The North America Electric Lighting Equipment Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030).In the year 2019, the North America market's volume surged to 120.7 million units, showcasing a growth of 3.7% (2019-2022).
Light is produced by electric lighting equipment using electricity. This source of illumination is a typical example of artificial lightning. The three primary categories of electrical lighting equipment are backlighting, automotive lighting, and general lighting. Especially in low light, the lighting system enhances visibility.
Modern society is dependent on electric lighting. It has a variety of functions since it illuminates houses, buildings, offices, schools, roads, factories, etc. Electricity typically powers the vast majority of lighting fixtures and fittings. However, electric generators or battery systems can also help with lighting for various lighting items, including lights and LED lights.
Companies operating in the market must adhere to the energy efficiency standards established by the government agencies of various countries. Additionally, the market is expected to rise due to technological advancements throughout the forecasted period. Wipro provides, for instance, inSync, a human-centric lighting solution that is synchronized with the earth's natural illumination cycle and can be programmed to simulate natural sunlight.
The future of lighting in the United States could be significantly altered by LED, a very energy-efficient lighting technology. Compared to incandescent lights, residential LEDs, especially those with the Energy star label, use at least 75% less energy and can last up to 25 times longer. In Mexico, the government primarily concentrates on outdoor lighting to cut electricity consumption and greenhouse gas emissions, growing public infrastructure projects and government investments in the area are encouraging the growth of the street lighting sector, which in turn is boosting demand for LED lights. It is anticipated that the market will expand in the region due to the rising popularity of smart homes and focus on energy conservation.
The US market dominated the North America Electric Lighting Equipment Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $34.8 billion by 2030. The Canada market is estimated to witness a CAGR of 9% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 8.1% during (2023 - 2030).
Based on Type, the market is segmented into General Lighting, Automotive Lighting and Back Lighting. Based on Sales Channel, the market is segmented into Offline and Online. Based on Application, the market is segmented into Residential, Commercial and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Electric Lighting Equipment Market is Projected to reach USD 173.2 Billion by 2030, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hubbell Incorporated, Eaton Corporation PLC, Stanley Electric Co. Ltd., Acuity Brands Lighting, Inc., ams-OSRAM AG, Savant Systems, Inc., Toshiba Corporation, Nichia Corporation, Everlight Electronics Co., Ltd., and Signify N.V.
Scope of the Study
Market Segments Covered in the Report:
By Type (Volume, Million Units, USD Million, 2019-2030)
- General Lighting
- Automotive Lighting
- Back Lighting
By Sales Channel (Volume, Million Units, USD Million, 2019-2030)
By Application (Volume, Million Units, USD Million, 2019-2030)
- Residential
- Commercial
- Others
By Country (Volume, Million Units, USD Million, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Hubbell Incorporated
- Eaton Corporation PLC
- Stanley Electric Co. Ltd.
- Acuity Brands Lighting, Inc.
- ams-OSRAM AG
- Savant Systems, Inc.
- Toshiba Corporation
- Nichia Corporation
- Everlight Electronics Co., Ltd.
- Signify N.V.
