Industry Analysis & Industry Trends
In the five years to 2016, the Lighting and Bulb Manufacturing industry has struggled with rising import penetration and increasing input costs, which constrained revenue and profit growth. Additionally, the increasing substitution of LEDs for traditional lighting systems has dramatically reduced demand for industry products. Poor industry performance is expected to continue over the next five years, as contractors and homeowners alike are expected to increasingly opt for LED-lighting systems over industry products, significantly reducing downstream demand. Import penetration levels are anticipated to continue growing, heightening price competition for domestic manufacturers... purchase to read more
Industry Report - Industry Locations Chapter
Because of the wide variety of downstream markets, relatively inexpensive transportation costs for industry products and the small number of companies involved in this industry, the dispersion of industry establishments does not follow a clear trend. The majority of manufacturers in this US industry are in the West, the Southeast and the Great Lakes regions, which, when combined, make up an estimated 64.0% of total establishments.
The West region, which accounts for an estimated 15.8% of industry establishments, has access to some of the largest seaports in the US, making it an attractive location for manufacturing industries to receive raw materials and ship exports. Osram, a major player in this industry, has manufacturing facilities in this region... purchase to read more