+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

North America Filament LED Bulb Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (0-25-Watt Type, 25-40-Watt Type, 40-60-Watt Type, and Above 60-Watt Type) and Application (Residential, Restaurants and Bars, Hotels, Café, and Others)

  • PDF Icon

    Report

  • 74 Pages
  • August 2021
  • Region: North America
  • The Insight Partners
  • ID: 5416263
0-25-Watt Type Segment to Dominate North America Filament LED Bulb Market during 2020-2028

According to a new market research study on “North America Filament LED Bulb Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Product and Application,” is expected to reach US$ 1,473.26 million by 2028 from US$ 341.96 million in 2021. The market is estimated to grow at a CAGR of 23.2% from 2021 to 2028. The report provides trends prevailing in the North America filament LED bulb market along with the drivers and restraints pertaining to the market growth. Rising number of commercial and residential construction projects is the major factor driving the growth of the North America filament LED bulb market. However, common difficulties faced in filament LED bulbs hinder the growth of North America filament LED bulb market.

Because of favorable government policies to encourage innovation, the presence of a large industrial base, and high purchasing power, North America is one of the most important regions for adopting and developing new technologies, particularly in developed countries such as the United States and Canada. As a result, any influence on industry growth is projected to have a negative influence on the region's economic growth. Businesses in the region have been significantly impacted by COVID-19 in four key areas: supply chain/operations, personnel, 2020 investments, and product offering. According to World meter, there were 30,774,033 cases documented in the United States alone as of March 24th, 2021. Due to the extreme measures adopted during the pandemic, overhead expenditures, including expenditure for sales, research and development (R&D), and administration of various providers, declined unfavorably in the first nine months. Despite the impact of the global outbreak, profitability increased, owing to continual cost structure improvement. The adoption of good interiors is more across the region but due to COVID-19 the development of lighting systems got hampered. Furthermore, the maintenance and renovation of indoor infrastructure also got hindered, owing to less presence of labor in this pandemic period. Several small café and restaurants got out of business owing to bankruptcy. The outbreak of the pandemic has also led this business to concentrate more on online deliveries rather than dine in services. Thus, the above-mentioned factors have negatively impacted the filament LED bulb market during the pandemic.

The market for filament LED bulb market is segmented into product, application and country. Based on product, market is segmented as 0-25-Watt type, 25-40-Watt type. 40-60-Watt type and Above 60-Watt type. In 2020, the 0-25-Watt type segment held the largest share North America filament LED bulb market. Based on application the market is divided into residential, restaurants, bars, hotels, cafes and homes, others. In 2020, the residential segment held the largest share North America filament LED bulb market. Based on country, the filament LED bulb market is segmented into US, Canada , Mexico.

Havells India Ltd; MEGAMAN; Feilo Sylvania Europe Limited; UKLED; Verbatim Americas LLC; OSRAM GmbH; Signify Holding (Philips); Seoul Semiconductor Co. Ltd.; are among the leading companies in the North America filament LED bulb market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, Manufactured as energy efficient and cost-effective replacements for traditional incandescent lamps, Verbatim LED S14 Lamps are ideal for use in signage applications. Wet rated and enclosed rated, these LED lamps are ideal for outdoor use as well

Reasons to buy:

  • To understand the North America filament LED bulb market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America filament LED bulb market
  • Efficiently plan M&A and partnership deals in North America filament LED bulb market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America filament LED bulb market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in North America region