TABLE 1 North America Electric Lighting Equipment Market, 2019 - 2022, USD Million
TABLE 2 North America Electric Lighting Equipment Market, 2023 - 2030, USD Million
TABLE 3 North America Electric Lighting Equipment Market, 2019 - 2022, Million Units
TABLE 4 North America Electric Lighting Equipment Market, 2023 - 2030, Million Units
TABLE 5 Partnerships, Collaborations and Agreements– Electric Lighting Equipment Market
TABLE 6 Product Launches And Product Expansions– Electric Lighting Equipment Market
TABLE 7 Acquisition and Mergers– Electric Lighting Equipment Market
TABLE 8 North America Electric Lighting Equipment Market by Type, 2019 - 2022, USD Million
TABLE 9 North America Electric Lighting Equipment Market by Type, 2023 - 2030, USD Million
TABLE 10 North America Electric Lighting Equipment Market by Type, 2019 - 2022, Million Units
TABLE 11 North America Electric Lighting Equipment Market by Type, 2023 - 2030, Million Units
TABLE 12 North America General Lighting Market by Country, 2019 - 2022, USD Million
TABLE 13 North America General Lighting Market by Country, 2023 - 2030, USD Million
TABLE 14 North America General Lighting Market by Country, 2019 - 2022, Million Units
TABLE 15 North America General Lighting Market by Country, 2023 - 2030, Million Units
TABLE 16 North America Automotive Lighting Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Automotive Lighting Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Automotive Lighting Market by Country, 2019 - 2022, Million Units
TABLE 19 North America Automotive Lighting Market by Country, 2023 - 2030, Million Units
TABLE 20 North America Back Lighting Market by Country, 2019 - 2022, USD Million
TABLE 21 North America Back Lighting Market by Country, 2023 - 2030, USD Million
TABLE 22 North America Back Lighting Market by Country, 2019 - 2022, Million Units
TABLE 23 North America Back Lighting Market by Country, 2023 - 2030, Million Units
TABLE 24 North America Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, USD Million
TABLE 25 North America Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, USD Million
TABLE 26 North America Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, Million Units
TABLE 27 North America Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, Million Units
TABLE 28 North America Offline Market by Country, 2019 - 2022, USD Million
TABLE 29 North America Offline Market by Country, 2023 - 2030, USD Million
TABLE 30 North America Offline Market by Country, 2019 - 2022, Million Units
TABLE 31 North America Offline Market by Country, 2023 - 2030, Million Units
TABLE 32 North America Online Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Online Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Online Market by Country, 2019 - 2022, Million Units
TABLE 35 North America Online Market by Country, 2023 - 2030, Million Units
TABLE 36 North America Electric Lighting Equipment Market by Application, 2019 - 2022, USD Million
TABLE 37 North America Electric Lighting Equipment Market by Application, 2023 - 2030, USD Million
TABLE 38 North America Electric Lighting Equipment Market by Application, 2019 - 2022, Million Units
TABLE 39 North America Electric Lighting Equipment Market by Application, 2023 - 2030, Million Units
TABLE 40 North America Residential Market by Country, 2019 - 2022, USD Million
TABLE 41 North America Residential Market by Country, 2023 - 2030, USD Million
TABLE 42 North America Residential Market by Country, 2019 - 2022, Million Units
TABLE 43 North America Residential Market by Country, 2023 - 2030, Million Units
TABLE 44 North America Commercial Market by Country, 2019 - 2022, USD Million
TABLE 45 North America Commercial Market by Country, 2023 - 2030, USD Million
TABLE 46 North America Commercial Market by Country, 2019 - 2022, Million Units
TABLE 47 North America Commercial Market by Country, 2023 - 2030, Million Units
TABLE 48 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 49 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 50 North America Others Market by Country, 2019 - 2022, Million Units
TABLE 51 North America Others Market by Country, 2023 - 2030, Million Units
