Outdoor LED Lighting Market Share and Future Trends 2031
Outdoor LED Lighting Market: Size and Share
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CAGR (2025 - 2031)6.90 % -
Market Size 2024
US$ 25.3 billion -
Market Size 2031
US$ 13.9 billion
Market Dynamics
- Increasing adoption of LED lighting
- The promotion of national-level sports leagues driving the growth of stadiums
- Increasing adoption of smart street lighting system
Market Segmentation
Installation Type - New and Retrofit
Wattage - <50W
- 50-100W
- >150W
Application - Highway & Roadway
- Public Place
- Architectural
Outdoor LED Lighting Market Players Density: Understanding Its Impact on Business Dynamics
The Outdoor LED Lighting Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Outdoor LED Lighting Market are:
- Cooper Industries plc (Eaton)
- Cree, Inc
- Dialight PLC
- General Electric Company
- Hubbell Incorporated
- Osram Licht AG
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Outdoor LED Lighting Market top key players overview
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