North America Commercial LED Lighting Market With Top Countries Data, Industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast
The North American commercial LED lighting market (henceforth, referred to as the ‘market studied’) is expected to register a CAGR of 9.8%, over the forecast period. Technological advancements and rising concerns over environmental protection have increased the need for energy-efficient lighting products, among industrial, commercial, and residential applications, across North America.
In the United States, all electrically controlled devices, including LED light bulbs, must meet the minimum safety standards. The regulations regarding these safety standards are covered in the United States by laws, such as the Occupational Safety and Health Act (OSHA), Code of Federal Regulations (CFR), and standards, such as the National Electric Code (NEC). The growing consumer awareness about the environment and the durability of these lights, along with the government mandates for energy efficiency, are the drivers for the growing adoption of LEDs in the region.
Canada is anticipated to grow at a faster pace, over the forecast period. The growth in the region can be attributed to the rise in real estate infrastructure development and investments across Vancouver and Toronto. The increasing adoption of advanced A-lamps and T-lamps across commercial space is driving the market growth in the region.
LED lighting is energy-save and eco-friendly, have long life span. We manufacture LED lightings for shelf, commercial refrigerator, freezer, coldroom/coldstorage, and also have strip light and high bay. Hope we have opportunity to serve you.