Outdoor Lighting Market - By Product, By Price Range, By Bulb Type (LED, Incandescent, Halogen, Compact Florescent, Others), By Lumen Output (Low, Mid, High), By Application, By Distribution Channel & Forecast 2024 - 2032
Global Outdoor Lighting Market will witness 5.1% CAGR between 2024 and 2032, propelled by continuous technological innovations from leading companies. These innovations are reshaping the outdoor lighting landscape, offering more energy-efficient, durable, and customizable solutions. Companies are introducing advanced LED lighting systems with smart capabilities, allowing for remote monitoring, dimming, and scheduling. For instance, in December 2023, Focus Lighting & Fixtures Limited, a company dedicated to manufacturing and developing innovative LED lights and fixtures, unveiled a groundbreaking outdoor technology. The company was proud to introduce 'Optical', a revolutionary technology poised to redefine the outdoor lighting market.
Moreover, solar-powered outdoor lighting solutions are gaining traction due to their sustainability and cost-effectiveness. These innovations enhance the aesthetic appeal of outdoor spaces while contributing to safety and security. With the increasing emphasis on energy conservation and smart city initiatives, the demand for technologically advanced outdoor lighting solutions will continue to rise, driving further growth in the market.
The overall Outdoor Lighting Industry is classified based on product, price range, bulb type, lumen output, application, distribution channel, and region.
The halogen segment will undergo rigorous development from 2024 to 2032. Despite the emergence of LED technology, halogen bulbs continue to be favored for their affordability and versatility. Halogen bulbs offer a warm and bright light well-suited for outdoor applications such as landscape lighting and security lighting. Additionally, their ease of installation and compatibility with existing fixtures make them a popular choice for both residential and commercial outdoor lighting projects. Thus, the demand for halogen bulb types remains strong in the Outdoor Lighting market.
The outdoor lighting market share from the high segment will register a notable CAGR from 2024 to 2032. High lumen output lights are preferred for their ability to illuminate larger outdoor areas effectively, providing increased visibility and security. They are commonly used in parking lots, sports facilities, and outdoor events. With the emphasis on safety and aesthetics in outdoor spaces, there is a rising need for lighting solutions that offer powerful illumination. Consequently, the demand for outdoor lighting with high lumen output continues to rise.
Europe Outdoor lighting market segment will showcase a commendable CAGR from 2024 to 2032. With increasing urbanization and emphasis on energy efficiency, there's a growing need for outdoor lighting solutions that offer both functionality and sustainability. European countries are investing in smart lighting systems that can enhance safety, reduce energy consumption, and minimize light pollution. Additionally, there's a trend toward architectural lighting to enhance the aesthetics of public spaces. These factors contribute to the growing demand for outdoor lighting products and solutions across Europe.
- Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Base estimates & calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
- 1.4 Forecast model
- 1.4.1 Primary research and validation
- 1.4.2 Primary sources
- 1.4.3 Data mining sources
- Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis, 2021-2032
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.2 Supplier landscape
- 3.3 Profit margin analysis
- 3.4 Ingredient analysis
- 3.5 Key news & initiatives
- 3.6 Regulatory landscape
- 3.7 Impact forces
- 3.7.1 Growth drivers
- 3.7.1.1 Rapid urbanization
- 3.7.1.2 Urban beautification and aesthetics
- 3.7.1.3 Safety and security concerns
- 3.7.1.4 Increasing home beautification trends
- 3.7.2 Industry pitfalls & challenges
- 3.7.2.1 High initial costs
- 3.7.2.2 Complex regulations
- 3.8 Growth potential analysis
- 3.9 Consumer buying behavior
- 3.9.1 Demographic trends
- 3.9.2 Factors affecting buying decision
- 3.9.3 Consumer product adoption
- 3.9.4 Preferred distribution channel
- 3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
- 3.10.6 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
- Chapter 5 Market Estimates & Forecast, By Product, 2021-2032 (USD Billion) (Million Units)
- 5.1 Key trends
- 5.2 Decorative lighting
- 5.3 Post lights
- 5.4 Wall lights
- 5.4.1 Hanging lights
- 5.4.2 Chandeliers
- 5.4.3 Others (Hanging Lights, Flush Mounts, etc.)
- 5.5 Path & Step lights
- 5.6 Deck & Patio lights
- 5.7 Garden lights
- 5.8 Security lighting
- 5.9 Flood & Spot lights
- 5.10 Bollard
- 5.11 Others (Rope Lights, String Lights, etc.)
- Chapter 6 Market Estimates & Forecast, By Price Range, 2021-2032 (USD Billion) (Million Units)
- 6.1 Key trends
- 6.2 Low (Below $500)
- 6.3 Medium ($500-1,500)
- 6.4 High (Above $ 1500)
- Chapter 7 Market Estimates & Forecast, By Bulb Type, 2021-2032 (USD Billion) (Million Units)
- 7.1 Key trends
- 7.2 LED
- 7.3 Incandecent
- 7.4 Halogen
- 7.5 Compact florescent
- 7.6 Others (Xenon/Krypton, Florescent, etc.)
- Chapter 8 Market Estimates & Forecast, By Lumen Output, 2021-2032 (USD Billion) (Million Units)
- 8.1 Key trends
- 8.2 Below 1,000
- 8.3. 1,000-4,000
- 8.4 Above 4,000
- Chapter 9 Market Estimates & Forecast, By Application, 2021-2032 (USD Billion) (Million Units)
- 9.1 Key trends
- 9.2 Residential
- 9.3 Commercial
- 9.3.1 HoReCa
- 9.3.2 Sports centers
- 9.3.3 Healthcare
- 9.3.4 Retail
- 9.3.5 Institutional
- 9.3.6 Others (Galleries/Museums, Corporates, etc.)
- 9.4 Roadway & Tunnels
- 9.5 Industrial & Warehousing
- 9.6 Others (Govt Agencies, Rescue Operation, etc.)
- Chapter 10 Market Estimates & Forecast, By Distribution Channel, 2021-2032 (USD Billion) (Million Units)
- 10.1 Key trends
- 10.2 Online
- 10.2.1 E-commerce
- 10.2.2 Company website
- 10.3 Offline
- 10.3.1 Supermarkets
- 10.3.2 Departmental stores
- 10.3.3 Others (Individual stores, etc.)
- Chapter 11 Market Estimates & Forecast, By Region, 2021-2032 (USD Billion) (Million Units)
- 11.1 Key trends
- 11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
- 11.3 Europe
- 11.3.1 UK
- 11.3.2 Germany
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Russia
- 11.3.7 Rest of Europe
- 11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 Australia
- 11.4.6 Rest of Asia Pacific
- 11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Argentina
- 11.5.4 Rest of Latin America
- 11.6 MEA
- 11.6.1 South Africa
- 11.6.2 Saudi Arabia
- 11.6.3 UAE
- 11.6.4 Rest of MEA
- Chapter 12 Company Profiles
- 12.1 Acuity Brands, Inc.
- 12.2 Cooper Lighting Solutions
- 12.3 Cree, Inc.
- 12.4 Eaton Corporation
- 12.5 General Electric Company
- 12.6 Hinkley Lighting
- 12.7 Hubbell Incorporated
- 12.8 Kichler Lighting LLC
- 12.9 LEDVANCE GmbH
- 12.10 Lithonia Lighting
- 12.11 Lutron Electronics Co., Inc.
- 12.12 Osram Licht AG
- 12.13 Signify
- 12.14 Thorn Lighting
- 12.15 Zumtobel Group
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