US  Ligh(ng  &  Bulb  Manufacturing    
 
Market  Update    
NAICS-­‐33511  
 
Aqila  Teen,  NAED  Researcher  
July  2014  
Source:  IBISWorld.com    
1  
US  Ligh(ng  &  Bulb  Manufacturing  
July  2014  
Source:  IBISWorld.com    
2  
2.8  
2.5  
2.5  
2.4  
2.1  
2.4  
2.2  
2.3  
2.3  
2.2  
2.2  
2.1  
2.1  
2.1  
2.0  
0  
1  
1  
2  
2  
3  
3  
20
05
 
20
06
 
20
07
 
20
08
 
20
09
 
20
10
 
20
11
 
20
12
 
20
13
 
20
14
 
20
15
 
20
16
 
20
17
 
20
18
 
20
19
 
Revenue  and  Forecast  ($bn)  
Key  External  Drivers    
*  Demand  from  building,  developing  
and  general  contrac(ng  
*  Import  penetra(on  into  the      
       manufacturing  sector  
*  Government  funding  for  highways  
*  Housing  starts  
*  Price  of  nonferrous  metals  
*  Trade-­‐weighted  index  
US  Ligh(ng  &  Bulb  Manufacturing  Comparison  to  
US  Electrical  Equipment  Wholesaling  
US  Ligh(ng  &  Bulb  Manufacturing  
US  Electrical  Equipment  Wholesaling  
July  2014  
Source:  IBISWorld.com    
3  
2.8  
2.5   2.5   2.4  
2.1  
2.4   2.2   2.3   2.3   2.2   2.2   2.1   2.1   2.1   2.0  
0  
1  
2  
3  
4  
5  
20
05
 
20
06
 
20
07
 
20
08
 
20
09
 
20
10
 
20
11
 
20
12
 
20
13
 
20
14
 
20
15
 
20
16
 
20
17
 
20
18
 
20
19
 
120  
128  
137  137  
121  
136  
144  148  
157  161  
167  168  172  
182  
192  
0  
50  
100  
150  
200  
250  
Revenue    in  ($bn)  as  of  5/2014  
 
Revenue  in  ($bn)  a  of  7/2014  
 
*  Figures  are  infla(on  adjusted  2014  Dollars  
Products  &  Services  Segmenta(on  
July  2014  
Source:  IBISWorld.com    
4  
Nonresiden(al  
ligh(ng  systems,  45%  
Infrastructure  
ligh(ng  systems,  
18%  
Residen(al  ligh(ng  
systems  for  new  
homes,  15%  
Other,  12%  
Other  residen(al  
ligh(ng  systems,  10%  
US Lighting & Bulb Manufacturing
Major  Companies  
49%  
17%  
15%  
19%  
Koninklijke  Philips  NV  
General  Electric  
Company  
Osram  Sylvania  
Other  Companies  
Market  Share  
Major  players  
 
• 
A  major  player  is  a  company  that  generates  
more  than  5%  of  industry  revenue.    
•  Ohen  companies  that  have  less  than  5%  market  
share  are  listed  if  they  are  fast  growing  or  have  
an  unique  business  model.    
•  Only  the  revenue  earned  by  the  company  in  this  
industry  is  calculated.    
• 
The  chart  shows  the  market  share  of  each  major  
player  and  the  collec(ve  concentra(on  of  all  
dominant  industry  players.    
July  2014  
Source:  IBISWorld.com    
5  
US Lighting & Bulb Manufacturing
Industry  Performance  
• 
The  Ligh(ng  and  Bulb  Manufacturing  industry  produces  a  range  of  products  including  electric  light  bulbs,  tubes,  parts  and  
components.  However,  this  industry  excludes  light-­‐emi ng  diode  (LED)  and  ligh(ng  fixtures  manufacturers.  In  the  past  five  
years,  the  industry  has  struggled  with  rising  import  penetra(on  and  increasing  input  costs,  which  constrained  revenue  and  
profitability  growth.  Addi(onally,  the  increasing  subs(tu(on  of  LEDs  for  tradi(onal  ligh(ng  systems  has  decreased  demand  
for  industry  products.  As  a  result  of  these  factors,  industry  revenue  is  expected  to  remain  fairly  stagnant,  increasing  at  an  
average  annual  rate  of  0.7%.  Although  this  slight  growth  masks  industry  declines,  it  accurately  reflects  the  results  of  
increased  construc(on  ac(vity  as  well  as  recovery  from  recessionary  lows.  However,  external  compe((on  from  imports  and  
LED  products  will  con(nue  to  pressure  the  industry,  and  revenue  is  expected  to  contract  2.6%  in  2014  to  $2.2  billion.  
• 
Greater  import  penetra(on  of  inexpensive  products,  largely  from  Chinese  manufacturers,  has  threatened  industry  revenue  
during  the  past  five  years.  With  lower  wages  and  fewer  overhead  costs,  Chinese  manufacturers  have  been  able  to  produce  
high-­‐quality  products  at  lower  prices  compared  with  domes(c  companies.  Furthermore,  the  rising  strength  of  the  US  dollar  
in  recent  years  has  made  imported  industry  products  even  more  appealing  to  US  consumers.  As  a  result,  US  manufacturers  
have  grappled  with  increased  price  compe((on  and  have  been  forced  to  lower  prices,  constraining  both  industry  revenue  
and  average  profit  margins.  
• 
Poor  industry  performance  is  expected  during  the  next  five  years,  as  contractors  and  homeowners  alike  are  expected  to  
increasingly  opt  for  LED-­‐ligh(ng  systems  over ��industry  products,  significantly  reducing  downstream  demand;  import  
penetra(on  levels  are  an(cipated  to  con(nue  growing,  bolstering  price  compe((on  for  domes(c  manufacturers.  As  a  result,  
industry  revenue  is  projected  to  decrease  at  an  annualized  1.4%  to  about  $2.0  billion  during  the  five  years  to  2019.  Along  
with  revenue,  industry  companies  and  employees  are  expected  to  decrease  in  the  next  five  years.    
July  2014  
Source:  IBISWorld.com    
