The Business Research Company’s Outdoor LED Lighting Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Outdoor LED Lighting Global Market Report 2023 evaluates outdoor LED lighting market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global outdoor LED lighting market is expected to grow from $22.84 billion in 2022 to $26.59 billion in 2023 at a compound annual growth rate (CAGR) of 16.41%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The outdoor LED lighting market is expected to grow to $47.66 billion in 2027 at a CAGR of 15.71%.
The outdoor LED lighting market segments in the report are:
1) By Offering: Hardware, Software, Services
2) By Communication: Wired, Wireless
3) By Installation: New, Retrofit
4) By Sales Channel: Retail Or Wholesale, Direct Sales, E-Commerce
5) By Application: Streets And Roads, Architecture And Urban Landscape, Sports And Large Area, Tunnels, Other Applications
Top Key Players
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The table of contents in TBRC’s outdoor LED lighting market report includes:
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