US LED Downlight Market to Reach US$ 8.7 Billion by 2032, Propelled by Increasing Demand for Eco-Friendly Lighting Systems

August 08, 2022 | Electronics and Semiconductors

According to the latest report by IMARC Group, titled “US LED Downlight Market Report by Product Type (Luminaire, Lamp and Retrofits), Application (Retrofit, Retail & Hospitality, Outdoor, Offices, Architectural, Residential, Manufacturing, and Others), and Region 2024-2032," the US LED downlight market reached a value of US$ 4.6 Billion in 2023. Light-emitting diode (LED) downlights are energy-efficient recessed light fixtures exclusively affixed into a hollow opening in a ceiling to illuminate a specific indoor environment. As compared to conventional lighting systems, such as incandescent lamps, LED downlights offer a relatively longer lifespan, better heat dissipation, minimal energy consumption, and low maintenance costs. Along with this, LED downlights are eco-friendly, customizable, easy to install, have flexible designs, and can be utilized with accent lighting to enhance the overall appearance of the space. On account of these properties, they are extensively installed in kitchens, offices, living rooms, shopping malls, hospitals, showrooms, and living rooms.

US LED Downlight Market Trends:

One of the key factors driving the market growth is the ongoing construction activities across the United States, which, in turn, has intensified the widespread product adoption across various residential and commercial spaces. LED downlights can endure external shocks, vibrations, and extreme weather conditions, making them most suitable for outdoor environments. In line with this, the rising environmental concerns and awareness about the sustainable properties of LED lighting solutions have further promoted their uptake in the country to mitigate carbon emissions, which is supporting the market growth. Furthermore, they are recyclable and lack mercury which helps in easier clean-up post-breakage, lowers toxicity, and reduces the contribution to landfills. Additionally, the advent of compact-sized LED downlights that consume lower amounts of electricity is acting as another growth-inducing factor. This can be further supplemented by the growing popularity of LED retrofitting, owing to their excellent lumen power and better service life at less wattage. Other factors, such as extensive celebrity endorsements and marketing techniques by brands, continuous research and development (R&D) activities, and strategic collaborations amongst key players to introduce customizable LED downlights with enhanced efficacy, are positively stimulating the market growth across the country. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 8.7 Billion by 2032, growing at a CAGR of 7.1% during 2024-2032.

Market Summary:

  • On the basis of the product type, the market has been bifurcated into luminaire, and lamp and retrofits.
  • Based on the application, the market has been segregated into retrofit, retail & hospitality, outdoor, offices, architectural, residential, manufacturing, and others.
  • On a regional basis, the market has been segmented into South, West, Northeast and Midwest US.
  • The competitive landscape of the industry has also been examined, with some of the key players being Acuity Brands Inc., Bridgelux Inc., Cree Inc., Eaton Corporation, Everlight Electronics, Feit Electric Company Inc., General Electric Company, Hubbell Incorporated, Lsi Industries, Osram Licht Ag, Phillips Electronics and Samsung Electronics Co. Ltd. 

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product Type, Application, Region
Region Covered  South, West, Northeast, Midwest 
Companies Covered Acuity Brands Inc., Bridgelux Inc., Cree Inc., Eaton Corporation, Everlight Electronics, Feit Electric Company Inc., General Electric Company, Hubbell Incorporated, Lsi Industries, Osram Licht Ag, Phillips Electronics and Samsung Electronics Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

30 N Gould St, Ste R
Sheridan, WY 82801, USA
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
US LED Downlight Market to Reach US$ 8.7 Billion by 2032, Propelled by Increasing Demand for Eco-Friendly Lighting Systems
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More