North America Outdoor LED Lighting Market Size
| Icons | Lable | Value |
|---|---|---|
|
Study Period | 2017 - 2030 |
|
Market Size (2024) | USD 2.80 Billion |
|
|
Market Size (2030) | USD 3.50 Billion |
|
Largest Share by Outdoor Lighting | Public Places |
|
|
CAGR (2024 - 2030) | 3.75 % |
|
Largest Share by Country | United States |
Major Players |
||
|
||
|
*Disclaimer: Major Players sorted in alphabetical order. |
North America Outdoor LED Lighting Market Analysis
The North America Outdoor LED Lighting Market size is estimated at 2.80 billion USD in 2024, and is expected to reach 3.50 billion USD by 2030, growing at a CAGR of 3.75% during the forecast period (2024-2030).
2.80 Billion
Market Size in 2024 (USD)
3.50 Billion
Market Size in 2030 (USD)
-0.78 %
CAGR (2017-2023)
3.75 %
CAGR (2024-2030)
Largest Segment by Outdoor Lighting
79.54 %
value share, Public Places, 2023
The sales of LED in this category were expected to reach 2198.1 million by the end of 2023. Walt Disney World Resort is the biggest theme park in North America, using 27520 acres of land area.
Fastest-growing Segment by Outdoor Lighting
3.84 %
Projected CAGR, Public Places, 2024-2030
The volume of LED penetration is expected to reach 269.5 million by 2023. Vancouver International Airport (YVR) has installed a new state-of-the-art LED lighting system at its airfield.
Largest by Country
65.77 %
value share, United States, 2023
The United States was the largest country by value share in 2022, accounting for 67.23%. Major LED lighting companies such as Acuity Brands, Signify, and CREE LED are from the US and LED light product penetration is maximum in the country.
Fastest-growing Segment by Country
3.91 %
Projected CAGR, United States, 2024-2030
The US is the fastest-growing country, with a projected CAGR of 3.14%. In recent years, the acceptance of LED lighting products in the US residential and industrial sectors has increased.
Leading Market Player
20.53 %
market share, ACUITY BRANDS, INC., INC.
Acuity Brands Inc., the largest market player, accounted for 20.53% in 2022. In North America, electrical distributors, electric utilities, OEMs, digital retailers, and energy service organizations are primary customers of ABL.
The increased use of LED lights in streets and strategic developments by companies will drive the growth of LED lighting in the region
- In terms of value and volume, public spaces will account for the largest share in 2023, followed by streets and roadways. Market share is expected to decline slightly in public places and increase in streets and roadways in the next few years. In March 2021, the Canadian city of Laval approved plans to upgrade 37,000 street lights to LED lights with intelligent controls. Switching to LED lighting could save USD 2.75 million annually. These efforts are driving the adoption of LEDs in Canada.
- The COVID-19 pandemic caused major disruptions to the lighting industry supply chain, severely impacting the LED lighting market. The LED lighting demand in applications such as highway/street/road building exterior/architecture, car park/parking garages, airport fences, stadiums, and sports arenas mirrors the demand for smart metropolises. This market is expected to grow significantly in the coming years owing to increased connectivity, performance, effectiveness, and performance monitoring in the lighting sector.
- In terms of development and innovation, the Acuity brand outdoor lighting manufacturer Cyclone Lighting announced the debut of the Elencia lamp in 2023. Outdoor pole top lighting looks classy with high-performance optics and an improved modern lantern style. In 2021, LEDVANCE expanded its urban outdoor portfolio with modern highlight LED lights for applications such as streets, parking lots, sports fields, and other venues. These developments reflect the growing demand for LED lighting in the region.
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Government initiatives to incorporate energy efficient lights on streets to drive the growth of LED lighting in the region
- In terms of value and volume, the United States was expected to have the largest share in 2023, followed by the rest of North America. In the first quarter of 2023, large-scale road infrastructure construction projects began in the United States. The project includes 69 express toll lanes in Overland Park, Kansas, and is expected to be completed in the third quarter of 2026. The Kennedy Expressway Extension extends 12 kilometers from the Edens Expressway to Ohio Street in Chicago. These cases are expected to lead to improved street lighting and contribute to the growth of the LED market in the region.
