U.S. LED Lighting Market Projected to Reach $16.18 Billion by 2029!

The US LED lighting market is projected to grow significantly, reaching USD 16.18 billion by 2029, up from USD 11.76 billion in 2024, with a compound annual growth rate (CAGR) of 6.6%. This growth is fueled by increased consumer demand for energy-efficient solutions and government initiatives promoting sustainable practices. The lamps segment is expected to dominate this market segment due to their cost benefits and efficiency over traditional lighting options. Additionally, the e-commerce sales channel is anticipated to register the highest CAGR, driven by the convenience and competitive pricing of online shopping. As awareness of sustainability grows, the integration of smart lighting and IoT technologies further enhances market opportunities, particularly in residential, commercial, and industrial sectors.

U.S. LED Lighting Market Projected to Reach $16.18 Billion by 2029!

E2 Lighting International Inc. Enhances Dedication to Emergency-Ready LED Solutions for Commercial Use

Comprehensive Engineering Solutions for Kai Tak Sports Park

DPIIT Enhances Calcom’s PLI Status to Propel LED Manufacturing Growth with ₹25 Crore Investment

Connecticut Lighting Firm Accused of Breaching Multiple Federal Trade Regulations