Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

North America LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The North America LED lighting market reached a value of US$ 13 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 9% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor. 

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.

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America LED lighting market report, along with forecasts for growth at the regional and country level from 2021-2026. Our report has categorized the market based on product type and application.

  • 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
       

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Product Type, Application, Country 
Countries Covered United States, Canada, Mexico
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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)


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 has been the impact of COVID-19 on 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?

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    Impact of COVID-19
    6.3    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$), 2015-2020
Figure 2: Global: LED Lighting Market: Breakup by Product Type (in %), 2020
Figure 3: Global: LED Lighting Market: Breakup by Application (in %), 2020
Figure 4: Global: LED Lighting Market: Breakup by Region (in %), 2020
Figure 5: Global: LED Lighting Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6: North America: LED Lighting Market: Sales Value (in Billion US$), 2015-2020
Figure 7: North America: LED Lighting Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: North America: LED Lighting Market: Breakup by Product Type (in %), 2020
Figure 9: North America: LED Lighting (LED Lamps and Modules) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: North America: LED Lighting (LED Lamps and Modules) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: North America: LED Lighting (LED Fixtures) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: North America: LED Lighting (LED Fixtures) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: North America: LED Lighting Market: Breakup by Application (in %), 2020
Figure 14: North America: LED Lighting (Retrofit) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: North America: LED Lighting (Retrofit) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: North America: LED Lighting (Retail and Hospitality) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: North America: LED Lighting (Retail and Hospitality) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: North America: LED Lighting (Outdoor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: North America: LED Lighting (Outdoor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: North America: LED Lighting (Offices) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: North America: LED Lighting (Offices) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: North America: LED Lighting (Architectural) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: North America: LED Lighting (Architectural) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: North America: LED Lighting (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: North America: LED Lighting (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: North America: LED Lighting (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: North America: LED Lighting (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: North America: LED Lighting Market: Breakup by Country (in %), 2020
Figure 29: United States: LED Lighting Market: Sales Value (in Million US$), 2015-2020
Figure 30: United States: LED Lighting Market: Breakup by Product Type (in %), 2020
Figure 31: United States: LED Lighting Market: Breakup by Application (in %), 2020
Figure 32: United States: LED Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Canada: LED Lighting Market: Sales Value (in Million US$), 2015-2020
Figure 34: Canada: LED Lighting Market: Breakup by Product Type (in %), 2020
Figure 35: Canada: LED Lighting Market: Breakup by Application (in %), 2020
Figure 36: Canada: LED Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Mexico: LED Lighting Market: Sales Value (in Million US$), 2015-2020
Figure 38: Mexico: LED Lighting Market: Breakup by Product Type (in %), 2020
Figure 39: Mexico: LED Lighting Market: Breakup by Application (in %), 2020
Figure 40: Mexico: LED Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
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, 2020 and 2026
Table 2: North America: LED Lighting Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: North America: LED Lighting Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: North America: LED Lighting Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: North America: LED Lighting Market: Competitive Structure
Table 6: North America: LED Lighting Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

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.

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links