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Energy Efficient Lighting Market

Energy Efficient Lighting Market - United States Industry Size & Growth Analysis 2019-2030

United States Energy Efficient Lighting is segmented by Application (Lighting Industry, Commercial Lighting, Residential Lighting, Industrial Lighting, Outdoor Lighting), Type (LED Lighting, CFL Lighting, Fluorescent Lighting, High-Intensity Discharge (HID) Lighting, Induction Lighting) and Geography(Northeast, Southwest, The South, The Midwest)

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Industry Overview

The Energy Efficient Lighting is at USD 1 Billion in 2023 and is expected to reach USD 1.4 Billion by 2030. The Energy Efficient Lighting is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade. Philips, Osram, and others are some of the key players in the market.

Energy Efficient Lighting Market Size in (USD Billion) CAGR Growth Rate 6.00%

Study Period 2019-2030
Market Size (2023): USD 1 Billion
Market Size (2030): USD 1.4 Billion
CAGR (2023 - 2030): 6.00%
Fastest Growing Region North America
Domination Region Midwest
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The Energy Efficient Lighting Market focuses on the development and sale of lighting solutions that consume less energy while providing the same or improved light output compared to traditional lighting technologies. This market includes LED lighting, CFLs, and other energy-efficient light sources used in residential, commercial, industrial, and outdoor applications. The market is driven by the growing demand for energy savings, sustainability, and environmental responsibility, as well as the increasing adoption of energy-efficient lighting standards and regulations globally. Manufacturers are working on improving the efficiency, lifespan, and color quality of energy-efficient lighting products, while also developing smart lighting systems with features like automated dimming, color adjustment, and integration with building management systems.

Key Players

Several key players in the Energy Efficient Lighting market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 6.10%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.
  • Philips
  • Osram

Energy Efficient Lighting Market Segmentation by Players

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Market Dynamics

Market Driver
  • Emerging Markets
  • Specialized Lighting Applications

Market Trends
  • High-Efficiency Lighting
  • Long Life

Opportunity
  • Emerging Markets
  • Specialized Lighting Applications

Challenges
  • High Initial Cost
  • Limited Product Availability

Key Highlights

  • The Energy Efficient Lighting is growing at a 6.00% during the forecasted period of 2019 to 2030
  • Based on type, the market is bifurcated into LED Lighting,CFL Lighting,Fluorescent Lighting,High-Intensity Discharge (HID) Lighting
  • Based on application, the market is segmented into Lighting Industry,Commercial Lighting,Residential Lighting,Industrial Lighting,Outdoor Lighting
  • Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice

Market Segmentation Overview

  • Type Segmentation: categorizes products by their specific variants, helping businesses identify demand drivers and innovate effectively.
  • Application Segmentation: Divides the market based on product usage across industries, enabling targeted marketing and growth identification.
  • Geographic Segmentation: Segments the market by location, allowing for tailored strategies based on regional preferences and economic factors.
  • Customer Segmentation: Focuses on demographics like age, gender, and income, enabling personalized marketing and improved customer targeting.
  • Distribution Channel Segmentation: categorizes by how products reach customers, optimizing supply chain and sales strategies.

Market Segmentation

Segmentation by Type
  • LED Lighting
  • CFL Lighting
  • Fluorescent Lighting
  • High-Intensity Discharge (HID) Lighting

 

Energy Efficient Lighting Market Segmentation by Type

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Segmentation by Application
 
  • Lighting Industry
  • Commercial Lighting
  • Residential Lighting
  • Industrial Lighting
  • Outdoor Lighting
 

Energy Efficient Lighting Market Segmentation by Application

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This report also splits the market by region:
Regions
  • Northeast
  • Southwest
  • The South
  • The Midwest


Primary & Secondary Approach

The Energy Efficient Lighting is analyzed by both primary and secondary research sources. There are numerous methodologies available to navigate and utilize these resources effectively:

Surveys and Questionnaires: Getting feedback from healthcare professionals, patients, or any other stakeholders on a particular topic. It is a great method to collect quantitative data on behaviors, preferences, and/or experiences.

One on Ones: Interviews with key stakeholders, including physicians, nurses, and administrators can yield rich qualitative data. The interviews can be divided into structured, semi-structured, or unstructured.

