Canada Outdoor Lighting Market Size & Outlook, 2023-2030

The outdoor lighting market in Canada is expected to reach a projected revenue of US$ 1,692.7 million by 2030. A compound annual growth rate of 7.6% is expected of Canada outdoor lighting market from 2024 to 2030.

Revenue, 2023 (US$M)
$1,010.4
Forecast, 2030 (US$M)
$1,692.7
CAGR, 2024 - 2030
7.6%
Report Coverage
Canada

Canada outdoor lighting market highlights

  • The Canada outdoor lighting market generated a revenue of USD 1,010.4 million in 2023 and is expected to reach USD 1,692.7 million by 2030.
  • The Canada market is expected to grow at a CAGR of 7.6% 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 2023USD 1,010.4 million
Market revenue in 2030USD 1,692.7 million
Growth rate7.6% (CAGR from 2023 to 2030)
Largest segmentLed lights
Fastest growing segmentLED Lights
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLED Lights, Plasma Lamps, High-Intensity Discharge Lamps, Fluorescent Lights
Key market players worldwideSignify 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, Canada accounted for 6.3% 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 North America, U.S. outdoor lighting market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 1,692.7 million by 2030.

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Outdoor Lighting Market Companies

Name Profile # Employees HQ Website

Canada 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 45.6% in 2023. Horizon Databook has segmented the Canada 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 Canada outdoor lighting market databook

  • Our clientele includes a mix of outdoor lighting market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada outdoor lighting market , including forecasts for subscribers. This country databook contains high-level insights into Canada outdoor lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada outdoor lighting market size, by source, 2018-2030 (US$M)

Canada Outdoor Lighting Market Outlook Share, 2023 & 2030 (US$M)

Canada outdoor lighting market size, by source, 2018-2030 (US$M)

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