North America Kitchen Lighting Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (General Kitchen Lighting, Task Kitchen Lighting, and Decorative Kitchen Lighting), Source (Fluorescent and LED and OLED), and Product (Island Lights, Pendant Lights, Ceiling Lights, Chandeliers, Track Lighting, Under Cabinet Lighting, and Others)
The kitchen lighting market in North America is expected to grow from US$ 5,066.27 million in 2021 to US$ 8,208.52 million by 2028; it is estimated to grow at a CAGR of 7.1% from 2021 to 2028.
The adoption of LED lights is growing rapidly, and it is transforming the definition and scope of lighting technology. LEDs dramatically reduce energy consumption and help save money by cutting power costs, with an estimated energy efficiency of 80–90% compared to traditional light bulbs. The LED lights are 80% more efficient, and far more environmentally friendly than fluorescent and incandescent lights. These lights have a slightly higher initial cost, but their energy efficiency and longevity make up for it. Due to their longer life and light output per kilowatt, LEDs provide a substantially faster return on investment. Traditional lights and CFLs require frequent replacements than LED lights built. Given the additional savings achieved from decreased power costs, every segment of society gains from their adoption. Moreover, government regulations have a significant role in the prospering adoption of LEDs in various applications. New rules proposed by governments and regulatory bodies in the US and Canada upon the use of efficient lighting have paved the growth path for the market for LED lighting. To meet the increased demand, manufacturers have extended their LED product lines in the last few years by inventing new fixtures and purchasing other existing businesses in the lighting marketplace. Governments of a few countries have enacted legislation mandating the phase-out of incandescent bulbs. As a result, incandescent lighting is likely to become obsolete in the future. LED lighting's widespread adoption has the potential to save a lot of energy. According to the US Department of Energy, by 2035, LED lighting is anticipated to be used in most lighting installations, and yearly energy savings from LED lighting might reach 569 TWh, with the annual energy output equivalent to more than 92 1,000-MW power plants. The kitchen lighting market is growing with the rising adoption of LEDs and developments in lighting fixtures.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America kitchen lighting market during the forecast period.
North America Kitchen Lighting Market Revenue and Forecast to 2028 (US$ Million)
North America Kitchen Lighting Market Segmentation
North America Kitchen Lighting Market, by Type
- General Kitchen Lighting
- Task Kitchen Lighting
- Decorative Kitchen Lighting
North America Kitchen Lighting Market, by Source
- Fluorescent
- LED and OLED
North America Kitchen Lighting Market, by Product
- Island Lights
- Pendant Lights
- Ceiling Lights
- Chandeliers
- Track Lighting
- Under Cabinet Lighting
- Others
North America Kitchen Lighting Market, by Country
- US
- Canada
- Mexico
North America Kitchen Lighting Market – Companies Mentioned
- Cree Lighting
- OSRAM Licht AG
- Panasonic Corporation
- Signify Holding (Philips)
- Hubbell Incorporated
- Lutron Electronics Co., Inc
- ACUITY BRANDS, INC.
- GE Lighting
- Kichler Lighting LLC
- Häfele GmbH & Co KG
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Kitchen Lighting Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Kitchen Lighting Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Raising proliferation of LED in Kitchen Lighting
5.1.2 Surging Number of Residential Construction Projects
5.2 Market Restraints
5.2.1 Higher Cost of Kitchen Lighting
5.3 Market Opportunities
5.3.1 Fostering Growth in E-Commerce
5.4 Future Trends
5.4.1 Growing Advancements in Kitchen Lighting
5.5 Impact Analysis of Drivers And Restraints
6. North America Kitchen Lighting – Market Analysis
6.1 North America Kitchen Lighting Market Overview
6.2 North America Kitchen Lighting Market Revenue Forecast and Analysis
7. North America Kitchen Lighting Market Analysis – by Type
7.1 Overview
7.2 North America Kitchen Lighting Market, by Type
7.3 General Kitchen Lighting
7.3.1 Overview
7.3.2 General Kitchen Lighting: Kitchen Lighting Market– Revenue and Forecast to 2028 (US$ Million)
7.4 Task Kitchen Lighting
7.4.1 Overview
7.4.2 Task Kitchen Lighting: Kitchen Lighting Market– Revenue and Forecast to 2028 (US$ Million)
7.5 Decorative Kitchen Lighting
7.5.1 Overview
7.5.2 Decorative Kitchen Lighting: Kitchen Lighting Market– Revenue and Forecast to 2028 (US$ Million)
8. North America Kitchen Lighting Market – by Source
8.1 Overview
8.2 North America Kitchen Lighting Market, by Source
8.3 Fluorescent
8.3.1 Overview
8.3.2 Fluorescent: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
8.4 LED and OLED
8.4.1 Overview
8.4.2 LED and OLED: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Kitchen Lighting Market – by Product
9.1 Overview
9.2 North America Kitchen Lighting Market, by Product
9.3 Island Lights
9.3.1 Overview
9.3.2 Island Lights: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Pendant Lights
9.4.1 Overview
