PUBLISHER: TechNavio | PRODUCT CODE: 1177392
PUBLISHER: TechNavio | PRODUCT CODE: 1177392
Technavio has been monitoring the outdoor landscape lighting market and it is poised to grow by $704.78 mn during 2022-2027, accelerating at a CAGR of 6% during the forecast period. Our report on the outdoor landscape lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for LED lighting for different applications, increasing awareness of the benefits of using high-quality and energy-efficient lighting devices, and strong government support for the lighting industry.
Technavio's outdoor landscape lighting market is segmented as below:
By Application
By End-user
By Geographical Landscape
This study identifies the rapid advances in technology in the lighting industry as one of the prime reasons driving the outdoor landscape lighting market growth during the next few years. Also, the introduction of intelligent lighting and an increasing number of vendors will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading outdoor landscape lighting market vendors that include Acuity Brands Inc., ALLIANCE Outdoor Lighting, Cast Lighting, Cree Lighting, GE CURRENT A DAINTREE COMPANY, Halco Lighting Technologies LLC, Hubbell Inc., Kichler Lighting LLC, Landscape Forms, LSI Industries Inc, Modern Lighting by Lumens Light and Living, Orbit Lightings, OSRAM GmbH, Oversea Lighting and Electric (M) Sdn. Bhd., Panasonic Holdings Corp., Signify NV, VOLT Lighting, WAC Lighting, Wipro Lighting, and Eaton Corp. Plc. Also, the outdoor landscape lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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