Global Outdoor Led Lighting Market Size & Outlook

The outdoor led lighting industry worldwide is expected to reach a projected revenue of US$ 59,198.0 million by 2030. A compound annual growth rate of 12.5% is expected of the worldwide outdoor led lighting industry from 2024 to 2030.
Revenue, 2023 (US$M)
$25,925.0
Forecast, 2030 (US$M)
$59,198.0
CAGR, 2024 - 2030
12.5%
Report Coverage
Worldwide

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 2023USD 25,925.0 million
Market revenue in 2030USD 59,198.0 million
Growth rate12.5% (CAGR from 2023 to 2030)
Largest segmentLuminaires
Fastest growing segmentLamps
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLamps, 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 segmentation & scope
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
Canada
U.S.
Germany
UK
France
Italy
Spain
China
India
Japan
South Korea
Australia
Brazil
Mexico
UAE
South Africa

Outdoor LED Lighting Market Companies

Name Profile # Employees HQ Website

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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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.

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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 product, 2023 & 2030 (%, US$M)

Outdoor led lighting market: Opportunity assessment by country

Global outdoor led lighting market, by region, 2023 (US$M)

Global outdoor led lighting market size, by region, 2018-2030 (US$M)

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