TABLE 52 North America Electric Lighting Equipment Market by Country, 2019 - 2022, USD Million
TABLE 53 North America Electric Lighting Equipment Market by Country, 2023 - 2030, USD Million
TABLE 54 North America Electric Lighting Equipment Market by Country, 2019 - 2022, Million Units
TABLE 55 North America Electric Lighting Equipment Market by Country, 2023 - 2030, Million Units
TABLE 56 US Electric Lighting Equipment Market, 2019 - 2022, USD Million
TABLE 57 US Electric Lighting Equipment Market, 2023 - 2030, USD Million
TABLE 58 US Electric Lighting Equipment Market, 2019 - 2022, Million Units
TABLE 59 US Electric Lighting Equipment Market, 2023 - 2030, Million Units
TABLE 60 US Electric Lighting Equipment Market by Type, 2019 - 2022, USD Million
TABLE 61 US Electric Lighting Equipment Market by Type, 2023 - 2030, USD Million
TABLE 62 US Electric Lighting Equipment Market by Type, 2019 - 2022, Million Units
TABLE 63 US Electric Lighting Equipment Market by Type, 2023 - 2030, Million Units
TABLE 64 US Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, USD Million
TABLE 65 US Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, USD Million
TABLE 66 US Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, Million Units
TABLE 67 US Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, Million Units
TABLE 68 US Electric Lighting Equipment Market by Application, 2019 - 2022, USD Million
TABLE 69 US Electric Lighting Equipment Market by Application, 2023 - 2030, USD Million
TABLE 70 US Electric Lighting Equipment Market by Application, 2019 - 2022, Million Units
TABLE 71 US Electric Lighting Equipment Market by Application, 2023 - 2030, Million Units
TABLE 72 Canada Electric Lighting Equipment Market, 2019 - 2022, USD Million
TABLE 73 Canada Electric Lighting Equipment Market, 2023 - 2030, USD Million
TABLE 74 Canada Electric Lighting Equipment Market, 2019 - 2022, Million Units
TABLE 75 Canada Electric Lighting Equipment Market, 2023 - 2030, Million Units
TABLE 76 Canada Electric Lighting Equipment Market by Type, 2019 - 2022, USD Million
TABLE 77 Canada Electric Lighting Equipment Market by Type, 2023 - 2030, USD Million
TABLE 78 Canada Electric Lighting Equipment Market by Type, 2019 - 2022, Million Units
TABLE 79 Canada Electric Lighting Equipment Market by Type, 2023 - 2030, Million Units
TABLE 80 Canada Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, USD Million
TABLE 81 Canada Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, USD Million
TABLE 82 Canada Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, Million Units
TABLE 83 Canada Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, Million Units
TABLE 84 Canada Electric Lighting Equipment Market by Application, 2019 - 2022, USD Million
TABLE 85 Canada Electric Lighting Equipment Market by Application, 2023 - 2030, USD Million
TABLE 86 Canada Electric Lighting Equipment Market by Application, 2019 - 2022, Million Units
TABLE 87 Canada Electric Lighting Equipment Market by Application, 2023 - 2030, Million Units
TABLE 88 Mexico Electric Lighting Equipment Market, 2019 - 2022, USD Million
TABLE 89 Mexico Electric Lighting Equipment Market, 2023 - 2030, USD Million
TABLE 90 Mexico Electric Lighting Equipment Market, 2019 - 2022, Million Units
TABLE 91 Mexico Electric Lighting Equipment Market, 2023 - 2030, Million Units
TABLE 92 Mexico Electric Lighting Equipment Market by Type, 2019 - 2022, USD Million
TABLE 93 Mexico Electric Lighting Equipment Market by Type, 2023 - 2030, USD Million
TABLE 94 Mexico Electric Lighting Equipment Market by Type, 2019 - 2022, Million Units
TABLE 95 Mexico Electric Lighting Equipment Market by Type, 2023 - 2030, Million Units
TABLE 96 Mexico Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, USD Million
TABLE 97 Mexico Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, USD Million
TABLE 98 Mexico Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, Million Units
TABLE 99 Mexico Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, Million Units
TABLE 100 Mexico Electric Lighting Equipment Market by Application, 2019 - 2022, USD Million
TABLE 101 Mexico Electric Lighting Equipment Market by Application, 2023 - 2030, USD Million
