U.S LED Lightbulbs Market – By Technology , By Brightness , By Lifespan , By Color Temperature , By Wattage , By Product Type , By End User , By Distribution Channel Opportunity Analysis & Industry Forecast, 2024-2030

Report Code: ESR 0921 Report Format: PDF + Excel

U.S LED Lightbulbs Market Overview:

U.S LED Lightbulbs Market size is estimated to reach US$915 million by 2030, growing at a CAGR of 8.0% during the forecast period 2024-2030. Low cost and reduced electricity are prime motivators for LEDs since LEDs draw much less electricity than conventional lamps so utility bills are lower. Meanwhile, government regulations and incentives such as energy-efficiency standards and tax credits are pushing the industry toward LEDs, with similar reasoning that it will save companies a lot of money. LEDs are more attractive to tech savvy consumers, thanks to advancements in smart technology, such as remote control and integration with smart home systems. Modern, long-lasting lighting is demanded in residential, commercial and industrial projects. Moreover, customization and aesthetic appeal align with the increasing preference for tailored lighting solutions, addressing consumer curiosity effectively.

Two major trends shaping the U.S. LED lightbulbs market are the integration of smart technology and a focus on sustainability. As seen in the rapid evolution of smart lighting, such as Lepro’s LightGPM™ AI technology, smart lighting is increasingly becoming highly customizable and intuitive lighting solutions. These advancements, which possess features such as facial expression and voice recognition, allow users to customize the lights to each’s emotional and environment states. Lepro’s AI powered wall lights and strip lights are examples of products that reflect the increasing need for smart ecosystems where lighting is seamlessly integrated with music and home automation systems. At the same time, sustainability is a driving force, as manufacturers take energy efficient shapes and recyclable materials into account to meet eco-friendly consumers preferences. Together, these trends make the market smarter and greener, more convenient and more environmentally responsible.

U.S LED Lightbulbs Market - Report Coverage:

The “U.S LED Lightbulbs Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the U.S LED Lightbulbs Market.

Attribute Segment

By Technology

  • Conventional LED
  • Smart LED
  • Tunable LED
  • Others

By Brightness

  • 1 to 300 lumens
  • 301 to 600 lumens
  • 601 to 900 lumens
  • 901 to 1200 lumens
  • Above 1200 lumens

By Lifespan

  • 0 to 1500 hrs
  • 1501 to 5000 hrs
  • 5001 to 10000 hrs
  • 10001 to 20000 hrs
  • Above 20000 hrs

By Color Temperature

  • Soft white
  • Bright white
  • Daylight
  • Others

By Wattage

  • Low Wattage (<10W)
  • Medium Wattage (10W-40W)
  • High Wattage (>40W)

By Product Type

  • Dual In-Line Package (DIP) LEDs
  • Surface Mounted Diode (SMD) LEDs
  • Chip on Board (COB) LEDs
  • Others

By Application

  • Residential
  • Commercial
  • Industrial
  • Outdoor
  • Others

By End User

  • Commercial
  • Industrial
  • Residential

By Distribution Channel

  • Online Retail
  • Offline Retail

COVID-19 / Ukraine Crisis - Impact Analysis:  

  • The U.S. LED lightbulbs market has been significantly disrupted by the COVID 19 pandemic on account of supply chain disruptions and reduced manufacturing capacity. Due to delays in procurement of raw material and electronic components, there were a shortage of LED products during lockdowns and restrictions on trade. Additionally, economic downturn reduced consumer spending resulting in the demand for non-essential lighting upgrade falling momentarily. But the pandemic also accelerated the adoption of energy efficient solutions as businesses and households looked for cost saving measures in the presence of economic uncertainties.
  • The Russia-Ukraine war aggravated the global supply chain challenges and pushed up energy prices that impacted the U.S. LED lightbulbs market. Since the conflict has also disrupted the supply of key raw materials including rare earth metal used for manufacturing of LED among other things, production cost has been going up. Rising energy costs also created a need for energy efficient lighting solutions and the on demand for LED technology increased. Not only geopolitical tensions urged US manufacturers to diversify their supply chains and shift to local production, but also reshaped market dynamics so local sourcing and resilience matter most.

