North America Smart Led Lighting Market Size & Outlook
The smart led lighting market in North America is expected to reach a projected revenue of US$ 13,952.5 million by 2025. A compound annual growth rate of 28.4% is expected of North America smart led lighting market from 2019 to 2025.
- Consumer Goods
- Consumer Electronics & Appliances
- Smart LED Lighting Market Outlook
- Consumer Electronics & Appliances
Revenue, 2018 (US$M)
$2,423.0
Forecast, 2025 (US$M)
$13,952.5
CAGR, 2019 - 2025
28.4%
Report Coverage
North America
North America Smart Led Lighting Market, 2015-2025 (US$M)
Global Market
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North America smart led lighting market highlights
- The North America smart led lighting market generated a revenue of USD 2,423.0 million in 2018.
- The market is expected to grow at a CAGR of 28.4% from 2019 to 2025.
- In terms of segment, wired was the largest revenue generating product in 2018.
- Wireless is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2019 to 2025.
North America data book summary
| Market revenue in 2018 | USD 2,423.0 million |
| Market revenue in 2025 | USD 13,952.5 million |
| Growth rate | 28.4% (CAGR from 2018 to 2025) |
| Largest segment | Wired |
| Fastest growing segment | Wireless |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wired, Wireless |
Other key industry trends
- In terms of revenue, North America region accounted for 33.1% of the global smart led lighting market in 2018.
- Globally, North America is projected to lead the regional market in terms of revenue in 2025.
- North America is the fastest growing regional market and is projected to reach USD 13,952.5 million by 2025.
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Publish Date: Jul 02, 2024
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Smart LED Lighting Market Scope
Smart LED Lighting Market segmentation & scope
Smart LED Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ABB Ltd | View profile | 108,700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | www.abb.com |
| Acuity Brands Inc | View profile | 12,200 | 1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, United States, 30309 | www.acuitybrands.com |
| Syska | View profile | 501-1000 | New York, New York, United States, North America | www.syska.com |
| Ams-OSRAM AG | View profile | 22,461 | Tobelbader Strasse 30, Premstaetten, Austria, 8141 | www.ams-osram.com |
| Cree Lighting | View profile | 1001-5000 | Racine, Wisconsin, United States, North America | www.creelighting.com/company |
| Wipro | View profile | 10001+ | Bengaluru, Karnataka, India, Asia | www.wipro.com |
| BridgeLux | View profile | 51-100 | Sunnyvale, California, United States, North America | www.bridgelux.com |
| Koninklijke Philips N.V. | View profile | - | - | - |
| Eaton | View profile | 5001-10000 | Jundiaí, Sao Paulo, Brazil, South America | www.eaton.com/br/pt-br.html |
North America Smart LED Lighting Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Smart LED Lighting Market Outlook will help companies and investors design strategic landscapes.
Wired was the largest segment with a revenue share of 80.45% in 2018.
Horizon Databook has segmented the North America smart led lighting market based on wired, wireless covering the revenue growth of each sub-segment from 2015 to 2025.
- North America Smart Led Lighting Market Product Outlook (Revenue, USD Million , 2015-2025)
- Wired
- Wireless
- North America Smart Led Lighting Market Technology Outlook (Revenue, USD Million , 2015-2025)
- Hybrid
- Dali
- Wifi
- Bluetooth
- Zigbee
- North America Smart Led Lighting Market Distribution channel Outlook (Revenue, USD Million , 2015-2025)
- Online
- Offline
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Smart LED Lighting Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Smart LED Lighting Market Outlook from 2015 to 2025, including revenue numbers, major trends, and company profiles.
North America Smart Led Lighting Market, 2015-2025 (US$M)
North America smart led lighting market statistics, by product, 2015-2025 (US$M)