Focus Groups: Pull together small numbers of people who share a common characteristic, trait, or behavior to discuss particular topics. Focus Groups: This offers qualitative data and points of view that are often overlooked, such as attitudes, perceptions, or other statements relating to a specific platform.

Observational Studies: Understanding healthcare practices and patient interactions in the way we do it can say a lot more than what people formally report doing.

Field Studies: This method allows researchers to collect data firsthand from healthcare settings, including hospitals, clinics, and even home. It is a way to touch and feel the context that drives service delivery in healthcare.

Secondary Research in Energy Efficient Lighting
Secondary research is a kind of revising, restructuring, and rethinking what has already been collected by primary sources. Such research is beneficial as long as it comes at a low cost and gives an overarching view of the market. Some of the important methods include:
Literature Review: To go through the research papers, articles, and studies published in medical journals, industry reports, and academic publications. This is crucial for understanding the study landscape and identifying knowledge deficits.
Reports From the Industry: It aims in examining reports published by Market Research firms, Healthcare Associations, and Government bodies. This report can also be used by all stakeholders including service providers and delivery chains across the world to identify market opportunities in an undetermined depth.

Public Health Records: Data collected by governments and public health authorities in different countries of the world from organizations with global reach like CDC, WHO, or national departments. These are important because they provide us with epidemiological data and numbers.
Company Reports: Read the annual reports, financial statements, and press releases of healthcare companies. It includes company performance reports, market strategies, and competitive positioning for this domain.
Online Databases: You understand the access to databases like PubMed, MEDLINE, and even Google Scholar for scientific articles and study materials. Some of these databases are treasure troves for peer-reviewed data.
Media Sources: Analyzing news articles, press releases, and media coverage related to the healthcare industry. This helps in staying updated on recent developments and emerging trends.
A blended approach of primary and secondary research methods allows researchers to collect well-rounded, solid data that informs the best decisions and strategies.

Research Methodology

At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.
Report Infographics:
Report Features Details
Base Year 2023
Based Year Market Size (2023) USD 1 Billion
Historical Period Market Size (2019) USD 0.95 Billion
CAGR (2023 to 2030) 6.00%
Forecast Period 2025 to 2030
Forecasted Period Market Size (2030) USD 1.4 Billion
Scope of the Report LED Lighting,CFL Lighting,Fluorescent Lighting,High-Intensity Discharge (HID) Lighting, Lighting Industry,Commercial Lighting,Residential Lighting,Industrial Lighting,Outdoor Lighting
Regions Covered Northeast, Southwest, The South, The Midwest
Year on Year Growth 6.10%
Companies Covered Philips, Osram
Customization Scope 15% Free Customization (For EG)
Delivery Format PDF and Excel through Email

Energy Efficient Lighting - Table of Contents

Chapter 1: Market Preface
  • 1.1 United States Energy Efficient Lighting Market Landscape
  • 1.2 Scope of the Study
  • 1.3 Relevant Findings & Stakeholder Advantages

Chapter 2: Strategic Overview
  • 2.1 United States Energy Efficient Lighting Market Outlook
  • 2.2 Total Addressable Market versus Serviceable Market
  • 2.3 Market Rivalry Projection

Chapter 3 : United States Energy Efficient Lighting Market Business Environment & Changing Dynamics
  • 3.1 Growth Drivers
    • 3.1.1 Emerging Markets
    • 3.1.2 Specialized Lighting Applications
  • 3.2 Available Opportunities
    • 3.2.1 Emerging Markets
  • 3.3 Influencing Trends
    • 3.3.1 High-Efficiency
  • 3.4 Challenges
    • 3.4.1 High Initial Cos

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Chapter 4 : United States Energy Efficient Lighting Industry Factors Assessment
  • 4.1 Current Scenario
  • 4.2 PEST Analysis
  • 4.3 Business Environment - PORTER 5-Forces Analysis
    • 4.3.1 Supplier Leverage
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of Substitutes
    • 4.3.4 Threat from New Entrant
    • 4.3.5 Market Competition Level
  • 4.4 Roadmap of Energy Efficient Lighting Market
  • 4.5 Impact of Macro-Economic Factors
  • 4.6 Market Entry Strategies
  • 4.7 Political and Regulatory Landscape
  • 4.8 Supply Chain Analysis


