The North America Industrial and Commercial LED Lighting Market would witness market growth of 16.9% CAGR during the forecast period (2022-2028).
Those LED Lighting networks are being used by governments and public institutions to address the maintenance problems brought on by the use of incandescent bulbs. Owing to the nearby reactive gases, such bulbs as well as high-pressure sodium are quickly compounded. In addition, in comparison to conventional lighting, LED provides operational solutions for corrosion and vapour resistance, as well as high luminance and high performance. LEDs don't have any mechanical components either. As a result, they are stronger and more capable of withstanding corrosion and shock.
Their resistance to spark ignition is a further benefit. LEDs are very helpful for mining sector applications with these characteristics because they are frequently exposed to intense vibrations, chemicals, debris, and explosive solutions. Another notable feature of LEDs is their ability to prevent light pollution by decreasing energy waste and directing each diode's light through lensing to focus it precisely where it is needed.
North America is home to significant elements that are crucial for commercial zone lighting. Increased lumen coverage, higher durability, and the appropriate power supply are necessary. LED can meet those important criteria. As a result, it is favored over other current technologies. It is relatively less expensive to operate and operate and offers greater fuel savings, a bigger area of light coverage, and more than 100,000 lumens.
The US market dominated the North America Industrial and Commercial LED Lighting Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $19,353.4 million by 2028.The Canada market is poised to grow at a CAGR of 19.6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 18.5% during (2022 - 2028).
Based on Product Type, the market is segmented into LED Lamps and LED Fixtures. Based on Application, the market is segmented into Indoor Lighting and Outdoor Lighting. Based on End User, the market is segmented into Commercial and Industrial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Industrial and Commercial LED Lighting Market is Estimated to reach $91.5 Billion by 2028, at a CAGR of 17.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dialight PLC, Eaton Corporation, General Electric (GE) Co., Signify N.V., AMS AG (OSRAM Licth AG), Syska LED Lights Private Limited, Toshiba Corporation, Zumtobel Group AG, Deco Lighting, Inc., and Wolfspeed, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
By Application
- Indoor Lighting
- Outdoor Lighting
By End User
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Dialight PLC
- Eaton Corporation
- General Electric (GE) Co.
- Signify N.V.
- AMS AG (OSRAM Licth AG)
- Syska LED Lights Private Limited
- Toshiba Corporation
- Zumtobel Group AG
- Deco Lighting, Inc.
- Wolfspeed, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Industrial and Commercial LED Lighting Market, by Product Type
1.4.2 North America Industrial and Commercial LED Lighting Market, by Application
1.4.3 North America Industrial and Commercial LED Lighting Market, by End User
1.4.4 North America Industrial and Commercial LED Lighting Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Apr – 2022, Aug) Leading Players
Chapter 4. North America Industrial and Commercial LED Lighting Market by Product Type
4.1 North America LED Lamps Market by Country
4.2 North America LED Fixtures Market by Country
Chapter 5. North America Industrial and Commercial LED Lighting Market by Application
5.1 North America Indoor Lighting Market by Country
5.2 North America Outdoor Lighting Market by Country
Chapter 6. North America Industrial and Commercial LED Lighting Market by End User
6.1 North America Commercial Market by Country
6.2 North America Industrial Market by Country
Chapter 7. North America Industrial and Commercial LED Lighting Market by Country
7.1 US Industrial and Commercial LED Lighting Market
7.1.1 US Industrial and Commercial LED Lighting Market by Product Type
7.1.2 US Industrial and Commercial LED Lighting Market by Application
7.1.3 US Industrial and Commercial LED Lighting Market by End User
7.2 Canada Industrial and Commercial LED Lighting Market
7.2.1 Canada Industrial and Commercial LED Lighting Market by Product Type
7.2.2 Canada Industrial and Commercial LED Lighting Market by Application
7.2.3 Canada Industrial and Commercial LED Lighting Market by End User
7.3 Mexico Industrial and Commercial LED Lighting Market
7.3.1 Mexico Industrial and Commercial LED Lighting Market by Product Type
7.3.2 Mexico Industrial and Commercial LED Lighting Market by Application
7.3.3 Mexico Industrial and Commercial LED Lighting Market by End User
7.4 Rest of North America Industrial and Commercial LED Lighting Market
7.4.1 Rest of North America Industrial and Commercial LED Lighting Market by Product Type
7.4.2 Rest of North America Industrial and Commercial LED Lighting Market by Application
7.4.3 Rest of North America Industrial and Commercial LED Lighting Market by End User
Chapter 8. Company Profiles
8.1 General Electric (GE) Co.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Eaton Corporation PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.3 Signify N.V.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Acquisition and Mergers:
8.4 AMS AG (OSRAM Licth AG)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.5 Syska LED Lights Private Limited
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Product Launches and Product Expansions:
8.6 Dialight PLC
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 Toshiba Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research and Development Expense
8.7.5 SWOT Analysis
8.8 Zumtobel Group AG
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Geographical Expansions:
8.9 Deco Lighting, Inc.
8.9.1 Company Overview
8.10. Wolfspeed, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Acquisition and Mergers:
TABLE 1 North America Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 2 North America Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Industrial and Commercial LED Lighting Market
TABLE 4 Product Launches And Product Expansions – Industrial and Commercial LED Lighting Market
TABLE 5 Acquisition and Mergers – Industrial and Commercial LED Lighting Market
TABLE 6 Geographical Expansions – Industrial and Commercial LED Lighting Market
TABLE 7 North America Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 8 North America Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 9 North America LED Lamps Market by Country, 2018 - 2021, USD Million
TABLE 10 North America LED Lamps Market by Country, 2022 - 2028, USD Million
TABLE 11 North America LED Fixtures Market by Country, 2018 - 2021, USD Million
TABLE 12 North America LED Fixtures Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 14 North America Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 15 North America Indoor Lighting Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Indoor Lighting Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Outdoor Lighting Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Outdoor Lighting Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 20 North America Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 21 North America Commercial Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Commercial Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Industrial and Commercial LED Lighting Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Industrial and Commercial LED Lighting Market by Country, 2022 - 2028, USD Million
TABLE 27 US Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 28 US Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 29 US Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 30 US Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 31 US Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 32 US Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 33 US Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 34 US Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 35 Canada Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 36 Canada Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 37 Canada Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 38 Canada Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 39 Canada Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 40 Canada Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 41 Canada Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 42 Canada Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 43 Mexico Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 44 Mexico Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 45 Mexico Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 46 Mexico Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 47 Mexico Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 48 Mexico Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 49 Mexico Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 50 Mexico Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 51 Rest of North America Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 52 Rest of North America Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 53 Rest of North America Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 54 Rest of North America Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 55 Rest of North America Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 56 Rest of North America Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 57 Rest of North America Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 58 Rest of North America Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 59 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 60 key information – Eaton Corporation PLC
TABLE 61 Key Information – Signify N.V.
TABLE 62 Key Information – AMS AG
TABLE 63 Key Information – Syska LED Lights Private Limited
TABLE 64 key information – Dialight PLC
TABLE 65 Key Information – Toshiba Corporation
TABLE 66 key information – Zumtobel Group AG
TABLE 67 Key Information – Deco Lighting, Inc.
TABLE 68 Key Information – Wolfspeed, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Product Launches and Product Expansions: 2019, Apr – 2022, Aug) Leading Players
FIG 6 Swot analysis: General electric (GE) Co.
FIG 7 Recent strategies and developments: Signify N.V.
FIG 8 SWOT Analysis: Toshiba Corporation