NEW YORK, Feb. 7, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
The North American LED Lighting market is primarily driven by the energy savings that can be achieved by upgrading to LED lighting products and supportive legislation. This research service provides an in-depth analysis of the North American LED lighting market. The research service is segmented into indoor LED lighting and outdoor LED lighting. The research service provides revenue forecasts for the total market and considers the various drivers and restraints that affect the market in North America. In addition, revenue forecasts for each market segment, distribution channel, and vertical markets are provided as is an analysis of the competitive landscape. The study period for this research service is 2009 to 2017; the base year is 2012.
•The North American LED lighting market generated a revenue of $xx billion in 2012, growing by xx percent over the previous year.•Although the market was affected by the economic downturn in 2009 and 2010, it still witnessed double-digit growth and is expected to see strong growth throughout the entire forecast period.•By 2017, the market is expected to reach $xxbillion in revenue. This market is forecast to grow at a compound annual growth rate (CAGR) of xx percent from 2012 to 2017.•The key drivers are the potential for energy savings that are obtained from switching to LED lighting solutions as well as supportive legislation in North America.•In addition, the LED lighting market is expected to experience an increase in demand due to improvements to the technology and longer life.•On the other hand, the key restraints are the high initial cost of LED lighting products and the dominance of competing technologies in the lighting market.•The outdoor segment has seen a higher adoption of LED lighting solutions than the indoor segment because these solutions typically make more financial sense in outdoor applications, for which energy and maintenance costs are considered.•However, as the price of LED lighting solutions continues to decline, adoption in the indoor segment is expected to increase throughout the forecast period.•Although growth is expected in all verticals, the retail and hospitality verticals are expected to witness the highest growth during the short and medium term.•The office and residential verticals are expected to represent the greatest opportunities in the long term.•The market is characterized by traditional distribution channels, such as distributors, manufacturer representatives, retailers, original equipment manufacturers (OEMs), energy service companies (ESCOs), and the direct channel.•The largest distribution channels in this market are the distributors channel and the manufacturer representative channel.•While these two channels are expected to remain the largest channels, the ESCOs and direct channels are expected to gain a certain amount of share by the end of the forecast period.
TABLE OF CONTENTS
Market Overview 11
Total LED Lighting Market -
•External Challenges: Drivers and Restraints 19
•Forecasts and Trends 31
•Market Share and Competitive Analysis 56
Indoor Segment Breakdown 66
Outdoor Segment Breakdown 75
The Last Word 86
To order this report:Lighting_Equipment_Manufacturing Industry: Analysis of the North American LED Lighting Market
Contact Clare: firstname.lastname@example.org
US:(339) 368 6001
Intl:+1 339 368 6001