9.4.2 Pendant Lights: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Ceiling Lights
9.5.1 Overview
9.5.2 Ceiling Lights: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Chandeliers
9.6.1 Overview
9.6.2 Chandeliers: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Track Lighting
9.7.1 Overview
9.7.2 Track Lighting: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Under Cabinet Lighting
9.8.1 Overview
9.8.2 Under Cabinet Lighting: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Kitchen Lighting Market – Country Analysis
10.1 Overview
10.1.1 North America: Kitchen Lighting Market, by Key Country
10.1.1.1 US: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Kitchen Lighting Market, by Type
10.1.1.1.2 US: Kitchen Lighting Market, by Source
10.1.1.1.3 US: Kitchen Lighting Market, by Product
10.1.1.2 Canada: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Kitchen Lighting Market, by Type
10.1.1.2.2 Canada: Kitchen Lighting Market, by Source
10.1.1.2.3 Canada: Kitchen Lighting Market, by Product
10.1.1.3 Mexico: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Kitchen Lighting Market, by Type
10.1.1.3.2 Mexico: Kitchen Lighting Market, by Source
10.1.1.3.3 Mexico: Kitchen Lighting Market, by Product
11. Company Profiles
11.1 ACUITY BRANDS, INC.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Cree Lighting
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 OSRAM Licht AG
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 GE Lighting
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Panasonic Corporation
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Signify Holding (Philips)
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Hubbell Incorporated
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Kichler Lighting LLC
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Lutron Electronics Co., Inc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Häfele GmbH & Co KG
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. North America Kitchen Lighting Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Kitchen Lighting Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Kitchen Lighting Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Kitchen Lighting Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Kitchen Lighting Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Kitchen Lighting Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Kitchen Lighting Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Kitchen Lighting Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Kitchen Lighting Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Kitchen Lighting Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Kitchen Lighting Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Kitchen Lighting Market Segmentation
Figure 2. North America Kitchen Lighting Market Segmentation – by Country
Figure 3. North America Kitchen Lighting Market Overview
Figure 4. North America Kitchen Lighting Market, by Type
Figure 5. North America Kitchen lighting Market, by Country
Figure 6. North America – PEST Analysis
Figure 7. Kitchen lighting Market- Ecosystem Analysis
Figure 8. North America Kitchen Lighting Market: Impact Analysis of Drivers and Restraints
Figure 9. North America Kitchen Lighting Market Revenue Forecast and Analysis (US$ Million)
Figure 10. North America Kitchen Lighting Market Revenue Share, by Type (2020 and 2028)
Figure 11. General Kitchen Lighting: Kitchen Lighting Market– Revenue and Forecast to 2028 (US$ Million)
Figure 12. Task Kitchen Lighting: Kitchen Lighting Market– Revenue and Forecast to 2028 (US$ Million)
Figure 13. Decorative Kitchen Lighting: Kitchen Lighting Market– Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Kitchen Lighting Market Revenue Share, by Source (2020 and 2028)
Figure 15. Fluorescent: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. LED and OLED: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Kitchen Lighting Market Revenue Share, by Product (2020 and 2028)
Figure 18. Island Lights: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Pendant Lights: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Ceiling Lights: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Chandeliers: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Track Lighting: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Under Cabinet Lighting: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Others: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Geographic Overview of North America Kitchen Lighting Market
Figure 26. North America: Kitchen Lighting Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. US: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Canada: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Mexico: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
- Cree Lighting
- OSRAM Licht AG
- Panasonic Corporation
- Signify Holding (Philips)
- Hubbell Incorporated
- Lutron Electronics Co., Inc
- ACUITY BRANDS, INC.
- GE Lighting
- Kichler Lighting LLC
- Häfele GmbH & Co KG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America kitchen lighting market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America kitchen lighting market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the kitchen lighting market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution