Study #: 3965 | Published: 03/2021 | Pages: 168 | Individual User License: US$ 5,500

Demand for general purpose lighting fixtures is forecast to rise 3.7% annually through 2024 to $26.8 billion. Gains will be driven by:

  • long-term growth in commercial building construction, where lighting fixtures often undergo intensive use, placing strain on fixtures and elevating replacement rates – this also spurs interest in value-added efficiency upgrades, even among commercial users who otherwise might be more cost conscious
  • rising single-family home construction and improvement and repair activity, with the best opportunities expected for LED fixtures that are both energy efficient and compatible with smart lighting systems as well as for area-specific fixtures such as those for outdoor spaces
  • rising end user and building owner interest in energy efficiency, which will support the replacement of existing fixtures as well as the installation of value-added products in new applications

Efforts to Control Energy Costs to Support Demand

Home and commercial building owners continue to focus on reducing their utility bills, including through the use of energy-efficient lighting fixtures such as LEDs, which require less wattage than traditional bulbs. LED products are typically initially more expensive than traditional lighting, which boosts demand as home and commercial building owners first specify these products in new buildings or upgrade to these fixtures in existing structures.

Although LEDs are gaining share in many applications, fluorescents and HIDs remain resilient in the applications where they are preferred for their ability to offer specific performance advantages. Bulbs used for these purposes – such as high-impact types – tend to be higher value, specialty products that are resistant to downward pricing pressure.

Smart Lighting to Provide Demand Growth Opportunities

While smart lighting does not account for a major share of fixture demand, it is expected to record strong gains. The rising adoption of smart or smart-capable lighting will be driven by user interest in its technologically advanced capabilities, including:

  • wireless functions that allow for lighting fixtures to be controlled from any place where the internet can be accessed
  • voice control features that allow users to verbally adjust such features as brightness and color

These features are both convenient and capable of boosting energy savings, especially in commercial applications.

Interest in Outdoor Living to Boost Gains

Increased homeowner interest in outdoor living, particularly in light of pandemic-related lifestyle changes, will also boost lighting fixture demand growth. In order to create outdoor areas more suitable for cooking and entertaining into dusk and twilight hours, homeowners will install higher-end lighting fixtures. Products that will be specified for these purposes include area lighting and floodlights, many of which are motion-activated or light-activated and can be adjusted remotely.


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Table of Contents

1. Executive Summary

2. Overview

Study Scope & Product Definition

Historical Trends

Impact of COVID-19 Pandemic

Demand by Product (Outdoor, Indoor, Specialty, & Parts)

Portable vs. Nonportable Uses

Demand by Light Source

LED Fixture Trends (LED-Ready or LED-Integrated)

Demand by Market

Pricing Trends

Foreign Trade

Supply & Demand

Imports

Exports

3. Smart Lighting Products

What is Smart Lighting?

Trends in Smart Lighting Sources (Lamps)

