openPR Logo
Press release

North America LED Lighting Market to Reach US$ 32.6 Billion by 2028

02-23-2023 11:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Goup

North America LED Lighting Market

North America LED Lighting Market

According to the latest report by IMARC Group, titled "North America LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," The North America LED lighting market size reached US$ 18.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 32.6 Billion by 2028, exhibiting a growth rate (CAGR) of 9.6% during 2023-2028.

Request Free Sample Report: https://www.imarcgroup.com/north-america-led-lighting-market/requestsample

North America LED Lighting Industry Outlook:

A light-emitting diode (LED) is a semiconductor that produces visible light when an electric current is passed through it. The color of light is determined by the energy required for an electron to cross the band gap of a semiconductor. An LED lighting system can produce numerous colors, including red, yellow, blue, green, white, purple, bicolor, tricolor, and infrared, and can be used in indoor and outdoor lighting and as a backlight source in LCD. It is also utilized in automotive, mobile devices, signal and signage, healthcare, forensics, and academics. It is gaining widespread prominence as it offers a long lifespan, durability, design flexibility, energy efficiency, economic efficiency, low-voltage operation, and zero UV emissions.

North America Led Lighting Market Demand:

The increasing consumer demand for energy-efficient lighting solutions is driving the market in North America. Moreover, the growing demand for lighting fuel and rising awareness regarding the negative impact of kerosene-based lighting products on health are catalyzing the sales of LED Lighting across the region. In response to this, several major companies are focusing on the integration of Wi-Fi, occupancy sensors, and daylighting for developing the product, providing a boost to the demand.

Furthermore, the rising investments by the government in smart city projects are acting as another growth-inducing factor. Besides, the increasing demand for LED lights from residential and commercial sectors due to benefits, including improved energy efficiency, low heat emission, cost-saving, and longer service life, are also influencing the market across North America.

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/north-america-led-lighting-market

Key Market Segmentation:

Breakup by Product Type:

• LED Lamps and Modules
• LED Fixtures

Breakup by Application:

• Retrofit
• Retail and Hospitality
• Outdoor
• Offices
• Architectural
• Residential
• Others

Breakup by Region:

• United States
• Canada
• Mexico

Competitive Landscape :

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Browse More Research Reports:

https://www.imarcgroup.com/india-metal-casting-market
https://www.imarcgroup.com/india-running-gear-market
https://www.imarcgroup.com/north-america-exercise-bike-market
https://www.imarcgroup.com/india-set-top-box-market
https://www.imarcgroup.com/indian-saccharin-market
https://www.imarcgroup.com/africa-microinsurance-market

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release North America LED Lighting Market to Reach US$ 32.6 Billion by 2028 here

News-ID: 2946755 • Views:

More Releases from IMARC Goup

Bronze Prices Q3 2025 | Price Trend, Forecast & Regional Insights
Bronze Prices Q3 2025 | Price Trend, Forecast & Regional Insights
Bronze Price Trend Analysis in Europe Regions - Breakdown October 2025 In Europe, Bronze prices averaged USD 14.51/KG in October 2025, marking a 4.4% increase from the previous month. The rise was driven by higher industrial demand and limited supply from key producers. According to the Bronze Price Forecast 2025, prices are expected to remain strong in the coming months, supported by growth in construction and manufacturing sectors across the region. Get
Global Tissue Paper Market Edition 2025: Industry Size to Reach USD 120.4 Billion by 2033, CAGR of 5.0%.
Global Tissue Paper Market Edition 2025: Industry Size to Reach USD 120.4 Billio …
According to the latest report by IMARC Group, titled "Tissue Paper Market Size, Share, Trends and Forecast by Product, Raw Material, Application, Distribution Channel, and Region, 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global tissue paper market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global tissue paper market size was valued at USD 77.4 Billion in
Global Tissue Paper Market Size projected to Reach USD 120.4 Billion by 2033 | CAGR of 5.0%.
Global Tissue Paper Market Size projected to Reach USD 120.4 Billion by 2033 | C …
According to the latest report by IMARC Group, titled "Tissue Paper Market Size, Share, Trends and Forecast by Product, Raw Material, Application, Distribution Channel, and Region, 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global tissue paper market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global tissue paper market size was valued at USD 77.4 Billion in
Global Tomato Processing Market Edition 2025: Industry Size to Reach 64.6 Million Tons by 2033, CAGR of 3.21%.
Global Tomato Processing Market Edition 2025: Industry Size to Reach 64.6 Millio …
According to the latest report by IMARC Group, titled "Tomato Processing Market Report by Product Type (Sauces, Paste, Canned Tomatoes, Ketchup, Juice, and Others), Distribution Channel (Business to Business, Retail Market), and Region 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global tomato processing market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global tomato processing market size

All 5 Releases


More Releases for LED

HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets. Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside. There are many reasons that
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=68754 Table of Contents: Table of Contents Global LED Driver (LED Lighting Driver) Market Research Report
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver