PUBLISHER: TechNavio | PRODUCT CODE: 1516310
PUBLISHER: TechNavio | PRODUCT CODE: 1516310
The outdoor landscape lighting market is forecasted to grow by USD 746.3 mn during 2023-2028, accelerating at a CAGR of 6.02% during the forecast period. The 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 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 benefits of using high-quality and energy-efficient lighting devices, and strong government support for lighting industry.
Technavio's outdoor landscape lighting market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 5.59% |
CAGR | 6.02% |
Incremental Value | $746.3mn |
By Application
By Source
By End-user
By Geography
This study identifies the rapid advances in technology in lighting industry as one of the prime reasons driving the outdoor landscape lighting market growth during the next few years. Also, introduction of intelligent lighting and increasing number of vendors will lead to sizable demand in the market.
The report on the outdoor landscape lighting market covers the following areas:
The 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, Eaton Corp. Plc, Current Lighting Solutions LLC, Halco Lighting Technologies LLC, Hubbell Inc., Kichler Lighting LLC, Landscape Forms, LSI Industries Inc., Modern Lighting by Lumens Light and Living, Orbit Lightings, OSRAM Licht AG, Oversea Lighting and Electric (M) Sdn. Bhd., Panasonic Holdings Corp., Signify NV, VOLT Lighting, WAC Lighting, and Wipro Lighting. 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.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by 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. The 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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