Lighting Fixtures Manufacturing in the US - Industry Market Research Report

Lighting Fixtures Manufacturing in the US - Industry Market Research Report

Lighting Fixtures Manufacturing in the US

The Lighting Fixtures Manufacturing industry manufactures various lighting fixtures for residential and nonresidential buildings, including lampshades, street lights, lighting components and other products. Over recent years, manufacturers have experienced heightened volatility. The early stages of the pandemic supported residential construction activity, boosting lighting fixtures sales. These trends reversed quickly because of rising inflation and increasing interest rates. The pandemic also affected nonresidential construction activity, as work-from-home capabilities stopped companies from investing in new infrastructure. This resulted in lighting fixture manufacturing revenue dropping at an estimated CAGR of 4.1% to $12.2 billion over the past five years, including a lag of 5.0% in 2023 alone.

This industry manufactures electric lighting fixtures, nonelectric lighting equipment, lighting fixture components and lampshades made of metal, paper or textiles. The industry excludes establishments that manufacture light bulbs and tubes, glass lighting fixtures, vehicular lighting equipment, current-carrying wiring devices and lampshades made of plastic.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.