LED Lighting Market in North America 2022-2028

About LED lighting
LED is a semiconductor diode electronic device that emits light when current passes through it.

The analysts forecast the LED lighting market in North America to grow at a CAGR of 11.78% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the LED lighting market in North America for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of LED lighting.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, LED Lighting Market in North America 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Acuity Brands
• Cree
• Eaton
• GENERAL ELECTRIC
• Koninklijke Philips
• OSRAM



Market driver
• Declining manufacturing cost of LEDs
• For a full, detailed list, view our report

Market challenge
• High average cost per LED fixture
• For a full, detailed list, view our report

Market trend
• New guidelines and government policies for smart lighting
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?


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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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