NEW YORK, May 2, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
http://www.reportlinker.com/p0846182/US-Lighting-Fixtures-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Lighting_Equipment_Manufacturing
US demand to increase 7.4% annually through 2016
Demand for lighting fixtures in the US is projected to increase 7.4 percent annually to $25.1 billion in 2016. This represents a recovery from the declines posted between 2006 and 2011, as both motor vehicle production and construction activity recover from low 2011 levels.
Commercialization of LED fixtures to be significant
The commercialization of light emitting diode (LED) lighting is also having a significant impact on the industry. LEDs are longer-lived and more energyefficient than incandescent lamps but currently only account for a small share of demand. LED-based lighting fixtures are expected to provide especially strong growth through 2016 due to the rapid pace of technological advances in the LED light sources which will make them more energy-efficient, brighter and more affordable. In addition, while some LEDs can be used in place of traditional incandescent bulbs, lighting fixture manufacturers are also developing fixtures which are specifically designed for LEDs and help to optimize their performance. Lighting fixture products include nonportable and portable fixtures, as well as separately sold parts and accessories such as aftermarket lamp ballasts, fittings, switches, globes and shades. Demand for lighting fixtures is dominated by nonportable fixtures, which accounted for nearly two-thirds of total lighting fixture demand in 2011. Nonportable fixtures derive their dominant position from widespread use in the full range of construction and vehicular applications. Demand for nonportable fixtures is also expected to post the strongest gains through 2016, benefiting from the rebound in construction activity and vehicle production.
Residential market to post strongest growth rate
The residential market is expected to post the strongest gains, nearly doubling between 2011 and 2016, as new residential construction activity rebounds. While demand in new housing will provide the larger share of growth, the residential repair and improvement segment will also rise from low 2011 levels, supported by both increasing housing sales and greater consumer spending. Throughout every major market segment, products that reduce the energy consumption of lighting will see the best prospects for growth. Much of this can be attributed to regulations banning the future sale of less energy-efficient lighting products, including the Energy Independence and Security Act of 2007's restrictions on the sale of incandescent lamps. These regulatory efforts will spur increased demand for lighting fixtures designed to work with fluorescent, halogen, high-intensity discharge and LED light sources.
US shipments of lighting fixtures to lag those of overseas manufacturers
Growth of US lighting fixture shipments will lag demand over the forecast period, as a significant portion of additional demand is expected to be supplied by overseas manufacturers, especially those in China. In 2011, Chinese firms accounted for over one-half of US lighting fixture imports and supplied almost one-fourth of US lighting fixture demand. Other important sources of US lighting fixture imports include Canada and Mexico.
Study coverage
This upcoming industry study, presents historical demand data for the years 2001, 2006 and 2011, plus forecasts for 2016 and 2021 by product, market and US region. The study also considers key market environment factors, assesses company market share and profiles 37 active competitors in the US industry, such as Acuity Brands, Cooper Industries, Hubbell, Koito, Mag Instrument, Royal Philips Electronics and Siemens.
TABLE OF CONTENTS INTRODUCTION xi I. EXECUTIVE SUMMARY 1 II. MARKET ENVIRONMENT 4General 4Macroeconomic Environment 5Demographic Trends 9Population 11Households 13Consumer Spending 14Construction Trends 17Residential Construction 21Housing Outlook 23Housing Stock 27Improvements & Repairs 31Nonresidential Construction 33Construction Expenditures 33Nonresidential Building Stock 36Improvements & Repairs 38Nonbuilding 40Vehicular Equipment Trends 41Motor Vehicles 43Other Vehicular Equipment 47Historical Market Trends 49Pricing Trends 52Environmental & Regulatory Issues 55General Regulations & Standards 55Energy Efficiency Issues 57Light Pollution Issues 60Light Source Characteristics 62Lamps 64LEDs 66International Trade 69Trade by Product Type 71Trade by Partner 72
