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

Outdoor Lighting Market Size

Outdoor Lighting Market was valued at around USD 37.4 billion in 2023 and is estimated to register a CAGR of 5.1% between 2024 and 2032. The ongoing urbanization and development of infrastructure in urban and suburban areas drive demand for outdoor lighting solutions. Municipalities, city planners, and developers invest in outdoor lighting to enhance safety, security, and aesthetics in public spaces such as streets, parks, plazas, and commercial districts.
 

Outdoor lighting is utilized to enhance the visual appeal and ambiance of outdoor environments, contributing to urban beautification and placemaking initiatives. Architectural lighting, landscape lighting, and decorative lighting fixtures are employed to accentuate landmarks, monuments, buildings, and outdoor landscapes, creating inviting and vibrant public spaces. The proliferation of smart city initiatives and digital transformation projects worldwide drives the adoption of smart outdoor lighting systems integrated with IoT (Internet of Things) technology and data analytics. Smart lighting networks enable remote monitoring, real-time data collection, and adaptive lighting control, optimizing energy efficiency, maintenance, and operational performance.
 

The upfront costs associated with purchasing and installing outdoor lighting systems, particularly energy-efficient and smart lighting solutions, can be substantial. For businesses, municipalities, and homeowners, the initial investment may pose a barrier to adoption, especially in cases where budget constraints or ROI concerns limit spending on lighting upgrades or retrofits. Compliance with a complex regulatory landscape, including energy efficiency standards, lighting ordinances, environmental regulations, and safety codes, poses challenges for outdoor lighting manufacturers, designers, and installers. Keeping up with evolving regulations and ensuring compliance across various jurisdictions requires expertise, resources, and ongoing diligence.
 

Outdoor Lighting Market Trends

The widespread adoption of LED (Light Emitting Diode) technology continues to drive innovation and growth in the outdoor lighting industry. LED lighting offers numerous advantages over traditional lighting sources, including energy efficiency, long lifespan, durability, and design flexibility. As LED technology becomes more cost-effective and versatile, stakeholders increasingly embrace LED outdoor lighting solutions for various applications, including street lighting, landscape lighting, architectural lighting, and security lighting. The integration of smart lighting systems with IoT (Internet of Things) technology enables advanced functionality, remote monitoring, and data-driven insights in outdoor lighting applications.

Smart outdoor lighting solutions feature sensor-based controls, wireless connectivity, and cloud-based platforms that allow for real-time monitoring, adaptive lighting adjustments, and energy optimization. With the rise of smart cities and connected infrastructure initiatives, stakeholders leverage smart outdoor lighting to enhance efficiency, safety, and sustainability in urban environments. Human-centric lighting design principles emphasize the importance of lighting quality, color temperature, and intensity in promoting health, well-being, and productivity. Outdoor lighting manufacturers and designers increasingly incorporate human-centric lighting concepts into their products and projects, considering factors such as circadian rhythm, visual comfort, and glare reduction.
 

Outdoor Lighting Market Analysis

Based on bulb type, the market is divided into led, incandescent, halogen, compact florescent and others. In 2023, conventional LED lights held the dominant market of USD 11.7 billion and is expected to reach USD 18.9 billion by 2032. LED outdoor lighting fixtures are highly energy-efficient, consuming significantly less energy than traditional lighting technologies. The demand for LED outdoor lighting is driven by the need to reduce energy costs and lower carbon emissions, aligning with sustainability goals and environmental regulations.
 

LED bulbs have a longer lifespan compared to other bulb types, reducing the frequency of bulb replacements and maintenance costs for outdoor lighting installations. The longevity of LED fixtures contributes to cost savings and operational efficiency for property owners and municipalities. Halogen bulbs offer superior brightness and color rendering compared to traditional incandescent bulbs, making them popular choices for outdoor lighting applications where color accuracy and visual impact are important. The demand for halogen outdoor lighting is driven by the desire for high-quality illumination and enhanced aesthetics in outdoor spaces.
 

Based on lumen output, the outdoor lighting market is categorized into low, mid and high. In 2023, mid output held the dominant market share of 48.5% and is anticipated to grow through 2032. Outdoor lighting fixtures with mid-range lumen output are commonly used for functional illumination purposes, such as general area lighting, task lighting, and security lighting. The demand for mid-lumen fixtures is driven by the need to provide adequate brightness for essential outdoor activities, such as walking, working, or recreational use after dark. Outdoor lighting fixtures with low lumen output are often used for ambiance and accent lighting purposes, creating subtle illumination and decorative effects in outdoor spaces.
 