- Additionally, the City of Chicago embarked on a streetlight upgrade project in September 2022, replacing more than 280,000 high-pressure sodium streetlights with high-efficiency LED lights. These developments reflect the growing demand for LED lighting in the region.
- From a development and innovation perspective, Signify and Upciti partnered in 2022 to help cities and utilities across North America leverage street lighting infrastructure to improve transportation, public safety, and sustainability. Signify's road and street LED lighting development, Interact IoT connected lighting systems, and Upciti's edge-computing image analytics sensor developments to protect privacy will help cities improve services such as parking. The NYPA (New York Power Authority's Smart Street Lighting Program) selected Signify as part of a competitive procurement process that enabled Albany to upgrade nearly 11,000 streetlights to LED lights. The city uses an Interact IoT system to monitor and control lighting, making it an energy-smart town. These developments reflect the growing demand for LED lighting in the region.
North America Outdoor LED Lighting Market Trends
Upgradation, replacement, and construction of new stadiums to drive the growth of LED lights
- The number of stadiums is expected to witness a growth of 1,260 units in 2030, exhibiting a CAGR of 0.7%. The existence of nations with strong sports cultures, such as the United States, Canada, and Mexico, contributes to the increased demand for various sports events and activities. Additionally, these nations have a history of renovating stadiums. For instance, LED lighting was added to the New Yankee Stadium renovation in 2015. Additionally, the Dodgers Stadium will switch to LED pitch lights in 2023. With LED technology, Dodger Stadium joined over a dozen MLB stadiums, including Wrigley Field and Fenway Park. These elements support the expansion of the LED market in the region.
- The interest in sports, particularly cricket, is growing in the region. For instance, in 2023, Boundaries North, a project coordinated by WEIC Sports United, was implemented as a strategic alliance with Cricket Canada. The long-term project with Cricket Canada will concentrate on increasing the number of men and women who play cricket. This entails developing a supporting infrastructure and funding possibilities for all Canadian cricketers. As more stadiums are being built, the Canadian market is anticipated to increase significantly during the forecast period. For instance, Woodbine Entertainment said in 2022 that it would work with private investors to build a stadium close to Toronto specifically for football. The stadium is anticipated to hold 8,000 spectators and a training facility of 38,000 square feet. Moreover, in 2024, Canada Soccer may host the Toyota National Championship in Quinte West, ON, and Cape Breton, NS. These factors will drive the growth of LEDs in the coming years.
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Government initiatives to expand EV industry will boost the LED market
- North America's birth rate in 2023 is 11.821 births per 1,000 people, a 0.07% increase from 2022. In 2018, there were 156.15 million homes in North America, which is set to reach 255.79 million by 2023. The population of the United States has grown from a record more than 500 million people in 2023. In 2022, more new housing started in the South of the United States than in every other region combined. The West was the second region with the highest number of housing starts, which amounted to roughly 400,800 units in 2021. Northeast was the only region in the US that experienced increased housing starts in 2022.
- Further, the United States had 131.2 million households in 2022. There are now more households in the United States than there were in 2020 (128.45 million). In 2022, there were 3.13 people in the typical American family. The proportion of owner-occupied households in 2022 was 65.9%. In 2020, six or more rooms were present in 19.3% of all occupied dwelling units. The expansion of LEDs will be fueled by an increase in families and the need to accommodate this increase in the typical number of rooms.
- The number of automobiles produced in North America in 2022 was 14.54 million; in 2023, that number is predicted to rise to 15.06 million. The automotive industry is one of the largest manufacturing sectors in North America. Government efforts are significantly raising the market for EVs throughout North America. After the Inflation Reduction Act was enacted in August 2022, major EV and battery manufacturers announced expenditures in North American EV supply chains totaling at least USD 52 billion between that time and March 2023. Such measures that benefit consumers and manufacturers will increase the demand for LED lighting in the area.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 62% of builders using incentives to get buyers for residential housing and investment in commercial spaces to increase the growth of LED lights
- Upgradation and replacement of old lamps, increasing government initiatives to promote use of LED lights
- Increasing subsidies for using energy efficient equipment’s to drive the growth of LED lighting.
