commercial LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 41 North America Residential LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Residential LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Industrial LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 44 North America Industrial LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 45 North America Others LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 46 North America Others LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 47 North America LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 48 North America LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 49 US LED Lighting Market, 2017 - 2020, USD Million
TABLE 50 US LED Lighting Market, 2021 - 2027, USD Million
TABLE 51 US LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 52 US LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 53 US LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 54 US LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 55 US LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 56 US LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 57 US LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 58 US LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 59 US LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 60 US LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 61 Canada LED Lighting Market, 2017 - 2020, USD Million
TABLE 62 Canada LED Lighting Market, 2021 - 2027, USD Million
TABLE 63 Canada LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 64 Canada LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 65 Canada LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 66 Canada LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 67 Canada LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 68 Canada LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 69 Canada LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 70 Canada LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 71 Canada LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 72 Canada LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 73 Mexico LED Lighting Market, 2017 - 2020, USD Million
TABLE 74 Mexico LED Lighting Market, 2021 - 2027, USD Million
TABLE 75 Mexico LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 76 Mexico LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 77 Mexico LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 78 Mexico LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 79 Mexico LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 80 Mexico LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 81 Mexico LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 82 Mexico LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 83 Mexico LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 84 Mexico LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 85 Rest of North America LED Lighting Market, 2017 - 2020, USD Million
TABLE 86 Rest of North America LED Lighting Market, 2021 - 2027, USD Million
TABLE 87 Rest of North America LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 88 Rest of North America LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 89 Rest of North America LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 90 Rest of North America LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 91 Rest of North America LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 92 Rest of North America LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 93 Rest of North America LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 94 Rest of North America LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 95 Rest of North America LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 96 Rest of North America LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 97 key information – Dialight PLC
TABLE 98 key information – LSI Industries, Inc.
TABLE 99 key information – Zumtobel Group AG
TABLE 100 key information – Heliospectra AB
TABLE 101 key information – Nichia Corporation
TABLE 102 key information – Seoul Semiconductor Co., Ltd.
TABLE 103 key information – Lumileds Holding B.V.
TABLE 104 Key Information – Signify N.V.
TABLE 105 Key Information – Hubbell, Inc.
TABLE 106 Key Information – Acuity Brands Lighting, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2021, Apr) Leading Players
FIG 5 Recent strategies and developments: Dialight PLC
FIG 6 Recent strategies and developments: LSI Industries, Inc.
FIG 7 Recent strategies and developments: Heliospectra AB
FIG 9 Recent strategies and developments: Nichia Corporation
FIG 10 Recent strategies and developments: Seoul Semiconductor Co., Ltd.
FIG 11 Recent strategies and developments: Signify N.V.
FIG 12 Recent strategies and developments: Acuity Brands Lighting, Inc.