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Outdoor Lighting Market Growth From $16.24 Billion In 2026 To $21.45 Billion By 2030 At A CAGR Of 7.2%
The outdoor lighting market size has seen substantial growth in recent years. It is forecast to expand from $15.13 billion in 2025 to $16.24 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 7.3%. The market’s historical growth can be linked to several contributing factors, including early installations in public streets and highways, its adoption in parks and stadiums, the rise of commercial exterior lighting, the evolution of decorative and architectural lighting, and an increasing municipal emphasis on safety lighting.
The outdoor lighting market is projected to experience robust expansion in the coming years. This market is predicted to reach $21.45 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 7.2%. This anticipated growth is driven by several factors, including a surge in demand for connected outdoor lighting, the proliferation of energy-efficient urban lighting initiatives, the increasing embrace of smart cities, advancements in automated lighting controls, and the creation of sophisticated monitoring and maintenance solutions. Key developments expected during this period encompass the widespread use of effective smart outdoor illumination solutions, the implementation of IoT-driven lighting infrastructures, the establishment of cloud-based lighting management systems, the incorporation of automated outdoor illumination controls, and progress in adaptive smart lighting networks.
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Outdoor Lighting Market Demand Drivers: What’s Powering Industry Growth?
The growing need for solar lighting is projected to drive expansion within the outdoor lighting market moving ahead. Solar lighting involves utilizing solar energy for illumination across diverse applications, from exterior landscape lighting to interior solutions. This escalating demand for solar lighting is fueling growth in the outdoor lighting market, primarily due to the consumer preference for solutions that are energy-efficient, cost-effective, and environmentally friendly, with the adaptability of solar lighting significantly transforming the outdoor illumination sector. For example, in July 2023, a report from the International Energy Agency, a France-based intergovernmental organization, revealed that solar photovoltaic (PV) generation saw a substantial rise of 270 terawatt-hours (26%), accumulating to nearly 1,300 terawatt-hours in 2022. Forecasts suggest that the installed power capacity of solar PV is set to exceed that of coal by 2027, positioning it as the world’s leading power capacity source. The total capacity of solar PV is expected to almost triple over the forecast period, increasing by nearly 1,500 gigawatts, thereby overtaking natural gas by 2026 and coal by 2027. Consequently, the increasing adoption of solar lighting is a key driver for the growth of the outdoor lighting market.
Outdoor Lighting Market Segment Outlook: Which Categories Are Growing Fastest?
The outdoor lighting market covered in this report is segmented –
1) By Type: LED Lights, High-Intensity Discharge (HID) Lamps, Fluorescent Lights, Plasma Lamps
2) By Component: Fixture, Control
3) By Application: Street Lighting, Tunnel Lights, Highways, Parking Lots Or Decoration, Parks And Stadium, Building Exteriors, Other Applications
4) By Distribution Channel: Offline, Online
Subsegments:
1) By LED Lights: Flood Lights, Street Lights, Garden Lights, Wall Packs
2) By High-Intensity Discharge (HID) Lamps: Metal Halide Lamps, High-Pressure Sodium Lamps, Low-Pressure Sodium Lamps
3) By Fluorescent Lights: T5 Fluorescent Lights, T8 Fluorescent Lights, T12 Fluorescent Lights
4) By Plasma Lamps: Plasma Arc Lamps, Plasma Discharge Lamps
Outdoor Lighting Market Innovation Trends: What Developments Are Reshaping The Industry?
Major companies operating in the outdoor lighting market are focusing on the development of LED outdoor lights to maintain their market position. LED outdoor lights are highly energy-efficient and durable lighting fixtures that utilize light-emitting diodes, specifically designed for exterior applications such as illuminating landscapes, pathways, and architectural features. As an illustration, in August 2023, ETi Solid State Lighting Inc., a US-based lighting technology company, introduced a new collection of outdoor LED lighting products. ETi’s latest Outdoor Collection features a range of unique luminaires that aim to redefine existing outdoor lighting solutions. The Slim Canopy luminaire is notable for its compact design and broad light coverage, offering three selectable wattages and color temperatures (CCTs), an IP65 wet location rating, and various finish options, making it a versatile and practical choice for canopies, walkways, gas stations, and parking garages. Additionally, the VersaArea LED Area Light is meticulously engineered for superior performance and adaptability, providing bright and uniform lighting with an integrated control port, proving ideal for illuminating parking lots, pathways, parks, and expansive outdoor areas. For those seeking customizable brightness, flexibility, and efficiency in landscape lighting and security applications, the VersaFloods Flood Lights are available with a range of wattages and CCT options, along with multiple mounting choices. Finally, the VersaPak Adjustable Wall Pack boasts a modern full cutoff design, allowing for three selectable wattages and CCTs, and includes a Dusk-to-Dawn photocell and a tilting head for adjustable illumination between 0-90 degrees, thereby enhancing safety and visibility around building exteriors.
Outdoor Lighting Market Leading Companies And Competitive Benchmarking
Major companies operating in the outdoor lighting market are Syska LED Lights Company, Hubbell Incorporated, Eaton Corporation plc, Acuity Brands Inc., Dialight plc, General Electric Company, Zumtobel Group AG, Osram Licht AG, Signify Holdings BV, Stanley Electric Co. Ltd., Iwasaki Electric Co. Ltd., Evluma, Halco Lighting Technologies LLC, Philips Lighting Holdings, Cree Inc., KLARUS Lighting Technology Co. Ltd., Deco Lighting Inc., L.D. Kichler Co. Inc., Guangzhou Vorlane Optoelectronics Technology Co. Ltd., Minka Lighting Inc., Hinkley Lighting Inc.
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Outdoor Lighting Market Regional Analysis: Which Geography Leads On Revenue?
North America was the largest region in the outdoor lighting market in 2025. Asia-Pacific is expected to be the fastest-growing region in the outdoor lighting market report during the forecast period. The regions covered in the outdoor lighting market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