- Increasing government initiatives to promote adoption of LED lights
- Increase in private-owned dwellings and government policy to drive the market for LED
North America Outdoor LED Lighting Industry Overview
The North America Outdoor LED Lighting Market is moderately consolidated, with the top five companies occupying 59.07%. The major players in this market are ACUITY BRANDS, INC., Current Lighting Solutions, LLC., Dialight PLC, Panasonic Holdings Corporation and Signify Holding (Philips) (sorted alphabetically).
North America Outdoor LED Lighting Market Leaders
ACUITY BRANDS, INC.
Current Lighting Solutions, LLC.
Dialight PLC
Panasonic Holdings Corporation
Signify Holding (Philips)
Other important companies include Cree LED (SMART Global Holdings, Inc.), EGLO Leuchten GmbH, Feit Electric Company, Inc., LEDVANCE GmbH (MLS Co Ltd), NVC INTERNATIONAL HOLDINGS LIMITED.
*Disclaimer: Major Players sorted in alphabetical order.
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North America Outdoor LED Lighting Market News
- May 2023: Cyclone Lighting, a manufacturer of outdoor luminaires of Acuity brand, announced the debut of its Elencia luminaire. Outdoor post-top lighting has an upscale look due to high-performance optics and revised, modern lantern style.
- May 2023: Dialight, a company in hazardous and industrial LED lighting innovation, introduced the ProSite High Mast, an expansion of the company's extremely successful ProSite Floodlight range. This new model is carefully constructed to withstand mounting heights of up to 130 feet for a wide range of outdoor industrial applications such as airports, container yards, rail yards, product stockpiles, transportation, perimeter lighting, and parking applications. With a total lumen output of up to 65,000, the ProSite High Mast improves site security by providing uniform, crisp, and clear illumination.
- April 2023: Hydrel, an established innovator and producer of outdoor architectural and landscape lighting systems of Acuity brand, announced the addition of the M9700 RGBW fixture to its M9000 ingrade luminaire family.
Free with this Report
We provide a complimentary and exhaustive set of data points on the country and regional level metrics that present the fundamental structure of the industry. Presented in the form of 40+ free charts, the sections cover difficult to find data on various countries on Automotive Production, Lighting Electricity Consumption, Road Network, Number of Stadiums, Number of Charging Stations among others.
North America Outdoor LED Lighting Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Population
2.2. Per Capita Income
2.3. Total Import Of LEDs
2.4. Lighting Electricity Consumption
2.5. # Of Households
2.6. LED Penetration
2.7. # Of Stadiums
2.8. Regulatory Framework
2.8.1. United States
2.9. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
3.1. Outdoor Lighting
3.1.1. Public Places
3.1.2. Streets and Roadways
3.1.3. Others
3.2. Country
3.2.1. United States
3.2.2. Rest of North America
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)
