United States LED Lighting Market Expected to Reach USD 12.8 Billion by 2033 | IMARC Group | Increasing Focus on Energy Efficiency and Favorable Government Initiatives Driving the Market

November 20, 2024 | Electronics and Semiconductors

United States LED Lighting Market Statistics, Outlook and Regional Analysis 2025-2033

United States LED Lighting market size was valued at USD 9.0 Billion in 2024, and it is expected to reach USD 12.8 Billion by 2033, exhibiting a growth rate (CAGR) of 3.64% from 2025 to 2033.      

United States LED Lighting Market

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The market is expanding as a result of the growing utilization of LED lighting in commercial spaces, such as factories, warehouses, retail centers, and offices, in the United States. Because LED lighting comes in a variety of color temperatures and brightness levels, retailers are introducing custom lighting schemes that complement their branding and product displays. This flexibility is creating inviting and visually appealing spaces that enhance the whole shopping experience for buyers. Additionally, LED spotlights and display lighting can be placed strategically to bring attention to particular objects, such as high-end goods or promotional items. In addition to increasing product visibility, this strategy also increases user engagement and sales. Furthermore, LEDs consume less energy than traditional lighting options like incandescent or halogen bulbs. For large retail spaces such as shopping malls that require extensive lighting, this translates into substantial savings on electricity bills. The research report of the IMARC Group states that the United States commercial real estate market is anticipated to reach USD 2.3 Trillion by ​2032​.

The integration of LED lighting systems with solar power is becoming more prominent due to the combined benefits of energy efficiency, sustainability, and cost-effectiveness. LEDs use less electricity because they are naturally energy efficient as compared to other lighting solutions. They are suitable for solar power systems, which use energy captured from sunshine and stored in batteries, on account of their low power requirements. LED lights and solar panels work together to maximize the amount of solar energy that is captured. Apart from this, in remote or rural areas without access to conventional power grids, solar-powered LED lighting provides a practical and sustainable solution for outdoor illumination. According to the Solar Energy Industries Association (SEIA), the US solar market installed capacity was 9.4 GWdc in the second quarter of 2024.

United States LED Lighting Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West.   

Northeast LED Lighting Market Trends:

The need for LED lighting is propelled by the increasing focus on energy efficiency and sustainability. To promote the use of LED lighting, governing bodies in the region are offering a number of incentives and rebates. The market is further expanding as a result of their strict limits on conventional incandescent and halogen lights.

Midwest LED Lighting Market Trends:

The rising awareness among individuals about various advantages of LED lighting like cost-effectiveness, lower environmental impact, and reliability, is propelling the market growth. In line with this, integrating LED lighting with smart home systems and the Internet of Things (IoT) is gaining rapid traction in the region.

South LED Lighting Market Trends:

The rising demand for commercial lighting solutions that provide sustainability is bolstering the market growth in the region. In addition, regulatory bodies are promoting energy-efficient lighting options, which is driving market expansion. Additionally, people's growing preferences for affordable lighting solutions is supporting the market's expansion.   

West LED Lighting Market Trends:

The region is rapidly adopting eco-friendly and sustainable lighting solutions due to stricter environmental regulations and a higher emphasis on green building practices. Higher adoption of advanced technologies like the Internet of Things (IoT) and smart grid integration in LED lighting solutions is impelling the market growth. Furthermore, renovations and retrofitting of older buildings with energy-efficient LED lighting are strengthening the market growth in the region.

Top Companies Leading in the United States LED Lighting Industry

Companies are aligning their strategies to reflect the worldwide shift toward sustainability. This includes prioritizing LED products that help to reduce carbon footprints and energy usage. Apart from this, collaboration with energy conservation organizations allows businesses to improve their offerings and broaden their market reach. Furthermore, market leaders are producing more efficient, long-lasting, cost-effective, and innovative LED lighting solutions. For example, on 9 April 2024, Litepanels, a lighting firm based in the United States, announced the launch of the Astra IP, their latest range of bi-color LED lighting panels.

United States LED Lighting Market Segmentation Coverage

  • On the basis of the application, the market has been categorized into retrofit, retail and hospitality, outdoor, offices, architectural, homes, and industrial. Retrofit focuses on upgrading existing lighting systems with LED technology. Retrofitting allows for the replacement of conventional lighting with energy-efficient LED lights without significant structural changes. It is popular in residential, commercial, and industrial sectors due to its cost-effectiveness and energy-saving benefits. In retail and hospitality, LED lighting is used to create appealing atmospheres in stores, hotels, restaurants, and other hospitality venues. The energy efficiency and versatile design options of LEDs help retailers and hospitality businesses improve aesthetics and reduce operational costs. Moreover, there is a rise in the need for LED lighting solutions for outdoor environments such as streetlights, parking lots, parks, and public spaces. The benefits of LEDs in outdoor applications are increased safety through better illumination, lower energy consumption, and reduced maintenance. Furthermore, LED lighting is widely used in office buildings to create comfortable and productive work environments. It provides high-quality, bright, and uniform light while minimizing energy use. Architectural LED lighting is used to highlight and enhance the design elements of buildings and structures, both interior and exterior. Besides this, LED lighting solutions in home are preferred for their energy efficiency and lower electricity bills. The industrial application covers the use of LED lighting in facilities like warehouses, factories, and production plants for enhanced visibility and safety and lowered operational costs.

 

Report Features Details
Market Size in 2024 USD 9.0 Billion
Market Forecast in 2033 USD 12.8 Billion
Market Growth Rate (2025-2033) 3.64%
Units Billion USD
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
  • Application
  • Region
Applications Covered Retrofit, Retail and Hospitality, Outdoor, Offices, Architectural, Homes, Industrial
Regions Covered Northeast, Midwest, South, West
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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United States LED Lighting Market Expected to Reach USD 12.8 Billion by 2033 | IMARC Group | Increasing Focus on Energy Efficiency and Favorable Government Initiatives Driving the Market
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