In 2016, the US production of lighting fixtures amounted to USD 12.9 billion. In 2015, it overcame the pre-crisis level and in 2016 continued its positive trend (+11.6% on the previous year). More specifically, the production of residential lighting remained stable, ending the negative trend that characterized the previous years; while the production of professional luminaires kept on growing at high rates. On the other hand, international trade faced a setback as both imports and exports contracted by respectively 9% and 8%. The value of domestic market in 2016 is estimated to be USD 20.3 billion, with a 3% increase compared to 2015.

Even if positive, the growth registered in 2016 is much lower than the rates characterizing the previous years. Such a slowdown can be explained partly by the contraction of international trade and partly because of a softness in market demand that began in the second half of 2016. Such a weakness in internal demand is expected to continue in 2017, for which the report estimates an even slower growth (+2%). The market is expected to pick up in 2018 (+3.5%) and further improve in 2019 and 2020 (+4% each).

The LED-based segment reached 51.4% of the total market in 2016; it has been growing especially for the outdoor lighting applications, where today it accounts for around 70% (10 percentage points more than the year before). Overall, in 2016, the growth rate of LED fixtures consumption was 26%.