Global Outdoor LED Street Lighting Market Growth 2024-2030

Global Outdoor LED Street Lighting Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Outdoor LED Street Lighting market size was valued at US$ 7828 million in 2023. With growing demand in downstream market, the Outdoor LED Street Lighting is forecast to a readjusted size of US$ 14620 million by 2030 with a CAGR of 9.3% during review period.

The research report highlights the growth potential of the global Outdoor LED Street Lighting market. Outdoor LED Street Lighting are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Outdoor LED Street Lighting. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Outdoor LED Street Lighting market.

Outdoor LED Street Light is an integrated light that uses light emitting diodes (LED) as its light source.

Growing need for smart city infrastructure and rising demand for energy-efficient lighting solutions is one of the major factors driving the market growth.

Key Features:

The report on Outdoor LED Street Lighting market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Outdoor LED Street Lighting market. It may include historical data, market segmentation by Type (e.g., Below 100W, 100-150W), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Outdoor LED Street Lighting market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Outdoor LED Street Lighting market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Outdoor LED Street Lighting industry. This include advancements in Outdoor LED Street Lighting technology, Outdoor LED Street Lighting new entrants, Outdoor LED Street Lighting new investment, and other innovations that are shaping the future of Outdoor LED Street Lighting.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Outdoor LED Street Lighting market. It includes factors influencing customer ' purchasing decisions, preferences for Outdoor LED Street Lighting product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Outdoor LED Street Lighting market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Outdoor LED Street Lighting market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Outdoor LED Street Lighting market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Outdoor LED Street Lighting industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Outdoor LED Street Lighting market.

Market Segmentation:

Outdoor LED Street Lighting market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Below 100W
100-150W
Above 150W

Segmentation by application
Highway
Arterials
Subsidiary Road & Residential Streets
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cree
LEOTEK
Hubbell
Acuity Brands
LSI Industries Inc
GE Lighting
Philips Lighting
Eaton Cooper
Osram
Kingsun
Revolution Lighting
Excellence Optoelectronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Outdoor LED Street Lighting market?

What factors are driving Outdoor LED Street Lighting market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Outdoor LED Street Lighting market opportunities vary by end market size?

How does Outdoor LED Street Lighting break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.