North America Outdoor Solar Led Market Size & Outlook

The outdoor solar led market in North America is expected to reach a projected revenue of US$ 3,948.8 million by 2028. A compound annual growth rate of 23.1% is expected of North America outdoor solar led market from 2022 to 2028.
Revenue, 2021 (US$M)
$924.2
Forecast, 2028 (US$M)
$3,948.8
CAGR, 2022 - 2028
23.1%
Report Coverage
North America

North America outdoor solar led market highlights

  • The North America outdoor solar led market generated a revenue of USD 924.2 million in 2021.
  • The market is expected to grow at a CAGR of 23.1% from 2022 to 2028.
  • In terms of segment, solar led street lights was the largest revenue generating application in 2021.
  • Solar Garden LED Lights is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2028.

North America data book summary

Market revenue in 2021USD 924.2 million
Market revenue in 2028USD 3,948.8 million
Growth rate23.1% (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
Key market players worldwideSignify NV, SBM SolarTech, SEPCO - Solar Electric Power Company, SOKOYO Solar Lighting Co., Sunna Design, OkSolar, Jiawei

Other key industry trends

  • In terms of revenue, North America region accounted for 17.4% of the global outdoor solar led market in 2021.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 12,105.6 million by 2028.

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Outdoor Solar LED Market Scope

Outdoor solar led market segmentation & scope
Solar LED Street Lights
Solar Garden LED Lights
Solar LED Floodlights
Solar LED Area Lights
Solar LED Spot Lights
Less than 39W
40W to 149W
More than 150W
Residential
Commercial
Industrial

Outdoor Solar LED Market Companies

Name Profile # Employees HQ Website

North America 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 51.05% in 2021. Horizon Databook has segmented the North America 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.


  • North America 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
  • North America Outdoor Solar LED Wattage Outlook (Revenue, USD Million, 2017-2028)
    • Less than 39W
    • 40W to 149W
    • More than 150W
  • North America Outdoor Solar LED End Use Outlook (Revenue, USD Million, 2017-2028)
    • Residential
    • Commercial
    • Industrial

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America outdoor solar led market , including forecasts for subscribers. This continent databook contains high-level insights into North America outdoor solar led market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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North America outdoor solar led market size, by country, 2017-2028 (US$M)

North America Outdoor Solar LED Market Outlook Share, 2021 & 2028 (US$M)

North America outdoor solar led market size, by country, 2017-2028 (US$M)

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