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LED Lighting Market in North America 2024-2028

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    Report

  • 154 Pages
  • October 2024
  • Region: North America
  • TechNavio
  • ID: 5681580
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The led lighting market in north america is forecasted to grow by USD 7.80 billion during 2023-2028, accelerating at a CAGR of 11.6% during the forecast period. The report on the led lighting market in north america provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by declining manufacturing cost of led, phase-out of incandescent bulbs in north american countries, and growing number of households and urbanization.

The led lighting market in north america is segmented as below:

By Application

  • Residential
  • Commercial
  • Industrial
  • Outdoor
  • Others

By Product

  • LED lamps
  • LED luminaires

By Geographical Landscape

  • North America
This study identifies the growing traction for intelligent lighting systems as one of the prime reasons driving the led lighting market in north america growth during the next few years. Also, new guidelines and government policies for smart lighting and emergence of smart cities will lead to sizable demand in the market.

The report on the led lighting market in north america covers the following areas:

  • LED Lighting Market in North America sizing
  • LED Lighting Market in North America forecast
  • LED Lighting Market in North America industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading led lighting market in north america vendors that include Acuity Brands Inc., ams OSRAM AG, Black Dog Grow Technologies Inc., Bridgelux Inc., Eaton Corp plc, EPISTAR Corp, General Electric Co., GrowRay Lighting Technologies, Kessil, Koninklijke Philips N.V., LITE ON Technology Corp., LumiGrow Inc, Lumileds Holding BV, Sharp Corp., Signify NV, SMART Global Holdings Inc., Toyoda Gosei Co. Ltd., and Violet Gro Inc. Also, the led lighting market in north america analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Chart on North America: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
4 Historic Market Size
4.1 LED Lighting Market in North America 2018 - 2022
Historic Market Size - Data Table on LED Lighting Market in North America 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Residential - Market size and forecast 2023-2028
Chart on Residential - Market size and forecast 2023-2028 ($ million)
Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Chart on Residential - Year-over-year growth 2023-2028 (%)
Data Table on Residential - Year-over-year growth 2023-2028 (%)
6.4 Commercial - Market size and forecast 2023-2028
Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Chart on Commercial - Year-over-year growth 2023-2028 (%)
Data Table on Commercial - Year-over-year growth 2023-2028 (%)
6.5 Industrial - Market size and forecast 2023-2028
Chart on Industrial - Market size and forecast 2023-2028 ($ million)
Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
Chart on Industrial - Year-over-year growth 2023-2028 (%)
Data Table on Industrial - Year-over-year growth 2023-2028 (%)
6.6 Outdoor - Market size and forecast 2023-2028
Chart on Outdoor - Market size and forecast 2023-2028 ($ million)
Data Table on Outdoor - Market size and forecast 2023-2028 ($ million)
Chart on Outdoor - Year-over-year growth 2023-2028 (%)
Data Table on Outdoor - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Product
7.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
7.3 LED lamps - Market size and forecast 2023-2028
Chart on LED lamps - Market size and forecast 2023-2028 ($ million)
Data Table on LED lamps - Market size and forecast 2023-2028 ($ million)
Chart on LED lamps - Year-over-year growth 2023-2028 (%)
Data Table on LED lamps - Year-over-year growth 2023-2028 (%)
7.4 LED luminaires - Market size and forecast 2023-2028
Chart on LED luminaires - Market size and forecast 2023-2028 ($ million)
Data Table on LED luminaires - Market size and forecast 2023-2028 ($ million)
Chart on LED luminaires - Year-over-year growth 2023-2028 (%)
Data Table on LED luminaires - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
9.4 Canada - Market size and forecast 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ million)
Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Chart on Canada - Year-over-year growth 2023-2028 (%)
Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.5 Mexico - Market size and forecast 2023-2028
Chart on Mexico - Market size and forecast 2023-2028 ($ million)
Data Table on Mexico - Market size and forecast 2023-2028 ($ million)
Chart on Mexico - Year-over-year growth 2023-2028 (%)
Data Table on Mexico - Year-over-year growth 2023-2028 (%)
9.6 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Table on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 Acuity Brands Inc.
Acuity Brands Inc. - Overview
Acuity Brands Inc. - Business segments
Acuity Brands Inc. - Key offerings
Acuity Brands Inc. - Segment focus
12.4 ams OSRAM AG
ams OSRAM AG - Overview
ams OSRAM AG - Product / Service
ams OSRAM AG - Key offerings
12.5 Eaton Corp plc
Eaton Corp plc - Overview
Eaton Corp plc - Business segments
Eaton Corp plc - Key news
Eaton Corp plc - Key offerings
Eaton Corp plc - Segment focus
12.6 EPISTAR Corp
EPISTAR Corp - Overview
EPISTAR Corp - Product / Service
EPISTAR Corp - Key offerings
12.7 General Electric Co.
General Electric Co. - Overview
General Electric Co. - Business segments
General Electric Co. - Key news
General Electric Co. - Key offerings
General Electric Co. - Segment focus
12.8 Koninklijke Philips N.V.
Koninklijke Philips N.V. - Overview
Koninklijke Philips N.V. - Business segments
Koninklijke Philips N.V. - Key news
Koninklijke Philips N.V. - Key offerings
Koninklijke Philips N.V. - Segment focus
12.9 LITE ON Technology Corp.
LITE ON Technology Corp. - Overview
LITE ON Technology Corp. - Business segments
LITE ON Technology Corp. - Key news
LITE ON Technology Corp. - Key offerings
LITE ON Technology Corp. - Segment focus
12.10 Lumileds Holding BV
Lumileds Holding BV - Overview
Lumileds Holding BV - Product / Service
Lumileds Holding BV - Key offerings
12.11 Signify NV
Signify NV - Overview
Signify NV - Business segments
Signify NV - Key news
Signify NV - Key offerings
Signify NV - Segment focus
12.12 SMART Global Holdings Inc.
SMART Global Holdings Inc. - Overview
SMART Global Holdings Inc. - Business segments
SMART Global Holdings Inc. - Key offerings
SMART Global Holdings Inc. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Product
