LED Lighting Market in North America 2018-2022

  • ID: 4519887
  • Report
  • Region: America, North America, United States
  • 125 pages
  • TechNavio
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FEATURED COMPANIES

  • Acuity Brands
  • Cree
  • Eaton
  • GENERAL ELECTRIC
  • Koninklijke Philips
  • OSRAM
  • MORE
About LED lighting

LED is a semiconductor diode electronic device that emits light when current passes through it.

The analysts forecast the LED lighting market in North America to grow at a CAGR of 11.78% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the LED lighting market in North America for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of LED lighting.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, LED Lighting Market in North America 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Acuity Brands
  • Cree
  • Eaton
  • GENERAL ELECTRIC
  • Koninklijke Philips
  • OSRAM
Market drivers
  • Declining manufacturing cost of LEDs
  • For a full, detailed list, view the full report
Market challenges
  • High average cost per LED fixture
  • For a full, detailed list, view the full report
Market trends
  • New guidelines and government policies for smart lighting
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Acuity Brands
  • Cree
  • Eaton
  • GENERAL ELECTRIC
  • Koninklijke Philips
  • OSRAM
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 05: MARKET SIZING
  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
  • Segmentation by application
  • Comparison by application
  • Residential - Market size and forecast 2017-2022
  • Commercial - Market size and forecast 2017-2022
  • Industrial - Market size and forecast 2017-2022
  • Outdoor - Market size and forecast 2017-2022
  • Others - Market size and forecast 2017-2022
  • Market opportunity by application
PART 08: MARKET SEGMENTATION BY PRODUCT
  • Segmentation by product
  • Comparison by product
  • LED lamps - Market size and forecast 2017-2022
  • LED luminaires - Market size and forecast 2017-2022
  • Market opportunity by product
PART 09: CUSTOMER LANDSCAPE

