Outdoor Lighting Market Share, Growth and Future Analysis Report 2034
Global Outdoor Lighting Market Growth, Size, Trends Analysis - By Type, By Application, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jun-2025 | Report ID: SEMI2527 | Pages: 1 - 277 | Formats*: |
| Category : Semiconductor and Electronics | |||
Outdoor Lighting Market Introduction and Overview
According to SPER Market Research, the Global Outdoor Lighting Market is estimated to reach USD 43.63 billion by 2034 with a CAGR of 9.68%.
The report includes an in-depth analysis of the Global Outdoor Lighting Market, including market size and trends, product mix, Applications, and supplier analysis. The market for outdoor lighting was valued at USD 17.32 billion in 2024 and is projected to expand at a compound annual growth rate (CAGR) of 9.68% between 2025 and 2034. The combination of urbanisation, infrastructure expansion, and the growing focus on energy-efficient solutions is driving a notable increase in the demand for outdoor lighting worldwide. In order to improve safety, energy efficiency, and aesthetic appeal, governments all over the world are making significant investments in smart city initiatives, which give priority to sophisticated lighting systems for streets, parks, and public areas.
By Type Insights:
LED lights accounted for the greatest market share in 2024. They are popular for outdoor lighting because of their energy economy, durability, and longevity. LEDs use less energy than incandescent and CFL bulbs, leading to lower bills and less carbon emissions. They provide immediate light and stay cool, improving safety. Their directional lighting allows for better control, reducing extra fixtures and light pollution. LEDs come in various colors and do not attract insects, making them great for outdoor spaces. Although they cost more initially, their long lifespan and low upkeep make them a smart choice over time, leading to increased use in outdoor lighting.
By Application Insights:
The commercial demand for outdoor lights had a largest market share in 2024. This demand is mainly due to the need for better safety, efficiency, and customer experience in commercial areas like retail, hospitality, and offices. Advanced lighting solutions help create attractive environments that reflect brand styles. Intelligent systems, such as IoT and motion sensors, aid in saving costs and meeting sustainability goals. Government rules on energy efficiency also boost investments in high-performance outdoor lighting.
By Distribution Channel Insights:
The sales of outdoor lights through offline channels had the largest market share in 2024. This growth is because offline shopping offers a hands-on experience, allowing customers to inspect products and get personalized advice. Retail stores and showrooms attract buyers by displaying various lighting options, including new designs. Additionally, offline channels benefit from relationships with contractors, architects, and designers who purchase lighting for big projects. Better customer support and bundled installation services also strengthen offline sales.
Regional Insights:
In 2024, the North American outdoor lighting market accounted for the greatest portion of worldwide revenue. Key factors driving demand include strong infrastructure development and a focus on sustainability. Canada's Green Infrastructure Fund promotes energy-efficient lighting in public areas, while solar and LED technologies provide sustainable options. The demand for attractive and practical outdoor lighting in commercial spaces, along with the rise of smart city projects, supports growth in both residential and commercial areas.
Market Competitive Landscape:
The outdoor lighting industry is competitive, with global, regional, and local companies competing for market share through innovation and partnerships. Major players like Signify, Acuity Brands, and OSRAM lead the market with diverse offerings in LED, solar, and smart lighting. They use advanced technologies like IoT systems and AI energy management to meet the demand for energy-efficient solutions, supported by strong distribution networks and collaborations with governments on infrastructure projects.
Recent Developments:
Signify, the owner of the Philips Hue trademark, announced the Philips Smart LED bulbs' global introduction in September 2023. In order to develop the new portfolio, Signify purchased Wiz in 2019. The "Wiz Connected" logo on the blue box distinguishes the new portfolio from Hue products.
In May 2023, Cyclone Lighting, a well-known manufacturer of outdoor luminaires under the Acuity brand, announced the release of the Elencia luminaire. Outdoor post-top lighting offers an upscale appearance thanks to high-performance optics and a reworked, modern lantern style.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Type, By Application, By Distribution Channel |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Signify Holding, ACUITY BRANDS, INC, Hubbell, Zumtobel Group, ams-OSRAM AG, Outdoor Lighting Perspectives, Savant Systems Inc (GE Lighting), Cree LED, SYSKA, Virtual Extension. |
- Global Outdoor Lighting Market Size (FY 2021-FY 2034)
- Overview of Global Outdoor Lighting Market
- Segmentation of Global Outdoor Lighting Market By Type (LED Lights, Plasma Lamps, High-Intensity Discharge Lampsm, Fluorescent Lights)
- Segmentation of Global Outdoor Lighting Market By Application (Residential, Commercial)
- Segmentation of Global Outdoor Lighting Market By Distribution Channel (Online, Offline)
- Statistical Snap of Global Outdoor Lighting Market
- Expansion Analysis of Global Outdoor Lighting Market
- Problems and Obstacles in Global Outdoor Lighting Market
- Competitive Landscape in the Global Outdoor Lighting Market
- Details on Current Investment in Global Outdoor Lighting Market
- Competitive Analysis of Global Outdoor Lighting Market
- Prominent Players in the Global Outdoor Lighting Market
- SWOT Analysis of Global Outdoor Lighting Market
- Global Outdoor Lighting Market Future Outlook and Projections (FY 2025-FY 2034)
- Recommendations from Analyst
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2.Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Outdoor Lighting Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Outdoor Lighting Market
7. Global Outdoor Lighting Market, By Type (USD Million) 2021-2034
- 7.1. LED Lights
- 7.2. Plasma Lamps
- 7.3. High-Intensity Discharge Lamps
- 7.4. Fluorescent Lights
8. Global Outdoor Lighting Market, By Application (USD Million) 2021-2034
- 8.1. Residential
- 8.2. Commercial
9. Global Outdoor Lighting Market, By Distribution Channel (USD Million) 2021-2034
- 9.1. Online
- 9.2. Offline
10. Global Outdoor Lighting Market, (USD Million) 2021-2034
- 10.1. Global Outdoor Lighting Market Size and Market Share
11. Global Outdoor Lighting Market, By Region, (USD Million) 2021-2034
- 11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
- 11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
- 11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
- 11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
- 11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America
12. Company Profile
- 12.1. Signify Holding
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. ACUITY BRANDS, INC
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. Hubbell
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Zumtobel Group
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. ams-OSRAM AG
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. Outdoor Lighting Perspectives
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Savant Systems Inc (GE Lighting)
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Cree LED
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. SYSKA
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. Virtual Extension
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Outdoor Lighting Market is projected to reach USD 43.63 billion by 2034, growing at a CAGR of of 9.68% during the forecast period.
Outdoor Lighting Market grew in Market size from 2025. The Market is expected to reach USD 43.63 billion by 2034, at a CAGR of 9.68% during the forecast period.
Outdoor Lighting Market CAGR of 9.68% during the forecast period.
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Outdoor Lighting Market size is USD 43.63 billion from 2025 to 2034.
Outdoor Lighting Market is covered By Type, By Application, By Distribution Channel
The North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa is the highest Market share in the Outdoor Lighting Market.
Signify Holding, ACUITY BRANDS, INC, Hubbell, Zumtobel Group, ams-OSRAM AG, Outdoor Lighting Perspectives, Savant Systems Inc (GE Lighting), Cree LED, SYSKA, Virtual Extension.
The report includes an in-depth analysis of the Global Outdoor Lighting Market, including market size and trends, product mix, Applications, and supplier analysis.
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