The North America Lamps Market would witness market growth of 4.8% CAGR during the forecast period (2023-2030).
Every industry benefit from the use of light. With the growth in population, lighting is being used more frequently in tasks like photography, home design, and other functions. As a result, there has been a considerable increase in demand for floor and desk lamps due to the increased emphasis on interior aesthetics and the need to create aesthetically pleasing areas. In addition to providing practical lighting, these lighting fixtures also improve the general ambiance of residential and commercial environments.
Additionally, nowadays, customers are increasingly looking for lighting options that not only illuminate their interiors adequately but also provide a touch of style and elegance. Various forms, materials, and lighting options make floor and desk lamps very tempting to buyers looking for specialized lighting solutions to match different home design styles.
Customers can select solutions that best suit their needs and preferences owing to the diversity of sizes, styles, and finishes available for floor and desk lamps. Furthermore, the adaptability of lamps in terms of their swivel heads, adjustable heights, and directional lighting greatly boosts their attractiveness. Such features also make them appropriate for various functions and locations, from living rooms and bedrooms to offices and study areas.
The most recent estimate from the LED Adoption Report by the Office of Energy Efficiency & Renewable Energy of the US shows that LED adoption led to yearly energy savings in the United States of around 1.3 quadrillion Btu (quads) in 2018. Canada's construction industry is expanding steadily. Large-scale construction projects are therefore planned around the nation. Consequently, there would be a rise in the number of hotels and restaurants. Construction activity in this region is rising even more due to this. With the nation's expanding construction industry, demand for outdoor fixtures like lighting is rising. Hence, the region presents lucrative growth prospects for the market.
The US market dominated the North America Lamps Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.3 billion by 2030. The Canada market is estimated to witness a CAGR of 7.1% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 6.2% during (2023 - 2030).
Based on Product, the market is segmented into Desk Lamp, and Floor Lamp. Based on Type, the market is segmented into Decorative Lamp, and Reading Lamp. Based on Application, the market is segmented into Commercial/Hospitality, and Residential/Retail. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Lamps Market is Projected to reach USD 6.5 Billion by 2030, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Holdings Corporation, Koninklijke Philips N.V., Stanley Electric Co. Ltd., ams-OSRAM AG, General Electric Company, Toshiba Corporation, Siemens AG, Samsung Electronics Co., Ltd. (Samsung Group), OPPLE Lighting Co Ltd., and Maxlite, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product
By Type
- Decorative Lamp
- Reading Lamp
By Application
- Commercial/Hospitality
- Residential/Retail
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Panasonic Holdings Corporation
- Koninklijke Philips N.V.
- Stanley Electric Co. Ltd.
- ams-OSRAM AG
- General Electric Company
- Toshiba Corporation
- Siemens AG
- Samsung Electronics Co., Ltd. (Samsung Group)
- OPPLE Lighting Co Ltd.
- Maxlite, 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 Lamps Market, by Product
1.4.2 North America Lamps Market, by Type
1.4.3 North America Lamps Market, by Application
1.4.4 North America Lamps Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. North America Lamps Market by Product
4.1 North America Desk Lamp Market by Country
4.2 North America Floor Lamp Market by Country
Chapter 5. North America Lamps Market by Type
5.1 North America Decorative Lamp Market by Country
5.2 North America Reading Lamp Market by Country
Chapter 6. North America Lamps Market by Application
6.1 North America Commercial/Hospitality Market by Country
6.2 North America Residential/Retail Market by Country
Chapter 7. North America Lamps Market by Country
7.1 US Lamps Market
7.1.1 US Lamps Market by Product
7.1.2 US Lamps Market by Type
7.1.3 US Lamps Market by Application
7.2 Canada Lamps Market
7.2.1 Canada Lamps Market by Product
7.2.2 Canada Lamps Market by Type
7.2.3 Canada Lamps Market by Application
7.3 Mexico Lamps Market
7.3.1 Mexico Lamps Market by Product
7.3.2 Mexico Lamps Market by Type
7.3.3 Mexico Lamps Market by Application
7.4 Rest of North America Lamps Market
7.4.1 Rest of North America Lamps Market by Product
7.4.2 Rest of North America Lamps Market by Type
7.4.3 Rest of North America Lamps Market by Application
Chapter 8. Company Profiles
8.1 Panasonic Holdings Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 Koninklijke Philips N.V.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Stanley Electric Co. Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 SWOT Analysis
8.4 ams-OSRAM AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 General Electric Company
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 SWOT Analysis
8.6 Toshiba Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research and Development Expense
8.6.5 SWOT Analysis
8.7 Siemens AG
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Samsung Electronics Co., Ltd. (Samsung Group)
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 SWOT Analysis