Chapter 5: Energy Efficient Lighting : Competition Benchmarking & Performance Evaluation
  • 5.1 United States Energy Efficient Lighting Market Concentration Ratio
    • 5.1.1 CR4, CR8 and HH Index
    • 5.1.2 % Market Share - Top 3
    • 5.1.3 Market Holding by Top 5
  • 5.2 Market Position of Manufacturers by Energy Efficient Lighting Revenue 2023
  • 5.3 BCG Matrix
  • 5.3 Market Entropy
  • 5.4 Ansoff Matrix
  • 5.5 FPNV Positioning Matrix
Chapter 6: United States Energy Efficient Lighting Market: Company Profiles
  • 6.1 Philips
    • 6.1.1 Philips Company Overview
    • 6.1.2 Philips Product/Service Portfolio & Specifications
    • 6.1.3 Philips Key Financial Metrics
    • 6.1.4 Philips SWOT Analysis
    • 6.1.5 Philips Development Activities
  • 6.2 Osram
  • 6.3 GE

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Chapter 7 : United States Energy Efficient Lighting by Type & Application (2019-2030)
  • 7.1 United States Energy Efficient Lighting Market Revenue Analysis (USD Million) by Type (2019-2023)
    • 7.1.1 LED Lighting
    • 7.1.2 CFL Lighting
    • 7.1.3 Fluorescent Lighting
    • 7.1.4 High-Intensity Discharge (HID) Lighting
    • 7.1.5 Induction Lighting
  • 7.2 United States Energy Efficient Lighting Market Revenue Analysis (USD Million) by Application (2019-2023)
    • 7.2.1 Lighting Industry
    • 7.2.2 Commercial Lighting
    • 7.2.3 Residential Lighting
    • 7.2.4 Industrial Lighting
    • 7.2.5 Outdoor Lighting
  • 7.3 United States Energy Efficient Lighting Market Revenue Analysis (USD Million) by Type (2023-2030)
  • 7.4 United States Energy Efficient Lighting Market Revenue Analysis (USD Million) by Application (2023-2030)

Chapter 8 : Northeast Energy Efficient Lighting Market Breakdown by Type & Application
  • 8.1 Northeast Energy Efficient Lighting Market (USD Million) [2019-2023]
  • 8.2 Northeast Energy Efficient Lighting Market by Type (USD Million) [2019-2023]
    • 8.2.1 LED Lighting
    • 8.2.2 CFL Lighting
    • 8.2.3 Fluorescent Lighting
    • 8.2.4 High-Intensity Discharge (HID) Lighting
    • 8.2.5 Induction Lighting
  • 8.3 Northeast Energy Efficient Lighting Market by Application (USD Million) [2019-2023]
    • 8.3.1 Lighting Industry
    • 8.3.2 Commercial Lighting
    • 8.3.3 Residential Lighting
    • 8.3.4 Industrial Lighting
    • 8.3.5 Outdoor Lighting
  • 8.4 Northeast Energy Efficient Lighting Market by Type (USD Million) [2024-2030]
  • 8.5 Northeast Energy Efficient Lighting Market by Application (USD Million) [2024-2030]
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Chapter 9 : Southwest Energy Efficient Lighting Market Breakdown by Type & Application
  • 9.1 Southwest Energy Efficient Lighting Market (USD Million) [2019-2023]
  • 9.2 Southwest Energy Efficient Lighting Market by Type (USD Million) [2019-2023]
    • 9.2.1 LED Lighting
    • 9.2.2 CFL Lighting
    • 9.2.3 Fluorescent Lighting
    • 9.2.4 High-Intensity Discharge (HID) Lighting
    • 9.2.5 Induction Lighting
  • 9.3 Southwest Energy Efficient Lighting Market by Application (USD Million) [2019-2023]
    • 9.3.1 Lighting Industry
    • 9.3.2 Commercial Lighting
    • 9.3.3 Residential Lighting
    • 9.3.4 Industrial Lighting
    • 9.3.5 Outdoor Lighting
  • 9.4 Southwest Energy Efficient Lighting Market by Type (USD Million) [2024-2030]
  • 9.5 Southwest Energy Efficient Lighting Market by Application (USD Million) [2024-2030]
Chapter 10 : The South Energy Efficient Lighting Market Breakdown by Type & Application
  • 10.1 The South Energy Efficient Lighting Market (USD Million) [2019-2023]
  • 10.2 The South Energy Efficient Lighting Market by Type (USD Million) [2019-2023]
    • 10.2.1 LED Lighting
    • 10.2.2 CFL Lighting
    • 10.2.3 Fluorescent Lighting
    • 10.2.4 High-Intensity Discharge (HID) Lighting
    • 10.2.5 Induction Lighting
  • 10.3 The South Energy Efficient Lighting Market by Application (USD Million) [2019-2023]
    • 10.3.1 Lighting Industry
    • 10.3.2 Commercial Lighting
    • 10.3.3 Residential Lighting
    • 10.3.4 Industrial Lighting
    • 10.3.5 Outdoor Lighting
  • 10.4 The South Energy Efficient Lighting Market by Type (USD Million) [2024-2030]
  • 10.5 The South Energy Efficient Lighting Market by Application (USD Million) [2024-2030]
Chapter 11 : The Midwest Energy Efficient Lighting Market Breakdown by Type & Application
  • 11.1 The Midwest Energy Efficient Lighting Market (USD Million) [2019-2023]
  • 11.2 The Midwest Energy Efficient Lighting Market by Type (USD Million) [2019-2023]
    • 11.2.1 LED Lighting
    • 11.2.2 CFL Lighting
    • 11.2.3 Fluorescent Lighting
    • 11.2.4 High-Intensity Discharge (HID) Lighting
    • 11.2.5 Induction Lighting
  • 11.3 The Midwest Energy Efficient Lighting Market by Application (USD Million) [2019-2023]
    • 11.3.1 Lighting Industry
    • 11.3.2 Commercial Lighting
    • 11.3.3 Residential Lighting
    • 11.3.4 Industrial Lighting
    • 11.3.5 Outdoor Lighting
  • 11.4 The Midwest Energy Efficient Lighting Market by Type (USD Million) [2024-2030]
  • 11.5 The Midwest Energy Efficient Lighting Market by Application (USD Million) [2024-2030]