4.4.1. ACUITY BRANDS, INC.
4.4.2. Cree LED (SMART Global Holdings, Inc.)
4.4.3. Current Lighting Solutions, LLC.
4.4.4. Dialight PLC
4.4.5. EGLO Leuchten GmbH
4.4.6. Feit Electric Company, Inc.
4.4.7. LEDVANCE GmbH (MLS Co Ltd)
4.4.8. NVC INTERNATIONAL HOLDINGS LIMITED
4.4.9. Panasonic Holdings Corporation
4.4.10. Signify Holding (Philips)
5. KEY STRATEGIC QUESTIONS FOR LED CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- HUMAN POPULATION IN MILLION, NUMBERS, NORTH AMERICA, 2017 - 2030
- Figure 2:
- PER CAPITA INCOME, USD, NORTH AMERICA, 2017 - 2030
- Figure 3:
- VALUE OF LED IMPORTS, USD MILLION, NORTH AMERICA, 2017 - 2030
- Figure 4:
- CONSUMPTION OF ELECTRICITY FOR LIGHTING, TWH, NORTH AMERICA, 2017 - 2030
- Figure 5:
- COUNT OF HOUSEHOLDS, MILLION, NORTH AMERICA, 2017 - 2030
- Figure 6:
- LED PENETRATION, %, NORTH AMERICA, 2017 - 2030
- Figure 7:
- COUNT OF STADIUMS, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 8:
- VOLUME SALES OF NORTH AMERICA OUTDOOR LED LIGHTING MARKET, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 9:
- VALUE SALES OF NORTH AMERICA OUTDOOR LED LIGHTING MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 10:
- VOLUME SALES OF LED FIXTURES BY OUTDOOR LIGHTING, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 11:
- VALUE SALES OF LED FIXTURES BY OUTDOOR LIGHTING, USD, NORTH AMERICA, 2017 - 2030
- Figure 12:
- VALUE SHARE OF LED FIXTURES BY OUTDOOR LIGHTING, %, NORTH AMERICA, 2017 - 2030
- Figure 13:
- VOLUME SHARE OF LED FIXTURES BY OUTDOOR LIGHTING, %, NORTH AMERICA, 2017 - 2030
- Figure 14:
- VOLUME SALES OF LED FIXTURES IN PUBLIC PLACES, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 15:
- VALUE SALES OF LED FIXTURES IN PUBLIC PLACES, USD, NORTH AMERICA, 2017 - 2030
- Figure 16:
- VALUE SHARE OF PUBLIC PLACES BY OUTDOOR LIGHTING, %, NORTH AMERICA, 2022 VS 2030
- Figure 17:
- VOLUME SALES OF LED FIXTURES IN STREETS AND ROADWAYS, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 18:
- VALUE SALES OF LED FIXTURES IN STREETS AND ROADWAYS, USD, NORTH AMERICA, 2017 - 2030
- Figure 19:
- VALUE SHARE OF STREETS AND ROADWAYS BY OUTDOOR LIGHTING, %, NORTH AMERICA, 2022 VS 2030
- Figure 20:
- VOLUME SALES OF LED FIXTURES IN OTHERS, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 21:
- VALUE SALES OF LED FIXTURES IN OTHERS, USD, NORTH AMERICA, 2017 - 2030
- Figure 22:
- VALUE SHARE OF OTHERS BY OUTDOOR LIGHTING, %, NORTH AMERICA, 2022 VS 2030
- Figure 23:
- VOLUME SALES OF LED FIXTURES BY COUNTRY, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 24:
- VALUE SALES OF LED FIXTURES BY COUNTRY, USD, NORTH AMERICA, 2017 - 2030
- Figure 25:
- VALUE SHARE OF LED FIXTURES BY COUNTRY, %, NORTH AMERICA, 2017 - 2030
- Figure 26:
- VOLUME SHARE OF LED FIXTURES BY COUNTRY, %, NORTH AMERICA, 2017 - 2030
- Figure 27:
- VOLUME SALES OF LED FIXTURES IN UNITED STATES, NUMBER, UNITED STATES, 2017 - 2030
- Figure 28:
- VALUE SALES OF LED FIXTURES IN UNITED STATES, USD, UNITED STATES, 2017 - 2030
- Figure 29:
- VOLUME SALES OF LED FIXTURES IN REST OF NORTH AMERICA, NUMBER, REST OF NORTH AMERICA, 2017 - 2030
- Figure 30:
- VALUE SALES OF LED FIXTURES IN REST OF NORTH AMERICA, USD, REST OF NORTH AMERICA, 2017 - 2030
- Figure 31:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, NORTH AMERICA, 2017 - 2030
- Figure 32:
- MOST ADOPTED STRATEGIES, COUNT, NORTH AMERICA, 2017 - 2030
- Figure 33:
- VALUE SHARE OF MAJOR PLAYERS, %, NORTH AMERICA, 2022
North America Outdoor LED Lighting Industry Segmentation
Public Places, Streets and Roadways, Others are covered as segments by Outdoor Lighting. United States are covered as segments by Country.
- In terms of value and volume, public spaces will account for the largest share in 2023, followed by streets and roadways. Market share is expected to decline slightly in public places and increase in streets and roadways in the next few years. In March 2021, the Canadian city of Laval approved plans to upgrade 37,000 street lights to LED lights with intelligent controls. Switching to LED lighting could save USD 2.75 million annually. These efforts are driving the adoption of LEDs in Canada.
