U.S.: Market for Residential, Commercial and Industrial Lighting Fixture 2025

Market Size for Residential, Commercial and Industrial Lighting Fixture in the U.S.

The U.S. market for residential, commercial and industrial lighting fixture expanded sharply to $X in 2021, surging by 9.2% against the previous year. Overall, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +14.2% against 2019 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Production of Residential, Commercial and Industrial Lighting Fixture in the U.S.

In value terms, production of residential, commercial and industrial lighting fixture contracted to $X in 2021. The total output value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by 9.5%. Production of peaked at $X in 2020, and then reduced modestly in the following year.

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports from the U.S.

In 2021, shipments abroad of residential, commercial and industrial lighting fixture increased by 3.2% to X units, rising for the second year in a row after five years of decline. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 17%. Over the period under review, the exports of reached the maximum at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of residential, commercial and industrial lighting fixture soared to $X in 2021. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports of hit record highs at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for exports of residential, commercial and industrial lighting fixture from the United States, with a 81% share of total exports. Moreover, exports of residential, commercial and industrial lighting fixture to Canada exceeded the volume sent to the second major destination, Mexico (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled +1.2%.

In value terms, Canada ($X) remains the key foreign market for residential, commercial and industrial lighting fixture exports from the United States, comprising 72% of total exports. The second position in the ranking was taken by Mexico ($X), with a 7.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at +1.5%.

Export Prices by Country

The average export price for residential, commercial and industrial lighting fixture stood at $X per unit in 2021, surging by 16% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2015 when the average export price increased by 19%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Canada totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.2%).

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports into the U.S.

Imports of residential, commercial and industrial lighting fixture into the United States expanded markedly to X units in 2021, with an increase of 9.5% on 2020. In general, imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 75%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of residential, commercial and industrial lighting fixture soared to $X in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports of attained the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of residential, commercial and industrial lighting fixture to the United States, with a 74% share of total imports. Moreover, imports of residential, commercial and industrial lighting fixture from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), sixfold. The third position in this ranking was held by Vietnam (X units), with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+3.9% per year) and Vietnam (+62.7% per year).

In value terms, China ($X) constituted the largest supplier of residential, commercial and industrial lighting fixture to the United States, comprising 57% of total imports. The second position in the ranking was taken by Mexico ($X), with a 23% share of total imports. It was followed by Canada, with a 7% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+5.3% per year) and Canada (+8.1% per year).

Import Prices by Country

In 2021, the average import price for residential, commercial and industrial lighting fixture amounted to $X per unit, surging by 5.4% against the previous year. Overall, the import price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 11% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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