North America LED Professional Lighting Market (2021-2027) | Value, Companies, Share, Trends, Size, COVID-19 IMPACT, Growth, Industry, Analysis, Outlook, Revenue & Forecast

North America LED professional lighting market has registered high growth on account of the factors such as the growing demand for energy-efficient products and updating of existing LED products. Moreover, technological advances, growing customer awareness of the benefits associated with LEDs, and rising environmental issues have resulted in market development. In addition, many LED applications in automotive, general lighting, mobile devices, signaling, healthcare, street lighting, academics, and research purposes have also spurred their market. In addition , increasing marketing campaigns by manufacturers have catalyzed the growth of the region's LED market across various advertising outlets such as newspapers and television. The industry is currently experiencing negative growth due to the growing cases of coronavirus disease (COVID-19) and the temporary closure of various units of production.

According to 6Wresearch, North America LED Professional Lighting Market size is projected to witness substantial growth during 2021-27. Currently, the US accounts for the highest revenue share in the overall LED professional lighting market due to the quick adoption of the latest technology and also increasing disposable income in the urban area. Additionally countries such as Canada and Mexico as expected to grow at a faster pace because of rising in the construction of smart home buildings. Further growing demand for cost-effective and easy installation of these lights is greatly influencing their countries. Furthermore, the Canadian Government has passed legislation mandating the registry of energy labeling items.

The commercial sector witnessed the maximum deployment of led lighting during 2019, followed by the residential and industrial sectors. LED lighting has been mostly used by households across North America largely due to lower cost. Developing smart homes pushed manufacturers to introduce new things, fitted lighting systems. Furthermore, developments in lighting technology and government-approved ENERGY STAR mark bulbs lead to the region's sales of LED lamps. The rise in LED lighting adoption will not only translate into energy savings but will also reduce the cost of replacement and maintenance. Growth is also supported by the increasing popularity of intelligent and linked lighting systems.

Some leading industry players in this market are Osram GmbH, Philips, General Electric, Cree, and Eaton.

North America LED professional lighting market report thoroughly covers the market by types, technology, services, applications, components, and countries including the United States, Canada, and the rest of North America. North America LED professional lighting market outlook provides an unbiased and detailed analysis of the ongoing LED professional lighting market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

North America LED Professional Lighting Market is anticipated to witness substantial growth in the forthcoming years underpinned by rising construction of households with the growing population base, especially in Canada. Additionally, rising construction projects across the region such as Los Angeles international airports, and Richards boulevard office complex are intended to increase the expansion of the commercial sector subsequently instigating the installation of LED professional lighting which is energy-efficient and cost-efficient. As a result, it is estimated to boost the growth of the North America LED professional lighting market in the coming timeframe.

Key Highlights of the Report:

• North America LED Professional Lighting Market Outlook
• Market Size of North America LED Professional Lighting Market, 2020
• Forecast of North America LED Professional Lighting Market, 2027
• Historical Data and Forecast of North America LED Professional Lighting Revenues & Volume for the Period 2017 - 2027
• North America LED Professional Lighting Market Trend Evolution
• North America LED Professional Lighting Market Drivers and Challenges
• North America LED Professional Lighting Price Trends
• North America LED Professional Lighting Porter's Five Forces
• North America LED Professional Lighting Industry Life Cycle
• Historical Data and Forecast of North America LED Professional Lighting Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of North America LED Professional Lighting Market Revenues & Volume By LED Bulbs for the Period 2017 - 2027
• Historical Data and Forecast of North America LED Professional Lighting Market Revenues & Volume By LED Fixtures for the Period 2017 - 2027
• Historical Data and Forecast of North America LED Professional Lighting Market Revenues & Volume By Bare LED Tubes for the Period 2017 - 2027
• Historical Data and Forecast of North America LED Professional Lighting Market Revenues & Volume By LED Downlights for the Period 2017 - 2027
• Historical Data and Forecast of United States LED Professional Lighting Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of United States LED Professional Lighting Market Revenues & Volume By LED Bulbs for the Period 2017 - 2027
• Historical Data and Forecast of United States LED Professional Lighting Market Revenues & Volume By LED Fixtures for the Period 2017 - 2027
• Historical Data and Forecast of United States LED Professional Lighting Market Revenues & Volume By Bare LED Tubes for the Period 2017 - 2027
• Historical Data and Forecast of United States LED Professional Lighting Market Revenues & Volume By LED Downlights for the Period 2017 - 2027
• Historical Data and Forecast of Canada LED Professional Lighting Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Canada LED Professional Lighting Market Revenues & Volume By LED Bulbs for the Period 2017 - 2027
• Historical Data and Forecast of Canada LED Professional Lighting Market Revenues & Volume By LED Fixtures for the Period 2017 - 2027
• Historical Data and Forecast of Canada LED Professional Lighting Market Revenues & Volume By Bare LED Tubes for the Period 2017 - 2027
• Historical Data and Forecast of Canada LED Professional Lighting Market Revenues & Volume By LED Downlights for the Period 2017 - 2027
• Historical Data and Forecast of North America LED Professional Lighting Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of North America LED Professional Lighting Market Revenues & Volume By Indoor for the Period 2017 - 2027
• Historical Data and Forecast of North America LED Professional Lighting Market Revenues & Volume By Outdoor for the Period 2017 - 2027
• Historical Data and Forecast of North America LED Professional Lighting Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of North America LED Professional Lighting Market Revenues & Volume By Backlighting for the Period 2017 - 2027
• Historical Data and Forecast of United States LED Professional Lighting Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of United States LED Professional Lighting Market Revenues & Volume By Indoor for the Period 2017 - 2027
• Historical Data and Forecast of United States LED Professional Lighting Market Revenues & Volume By Outdoor for the Period 2017 - 2027
• Historical Data and Forecast of United States LED Professional Lighting Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of United States LED Professional Lighting Market Revenues & Volume By Backlighting for the Period 2017 - 2027
• Historical Data and Forecast of Canada LED Professional Lighting Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Canada LED Professional Lighting Market Revenues & Volume By Indoor for the Period 2017 - 2027
• Historical Data and Forecast of Canada LED Professional Lighting Market Revenues & Volume By Outdoor for the Period 2017 - 2027
• Historical Data and Forecast of Canada LED Professional Lighting Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Canada LED Professional Lighting Market Revenues & Volume By Backlighting for the Period 2017 - 2027
• North America LED Professional Lighting Market - Key Performance Indicators
• North America LED Professional Lighting Market - Import Export Trade Statistics
• North America LED Professional Lighting Market - Opportunity Assessment By Countries
• North America LED Professional Lighting Market - Opportunity Assessment By Product Type
• North America LED Professional Lighting Market - Opportunity Assessment By Applications
• North America LED Professional Lighting Market - Top Companies Market Share
• North America LED Professional Lighting Market - Top Companies Profiles
• North America LED Professional Lighting Market - Comparison of Players in Technical and Operating Parameters
• North America LED Professional Lighting Market - Strategic Recommendations

Markets Covered

The Household Appliances Market Globally includes the following segments:

• By Product Type:
  • LED Fixtures
  • LED Bulbs
  • Bare LED Tubes
  • LED Down Lights
• By Application:
  • Indoor
  • Outdoor
  • Automotive
  • Backlighting
• By Countries:
  • United States
  • Canada

Frequently Asked Questions About the Market Study (FAQs):