북미의 LED 조명 시장 규모, 점유율, 동향 분석 보고서 : 제품별, 용도별, 최종 용도별, 국가별, 부문별 예측(2023-2030년)

North America LED Lighting Market Growth & Trends:

The North America LED lighting market size is expected to reach USD 21.08 billion by 2030, registering a CAGR of 8.8% over the forecast period, according to a new report by Grand View Research, Inc. Increase in the need to use sustainable energy sources among residential, industrial, and commercial end uses across U.S. and Canada is driving the market. Furthermore, benefits such as greater lifespan of light-emitting diode (LED) lights, high energy saving potential, directional capabilities, and eco-friendly nature over conventional lightings are anticipated to boost market demand through 2030. Additionally, stringent energy-saving policies implemented by the government and regulatory efforts to standardize LED products are likely to encourage widespread adoption.

The commercial end-use segment has witnessed high growth in the past years owing to rise in the adoption of downlights, streetlights, and troffers. The residential segment primarily focuses on low procurement cost while purchasing lighting products, whereas the commercial segment focuses on the operating and replacement cost. Thus, reduction in prices and availability of rebate programs have led to awareness among consumers, which has contributed to the adoption of light-emitting diode lighting solutions among residential as well as commercial end users. Furthermore, advantages such as no need for regular replacement due to longer lifespan and reduced maintenance cost have benefitted commercial and industrial end users. For instance, high-quality LED products offer 25,000 lifetime hours, whereas typical incandescent offered 1,000 lifetime hours and CFLs offered 8,000 to 12,000 lifetime hours.

The market demand for light-emitting diode products has witnessed substantial growth in Canada owing to lucrative rebate programs and government policies. For users to qualify for the rebate programs, they need to deploy or use the ENERGY STAR line of lighting fixtures. Furthermore, the Canadian government offers higher rebates from 25% to 50% to offset the cost of upgrading or retrofitting qualified and licensed lights. For instance, Save on Energy programs are provided through Ontario's local electric utilities to small businesses. The program offers incentives up to USD 2,000 for upgrading energy-efficient lighting products, which include a range of ENERGY STAR certified LED products. Thus, growth in the adoption of ENERGY STAR products, which meets energy efficiency levels without comprising performance, is enabling market development in the region.

North America LED Lighting Market Report Highlights:

• The North America LED lighting market was valued at USD 10.41 billion in 2022 and is expected to register a CAGR of 8.8% from 2023 to 2030
• The luminaires product type segment accounted for the largest revenue share of over 65.5% in 2022, which can be attributed to increase in demand for downlights and troffers for indoor applications
• The U.S. market held the dominant share of 78.2% in 2022. Implementation of light control technologies and LED products has been the key factor driving the market in commercial and industrial applications

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
  • 1.1.1. Product
  • 1.1.2. Application
  • 1.1.3. End-use
  • 1.1.4. Regional scope
  • 1.1.5. Estimates and forecast timeline
• 1.2. Research Methodology
• 1.3. Information Procurement
  • 1.3.1. Purchased database
  • 1.3.2. GVR's internal database
  • 1.3.3. Secondary sources
  • 1.3.4. Primary research
  • 1.3.5. Details of primary research
• 1.4. Information or Data Analysis
• 1.5. Market Formulation & Validation
• 1.6. Model Details
• 1.7. List of Secondary Sources
• 1.8. List of Primary Sources
• 1.9. Objectives

Chapter 2. Executive Summary

• 2.1. Market Outlook
• 2.2. Segment Outlook
  • 2.2.1. Product Outlook
  • 2.2.2. Application Outlook
  • 2.2.3. End-use Outlook
• 2.3. Competitive Insights

Chapter 3. North America LED Lighting Market Variables, Trends & Scope

• 3.1. Market Lineage Outlook
• 3.2. Industry Value Chain Analysis
• 3.3. Market Dynamics
  • 3.3.1. Market Driver Analysis
  • 3.3.2. Market Restraint Analysis
  • 3.3.3. Market Opportunity Analysis
• 3.4. North America LED Lighting Market Analysis Tools
  • 3.4.1. Industry Analysis - Porter's Five Forces
    • 3.4.1.1. Supplier power
    • 3.4.1.2. Buyer power
    • 3.4.1.3. Substitution threat
    • 3.4.1.4. Threat of new entrant
    • 3.4.1.5. Competitive rivalry
  • 3.4.2. PESTEL analysis
    • 3.4.2.1. Political landscape
    • 3.4.2.2. Technological landscape
    • 3.4.2.3. Economic landscape

Chapter 4. North America LED Lighting Market: Product Estimates & Trend Analysis

• 4.1. North America LED Lighting Market: Key Takeaways
• 4.2. North America LED Lighting Market: Movement & Market Share Analysis, 2022 & 2030
• 4.3. Lamps
  • 4.3.1. Lamps market estimates and forecasts, 2017 to 2030 (USD Billion)
  • 4.3.2. A-Lamps
    • 4.3.2.1. A-lamps market estimates and forecasts, 2017 to 2030 (USD Billion)
  • 4.3.3. T-Lamps
    • 4.3.3.1. T-lamps market estimates and forecasts, 2017 to 2030 (USD Billion)
  • 4.3.4. Others
    • 4.3.4.1. Others market estimates and forecasts, 2017 to 2030 (USD Billion)
• 4.4. Luminaires
  • 4.4.1. Luminaires market estimates and forecasts, 2017 to 2030 (USD Billion)
  • 4.4.2. Street lights
    • 4.4.2.1. Street lights market estimates and forecasts, 2017 to 2030 (USD Billion)
  • 4.4.3. Downlights
    • 4.4.3.1. Downlights market estimates and forecasts, 2017 to 2030 (USD Billion)
  • 4.4.4. Troffers
    • 4.4.4.1. Troffers market estimates and forecasts, 2017 to 2030 (USD Billion)
  • 4.4.5. Others
    • 4.4.5.1. Others market estimates and forecasts, 2017 to 2030 (USD Billion)

