Market Overview

The U.S. LED Market 2018-2023 - Projected to Grow from $8.05 Billion in 2017 to $15.97 Billion by 2023 - ResearchAndMarkets.com

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The "US
LED Market - By Type of Use (Indoor Lighting, Outdoor Lighting),
Category Type (General Purpose, Integrated Fixtures/Luminaire, Linear),
Trends, Forecast (2018 - 2023)"
report has been added to ResearchAndMarkets.com's
offering.

The market was valued at USD 8.05 billion in 2017 and is expected to
reach a value of USD 15.97 billion by 2023 at a CAGR of 12.6% over the
forecast period (2018-2023).

The demand component, on the other hand, was valued at USD 3.1 billion
in 2014, and is projected to grow at a CAGR of 12.8% over the forecasted
period to reach USD 6.38 billion by the end of 2020.

The increasing popularity of LEDs will also lead to the adoption of
smart lighting systems (connected lighting). Given the flexibility of
LEDs in terms of color variation and brightness, it makes more sense for
connected systems to use LEDs than traditional lighting sources.

Increasing penetration of smartphones and energy saving advantages
associated with connected lighting systems will further drive the market
for LED lighting, especially in countries where the technology adoption
happens swiftly, such as the United States.

The US LED market is segmented by subcategories such as indoor and
outdoor lighting, LED display, sign and chips as well as it is segmented
as subdivision, LED bulb, spotlight, street light, panel light and flood
light as major ones.

Companies Profiled

  • Acuity Brands Inc.
  • Cree Inc.
  • GE Lighting (General Electric Co.)
  • Cooper Industries (Eaton Corporation)
  • Hubbell Incorporated
  • Feit Electric Company Inc.
  • Osram Licht AG
  • Philips Lighting (Signify Holding)
  • Samsung Electronics Co. Ltd.
  • Bridgelux Inc.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. United States LED Industry Market Dynamics

5. Market Segmentation

6. Vendor Market Share

7. Company Profiles

8. Investment Analysis

9. Future Outlook of the United States LED Market

For more information about this report visit https://www.researchandmarkets.com/research/p3wl2w/the_u_s_led?w=4

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