US LED Lighting Market Outlook to 2021: Ken Research

The report titled “US LED Lighting Market Outlook to 2021-Demand for Energy Efficient Lighting and GovernmentInitiatives to Lighten the Future” provides a comprehensiveanalysis of LED Lighting market in US. The report focuses onvarious aspects such as market size of US LED lighting industryby revenue generated and production volume and marketsegmentation by lamps, bulbs, luminiaries, by utility and bydistribution channels.

The report covers a detailed overview on trade scenario forLight emitting diodes of US with other countries. The reportalso describes about major trends and developments, issuesand challenges and government role and initiatives that haveinfluenced the market to a large extent. This publication helpsthe readers to understand the cost analysis for LED Lighting inUS as well as recent technologies related to US LED Lighting.Competition prevailing in the sector along with detailedcompany profiles has been thoroughly covered in the report.The report concludes with market projection for future andanalyst recommendation highlighting the major opportunitiesand cautions.

LED Lighting Market in USThe LED lighting market of the US has witnessed a rapid growth over the recent past. Technological advancements in the

market have been the major reason responsible for growingproduct lines of LED lights in the country. The growingconcern among the population about the amount of heatemitted by traditional fluorescent lights has made peopleshift to more energy saving resources, thereby expanding theoverall size of LED lighting market in the country from USD ~million in 2011 to USD ~ million during 2016.

Market SegmentationBy Type of LED: Lower initial cost and ease of installation ofLED lamps have made lamps to dominate the market,contributing ~% of the revenue to the total revenues of USLED market in 2016. LED luminaires have been successful indriving the overall LED lighting market of the US by increasingtheir revenue share from ~% in 2014 to ~% in 2016.

The traditional use of incandescent bulbs has been replaced bythe use of LED reflectors, contributing revenue share of ~% tothe overall market from the sale of LED lamps. LED tubes andother LEDs typically including simple bulbs contributed ~% and~% share to the revenues of LED lamps in the US. LED luminaireswhich include downlights, troffers, roadway fixtures, outdoorarea lights and other luminaires generated revenues worth USD~ million, USD ~ million, USD ~ million, USD ~ million and USD ~million revenues respectively in the LED lighting market of theUS during 2016.By Application of LED Lights: The increased demand fordirectional LEDs by shopping malls to showcase their productsand their use in flood lights, made this segment dominate theLED market with revenue share of ~% in the overall sales of LEDlights during 2016.

Following directional LEDs, A-Type LEDs generated revenue ofUSD ~ million in 2016. LED linear fixtures and building exteriorscontributed ~% and ~% of the revenues respectively in 2016. Thedimming requirements and high color quality provided bydecorative LEDs has enabled the segment to garner revenuesworth USD ~ million during 2016. Further, LED for parkinggarage, Roadway LED, Small Directional LED, Parking lot LED andHigh/Low Bay LED contributed ~%, ~%, ~%, ~% and ~%respectively to the total revenues of LED lights in 2016.By Usage (Indoor LEDs and Outdoor LEDs): Outdoor LEDs havecontributed ~% to the revenues of LED lights in 2016. IndoorLEDs which are used in commercial, residential and industrialsector have contributed ~%, ~% and ~% share to the total salesof indoor LED lights in the US during 2016. Outdoor LEDs that areused in building exteriors, parking garage, roadway and parking

lots contributed ~%, ~%, ~% and ~% share in revenues during2016.

Competitive LandscapeUS LED lighting market is highly concentrated with the presenceof few leading lighting manufacturers in the country. Since thesector requires large amount of capital to be invested, this hasinhibited the emergence of several companies in the space.Frequent introduction of new LED products, rapid changes intechnology, changing customer requirements, short product lifecycles and prices of similar technology by various companies arecommon platforms on which the competition prevails in theoverall lighting market of the US. Lighting companies such asCree, Acuity brands, Copper Lighting division of EatonCorporation, general electric company, Hubbell Incorporated,Philips and Osram are the major competitors in the market.

Future Analysis and ProjectionsThe US LED lighting market is expected to grow at a robustCAGR of ~% from 2016 to 2021 owing to rising number ofmarket players, increasing awareness about online energysaving lights among customers, and growing efforts ofgovernment to shift customers towards LED lights. The LEDlighting market will witness launch of innovative LED productsbeing introduced in the market which will lead to an increasein demand by the population, thus making the LED industrycontribute a larger share to the total economy.

Key Topics Covered in the Report:Overview and Genesis for the US LED Lighting MarketComparative Analysis for the US LED Lighting Market withGlobal MarketUS LED Lighting Market Value Chain Analysis

US LED Lighting Market Size, 2011-2016US LED Light Market SegmentationTrade Scenario for the US LED Lighting MarketCost Analysis for LED Lighting in the US MarketDecision Making Process before Purchasing LED Lighting in the US MarketTrends and Developments in the US LED Lighting MarketIssues and Challenges in US LED Lighting MarketSWOT Analysis for the US LED Lighting MarketRecent Technologies in US LED Lighting MarketManufacturing Clusters for LED and Component Manufacturers in the USGovernment Initiatives and Regulations in the US LED Lighting MarketCompetitive Scenario in US LED Lighting Market

Competitive Landscape of Major Players in US LED Lighting MarketUS LED Lighting Market Future Outlook and ProjectionsMacroeconomic Indicators Affecting US LED Lighting Market

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