- The COVID-19 pandemic caused major disruptions to the lighting industry supply chain, severely impacting the LED lighting market. The LED lighting demand in applications such as highway/street/road building exterior/architecture, car park/parking garages, airport fences, stadiums, and sports arenas mirrors the demand for smart metropolises. This market is expected to grow significantly in the coming years owing to increased connectivity, performance, effectiveness, and performance monitoring in the lighting sector.
- In terms of development and innovation, the Acuity brand outdoor lighting manufacturer Cyclone Lighting announced the debut of the Elencia lamp in 2023. Outdoor pole top lighting looks classy with high-performance optics and an improved modern lantern style. In 2021, LEDVANCE expanded its urban outdoor portfolio with modern highlight LED lights for applications such as streets, parking lots, sports fields, and other venues. These developments reflect the growing demand for LED lighting in the region.
| Outdoor Lighting | |
| Public Places | |
| Streets and Roadways | |
| Others |
| Country | |
| United States | |
| Rest of North America |
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Market Definition
- INDOOR LIGHTING - It incorporates all LED based lamps and fixtures/luminaire that are used to illuminate indoor section of residential, commercial, industrial buildings and agricultural lighting. LED offers efficient brightness with higher durability in comparison to other lighting technology.
- OUTDOOR LIGHTING - It incorporates the LED lighting fixtures that is used for illumination for exterior/outdoor illumination. For instance, LED lighting fixtures used to illuminate streets and highways, transport hubs, stadiums and other public places such as parking spaces.
- AUTOMOTIVE LIGHTING - It refers to the lighting fixtures installed for illumination and signaling purposes. It is used in both exterior and interior lighting of the vehicle. Headlamps, fog lamp, daytime running light (DRLs) are examples of exterior light whereas cabin light are interior lights.
- END USER - It refers to the end use application area where the LED fixture will be installed. For instance, in terms of indoor lighting, we have residential, commercial and industrial as end user category. For automotive lighting, primary end user considered are automotive manufacturers and aftermarket sale
| Keyword | Definition |
|---|---|
| Lumen | Lumen is a unit of luminous flux in the International System of Units that is equal to the amount of light given out through a solid angle by a source of one-candela intensity radiating equally in all directions. |
| Footcandle | A foot-candle (or foot-candle, fc, lm/ft2, or ft-c) is a measurement of light intensity. One foot-candle is defined as enough light to saturate a one-foot square with one lumen of light. |
| Colour Rendering Index (CRI) | Color Rendering Index (CRI) is a measurement of how natural colors render under an artificial white light source when compared with sunlight. The index is measured from 0-100, with a perfect 100 indicating that colors of objects under the light source appear the same as they would under natural sunlight. |
| Luminous flux | Luminous flux is a measure of the power of visible light produced by a light source or light fitting. It is measured in lumens (lm). |
| Annual Energy Cost | Annual Energy Cost means the average daily energy consumption multiplied by 365 (days per year), expressed in kilowatt hour per year (kWh/a). |
| Constant voltage drivers | Constant voltage drivers are designed for a single direct current (DC) output voltage. Most common constant voltage drivers (or Power Supplies) are 12VDC or 24VDC. An LED light that is rated for constant voltage usually specifies the amount of input voltage it needs to operate correctly. |
| Constant Current Driver | Constant current LED drivers are designed for a designated range of output voltages and a fixed output current (mA). LEDs that are rated to operate on a constant current driver require a designated supply of current usually specified in milliamps (mA) or amps (A). These drivers vary the voltage along an electronic circuit which allows current to remain constant throughout the LED system. |
| Minimum Energy Performance Standards (MEPS) | Minimum Energy Performance Standards specify the minimum level of energy performance that appliances and equipment must meet or exceed before they can supply or used for commercial purposes. |
| Luminous Efficacy | Luminous efficacy is a measurement commonly used in the lighting industry that indicates the ability of a light source to emit visible light using a given amount of power. |
| Solid State Lighting | Solid-state lighting (SSL) is a type of lighting that uses semiconductor light-emitting diodes (LEDs), organic light-emitting diodes (OLED), or polymer light-emitting diodes (PLED) as sources of illumination rather than electrical filaments, plasma (used in arc lamps such as fluorescent lamps), or gas. |
