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The global Outdoor LED Market is predicted to reach USD 46.84 billion with a CAGR of 17.3% by 2030. The outdoor LED market refers to the segment of the lighting industry that focuses on the production, development, and distribution of light-emitting diode (LED) lighting solutions designed for outdoor applications. These applications include street lighting, architectural lighting, stadium lighting, parking lot lighting, and various other outdoor areas where illumination is required.
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Outdoor LED Market The global Outdoor LED Market size is predicted to reach USD 46.84 billion with a CAGR of 17.3% by 2030 Next Move Strategy Consulting
Agenda • Market Overview • Market Segmentation • Regional Analysis • Key Market Players • Key Highlights Next Move Strategy Consulting
Market Overview • The outdoor LED market refers to the segment of the lighting industry that focuses on the production, development, and distribution of light-emitting diode (LED) lighting solutions designed for outdoor applications. • These applications include street lighting, architectural lighting, stadium lighting, parking lot lighting, and various other outdoor areas where illumination is required. • Outdoor LED lighting is known for its energy efficiency, durability, and versatility, making it a popular choice for enhancing visibility, safety, and aesthetics in external environments. Next Move Strategy Consulting
Market Segmentation By Application By Type By Offering By Technology • New • Retrofit • Hardware • Software • Services • Surface Mounted • Individually Mounted • Highways • Roadways • Stadium • Streets • Tunnels Next Move Strategy Consulting
Regional Analysis North America • The U.S. • Canada • Mexico Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific RoW • Africa • Latin America • Middle East Europe • The UK • Germany • France • Italy • Spain • Denmark • Netherlands Next Move Strategy Consulting
Key Market Players • Signify Holdings • Panasonic Corporation • General Electric Company • Osram Licht AG • Wolfspeed, Inc. • Hubbell Incorporated • Astute Lighting, Ltd. • Dialight Corporation • Eaton Corporation • Bajaj Electricals, Ltd. Next Move Strategy Consulting
Key Highlights • Market Growth: The outdoor LED market is witnessing strong growth, driven by increasing demand for energy-efficient lighting solutions, urbanization, and smart city initiatives globally. • Street and Roadway Lighting: Leading the market due to government initiatives to replace traditional lighting with LED for energy savings and enhanced public safety. • Architectural Lighting: Growing demand for LED lighting in outdoor landscapes, monuments, and building exteriors for aesthetic appeal and energy efficiency. • Sports and Stadium Lighting: Increasing adoption in large sports arenas and events to provide better illumination and reduce energy consumption. Next Move Strategy Consulting
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