Dec 13, 2022   SOURCE: BusinessWire

The Worldwide Outdoor LED Lighting Industry is Projected to Reach $51.5 Billion by 2027 - ResearchAndMarkets.com

The "Outdoor LED Lighting Market by Installation (New, Retrofit), Offering, Sales Channel, Communication, Wattage (Below 50W, 50-150W, Above 150W), Application (Streets and Roads, Architecture, Sports, Tunnels) and Geography - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The outdoor LED lighting market size is estimated to be USD 25.7 billion in 2022 and is projected to reach USD 51.5 billion by 2027, at a CAGR of 14.9% during the forecast period.

Companies Mentioned

  • Acuity Brands
  • Cree Lighting (Ideal Industries, Inc.)
  • Dialight plc
  • Digital Lumens Inc.
  • Eaton Corporation
  • Envision Led Lighting
  • Evluma
  • Fagerhults Belysning Ab
  • Forest Lighting
  • GE Current (A Daintree Company)
  • Gogreener Led Lighting, LLC.
  • Hengdian Group Tospo Lighting Co. Ltd
  • Honyar
  • Lg Electronics
  • Lighting Science Group
  • Neptun Light, Inc.
  • Nvc International Holdings Limited
  • Nvc Internationals Holdings Limited
  • Opple Lighting Co. Ltd.
  • Osram Licht Ag
  • Panasonic Life Solutions (Panasonic Corporation)
  • Samsung
  • Schreder
  • Seoul Semiconductor
  • Sharp Corporation
  • Signify N.V.
  • Syskaa Led
  • Tanko Lighting Inc.
  • Wipro Lighting
  • Zumbotel Group Ag

New installation type to register the largest market share in the forecast period

With the ongoing developments across the globe, the increasing technological investments towards infrastructure will evidently tend to the new installations in the outdoor LED lighting market. Increased infrastructure and construction projects for various applications, like highways, stadiums, tunnels, etc., will require new installations for new projects.

Hence, the new installations segment will hold a larger market share throughout the forecast period.

The streets and roads application segment is likely to dominate the outdoor LED lighting market from 2022 to 2027

According to market estimates, the streets and roads segment is expected to account for the largest market share throughout the forecast period due to rapid urbanization and government efforts to reduce energy consumption by adopting LED lighting solutions. Streets and roadways are continuously illuminated; hence, there is a high requirement for energy.

Therefore, switching to LED lighting is a better choice. Streets and roadways are expected to provide lucrative opportunities to outdoor LED lighting market players.

Europe is projected to account for the second-largest market share in the outdoor LED lighting market

The outdoor LED lighting market in Europe considers Germany, France, Italy, UK, and Rest of Europe for the study. These countries are expected to drive the LED lighting market growth in Europe in the future. The LED lighting market in Europe is highly fragmented, with the presence of several large and medium-sized companies offering products for various applications considered in this study.

Germany has more than 50 medium-sized companies that manufacture LED lighting products. The sustainable policies of the government in this region drive the demand for the outdoor LED lighting market. Two recent policy measures - updated Ecodesign regulations and RoHS Directive regulations governing hazardous substances in electrical equipment - will shift the EU market away from conventional mercury-containing fluorescent lighting to advanced LED lighting technology.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

5.1. Introduction

5.2. Market Dynamics

5.2.1. Drivers

5.2.2. Restraints

5.2.3. Opportunities

5.2.4. Challenges

5.3. Value Chain Analysis

5.4. Trends/Disruptions Impacting Customers Business

5.5. Outdoor Led Lighting Market Ecosystem

5.6. Porter's Five Forces Analysis

5.7. Case Studies

5.8. Technology Analysis

5.9. Average Selling Price Analysis

5.10. Trade Analysis

5.10.1. Import Scenario

5.10.2. Export Scenario

5.11. Patent Analysis

5.12. Key Conferences and Events in 2022-2023

5.13. Tariff and Regulatory Landscape

5.13.1. Regulatory Bodies, Government Agencies, and Other Organizations

5.13.2. Industry Standards Related to Outdoor Led Lighting

5.14. Key Stakeholders & Buying Criteria

6 Outdoor Led Lighting Solutions, by Product Offering

6.1. Introduction

6.2. Hardware

6.2.1. Lamps

6.2.2. Luminaires

6.2.3. Control Systems

6.3. Software

6.4. Services

6.4.1. Pre-Installation Services

6.4.2. Post-Installation Services

7 Outdoor Led Lighting Market, by Installation Type

7.1. Introduction

7.2. New

7.3. Retrofit

8 Outdoor Led Lighting Market, by Interfacing Standard

8.1. Introduction

8.2. Nema

8.3. Zhaga

9 Outdoor Led Lighting Market, by Wattage Type

9.1. Introduction

9.2. Less Than 50 W

9.3. 50-150 W

9.4. More Than 150 W

10 Outdoor Led Lighting Market, by Control Mechanism

10.1. Introduction

10.2. Wired

10.3. Wireless

11 Outdoor Led Lighting Market, by Type

11.1. Introduction

11.2. Streetlights

11.3. Floodlights

11.4. Spotlights

11.5. Others

12 Outdoor Led Lighting Market, by End Use Application

12.1. Introduction

12.2. Highway and Roadway

12.3. Tunnel

12.4. Public Places

12.4.1. Commercial

12.4.2. Airport Runway

12.4.3. Parking Structures

12.4.4. Parks and Gardens

12.4.5. Stadium and Sports Complex

12.5. Historical and Architectural Places

12.6. Others

13 Outdoor Led Lighting Market, by Sales Channel

13.1. Introduction

13.2. Retail/Wholesale

13.3. Direct Sales/Contract-Based

13.4. Online/E-Commerce (Third Party)

14 Geographic Analysis

15 Competitive Landscape

16 Company Profiles

17 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/jeffqn