Latest Report Update: Sep 8, 2021

U.S. Residential Electric Lighting Fixture Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Article Publishing Date: Oct 31, 2018

U.S. Residential Electric Lighting Fixture Market: A Moderate Expansion Powered By Robust Construction Growth

Webinar: Global Lithium Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global lithium carbonate market.

Thursday, September 30th, 2021 @ 10:00 am ET

Register Now

IndexBox has just published a new report "U.S. Residential Electric Lighting Fixture Market. Analysis And Forecast to 2025". Here is a summary of the report’s key findings

The U.S. Residential Electric Lighting Fixture Market Has Now Reached Its Peak

In 2017, the U.S. residential electric lighting fixture market totalled $X in wholesale prices, a growth of $X (or X%) against the previous year figure. This figure reflects the total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period from 2010 to 2015, the market value recovered after suffering a X% slump from 2008-2009, against improved U.S. economic performance. This, in turn, spurred the expansion of residential construction. After exceeding the pre-crisis figure in 2015, the market plunged once again, reflecting the weaker period of economic growth observed in 2016. By 2017, the market had started to experience renewed growth; this lead the market to its peak figure over the last nine year period. As a result, the residential electric lighting fixture market exceeded the outset figure by X% in 2017. 

The Market Is Projected to Reach $X 

Residential electric lighting fixtures are used in housing premises. As a rule, new housing construction projects or the repair of existing housing stock can explain the main reasons for their procurement. The performance of the residential construction sector, therefore, determines the fundamental forces governing the residential electric lighting fixture market. 

From 2015-2016, the residential electric lighting fixture market increased at a robust pace, due to the propitious housing market. The housing market in the United States is predicted to remain strong. An approximate +X% increase in the national median existing-home price this year is projected by the National Association of Realtors. Furthermore, an approximately +X% growth in sales is expected this year, amounting to X million and a further +X% growth to X million in 2018. The increasing number of house sales was mainly due to increasing employment, as well as low mortgage interest rates.

Driven by the current economic recovery in the U.S., the construction and household sector as a whole is expected to continue an upward consumption trend over the next eight years. Strong employment growth is one of the main drivers that may lead to new income growth, providing a solid base for consumer spending. Another motive is easy credit availability, which creates big-ticket spending for end-use products, residential housing that in turn will influence the growth in demand for residential electric lighting fixture.

Market performance is forecast to grow with an anticipated CAGR of +X% from 2017 to 2025, which is projected to lead the market volume to $X by the end of 2025.

Production Still Lags Behind Pre-Crisis Figures 

U.S. residential electric lighting fixture manufacturing stood at $X  in 2017. The production value demonstrated a downward trend from 2008-2013; it then recovered over the next two years, levelling off through to 2017. Residential electric lighting fixture production still remained $X (or X%) less than the outset level and does not currently indicate any potential for recovery. 

The Production Structure Is Dominated by Non Portable Residential-Type Electric Lighting Fixtures

The residential electric lighting fixture category is an aggregate category. In this report, the total value of production is divided into categories: residential-type electric lighting fixtures (excluding portable), including parts and accessories and residential-type portable lighting fixtures, including parts and accessories.

Residential-type electric lighting fixtures (excluding portable), including parts and accessories accounted for the highest share (X% in 2017) of U.S residential electric lighting fixture manufacturing, followed by residential-type portable lighting fixtures, including parts and accessories (X%). The share of both of these categories increased, while residential electric lighting fixture manufacturing, nsk saw its share reduced. 

Approx. X% of the Market Was Buoyed by Imports from China

The share of imports in U.S. residential electric lighting fixture consumption stood at X% in 2017. Due to a high trade intensity, imports should be regarded as a strong factor influencing U.S. market dynamics in the medium term. Moreover, the U.S.’s main trading partner is China, and Chinese products assumed a X% share of the residential electric lighting fixture market in the U.S. 

Exports of Residential Electric Lighting Fixtures from the U.S. Declined Sharply

From 2007 to 2017, official statistics do not indicate any export supplies of residential electric lighting fixtures from the U.S. Therefore, the value of exports was estimated based on the figures of the general category of electric lighting products. According to this estimation, the value of exports of residential electric lighting fixtures amounted to $X, contracting sharply over the last year. Previously it experienced a steady growth from 2010 to 2016.

As for the total exports of сommercial, residential, industrial and institutional electric lighting fixtures amounted to $X, slightly contracting over the last two year. Previously it experienced a steady growth from 2010 to 2015.  In physical terms, exports stood at X units, remaning relatively stable over the last year.

The main destination of the U.S. сommercial, residential, industrial and institutional electric lighting fixtures exports was Canada ($X), amounting to X% of total exports. It was distantly followed by Mexico (X%), the UK (X%) and the UAE (X%). From 2007 to 2017, the highest annual growth rates of exports was in Mexico (+X%), while the other countrie salso had positive dynamics of exports – the UK (+X%), Canada (+X%), the UAE (+X%).

China Emerged as Major Supplier of  Residential Electric Lighting Fixtures onto the U.S. Market

In 2017, U.S. residential electric lighting fixture imports expanded to $X, a X% growth against the previous year. Despite declining slightly in 2016, since 2010, imports have increased. In physical terms, however, imports failed to reached its pre-crisis level, totaling X units in 2017.

In 2017, China ($X) dominated amongst the main suppliers of residential electric lighting fixtures into the U.S., comprising X% of the total imports value. Imports from China indicated a moderate growth by +X% from 2007 to 2017. The other suppling countries were Mexico (X%) and India (X%), whereas the remaining countries recorded an insignificant share in the total U.S. imports. 

Do you want to know more about the global residential electric lighting fixture market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • residential electric lighting fixture market share
  • residential electric lighting fixture prices
  • residential electric lighting fixture industry
  • residential electric lighting fixture sales
  • residential electric lighting fixture import
  • residential electric lighting fixture export
  • residential electric lighting fixture market forecast
  • residential electric lighting fixture price forecast
  • key residential electric lighting fixture producers

Source: IndexBox Platform

Product coverage:
• NAICS 335121 - Residential electric lighting fixture manufacturing

This report provides an in-depth analysis of the market for residential electric lighting fixture in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Companies mentioned:
• The L D Kichler Co
• Feit Electric Company
• Swarovski Lighting
• Insight Lighting
• Louis Poulsen USA Inc.
• Evolution Lighting
• B-K Lighting
• Sea Gull Lighting Products
• Premier Manufacturing Group
• Hubbardton Forge
• Afx
• Visual Comfort of America
• Lights of America
• Maxim Lighting International
• Stylecraft Home Collection
• The Richard John Collection
• Atlas Lighting Products
• Blumberg Industries
• Robert Abbey
• Lava Lite
• Mario Industries of Virginia
• American Lighting Fixture Corp.
• Washoe Equipment
• Progress Lighting
• Vestor Partners
• Nulco Mfg. Corp.
• Troy-Csl Lighting
• Jimco Lamp & Manufacturing Co
• Quality Home Brands Holdings
• Maxim Lighting
• Austin Lighting Products
• Lampcrafters
• Stein World Operating Company

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013-2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013-2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013-2020
Figure 5:
Trade Balance, In Physical Terms, 2013-2020
Figure 6:
Trade Balance, In Value Terms, 2013-2020
Figure 7:
Per Capita Consumption, 2013-2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020

Webinar: Global Lithium Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global lithium carbonate market.



Thursday, September 30th, 2021 @ 10:00 am ET


Register

Webinar: Global Cement Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cement market.



Thursday, September 23rd, 2021 @ 10:00 am ET


Register

Webinar: Global Biomass Market - Statistics, Regulation, and Outlook



Join our live webinar to get insights into the global biomass market.



Thursday, October 14th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data