PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1729698
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1729698
Global Landscape Lighting Market is estimated to be valued at US$ 14.87 Bn in 2025 and is expected to reach US$ 27.36 Bn by 2032, growing at a compound annual growth rate (CAGR) of 9.1% from 2025 to 2032.
Report Coverage | Report Details | ||
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Base Year: | 2024 | Market Size in 2025: | USD 14.87 Bn |
Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: | 9.10% | 2032 Value Projection: | USD 27.36 Bn |
Rapid urbanization along with growing focus of municipal authorities towards developing aesthetically appealing public spaces are the key factors augmenting the growth of this market. Landscape lighting enhances the overall appeal of outdoor areas while improving visibility and safety after dusk. Moreover, proliferation of energy-efficient and smart lighting solutions integrated with motion sensors and dimmers are expected to boost their adoption in residential as well as commercial landscape areas over the forecast period.
The key drivers influencing the growth of the global landscape lighting market include rapid urbanization in developing economies, rising focus of municipal bodies on enhancing public infrastructure, and growing preference towards aesthetically appealing outdoor lighting solutions. Government initiatives promoting adoption of energy-efficient lights and rebate programs on LED lights are further propelling the market growth. However, high initial costs associated with installation and maintenance of landscape lighting systems is a major factor restraining the wide acceptance. On the other hand, emergence of smart landscape lights integrated with connectivity and sensing technologies is expected to present lucrative opportunities for market players over the next few years.
This report provides in-depth analysis of the global landscape lighting market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global landscape lighting market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Signify NV, Masco Corporation, Cree LED, Acuity Brands Inc., Hubbell Incorporated, OSRAM, Zumtobel Group AG, Virtual Extension, Eaton Corporation PLC, Portland General Electric Company, Kichler Lighting, Hunter Industries, FX Luminaire, CAST Lighting, and WAC Lighting
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global landscape lighting market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global landscape lighting market