6  
US Lighting & Bulb Manufacturing
Key  Financial  Sta(s(cs  
July  2014  
Source:  IBISWorld.com    
7  
Year  
Revenue*    
($m)  
IVA    
($m)  
Establishments    
(Units)  
Enterprises    
(Units)  
Employment  
 (Units)  
Exports  
 ($m)  
Imports    
($m)  
Wages    
($m)  
Domes(c    
Demand    
($m)  
Value  of  private  
nonresiden(al  
construc(on  ($m)  
2005                  2,830    
822  
95  
71  
9939  
895  
2112  
573  
4047  
421  
2006                  2,486    
735  
95  
72  
9057  
826  
2219  
516  
3880  
452  
2007                  2,485    
723  
94  
78  
9371  
782  
2700  
504  
4403  
509  
2008                  2,379    
731  
94  
72  
8965  
760  
2526  
514  
4144  
540  
2009                  2,129    
587  
85  
66  
8060  
620  
2078  
476  
3587  
438  
2010                  2,358    
637  
88  
71  
7973  
693  
2391  
500  
4056  
366  
2011                  2,246    
628  
89  
73  
7762  
660  
2447  
464  
4033  
374  
2012                  2,288    
647  
90  
74  
7762  
633  
2511  
467  
4166  
422  
2013                  2,259    
642  
89  
74  
7629  
632  
2602  
459  
4229  
438  
2014                  2,199    
631  
88  
73  
7413  
592  
2609  
445  
4216  
464  
2015                  2,177    
623  
88  
73  
7304  
586  
2698  
438  
4289  
505  
2016                  2,142    
606  
87  
73  
7152  
556  
2922  
429  
4508  
550  
2017                  2,136    
604  
87  
72  
7086  
543  
3234  
425  
4827  
585  
2018                  2,108    
592  
86  
72  
6957  
537  
3386  
417  
4957  
581  
2019                  2,045    
574  
81  
70  
6769  
545  
3532  
404  
5032  
610    
*  Figures  are  infla(on  adjusted  2014  Dollars  
Appendix I - US Lighting & Bulb Manufacturing
•  The  market  size  is  based  on  the  North  American  Industry  Classifica(on  
System(NAICS).  NAICS  is  the  standard  used  by  Federal  sta(s(cal  agencies  in  
classifying  business  establishments  for  the  purpose  of  collec(ng,  analyzing,  and  
publishing  sta(s(cal  data  related  to  the  U.S.  business  economy.  
•  This  report  covers  NAICS  category,  33511  Electric  Lamp  Bulb  and  Part  
Manufacturing.  
•  Operators  in  this  industry  manufacture  a  range  of  products,  including  electric  light  
bulbs,  tubes,  parts  and  components.  However,  this  industry  excludes  light-­‐emi ng  
diode  (LED)  and  ligh(ng  fixtures  manufacturers.  
•  The  next  slide  shows  a  complete  list  of  segments  covered  in  this  market  size  and  
forecast.  
July  2014  
Source:  IBISWorld.com    
8  
1  North  American  Industry  Classifica(on  System.  (2013,  September  13).  Retrieved  January  22,  2014,  from  census.gov:  hnp://www.census.gov/eos/www/naics/    
2  NAICS  Associa(on.  (2014,  January  22).  423610  Electrical  Apparatus  and  Equipment,  Wiring  Supplies,  and  Related  Equipment  Merchant  Wholesalers  .  Retrieved  January  22,  2014,  from  naics.com:  hnp://
www.naics.com/censusfiles/ND423610.HTM  
Appendix II - US Lighting & Bulb Manufacturing
Industry  Defini(on  1,2  



