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 Analysis Chapter
The Lighting and Bulb Manufacturing industry produces a range of products, including electric light bulbs, tubes, parts and components, but does not include light-emitting diode (LED) lighting systems. In the five years to 2014, industry revenue is expected to increase at an average annual rate of 0.7% to $2.2 billion. However, this growth is largely the result of a bounce back from recessionary lows and obfuscates the industry's steady decline.
The industry has been enduring tough conditions over the past five years due to rising import penetration and increasing input costs, which have caused industry revenue and profitability to suffer. Additionally, the increasing substitution of LEDs for traditional lighting systems has forced the industry into a state of decline... purchase to read more