Chapter 12: Research Findings & Conclusion
  • 12.1 Key Findings
  • 12.2 Conclusion

Chapter 13: Methodology and Data Source
  • 13.1 Research Methodology & Approach
    • 13.1.1 Research Program/Design
    • 13.1.2 Market Size Estimation
    • 13.1.3 Market Breakdown and Data Triangulation
  • 13.2 Data Source
    • 13.2.1 Secondary Sources
    • 13.2.2 Primary Sources

Chapter 14: Appendix & Disclaimer
  • 14.1 Acronyms & bibliography
  • 14.2 Disclaimer

Frequently Asked Questions (FAQ):

The Energy Efficient Lighting market is expected to see value worth USD 1 Billion in 2023.

The Energy Efficient Lighting Market is growing at a CAGR of 6.00% over the forecasted period 2023 - 2030.

High-Efficiency Lighting, Long Life, Low-Maintenance are seen to make big Impact on Energy Efficient Lighting Market Growth.

  • Emerging Markets
  • Specialized Lighting Applications
  • Customization

Some of the major roadblocks that industry players have identified are High Initial Cost, Limited Product Availability, Technical Complexity.

The market opportunity is clear from the flow of investment into United States Energy Efficient Lighting Market, some of them are Emerging Markets, Specialized Lighting Applications, Customization.

Philips, Osram, GE etc are the main players listed in the United States Energy Efficient Lighting Market Study.

Research paper of United States Energy Efficient Lighting Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Lighting Industry,Commercial Lighting,Residential Lighting,Industrial Lighting,Outdoor Lighting.

The United States Energy Efficient Lighting Market Study is segmented by LED Lighting,CFL Lighting,Fluorescent Lighting,High-Intensity Discharge (HID) Lighting,Induction Lighting.

The United States Energy Efficient Lighting Market Study includes regional breakdown as Northeast, Southwest, The South, The Midwest

Historical Year: 2019 - 2023; Base year: 2023; Forecast period: 2025 to 2030

The Energy Efficient Lighting Market focuses on the development and sale of lighting solutions that consume less energy while providing the same or improved light output compared to traditional lighting technologies. This market includes LED lighting, CFLs, and other energy-efficient light sources used in residential, commercial, industrial, and outdoor applications. The market is driven by the growing demand for energy savings, sustainability, and environmental responsibility, as well as the increasing adoption of energy-efficient lighting standards and regulations globally. Manufacturers are working on improving the efficiency, lifespan, and color quality of energy-efficient lighting products, while also developing smart lighting systems with features like automated dimming, color adjustment, and integration with building management systems.
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