Key Takeaways

Commercial is the Largest Segment

The commercial segment leads the U.S. LED lightbulbs market by application due to stringent standards and widespread adoption of efficient lighting solutions in workplaces. The U.S. General Services Administration (GSA) established a minimum office lighting standard of 500 lumens per square meter for lighting in May 2024, to provide enough brightness for productivity. What this means is that a standard 6’x6’ workstation requires lighting equivalent to a 35-watt incandescent bulb. The baseline in this encourages businesses to use LED lights, which are more energy efficient and cheaper than incandescent or fluorescent. In addition, LEDs are an ideal choice for their adaptability and even illumination and the GSA recommends a balanced lighting layout with minimal shadows, supplemented by task lighting to fill gaps. Government incentives for sustainability and these requirements have driven the uptake of LED in office spaces, retail outlets and hospitality venues, cementing the commercial segment as market leader.

Indoor is the Largest Segment

Indoor applications dominate the U.S. LED lightbulbs market due to the substantial number of residential and commercial spaces requiring efficient lighting solutions. As of July 2024, nearly 362,000 new housing units were approved in states like Texas, Florida, California and North Carolina, according to National Mortgage News. This surge in housing drives demand for indoor lighting, where LED bulbs offer energy efficiency and longevity. Furthermore, data from the Department of Energy (DOE) highlights that indoor LED installations significantly exceed outdoor applications, with an estimated 2.2 billion indoor installations compared to just 100 million outdoors. The widespread adoption of LED technology in homes, offices, and retail spaces is attributed to its ability to reduce energy costs and provide superior lighting quality. These factors position indoor lighting as the largest segment, supported by ongoing urban development and consumer preference for sustainable lighting solutions.

Energy Efficiency and Cost Savings is a Major Driver

Energy efficiency and cost savings is a major driver in the U.S. LED lightbulbs market due to their substantial benefits over traditional incandescent lighting. The U.S. Department of Energy (DOE) states LEDs use up to 90% less energy and last up to 25 times longer than incandescent bulbs. This dramatic efficiency cuts electricity bills for consumers and operating costs for businesses, making them a cost-effective choice, albeit with higher upfront costs. Additionally, LED technology is adaptable to a variety of applications including indoor fixtures, outdoor lighting and task specific applications such as undercabinet or pathway lights. Performance in cold conditions, durability, dimming and motion sensors all add up to their appeal. As production increases, the cost of LED products continues to decline and prices continue to fall, too. The adoption of these advantages further positions LEDs as a sustainable and economical lighting solution to a wide range of lighting needs, driving their growing market adoption.

Government Regulations and Incentives Boosts the Market

U.S. LED Lightbulbs Market is driven by government regulations and incentives that mandatorily require energy efficient lighting solutions and induce consumer adoption. The U.S. Department of Energy (DOE) announced in April 2024, that as of July 2028, the purchase of less efficient incandescent bulbs will be banned in favor of blue-pump LED lightbulbs. They also reflect climate policy goals by favoring higher lumens per watt, or brightness and energy efficiency. While these standards promote affordability and brightness, they ignore health risks from circadian disruption induced by blue enriched light at night. The DOE has rejected the unique benefits of circadian friendly lighting, even though evidence shows that it can support healthier sleep patterns and reduce melatonin suppression, all while optimizing blue light exposure based on time of day. Government policies that force energy efficiency measures encourage adoption of LED, but also restrict innovation in circadian friendly lighting. This regulatory framework sets forth the state’s vigorous involvement in shaping market direction, and tamping down environmental and health considerations.

