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Outdoor LED Lighting Market1

Outdoor LED Lighting Market include Philips Lighting Holding, Eaton Corporation, Cree, General Electric Company

Outdoor lighting is becoming increasingly popular due to smart outdoor lighting's uses in various outdoor lighting areas, including highways, public spaces, gardens, and universities and colleges.” - Exactitude Consultancy

LUTON, BEDFORDSHIRE, UNITED KINGDOM, June 4, 2024 /EINPresswire / -- The research study on the Outdoor LED Lighting market covers industry sectors, market climate, emerging innovations, competitive intelligence, and current developments in the industry. The sector study investigates the business dynamics of the rising economy, as well as current driving forces, market conditions, risks, trends, and problems. The recently launched growth strategies and development programs by the government and leading players in the market with the aim to impulse growth in the Outdoor LED Lighting market are included in the report.

The outdoor LED lighting market is expected to grow at 14.7 % CAGR from 2024 to 2030. It is expected to reach above USD 85.13 billion by 2030 from USD 32.59 billion in 2023.

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Outdoor LED Lighting Market Dynamics :

The application area of LED lighting extends to warehouses, residential and commercial facilities, government buildings, and other areas. Electricity is mainly used for lighting streets and public spaces, cities, towns, and villages worldwide. A paradigm shift from traditional lighting systems to connected LED technology is the key to energy and cost effectiveness in all lighting applications. LED bulbs are well known for their energy efficiency and have the additional benefit of a long life span, which reduces maintenance and replacement costs. Smart lights can communicate wirelessly with various networks, collecting various types of data such as nearby foot traffic and even helping to reduce crime rates, which cannot be achieved using traditional lightbulbs. The LED lighting system is gaining traction from emerging countries as it forms part of their economic modernization plan.

Main Key Players:

Philips Lighting Holding, Eaton Corporation, Cree, General Electric Company, Osram Licht, Acuity Brands, Hubbell Incorporated, Zumtobel, Legrand, Thorn Lighting.

Dividing the Global Outdoor LED Lighting Market by Product types and Application

Outdoor LED Lighting Market By Offering, 2020-2030, (USD Billion, Thousand Units).

Hardware

Software

Services

Outdoor LED Lighting Market By Application, 2020-2030, (USD Billion, Thousand Units).

Streets & Roads

Architecture & Urban Landscape

Sport & Large Area

Tunnels

Outdoor LED Lighting Market By Installation, 2020-2030, (USD Billion, Thousand Units).

New

Retrofit

Outdoor LED Lighting Market By Sales Channel, 2020-2030, (USD Billion, Thousand Units).

Retail/Wholesale

Direct Sales

E Commerce

Outdoor LED Lighting Market By Wattage Type, 2020-2030, (USD Billion, Thousand Units).

Below 50W

50-150W

Above 150W

Market Analysis and Insights: Global Outdoor LED Lighting Market

Outdoor LED Lighting Market report provides you with detailed insights, industry knowledge, market forecasts and analytics. The report on the global Outdoor LED Lighting industry also clarifies economic risks and environmental compliance. Global market report assists industry enthusiasts including investors and decision makers to make confident capital investments, develop strategies, optimize their business portfolio, innovate successfully and perform safely and sustainably.

The report on the Outdoor LED Lighting market covers the following region (country) analysis:

North America (the United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and the Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East & Africa)

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Key takeaways from the Outdoor LED Lighting Industry study

- Simplified and insightful comprehensive Outdoor LED Lighting market analysis

- Evaluation of growth derivatives, crucial constraints, opportunities, and challenges

- Internal business overview including business connectivity, sales records, supply chain strategies and capabilities, product development, and marketing trends

- Exact Outdoor LED Lighting industry valuation

- Future forecasts and Outdoor LED Lighting market estimations followed by a demand to supply ratio projections

- Competitive benchmarking coupled with competitive analysis

- Key strategic initiatives fuelling Outdoor LED Lighting market growth

- In-depth assessment of the product, application, and regional segments

- Neutral geographic survey based on macro and micro-economic factors highlighting the growth potential of developed and developing economies

Following are the major TOC of the Outdoor LED Lighting Market:

Chapter 1: Outdoor LED Lighting Market Overview

Chapter 2: Global Economic Impact on Industry

Chapter 3: Global Outdoor LED Lighting Market Competition by Manufacturers

Chapter 4: Global Production, Profits (Value) by Region

Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions

Chapter 6: Global Price Trend by Type, Revenue (Value), Production

Chapter 7: Manufacturing Cost Analysis

Chapter 8: Global Market Analysis by Application

Chapter 9: Industrial Chain and Downstream Buyers, Sourcing Strategy

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Global Outdoor LED Lighting Market Forecast

Key Stakeholders:

Raw material suppliers

Distributors/traders/wholesalers/suppliers

Regulatory bodies, including government agencies and NGO

Commercial research and development (R and D) institutions

Importers and exporters

Government organizations, research organizations, and consulting firms

Trade associations and industry bodies

End-use industries

In-depth Examination - This report comprehensively analyses the Outdoor LED Lighting market, encompassing segmentation by type, application, and region. By delving into the intricacies of the market, businesses can gain a deeper understanding of its landscape, discover growth prospects, and make well-informed decisions.

Competitive Insight - The report includes segment data, presenting breakdowns based on different types, industries, and channels.

Niche Market Discovery - The report identifies niche markets that present untapped business opportunities to pursue growth and expansion.

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