2. The report titled “US LED Lighting Market Outlook to 2021-
Demand for Energy Efficient Lighting and Government
Initiatives to Lighten the Future” provides a comprehensive
analysis of LED Lighting market in US. The report focuses on
various aspects such as market size of US LED lighting industry
by revenue generated and production volume and market
segmentation by lamps, bulbs, luminiaries, by utility and by
distribution channels.
3. The report covers a detailed overview on trade scenario for
Light emitting diodes of US with other countries. The report
also describes about major trends and developments, issues
and challenges and government role and initiatives that have
influenced the market to a large extent. This publication helps
the readers to understand the cost analysis for LED Lighting in
US as well as recent technologies related to US LED Lighting.
Competition prevailing in the sector along with detailed
company profiles has been thoroughly covered in the report.
The report concludes with market projection for future and
analyst recommendation highlighting the major opportunities
and cautions.
LED Lighting Market in US
The LED lighting market of the US has witnessed a rapid growth
over the recent past. Technological advancements in the
4. market have been the major reason responsible for growing
product lines of LED lights in the country. The growing
concern among the population about the amount of heat
emitted by traditional fluorescent lights has made people
shift to more energy saving resources, thereby expanding the
overall size of LED lighting market in the country from USD ~
million in 2011 to USD ~ million during 2016.
Market Segmentation
By Type of LED: Lower initial cost and ease of installation of
LED lamps have made lamps to dominate the market,
contributing ~% of the revenue to the total revenues of US
LED market in 2016. LED luminaires have been successful in
driving the overall LED lighting market of the US by increasing
their revenue share from ~% in 2014 to ~% in 2016.
5. The traditional use of incandescent bulbs has been replaced by
the use of LED reflectors, contributing revenue share of ~% to
the overall market from the sale of LED lamps. LED tubes and
other LEDs typically including simple bulbs contributed ~% and
~% share to the revenues of LED lamps in the US. LED luminaires
which include downlights, troffers, roadway fixtures, outdoor
area lights and other luminaires generated revenues worth USD
~ million, USD ~ million, USD ~ million, USD ~ million and USD ~
million revenues respectively in the LED lighting market of the
US during 2016.
By Application of LED Lights: The increased demand for
directional LEDs by shopping malls to showcase their products
and their use in flood lights, made this segment dominate the
LED market with revenue share of ~% in the overall sales of LED
lights during 2016.
6. Following directional LEDs, A-Type LEDs generated revenue of
USD ~ million in 2016. LED linear fixtures and building exteriors
contributed ~% and ~% of the revenues respectively in 2016. The
dimming requirements and high color quality provided by
decorative LEDs has enabled the segment to garner revenues
worth USD ~ million during 2016. Further, LED for parking
garage, Roadway LED, Small Directional LED, Parking lot LED and
High/Low Bay LED contributed ~%, ~%, ~%, ~% and ~%
respectively to the total revenues of LED lights in 2016.
By Usage (Indoor LEDs and Outdoor LEDs): Outdoor LEDs have
contributed ~% to the revenues of LED lights in 2016. Indoor
LEDs which are used in commercial, residential and industrial
sector have contributed ~%, ~% and ~% share to the total sales
of indoor LED lights in the US during 2016. Outdoor LEDs that are
used in building exteriors, parking garage, roadway and parking
7. lots contributed ~%, ~%, ~% and ~% share in revenues during
2016.
Competitive Landscape
US LED lighting market is highly concentrated with the presence
of few leading lighting manufacturers in the country. Since the
sector requires large amount of capital to be invested, this has
inhibited the emergence of several companies in the space.
Frequent introduction of new LED products, rapid changes in
technology, changing customer requirements, short product life
cycles and prices of similar technology by various companies are
common platforms on which the competition prevails in the
overall lighting market of the US. Lighting companies such as
Cree, Acuity brands, Copper Lighting division of Eaton
Corporation, general electric company, Hubbell Incorporated,
Philips and Osram are the major competitors in the market.
8. Future Analysis and Projections
The US LED lighting market is expected to grow at a robust
CAGR of ~% from 2016 to 2021 owing to rising number of
market players, increasing awareness about online energy
saving lights among customers, and growing efforts of
government to shift customers towards LED lights. The LED
lighting market will witness launch of innovative LED products
being introduced in the market which will lead to an increase
in demand by the population, thus making the LED industry
contribute a larger share to the total economy.
Key Topics Covered in the Report:
Overview and Genesis for the US LED Lighting Market
Comparative Analysis for the US LED Lighting Market with
Global Market
US LED Lighting Market Value Chain Analysis
9. US LED Lighting Market Size, 2011-2016
US LED Light Market Segmentation
Trade Scenario for the US LED Lighting Market
Cost Analysis for LED Lighting in the US Market
Decision Making Process before Purchasing LED Lighting in the US
Market
Trends and Developments in the US LED Lighting Market
Issues and Challenges in US LED Lighting Market
SWOT Analysis for the US LED Lighting Market
Recent Technologies in US LED Lighting Market
Manufacturing Clusters for LED and Component Manufacturers in
the US
Government Initiatives and Regulations in the US LED Lighting
Market
Competitive Scenario in US LED Lighting Market
10. Competitive Landscape of Major Players in US LED Lighting Market
US LED Lighting Market Future Outlook and Projections
Macroeconomic Indicators Affecting US LED Lighting Market
For more coverage click on the link below:
https://www.kenresearch.com/consumer-products-and-
retail/consumer-electronics/us-led-lighting-market-report/96117-
95.html
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