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Filament LED Bulb Market - By Product
1.3.2 North America Filament LED Bulb Market - By Application
1.3.3 North America Filament LED Bulb Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Filament LED Bulb Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Filament LED Bulb Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Number of Commercial and Residential Construction Projects
5.1.2 Rising Awareness About Advantages of Filament LED Bulbs
5.2 Market Restraints
5.2.1 Common Difficulties Faced in Filament LED Bulbs
5.3 Market Opportunities
5.3.1 Surge in Product Innovations and Launches Coupled with High Expansion Strategies
5.4 Future Trends
5.4.1 Increase in Adoption of Filament LED Bulbs Across Restaurants, Hotels, Bars, and Cafes
5.5 Impact Analysis of Drivers and Restraints
6. Filament LED Bulb Market - North America Analysis
6.1 North America Filament LED Bulb Market Overview
6.2 North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
7. North America Filament LED Bulb Market Analysis - By Product
7.1 Overview
7.2 North America Filament LED Bulb Market, By Product (2020 and 2028)
7.3 0-25-Watt Type
7.3.1 Overview
7.3.2 0-25-Watt Type: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
7.4-40-Watt Type
7.4.1 Overview
7.4.2-40-Watt Type: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
7.5-60-Watt Type
7.5.1 Overview
7.5.2-60-Watt Type: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Above 60-Watt Type
7.6.1 Overview
7.6.2 Above 60-Watt Type: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
8. North America Filament LED Bulb Market Analysis - By Application
8.1 Overview
8.2 North America Filament LED Bulb Market, By Application (2020 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Restaurants and Bars
8.4.1 Overview
8.4.2 Restaurants and Bars: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Hotels
8.5.1 Overview
8.5.2 Hotels: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Café
8.6.1 Overview
8.6.2 Café: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
9. North America Filament LED Bulb Market - Country Analysis
9.1 Overview
9.1.1 North America: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2 North America: Filament LED Bulb Market, by Key Country
9.1.2.1 US: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 US: Filament LED Bulb Market, by Product
9.1.2.1.2 US: Filament LED Bulb Market, by Application
9.1.2.2 Canada: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Canada: Filament LED Bulb Market, by Product
9.1.2.2.2 Canada: Filament LED Bulb Market, by Application
9.1.2.3 Mexico: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Mexico: Filament LED Bulb Market, by Product
9.1.2.3.2 Mexico: Filament LED Bulb Market, by Application
10. Impact of COVID-19 Pandemic on North America Filament LED Bulb Market
10.1 North America
11. Industry Landscape
11.1 Market Initiative
11.2 New Development
12. Company Profiles
12.1 Havells India Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 MEGAMAN
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Feilo Sylvania Europe Limited
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 UKLED
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Verbatim Americas LLC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 OSRAM GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Signify Holding (Philips)
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Seoul Semiconductor Co., Ltd.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About
13.2 Word Index
List of Tables
Table 1. North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. US: Filament LED Bulb Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Filament LED Bulb Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada: Filament LED Bulb Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Filament LED Bulb Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico: Filament LED Bulb Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico: Filament LED Bulb Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 8. List of Abbreviation
List of Figures
Figure 1. North America Filament LED Bulb Market Segmentation
Figure 2. North America Filament LED Bulb Market Segmentation - By Country
Figure 3. North America Filament LED Bulb Market Overview
Figure 4. 0-25-Watt Type Product Segment held the Largest Share of North America Filament LED Bulb Market
Figure 5. Residential Segment held the Largest Share of North America Filament LED Bulb Market
Figure 6. US to Show Great Traction During Forecast Period
Figure 7. North America: PEST Analysis
Figure 8. Expert Opinion
Figure 9. North America Filament LED Bulb Market: Impact Analysis of Drivers and Restraints
Figure 10. North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America Filament LED Bulb Market Revenue Share, by Product (2020 and 2028)
Figure 12. 0-25-Watt Type: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13.-40-Watt Type: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14.-60-Watt Type: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Above 60-Watt Type: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Filament LED Bulb Market Revenue Share, by Application (2020 and 2028)
Figure 17. Residential: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Restaurants and Bars: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Hotels: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Café: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: North America Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America: Filament LED Bulb Market - Revenue by Country to 2028 (US$ Million)
Figure 23. North America: Filament LED Bulb Market Revenue Share, by Key Country (2020 and 2028)
Figure 24. US: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Canada: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Mexico: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Impact of COVID-19 Pandemic in North American Country Markets

Companies Mentioned (Partial List)

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

  • Feilo Sylvania Europe Limited
  • Havells India Ltd
  • MEGAMAN
  • OSRAM GmbH
  • Seoul Semiconductor Co., Ltd.
  • Signify Holding (Philips)
  • UKLED
  • Verbatim Americas LLC

Table Information