TABLE 102 Mexico Electric Lighting Equipment Market by Application, 2019 - 2022, Million Units
TABLE 103 Mexico Electric Lighting Equipment Market by Application, 2023 - 2030, Million Units
TABLE 104 Rest of North America Electric Lighting Equipment Market, 2019 - 2022, USD Million
TABLE 105 Rest of North America Electric Lighting Equipment Market, 2023 - 2030, USD Million
TABLE 106 Rest of North America Electric Lighting Equipment Market, 2019 - 2022, Million Units
TABLE 107 Rest of North America Electric Lighting Equipment Market, 2023 - 2030, Million Units
TABLE 108 Rest of North America Electric Lighting Equipment Market by Type, 2019 - 2022, USD Million
TABLE 109 Rest of North America Electric Lighting Equipment Market by Type, 2023 - 2030, USD Million
TABLE 110 Rest of North America Electric Lighting Equipment Market by Type, 2019 - 2022, Million Units
TABLE 111 Rest of North America Electric Lighting Equipment Market by Type, 2023 - 2030, Million Units
TABLE 112 Rest of North America Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, USD Million
TABLE 113 Rest of North America Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, USD Million
TABLE 114 Rest of North America Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, Million Units
TABLE 115 Rest of North America Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, Million Units
TABLE 116 Rest of North America Electric Lighting Equipment Market by Application, 2019 - 2022, USD Million
TABLE 117 Rest of North America Electric Lighting Equipment Market by Application, 2023 - 2030, USD Million
TABLE 118 Rest of North America Electric Lighting Equipment Market by Application, 2019 - 2022, Million Units
TABLE 119 Rest of North America Electric Lighting Equipment Market by Application, 2023 - 2030, Million Units
TABLE 120 Key Information – Hubbell Incorporated
TABLE 121 key information – Eaton Corporation PLC
TABLE 122 Key Information – Stanley Electric co. ltd.
TABLE 123 Key Information – Acuity Brands Lighting, Inc.
TABLE 124 Key Information – ams-OSRAM AG
TABLE 125 Key Information – Savant Systems, Inc.
TABLE 126 Key Information – Toshiba Corporation
TABLE 127 key information – Nichia Corporation
TABLE 128 Key Information – Everlight Electronics Co., Ltd.
TABLE 129 Key Information – Signify N.V.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Electric Lighting Equipment Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Electric Lighting Equipment Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Acquisition and Mergers: 2019, Apr – 2022, Jun) Leading Players
FIG 8 Porter’s Five Forces Analysis - Electric Lighting Equipment Market
FIG 9 North America Electric Lighting Equipment Market share by Type, 2022
FIG 10 North America Electric Lighting Equipment Market share by Type, 2030
FIG 11 North America Electric Lighting Equipment Market by Type, 2019 - 2030, USD Million
FIG 12 North America Electric Lighting Equipment Market share by Sales Channel, 2022
FIG 13 North America Electric Lighting Equipment Market share by Sales Channel, 2030
FIG 14 North America Electric Lighting Equipment Market by Sales Channel, 2019 - 2030, USD Million
FIG 15 North America Electric Lighting Equipment Market share by Application, 2022
FIG 16 North America Electric Lighting Equipment Market share by Application, 2030
FIG 17 North America Electric Lighting Equipment Market by Application, 2019 - 2030, USD Million
FIG 18 North America Electric Lighting Equipment Market share by Country, 2022
FIG 19 North America Electric Lighting Equipment Market share by Country, 2030
FIG 20 North America Electric Lighting Equipment Market by Country, 2019 - 2030, USD Million
FIG 21 SWOT Analysis: Hubbell Incorporated
FIG 22 SWOT Analysis: Eaton Corporation PLC
FIG 23 SWOT Analysis: Stanley Electric Co. Ltd
FIG 24 Recent strategies and developments: Acuity Brands, Inc.
FIG 25 SWOT Analysis: Acuity Brands Lighting, Inc.
FIG 26 SWOT Analysis: ams-OSRAM AG
FIG 27 SWOT Analysis: Toshiba Corporation
FIG 28 SWOT Analysis: Nichia Corporation
FIG 29 SWOT Analysis: Everlight Electronics Co., Ltd.
FIG 30 SWOT Analysis: Signify N.V.