North America Specialty Lighting Market Size & Outlook

The specialty lighting market in North America is expected to reach a projected revenue of US$ 3,086.7 million by 2027. A compound annual growth rate of 6.6% is expected of North America specialty lighting market from 2021 to 2027.
Revenue, 2020 (US$M)
$1,968.9
Forecast, 2027 (US$M)
$3,086.7
CAGR, 2021 - 2027
6.6%
Report Coverage
North America

North America specialty lighting market highlights

  • The North America specialty lighting market generated a revenue of USD 1,968.9 million in 2020.
  • The market is expected to grow at a CAGR of 6.6% from 2021 to 2027.
  • In terms of segment, led was the largest revenue generating light type in 2020.
  • LED is the most lucrative light type segment registering the fastest growth during the forecast period.
  • Country-wise, Canada is expected to register the highest CAGR from 2021 to 2027.


North America data book summary

Market revenue in 2020USD 1,968.9 million
Market revenue in 2027USD 3,086.7 million
Growth rate6.6% (CAGR from 2020 to 2027)
Largest segmentLed
Fastest growing segmentLED
Historical data covered2018 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationLED
Key market players worldwideCree LED, Getinge AB ADR, Integra LifeSciences, OSRAM Licht AG, Signify NV, Steris PLC, Ushio Inc, Advanced Specialty Lighting, Brandon Medical, Waldmann Lighting


Other key industry trends

  • In terms of revenue, North America region accounted for 35.4% of the global specialty lighting market in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,846.0 million by 2027.

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Specialty Lighting Market Scope

Specialty lighting market segmentation & scope
LED
Others
Entertainment
Medical
Purification
Others
Surgical Lighting
Examination Lighting

Specialty Lighting Market Companies

Name Profile # Employees HQ Website

North America specialty lighting 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 specialty lighting market will help companies and investors design strategic landscapes.


Led was the largest segment with a revenue share of 65.61% in 2020. Horizon Databook has segmented the North America specialty lighting market based on led covering the revenue growth of each sub-segment from 2018 to 2027.


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  • Our clientele includes a mix of specialty lighting market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America specialty lighting market, including forecasts for subscribers. This continent databook contains high-level insights into North America specialty lighting market from 2018 to 2027, including revenue numbers, major trends, and company profiles.

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North America specialty lighting market size, by country, 2018-2027 (US$M)

North America Specialty Lighting Market Share, 2020 & 2027 (US$M)

North America specialty lighting market size, by country, 2018-2027 (US$M)

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