Chapter 5. North America LED Lighting Market: Application Estimates & Trend Analysis

• 5.1. North America LED Lighting Market: Key Takeaways
• 5.2. North America LED Lighting Market: Movement & Market Share Analysis, 2022 & 2030
• 5.3. Indoor
  • 5.3.1. Indoor market estimates and forecasts, 2017 to 2030 (USD Billion)
• 5.4. Outdoor
  • 5.4.1. Outdoor market estimates and forecasts, 2017 to 2030 (USD Billion)

Chapter 6. North America LED Lighting Market: End-use Estimates & Trend Analysis

• 6.1. North America LED Lighting Market: Key Takeaways
• 6.2. North America LED Lighting Market: Movement & Market Share Analysis, 2022 & 2030
• 6.3. Commercial
  • 6.3.1. Commercial market estimates and forecasts, 2017 to 2030 (USD Billion)
• 6.4. Residential
  • 6.4.1. Residential market estimates and forecasts, 2017 to 2030 (USD Billion)
• 6.5. Industrial
  • 6.5.1. Industrial market estimates and forecasts, 2017 to 2030 (USD Billion)
• 6.6. Others
  • 6.6.1. Others market estimates and forecasts, 2017 to 2030 (USD Billion)

Chapter 7. North America LED Lighting Market: Regional Estimates & Trend Analysis

• 7.1. Regional Outlook
• 7.2. North America LED Lighting Market by Region: Key Takeaway
• 7.3. North America
  • 7.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Billion)
  • 7.3.2. U.S.
    • 7.3.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Billion)
  • 7.3.3. Canada
    • 7.3.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Billion)

Chapter 8. Competitive Landscape

• 8.1. Recent Developments & Impact Analysis, By Key Market Participants
• 8.2. Market Participant Categorization
  • 8.2.1. Acuity Brands Lighting, Inc.
    • 8.2.1.1. Company overview
    • 8.2.1.2. Financial performance
    • 8.2.1.3. Product benchmarking
    • 8.2.1.4. Strategic initiatives
  • 8.2.2. Eaton
    • 8.2.2.1. Company overview
    • 8.2.2.2. Financial performance
    • 8.2.2.3. Product benchmarking
    • 8.2.2.4. Strategic initiatives
  • 8.2.3. WOLFSPEED, INC.
    • 8.2.3.1. Company overview
    • 8.2.3.2. Financial performance
    • 8.2.3.3. Product benchmarking
    • 8.2.3.4. Strategic initiatives
  • 8.2.4. Digital Lumens, Incorporated.
    • 8.2.4.1. Company overview
    • 8.2.4.2. Financial performance
    • 8.2.4.3. Product benchmarking
    • 8.2.4.4. Strategic initiatives
  • 8.2.5. General Electric
    • 8.2.5.1. Company overview
    • 8.2.5.2. Financial performance
    • 8.2.5.3. Product benchmarking
    • 8.2.5.4. Strategic initiatives
  • 8.2.6. Hubbell
    • 8.2.6.1. Company overview
    • 8.2.6.2. Financial performance
    • 8.2.6.3. Product benchmarking
    • 8.2.6.4. Strategic initiatives
  • 8.2.7. LSI Industries Inc.
    • 8.2.7.1. Company overview
    • 8.2.7.2. Financial performance
    • 8.2.7.3. Product benchmarking
    • 8.2.7.4. Strategic initiatives
  • 8.2.8. LumiGrow, Inc.
    • 8.2.8.1. Company overview
    • 8.2.8.2. Financial performance
    • 8.2.8.3. Product benchmarking
    • 8.2.8.4. Strategic initiatives
  • 8.2.9. OSRAM GmbH.
    • 8.2.9.1. Company overview
    • 8.2.9.2. Financial performance
    • 8.2.9.3. Product benchmarking
    • 8.2.9.4. Strategic initiatives
  • 8.2.10. Panasonic Holdings Corporation
    • 8.2.10.1. Company overview
    • 8.2.10.2. Financial performance
    • 8.2.10.3. Product benchmarking
    • 8.2.10.4. Strategic initiatives
  • 8.2.11. Signify Holding
    • 8.2.11.1. Company overview
    • 8.2.11.2. Financial performance
    • 8.2.11.3. Product benchmarking
    • 8.2.11.4. Strategic initiatives
  • 8.2.12. Vishay Intertechnology, Inc.
    • 8.2.12.1. Company overview
    • 8.2.12.2. Financial performance
    • 8.2.12.3. Product benchmarking
    • 8.2.12.4. Strategic initiatives