Market Research Report
The Lighting Fixtures Market in the United States
|Published by||CSIL Centre for Industrial Studies||Product code||244547|
|Published||Content info||201 Pages
Delivery time: 1-2 business days
The 11th edition of ‘The Lighting Fixtures market in the United States’ offers a comprehensive picture of the lighting fixtures industry in the US, providing data and trends 2011-2016 and forecast up to 2020. From one hand, the report analyzes the main trends affecting the market over the last five years, considering the production, the consumption, the imports and the exports of lighting fixtures in the country. On the other hand, it offers an analysis of the supply structure and the competitive system, an overview of the distribution system and the main players operating in the market.
Lighting fixtures exports and imports are considered, broken down by country and by geographical area of destination/origin. The time frame considered is 2011-2016.
The lighting fixtures market is divided in four main segments:
Within them, the market is further broken down by types of product, by light sources, and by the place of production. A financial analysis, on a sample of selected number of companies operating in the market, includes profitability ratios and financial indicators.
The analysis of the distribution system is organized by the following channels:
A selection of architectural offices and lighting designers is also included.
Finally, the report offers an analysis of the leading local and foreign players present in the market and in each segment considered; through sales data, market shares and short profiles.
An address list of more than 130 US lighting fixtures manufacturer is included.
Among the considered products: indoor/outdoor lighting, decorative/residential lighting, commercial lighting, industrial lighting, technical lighting, traditional/transitional/contemporary lighting, floor/table/wall/ceiling lamps, suspensions, downlights/recessed, tracks/systems, projectors/spotlights, hospitality, retail, office lighting, entertainment lighting, lighting for museums, lighting for industrial plants, explosion-proof lighting, marine lighting, healthcare lighting, emergency lighting, residential outdoor lighting, lighting for urban landscape, Christmas lighting, street lighting, sporting facilities and galleries, incandescence, fluorescence, gas discharge, LED, lighting controls and IoT applications.
In 2016, the US production of lighting fixtures amounted to USD 12.9 billion. In 2015, it overcame the pre-crisis level and in 2016 continued its positive trend (+11.6% on the previous year). More specifically, the production of residential lighting remained stable, ending the negative trend that characterized the previous years; while the production of professional luminaires kept on growing at high rates. On the other hand, international trade faced a setback as both imports and exports contracted by respectively 9% and 8%.
The value of domestic market in 2016 is estimated to be USD 20.3 billion, with a 3% increase compared to 2015. Even if positive, the growth registered in 2016 is much lower than the rates characterizing the previous years. Such a slowdown can be explained partly by the contraction of international trade and partly because of a softness in market demand that began in the second half of 2016. Such a weakness in internal demand is expected to continue in 2017, for which CSIL estimates an even slower growth (+2%). The market is expected to pick up in 2018 (+3.5%) and further improve in 2019 and 2020 (+4% each). The LED-based segment reached 51.4% of the total market in 2016; it has been growing especially for the outdoor lighting applications, where today it accounts for around 70% (10 percentage points more than the year before). Overall, in 2016, the growth rate of LED fixtures consumption was 26%.