North America Outdoor Light Emitting Diode (LED) Lighting Market – Industry Trends and Forecast to 2028

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North America Outdoor Light Emitting Diode (LED) Lighting Market – Industry Trends and Forecast to 2028

  • Semiconductors and Electronics
  • Upcoming Report
  • Oct 2021
  • North America
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

North America Outdoor Light Emitting Diode (LED) Lighting Market, By Offering (Hardware, Software and Services), Installation Type (Retrofit and New installation), Wattage (Less than 50 Watt, 50-150 Watt, and more than 150 Watt), Application (Highway and Roadway, Architectural and Public Places, and Others), Country (U.S., Canada, and Mexico) Industry Trends and Forecast to 2028

North America Outdoor Light Emitting Diode (LED) Lighting MarketMarket Analysis and Insights of Outdoor Light Emitting Diode (LED) Lighting Market

Growing focus on the technological advancements by the major manufacturers, rising demand for light emitting diodes especially in the developing economies, and increasing awareness about the benefits of light emitting diodes such as superior performance and low consumption of energy are the major factors attributable to the growth of the outdoor light emitting diode (LED) lighting market. Data Bridge Market Research analyses that the outdoor light emitting diode (LED) lighting market will exhibit a CAGR of 9.05% for the forecast period of 2021-2028.

Outdoor lighting refers to the lighting that is used to illuminate the outdoor space or area. LEDs are extensively being used for outdoor lighting purposes owing to their high energy efficiency and long life span properties. The outdoor light emitting diode (LED) lighting has a lower impact on the environment as compared to traditional lights.

Rising globalization and growth in the introduction of innovative LED lighting products will emerge as the major market growth driving factor. Growing rate of industrialization especially in the developing economies, surging awareness about conserving energy among the consumers and growth and expansion of semiconductors industry will further aggravate the market value. Growing demand for smart controls in street lighting systems and increasing expenditure on the development of outdoor infrastructure especially in the emerging economies will further carve the way for the growth of the market.

However, dearth of knowledge and technological expertise and lack of awareness in the backward economies will act as a growth restraint for the market. High costs associated with the initial investment will further dampen the growth rate of the market. Dearth or lack of standardization and fluctuations in the prices of raw materials will further challenge the market growth rate.

This outdoor light emitting diode (LED) lighting market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on outdoor light emitting diode (LED) lighting market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Outdoor Light Emitting Diode (LED) Lighting Market Scope and Market Size

The outdoor light emitting diode (LED) lighting market is segmented on the basis of offering, installation type, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.

  • On the basis of offering, the outdoor light emitting diode (LED) lighting market is segmented into hardware, software, and services.
  • On the basis of installation type, the outdoor light emitting diode (LED) lighting market is segmented into new installation and retrofit installation.
  • On the basis of application, the outdoor light emitting diode (LED) lighting market is segmented into highway and roadways, architectural and public places.

North America Outdoor Light Emitting Diode (LED) Lighting Market Country Level Analysis

The outdoor light emitting diode (LED) lighting market is analysed and market size, volume information is provided by country, offering, installation type, and application as referenced above.

The countries covered in the outdoor light emitting diode (LED) lighting market report are U.S., Canada, and Mexico.

U.S, in North America dominates the outdoor light emitting diode (LED) lighting market and will continue to flourish its trend of dominance during the forecast period. This is because of the increasing expenditure on the development of outdoor infrastructure, declining manufacturing cost of LEDs and the increasing demand for energy-efficient and sustainable lighting.

The country section of the outdoor light emitting diode (LED) lighting market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Outdoor Light Emitting Diode (LED) Lighting Market Share Analysis

The outdoor light emitting diode (LED) lighting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to outdoor light emitting diode (LED) lighting market.

The major players covered in the outdoor light emitting diode (LED) lighting market report are OSRAM SYLVANIA Inc., Cree, Inc., Hubbell., Dialight., Eaton., Signify Holding., GENERAL ELECTRIC COMPANY, Zumtobel Group, Astute Lighting, Bamford Lighting, Evluma Interled, NEPTUN LIGHT, INC and SYSKA among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

U.S, in North America dominates the outdoor light emitting diode (LED) lighting market and will continue to flourish its trend of dominance during the forecast period.
The growth rate of the North America outdoor light emitting diode (LED) lighting market is 9.05%.
Offering, installation type, and application are the factors on which the North America outdoor light emitting diode (LED) lighting market research is based.
Rising globalization and growth in the introduction of innovative LED lighting products are the growth drivers of the North America outdoor light emitting diode (LED) lighting market .
Major companies in the North America outdoor light emitting diode (LED) lighting market are OSRAM SYLVANIA Inc., Cree, Inc., Hubbell., Dialight., Eaton., Signify Holding., GENERAL ELECTRIC COMPANY, Zumtobel Group, Astute Lighting, Bamford Lighting, Evluma Interled, NEPTUN LIGHT, INC and SYSKA among other domestic and global players.