Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

United States LED Lighting Market Share

Based on technology, regular LED lighting is a significant contributor to the market revenue

The regular LED lighting technology is recognised for its exceptional energy efficiency. The minimal heat emission of LEDs and their ability to emit light in a particular direction, eliminating the need for reflectors and diffusers, make them ideal for numerous uses.

 

Meanwhile, smart LED lighting offers up to 80% savings on conventional lighting and aids in improving the convenience and creativity of users by providing the option to customise the area as per their requirements. In smart LED lighting systems, each light source is linked to a smart system that offers reliable and superior-quality illumination.

 

Based on application, indoor solutions account for a significant share of the United States LED lighting market

There has been an extensive adoption of LED lighting, such as downlight lamps and luminaries in indoor spaces due to their benefit of sustainability. The rising adoption of home automation technology is anticipated to support the demand for smart LED lighting that can be controlled remotely.

 

Cities such as Detroit, Los Angeles, and San Jose are replacing traditional street lighting with LED lighting to enhance outdoor safety.

 

United States LED Lighting Market Report Snapshots

United States LED Lighting Market Size

United States LED Lighting Market Growth

United States LED Lighting Market Trends

United States LED Lighting Market Share

United States LED Lighting Manufacturers

United States LED Lighting Market Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a value of USD 11.77 billion in 2023.

The market is estimated to grow at a CAGR of 5.3% during 2024-2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 19.38 billion by 2032.

The key types are bulb, downlight, streetlight, tube lights, high bay, troffers, track lights, suspended pendants, and others.

The key regional markets for LED lighting are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

The end uses include residential, commercial, industrial, and highway and roadway.

The key technologies include smart LED lighting and regular LED lighting.

The key players in the market include Signify N.V., ams-OSRAM AG, Eaton Corporation plc, Acuity Brands, Inc, SMART Global Holdings, Inc, GE Lighting, Inc., and Hubbell Incorporated, among others.

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