A lighting product refers to any device or system designed to produce light for various applications, including residential, commercial, industrial, and outdoor environments. These products range from traditional incandescent bulbs to modern energy-efficient solutions such as LEDs (Light Emitting Diodes) and CFLs (Compact Fluorescent Lamps). Lighting products can be standalone units like lamps and light fixtures or integrated systems that combines with smart technologies for enhanced control and automation. They serve multiple functions, including illumination, ambiance creation, and task-specific lighting, playing a crucial role in safety, aesthetics, and energy efficiency.
Access Full Report @ https://www.databridgemarketresearch.com/ko/reports/us-lighting-market
Data Bridge Market Research analyzes that the U.S. Lighting Market is expected to reach 3.35 billion by 2031 from USD 2.62 billion in 2024, growing with a substantial CAGR of 3.7% in the forecast period of 2025 to 2031.
Key Findings of the Study
Government Regulations and Policies Promoting Energy Efficiency
Government regulations and policies promoting energy efficiency are key drivers of the U.S. lighting market's growth. The Energy Independence and Security Act (EISA) of 2007, which phased out inefficient incandescent bulbs and promoted energy-efficient alternatives like LEDs, has significantly influenced market dynamics. Additionally, federal and state-level incentives, such as rebates and tax credits, are encouraging the adoption of energy-efficient lighting solutions by reducing upfront costs for consumers and businesses. Programs like the U.S. Department of Energy's Better Buildings Initiative further support this transition by offering financial incentives for lighting upgrades. These regulations and incentives are shaping the market by fostering innovation, reducing energy consumption, and lowering greenhouse gas emissions. As energy efficiency remains a priority, the demand for energy-efficient lighting solutions is expected to continue rising, driving market expansion in the coming years.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2025 to 2031
|
|
Base Year
|
2024
|
|
Historic Years
|
2023 (Customizable to 2017-2022)
|
|
Quantitative Units
|
Revenue in USD Billion
|
|
Segments Covered
|
Lighting Type (Light Bulbs, Ceiling Light, Lamps, and Fixtures), Location (Indoor and Outdoor), Connectivity (Wired, and Wireless), Installation Type (New Installation and Retrofit), Distribution Channel (Offline and Online), End-User (Commercial and Residential)
|
|
Country Covered
|
U.S.
|
|
Market Players Covered
|
Signify Holding (Netherlands), ams-OSRAM AG (Austria), Inter IKEA Systems B.V.9 (Netherlands), Havells India Ltd.(India), Lutron Electronics Co., Inc (U.S.), Artemide S.p.A (Italy), Herman Miller,Inc. (U.S.), Flos S.p.A. (Italy), Wipro Lighting (India), OttLite (U.S.), Pablo Design (U.S.), and Koncept Inc. (U.S.) among others
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
|
Segment Analysis
The U.S. lighting market is segmented into six notable segments based on lighting type, location, connectivity, installation type, distribution channel, and end user.
-
On the basis of lighting type, the market is segmented into light bulbs, ceiling light, lamps, and fixtures
In 2025, the light bulbs segment is expected to dominate the U.S. lighting market
In 2025, the light bulbs segment is expected to dominate the market with a market share of 37.41% due to its widespread use in both residential and commercial applications. Light bulbs, particularly LEDs, are highly adaptable, energy-efficient, and cost-effective, making them a preferred choice for consumers.
- On the basis of by location, the market is segmented into indoor and outdoor
In 2025, the indoor lighting segment is expected to dominate the U.S. lighting market
In 2025, the indoor lighting segment is expected to dominate the market with a market share of 57.44% due to the continuous demand for energy-efficient lighting solutions in residential, commercial, and industrial applications.
- On the basis of by connectivity, the market is segmented into wired and wireless. In 2025, the wired segment is expected to dominate the market with a market share of 62.58%
- On the basis of installation type, the market is segmented into new installation and retrofit. In 2025, the new installation segment is expected to dominate market with a market share of 53.69%
- On the basis of distribution channel, the market is segmented into offline and online. In 2025, the offline segment is expected to dominate the market with a market share of 66.70%
- On the basis of end user, the market is segmented into commercial and residential. In 2025, the commercial segment is expected to dominate the market with a market share of 60.44%
Major Players
Data Bridge Market Research analyzes Signify Holding (Netherlands), ams-OSRAM AG (Austria), Inter IKEA Systems B.V. (Netherlands), Lutron Electronics Co., Inc (U.S.), and Herman Miller, Inc. (U.S.) as the major players operating in the market.
Market Developments
- In May 2024, Lutron Electronics Co., Inc., introduced new products in luxury downlighting, named the Ketra D2 and Rania D2 architectural downlights. This has enhanced the company’s product portfolio for lightings
- In August 2023, Lutron Electronics Co., Inc. announced the release of their new Luxury Experience App, available on the App Store. This innovative iPad app is set to transform how users engage with the Lutron portfolio, delivering an exceptional digital experience of luxury residential solutions
- In September 2023, Lutron Electronics Co., Inc. unveiled the Lutron hospitality solution, which includes the advanced myRoom XC guestroom system. This cloud-connected solution enables seamless management of all property areas—guestrooms, public spaces, event venues, and private residences—through a unified dashboard
- In November 2022, Wipro Lighting partnered with Aura Air, focusing on providing enterprises with solutions for clean indoor air. This collaboration integrates advanced air purification technologies with Wipro’s lighting solutions to improve indoor air quality in workspaces. The goal is to create healthier environments by offering both efficient lighting and cleaner air
- In April 2023, The T.O Pendant by Pablo Designs was shortlisted for Lighting of the Year. Celebrating the importance of light, it features an elegant wand suspended by woven nylon belts with 360-degree rotation for versatile lighting. It easily transitions from direct task light to ambient illumination and supports various configurations, including linear, multi-axis, and multi-level setups, suitable for both residential and workplace environments
As per Data Bridge Market Research analysis:
For more detailed information about the U.S. Lighting market report, click here – https://www.databridgemarketresearch.com/ko/reports/us-lighting-market