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Chart on North America: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 20: Historic Market Size - Data Table on LED Lighting Market in North America 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 24: Five forces analysis - Comparison between 2023 and 2028
Exhibits 25: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 30: Chart on Market condition - Five forces 2023 and 2028
Exhibits 31: Chart on Application - Market share 2023-2028 (%)
Exhibits 32: Data Table on Application - Market share 2023-2028 (%)
Exhibits 33: Chart on Comparison by Application
Exhibits 34: Data Table on Comparison by Application
Exhibits 35: Chart on Residential - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 43: Chart on Industrial - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Chart on Industrial - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
Exhibits 47: Chart on Outdoor - Market size and forecast 2023-2028 ($ million)
Exhibits 48: Data Table on Outdoor - Market size and forecast 2023-2028 ($ million)
Exhibits 49: Chart on Outdoor - Year-over-year growth 2023-2028 (%)
Exhibits 50: Data Table on Outdoor - Year-over-year growth 2023-2028 (%)
Exhibits 51: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 52: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 53: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 54: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 55: Market opportunity by Application ($ million)
Exhibits 56: Data Table on Market opportunity by Application ($ million)
Exhibits 57: Chart on Product - Market share 2023-2028 (%)
Exhibits 58: Data Table on Product - Market share 2023-2028 (%)
Exhibits 59: Chart on Comparison by Product
Exhibits 60: Data Table on Comparison by Product
Exhibits 61: Chart on LED lamps - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on LED lamps - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on LED lamps - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on LED lamps - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on LED luminaires - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on LED luminaires - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on LED luminaires - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on LED luminaires - Year-over-year growth 2023-2028 (%)
Exhibits 69: Market opportunity by Product ($ million)
Exhibits 70: Data Table on Market opportunity by Product ($ million)
Exhibits 71: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 72: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 73: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 74: Chart on Geographic comparison
Exhibits 75: Data Table on Geographic comparison
Exhibits 76: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 77: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 79: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 80: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 81: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 83: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 84: Chart on Mexico - Market size and forecast 2023-2028 ($ million)
Exhibits 85: Data Table on Mexico - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Chart on Mexico - Year-over-year growth 2023-2028 (%)
Exhibits 87: Data Table on Mexico - Year-over-year growth 2023-2028 (%)
Exhibits 88: Market opportunity By Geographical Landscape ($ million)
Exhibits 89: Data Table on Market opportunity By Geographical Landscape ($ million)
Exhibits 90: Impact of drivers and challenges in 2023 and 2028
Exhibits 91: Overview on criticality of inputs and factors of differentiation
Exhibits 92: Overview on factors of disruption
Exhibits 93: Impact of key risks on business
Exhibits 94: Companies covered
Exhibits 95: Matrix on companies position and classification
Exhibits 96: Acuity Brands Inc. - Overview
Exhibits 97: Acuity Brands Inc. - Business segments
Exhibits 98: Acuity Brands Inc. - Key offerings
Exhibits 99: Acuity Brands Inc. - Segment focus
Exhibits 100: ams OSRAM AG - Overview
Exhibits 101: ams OSRAM AG - Product / Service
Exhibits 102: ams OSRAM AG - Key offerings
Exhibits 103: Eaton Corp plc - Overview
Exhibits 104: Eaton Corp plc - Business segments
Exhibits 105: Eaton Corp plc - Key news
Exhibits 106: Eaton Corp plc - Key offerings
Exhibits 107: Eaton Corp plc - Segment focus
Exhibits 108: EPISTAR Corp - Overview
Exhibits 109: EPISTAR Corp - Product / Service
Exhibits 110: EPISTAR Corp - Key offerings
Exhibits 111: General Electric Co. - Overview
Exhibits 112: General Electric Co. - Business segments
Exhibits 113: General Electric Co. - Key news
Exhibits 114: General Electric Co. - Key offerings
Exhibits 115: General Electric Co. - Segment focus
Exhibits 116: Koninklijke Philips N.V. - Overview
Exhibits 117: Koninklijke Philips N.V. - Business segments
Exhibits 118: Koninklijke Philips N.V. - Key news
Exhibits 119: Koninklijke Philips N.V. - Key offerings
Exhibits 120: Koninklijke Philips N.V. - Segment focus
Exhibits 121: LITE ON Technology Corp. - Overview
Exhibits 122: LITE ON Technology Corp. - Business segments
Exhibits 123: LITE ON Technology Corp. - Key news
Exhibits 124: LITE ON Technology Corp. - Key offerings
Exhibits 125: LITE ON Technology Corp. - Segment focus
Exhibits 126: Lumileds Holding BV - Overview
Exhibits 127: Lumileds Holding BV - Product / Service
Exhibits 128: Lumileds Holding BV - Key offerings
Exhibits 129: Signify NV - Overview
Exhibits 130: Signify NV - Business segments
Exhibits 131: Signify NV - Key news
Exhibits 132: Signify NV - Key offerings
Exhibits 133: Signify NV - Segment focus
Exhibits 134: SMART Global Holdings Inc. - Overview
Exhibits 135: SMART Global Holdings Inc. - Business segments
Exhibits 136: SMART Global Holdings Inc. - Key offerings
Exhibits 137: SMART Global Holdings Inc. - Segment focus
Exhibits 138: Inclusions checklist
Exhibits 139: Exclusions checklist
Exhibits 140: Currency conversion rates for US$
Exhibits 141: Research methodology
Exhibits 142: Information sources
Exhibits 143: Data validation
Exhibits 144: Validation techniques employed for market sizing
Exhibits 145: Data synthesis
Exhibits 146: 360 degree market analysis
Exhibits 147: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the led lighting market in north america: Acuity Brands Inc., ams OSRAM AG, Black Dog Grow Technologies Inc., Bridgelux Inc., Eaton Corp plc, EPISTAR Corp, General Electric Co., GrowRay Lighting Technologies, Kessil, Koninklijke Philips N.V., LITE ON Technology Corp., LumiGrow Inc, Lumileds Holding BV, Sharp Corp., Signify NV, SMART Global Holdings Inc., Toyoda Gosei Co. Ltd., and Violet Gro Inc.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing traction for intelligent lighting systems."

