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Pulished Date April, 2021
ID: 9038
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North America LED Lighting Market Research Report – Segmented By Installation Type (New Installation & Retrofit Installation), By End-use (Indoor Lighting & Outdoor Lighting), By Country (US, Canada and Rest of North America) – Industry Analysis on Size, Share, Trends, Growth, Forecast | 2021 - 2026

Pulished: April, 2021
ID: 9038
Pages: 100

North America LED Lighting Market Size, Trends & Growth (2021 - 2026)

According to the latest report, the size of the LED Lighting Market in North America is expected to grow at a CAGR of 9.8% during the forecast period 2021 to 2026.

LED lighting circuit converts alternating current to direct current at minimum voltage. High temperatures may cause premature failures, so these lights are to be maintained at a constant temperature for better performance. LED drivers used in the circuit provides features like dimming and control. Users can choose among the varied designs of the lamps according to the application.

The rise in the demand for energy-efficient products in every application is a major factor accelerating the demand of the market. Increasing revenue in most of the countries is propelling the demand for the regional market.

However, the volatility of the raw materials is impeding the demand of the market. Also, decreasing skilled labor for manufacturing effective bulbs is limiting the growth of the market.

The adoption of the latest technology and launch of various features for the existing products is likely to outshine the growth of the North American market. Shifting trend towards the innovative infrastructures is surging growth opportunities for the market.

This research report includes the segmentation & sub-segmentation of the North America LED Lighting Market until 2025.

  • By Product Type: Lamp and Luminaire

  • By Application: Indoor and Outdoor Lighting

  • By Region: the United States, Canada and Rest of North America

On the basis of product type, the Lamp segment is dominating with the highest shares of the market with the rise in the demand to manufacture several lamps according to the requirement.

On the basis of application, the Indoor lighting segment is leading with the highest shares of the market. Increasing constructional activities with the latest equipment are fueling the demand of the market.

Regionally, the market is held by North America by owing to the quick adoption of the latest technological developments. Also, increasing disposable income in urban areas is lavishing the demand of the market. The rise in the construction of the smart home buildings in developed and developing countries is prompting demand of the market. Growing demand for cost-effective and easy installation lamps is greatly influencing the growth of the market. Increasing electricity bills by the government are also bolstering the demand of the market. The USA is contributing the largest shares of the market among all other countries.

Key players in the North American LED lighting market are Osram GmbH, Digital Lumens Inc., Signify Holding, General Electric, Cree, Inc., Dialight, Eaton, and others.

  1. Introduction
    1. Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. Research Methodology
    1. Introduction
    2. Research Phases
      1. Secondary Research
      2. Primary Research
      3. Econometric Modelling
      4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. Overview
    1. Executive Summary
    2. Key Inferences
    3. New Developments
  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
    1. Market Drivers
    2. Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  5. Market Segmentation
    1. By Product Type
      1. Lamp
      2. Luminaire
      3. Y-o-Y Growth Analysis, By Product Type
      4. Market Attractiveness Analysis, By Product Type
      5. Market Share Analysis, By Product Type
    2. By Application
      1. Indoor Lighting
      2. Outdoor Lighting
      3. Y-o-Y Growth Analysis, By Application
      4. Market Attractiveness Analysis, By Application
      5. Market Share Analysis, By Application
  6. Geographical Analysis
    1. Introduction    
      1. Regional Trends
      2. Impact Analysis
      3. Y-o-Y Growth Analysis        
        1. By Geographical Area
        2. By Product Type
        3. By Resource Type
        4. By Well Type
      4. Market Attractiveness Analysis      
        1. By Geographical Area
        2. By Resource Type
        3. By Well Type
      5. Market Share Analysis       
        1. By Geographical Area
        2. By Application
        3. By Product Type
    2. Asia-Pacific
      1. Introduction
      2. India
      3. China
      4. Japan
      5. South Korea
      6. Australia
  7. Strategic Analysis
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry
  8. Market Leaders' Analysis
    1. Cummins Inc
      1. Overview
      2. Product Analysis
      3. Strategic Evaluation and Operations
      4. Financial analysis
      5. Legal issues
      6. Recent Developments
      7. SWOT analysis
      8. Analyst View
    2. Osram GmbH
    3. Digital Lumens Inc
    4. Signify Holding
    5. General Electric
    6. Cree, Inc
    7. Dialight
    8. Eaton
  9. Competitive Landscape
    1. Market share analysis                        
    2. Merger and Acquisition Analysis                     
    3. Agreements, Collaborations and Joint Ventures                     
    4. New Product Launches
  10. Market Outlook and Investment Opportunities
  11. Appendix
    1. List of Tables
    2. List of Figures
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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