| Rated Lamp Life | Lamp life, also referred to as rated life, is the time in hours a lamp will last before a percentage of lamps will burn out. |
| Color Temperature | Colour temperature is a scale that measures how ‘warm’ (yellow) or ‘cool’ (blue) the light from a particular source is. It is measured in degrees of the Kelvin scale (abbreviated to K), and the higher the number, the ‘cooler’ the light. The lower the ‘K’ number, the ‘warmer’ the light. |
| Ingress Protection rating (IP rating) | The IP (Ingress Protection) rating of a bulb or light fixture declares the level of protection it has against dirt and water. |
| Fidelity Index | The general colour fidelity index, Rf, represents how closely the colour appearances of the entire sample set are reproduced (rendered) on average by a test light as compared to those under a reference illuminant. |
| Gamut Index | The gamut area is defined as “the area enclosed by a set of test color samples illuminated by a light source, in a two-dimensional chromaticity diagram or a plane of color space.”1 Within a defined color space, a “gamut” describes the subset of colors that can be perceived under specific lighting conditions. |
| Binning | In the lighting industry, the act of "binning" of LEDs is the process of sorting LEDs by certain characteristics, such as color, voltage, and brightness. |
| Accent lighting | Accent lighting, also called highlighting, emphasizes objects by focusing light directly on them. Accent lighting is used inside and outside the home to feature locations such as an entrance or to create dramatic effects. |
| Dimmable driver | A dimming driver has two functions: As a driver, it converts the 230V AC mains input to a low voltage DC output. As a dimmer, it reduces the amount of electrical energy flowing to the LEDs, thereby causing them to dim. |
| Flicker | Flicker is the repeated and frequent variation in the output of a light source over time. |
| Fluorescent | A property of materials defined as the ability to emit light after absorbing electromagnetic radiation such as visible or UV light. |
| Candela | The candela is the unit of luminous intensity in the International System of Units. It measures the light output per unit solid angle emitted from a light source in a specific direction. |
| LUX | Lux is used to measure the amount of light output in a given area - one lux is equal to one lumen per square meter. It enables us to measure the total "amount" of visible light present and the intensity of the illumination on a surface. |
| Uniformity (U0) | The uniformity of lighting has significant effects on visual performance in both indoor and outdoor areas. Uniformity (represented as U0) value can be found by dividing the minimum brightness (Emin) resulting from calculations according to the current lighting order, to the average brightness value (Eavg). |
| Visible Light Spectrum | The visible light spectrum is the segment of the electromagnetic spectrum that the human eye can view. More simply, this range of wavelengths is called visible light. Typically, the human eye can detect wavelengths from 380 to 700 nanometers. |
| Ambient Temperature | Ambient Temperature is the temperature of the air surrounding an electrical enclosure. |
| Current-controlled dimming control | Current-controlled dimming controls LED brightness by varying the applied current using a 0-10V dimmer. Current-controlled dimming is smooth and HD-video friendly. It can only dim to a minimum of 5% of light output. |
| Design Light Consortium | It is a partnership of energy efficiency stakeholders in the United States and Canada to “promote quality, performance and energy efficient lighting solutions for the commercial sector”. |
| Pulse Width Modulation | Pulse-width modulation, or pulse-duration modulation, is a method of controlling the average power delivered by an electrical signal. |
| Surface Mounted Device | A surface mount device (SMD) is an electronic device whose components are mounted or placed directly on the surface of a printed circuit board. |
| Alternating Current | Alternating current is an electric current which periodically reverses direction and changes its magnitude continuously with time, in contrast to direct current, which flows only in one direction. |
| Direct Current | Direct current (DC) is an electric current that is uni-directional, so the flow of charge is always in the same direction. |
| Beam Angle | Beam angle (also called beam spread) is a measure of how light is distributed. On any plane perpendicular to the centerline of the light, the beam angle is the angle between two rays where the light intensity is 50% of the maximum light intensity. |
| LED Based Solar High Mast Lighting Systems | A Solar LED High Mast Light is a raised source of High illumination lights (6~8 lights) and with high intensity on the middle of major junctions (Ring roads, Outer Ring roads), turned on or lit automatically in the absence of light (at specified timings or at periodic times, every night). |
