Outdoor Lighting Market Size To Reach $28.43 Billion By 2030

Outdoor Lighting Market Growth & Trends

The global outdoor lighting market size is expected to reach USD 28.43 billion by 2030, registering a CAGR of 9.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. The increasing awareness to obtain efficiency in terms of energy consumption and other environment-friendly qualities for the outdoor lighting structure are the major growth drivers for the market.

The pandemic had a significant impact on work culture, and many people still prefer the flexibility of working from the comfort of their homes. The need to be home most of the time increases the likelihood of investing in home comforts. To better enjoy the time spent relaxing on their porches, homeowners started making larger investments in outdoor lighting and entertainment. For instance, according to the Outdoor Furnishings Trend Report released by the International Casual Furnishings Association (ICFA), 71% of Americans are spending much more time outside in 2022 compared to the previous year, as many as seven hours per week.

Additionally, governments are taking various initiatives to build innovative open spaces. For instance, the National Trust/National Lottery Heritage Fund Future Parks initiative, and the work undertaken by the Parks Action Group, look at innovative ways of sustaining parks and greenspace. These initiatives also ensure they serve the needs of the local community. Increasing government initiatives to build open spaces are expected to present the street lighting industry with numerous opportunities.

One of the primary drivers behind the construction of new highways and streets has been the increase in traffic. Governments in many nations, including the U.S., China, and India, are firmly focusing on making investments in the development of road infrastructure. For instance, it is anticipated that the $3.3 billion Hampton Roads Bridge-Tunnel (HRBT) expansion project in the United States, which will enlarge I-64 from four to eight lanes between Hampton and Norfolk, will be completed by 2024. This will increase demand for and use of street, highway, and tunnel lighting.

Asia Pacific region is expected to register the fastest CAGR over the forecast period. Rapid investments in the construction sector in line with the development of smart city projects are expected to open new opportunities for players in the outdoor landscape lighting industry over the coming years. Moreover, the growing per capita income in developing countries across the region will augment product demand.

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Outdoor Lighting Market Report Highlights

• LED lights accounted for a market share of 49.52% in 2024. LED lights are preferred for outdoor lighting due to their exceptional energy efficiency, durability, and longevity.

• The commercial demand for outdoor lights held a market share of 66.48% in 2024. A rise in infrastructural development in the hospitality industry is driving the segment growth

• The sales of outdoor lights through offline channels accounted for a market share of 66.22% in 2024. The rising use of smartphones and similar devices, coupled with increasing internet penetration among consumers is the key factor driving the popularity of online channels in the market

• Asia Pacific accounted for a revenue share of around 29.82% in the year 2024. The growth in the region is majorly attributed to the growing hospitality industry owing to which the demand of outdoor landscape lighting and street lighting.

Outdoor Lighting Market Segmentation

Grand View Research has segmented the global outdoor lighting market based on source, application, distribution channel, and region:

Outdoor Lighting Source Outlook (Revenue, USD Billion, 2018 - 2030)

• LED Lights

• Plasma Lamps

• High-Intensity Discharge Lamps

• Fluorescent Lights

Outdoor Lighting Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Residential

• Commercial

Outdoor Lighting Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)

• Offline

• Online

Outdoor Lighting Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • Australia & New Zealand

  • South Korea

• Central & South America

  • Brazil

• Middle East & Africa (MEA)

  • South Africa

List Of Key Players Outdoor Lighting Market

• Signify Holding

• ACUITY BRANDS, INC.

• Hubbell

• Zumtobel Group

• ams-OSRAM AG

• Outdoor Lighting Perspectives

• Savant Systems Inc (GE Lighting)

• Cree LED

• SYSKA

• Virtual Extension