8.9 OPPLE Lighting Co Ltd.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Maxlite, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
8.10.3 SWOT Analysis
TABLE 1 North America Lamps Market, 2019 - 2022, USD Million
TABLE 2 North America Lamps Market, 2023 - 2030, USD Million
TABLE 3 North America Lamps Market by Product, 2019 - 2022, USD Million
TABLE 4 North America Lamps Market by Product, 2023 - 2030, USD Million
TABLE 5 North America Desk Lamp Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Desk Lamp Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Floor Lamp Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Floor Lamp Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Lamps Market by Type, 2019 - 2022, USD Million
TABLE 10 North America Lamps Market by Type, 2023 - 2030, USD Million
TABLE 11 North America Decorative Lamp Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Decorative Lamp Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Reading Lamp Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Reading Lamp Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Lamps Market by Application, 2019 - 2022, USD Million
TABLE 16 North America Lamps Market by Application, 2023 - 2030, USD Million
TABLE 17 North America Commercial/Hospitality Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Commercial/Hospitality Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Residential/Retail Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Residential/Retail Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Lamps Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Lamps Market by Country, 2023 - 2030, USD Million
TABLE 23 US Lamps Market, 2019 - 2022, USD Million
TABLE 24 US Lamps Market, 2023 - 2030, USD Million
TABLE 25 US Lamps Market by Product, 2019 - 2022, USD Million
TABLE 26 US Lamps Market by Product, 2023 - 2030, USD Million
TABLE 27 US Lamps Market by Type, 2019 - 2022, USD Million
TABLE 28 US Lamps Market by Type, 2023 - 2030, USD Million
TABLE 29 US Lamps Market by Application, 2019 - 2022, USD Million
TABLE 30 US Lamps Market by Application, 2023 - 2030, USD Million
TABLE 31 Canada Lamps Market, 2019 - 2022, USD Million
TABLE 32 Canada Lamps Market, 2023 - 2030, USD Million
TABLE 33 Canada Lamps Market by Product, 2019 - 2022, USD Million
TABLE 34 Canada Lamps Market by Product, 2023 - 2030, USD Million
TABLE 35 Canada Lamps Market by Type, 2019 - 2022, USD Million
TABLE 36 Canada Lamps Market by Type, 2023 - 2030, USD Million
TABLE 37 Canada Lamps Market by Application, 2019 - 2022, USD Million
TABLE 38 Canada Lamps Market by Application, 2023 - 2030, USD Million
TABLE 39 Mexico Lamps Market, 2019 - 2022, USD Million
TABLE 40 Mexico Lamps Market, 2023 - 2030, USD Million
TABLE 41 Mexico Lamps Market by Product, 2019 - 2022, USD Million
TABLE 42 Mexico Lamps Market by Product, 2023 - 2030, USD Million
TABLE 43 Mexico Lamps Market by Type, 2019 - 2022, USD Million
TABLE 44 Mexico Lamps Market by Type, 2023 - 2030, USD Million
TABLE 45 Mexico Lamps Market by Application, 2019 - 2022, USD Million
TABLE 46 Mexico Lamps Market by Application, 2023 - 2030, USD Million
TABLE 47 Rest of North America Lamps Market, 2019 - 2022, USD Million
TABLE 48 Rest of North America Lamps Market, 2023 - 2030, USD Million
TABLE 49 Rest of North America Lamps Market by Product, 2019 - 2022, USD Million
TABLE 50 Rest of North America Lamps Market by Product, 2023 - 2030, USD Million
TABLE 51 Rest of North America Lamps Market by Type, 2019 - 2022, USD Million
TABLE 52 Rest of North America Lamps Market by Type, 2023 - 2030, USD Million
TABLE 53 Rest of North America Lamps Market by Application, 2019 - 2022, USD Million
TABLE 54 Rest of North America Lamps Market by Application, 2023 - 2030, USD Million
TABLE 55 Key Information – Panasonic Holdings Corporation
TABLE 56 Key Information – Koninklijke Philips N.V.
TABLE 57 Key Information – Stanley Electric co. ltd.
TABLE 58 Key Information – ams-OSRAM AG
TABLE 59 Key Information – General Electric Company
TABLE 60 Key Information – Toshiba Corporation
TABLE 61 Key Information – Siemens AG
TABLE 62 Key Information – Samsung Electronics Co., Ltd.
TABLE 63 Key Information – opple lighting co ltd.
TABLE 64 Key Information – Maxlite, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Lamps Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Lamps Market
FIG 4 Porter’s Five Force Analysis: Lamps market
FIG 5 North America Lamps Market share by Product, 2022
FIG 6 North America Lamps Market share by Product, 2030
FIG 7 North America Lamps Market by Product, 2019 - 2030, USD Million
FIG 8 North America Lamps Market share by Type, 2022
FIG 9 North America Lamps Market share by Type, 2030
FIG 10 North America Lamps Market by Type, 2019 - 2030, USD Million
FIG 11 North America Lamps Market share by Application, 2022
FIG 12 North America Lamps Market share by Application, 2030
FIG 13 North America Lamps Market by Application, 2019 - 2030, USD Million
FIG 14 North America Lamps Market share by Country, 2022
FIG 15 North America Lamps Market share by Country, 2030
FIG 16 North America Lamps Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Panasonic Holdings Corporation
FIG 18 SWOT Analysis: Koninklijke Philips N.V.
FIG 19 SWOT Analysis: Stanley Electric Co. Ltd
FIG 20 SWOT Analysis: ams-OSRAM AG
FIG 21 SWOT Analysis: General electric (GE) Co.
FIG 22 SWOT Analysis: Toshiba Corporation
FIG 23 SWOT Analysis: Siemens AG
FIG 24 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 25 SWOT Analysis: OPPLE Lighting Co Ltd
FIG 26 SWOT Analysis: Maxlite, Inc