HOME Top Market Reports Outdoor LED Lighting Market by Installation Type (New, Retrofit), End Use Application (Highways & Roadways, Architectural, Public Places), Offering (Hardware, Software & Services), Wattage Type, Region - Global Forecast to 2023

Outdoor LED Lighting Market by Installation Type (New, Retrofit), End Use Application (Highways & Roadways, Architectural, Public Places), Offering (Hardware, Software & Services), Wattage Type, Region - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: June 2017
Report Code: SE 5323

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The outdoor LED lighting market is projected to reach USD 21.95 Billion by 2023, at a CAGR of 13.7% between 2017 and 2023. The growth of the market is propelled by the increasing demand for energy-efficient lighting systems across the globe, modernization and development of infrastructures such as smart cities that lead to the implementation of lighting systems based on Internet of Things (IoT), reduction in the prices of LEDs, and penetration of LEDs as a light source in outdoor lighting applications, such as architectural, highways & roadways, and public places, among others. The base year considered for this report on the market is 2016 and the forecast period considered is between 2017 and 2023.

The outdoor LED lighting market has been segmented on the basis of installation type, wattage type, end-use application, offering, and region. The market size estimations for these segments, with key trends and market dynamics, have been covered in separate chapters in this report.

This research study on the outdoor LED lighting market involves the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg Business, Factiva, and OneSource) to identify and collect information useful for this study. The research methodology has been explained below.

  • Analysis of all the industries, wherein outdoor LED lighting is used, worldwide
  • Analysis of different types of outdoor LED lighting sold in different regions and the technologies used in them
  • Estimation of percentage shares of outdoor LED lighting on the basis of installation type, wattage type, end-use application, offering, and region
  • Analysis of the market trends in various regions and countries, supported by the ongoing R&D activities related to outdoor LED lighting in these regions
  • Overall market size obtained by the triangulation of the supply-side data gathered from product developments, supply chain, and estimated sales of outdoor LED lighting

After arriving at the overall market size, the total market has been split into several segments and subsegments and confirmed with the key industry experts. The figure below shows the breakdown of primaries on the basis of company type, designation, and region conducted during the research study.

Outdoor LED Lighting Market

To know about the assumptions considered for the study, download the pdf brochure

This report provides valuable insights regarding ecosystem of the outdoor LED lighting market, which includes research & product development, manufacturing & assembling, system integrators, and end users. The key players operating in the market are Philips Lighting Holding B.V. (Netherlands), General Electric Company (U.S.), OSRAM Licht AG (Germany), Hubbell Incorporated (U.S.), Cree, Inc. (U.S.), Eaton Corporation Plc. (U.S.), SYSKA LED (India), Virtual Extension (Israel), Dialight plc (U.K.), and Zumtobel Group AG (Austria), among others.

Target Audience

  • Manufacturers of Outdoor LED Lighting
  • Manufacturers of Sensors, Control Systems, and Related Accessories
  • Providers of Professional Services/Solutions
  • End Users
  • Lighting Industry Standard Organizations and Regulatory Authorities
  • Research Institutes and Organizations
  • Associations of Lighting
  • Government Bodies, Venture Capitalists, and Private Equity Firms

The market covered in this report has been segmented as follows:

Outdoor LED Lighting Market, by Installation Type:

  • New
  • Retrofit

Outdoor LED Lighting Market, by Wattage Type:

  • Less than 50W
  • Between 50W and 150W
  • More than 150W

Outdoor LED Lighting Market, by End-use Application:

  • Highways & Roadways
  • Architectural
  • Public Places
  • Others

Outdoor LED Lighting Market, by Offering:

  • Hardware
  • Software
  • Service

Outdoor LED Lighting Market, by Region:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers the following customization options available for the report.

Regional Analysis

  • Country-wise breakdown of all the regions by end-use application

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Study Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Major Secondary Sources
                    2.1.1.2 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Primary Sources
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing Market Share of Application By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing Market Share of Application By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Opportunities in the Outdoor LED Lighting Market Between 2017 and 2023
    4.2 Market, By End Use Application
    4.3 Market in APAC
    4.4 APAC Held the Largest Share of the Market in 2016
    4.5 Market, By Offering

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Need for Improvement in Visibility and Safety of Drivers, and Pedestrians
                    5.2.1.2 High Demand for LED Lighting Driven By the Modernization and Development of Infrastructures Such as Smart Cities and Economic Corridors
                    5.2.1.3 Need for Energy-Efficient Lighting Systems for Highways
                    5.2.1.4 Reduction in Prices of LEDs
                    5.2.1.5 Demand for Smart Controls in Street Lighting Systems
           5.2.2 Restraints
                    5.2.2.1 Lack of Awareness Regarding Installation Costs for Smart Lighting and Payback Periods
                    5.2.2.2 Development of Laser Lights as Alternative Technologies
           5.2.3 Opportunities
                    5.2.3.1 Development of Wireless Technology for LED Street Lighting Systems
                    5.2.3.2 Energy Efficiency in Developing Economies
                    5.2.3.3 IoT Technology in Smart Street Lighting and Smart City Projects
           5.2.4 Challenges
                    5.2.4.1 Lack of Common Open Standards
                    5.2.4.2 Rapid Rise in Product Testing Costs
                    5.2.4.3 Lack of Customer Ownership in Utility-Owned Street Lighting

6 Industry Trends (Page No. - 43)
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Research and Product Development
           6.2.2 Raw Material/Component Suppliers
           6.2.3 Manufacturers and Assemblers
           6.2.4 Key Technology Providers/System Integrators
           6.2.5 Distributors and Sellers
           6.2.6 End–Use Applications
    6.3 Key Industry Trends

7 Outdoor LED Lighting Market, By Installation Type (Page No. - 46)
    7.1 Introduction
    7.2 New Installation
    7.3 Retrofit Installation

8 Outdoor LED Lighting Market, By Wattage Type (Page No. - 51)
    8.1 Introduction
    8.2 Less Than 50 W
    8.3 50–150 W
    8.4 More Than 150 W

9 Market Analysis, By End-Use Application (Page No. - 56)
    9.1 Introduction
    9.2 Highway and Roadway
    9.3 Architectural
    9.4 Public Places
           9.4.1 Commercial
           9.4.2 Airport Perimeters
           9.4.3 Parking Structures
           9.4.4 Stadium and Area Floodlighting
           9.4.5 Entertainment
           9.4.6 Others (Public Places)
    9.5 Others

10 Market, By Offering (Page No. - 64)
     10.1 Introduction
             10.1.1 Hardware
                        10.1.1.1 Lamps
                        10.1.1.2 Luminaires
                        10.1.1.3 Control Systems
             10.1.2 Software
             10.1.3 Services
                        10.1.3.1 Pre-Installation Services
                                     10.1.3.1.1 Design and Installation
                        10.1.3.2 Post-Installation Services
                                     10.1.3.2.1 Maintenance and Support

11 Geographic Analysis (Page No. - 72)
     11.1 Introduction
     11.2 North America
             11.2.1 US
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Europe
             11.3.1 Germany
             11.3.2 UK
             11.3.3 France
             11.3.4 Rest of Europe
     11.4 Asia Pacific (APAC)
             11.4.1 China
             11.4.2 Japan
             11.4.3 India
             11.4.4 Rest of APAC
     11.5 Rest of the World (RoW)
             11.5.1 Middle East
             11.5.2 Africa
             11.5.3 South America

12 Competitive Landscape (Page No. - 101)
     12.1 Introduction
     12.2 Market Ranking of Players, 2016
     12.3 Vendor Dive Overview
             12.3.1 Vanguards
             12.3.2 Dynamic Players
             12.3.3 Innovators
             12.3.4 Emerging Players

Top 25 Companies Analyzed for This Study are - Philips Lighting Holding B.V.; Eaton Corporation; Cree Inc.; General Electric Company; Osram Licht AG; Acuity Brands, Inc; Hubbell Incorporated; Zumtobel Group; ABB Group; Legrand; Thorn Lighting; Syska LED; Ligman Lighting; LED Roadway Lighting; Kingsun Optoelectronic Co, Ltd; Evluma; Tanko Lighting; GOOEE; Neptune Light; Dialight; Rab Lighting; Nvc Lighting Holding Ltd; Daisalux; Virtual Extension; Agilight, Inc.

