Industry Analysis & Industry Trends
The industry has been enduring tough conditions, including rising import penetration and increasing input costs, which caused revenue and profitability to decline in the five years to 2013. Decreasing downstream demand also hurt revenue during the recession since fewer industry products were purchased for residential, nonresidential and infrastructure construction. While overall construction is expected to improve, the Lighting and Bulb manufacturing industry will not experience the same progress. A strong rebound in residential, nonresidential and infrastructure construction will help soften demand declines, but over the five years to 2018 revenue is expected to decline overall... purchase to read more
Industry Report - Industry Locations Chapter
Proximity to downstream markets is an important competitive strategy in this industry. Companies often benefit from cluster formations, as this facilitates access to new technological innovations. Because of the wide variety of downstream markets and the relatively small number of companies involved in this industry, the dispersion of establishments does not follow a clear trend. The majority of manufacturers in this US industry are in the Southeast, Mid-Atlantic and the Great Lakes regions, which, when combined, make up an estimated 64.8% of total establishments and roughly 60.0% of total employment.
The Mid-Atlantic region accounts for an estimated 22.7% of the number of establishments nationally and an estimated 17.0% of total employment... purchase to read more