Smart Lighting Fixtures Outlook

Demand by Market

Leading Suppliers

4. Indoor Lighting Fixtures

Scope & Product Description

Supply & Demand

Products

Demand by Product

Table, Floor, & Desk Lamps

Emergency & Exit Lighting

Ceiling- & Wall-Mounted Fixtures

Demand by Market

Demand by Light Source

5. Outdoor Lighting Fixtures

Scope & Product Description

Supply & Demand

Products

Demand by Product

Area Lighting

Flood & Security Lights

Roadway Lighting

Spotlighting & Other Outdoor Lighting

Demand by Market

Demand by Light Source

6. Specialty Lighting Fixtures

Scope & Product Description

Supply & Demand

Products

Demand by Product

Industrial-Grade & Hazardous Lighting Fixtures

Flashlights & Lanterns

Demand by Market

Demand by Light Source

7. Parts & Attachments

Scope & Product Description

Demand by Type

Outdoor Poles & Accessories

Aftermarket Lamp Ballasts

Other Parts & Accessories

8. Commercial Building Lighting Fixtures

Market Scope

Commercial Buildings

Demand by Building Type

Institutional Buildings

Industrial Buildings

Retail & Lodging Buildings

Office Buildings

Other Commercial Buildings

New vs. Improvement & Repair Sales

Demand by Product

9. Residential Building Lighting Fixtures

Market Scope

Residential Buildings

Demand by Housing Type

Single-Family Housing

Multifamily Housing

Manufactured Housing

New vs. Improvement & Repair Sales

Demand by Product

Consumer Insights

Home Remodeling

Household Fixture Purchases: Purchases in the Last Twelve Months

Household Fixture Purchases: Indoor Fixture Purchases by Level of Spending

Household Fixture Purchases: Outdoor Fixture Purchases by Level of Spending

10. Roadway, Bridges, & Utilities Markets

Market Scope

Demand by Product

11. Consumer & Professional Markets

Market Scope

Demand by Product

12. Key Suppliers & Market Share

Key Findings & Industry Composition

Lighting Fixture Market Share

Mergers & Acquisitions

List of Industry Participants

13. Appendix

Scope

Definitions

Abbreviations

Freedonia Methodology

Study-Specific Methodology

Sources

Associations & Agencies

Related Studies & Reports

Macroeconomic Assumptions

Economic Environment

Demographics

Consumer Spending

Building Construction

Residential Building Construction

Residential Improvements & Repairs

Housing Completions

Housing Stock

Commercial Building Construction

Commercial Building Improvements & Repairs

Nonbuilding Construction Expenditures

Manufacturers' Shipments

Highway Spending


List of Tables

2. Overview

Table 2-1 | General Purpose Lighting Fixture Market, 2009 - 2019

Table 2-2 | Annual Lighting Fixture Demand by Product, 2019 - 2021 (million dollars)

Table 2-3 | Annual Lighting Fixture Demand by Market, 2019 - 2021 (million dollars)

Table 2-4 | General Purpose Lighting Fixture Demand by Product, 2009 - 2029 (million dollars & million 2012 dollars)

Table 2-5 | Lighting Fixture Demand: Portable vs. Nonportable, 2009 - 2029 (million dollars)

Table 2-6 | General Purpose Lighting Fixture Demand by Light Source, 2009 - 2029 (million dollars)

Table 2-7 | LED Lighting Fixture Demand by Type & Product, 2009 - 2029 (million dollars)

Table 2-8 | General Purpose Lighting Fixture Demand by Market, 2009 - 2029 (million dollars)

Table 2-9 | General Purpose Lighting Fixture Prices Deflator by Type, 2009 - 2029 (2012=100)

Table 2-10 | General Purpose Lighting Fixture Supply & Demand, 2009 - 2029 (million dollars)

Table 2-11 | US Imports of General Purpose Lighting Fixtures by Source, 2009 - 2019 (million dollars)

Table 2-12 | US Exports of General Purpose Lighting Fixtures by Destination, 2009 - 2019 (million dollars)

3. Smart Lighting Products

Table 3-1 | Smart Lighting Fixture Demand, 2014 - 2029 (million dollars)

Table 3-2 | Smart Lighting Fixture Demand by Market, 2014 - 2029 (million dollars)

4. Indoor Lighting Fixtures

Table 4-1 | Indoor Lighting Fixture Supply & Demand, 2009 - 2029 (million dollars)

Table 4-2 | Indoor Lighting Fixture Demand by Product, 2009 - 2029 (million dollars & million 2012 dollars)

Table 4-3 | Table, Floor, & Desk Lamp Demand by Market, 2009 - 2029 (million dollars)

Table 4-4 | Emergency & Exit Lighting Fixture Demand by Market, 2009 - 2029 (million dollars)

Table 4-5 | Ceiling- & Wall-Mounted Lighting Fixture Demand by Market, 2009 - 2029 (million dollars)

Table 4-6 | Indoor Lighting Fixture Demand by Market, 2009 - 2029 (million dollars)

Table 4-7 | Indoor Lighting Fixture Demand by Light Source, 2009 - 2029 (million dollars)

5. Outdoor Lighting Fixtures

Table 5-1 | Outdoor Lighting Fixture Supply & Demand, 2009 - 2029 (million dollars)

Table 5-2 | Outdoor Lighting Fixture Demand by Product, 2009 - 2024 (million dollars & million 2012 dollars)

Table 5-3 | Area Lighting Fixture Demand by Type & Market, 2009 - 2029 (million dollars)

Table 5-4 | Flood & Security Lighting Fixture Demand by Market, 2009 - 2029 (million dollars)

Table 5-5 | Roadway Lighting Fixture Demand, 2009 - 2029 (million dollars)

Table 5-6 | Spotlighting & Other Outdoor Lighting Fixture Demand by Product & Market, 2009 - 2029 (million dollars)

Table 5-7 | Outdoor Lighting Fixture Demand by Market, 2009 - 2029 (million dollars)

Table 5-8 | Outdoor Lighting Fixture Demand by Light Source, 2009 - 2029 (million dollars)

6. Specialty Lighting Fixtures

Table 6-1 | Specialty Lighting Fixture Supply & Demand, 2009 - 2029 (million dollars)

Table 6-2 | Specialty Lighting Fixture Demand by Product, 2009 - 2029 (million dollars & million 2012 dollars)

