Global Outdoor Solar Led Market Size & Outlook

The outdoor solar led industry worldwide is expected to reach a projected revenue of US$ 24,751.0 million by 2028. A compound annual growth rate of 24.6% is expected of the worldwide outdoor solar led industry from 2022 to 2028.

Revenue, 2021 (US$M)
$5,312.0
Forecast, 2028 (US$M)
$24,751.0
CAGR, 2022 - 2028
24.6%
Report Coverage
Worldwide

Global outdoor solar led market highlights

  • The global outdoor solar led market generated a revenue of USD 5,312.0 million in 2021 and is expected to reach USD 24,751.0 million by 2028.
  • The market is expected to grow at a CAGR (2022 - 2028) of 24.6% by 2028.
  • In terms of segment, solar led street lights accounted for a revenue of USD 2,975.8 million in 2021.
  • 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 2021.
  • Country-wise, Canada is expected to register the highest CAGR from 2022 to 2028.

Global data book summary

Market revenue in 2021USD 5,312.0 million
Market revenue in 2028USD 24,751.0 million
Growth rate24.6% (CAGR from 2021 to 2028)
Largest segmentSolar led street lights
Fastest growing segmentSolar Garden LED Lights
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationSolar 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 17.4% of the global outdoor solar led market in 2021.
  • By country, the China is projected to lead the global market in terms of revenue in 2028.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 279.3 million by 2028.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Outdoor Solar LED Market Companies

Name Profile # Employees HQ Website

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 56.02% in 2021. 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 2017 to 2028.


  • Global Outdoor Solar LED Application Outlook (Revenue, USD Million, 2017-2028)
    • Solar LED Street Lights
    • Solar Garden LED Lights
    • Solar LED Floodlights
    • Solar LED Area Lights
    • Solar LED Spot Lights
  • Global Outdoor Solar LED Wattage Outlook (Revenue, USD Million, 2017-2028)
    • Less than 39W
    • 40W to 149W
    • More than 150W
  • Global Outdoor Solar LED End Use Outlook (Revenue, USD Million, 2017-2028)
    • Residential
    • Commercial
    • Industrial

Reasons to subscribe to Global outdoor solar led market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global outdoor solar led market databook

  • Our clientele includes a mix of outdoor solar led 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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 2017 to 2028, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global outdoor solar led market statistics, by regions, 2017-2028 (US$M)

Top 10 countries: Outdoor solar led market size, 2021 (USD Million)

Top 10 countries: Outdoor solar led market size, 2021 (USD Million)

Global outdoor solar led market, by region, 2021 (US$M)

Global outdoor solar led market statistics, by regions, 2017-2028 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more