According to the latest report by IMARC Group, titled "North America LED Lighting Market Report by Product Type (LED Lamps and Modules, LED Fixtures), Application (Retrofit, Retail and Hospitality, Outdoor, Offices, Architectural, Residential, and Others), and Country 2025-2033," the North America LED lighting market reached a value of USD 22.2 Billion in 2024. A light-emitting diode (LED) refers to an electroluminescence device that emits light by combining current-carrying particles, such as electrons and holes, within the semiconductor material. They are commercially available in different colors, which can be attributed to the variation in the concentration of phosphors. As compared to conventional lighting technologies, LED lighting is more long-lasting, efficient, inherently controllable, and environment friendly. As a result, it is widely adopted in remote-control circuits, decorative lights, and fluorescent light applications across the industrial, infrastructural, and residential sectors.
North America LED Lighting Market Trends:
One of the key factors driving the LED lighting market in North America is the increasing demand for smart lighting solutions to conserve energy. In line with this, rapid expansion in smart city projects, along with the rising environmental consciousness, has led to a significant increase in the usage of LEDs in public construction projects, which is acting as another major growth-inducing factor. Additionally, the rising awareness toward the benefits associated with LED lighting solutions, such as higher operational life and lower maintenance, is further facilitating the overall product sales across the region. Moreover, The Federal Government of the United States (US Federal Government) is undertaking several initiatives to promote the use of energy-efficient technologies, which, in turn, is expanding the applications of LED across various establishments. Besides this, LEDs are increasingly being used in aviation, general lighting, medical devices, camera flashes, automotive headlamps, and traffic signals, which is expected to drive the market further toward growth. Looking forward, the market is expected to reach a value of USD 44.7 Billion by 2033, growing at a CAGR of 8.1% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Product Type, Application, Country |
Countries Covered | United States, Canada, Mexico |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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