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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

North America LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The North America LED lighting market is expected to grow at a CAGR of around 9% during 2020-2025. Light-emitting diodes (LED) are semiconductor devices that produce non-coherent and narrow spectrum light when forward voltage is applied. As compared to conventional lights, LED lights are environment-friendly in nature and they save around 90% of the overall energy consumption. Some of the other advantages associated with LED lights include reliability, compact size, fast switching, longer lifespan, improved physical robustness, low heat output and minimum radiation emission. LED lights require a constant-current DC power source rather than a standard AC line voltage. Owing to this, LED lights find wide applications in industries such as automobiles, real estate, infrastructures, and consumer electronics.

North America LED Lighting Market

The North America LED lighting market is currently being driven by several factors. The booming lighting industry can be accredited to the rising demand for energy-efficient products and up-gradation of existing products with LEDs. Moreover, the technological innovations, increasing awareness among consumers about the benefits associated with LEDs and the rising environmental concerns have stimulated the market growth in the region. In addition to this, several applications of LEDs in automotive, general lighting, mobile devices, signal and signage, healthcare, forensic, street lighting, academics and research purposes have also spurred their demand. Furthermore, the increasing marketing initiatives by manufacturers, through various advertising mediums such as newspaper, television, etc., have catalyzed the growth of LED market in the region.

IMARC Group’s latest report provides a deep insight into the North America LED lighting market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America LED lighting market in any manner.

Report Scope:

  • North America LED Lighting Market
     
  • Key Regions Analysed
    • United States
    • Canada
    • Mexico
       
  • Analysis for Each Country
     
  • Market by Product Type
    • LED Lamps and Modules
    • LED Fixtures
       
  • Market by Application
    • Retrofit
    • Retail and Hospitality
    • Outdoor
    • Offices
    • Architectural
    • Residential
    • Others
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • PESTEL Analysis
  • Government Regulations
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles


Key Questions Answered in This Report:

  • How has the North America LED lighting market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America LED lighting market?
  • What is the breakup of the North America LED lighting market on the basis of product type?
  • What is the breakup of the North America LED lighting market on the basis of application?
  • What are the various stages in the value chain of the North America LED lighting industry?
  • What are the key driving factors and challenges in the North America LED lighting industry?
  • What is the structure of the North America LED lighting industry and who are the key players?
  • What is the degree of competition in the North America LED lighting industry?
  • What are the profit margins in the North America LED lighting industry?


Report Coverage:

  • Base Year Considered: 2019
  • Historical Data Coverage: 2014-2019
  • Market Forecast: 2020-2025
  • Currency: US$
  • Geography Covered: North America, United States, Canada and Mexico
  • Segments Covered: Product Type and Application
     

Report Customization: Although IMARC has tried to cover everything in the North America LED lighting market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global LED Lighting Market
    5.1    Market Performance
    5.2    Market Breakup by Product Type
    5.3    Market Breakup by Application 
    5.4    Market Breakup by Region 
    5.5    Market Forecast 
6    North America LED Lighting Market
    6.1    Market Performance
    6.2    Market Forecast 
7    North America LED Lighting Market: Breakup by Product Type 
    7.1    LED Lamps and Modules
    7.2    LED Fixtures
8    North America LED Lighting Market: Breakup by Application
    8.1    Retrofit
    8.2    Retail and Hospitality
    8.3    Outdoor
    8.4    Offices
    8.5    Architectural
    8.6    Residential
    8.7    Others
9    North America LED Lighting Market: Breakup by Country 
    9.1   United States
     9.1.1    Historical Market Trends
     9.1.2    Market Breakup by Product Type
     9.1.3    Market Breakup by Application
     9.1.4    Market Forecast
    9.2   Canada
     9.2.1    Historical Market Trends
     9.2.2    Market Breakup by Product Type 
     9.2.3    Market Breakup by Application
     9.2.4    Market Forecast
    9.3   Mexico
     9.3.1    Historical Market Trends
     9.3.2    Market Breakup by Product Type 
     9.3.3    Market Breakup by Application
     9.3.4    Market Forecast
10    SWOT Analysis 
    10.1    Overview 
    10.2    Strengths
    10.3    Weaknesses 
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
    11.1     Overview
    11.2     Primary Raw Material Suppliers
    11.3     LED Chip Manufacturers
    11.4     LED Package and Module Manufacturers
    11.5     Lighting/Electronic/Automotive Products Manufacturers
    11.6     Product Distribution/Export
    11.7     End-User
12    Porter’s Five Forces Analysis 
    12.1     Overview
    12.2     Bargaining Power of Buyers
    12.3     Bargaining Power of Suppliers
    12.4     Degree of Rivalry
    12.5     Threat of New Entrants
    12.6     Threat of Substitutes
13    Price Analysis 
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players


