North America Commercial LED Lighting Market Report and Forecast 2025-2034
Description
The North America commercial LED lighting market size was valued at USD 7.70 Billion in 2024. The market is further projected to grow at a CAGR of 8.00% between 2025 and 2034, reaching a value of USD 16.62 Billion by 2034.
According to the North America commercial LED lighting market analysis, the demand for commercial LED lighting is rising in offices, malls, businesses, government buildings, and restaurants. These lights are available in types, such as tube lights, troffer lights, high and low bay lights, vapour tight lights, and flood lights. The demand for LED lighting is driven by its various benefits such as energy efficiency, longevity, cost-effectiveness, and environmental sustainability.
Compared to conventional incandescent bulbs, LED lights require less maintenance and replacement costs and have a longer life resulting in less waste going to landfills. LED lighting can save businesses thousands of dollars due to reduced energy bills and fewer replacements. Further, according to Natural Resources Canada, ENERGY STAR-certified LEDs are up to 90% more efficient compared to incandescent bulbs.
Commercial buildings in Canada consume around 30% of the country's total energy, with a considerable portion being attributed to lighting, heating, cooling, and ventilation systems. As a result, the Canadian government offers rebates to help offset the costs of switching to LED lighting for businesses and enhance their energy efficiency, impacting the North America commercial LED lighting market growth. The United States government is extensively promoting the adoption of energy-efficient LED lighting by enhancing its procurement practices and expenditure on LED lights. The federal government gets its energy-efficient light supplies from the General Service Administration (GSA).
Market Segmentation
North America Commercial LED Lighting Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments.
Market Breakup by Type
Troffers
Downlights
High Bay
Track Lights
Suspended Pendants
Others
Market Breakup by Application
Retail Stores
Office
Hospitality Sector
Architectural Sector
Others
Market Breakup by Distribution Channel
Direct Sales
Retail/Wholesale
Market Breakup by Country
United States of America
Canada
Competitive Landscape
The key players in the commercial LED lighting market in North America are producing high-quality commercial LED Lighting products to meet the consumer’s needs for energy efficiency.
Cree Lighting USA LLC
Votatec Group Corp.
OSRAM GmbH
Acuity Brands, Inc.
Constellation Lighting U.S
Signify Holding Inc.
Technical Consumer Products, Inc.
Nora Lighting
Cooper Lighting, LLC
Eaton Corporation PLC
Others
According to the North America commercial LED lighting market analysis, the demand for commercial LED lighting is rising in offices, malls, businesses, government buildings, and restaurants. These lights are available in types, such as tube lights, troffer lights, high and low bay lights, vapour tight lights, and flood lights. The demand for LED lighting is driven by its various benefits such as energy efficiency, longevity, cost-effectiveness, and environmental sustainability.
Compared to conventional incandescent bulbs, LED lights require less maintenance and replacement costs and have a longer life resulting in less waste going to landfills. LED lighting can save businesses thousands of dollars due to reduced energy bills and fewer replacements. Further, according to Natural Resources Canada, ENERGY STAR-certified LEDs are up to 90% more efficient compared to incandescent bulbs.
Commercial buildings in Canada consume around 30% of the country's total energy, with a considerable portion being attributed to lighting, heating, cooling, and ventilation systems. As a result, the Canadian government offers rebates to help offset the costs of switching to LED lighting for businesses and enhance their energy efficiency, impacting the North America commercial LED lighting market growth. The United States government is extensively promoting the adoption of energy-efficient LED lighting by enhancing its procurement practices and expenditure on LED lights. The federal government gets its energy-efficient light supplies from the General Service Administration (GSA).
Market Segmentation
North America Commercial LED Lighting Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments.
Market Breakup by Type
Troffers
Downlights
High Bay
Track Lights
Suspended Pendants
Others
Market Breakup by Application
Retail Stores
Office
Hospitality Sector
Architectural Sector
Others
Market Breakup by Distribution Channel
Direct Sales
Retail/Wholesale
Market Breakup by Country
United States of America
Canada
Competitive Landscape
The key players in the commercial LED lighting market in North America are producing high-quality commercial LED Lighting products to meet the consumer’s needs for energy efficiency.
Cree Lighting USA LLC
Votatec Group Corp.
OSRAM GmbH
Acuity Brands, Inc.
Constellation Lighting U.S
Signify Holding Inc.
Technical Consumer Products, Inc.
Nora Lighting
Cooper Lighting, LLC
Eaton Corporation PLC
Others
Table of Contents
140 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Commercial LED Lighting Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Commercial LED Lighting Historical Market (2018-2024)
- 5.3 Global Commercial LED Lighting Market Forecast (2025-2034)
- 5.4 Global Commercial LED Lighting Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 North America Commercial LED Lighting Market Overview
- 6.1 Key Industry Highlights
- 6.2 North America Commercial LED Lighting Historical Market (2018-2024)
- 6.3 North America Commercial LED Lighting Market Forecast (2025-2034)
- 7 North America Commercial LED Lighting Market by Type
- 7.1 Troffers
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Downlights
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 High Bay
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Track Lights
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Suspended Pendants
- 7.5.1 Historical Trend (2018-2024)
- 7.5.2 Forecast Trend (2025-2034)
- 7.6 Others
- 8 North America Commercial LED Lighting Market by Application
- 8.1 Retail Stores
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Office
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Hospitality Sector
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Architectural Sector
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Others
- 9 North America Commercial LED Lighting Market by Distribution Channel
- 9.1 Direct Sales
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Retail/Wholesale
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 North America Commercial LED Lighting Market by Country
- 10.1 United States of America
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Canada
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Cree Lighting USA LLC
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Votatec Group Corp.
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 OSRAM GmbH
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Acuity Brands, Inc.
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Constellation Lighting U.S
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Signify Holding Inc.
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 Technical Consumer Products, Inc.
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 Nora Lighting
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 Cooper Lighting, LLC
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 Eaton Corporation PLC
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Others
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