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Light-Emitting Diode (LED) Lighting Market In North America 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The light-emitting diode (LED) lighting market in North America is poised to grow by $ 5.12 bn during 2020-2024 progressing at a CAGR of 8% during the forecast period. The report on light-emitting diode (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 North America market scenario, latest trends and drivers, and the overall market environment. The market is driven by the declining manufacturing cost of LEDs and growing number of households and urbanization. In addition, declining manufacturing cost of LEDs is anticipated to boost the growth of the market as well.
The light-emitting diode (LED) lighting market in North America analysis includes product segment and application segment
The light-emitting diode (LED) lighting market in North America is segmented as below:
By Product
- LED luminaries
- LED lamps
By Application
- Residential
- Commercial
- Industrial
- Outdoor
- Others
This study identifies the demand for LED lights in hazardous industrial areas as one of the prime reasons driving the light-emitting diode (LED) lighting market in North America growth during the next few years.
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.
The light-emitting diode (LED) lighting market in North America covers the following areas:
- Light-emitting diode (LED) lighting market in North America sizing
- Light-emitting diode (LED) lighting market in North America forecast
- Light-emitting diode (LED) lighting market in North America industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading light-emitting diode (LED) lighting market in North America vendors that include Acuity Brands Inc., Cree Inc., Dialight Plc, Eaton Corporation Plc, GE Current a Daintree Company, OSRAM Licht AG, Schneider Electric SE, Signify NV, USA LED, and Zumtobel Group AG. Also, the light-emitting diode (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 on 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 research - both primary and secondary.
This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Application
Customer Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the light-emitting diode (led) lighting market in North America: Acuity Brands Inc., Cree Inc., Dialight Plc, Eaton Corporation Plc, GE Current a Daintree Company, OSRAM Licht AG, Schneider Electric SE, Signify NV, USA LED, and Zumtobel Group AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is demand for LED lights in hazardous industrial areas."
According to the report, one of the major drivers for this market is the declining manufacturing cost of LEDs.
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
A selection of companies mentioned in this report includes:
- Acuity Brands Inc.
- Cree Inc.
- Dialight Plc
- Eaton Corporation Plc
- GE Current a Daintree Company
- OSRAM Licht AG
- Schneider Electric SE
- Signify NV
- USA LED
- Zumtobel Group AG
