Dublin, June 30, 2021 (GLOBE NEWSWIRE) -- The "US LED Downlight Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The US LED downlight market reached a value of US$ 3.5 Billion in 2020. Looking forward, the market to exhibit strong growth during 2021-2026.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
LED downlights are defined as recessed light fixtures which are mounted into a hollow opening in a ceiling. These lights are extensively used across residential and commercial spaces. LED downlights are energy efficient as well as eco-friendly lighting solutions, which emit light in the downward direction with a narrow beam. These lights have a relatively longer lifespan with minimum heat radiation. They currently find wide applications in shopping malls, offices, living rooms, kitchens, bathrooms, etc.
LED downlights are proficient of enduring tough conditions such as external shocks and vibrations, extreme weather conditions, and traffic-related public exposure, etc. This has resulted in LED downlights turning into one of the most favoured choices for outdoor lighting systems.
In addition, the sales of these lights are also proliferating since they consume a significant lower amount of electricity and emit lesser amount of ultraviolet (UV) rays and heat.
Apart from this, on account of the rising prices of electricity in several developing economies, the governments are taking initiatives to encourage the widespread incorporation of LED lights across various sectors.
Key Questions Answered in This Report:
How has the US LED downlight market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the US LED downlight market?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the application?
What are the price trends of LED downlights?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the US LED downlight market and who are the key players?
What is the degree of competition in the market?
The competitive landscape of the industry has also been examined with some of the key players being
Acuity Brands Inc.
Feit Electric Company Inc.
General Electric Company
Osram Licht Ag
Samsung Electronics Co. Ltd.
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 United States LED Downlight Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 United States LED Downlight Market: Breakup by Region
7 United States LED Downlight Market: Breakup by Application
7.2 Retail & Hospitality
8 United States LED Downlight Market: Breakup by Product Type
8.2 Lamps and Retrofits
9 SWOT Analysis
10 Value Chain Analysis
10.1 Primary Raw Materials Suppliers
10.2 LED Chip Manufacturers
10.3 LED Package and Module Manufacturers
10.4 Lighting Products, Electronic Products and Automotive Part Manufacturers
10.5 Product Distribution
10.6 End Users
11 Porters Five Forces Analysis
12 Key Success and Risk Factors for LED Downlight Manufacturers
13 Comparative Analysis of CFL and LED
14 Price Analysis
14.1 Key Price Indicators
14.2 Price Structure
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/m4ydkq
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