Global Outdoor Solar Led Market Size & Outlook, 2024-2030
Global outdoor solar led market, 2018-2030 (US$B)
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Global outdoor solar led market highlights
- The global outdoor solar led market generated a revenue of USD 9,823.9 billion in 2024 and is expected to reach USD 41,123.5 billion by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 27% by 2030.
- In terms of segment, solar led street lights accounted for a revenue of USD 5,362.8 billion in 2024.
- Solar Garden LED Lights is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 9,823.9 billion |
| Market revenue in 2030 | USD 41,123.5 billion |
| Growth rate | 27% (CAGR from 2025 to 2030) |
| Largest segment | Solar led street lights |
| Fastest growing segment | Solar Garden LED Lights |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Solar LED Street Lights, Solar Garden LED Lights, Solar LED Floodlights, Solar LED Area Lights, Solar LED Spot Lights |
Other key industry trends
- In terms of revenue, the North America accounted for 16.1% of the global outdoor solar led market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 3,773.5 billion by 2030.
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Outdoor Solar LED Market Scope
Outdoor Solar LED Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jiawei | View profile | - | Shenzhen, Guangdong, China, Asia | http://www.jiawei.com/ |
| OkSolar | View profile | 101-250 | Wynnewood, Oklahoma, United States, North America | https://www.oksolar.com/ |
| Sunna Design | View profile | 11-50 | Blanquefort, Midi-Pyrenees, France, Europe | http://sunna-design.fr/sunna/ |
| SOKOYO Solar Lighting Co. | View profile | 51-100 | Yangzhou, Jiangsu, China, Asia | https://www.sokoyosolar.com |
| SEPCO - Solar Electric Power Company | View profile | 11-50 | Stuart, Florida, United States, North America | http://www.sepco-solarlighting.com |
| SBM SolarTech | View profile | - | Shanghai, Shanghai, China, Asia | https://www.sbmsolartech.com/ |
| Signify NV | View profile | 31920 | High Tech Campus 48, Eindhoven, Netherlands, 5656 AE | https://www.signify.com |
Global outdoor solar led 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 solar led market will help companies and investors design strategic landscapes.
Solar led street lights was the largest segment with a revenue share of 54.59% in 2024. Horizon Databook has segmented the Global outdoor solar led market based on solar led street lights, solar garden led lights, solar led floodlights, solar led area lights, solar led spot lights covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Outdoor Solar LED Application Outlook (Revenue, USD Billion, 2018-2030)
- Solar LED Area Lights
- Solar LED Spot Lights
- Solar LED Floodlights
- Solar LED Street Lights
- Solar Garden LED Lights
- Global Outdoor Solar LED Wattage Outlook (Revenue, USD Billion, 2018-2030)
- Less than 39W
- 40W to 149W
- More than 150W
- Global Outdoor Solar LED End Use Outlook (Revenue, USD Billion, 2018-2030)
- Residential
- Commercial
- Industrial
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Our clientele includes a mix of outdoor solar led market companies, investment firms, advisory firms & academic institutions.
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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 global-level data and insights on the Global outdoor solar led market , including forecasts for subscribers. This global databook contains high-level insights into Global outdoor solar led market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global outdoor solar led market size, by regions, 2018-2030 (US$B)
Top 10 countries: Outdoor solar led market size, 2024 (US$B)
Global outdoor solar led market share, by application, 2024 & 2030 (%, US$B)
Outdoor solar led market: Opportunity assessment by country
Global outdoor solar led market, by region, 2024 (US$B)
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