Table 6-3 | Industrial-Grade & Hazardous Lighting Fixture Demand, 2009 - 2029 (million dollars & million 2012 dollars)

Table 6-4 | Flashlight & Lantern Demand, 2009 - 2029 (million dollars & million 2012 dollars)

Table 6-5 | Specialty Lighting Fixture Demand by Market, 2009 - 2029 (million dollars)

Table 6-6 | Specialty Lighting Fixture Demand by Light Source, 2009 - 2029 (million dollars)

7. Parts & Attachments

Table 7-1 | Lighting Fixture Parts & Accessories Demand by Type, 2009 - 2029 (million dollars)

Table 7-2 | Outdoor Light Pole & Accessory Demand by Type, 2009 - 2029 (million dollars)

Table 7-3 | Aftermarket Lamp Ballast Demand, 2009 - 2029 (million dollars)

Table 7-4 | Other Lighting Fixture Parts & Accessories Demand, 2009 - 2029 (million dollars & million 2012 dollars)

8. Commercial Building Lighting Fixtures

Table 8-1 | Commercial Lighting Fixture Demand by Building Type, 2009 - 2029 (million dollars)

Table 8-2 | Institutional Buildings: Lighting Fixture Demand by Application, 2009 - 2029 (million dollars)

Table 8-3 | Industrial Buildings: Lighting Fixture Demand by Application, 2009 - 2029 (million dollars)

Table 8-4 | Retail & Lodging Buildings: Lighting Fixture Demand by Application, 2009 - 2029 (million dollars)

Table 8-5 | Office Buildings: Lighting Fixture Demand by Application, 2009 - 2029 (million dollars)

Table 8-6 | Other Commercial Buildings: Lighting Fixture Demand by Application, 2009 - 2029 (million dollars)

Table 8-7 | Commercial Building Lighting Fixtures Demand by Application, 2009 - 2029 (million dollars)

Table 8-8 | Commercial Building Lighting Fixture Demand by Product, 2009 - 2029 (million dollars)

9. Residential Building Lighting Fixtures

Table 9-1 | Residential Lighting Fixture Demand by Housing Type, 2009 - 2029 (million dollars)

Table 9-2 | Single-Family Housing Lighting Fixture Demand by Application, 2009 - 2029 (million dollars)

Table 9-3 | Multifamily Housing Lighting Fixture Demand by Application, 2009 - 2029 (million dollars)

Table 9-4 | Manufactured Housing Lighting Fixture Demand by Application, 2009 - 2029 (million dollars)

Table 9-5 | Residential Lighting Fixture Demand by Application, 2009 - 2029 (million dollars)

Table 9-6 | Residential General Purpose Lighting Fixture Demand by Product, 2009 - 2029 (million dollars)

10. Roadway, Bridges, & Utilities Markets

Table 10-1 | Roadway, Bridges, & Utilities Lighting Fixture Demand by Product, 2009 - 2029 (million dollars)

11. Consumer & Professional Markets

Table 11-1 | Consumer & Professional Lighting Fixture Demand by Product, 2009 - 2029 (million dollars)

12. Key Suppliers & Market Share

Table 12-1 | US General Purpose Lighting Fixture Sales by Company, 2019 (million dollars)

Table 12-2 | Selected Mergers & Acquisitions

Table 12-3 | Selected Industry Participants

13. Appendix

Table 13-1 | Relevant Industry Codes

Table 13-2 | Relevant HS/HTS Codes

Table 13-3 | Abbreviations & Acronyms Used in Study

Table 13-4 | Macroeconomic Indicators, 2009 - 2029 (billion 2012 dollars)

Table 13-5 | Population & Households, 2009 - 2029 (million persons)

Table 13-6 | Personal Consumption Expenditures, 2009 - 2029 (billion dollars)

Table 13-7 | Building Construction Expenditures, 2009 - 2029 (billion dollars & billion 2012 dollars)

Table 13-8 | Residential Building Construction Expenditures, 2009 - 2029 (billion dollars & billion 2012 dollars)

Table 13-9 | Residential Improvement & Repair Expenditures, 2009 - 2029 (billion dollars & billion 2012 dollars)

Table 13-10 | New Housing Indicators, 2009 - 2029

Table 13-11 | Housing Stock by Type, 2009 - 2029 (million units)

Table 13-12 | Commercial Building Construction Expenditures, 2009 - 2029 (billion dollars & billion 2012 dollars)

Table 13-13 | Commercial Building Improvement & Repair Expenditures, 2009 - 2029 (billion dollars & billion 2012 dollars)

Table 13-14 | Nonbuilding Construction Expenditures, 2009 - 2029 (billion dollars & billion 2012 dollars)

