China Outdoor Lighting Market Size & Outlook, 2023-2030
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China outdoor lighting market highlights
- The China outdoor lighting market generated a revenue of USD 1,446.6 million in 2023 and is expected to reach USD 2,660.0 million by 2030.
- The China market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, led lights was the largest revenue generating source in 2023.
- LED Lights is the most lucrative source segment registering the fastest growth during the forecast period.
Outdoor lighting market data book summary
| Market revenue in 2023 | USD 1,446.6 million |
| Market revenue in 2030 | USD 2,660.0 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Led lights |
| Fastest growing segment | LED Lights |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LED Lights, Plasma Lamps, High-Intensity Discharge Lamps, Fluorescent Lights |
| Key market players worldwide | Signify NV, GE Aerospace, OSRAM Licht AG, Hubbell Inc, Acuity Brands Inc, Zumtobel Group AG ADR, Eaton Corp PLC, SMART Global Holdings Inc, Syska, Virtual Extension |
Other key industry trends
- In terms of revenue, China accounted for 9.0% of the global outdoor lighting market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China outdoor lighting market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,966.3 million by 2030.
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Outdoor Lighting Market Scope
Outdoor Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Virtual Extension | View profile | 11-50 | Bet Dagan, HaMerkaz, Israel, Asia | http://www.virtual-extension.com/ |
| 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 |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| OSRAM Licht AG | View profile | 20378 | Tobelbader Strasse 30, Premstaetten, Graz, Austria, 8141 | https://www.ams-osram.com |
| Syska | View profile | 501-1000 | New York, New York, United States, North America | http://www.syska.com |
| SMART Global Holdings Inc | View profile | 3000 | 1390 McCarthy Boulevard, Milpitas, CA, United States, 94560 | https://www.sghcorp.com |
| Acuity Brands Inc | View profile | 12200 | 1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, United States, 30309 | https://www.acuitybrands.com |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
China outdoor 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 lighting market will help companies and investors design strategic landscapes.
Led lights was the largest segment with a revenue share of 48.7% in 2023. Horizon Databook has segmented the China outdoor lighting market based on led lights, plasma lamps, high-intensity discharge lamps, fluorescent lights covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of China outdoor lighting market databook
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Our clientele includes a mix of outdoor lighting market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China outdoor lighting market , including forecasts for subscribers. This country databook contains high-level insights into China outdoor lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China outdoor lighting market size, by source, 2018-2030 (US$M)
China Outdoor Lighting Market Outlook Share, 2023 & 2030 (US$M)
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