Outdoor Lighting Market Size Is Anticipated To Reach USD 28.43 Billion By 2030: Grand View Research Inc.

 San Francisco, 31 January 2025: The Report Outdoor Lighting Market Size, Share & Trends Analysis Report By Type (LED Lights, Plasma Lamps, High-Intensity Discharge Lampsm, Fluorescent Lights), By Application, By Distribution Channel, By Region, And Segment Forecasts, 2025 - 2030

The global outdoor lighting market size is expected to reach USD 28.43 billion by 2030, registering a CAGR of 9.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. The increasing awareness to obtain efficiency in terms of energy consumption and other environment-friendly qualities for the outdoor lighting structure are the major growth drivers for the market.

The pandemic had a significant impact on work culture, and many people still prefer the flexibility of working from the comfort of their homes. The need to be home most of the time increases the likelihood of investing in home comforts. To better enjoy the time spent relaxing on their porches, homeowners started making larger investments in outdoor lighting and entertainment. For instance, according to the Outdoor Furnishings Trend Report released by the International Casual Furnishings Association (ICFA), 71% of Americans are spending much more time outside in 2022 compared to the previous year, as many as seven hours per week.

Additionally, governments are taking various initiatives to build innovative open spaces. For instance, the National Trust/National Lottery Heritage Fund Future Parks initiative, and the work undertaken by the Parks Action Group, look at innovative ways of sustaining parks and greenspace. These initiatives also ensure they serve the needs of the local community. Increasing government initiatives to build open spaces are expected to present the street lighting industry with numerous opportunities.

One of the primary drivers behind the construction of new highways and streets has been the increase in traffic. Governments in many nations, including the U.S., China, and India, are firmly focusing on making investments in the development of road infrastructure. For instance, it is anticipated that the $3.3 billion Hampton Roads Bridge-Tunnel (HRBT) expansion project in the United States, which will enlarge I-64 from four to eight lanes between Hampton and Norfolk, will be completed by 2024. This will increase demand for and use of street, highway, and tunnel lighting.

Asia Pacific region is expected to register the fastest CAGR over the forecast period. Rapid investments in the construction sector in line with the development of smart city projects are expected to open new opportunities for players in the outdoor landscape lighting industry over the coming years. Moreover, the growing per capita income in developing countries across the region will augment product demand.

Access Research Report of Outdoor Lighting Market @ https://www.grandviewresearch.com/industry-analysis/outdoor-lighting-market-report

Outdoor Lighting Market Report Highlights

• LED lights accounted for a market share of 49.52% in 2024. LED lights are preferred for outdoor lighting due to their exceptional energy efficiency, durability, and longevity.
• The commercial demand for outdoor lights held a market share of 66.48% in 2024. A rise in infrastructural development in the hospitality industry is driving the segment growth
• The sales of outdoor lights through offline channels accounted for a market share of 66.22% in 2024. The rising use of smartphones and similar devices, coupled with increasing internet penetration among consumers is the key factor driving the popularity of online channels in the market
• Asia Pacific accounted for a revenue share of around 29.82% in the year 2024. The growth in the region is majorly attributed to the growing hospitality industry owing to which the demand of outdoor landscape lighting and street lighting.

Outdoor Lighting Market Report Scope

Report Attribute	Details
Market size value in 2025	USD 18.15 billion
Revenue forecast in 2030	USD 28.43 billion
Growth rate	CAGR of 9.4% from 2025 to 2030
Actuals	2018 - 2024
Forecast period	2025 - 2030

List Of Key Players 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

Access Press Release of Outdoor Lighting Market @ https://www.grandviewresearch.com/press-release/global-outdoor-lighting-market

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon