U.S. Lamps Market Size & Outlook, 2022-2030
The lamps market in the United States is expected to reach a projected revenue of US$ 2,814.2 million by 2030. A compound annual growth rate of 3.3% is expected of the United States lamps market from 2023 to 2030.
Revenue, 2022 (US$M)
$2,172.4
Forecast, 2030 (US$M)
$2,814.2
CAGR, 2023 - 2030
3.3%
Report Coverage
U.S.
U.S. lamps market, 2017-2030 (US$M)
U.S. lamps market highlights
- The U.S. lamps market generated a revenue of USD 2,172.4 million in 2022 and is expected to reach USD 2,814.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.3% from 2023 to 2030.
- In terms of segment, desk lamp was the largest revenue generating product in 2022.
- Floor Lamp is the most lucrative product segment registering the fastest growth during the forecast period.
Lamps market data book summary
| Market revenue in 2022 | USD 2,172.4 million |
| Market revenue in 2030 | USD 2,814.2 million |
| Growth rate | 3.3% (CAGR from 2022 to 2030) |
| Largest segment | Desk lamp |
| Fastest growing segment | Floor Lamp |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Desk Lamp, Floor Lamp |
| Key market players worldwide | Koninklijke Philips NV, OSRAM Licht AG, MillerKnoll Inc, Inter Ikea, Artemide, Haworth, Inc., Lutron Electronics, Koncept, OttLite Technologies |
Other key industry trends
- In terms of revenue, U.S. accounted for 16.1% of the global lamps market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. lamps market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 317.7 million by 2030.
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Lamps Market Scope
Lamps market segmentation & scope
Lamps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. lamps market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lamps market will help companies and investors design strategic landscapes.
Desk lamp was the largest segment with a revenue share of 51.81% in 2022. Horizon Databook has segmented the U.S. lamps market based on desk lamp, floor lamp covering the revenue growth of each sub-segment from 2017 to 2030.
- U.S. Lamps Product Outlook (Revenue, USD Million, 2017-2030)
- Desk Lamp
- Floor Lamp
- U.S. Lamps Type Outlook (Revenue, USD Million, 2017-2030)
- Reading Lamp
- Decorative Lamp
- U.S. Lamps Application Outlook (Revenue, USD Million, 2017-2030)
- Residential/Retail
- Commercial/Hospitality
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. lamps market , including forecasts for subscribers. This country databook contains high-level insights into U.S. lamps market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. lamps market size, by product, 2017-2030 (US$M)
U.S. Lamps Market Outlook Share, 2022 & 2030 (US$M)
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