Latest research on Outdoor Lighting Market reports annualized growth of 11.45%

Outdoor Lighting Market Latest Edition Published with Forecast to 2030


The article cited AMA's "Global Outdoor Lighting Market Study" explored CAGR of %. According to the report, Growing Consumer Awareness for Energy-Efficient Lighting Products is one of the primary growth factors for the market. The Rising Adoption of Outdoor Lighting Fixtures is also expected to contribute significantly to the Outdoor Lighting market. Overall, Streets applications of Outdoor Lighting, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Installation Type, such as New, is boosting the Outdoor Lighting market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Distribution Channel, such as Online, is boosting the Outdoor Lighting market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Lighting Type, such as High-Intensity Discharge (HID) Lights, is boosting the Outdoor Lighting market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Powering Type, such as Low Voltage, is boosting the Outdoor Lighting market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Wattage Type, such as Less than 50W, is boosting the Outdoor Lighting market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Outdoor Lighting market identified that the demand is rising in many different parts of the world as "Increasing Government Initiatives toward Energy Efficiency ". Furthermore, some recent industry insights like "In September 2019 Signify Holding had launched new smart light products, including upgraded Hue Go, GU10, E14 smart bulbs, and smart buttons. With the Smart Plug, any table or floor lamp can be turned into a smart lamp that can switch the light on or off using Bluetooth technology." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Outdoor Lighting market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Outdoor Lighting market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Outdoor Lighting Market Study

Data Triangulation
The overall Outdoor Lighting market size is calculated using market estimation process, the Outdoor Lighting market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Outdoor Lighting market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager