North America LED Lighting Market: By Product Type (Lamps (A-Lamps, T-Lamps, Others), Luminaires (Streetlights, Downlights, Troffers, Others), By Application (Residential, Commercial, Industrial, Roads and Highways, Streets, Stadiums, Parking lots, Tunnels, Others) and Country Forecast 2020-2031

North America LED Lighting Market size was valued at US$ 5,905.9 million in 2024 and is expected to reach US$ 11,147.7 million by 2031, growing at a significant CAGR of 9.5% from 2025-2031. The global market report provides a thorough overview of the Market, which can be segmented by Product, Application, and Country. Based on the Product, the Market is segmented into Lamps and Luminaries. In the historic years of 2017-2021, the luminaries in the USA held a constant market share of more than 50% and are also expected to maintain their performance. This consistency is backed by increased demand for downlights and troffer in indoor applications. Different new product introduction in the market is another reason for this segments boost. Based on applications, the Market is segmented into Residential, Commercial, Industrial, Roads and Highways, Streets, Stadiums, Parking lots, Tunnels, and Others. Commercial & Industrial applications and outdoor applications are both expected to boost due to the adaptation of LED lights over other forms of the light source in the target of optimising power use.