Light-Emitting Diode (LED) Lighting Market in North America 2020-2024

Light-Emitting Diode (LED) Lighting Market in North America 2020-2024

  • July 2020 •
  • 120 pages •
  • Report ID: 5949074 •
  • Format: PDF
Light-Emitting Diode (LED) Lighting Market In North America 2020-2024
The analyst has been monitoring the light-emitting diode (LED) lighting market in North America and it is poised to grow by $ 5.12 bn during 2020-2024 progressing at a CAGR of 8% during the forecast period. Our reports on light-emitting diode (LED) lighting market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current North America market scenario, latest trends and drivers, and the overall market environment. The market is driven by the declining manufacturing cost of LEDs and growing number of households and urbanization. In addition, declining manufacturing cost of LEDs is anticipated to boost the growth of the market as well.
The light-emitting diode (LED) lighting market in North America analysis includes product segment and application segment

The light-emitting diode (LED) lighting market in North America is segmented as below:
By Product
• LED luminaries
• LED lamps

By Application
• Residential
• Commercial
• Industrial
• Outdoor
• Others

This study identifies the demand for LED lights in hazardous industrial areas as one of the prime reasons driving the light-emitting diode (LED) lighting market in North America growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our light-emitting diode (LED) lighting market in North America covers the following areas:
• Light-emitting diode (LED) lighting market in North America sizing
• Light-emitting diode (LED) lighting market in North America forecast
• Light-emitting diode (LED) lighting market in North America industry analysis