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Growing traction for intelligent lighting systems
  • Emergence of smart cities
  • Rising number of smart homes in North America
PART 13: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Acuity Brands
  • Cree
  • Eaton
  • GENERAL ELECTRIC
  • Koninklijke Philips
  • OSRAM
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Global general lighting market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2017
Exhibit 07: Validation techniques employed for market sizing 2017
Exhibit 08: Market size and forecast 2017-2022 ($ bn)
Exhibit 09: Year-over-year growth 2018-2022 (%)
Exhibit 10: Cost comparison analysis of incandescent bulbs and LEDs
Exhibit 11: Five forces analysis 2017
Exhibit 12: Five forces analysis 2022
Exhibit 13: Bargaining power of buyers
Exhibit 14: Bargaining power of suppliers
Exhibit 15: Threat of new entrants
Exhibit 16: Threat of substitutes
Exhibit 17: Threat of rivalry
Exhibit 18: Market condition - Five forces 2017
Exhibit 19: Application - Market share 2017-2022 (%)
Exhibit 20: Definition of LED lighting products in application segments
Exhibit 21: Comparison by application
Exhibit 22: Residential - Market size and forecast 2017-2022 ($ bn)
Exhibit 23: Residential - Year-over-year growth 2018-2022 (%)
Exhibit 24: Commercial - Market size and forecast 2017-2022 ($ bn)
Exhibit 25: Commercial - Year-over-year growth 2018-2022 (%)
Exhibit 26: Industrial - Market size and forecast 2017-2022 ($ bn)
Exhibit 27: Industrial - Year-over-year growth 2018-2022 (%)
Exhibit 28: Outdoor - Market size and forecast 2017-2022 ($ bn)
Exhibit 29: Outdoor - Year-over-year growth 2018-2022 (%)
Exhibit 30: Others - Market size and forecast 2017-2022 ($ bn)
Exhibit 31: Others - Year-over-year growth 2018-2022 (%)
Exhibit 32: Market opportunity by application
Exhibit 33: Product - Market share 2017-2022 (%)
Exhibit 34: Comparison by product
Exhibit 35: LED Lamps - Market size and forecast 2017-2022 ($ bn)
Exhibit 36: Lamps - Year-over-year growth 2018-2022 (%)
Exhibit 37: Light output of LEDs, incandescent bulbs, and CFLs
Exhibit 38: Lifespan of LEDs, incandescent bulbs, and CFLs
Exhibit 39: Comparison of features of LEDs, incandescent bulbs, and CFLs
Exhibit 40: LED luminaires - Market size and forecast 2017-2022 ($ bn)
Exhibit 41: Luminaires - Year-over-year growth 2018-2022 (%)
Exhibit 42: Market opportunity by product
Exhibit 43: Customer landscape
Exhibit 44: Manufacturing cost of LEDs 2012-2022 ($/Klm)
Exhibit 45: Degree of urbanization by continent 2017
Exhibit 46: Price comparison of connected bulbs from different manufacturers
Exhibit 47: Smart home penetration rate by geography 2017 and 2022
Exhibit 48: Vendor landscape
Exhibit 49: Landscape disruption
Exhibit 50: Vendors covered
Exhibit 51: Vendor classification
Exhibit 52: Market positioning of vendors
Exhibit 53: Acuity Brands overview
Exhibit 54: Acuity Brands - Business segments
Exhibit 55: Acuity Brands - Organizational developments
Exhibit 56: Acuity Brands - Geographic focus
Exhibit 57: Acuity Brands - Segment focus
Exhibit 58: Acuity Brands - Key offerings
Exhibit 59: Cree overview
Exhibit 60: Cree - Business segments
Exhibit 61: Cree - Organizational developments
Exhibit 62: Cree - Geographic focus
Exhibit 63: Cree - Segment focus
Exhibit 64: Cree - Key offerings
Exhibit 65: Eaton overview
Exhibit 66: Eaton - Business segments
Exhibit 67: Eaton - Organizational developments
Exhibit 68: Eaton - Geographic focus
Exhibit 69: Eaton - Segment focus
Exhibit 70: Eaton - Key offerings
Exhibit 71: GENERAL ELECTRIC overview
Exhibit 72: GENERAL ELECTRIC - Business segments
Exhibit 73: GENERAL ELECTRIC - Organizational developments
Exhibit 74: GENERAL ELECTRIC - Geographic focus
Exhibit 75: GENERAL ELECTRIC- Segment focus
Exhibit 76: GENERAL ELECTRIC - Key offerings
Exhibit 77: Koninklijke Philips overview
Exhibit 78: Koninklijke Philips - Business segments
Exhibit 79: Koninklijke Philips - Organizational developments
Exhibit 80: Koninklijke Philips - Geographic focus
Exhibit 81: Koninklijke Philips - Segment focus
Exhibit 82: Koninklijke Philips - Key offerings
Exhibit 83: OSRAM overview
Exhibit 84: OSRAM - Business segments
Exhibit 85: OSRAM - Organizational developments
Exhibit 86: OSRAM - Geographic focus
Exhibit 87: OSRAM - Segment focus
Exhibit 88: OSRAM - Key offerings
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Acuity Brands
  • Cree
  • Eaton
  • GENERAL ELECTRIC
  • Koninklijke Philips
  • OSRAM
  • MORE
New Report Released: - LED Lighting Market in North America 2018-2022.

The author of the report recognizes the following companies as the key players in the LED lighting market in North America: Acuity Brands, Cree , Eaton , GENERAL ELECTRIC , Koninklijke Philips, OSRAM.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is New guidelines and government policies for smart lighting. Energy efficiency has become a major global concern nowadays, particularly as a result of global warming and the rapid depletion of non-renewable energy sources. The increased power consumption has resulted in several countries framing policies that ban the use of incandescent light bulbs in a phased manner, which have a relatively low power efficiency.”

According to the report, one of the major drivers for this market is Declining manufacturing cost of LEDs. The manufacturing cost of LEDs has declined steadily since 2012 and will continue to decline during the forecast period. This decline can be mainly attributed to the decreasing ASP of chips and components used in the manufacturing process of LED devices. The decline in the manufacturing cost of LEDs is also reducing the initial installation cost of LED lamps and fixtures, which will accelerate the installation of new LED lamps and fixtures across all application segments.

Further, the report states that one of the major factors hindering the growth of this market is High average cost per LED fixture. Though the total cost of owning LED lamps and fixtures is low compared to traditional incandescent and halogen bulbs, the high initial cost acts as a hindrance. The total cost of installation includes the cost of LED luminaires and labor charges. In addition, consumers who install smart lighting fixtures require plenty of resources to set up an IoT infrastructure. The price of incorporating smart bulbs in a fixture also varies depending on the type of manufacturer.

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.
Note: Product cover images may vary from those shown
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  • Acuity Brands
  • Cree
  • Eaton
  • GENERAL ELECTRIC
  • Koninklijke Philips
  • OSRAM
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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