| Surface Mounted Diode (SMD) LEDs | A surface mount diode is a type that emits light and is flat mounted and soldered onto a circuit board. |
| Chip on Board (COB) LEDs | A COB LED is basically multiple LED chips (usually 9 or more) glued directly onto a substrate by the manufacturer to form a single module. |
| Dual In-Line Package (DIP) LEDs | A dual in-line package (DIP or DIL) is an electronic component package with a rectangular case and two parallel rows of electrical connector pins. |
| Graphene LED Lights | A graphene LED light bulb is simply an LED light bulb where the filament has been coated in graphene. A graphene LED bulb is reported to be 10% more efficient than regular LED light bulbs and they are cheaper to manufacture and buy. |
| LED Corn Bulbs | LED Corn lights are designed as an energy efficient alternative to high intensity discharge (HID) and SON lamps. It uses a large number of LEDs on a metal structure to provide sufficient light. This arrangement of LEDs looks a lot like a corn cob, hence the name "corn light". |
| Per Capita Income | Per capita income or total income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size. |
| Charging Stations | A charging station, also known as a charging station or electric vehicle utility, is a power supply that provides electrical energy for charging plug-in electric vehicles. |
| Headlight | A headlight is a light that is mounted on the front of a car and illuminates the road in front of it. Low beam and high beam LED headlights are additional categories for these LED headlights. |
| Day Time Running Light (DRLs) | A daytime running lamp is a white, yellow, or amber lighting device mounted on the front of a road-going motor vehicle or bicycle. |
| Directional Signal Light | Directional signal lights are the front and rear lights on an automobile that flash to show the direction of a turn. |
| Stop Light | A red light that is mounted to the back of a car and turns on when the brakes are used to show that the car is stopped. |
| Reverse Light | The reverse light is at the back of the vehicle to indicate its backward motion. |
| Tail Light | A red light that can be seen in the dark is mounted on the rear of a road vehicle. Stop, reverse, and directional signal lights are all part of it. |
| Fog Light | Bright lights in automobiles used to increase visibility on the road in foggy conditions or to warn other drivers of the presence of the vehicle. |
| Passenger Vehicle | A passenger vehicle is a road vehicle, other than a moped or a motorcycle, intended for the transportation of people and designed for up to 8 to 9 seats. |
| Commercial Vehicle | A commercial vehicle (Bus, Truck, Van) is any type of motor vehicle used to transport goods or pay passengers. |
| Two Wheelers (2W) | A two-wheeler is a vehicle that runs on two wheels. |
| Streets & Roadways | Both roads and streets refer to hard, flat surfaces on the ground on which vehicles, people, and animals can travel. Since streetways are usually in cities and towns, they often have houses and buildings on both sides. The roadway is in the countryside and sometimes passes through forests and fields |
| Horticulture Lighting | Horticulture is the science and art of sustainably growing, producing, marketing and using high quality, intensively cultivated food and ornamental plants. |
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Research Methodology
Mordor Intelligence has followed the following methodology in all our data center reports.
- Step 1: Raw Data Collection: To understand the market, initially, all crtical data points were identified. Critical information about countries and regions of interest including Per-capita Income, Population, Automotive Production, Interest rate on Auto-Loans, Number of Automobiles on Road, Total LED Import, Lighting Electricity Consumption among others were recorded or estimated based on internal calculations.
- Step 2: Identify Key Variables: To build a robust forecasting model, key variables such as Number of Households, Automotive Production, Road Networks among others were identified. Through an iterative process, the variables required for the market forecast were set, and the model was built using these variables.
- Step 3: Build a Market Model: Based on data and critical industry trend data (variables), including LED pricing, LED penetration rate, and project macro and micor economic factors were utilized for building the market forecasting.
- Step 4: Validate and Finalize: In this crucial step, all market numbers and variables derived through an internal mathematical model were validated through an extensive network of primary research experts from all the markets studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step 5: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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