Outdoor Lighting Market
Outdoor Lighting Market
The market for Outdoor Lighting was estimated at $21.72 billion in 2024; it is anticipated to increase to $39.1 billion by 2030, with projections indicating growth to around $63.8 billion by 2035.
Report Summary
Table of Contents
Methodology
Market Data
Global Outdoor Lighting Market Outlook
Revenue, 2024 (US$B)
$21.7B
Forecast, 2034 (US$B)
$57.8B
CAGR, 2024 - 2034
10.29%
The Outdoor Lighting industry revenue is expected to be around $24.0 billion in 2025 and expected to showcase growth with 10.29% CAGR between 2025 and 2034. It has the ability to turn landscapes into pieces of art with light improving safety and enhancing the beauty of spaces while making them usable even after the sun sets. The artistic and practical improvements brought about by lighting are evident worldwide bringing a new level of nighttime beauty through a captivating interplay of light and shadow, in residential areas business establishments and public spaces alike.</p><p>Venturing into the world of smart and eco friendly options, in lighting combines elements of fashion, security and eco friendliness With the use of LED technology, solar power and built in sensors these lighting options offer long lasting performance and smart lighting tailored to suit environmental factors.</p>
Market Key Insights
- The Outdoor Lighting market is projected to grow from $21.7 billion in 2024 to $57.8 billion in 2034. This represents a CAGR of 10.29%, reflecting rising demand across Residential Security Lighting, Outdoor Event Illumination and Commercial and Public Spaces Lighting.
- The market leaders in this sector include Philips Lighting Holding B.V and Hubbell and Kichler which determine the competitive dynamics of the market.
- U.S. and China are the top markets within the Outdoor Lighting market and are expected to observe the growth CAGR of 7.5% to 10.8% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 9.9% to 12.9%.
- The Outdoor Lighting market will experience $4.8 billion in additional growth through 2030 because of the transition toward solar energy.
- The Outdoor Lighting market is set to add $36.1 billion between 2024 and 2034, with manufacturer targeting Solar Lights & Traditional Lights Lighting Source projected to gain a larger market share.
- With Urbanization and infrastructure development, and Sustainability and energy efficiency, Outdoor Lighting market to expand 166% between 2024 and 2034.
Opportunities in the Outdoor Lighting
The increasing worldwide focus on energy alternatives has brought about a rise in solar powered outdoor lighting as a promising opportunity for expansion and development. This innovative use of technology not promotes environmental friendliness but also provides cost effective and easily maintainable lighting solutions for consumers in remote areas and places prone, to frequent power outages.
Growth Opportunities in North America and Europe
North America Outlook
<p>North America's outdoor lighting sector thrives thanks to the regions consumers and the swift pace of technological progress. Moreover a fierce rivalry exists among companies as they venture into energy saving and budget friendly lighting options. The rise of cities and wireless technology, in lighting presents promising prospects as well</p>
Europe Outlook
<p>In Europe's lighting market there is a noticeable uptick driven by strict energy rules and a strong desire for visual charm. The competition is fierce with companies prioritizing the creation of friendly products. The surge in investments in infrastructure projects is also contributing to the growth of market prospects, in this region.</p>
Market Dynamics and Supply Chain
01
Driver: Urbanization and Infrastructure Development, and Increased Focus on Outdoor Aesthetics
With the growth of urban areas worldwide comes a rising need for outdoor lighting in neighborhoods and city streets as well as public areas like boulevards and parks. The expansion of infrastructure such as bridges and highways also calls for lighting to ensure safety and visibility. Therefore the ongoing urbanization and development of infrastructure play roles, in driving the outdoor lighting market forward. The growing focus on enhancing the appearance of homes, businesses and public areas has also resulted in a rise in the popularity of decorative outdoor lighting. Various types of lighting such as landscape lighting, architectural lighting and festive lighting are also all driving the increased demand, in the market.<br>Given the requirement to address climate change issues effectively in todays world there is also a significant demand for eco friendly lighting solutions that conserve energy. The progress made in LED technology and intelligent control systems is also leading the path, for outdoor lighting options and contributing to the growth of the market positively.
02
Restraint: Environmental Impact Concerns
The increasing focus on sustainability and environmental preservation is driving a shift away, from outdoor lighting usage. Light pollution poses a global challenge exacerbated by outdoor lighting practices and could impede long term market expansion. Heightened awareness of pollution may result in the implementation of stricter regulations governing outdoor lighting installations and potentially hinder market growth.
03
Opportunity: Smart Integration and Automation and Adaptive Lightscaping
The increasing need for incorporating technology into outdoor lighting setups continues to rise quickly with the inclusion of automated lighting controls and IoT connected devices becoming more prevalent in the market scene nowadays This emerging trend presents promising prospects, for companies utilizing AI and machine learning technologies to deliver cutting edge energy saving solutions equipped with remote control capabilities smart scheduling options and automated dimming functionalities<br>The growing fascination with beauty and landscaping has sparked a need for adaptive light design solutions in recent times. This involves crafting lighting options that not only improve safety and visibility but also elevate nighttime environments into visually pleasing settings. Businesses embracing this trend might offer outdoor lighting setups with artistic flair revolutionize the market and carve out a distinctive niche, in the sector.
04
Challenge: High Initial Installation Costs
The initial investment for lighting setups with sophisticated functionalities like smart controls and energy savings can be quite steep for most people to consider purchasing them right away – especially those living in regions with lower buying power limitations. People might hesitate to embrace lighting systems due, to this financial hurdle which could potentially impede the overall expansion of the market in the future.
Supply Chain Landscape
1
Product Design & Development
Philips Lighting Holding
General Electric Company
2
Raw Materials Acquisition
Osram GmbH
Cree Inc
3
Manufacturing & Assembly
Zumtobel Group AG
Hubbell Lighting Inc
4
Distribution & Sales
Eaton Corporation Plc
Dialight Plc
1
Product Design & Development
Philips Lighting Holding
General Electric Company
2
Raw Materials Acquisition
Osram GmbH
Cree Inc
3
Manufacturing & Assembly
Zumtobel Group AG
Hubbell Lighting Inc
4
Distribution & Sales
Eaton Corporation Plc
Dialight Plc
*The illustration highlights the key stakeholders within the supply chain ecosystem.
Applications of Outdoor Lighting in Residential Security Lighting, Outdoor Event Illumination and Commercial and Public Spaces Lighting
Residential Security Lighting
<p>Outdoor lighting plays a role in enhancing home security by deterring potential intruders and preventing theft incidents effectively. Tailoring lighting solutions to areas using motion sensors and timed switches helps reduce the risk of burglary. Renowned brands such, as Philips and GE offer a range of lighting options that combine style with practicality to safeguard homes.</p>
Outdoor Event Illumination
<p>Outdoor lighting has an impact during different occasions like garden weddings and outdoor concerts by setting the mood and ensuring safety while directing movement effectively with specialized lighting options offered by renowned brands such, as Sylvania and CREE known for their energy efficient event lighting solutions.</p>
Commercial and Public Spaces Lighting
<p>Outdoor lighting is beneficial for public areas at night as it improves safety and usability of these spaces after dark by extending business hours and enhancing visibility for drivers while ensuring safety in parks and recreational areas as well as sidewalks Market leaders, like Osram and Acuity Brands provide lighting solutions specifically designed for these purposes with exceptional brightness and durability.</p>
Recent Developments
December 2024
<p>Philips Lighting unveiled its outdoor lighting solution known as the Solar Park Light. These LED lights come with a range of features. Are designed to be energy efficient, by incorporating solar panels.</p>
October 2024
<p>GE Lighting has just introduced their line of outdoor lighting called GE Illuminate, which comes with smart features like remote control and automatic day night sensors, through IoT technology.</p>
August 2024
<p>Osram introduced the Night Breaker, a lighting solution designed for use that includes motion and temperature sensors to enhance safety and visibility, in outdoor areas.</p>
Over the ten years or so the market for outdoor lighting has seen a lot of change and growth with new trends shaping its path forward in significant ways. The drive towards using energy environmentally friendly lighting solutions has played a big role in this evolution especially with increasing awareness about conserving energy on a global scale. One key trend that stands out is the growing acceptance of LED lighting, in the market.
Impact of Industry Transitions on the Outdoor Lighting Market
As a core segment of the Buildings & Real Estate Construction industry,
the Outdoor Lighting market develops in line with broader industry shifts.
Over recent years, transitions such as Shift Towards Solar Energy and Advent of Smart Lighting Technology have redefined priorities
across the Buildings & Real Estate Construction sector,
influencing how the Outdoor Lighting market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Shift Towards Solar Energy
The outdoor lighting industry is undergoing a shift towards energy efficiency and sustainability as environmental awareness and concerns over energy expenses drive the adoption of solar powered outdoor lighting options that are simple to install and maintain while utilizing renewable solar energy to lessen dependence , on conventional power sources. Consumers are becoming more aware of the cost savings in the run and the environmental advantages of solar outdoor lighting solutions driving market trends forward.
02
Advent of Smart Lighting Technology
The outdoor lighting industry has been greatly influenced by the emergence of technology in recent years. Lighting integrates Internet of Things (IoT) and artificial intelligence (AI) innovations to offer various functions like motion detection capabilities and the convenience of automated scheduling and remote access, via smartphone applications.