Table 13-15 | Manufacturers' Shipments, 2009 - 2029 (billion dollars)

Table 13-16 | Highway Spending by Type, 2009 - 2029 (billion dollars)


List of Figures

1. Executive Summary

Figure 1-1 | US General Purpose Lighting Fixtures Market

2. Overview

Figure 2-1 | General Purpose Lighting Fixtures: Product Examples

Figure 2-2 | Lighting Fixture Demand, 2004 - 2019 (percent annual change)

Figure 2-3 | General Purpose Lighting Fixture Demand Annual Growth, 2018 - 2024 (% annual growth)

Figure 2-4 | General Purpose Lighting Fixture Demand by Product, 2009 - 2024 (million dollars)

Figure 2-5 | Lighting Fixtures Demand: Portable & Nonportable, 2009 - 2024 (million dollars)

Figure 2-6 | General Purpose Lighting Fixture Demand by Light Source, 2009 - 2024 (million dollars)

Figure 2-7 | General Purpose Lighting Fixture Demand by Market, 2009 - 2024 (million dollars)

Figure 2-8 | General Purpose Lighting Fixture Pricing Deflators, 2009 - 2024 (2012=100)

Figure 2-9 | General Purpose Lighting Fixtures: US Imports Share by Source, 2019 (billion dollars)

Figure 2-10 | General Purpose Lighting Fixtures: US Exports Share by Destination, 2019 (billion dollars)

4. Indoor Lighting Fixtures

Figure 4-1 | Indoor Lighting Fixtures: Product Examples

Figure 4-2 | Table, Floor, & Desk Lamp Demand by Market, 2009 - 2024 (million dollars)

Figure 4-3 | Emergency & Exit Lighting Fixture Demand by Market, 2009 - 2024 (million dollars)

Figure 4-4 | Ceiling & Wall-Mounted Lighting Fixture Demand by Market, 2009 - 2024 (million dollars)

5. Outdoor Lighting Fixtures

Figure 5-1 | Outdoor Lighting Fixtures: Product Examples

Figure 5-2 | Outdoor Lighting Fixture Demand by Product, 2009 - 2024 (million dollars)

Figure 5-3 | Area Lighting Fixture Demand by Type, 2009 - 2024 (million dollars)

Figure 5-4 | Flood & Security Lighting Fixture Demand by Market, 2009 - 2024 (million dollars)

Figure 5-5 | Roadway Lighting Fixture Demand, 2009 - 2024 (million dollars)

Figure 5-6 | Spotlighting & Other General Purpose Outdoor Lighting Fixture Demand by Market, 2009 - 2024 (million dollars)

6. Specialty Lighting Fixtures

Figure 6-1 | Specialty Lighting Fixtures: Product Examples

7. Parts & Attachments

Figure 7-1 | Parts & Attachments: Product Examples

8. Commercial Building Lighting Fixtures

Figure 8-1 | Commercial Building Lighting Fixtures: Product Examples

9. Residential Building Lighting Fixtures

Figure 9-1 | Residential Building Lighting Fixtures: Product Examples

Figure 9-2 | Selected Household Remodeling Projects in the Last Twelve Months, 2015 - 2020 (percent of households)

Figure 9-3 | Household Purchases of Lighting Fixtures in the Last Twelve Months, 2010 - 2020 (percent of households)

Figure 9-4 | Household Indoor Lighting Fixture Spending in the Last Twelve Months, 2010 - 2020 (percent of households)

Figure 9-5 | Household Outdoor Lighting Fixture Spending in the Last Twelve Months, 2010 - 2020 (percent of households)

10. Roadway, Bridges, & Utilities Markets

Figure 10-1 | Roadway, Bridges, & Utilities General Purpose Lighting: Product Examples

11. Consumer & Professional Markets

Figure 11-1 | Consumer & Professional General Purpose Lighting: Product Examples

12. Key Suppliers & Market Share

Figure 12-1 | US General Purpose Lighting Fixture Market Share by Company, 2019 (billion dollars)

Figure 12-2 | US General Purpose Lighting Fixture Market, 2019: Leading Supplier

Figure 12-3 | US General Purpose Lighting Fixture Market, 2019: Second Leading Supplier

Figure 12-4 | US General Purpose Lighting Fixture Market, 2019: Third Leading Supplier

13. Appendix

Figure 13-1 | Annual Growth in Real GDP, 2000 - 2019, Compared to 1980 - 2005 Average (percent)

Figure 13-2 | Annual Population Growth, 2004 - 2019 (percent)

Figure 13-3 | New Housing Square Footage by Housing Type, 2004 - 2019

Figure 13-4 | Housing Stock: Share by Year of Construction, 2019 (million units)


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