III. PRODUCTS 75
General 75Supply & Demand 76Nonportable Lighting Fixtures 79Nonportable Lighting Fixture Demand by Type 80Vehicular-Type Lighting Fixtures 82Product Trends 85Light Source Trends 85Product Design Trends 88Adaptive Headlamps 89Regulatory Issues 89Demand by Vehicle Type 91Motor Vehicle Lighting Fixtures 92Other Vehicular-Type Lighting Fixtures 97Outdoor Lighting Fixtures 98Product Characteristics 100Product Trends 103Area & Floodlighting 104Roadway Lighting 107Other Outdoor Lighting 109Industrial-Type Lighting Fixtures 111Product Characteristics 113Product Trends 113Other Nonportable Indoor Lighting Fixtures 115Supply & Demand 115Demand by Lamp Technology 117Portable Lighting Fixtures 119Supply & Demand 120Demand by Type & Lamp Technology 123Lighting Fixture Parts & Accessories 126Product Characteristics 128Outdoor Poles & Accessories 129Lamp Ballasts 132Product Characteristics 135Fluorescent Ballasts 136HID Ballasts 138Other Parts & Accessories 139
IV. MARKETS 142
General 142Construction 144Market Characteristics 147Energy Efficiency Issues 148Residential 149Market Characteristics 151New 154Improvements & Repairs 155Single-Family 157Multifamily 158Manufactured Housing 160Nonresidential 161Institutional 164Industrial 166Commercial 170Office 173Other Nonresidential Buildings 176Nonbuilding 178Market Characteristics 179Demand by Application 180Vehicles & Machinery 181Market Characteristics 183Motor Vehicles 184Market Characteristics 185Regulatory Issues 186Demand by Application 187Other Vehicles & Machinery 188Market Characteristics 189Demand by Application 190Consumer & Commercial 190Flashlights & Lanterns 192Table Lamps, Floor Lamps, & Other Portable Fixtures 194All Other 195
V. REGIONS 196
General 196Regional Demographic & Economic Trends 197Population Patterns 198Economic Outlook 200Construction Activity 203Housing Trends 205Regional Demand for Lighting Fixtures 208Northeast 211New England 213Middle Atlantic 214Midwest 215East North Central 217West North Central 218South 219South Atlantic 222East South Central 224West South Central 225West 226Mountain 228Pacific 230
VI. INDUSTRY STRUCTURE 232
General 232Industry Composition 233Market Share 237Vertical & Horizontal Integration 241Product Development 244Efficiency-Related Developments 244Light Source-Related Developments 245Manufacturing 247Marketing 248Distribution 250Nonresidential 250Residential 252Vehicular 254Mergers & Acquisitions 256Cooperative Agreements 259Company Profiles 262Acuity Brands Incorporated 263Advanced Lighting Technologies Incorporated 271ALP Lighting Components Incorporated 273American Electric Lighting, see Acuity BrandsAutomotive Lighting, see FiatBrinkmann Corporation 275Chicago Miniature Lighting, see Revstone IndustriesColeman, see JardenColumbia Lighting, see HubbellCooper Crouse-Hinds, see Cooper IndustriesCooper Industries plc 277Cree Incorporated 286Energizer Holdings Incorporated 289Evolution Lighting LLC 291Federal-Mogul Corporation 292Fiat SpA 295General Electric Company 298Generation Brands Company 300Glamox ASA 302Goodrich Corporation 304Grote Industries Incorporated 306Havells India Limited 309Healthcare Lighting, see Acuity BrandsHella KGaA Hueck & Company 311Hubbell Incorporated 313Intermatic Incorporated 318Jarden Corporation 319Juno Lighting, see Schneider ElectricKichler Lighting 321Koito Group 323Lights of America Incorporated 325LSI Industries Incorporated 326Luxo, see GlamoxMag Instrument Incorporated 330Nortek Incorporated 332North American Lighting, see Koito GroupPanasonic Corporation 334Peerless Lighting, see Acuity BrandsPeterson Corporation 336Revstone Industries LLC 338Royal Philips Electronics NV 340Ruud Lighting, see CreeSchneider Electric SA 346Siemens AG 348SIMKAR Corporation 352Spectrum Brands Holdings Incorporated 354Truck-Lite Company Incorporated 356Universal Lighting Technologies, see PanasonicValmont Industries Incorporated 358Varroc Group 360Visteon Corporation 361Winona Lighting, see Acuity BrandsAdditional Companies in the Lighting Fixtures Industry 363
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY Summary Table 3 SECTION II -- MARKET ENVIRONMENT2 Population & Households 11
3 Personal Consumption Expenditures 17
4 Construction Expenditures 20
