The forecasted import value of machines to assemble electric lamps in glass envelopes to the US is set to grow steadily from $17,050 in 2024 to $20,580 by 2028. This reflects an annual average growth rate (CAGR) of approximately 5% over this five-year period. In 2023, the import value was recorded at $16,158.
Year-on-year growth is expected to be consistent, starting at 5.33% from 2024 to 2025 and slightly decreasing in the following years.
Trends to watch for include technological advancements in lamp assembly, potential trade policy changes, and shifts in demand due to evolving energy efficiency standards.