Reduction in Prices of LED, Low Market Penetration and Increasing Awareness campaigns about Energy Savings Supported the Sales of LED in US: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit As per the report titled “US LED Lighting Market Outlook to 2021” by Ken Research, the overall LED lighting market of the US is expected to generate revenue of USD 23.6 billion by 2021 by growing at an expected 5 year CAGR of 25.7%. The US, being considered as the most developed country of the world has witnessed a positive change in terms of energy saving programs. The Federal Energy Management Program (FEMP) of the US government helps organizations and agencies in achieving their energy related goals and requirements along with the reduction of greenhouse effects. Many NGOs have tied up with the government to make people aware about the energy conservation techniques, out of which using LEDs is one such way. LED lights are considered to be 80% more efficient than regular lighting methods used by people. Since they are expensive, they are often offered at subsidized prices with other benefits so that the people can afford and switch to low energy consumption techniques. For instance, corporate tax incentives are provided to the companies in Kentucky if they use LED lights in their offices. People of the US are connected with various organizations to make them aware about the ways in which they can reduce their energy consumption. This has been a significant trend wherein both LED manufacturing companies and the government are trying to make people know about the positive impacts of using these lights over traditional means. In order to make people aware, the government has also adopted to use LED lights for street lighting purposes. This builds trust among people that the lights are safe and energy efficient as the government is also using the similar technology The US and many countries in the European Union have instituted plans to institute, government regulations and programs designed to encourage or mandate increased energy efficiency in lighting. These actions include in certain cases banning the sale after specified dates of certain forms of incandescent lighting, which is advancing the adoption of more energy efficient lighting solutions such as LEDs. In addition, the growing demand for electricity is increasingly driving utilities and governmental agencies to provide financial incentives such as rebates for energy efficient lighting technologies in an effort to mitigate the need for investments in new electricity generation capacity. Despite the efforts of government and LED manufacturing companies to shift people from traditional lighting to energy saving LED lights, there still has been a low penetration of LED lighting techniques in the US according to Research Analyst at Ken Research. The overall electricity market is driven by the ongoing ways of fluorescent lights wherein the market players in the LED manufacturing sector are trying to penetrate the market by making people aware about the benefits associated with using such lights. Low penetration of each type of LED light in the market is considered to be the most crucial challenge in the industry. Key Topics Covered in the Report: Led Lighting in the US United States Led Industry Global Led Lighting Market Technology Led Lighting US Led Lamps Market Trends US US Led Lighting Market Worth US Led Lighting Manufacturers Lighting & Bulb Manufacturing in the US Industrial & Commercial Led Lighting Market Led Lamps Revenue US Cree Led Lights Sales in United States Philips Revenue Led Lights For more coverage click on the link below: https://www.kenresearch.com/consumer-products-and-retail/consumer-electronics/us-led-lighting-market-report/96117-95.html Related Reports https://www.kenresearch.com/consumer-products-and-retail/consumer-electronics/south-korea-led-lighting-market-research-report/532-95.html https://www.kenresearch.com/energy-and-utilities/power/india-led-lighting-market-research-report/617-103.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Competition Lighting Products US, Cree Led Lights Sales in United States, Future Revenue US Led Lights, Global Led Lighting Market, Indoor Led Lighting Market US, Industrial & Commercial Led Lighting Market, Led A-Type Sales in US, Led Decorative Market in The US, Led Directional Revenue in US, Led Lamps Market Trends US, Led Lamps Revenue US, Led Lighting in The US, Led Linear Fixtures Market Revenue, Led Parking Garage Manufacturers in US, Led Small Directional Revenue US, Led Troffers Sales in the US, LED Tubes Sales in US, Lighting & Bulb Manufacturing in the US, Lighting Science Group Corporation Competition Led, Market New Products Led Lights, Market Share US Led Lights, Osram Market Share Led US, Outdoor Area Lights Market US, Philips Revenue Led Lights, Roadway Fixtures Segment Growth, Smart Lighting Market and Technology Trends, Statistics US Led Lighting, Technology Led Lighting US, United States Led Industry, United States Led Lighting Market, US Led Downlights Market Segment, US Led Lighting Manufacturers, US Led Lighting Market, US Led Lighting Market Share, US Led Lighting Market Worth, US Led Luminaires Market, US Led Reflectors Market Growth, US Lighting Fixtures and Luminaires Market Trends