The Lighting Fixtures Market in the United States by CSIL Milano - Energy Watch News


The Lighting Fixtures Market in the United States by CSIL Milano

The value of USA domestic market in 2016 is estimated to be $20.3 billion, with a 3% increase compared to 2015. US production of lighting fixtures in 2016 amounted to $12.9 billion. In 2015, it overcame the pre-crisis level and in 2016 continued its positive trend (+11.6% on the previous year). More specifically, the production of residential lighting remained stable, ending the negative trend that characterized the previous years; while the production of professional luminaires kept on growing at high rates. On the other hand, international trade faced a setback as both imports and exports contracted by respectively 9% and 8%. The LED-based segment reached 51.4% of the total market in 2016; it has been growing especially for the outdoor lighting applications, where today it accounts for around 70% (10 percentage points more than the year before). Overall, in 2016, the growth rate of LED fixtures consumption was 26%. https://www.lighting.csilmilano.com/report/the-lighting-fixtures-market-the-united-states-0058484.html

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