Heat Sensitivity

The sensitivity of LEDs to heat and compatibility issues with transformers are a major challenge in the U.S. LED lightbulbs market. Prolonged exposure to high heat can cause LED bulbs to overheat, which reduces their lifespan and diminishes their performance, says Brennan Electric. It is especially problematic in high temperature environments or where the fixture is poorly ventilated, such as recessed lighting. This problem can be mitigated with consumer awareness by protective elements such as lampshades or sconces, but they are not effective if not used. Also, lighting LED bulbs can flicker when they are paired with an incompatible transformer, especially a dimmable lighting system. The high level of technical complexity underscores the importance of correct setup and compatible components in order to achieve high performance and durability from LED solutions. However, these concerns must be addressed if the U.S. market is going to see widespread adoption of the technology. 

U.S. LED Lightbulbs Market

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Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the U.S LED Lightbulbs Market. The top 10 companies in the U.S LED Lightbulbs Market are:

  1. Acuity Brands
  2. Osram
  3. CreeLED
  4. Signify
  5. TCP Lighting
  6. Eaton
  7. Cooper Lighting Solutions
  8. LUMILEDS LLC
  9. GE Lightning
  10. Lepro

Scope of Report: 

Report Metric Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

8.0%

Market Size in 2030

$915 Million

Segments Covered

By Technology, By Brightness, By Lifespan, By Color Temperature, By Wattage, By Product Type, By Application, By End User and By Distribution Channel

Key Market Players

  1. Acuity Brands
  2. Osram
  3. CreeLED
  4. Signify
  5. TCP Lighting
  6. Eaton
  7. Cooper Lighting Solutions
  8. LUMILEDS LLC
  9. GE Lightning
  10. Lepro