Automotive light bulbs manufacturing
Health lamp bulbs, infrared and ultraviolet radiation, manufacturing
Bulbs, electric light, complete, manufacturing
High intensity lamp bulbs manufacturing
Coating purchased light bulbs
Incandescent filament lamp bulbs, complete, manufacturing
Cold cathode fluorescent lamp tubes manufacturing
Infrared lamp bulbs manufacturing
Compact fluorescent light bulbs manufacturing
Lamp bulb parts (except glass blanks), electric, manufacturing
Decorative lamp bulbs manufacturing
Lamp bulbs and tubes, electric (i.e., fluorescent, incandescent filament, vapor),
manufacturing
Electric lamp bulb parts (except glass blanks) manufacturing
Lamp bulbs and tubes, health, infrared and ultraviolet radiation, manufacturing
Electric lamps (i.e., light bulbs) manufacturing
Lead-in wires, electric lamp, made from purchased wire
Electric light bulbs, complete, manufacturing
Light bulbs manufacturing
Electrodes, cold cathode fluorescent lamp, manufacturing
Light bulbs, sealed beam automotive, manufacturing
Electrotherapeutic lamp bulbs for ultraviolet and infrared radiation manufacturing
Mercury halide lamp bulbs manufacturing
Filaments for electric lamp bulbs manufacturing
Photoflash and photoflood lamp bulbs and tubes manufacturing
Flash bulbs, photographic, manufacturing
Sealed beam automotive light bulbs manufacturing
Flashlight bulb manufacturing
Sodium vapor lamp bulbs manufacturing
Fluorescent lamp tubes, electric, manufacturing
Strobotrons manufacturing
Fluroescent lamp electrodes, cold cathode, manufacturing
Ultraviolet lamp bulbs manufacturing
Glow lamp bulbs manufacturing
Vapor lamps, electric, manufacturing
Halogen light bulbs manufacturing
X-mas tree light bulbs manufacturing
July  2014  
Source:  IBISWorld.com    
9  
1  North  American  Industry  Classifica(on  System.  (2013,  September  13).  Retrieved  January  22,  2014,  from  census.gov:  hnp://www.census.gov/eos/www/naics/    
2  NAICS  Associa(on.  (2014,  January  22).  423610  Electrical  Apparatus  and  Equipment,  Wiring  Supplies,  and  Related  Equipment  Merchant  Wholesalers  .  Retrieved  January  22,  2014,  from  naics.com:  hnp://
www.naics.com/censusfiles/ND423610.HTM  
Appendix III - US Lighting & Bulb Manufacturing
Industry  Defini(on  1,2  
July  2014  
Source:  IBISWorld.com    
10  
1  North  American  Industry  Classifica(on  System.  (2013,  September  13).  Retrieved  January  22,  2014,  from  census.gov:  hnp://www.census.gov/eos/www/naics/    
2  NAICS  Associa(on.  (2014,  January  22).  423610  Electrical  Apparatus  and  Equipment,  Wiring  Supplies,  and  Related  Equipment  Merchant  Wholesalers  .  Retrieved  January  22,  2014,  from  naics.com:  hnp://
www.naics.com/censusfiles/ND423610.HTM  
Appendix III - US Lighting & Bulb Manufacturing
• 
Automo(ve  light  bulbs  manufacturing  
• 
Health  lamp  bulbs,  infrared  and  ultraviolet  radia(on,  manufacturing  
• 
Bulbs,  electric  light,  complete,  manufacturing  
• 
High  intensity  lamp  bulbs  manufacturing  
• 
Coa(ng  purchased  light  bulbs  
• 
Incandescent  filament  lamp  bulbs,  complete,  manufacturing  
• 
Cold  cathode  fluorescent  lamp  tubes  manufacturing  
• 
Infrared  lamp  bulbs  manufacturing  
• 
Compact  fluorescent  light  bulbs  manufacturing  
• 
Lamp  bulb  parts  (except  glass  blanks),  electric,  manufacturing  
• 
Decora(ve  lamp  bulbs  manufacturing  
• 
Lamp  bulbs  and  tubes,  electric  (i.e.,  fluorescent,  incandescent  
filament,  vapor),  manufacturing  
• 
Electric  lamp  bulb  parts  (except  glass  blanks)  manufacturing  
• 
Lamp  bulbs  and  tubes,  health,  infrared  and  ultraviolet  radia(on,  
manufacturing  
• 
Electric  lamps  (i.e.,  light  bulbs)  manufacturing  
• 
Lead-­‐in  wires,  electric  lamp,  made  from  purchased  wire  
• 
Electric  light  bulbs,  complete,  manufacturing  
• 
Light  bulbs  manufacturing  
• 
Electrodes,  cold  cathode  fluorescent  lamp,  manufacturing  
• 
Light  bulbs,  sealed  beam  automo(ve,  manufacturing  
• 
Electrotherapeu(c  lamp  bulbs  for  ultraviolet  and  infrared  radia(on  
manufacturing  
• 
Mercury  halide  lamp  bulbs  manufacturing  
• 
Filaments  for  electric  lamp  bulbs  manufacturing  
• 
Photoflash  and  photoflood  lamp  bulbs  and  tubes  manufacturing  
• 
Flash  bulbs,  photographic,  manufacturing  
• 
Sealed  beam  automo(ve  light  bulbs  manufacturing  
• 
Flashlight  bulb  manufacturing  
• 
Sodium  vapor  lamp  bulbs  manufacturing  
• 
Fluorescent  lamp  tubes,  electric,  manufacturing  
• 
Strobotrons  manufacturing  
• 
Fluorescent  lamp  electrodes,  cold  cathode,  manufacturing  
• 
Ultraviolet  lamp  bulbs  manufacturing  
• 
Glow  lamp  bulbs  manufacturing  
• 
Vapor  lamps,  electric,  manufacturing  
• 
Halogen  light  bulbs  manufacturing  
• 
X-­‐mas  tree  light  bulbs  manufacturing  
July  2014  
Source:  IBISWorld.com    
11