Table of Contents
Lights out: Industry revenue will decline due to the rising popularity of LED-lighting systems
Lighting & Bulb Manufacturing in the US
In the five years to 2016, the industry has struggled with rising import penetration and increasing input costs, which constrained revenue and profit growth. Additionally, the increasing substitution of LEDs for traditional lighting systems has dramatically reduced demand for industry products. As a result, industry revenue is expected to decrease in the five years to 2016. Poor industry performance is expected to continue over the next five years, as contractors and homeowners alike are expected to increasingly opt for LED-lighting systems over industry products, significantly reducing downstream demand. As a result, industry revenue is projected to decrease over the five years to 2021.
Operators in this industry manufacture a range of products, including electric light bulbs, tubes, parts and components. However, this industry excludes light-emitting diode (LED) and lighting fixture manufacturers; LED systems are included in the Semiconductor & Circuit Manufacturing industry (IBISWorld report 33441a).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Glass Product Manufacturing in the US
Semiconductor & Circuit Manufacturing in the US
Lighting Fixtures Manufacturing in the US
Automobile Electronics Manufacturing in the US
Global Computer Hardware Manufacturing
Electric Lighting Equipment Manufacturing in Australia
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