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  1.    U.S LED Lightbulbs Market - Market Overview
      1.1.    Definitions and Scope 
  2.    U.S LED Lightbulbs Market - Executive Summary
      2.1.    Key Trends by Technology
      2.2.    Key Trends by Brightness
      2.3.    Key Trends by Lifespan
      2.4.    Key Trends by Color Temperature
      2.5.    Key Trends by Wattage
      2.6.    Key Trends by Product Type
      2.7.    Key Trends by Application
      2.8.    Key Trends by End User
      2.9.    Key Trends by Distribution Channel 
  3.    U.S LED Lightbulbs Market – Comparative analysis 
      3.1.    Market Share Analysis- Major Companies
      3.2.    Product Benchmarking- Major Companies
      3.3.    Top 5 Financials Analysis
      3.4.    Patent Analysis- Major Companies
      3.5.    Pricing Analysis (ASPs will be provided)
  4.    U.S LED Lightbulbs Market - Startup companies Scenario Premium
      4.1.    Investment
      4.2.    Revenue
      4.3.    Product portfolio
      4.4.    Venture Capital and Funding Scenario
  5.    U.S LED Lightbulbs Market – Industry Market Entry Scenario Premium 
      5.1.    Regulatory Framework Overview
      5.2.    New Business and Ease of Doing Business Index
      5.3.    Successful Venture Profiles
      5.4.    Customer Analysis – Major companies
  6.    U.S LED Lightbulbs Market - Market Forces
      6.1.    Market Drivers
      6.2.    Market Constraints
      6.3.    Porters Five Force Model
            6.3.1.    Bargaining Power of Suppliers
            6.3.2.    Bargaining Powers of Buyers
            6.3.3.    Threat of New Entrants
            6.3.4.    Competitive Rivalry
            6.3.5.    Threat of Substitutes 
  7.    U.S LED Lightbulbs Market – Strategic Analysis
      7.1.    Value/Supply Chain Analysis
      7.2.    Opportunity Analysis
      7.3.    Product/Market Life Cycle
      7.4.    Distributor Analysis – Major Companies 
  8.    U.S LED Lightbulbs Market – By Technology (Market Size –$Million/$Billion)
      8.1.    Conventional LED
      8.2.    Smart LED
      8.3.    Tunable LED
      8.4.    Others
  9.    U.S LED Lightbulbs Market – By Brightness (Market Size –$Million/$Billion)
      9.1.    1 to 300 lumens
      9.2.    301 to 600 lumens
      9.3.     601to 900 lumens
      9.4.    901 to 1200 lumens
      9.5.    Above 1200 lumens
  10.    U.S LED Lightbulbs Market – By Lifespan (Market Size –$Million/$Billion)
      10.1.    0 to 1500 hrs
      10.2.    501 to 5000 hrs
      10.3.    5001 to 10000 hrs
      10.4.    10001 to 20000 hrs
      10.5.    Above 20000 hrs 
  11.    U.S LED Lightbulbs Market – By Color Temperature (Market Size –$Million/$Billion)
      11.1.    Soft white
      11.2.    Bright white
      11.3.    Daylight
      11.4.    Others
  12.    U.S LED Lightbulbs Market – By Wattage (Market Size –$Million/$Billion)
      12.1.    Low Wattage (<10W)
      12.2.    Medium Wattage (10W-40W)
      12.3.    High Wattage (>40W)
  13.    U.S LED Lightbulbs Market – By Product Type (Market Size –$Million/$Billion)
      13.1.    Dual In-Line Package (DIP) LEDs
      13.2.    Surface Mounted Diode (SMD) LEDs
      13.3.    Chip on Board (COB) LEDs
      13.4.    Others
  14.    U.S LED Lightbulbs Market – By Application (Market Size –$Million/$Billion)
      14.1.    Indoor
      14.2.    Outdoor
  15.    U.S LED Lightbulbs Market – By End User (Market Size –$Million/$Billion)
      15.1.    Commercial
            15.1.1.    Offices
            15.1.2.    Healthcare Facilities
            15.1.3.    Retail & Hospitality
            15.1.4.    Others
      15.2.    Industrial
            15.2.1.    Warehouses
            15.2.2.    Cold Storage
            15.2.3.    Factory and production lines
            15.2.4.    Packing areas
            15.2.5.    Others
      15.3.    Residential 
  16.    U.S LED Lightbulbs Market – By Distribution Channel (Market Size –$Million/$Billion)
      16.1.    Online Retail
      16.2.    Offline Retail
            16.2.1.    Supermarkets and Hypermarkets
            16.2.2.    Convenience Stores
            16.2.3.    Speciality Stores
  17.    U.S LED Lightbulbs Market – Entropy
      17.1.     New Product Launches
      17.2.    M&As, Collaborations, JVs and Partnerships
  18.    U.S LED Lightbulbs Market – Industry/Segment Competition Analysis 
      18.1.    Company Benchmarking Matrix – Major Companies
      18.2.    Market Share by Key Application - Major companies
      18.3.    Market Share by Key Product Type/Product category - Major companies
  19.    U.S LED Lightbulbs Market – Key Company List 
  20.    U.S LED Lightbulbs Market Company Analysis – 
      20.1.    Acuity Brands
      20.2.    Osram
      20.3.    CreeLED
      20.4.    Signify
      20.5.    TCP Lighting
      20.6.    Eaton
      20.7.    Cooper Lighting Solutions
      20.8.    LUMILEDS LLC
      20.9.    GE Lightning
      20.10.    Lepro
  "Financials to the Private Companies would be provided on best-effort basis."
   

The U.S LED Lightbulbs Market is forecast to grow at 8.0% during the forecast period 2024-2030

The U.S LED Lightbulbs Market size is projected to reach US$915 million by 2030

The leading players are Acuity Brands, Osram, CreeLED, Signify, TCP Lighting and others.

Integration of smart technology and a focus on sustainability are major trends in the market.

Energy efficiency and cost savings, government regulations and incentives, advancements in smart technology, growing construction and urbanization, customization and aesthetic appeal are driving the U.S LED Lightbulbs Market growth.