Global Outdoor Led Lighting Market Size & Outlook, 2023-2030
Global outdoor led lighting market, 2018-2030 (US$M)
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Global outdoor led lighting market highlights
- The global outdoor led lighting market generated a revenue of USD 25,925.0 million in 2023 and is expected to reach USD 59,198.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 12.5% by 2030.
- In terms of segment, luminaires accounted for a revenue of USD 15,202.9 million in 2023.
- Lamps is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 25,925.0 million |
| Market revenue in 2030 | USD 59,198.0 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | Luminaires |
| Fastest growing segment | Lamps |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lamps, Luminaires |
Other key industry trends
- In terms of revenue, the North America accounted for 14.4% of the global outdoor led lighting market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 5,555.2 million by 2030.
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Outdoor LED Lighting Market Scope
Outdoor LED Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| LSI Industries Inc | View profile | 1540 | 10000 Alliance Road, Cincinnati, OH, United States, 45242 | https://www.lsicorp.com |
| Dialight PLC | View profile | 1970 | 25 Old Broad Street, Leaf C, Level 36, Tower 42, London, United Kingdom, EC2N 1HQ | https://www.dialight.com |
| Siteco | View profile | 1001-5000 | Traunreut, Bayern, Germany, Europe | https://www.siteco.com/ |
| Cree Lighting | View profile | 1001-5000 | Racine, Wisconsin, United States, North America | https://www.creelighting.com/company |
| Zumtobel Group AG ADR | View profile | 5500 | Hochster Strasse 8, Dornbirn, Austria, A-6850 | https://z.lighting/en |
| Hubbell Inc | View profile | 18400 | 40 Waterview Drive, Shelton, CT, United States, 06484 | https://www.hubbell.com |
| Signify NV | View profile | 31920 | High Tech Campus 48, Eindhoven, Netherlands, 5656 AE | https://www.signify.com |
| Syska | View profile | 501-1000 | New York, New York, United States, North America | http://www.syska.com |
| Acuity Brands Inc | View profile | 12200 | 1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, United States, 30309 | https://www.acuitybrands.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
Global outdoor led lighting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to outdoor led lighting market will help companies and investors design strategic landscapes.
Luminaires was the largest segment with a revenue share of 58.64% in 2023. Horizon Databook has segmented the Global outdoor led lighting market based on lamps, luminaires covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Outdoor LED Lighting Product Outlook (Revenue, USD Million, 2018-2030)
- Lamps
- Luminaires
- Global Outdoor LED Lighting Installation Type Outlook (Revenue, USD Million, 2018-2030)
- New
- Retrofit
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Our clientele includes a mix of outdoor led lighting market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global outdoor led lighting market , including forecasts for subscribers. This global databook contains high-level insights into Global outdoor led lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global outdoor led lighting market size, by region, 2018-2030 (US$M)
Top 10 countries: Outdoor led lighting market size, 2023 (US$M)
Global outdoor led lighting market share, by installation type, 2023 & 2030 (%, US$M)
Outdoor led lighting market: Opportunity assessment by country
Global outdoor led lighting market, by region, 2023 (US$M)
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