Europe Outdoor Lighting Market Size & Outlook, 2023-2030

The outdoor lighting market in Europe is expected to reach a projected revenue of US$ 5,657.2 million by 2030. A compound annual growth rate of 8.3% is expected of Europe outdoor lighting market from 2024 to 2030.

Revenue, 2023 (US$M)
$3,238.6
Forecast, 2030 (US$M)
$5,657.2
CAGR, 2024 - 2030
8.3%
Report Coverage
Europe

Europe outdoor lighting market highlights

  • The Europe outdoor lighting market generated a revenue of USD 3,238.6 million in 2023.
  • The market is expected to grow at a CAGR of 8.3% 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.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 3,238.6 million
Market revenue in 2030USD 5,657.2 million
Growth rate8.3% (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
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, Europe region accounted for 20.1% of the global outdoor lighting market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 9,350.0 million by 2030.

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Outdoor Lighting Market Companies

Name Profile # Employees HQ Website

Europe 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 46.37% in 2023. Horizon Databook has segmented the Europe 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 Europe 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 continent-level data and insights on the Europe outdoor lighting market , including forecasts for subscribers. This continent databook contains high-level insights into Europe outdoor lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe outdoor lighting market size, by country, 2018-2030 (US$M)

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

Europe outdoor lighting market size, by country, 2018-2030 (US$M)

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