The demand for low-lumen fixtures is driven by the desire to enhance the visual appeal, atmosphere, and ambiance of outdoor environments, such as gardens, patios, and pathways. Outdoor lighting fixtures with high lumen output are instrumental in enhancing safety, security, and visibility in outdoor environments, particularly in areas with high traffic, crime risk, or safety concerns. The demand for high-lumen fixtures is driven by the need to deter criminal activity, improve surveillance, and promote a sense of safety and well-being among residents, employees, and visitors.
 

North America held a market of around USD 7 billion in 2023 and is expected to reach USD 10.8 billion by 2032. Demand for outdoor lighting solutions extends to residential, commercial, and institutional applications in North America. Homeowners, businesses, schools, hospitals, and retail establishments invest in outdoor lighting to improve curb appeal, enhance security, and extend outdoor living spaces.
 

Landscape lighting, pathway lighting, security lighting, and architectural lighting are popular applications in residential and commercial settings. Increasing emphasis on energy efficiency and sustainability initiatives in North America has led to the adoption of energy efficiency regulations and standards for outdoor lighting products. Governments, utilities, and environmental agencies promote the use of energy-efficient lighting technologies, such as LED (Light Emitting Diode) lighting, to reduce energy consumption, lower operating costs, and mitigate environmental impact.
 

Outdoor Lighting Market Share

Outdoor lighting industry seem to be moderately fragmented in nature due to presence of local and global players across the globe. In 2023, the above list of market players such as Signify, Acuity Brands, Inc., Hubbell Incorporated, Cree, Inc., Eaton Corporation, Osram Licht AG, Zumtobel Group and General Electric Company collectively held around 15%-20% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.
 

Outdoor Lighting Market Companies

Major players operating in the market are:

• Acuity Brands, Inc.
• Cooper Lighting Solutions
• Cree, Inc.
• Eaton Corporation
• General Electric Company
• Hinkley Lighting
• Hubbell Incorporated
• Kichler Lighting LLC
• LEDVANCE GmbH
• Lithonia Lighting
• Lutron Electronics Co., Inc.
• Osram Licht AG
• Signify
• Thorn Lighting
• Zumtobel Group
   

Outdoor Lighting Industry News

• In May 2022, Signify completed the acquisition of Fluence from ams OSRAM (SIX: AMS)
   
• In July 2021, Signify (Euronext: LIGHT) acquired Telensa Holdings Ltd, a UK-based expert in smart city wireless monitoring and control systems.
   
• In April 2021, Acuity Brands, Inc. (NYSE: AYI) (Acuity), a leading industrial technology company, announced its definitive agreement to purchase ams OSRAM’s North American Digital Systems (DS) business
   
• In May 2021, Luminis, an Acuity brand, introduced decorative shrouds and a 180-degree shield as options for its Lumistik family of luminaires.
   
• In March 2020, Signify (Euronext: LIGHT) upgraded its portfolio of compact Philips Xitanium Sensor Ready Xtreme LED drivers for outdoor applications with the recently granted D4i certification.
   

The outdoor lighting market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion)(Million Units) from 2021 to 2032, for the following segments:

Click here to Buy Section of this Report

Market, By Product

• Decorative Lighting
• Post Lights
• Wall Lights
  • Hanging Lights
  • Chandeliers
  • Others (Hanging Lights, Flush Mounts, etc.)
• Path & Step lights
• Deck & Patio lights
• Garden lights
• Security lighting
• Flood & Spot lights
• Bollard
• Others (Rope Lights, String Lights, etc.)

Market, By Price Range

• Low (Below $500)
• Medium ($500-1,500)
• High (Above $ 1500)

Market, By Bulb Type

• LED
• Incandescent
• Halogen
• Compact Florescent
• Others (Xenon/Krypton, Florescent, etc.)

Market, By Lumen Output

• Below 1,000
• 1,000-4,000
• Above 4,000

Market, By Application

• Residential
• Commercial
  • HoReCa
  • Sports Centers
  • Healthcare
  • Retail
  • Institutional
  • Others (Galleries/Museums, Corporates, etc.)
• Roadway & Tunnels
• Industrial & Warehousing
• Others (Govt Agencies, Rescue Operation, etc.)

Market, By Distribution Channel

• Online
  • E-commerce
  • Company website
• Offline
  • Supermarkets
  • Departmental stores
  • Others (Individual stores, etc.)

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA