Demand for residential general purpose lighting fixtures is forecast to rise 4.3% annually through 2024 to $6.7 billion. Gains will be driven by:
* growth in new home construction * increased interest in home renovation activity as people spend more time at home * rising consumer interest in energy efficiency, which will support the replacement of existing fixtures and the installation of high-end products in new applications
This report analyzes residential lighting fixtures demand by application, lighting source, and market in value terms. This report analyzes residential lighting fixtures demand by product and lighting source in value terms.
Product demand is provided for the following products: * Outdoor lighting fixtures (area lighting, flood and security lighting, roadway lighting, other outdoor lighting) * Indoor lighting fixtures (table, floor, and desk lamps, emergency and exit lighting, other indoor fixtures) * Parts and attachments (outdoor poles and accessories, aftermarket lamp ballasts, other parts and accessories)
Demand is also broken out for the following light sources: * LED * Fluorescent * HID * Incandescent, Halogen, and Other
Scope of the Report This report examines the scope, size, and growth of the US residential lighting fixtures industry in value terms, and analyzes key trends by product and light source. Historical data are provided for 2009, 2014, and 2019 with forecasts for 2024 and 2029. Also provided is an analysis of key industry players and their market shares.
1. Executive Summary
2. About This Report
Report Details
Study Scope & Product Description
Impact of COVID-19 Pandemic
3. Overview
Historical Market Trends
Demand by Product
Indoor Lighting Fixtures
Outdoor Lighting Fixtures
Parts & Accessories
Pricing Trends
4. Housing Types
Demand by Housing Type
Single-Family Housing
Multifamily Housing
Manufactured Housing
New vs. Replacement Demand
5. Key Suppliers & Market Share
Industry Composition
Market Share
6. Appendix
Scope
Definitions
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. About This Report
Table 2-1 | Annual Residential General Purpose Lighting Fixture Demand by Product, 2019 - 2021 (million dollars)
Table 2-2 | Annual Residential General Purpose Lighting Fixture Demand by Housing Type, 2019 - 2021 (million dollars)