13 Company Profiles (Page No. - 107)
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
     13.1 Introduction
     13.2 Philips Lighting Holding B.V.
     13.3 General Electric Company
     13.4 Osram Licht AG
     13.5 Cree, Inc.
     13.6 Eaton Corporation PLC
     13.7 Hubbell Incorporated
     13.8 Dialight PLC
     13.9 Zumtobel Group AG
     13.10 Syska LED
     13.11 Virtual Extension
     13.12 Key Innovators
             13.12.1 Neptun Light, Inc.
             13.12.2 Tapan Solar Energy Pvt. Ltd.
             13.12.3 Tanko Lighting, Inc.
             13.12.4 Evluma
             13.12.5 GOOEE

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 139)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Introducing RT: Real-Time Market Intelligence
     14.4 Available Customizations
     14.5 Related Reports
     14.6 Author Details


List of Tables (62 Tables)

Table 1 Highway and Roadway Lighting Projects in the UK and Germany
Table 2 Outdoor LED Lighting Market, By Installation Type, 2014–2023 (USD Million)
Table 3 New Installation Market Size in Market, By Offering, 2014–2023 (USD Million)
Table 4 New Installation Market Size in Market, By Region, 2014–2023 (USD Million)
Table 5 Retrofit Installation Market Size in Market, By Offering, 2014–2023 (USD Million)
Table 6 Retrofit Installation Market Size in Market, By Region, 2014–2023 (USD Million)
Table 7 Market, By Wattage Type, 2014–2023 (USD Million)
Table 8 Market for Less Than 50 W Type, By Region, 2014–2023 (USD Million)
Table 9 Market for 50–150 W Type, By Region, 2014–2023 (USD Million)
Table 10 Market for More Than 150 W Type, By Region, 2014–2023 (USD Million)
Table 11 Market, By End-Use Application, 2014–2023 (USD Million)
Table 12 Market, By End-Use Application, 2014–2023 (Million Units)
Table 13 Market for Public Places Application, By Type, 2014–2023 (USD Million)
Table 14 Market for Highway & Roadway Application, By Region, 2014–2023 (USD Million)
Table 15 Market for Architectural Application, By Region, 2014–2023 (USD Million)
Table 16 Outdoor LED Lighting Market for Public Places Application, By Region, 2014–2023 (USD Million)
Table 17 Market for Others Application, By Region, 2014–2023 (USD Million)
Table 18 Market, By Offering, 2014–2023 (USD Million)
Table 19 Market, By Hardware Offering, 2014–2023 (USD Million)
Table 20 Hardware Market Size in Market, By Region, 2014–2023 (USD Million)
Table 21 Lamps Market Size in Hardware Outdoor LED Lighting Market, By Region, 2014–2023 (USD Million)
Table 22 Luminaires Market Size in Hardware Outdoor LED Lighting Market, By Region, 2014–2023 (USD Million)
Table 23 Control Systems Market Size in Hardware Outdoor LED Lighting Market, By Region, 2014–2023 (USD Million)
Table 24 Software Outdoor LED Lighting Market, By Region, 2014–2023 (USD Million)
Table 25 Services Outdoor LED Lighting Market, By Region, 2014–2023 (USD Million)
