The Global Outdoor LED Lighting Market is valued at approximately USD 17.06 billion in 2024 and is anticipated to grow at a robust CAGR of around 9.40% over the forecast period 2025-2035. Outdoor LED lighting, known for its exceptional energy efficiency, long lifespan, and low maintenance cost, has become a cornerstone of modern urban infrastructure. The rising global focus on sustainability, the adoption of smart city initiatives, and the urgent drive to reduce carbon footprints have been key catalysts behind this market's growth trajectory. Governments and municipalities across the globe are increasingly replacing traditional lighting systems with LED-based solutions to enhance public safety, aesthetics, and operational efficiency. Additionally, the surge in infrastructure development, including highways, airports, stadiums, and industrial facilities, has further fueled the deployment of outdoor LED lighting solutions across multiple sectors.
The continuous evolution of lighting technologies, combined with advancements in IoT-enabled smart control systems, has transformed outdoor illumination from a mere utility to an integral part of intelligent urban management. Cities worldwide are shifting toward adaptive lighting systems that automatically adjust brightness and color based on weather conditions, occupancy, or time of day, leading to significant energy conservation. Moreover, incentives and rebates from governments for energy-efficient installations are accelerating large-scale adoption. According to the International Energy Agency (IEA), LED lighting is projected to account for over 90% of global lighting sales by 2030, underscoring the sector's transformative potential. However, the relatively high initial investment cost and concerns related to heat management and light pollution are likely to restrain market expansion during the forecast period.
The detailed segments and sub-segments included in the report are:
By Type:
- LED Lights
- Plasma Lamps
- High-Intensity Discharge (HID) Lamps
- Fluorescent Lights
By Application:
- Street Lighting
- Highways and Roadways
- Parking Lots
- Architectural Lighting
- Industrial and Commercial Outdoor Spaces
- Others
By Distribution Channel:
- Direct Sales
- Retail Sales
- E-Commerce
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- LED Lights Segment Expected to Dominate the Market
- LED lights continue to hold a dominant position in the outdoor lighting market and are expected to retain their supremacy throughout the forecast period. Their superior energy efficiency, high luminous efficacy, and longer operational lifespan make them the preferred choice across residential, commercial, and industrial applications. The global transition toward LED technology is underpinned by its ability to reduce energy consumption by nearly 75% compared to traditional lighting sources. The proliferation of connected and intelligent LED systems, capable of real-time monitoring and control, further enhances their appeal. Moreover, LED innovations-such as tunable white lighting and dynamic color control-are revolutionizing public spaces, landmarks, and streetscapes, blending functionality with design aesthetics. In essence, while other technologies continue to serve niche segments, LED lighting remains the indisputable leader in performance, adoption, and sustainability.
- Street Lighting Segment Leads in Revenue Contribution
- Among the various applications, street lighting currently contributes the largest share to overall market revenues. Municipalities and urban planners are increasingly investing in large-scale LED retrofit projects to replace outdated sodium-vapor and fluorescent systems. These projects not only reduce electricity consumption and maintenance costs but also contribute to enhanced public safety and reduced greenhouse gas emissions. Furthermore, the integration of motion sensors, dimming controls, and remote management systems is making LED streetlights smarter and more adaptive. Concurrently, architectural and commercial outdoor lighting is emerging as a promising segment, particularly driven by the rising demand for aesthetic illumination in public plazas, retail spaces, and entertainment venues. This convergence of efficiency, technology, and design is reshaping how outdoor spaces are lit and experienced.
- The key regions considered for the Global Outdoor LED Lighting Market study include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to dominate the global market owing to the widespread implementation of energy-efficient lighting regulations, early adoption of smart infrastructure, and strong technological innovation. Europe closely follows, driven by the EU's stringent energy directives and aggressive sustainability targets that promote LED adoption in both public and private sectors. Meanwhile, the Asia Pacific region is anticipated to witness the fastest growth, fueled by rapid urbanization, expanding smart city projects, and government-led initiatives in countries such as China, India, and Japan. Latin America and the Middle East are also gaining momentum, supported by infrastructural modernization, commercial real estate expansion, and increased awareness regarding energy conservation.
Major market players included in this report are:
- Signify Holding (Philips Lighting)
- Acuity Brands, Inc.
- Osram Licht AG
- Hubbell Incorporated
- General Electric Company
- Cree Lighting (Ideal Industries, Inc.)
- Eaton Corporation plc
- Seoul Semiconductor Co., Ltd.
- Nichia Corporation
- Bridgelux, Inc.
- Panasonic Holdings Corporation
- Havells India Ltd.
- LG Electronics Inc.
- Zumtobel Group AG
- Thorn Lighting Ltd.
Global Outdoor LED Lighting Market Report Scope:
- Historical Data - 2023, 2024
- Base Year for Estimation - 2024
- Forecast period - 2025-2035
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained above.
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2025 to 2035.
- Annualized revenues and regional-level analysis for each market segment.
- Detailed analysis of the geographical landscape with country-level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of the competitive structure of the market.
- Demand side and supply side analysis of the market.