According to the report, one of the major drivers for this market is the declining manufacturing cost of led.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Acuity Brands Inc.
  • ams OSRAM AG
  • Black Dog Grow Technologies Inc.
  • Bridgelux Inc.
  • Eaton Corp plc
  • EPISTAR Corp
  • General Electric Co.
  • GrowRay Lighting Technologies
  • Kessil
  • Koninklijke Philips N.V.
  • LITE ON Technology Corp.
  • LumiGrow Inc
  • Lumileds Holding BV
  • Sharp Corp.
  • Signify NV
  • SMART Global Holdings Inc.
  • Toyoda Gosei Co. Ltd.
  • Violet Gro Inc

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About the LED Lighting Market

LED lighting is a type of lighting equipment that uses light-emitting diodes (LEDs) as the source of illumination. LEDs are highly efficient, long-lasting, and require very little energy to operate. They are also highly versatile, allowing for a wide range of applications in both residential and commercial settings. LED lighting is becoming increasingly popular due to its energy efficiency, cost savings, and environmental benefits. LED lighting is used in a variety of applications, including general lighting, task lighting, accent lighting, and decorative lighting. It is also used in a variety of industries, such as automotive, hospitality, retail, and healthcare. LED lighting is becoming increasingly popular in the residential market, as it is more energy efficient and cost effective than traditional lighting sources. LED lighting is a rapidly growing market, with many companies offering a wide range of products. Some of the major players in the LED lighting market include Philips Lighting, Cree, Osram, GE Lighting, and Acuity Brands. These companies offer a variety of LED lighting products, including bulbs, fixtures, and controls. Show Less Read more

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