U.S. Lighting Market to 2032
Overview
The U.S. Lighting Market is expected to reach a 3.47 USD Billion by 2032 and is projected to grow at a CAGR of 3.58% from 2025 to 2032.
Revenue, 2024 (USD Billion)
2.62
Forecast, 2032 (USD Billion)
3.47
CAGR, 2024 - 2032
3.58%
Report Coverage
North America
U.S. Lighting Market 2018-2032 USD Billion
U.S. Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 2.62 USD Billion
- Projected Market Size (2032): 3.47 USD Billion
- CAGR (2025-2032): 3.58%
Key Findings of U.S. Lighting Market
- The U.S. Lighting Market was valued at 3.47 USD Billion in 2024.
- The U.S. Lighting Market is likely to grow at a CAGR of 3.58% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Offline in Distribution Channel Segment accounted for the largest share of the market with a revenue of 1.75 USD Billion
- The fastest growing segment Light Bulbs in Lighting Type Segment grew Fastest with a CAGR of 4.11% during the forecast period from 2024 to 2032.
U.S. Lighting Market Scope
U.S. Lighting Market Segmentation & Scope
End-User
- Commercial
- Residential
Distribution Channel
- Online
- Offline
Location
- Indoor
- Outdoor
Connectivity
- Wired
- Wireless
Installation Type
- New installation
- Retrofit
Lighting Type
- Fixtures
- Light Bulbs
- Ceiling Light
- Lamps
U.S. Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 2.62 USD Billion |
| Market Value in 2032 | 3.47 USD Billion |
| CAGR (2025-2032) | 3.58% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-User,Distribution Channel,Location,Connectivity,Installation Type,Lighting Type |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 2.62 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 2,615.60 USD Million in 2024.
Segments and Scope
-
U.S. Lighting Market to 2032, By End-User
- Commercial is the largest segment in U.S. Lighting Market to 2032 with a revenue of 1.58 USD Billion in the year 2024.
- Commercial is the Fastest growing segment in U.S. Lighting Market to 2032 with a Growth rate of 3.75 % in forecast period 2025-2032.
-
U.S. Lighting Market to 2032, By Distribution Channel
- Offline is the largest segment in U.S. Lighting Market to 2032 with a revenue of 1.75 USD Billion in the year 2024.
- Online is the Fastest growing segment in U.S. Lighting Market to 2032 with a Growth rate of 3.45 % in forecast period 2025-2032.
-
U.S. Lighting Market to 2032, By Location
- Indoor is the largest segment in U.S. Lighting Market to 2032 with a revenue of 1.50 USD Billion in the year 2024.
- Indoor is the Fastest growing segment in U.S. Lighting Market to 2032 with a Growth rate of 3.75 % in forecast period 2025-2032.
-
U.S. Lighting Market to 2032, By Connectivity
- Wired is the largest segment in U.S. Lighting Market to 2032 with a revenue of 1.64 USD Billion in the year 2024.
- Wireless is the Fastest growing segment in U.S. Lighting Market to 2032 with a Growth rate of 3.43 % in forecast period 2025-2032.
-
U.S. Lighting Market to 2032, By Installation Type
- New installation is the largest segment in U.S. Lighting Market to 2032 with a revenue of 1.40 USD Billion in the year 2024.
- New installation is the Fastest growing segment in U.S. Lighting Market to 2032 with a Growth rate of 3.82 % in forecast period 2025-2032.
-
U.S. Lighting Market to 2032, By Lighting Type
- Light Bulbs is the largest segment in U.S. Lighting Market to 2032 with a revenue of 973.33 USD Billion in the year 2024.
- Light Bulbs is the Fastest growing segment in U.S. Lighting Market to 2032 with a Growth rate of 4.11 % in forecast period 2025-2032.
U.S. Lighting Market Company Share Analysis
U.S. Lighting Market Geographical Sales Distribution, 2018-2032 USD Billion
U.S. Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The U.S. Lighting Market is segmented based on Segmentation End-User,Distribution Channel,Location,Connectivity,Installation Type,Lighting Type.
U.S. Lighting Market was valued at USD 2.62(Revenue in USD Billion) in 2023.
U.S. Lighting Market is projected to grow at a CAGR of 3.58% during the forecast period of 2024 to 2032.
The Offline segment is expected to dominate the U.S. Lighting Market, holding a largest market share of 1.75 USD Billion in 2024
U.S. Lighting Market Scope
U.S. Lighting Market Segmentation & Scope
End-User
- Commercial
- Residential
Distribution Channel
- Online
- Offline
Location
- Indoor
- Outdoor
Connectivity
- Wired
- Wireless
Installation Type
- New installation
- Retrofit
Lighting Type
- Fixtures
- Light Bulbs
- Ceiling Light
- Lamps
Frequently Asked Questions
The U.S. Lighting Market is segmented based on Segmentation End-User,Distribution Channel,Location,Connectivity,Installation Type,Lighting Type.
U.S. Lighting Market was valued at USD 2.62(Revenue in USD Billion) in 2023.
U.S. Lighting Market is projected to grow at a CAGR of 3.58% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Lighting Market for final year is USD 3.47 (USD Billion).
U.S. Lighting Market Company Profiling
Frequently Asked Questions
The U.S. Lighting Market is segmented based on Segmentation End-User,Distribution Channel,Location,Connectivity,Installation Type,Lighting Type.
U.S. Lighting Market was valued at USD 2.62(Revenue in USD Billion) in 2023.
U.S. Lighting Market is projected to grow at a CAGR of 3.58% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Lighting Market for final year is USD 3.47 (USD Billion).
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