Global Outdoor Lighting Market Size & Outlook, 2023-2030

The outdoor lighting industry worldwide is expected to reach a projected revenue of US$ 28,428.3 million by 2030. A compound annual growth rate of 8.4% is expected of the worldwide outdoor lighting industry from 2024 to 2030.
Revenue, 2023 (US$M)
$16,132.4
Forecast, 2030 (US$M)
$28,428.3
CAGR, 2024 - 2030
8.4%
Report Coverage
Worldwide

Global outdoor lighting market highlights

  • The global outdoor lighting market generated a revenue of USD 16,132.4 million in 2023 and is expected to reach USD 28,428.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 8.4% by 2030.
  • In terms of segment, led lights accounted for a revenue of USD 7,528.3 million in 2023.
  • LED Lights is the most lucrative source segment registering the fastest growth during the forecast period.
  • In terms of region, North America 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 16,132.4 million
Market revenue in 2030USD 28,428.3 million
Growth rate8.4% (CAGR from 2023 to 2030)
Largest segmentLed lights
Fastest growing segmentLED Lights
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLED Lights, Plasma Lamps, High-Intensity Discharge Lamps, Fluorescent Lights

Other key industry trends

  • In terms of revenue, the North America accounted for 35.4% of the global outdoor lighting market in 2023.
  • By country, the U.S. 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 7,104.4 million by 2030.

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Outdoor Lighting Market Companies

Name Profile # Employees HQ Website

Global 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 46.67% in 2023. Horizon Databook has segmented the Global 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.


  • Global Outdoor Lighting Source Outlook (Revenue, USD Million, 2018-2030)
    • LED Lights
    • Plasma Lamps
    • High-Intensity Discharge Lamps
    • Fluorescent Lights
  • Global Outdoor Lighting Application Outlook (Revenue, USD Million, 2018-2030)
    • Residential
    • Commercial
  • Global Outdoor Lighting Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Offline
    • Online

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Target buyers of Global outdoor lighting market databook

  • Our clientele includes a mix of outdoor 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 lighting market , including forecasts for subscribers. This global databook contains high-level insights into Global outdoor lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

Top 10 countries: Outdoor lighting market size, 2023 (US$M)

Global outdoor lighting market share, by source, 2023 & 2030 (%, US$M)

Outdoor lighting market: Opportunity assessment by country

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

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

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