5 Residential Building Construction Expenditures 23
6 Housing Completions 27
7 Housing Stock by Type 30
8 Residential Improvement & Repair Expenditures 32
9 Nonresidential Building Construction Expenditures 36
10 Nonresidential Building Stock 38
11 Nonresidential Building Improvement & Repair Expenditures 39
12 Nonbuilding Construction Expenditures 41
13 Vehicular Equipment Shipments 43
14 Motor Vehicle Indicators 47
15 Lighting Fixture Market, 2001-2011 51
16 Lighting Fixture Pricing 54
17 LED Lighting Fixture Demand by Product Type 69
18 Lighting Fixture Foreign Trade 71
SECTION III -- PRODUCTS2 Nonportable Lighting Fixture Supply & Demand 80
3 Nonportable Lighting Fixture Demand by Type 82
4 Vehicular-Type Lighting Fixture Supply & Demand 85
5 Vehicular-Type Lighting Fixture Demand by Vehicle Type 92
6 Motor Vehicle Lighting Fixture Demand by Type
& Light Source 96
7 Other Vehicular-Type Lighting Fixture Demand by Type 98
8 Outdoor Lighting Fixture Supply & Demand 100
9 Outdoor Lighting Fixture Demand by Type & Light Source 103
10 Area & Floodlighting Fixture Demand 107
11 Roadway Lighting Fixture Demand 109
12 Other Outdoor Lighting Fixture Demand 111
13 Industrial-Type Lighting Fixture Supply & Demand 112
14 Industrial-Type Lighting Fixture Demand by Light Source 115
15 Other Nonportable Indoor Lighting Fixture Supply
& Demand 117
16 Other Nonportable Indoor Lighting Fixture Demand by
Light Source 119
17 Portable Lighting Fixture Supply & Demand 123
18 Portable Lighting Fixture Demand by Type & Light Source 126
19 Lighting Fixture Parts & Accessories Supply & Demand 128
20 Lighting Fixture Parts & Accessories Demand by Type 129
21 Outdoor Poles & Accessories Supply & Demand 132
22 Lamp Ballast Supply & Demand 134
23 Lamp Ballast Demand by Lamp Technology 135
24 Other Lighting Fixture Parts & Accessories Supply
& Demand 141
SECTION IV -- MARKETS2 Construction Lighting Fixture Demand by Market
& Application 146
3 Residential Lighting Fixture Demand by Application 151
4 New Residential Lighting Fixture Demand by Housing Type 155
5 Residential Repair & Improvement Lighting Fixture Demand
by Housing Type 157
6 Single-Family Housing Demand for Lighting Fixtures 158
7 Multifamily Housing Demand for Lighting Fixtures 159
8 Manufactured Housing Demand for Lighting Fixtures 161
9 Nonresidential Lighting Fixture Demand by Building Type
& Application 163
10 Institutional Building Lighting Fixture Demand
by Application 166
11 Industrial Building Lighting Fixture Demand
by Application 170
12 Commercial Building Lighting Fixture Demand
by Application 173
13 Office Building Lighting Fixture Demand by Application 176
14 Other Nonresidential Building Lighting Fixture Demand
by Application 178
15 Nonbuilding Construction Lighting Fixture Demand
by Application 179
16 Vehicle & Machinery Lighting Fixture Demand by
Market & Application 182
17 Motor Vehicle Lighting Fixture Demand by Application 185
18 Other Vehicle & Machinery Lighting Fixture Demand
by Application 189
19 Consumer & Commercial Lighting Fixture Demand
by Product 192
SECTION V -- REGIONS2 Gross Domestic Product by Region 203
3 Construction Expenditures by Region 205
4 Regional Housing Indicators 208
5 Lighting Fixture Demand by Region 210
6 Northeast Lighting Fixture Demand by Subregion & Market 213
7 Midwest Lighting Fixture Demand by Subregion & Market 217
8 South Lighting Fixture Demand by Subregion & Market 222
9 West Lighting Fixture Demand by Subregion & Market 228
SECTION VI -- INDUSTRY STRUCTURE2 Selected Acquisitions & Divestitures 257
3 Selected Cooperative Agreements 260
LIST OF CHARTS SECTION II -- MARKET ENVIRONMENT1 Year of Construction of Housing Stock, 2011 302 Lighting Fixture Market, 2002-2011 523 Lighting Fixture Pricing, 2001-2011 544 Lighting Fixture Trade by Product Type, 2011 725 Lighting Fixture Trade for Selected Partners, 2011 74
SECTION III -- PRODUCTS
1 Lighting Fixture Demand by Type, 2011 79 SECTION IV -- MARKETS1 Construction Lighting Fixture Demand by MarketSegment, 2001-2021 1472 Nonresidential Lighting Fixture Demand by BuildingType, 2001-2021 164
SECTION V -- REGIONS
1 Lighting Fixture Demand by Region & Market, 2011 210 SECTION VI -- INDUSTRY STRUCTURE 1 Lighting Fixture Market Share by Company, 2011 238To order this report:Lighting Equipment Manufacturing Industry: US Lighting Fixtures Market
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