U.S. Lightning Product Market

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U.S. LIGHTNING PRODUCT MARKET
ANALYSIS

• U.S. Lightning Product Market, by Standalone
  Type(LED Tubes and Bulbs(T8 LED Tube and Bulbs
  and Others (Incandescent, High Intensity
  Discharge)), By Lighting Fixture (Ceiling
  Fixtures, Recessed Lighting Fixture, Strip Light
  Fixture and Others (Chandeliers, Pendants,
  etc.)), by Application (Residential Lighting
  (Table Lamps, Floor Lamps and Desk Lamps),
  Commercial Lighting, Industrial Lighting and
  Outdoor Lighting), and by Retailers(The Home
  Depot, Lowe's Companies, Inc., Target, Wal-Mart,
  Bed Bath and Beyond, Sams Club, Costco and
  Menards) - Size, Share, Outlook, and Opportunity
  Analysis, 2019 - 2027

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• Market Overview
• The U.S. Lightning Product Market was accounted
  for US 221.8 Mn in terms of value and 4,829.5 Mn
  units in terms of volume in 2019 and is expected
  to grow at CAGR of 4.9 for the period 2019-2027.
• Market Dynamics Drivers
• Growing adoption in non-residential building
  construction is expected to drive growth of the
  U.S. lighting product market
• Increasing demand for LED lighting fixtures is
  expected to propel the U.S. lighting product
  market growth over the forecast period

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• Market Dynamics Restraints
• Significant decline in new residential
  constructions is expected to hamper the U.S.
  lighting product market growth over the forecast
  period
• High initial cost of LED lighting fixtures is
  expected to restrain growth of the U.S. lighting
  product market during the forecast period

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• Market Opportunities
• Advent of solar-powered lighting product can
  present major growth opportunities
• Introduction of smart lighting offer lucrative
  business opportunities

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Figure 1. Market Opportunity
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Market Trends

• Rising adoption of outdoor LED floor lights
• Growing trend of customizable lighting fixtures
• Value Chain Analysis
• The supply chain management plays an important
  role in growth of the retailers operating in this
  market. In order to get more productivity and
  better gross margin, efficient supply chain
  management particularly inventory management is
  essential

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Figure 2. Lightning Product Market
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• Figure 3. Segmentation Information

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• Competitive Section
• Major companies operating in the U.S. lighting
  product market are Menards, Acuity Brands
  Lighting, Inc., Signify Holding, LSI Industries
  Inc., The Home Depot, Costco, Lowe's Companies,
  Inc., Wal-Mart, Sam's Club, Target, and Bed Bath
  Beyond.

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