U.S. Lightning Product Market, by Standalone Type(LED Tubes and Bulbs(T8 LED Tube and Bulbs and Others (Incandescent, High Intensity Discharge)), By Lighting Fixture (Ceiling Fixtures, Recessed Lighting Fixture, Strip Light Fixture and Others (Chandeliers, Pendants, etc.)), by Application (Residential Lighting (Table Lamps, Floor Lamps and Desk Lamps), Commercial Lighting, Industrial Lighting and Outdoor Lighting), and by Retailers(The Home Depot, Lowe's Companies, Inc., Target, Wal-Mart, Bed Bath and Beyond, Sam’s Club, Costco and Menards) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
A table or U.S. Lightning Product PC is a portable computer that uses a touchscreen interface as its primary input device. The standard U.S. Lightning Products are larger than smartphones in terms of size and smaller than a notebook or laptop. The majority of U.S. Lightning Products weigh less are used without physical keyboards. U.S. Lightning Products are used for a variety of applications including, video and image editing, chats, emails, video streaming, gaming, video calling, internet browsing, etc. Modern U.S. Lightning Products are manufactured with wireless Internet access or local area networks (LAN). Although the majority of U.S. Lightning Products use a touchscreen interface without physical keyboards, some U.S. Lightning Products are offered with a stylus to enhance the user experience.
Market Dynamics
Adoption of LED lighting in the U.S. has increased significantly in the recent past. This is owing to high energy-efficiency and extended life span of LED lighting fixtures. Moreover, LED lightings are brighter and more aesthetic as compared to conventional lighting products. LED lighting can be used in a variety of buildings such as commercial, industrial, and residential. Moreover, they are now being used for streetlights, in order to save costs and energy. Thus, these factors are expected to support the U.S., lighting product market growth over the forecast period. Rising demand for lighting fixtures among building contractors for hotels, offices, and commercial structures are expected to drive the market growth. Non-residential construction accounts for the largest amount of lighting products consumption in the U.S. and is one of the most promising segments for the growth of retail lighting product sales in the U.S. According to the U.S. Census Bureau published a survey named - The Value of Construction Put in Place Survey (VIP) that provides monthly estimates of the total dollar value of construction work done in the U.S., the VIP for non-residential building construction was US$ 430,053 Mn, from US$ 393,934 Mn in 2015. Hence, these factors are expected to drive growth of the U.S. Lighting product market during the forecast period.
Market Taxonomy
This report segments the U.S. Lightning Product Market on the basis of Standalone Type, Lighting Fixture, Application, Retailers and Region. On the basis of Standalone Type, U.S. Lightning Product Market is segmented into LED Tubes and Bulbs. Furthermore, LED Tubes and Bulbs is divided into T8 LED Tube and Bulbs and Others (Incandescent, High Intensity Discharge). On the basis of Lighting Fixture, the U.S. Lightning Product Market is segmented into Ceiling Fixtures, Recessed Lighting Fixture, Strip Light Fixture and Others (Chandeliers, Pendants, etc.). On the basis of Application, the U.S. Lightning Product Market is segmented into Residential Lighting (Table Lamps, Floor Lamps and Desk Lamps), Commercial Lighting, Industrial Lighting and Outdoor Lighting. On the basis of Retailers, the U.S. Lightning Product Market is segmented into The Home Depot, Lowe's Companies, Inc., Target, Wal-Mart, Bed Bath and Beyond, Sam’s Club, Costco and Menards. On the basis of region, U.S. Lightning Product Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
Key features of the study:
This report provides an in-depth analysis of the U.S. Lightning Product Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the U.S. Lightning Product Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the U.S. Lightning Product Market includes Menards, Acuity Brands Lighting, Inc., Signify Holding, LSI Industries Inc., The Home Depot, Costco, Lowe's Companies, Inc., Wal-Mart, Sam's Club, Target, and Bed Bath & Beyond.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The U.S. Lightning Product market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the U.S. Lightning Product Market
Detailed Segmentation:
The U.S. Lightning Product Market, By Standalone Type:
LED Tubes and Bulbs
T8 LED Tube and Bulbs
Others (Incandescent, High Intensity Discharge)
The U.S. Lightning Product Market, By Lighting Fixture:
Ceiling Fixtures
Recessed Lighting Fixture
Strip Light Fixture
Others (Chandeliers, Pendants, etc.)
The U.S. Lightning Product Market, By Application:
Residential Lighting
Table Lamps
Floor Lamps
Desk Lamps
Commercial Lighting
Industrial Lighting
Outdoor Lighting
The U.S. Lightning Product Market, By Retailers:
The Home Depot
Lowe's Companies, Inc.
Target
Wal-Mart
Bed Bath and Beyond
Sam’s Club
Costco
Menards
Company Profiles
Acuity Brands Lighting, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Bed Bath & Beyond
Costco
Lowe's Companies, Inc.
LSI Industries Inc.
Menards
Sam's Club
Signify Holding
Target
The Home Depot
Wal-Mart
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