Global Outdoor Lighting Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

LEDs, HID and Others.

By Distribution Channel;

Offline and Online.

By Application;

Highways, Parking Lot, Stadium, Tunnels, Building Exteriors and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn916519019 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Outdoor Lighting Market (USD Million), 2021 - 2031

In the year 2024, the Global Outdoor Lighting Market was valued at USD 17,364.73 million. The size of this market is expected to increase to USD 29,376.45 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.

The global outdoor lighting market is witnessing robust growth driven by technological advancements, urbanization trends, and increasing awareness of energy efficiency. Outdoor lighting solutions are essential for enhancing safety, security, and aesthetics in public spaces, residential areas, and commercial establishments worldwide.

Key factors influencing market growth include the adoption of LED lighting technology, which offers significant energy savings and longer lifespan compared to traditional lighting sources. Governments and municipalities are increasingly investing in smart lighting systems to optimize energy consumption and reduce operational costs. These systems integrate sensors and controls for automated lighting management, further bolstering market expansion.

Geographically, developed regions such as North America and Europe lead in adoption due to stringent regulations promoting energy-efficient lighting solutions. Meanwhile, emerging economies in Asia-Pacific and Latin America are witnessing rapid urbanization and infrastructure development, driving the demand for outdoor lighting to support city beautification and safety initiatives.

Looking ahead, innovations in connected lighting technologies and the integration of Internet of Things (IoT) capabilities are expected to reshape the outdoor lighting landscape, offering opportunities for enhanced functionality, data-driven insights, and sustainable urban development strategies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Outdoor Lighting Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy Efficiency
        2. Smart Technology Integration
        3. Urbanization Trends
      2. Restraints
        1. Initial Cost Barriers
        2. Environmental Concerns
        3. Regulatory Challenges
      3. Opportunities
        1. IoT Innovations
        2. Solar-Powered Solutions
        3. Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Outdoor Lighting Market, By Type, 2021 - 2031 (USD Million)
      1. LEDs
      2. HID
      3. Others
    2. Global Outdoor Lighting Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Offline
      2. Online
    3. Global Outdoor Lighting Market, By Application, 2021 - 2031 (USD Million)
      1. Highways
      2. Parking Lot
      3. Stadiu
      4. Tunnels
      5. Building Exteriors
      6. Others
    4. Global Outdoor Lighting Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Osram Licht AG
      2. Acuity Brands, Inc
      3. General Electric Company
      4. LED Roadway Lighting
      5. Neptune Light
      6. Dialight
      7. Rab Lighting
  7. Analyst Views
  8. Future Outlook of the Market