The total US lighting market is estimated to be worth around USD 26 billion in 2022. This value includes lighting fixtures and lamps. The US lighting market during 2022 registers a 6.5% growth in nominal terms as for lighting fixtures (consumer, professional, outdoor), up to 23.2 billion USD. The lamps market registers a decrease (about -2.9%). The residential segment has grown well above the market average (+5.9% on average over the last five years). In 2022, the weight of Office and Entertainment on the overall commercial lighting market has declined, while Hospitality and Public premises grew. In 2022, the value of completed construction grew by more than 10 percent to nearly USD 1.8 billion
The Report, now at its fifth edition, analyses the lighting fixtures and LED market in 5 Latin America countries (Argentina, Brazil, Chile, Colombia, Mexico), a market with an estimated consumption (at production prices) that, in 2021, amounts to USD 4,360 million. For each country: Basic data and market structure, Activity trend and market drivers, International trade, Competitive System and distribution channels
