LED Lamp General Lighting in the USA Market Forecast and Analysis

The total market value of LED lamps installed in the General Lighting segment at United States reached USD 1.22 billion in 2014. The consumption value of LED lamps installed during the year 2019 is forecast to reach around USD 3.36 billion, representing a strong average annual growth rate of 22.4 percent (2014-2019). The consumption value is forecast to increase with strongly rising quantity growth slightly offset by declining average prices of the LED lamps.  Market forecast data in this report refers to consumption (use) for a particular calendar year and hence this data is not cumulative data.