5.8.5.3Vertical

LED & Commercial Lighting Manufacturing

OEMs producing commercial, industrial, and residential LED lighting fixtures, luminaires, controls, and smart lighting systems.

Market snapshot

These figures describe Electrical Equipment Manufacturing (5.8.5), the segment that LED & Commercial Lighting Manufacturing sits within — not LED & Commercial Lighting Manufacturing on its own.

Market size
~$102B
Growth
~3.3%CAGR (2017–22, nominal)
Companies
~4,000
FragmentationConsolidatingEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 3353 (electrical equipment: transformers, motors, switchgear, controls) + 3359 (batteries, wire/cable, wiring devices, other).

Business model & economics

Revenue model

Electrical-equipment sales plus aftermarket and service

Key economics

Recurring revenue
Moderate

recurring replacement and service

EBITDA margin
Healthy

grid/electrification-driven

Capex intensity
Moderate

Characteristics

  • Consolidated around Eaton, ABB, Schneider, Siemens.
  • Grid investment, electrification, and data-center power.
  • Energy storage and renewable integration tailwinds.

Geographic concentration

AlabamaAlaskaArizonaColoradoFloridaGeorgiaIndianaKansasMaineMassachusettsMinnesotaNew JerseyNorth CarolinaNorth DakotaOklahomaPennsylvaniaTexasWyomingConnecticutMissouriWest VirginiaIllinoisNew MexicoCaliforniaDelawareDistrict of ColumbiaHawaiiIowaKentuckyMarylandMichiganMontanaNew HampshireNew YorkOhioOregonTennesseeUtahVirginiaWashingtonNebraskaSouth CarolinaIdahoNevadaVermontLouisianaRhode IslandSouth DakotaArkansasMississippiWisconsin

Electrical equipment manufacturing concentrates in Wisconsin, Mississippi, Arkansas, and South Dakota, spanning motors, switchgear, and power-distribution gear.

WisconsinMississippiArkansasSouth Dakota

U.S. Census Bureau — 2022 County Business Patterns (employment by state), NAICS 3353. Concentration shown by location quotient.

M&A deal context

Deal activityHigh

Who’s acquiring

  • Electrical-equipment majors
  • Grid & electrification acquirers
  • PE-backed component platforms

What’s driving deals

  • Grid modernization and electrification demand.
  • Data-center power and energy storage.
  • Component and capacity acquisition.

Find LED & Commercial Lighting Manufacturing acquisition targets

Search Acquisera’s index for companies classified under LED & Commercial Lighting Manufacturing (5.8.5.3) and build a targeted deal pipeline.

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