Table 26 Market, By Region, 2014–2023 (USD Million)
Table 27 Outdoor LED Lighting, By Region, 2014–2023 (USD Million)
Table 28 Market Size in North America, By Country, 2014–2023 (USD Million)
Table 29 Market Size in North America, By Wattage Type, 2014–2023 (USD Million)
Table 30 Market Size in North America, By Installation Type, 2014–2023 (USD Million)
Table 31 Market Size in North America, By Offering, 2014–2023 (USD Million)
Table 32 Market Size in North America, By End-Use Application, 2014–2023 (USD Million)
Table 33 Market in the US, By End-Use Application, 2014–2023 (USD Million)
Table 34 Market in Canada, By End-Use Application, 2014–2023 (USD Million)
Table 35 Outdoor LED Lighting Market in Mexico, By End-Use Application, 2014–2023 (USD Million)
Table 36 Market Size in Europe, By Country, 2014–2023 (USD Million)
Table 37 Market Size in Europe, By Wattage Type, 2014–2023 (USD Million)
Table 38 Market Size in Europe, By Installation Type, 2014–2023 (USD Million)
Table 39 Market Size in Europe, By Offering, 2014–2023 (USD Million)
Table 40 Market Size in Europe, By End-Use Application, 2014–2023 (USD Million)
Table 41 Market Size in Germany, By End-Use Application, 2014–2023 (USD Million)
Table 42 Market Size in the UK, By End-Use Application, 2014–2023 (USD Million)
Table 43 Market Size in France, By End-Use Application, 2014–2023 (USD Million)
Table 44 Market Size in Rest of Europe, By End-Use Application, 2014–2023 (USD Million)
Table 45 Market Size in APAC Region, By Country, 2014–2023 (USD Million)
Table 46 Market Size in APAC Region, By Wattage Type, 2014–2023 (USD Million)
Table 47 Outdoor LED Lighting Market Size in APAC Region, By Installation Type, 2014–2023 (USD Million)
Table 48 Market Size in APAC Region, By Offering, 2014–2023 (USD Million)
Table 49 Market Size in APAC Region, By End-Use Application, 2014–2023 (USD Million)
Table 50 Market Size in China, By End-Use Application, 2014–2023 (USD Million)
Table 51 Market Size in Japan, By End-Use Application, 2014–2023 (USD Million)
Table 52 Market Size in India, By End-Use Application, 2014–2023 (USD Million)
Table 53 Market Size in Rest of APAC, By End-Use Application, 2014–2023 (USD Million)
Table 54 Market Size in RoW Region, By Country, 2014–2023 (USD Million)
Table 55 Market Size in RoW Region, By Wattage Type, 2014–2023 (USD Million)
Table 56 Market Size in RoW Region, By Installation Type, 2014–2023 (USD Million)
Table 57 Market Size in RoW Region, By Offering, 2014–2023 (USD Million)
Table 58 Market Size in RoW Region, By End-Use Application, 2014–2023 (USD Million)
Table 59 Market Size in Middle East, By End-Use Application, 2014–2023 (USD Million)
Table 60 Market Size in Africa, By End-Use Application, 2014–2023 (USD Million)
Table 61 Market Size in South America, By End-Use Application, 2014–2023 (USD Million)
Table 62 Market Ranking for the Market, 2016


