June 30, 2021 07:38 ET | Source: Research and Markets Research and Markets
Dublin, June 30, 2021 (GLOBE NEWSWIRE) -- The "US LED Downlight Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The US LED downlight market reached a value of US$ 3.5 Billion in 2020. Looking forward, the market to exhibit strong growth during 2021-2026.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor. LED downlights are defined as recessed light fixtures which are mounted into a hollow opening in a ceiling. These lights are extensively used across residential and commercial spaces. LED downlights are energy efficient as well as eco-friendly lighting solutions, which emit light in the downward direction with a narrow beam. These lights have a relatively longer lifespan with minimum heat radiation. They currently find wide applications in shopping malls, offices, living rooms, kitchens, bathrooms, etc. LED downlights are proficient of enduring tough conditions such as external shocks and vibrations, extreme weather conditions, and traffic-related public exposure, etc. This has resulted in LED downlights turning into one of the most favoured choices for outdoor lighting systems.
In addition, the sales of these lights are also proliferating since they consume a significant lower amount of electricity and emit lesser amount of ultraviolet (UV) rays and heat.
Apart from this, on account of the rising prices of electricity in several developing economies, the governments are taking initiatives to encourage the widespread incorporation of LED lights across various sectors.
Key Questions Answered in This Report:
The competitive landscape of the industry has also been examined with some of the key players being
Key Topics Covered: 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.4 Market Estimation 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 United States LED Downlight Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 United States LED Downlight Market: Breakup by Region 6.1 South 6.2 West 6.3 Northeast 6.4 Midwest 7 United States LED Downlight Market: Breakup by Application 7.1 Retrofit 7.2 Retail & Hospitality 7.3 Outdoor 7.4 Offices 7.5 Architectural 7.6 Residential 7.7 Industrial 7.8 Others 8 United States LED Downlight Market: Breakup by Product Type 8.1 Luminaries 8.2 Lamps and Retrofits 9 SWOT Analysis 10 Value Chain Analysis 10.1 Primary Raw Materials Suppliers 10.2 LED Chip Manufacturers 10.3 LED Package and Module Manufacturers 10.4 Lighting Products, Electronic Products and Automotive Part Manufacturers 10.5 Product Distribution 10.6 End Users 11 Porters Five Forces Analysis 12 Key Success and Risk Factors for LED Downlight Manufacturers 13 Comparative Analysis of CFL and LED 14 Price Analysis 14.1 Key Price Indicators 14.2 Price Structure 15 Competitive Landscape 15.1 Market Structure 15.2 Key Players 15.3 Profiles of Key Players For more information about this report visit https://www.researchandmarkets.com/r/m4ydkq