List of Figures

Figure 1: Global: LED Lighting Market: Sales Value (in Billion US$), 2014-2019
Figure 2: Global: LED Lighting Market: Breakup by Product Type (in %), 2019
Figure 3: Global: LED Lighting Market: Breakup by Application (in %), 2019
Figure 4: Global: LED Lighting Market: Breakup by Region (in %), 2019
Figure 5: Global: LED Lighting Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 6: North America: LED Lighting Market: Sales Value (in Billion US$), 2014-2019
Figure 7: North America: LED Lighting Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 8: North America: LED Lighting Market: Breakup by Product Type (in %), 2019
Figure 9: North America: LED Lighting (LED Lamps and Modules) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: North America: LED Lighting (LED Lamps and Modules) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: North America: LED Lighting (LED Fixtures) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: North America: LED Lighting (LED Fixtures) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: North America: LED Lighting Market: Breakup by Application (in %), 2019
Figure 14: North America: LED Lighting (Retrofit) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: North America: LED Lighting (Retrofit) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: North America: LED Lighting (Retail and Hospitality) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: North America: LED Lighting (Retail and Hospitality) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: North America: LED Lighting (Outdoor) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: North America: LED Lighting (Outdoor) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: North America: LED Lighting (Offices) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: North America: LED Lighting (Offices) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: North America: LED Lighting (Architectural) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: North America: LED Lighting (Architectural) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: North America: LED Lighting (Residential) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: North America: LED Lighting (Residential) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: North America: LED Lighting (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: North America: LED Lighting (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: North America: LED Lighting Market: Breakup by Country (in %), 2019
Figure 29: United States: LED Lighting Market: Sales Value (in Million US$), 2014-2019
Figure 30: United States: LED Lighting Market: Breakup by Product Type (in %), 2019
Figure 31: United States: LED Lighting Market: Breakup by Application (in %), 2019
Figure 32: United States: LED Lighting Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: Canada: LED Lighting Market: Sales Value (in Million US$), 2014-2019
Figure 34: Canada: LED Lighting Market: Breakup by Product Type (in %), 2019
Figure 35: Canada: LED Lighting Market: Breakup by Application (in %), 2019
Figure 36: Canada: LED Lighting Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: Mexico: LED Lighting Market: Sales Value (in Million US$), 2014-2019
Figure 38: Mexico: LED Lighting Market: Breakup by Product Type (in %), 2019
Figure 39: Mexico: LED Lighting Market: Breakup by Application (in %), 2019
Figure 40: Mexico: LED Lighting Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: North America: LED Lighting Industry: SWOT Analysis
Figure 42: North America: LED Lighting Industry: Value Chain Analysis
Figure 43: North America: LED Lighting Industry: Porter’s Five Forces Analysis


List of Tables

Table 1: North America: LED Lighting Market: Key Industry Highlights, 2019 and 2025
Table 2: North America: LED Lighting Market Forecast: Breakup by Product Type (in Million US$), 2020-2025
Table 3: North America: LED Lighting Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 4: North America: LED Lighting Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 5: North America: LED Lighting Market: Competitive Structure
Table 6: North America: LED Lighting Market: Key Players
 

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