List of Figures (52 Figures)

Figure 1 Market Segmentation
Figure 2 Outdoor LED Lighting Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Hardware Offering Segment is Expected to Dominate the Market During the Forecast Period
Figure 7 Public Places End-Use Application is Expected to Witness High Growth Rate During the Forecast Period
Figure 8 New Installation Type is Expected to Hold A Larger Market for Outdoor LED Lighting During the Forecast Period
Figure 9 Market, By Region, 2016
Figure 10 Significant Adoption of Outdoor LED Lighting Products is Expected in APAC Between 2017 and 2023
Figure 11 Market in Public Places is Expected to Witness the Highest Growth Rate During the Forecast Period
Figure 12 Highway and Roadway End-Use Application Held the Largest Share of the Market in APAC in 2016
Figure 13 US Dominated the Market in 2016
Figure 14 Services to Witness the Highest Growth in the Market During the Forecast Period
Figure 15 Market Dynamics: Overview
Figure 16 Energy-Efficient Street Lighting Project Cycle
Figure 17 Reduction in LED Prices
Figure 18 Market: Value Chain Analysis
Figure 19 Energy-Efficient, Ecological, and Cost-Effective Lighting System—Leading Trend Among Key Market Players
Figure 20 Market, By Installation Type
Figure 21 New Installation Type Expected to Hold A Larger Market for Outdoor LED Lighting Between 2017 and 2023
Figure 22 Hardware Offering for Market in New Installation Type During the Forecast Period
Figure 23 Market, By Wattage Type
Figure 24 Market, By End-User Application
Figure 25 Highway and Roadway Segment Dominates the End-Use Application of the Market
Figure 26 Public Places Segment is Expected to Grow at Highest Rate in End-Use Application During the Forecast Period
Figure 27 Market Segmentation: By Offering
Figure 28 Hardware Offering is Accounted for the Largest Share in the Market During the Forecast Period
Figure 29 Luminaires is Expected to Grow at the Highest CAGR in the Hardware Outdoor LED Lighting Market During the Forecast Period
Figure 30 Market: By Geography
Figure 31 Geographic Snapshot, 2014–2023
Figure 32 North America Market Segmentation
Figure 33 North America Market Snapshot, 2016
Figure 34 Europe Market Segmentation
Figure 35 Europe Market Snapshot, 2016
Figure 36 APAC Market Segmentation
Figure 37 APAC Market Snapshot, 2016
Figure 38 RoW Market Segmentation
Figure 39 RoW Market Snapshot, 2016
Figure 40 Key Growth Strategy Adopted By the Top Companies Between 2014 and 2016
Figure 41 Dive Chart
Figure 42 Analysis of Product Portfolio of Major Players in the Market (25 Players)
Figure 43 Business Strategies Adopted By Major Players in the Market (25 Players)
Figure 44 Geographic Revenue Mix of Major Market Players
Figure 45 Philips Lighting Holding B.V.: Company Snapshot
Figure 46 General Electric Company: Company Snapshot
Figure 47 Osram Licht AG: Company Snapshot
Figure 48 Cree, Inc.: Company Snapshot
Figure 49 Eaton Corporation PLC: Company Snapshot
Figure 50 Hubbell Incorporated: Company Snapshot
Figure 51 Dialight PLC: Company Snapshot
Figure 52 Zumtobel Group AG: Company Snapshot

The outdoor LED lighting market is projected to reach USD 21.95 Billion by 2023, at a CAGR of 13.7% between 2017 and 2023. The growth of the market can be attributed to the increasing need for energy-efficient lighting systems across the globe, reduction in the prices of LEDs, and increasing penetration of LED lights as a light source in the outdoor applications, such as architectural, highways & roadways, and public places, among others.

In 2016, the highways & roadways end-use application segment led the outdoor LED lighting market. However, the public places segment of the market is projected to grow at the highest CAGR during the forecast period, 2017 to 2023. The growth of the public places segment of the market can be attributed to the increasing infrastructural activities across the globe.

The retrofit installation type segment of the outdoor LED lighting market is projected to grow at the highest CAGR during the forecast period. The growth of the retrofit installation type segment of the market is due to the increasing replacement of incandescent lamps in the existing infrastructures with energy-efficient light sources such as LED lamps. These incandescent lamps are being slowly phased out, and the fixtures are being retrofitted with LED lamps as they have a long lifespan and consume less energy.

The hardware offering segment is expected lead the outdoor LED lighting market from 2017 to 2023. The growth of the hardware offering segment can be attributed to the increasing demand for LED luminaries from the new installations across the globe.

Outdoor LED Lighting Market

The Asia Pacific region held the largest share of the market in 2016. The European region is projected to account for the second-largest share of the market by 2023. The high standard of living of the masses in the European region has led to the construction of smart homes in the region, which are fitted with several and innovative outdoor LED lighting systems. This, in turn, has led to the growth of the Europe outdoor LED lighting market. The Asia Pacific outdoor LED lighting market is projected to grow at the highest CAGR during the forecast period due to ongoing infrastructure modernization projects in the emerging economies, such as China and India for the construction of several smart cities.

Lack of awareness among masses regarding the installation costs of outdoor LED lights and payback period, and development of alternate technologies such as laser technology are the major restraints for the growth of the outdoor LED lighting market. The major players operating in the market are Phillips Lighting Holding B.V. (Netherlands), General Electric Company (U.S.), OSRAM Licht AG (Germany), Cree, Inc. (U.S.), and Hubbell Incorporated (U.S.), among others. These key players have adopted various strategies, such as new product launches partnerships, collaborations, and expansions to enhance their revenues in the market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit https://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Electronics System and Components Markets on KnowledgeStore
Request Demo