Market Snapshot:
Landscape lamps are widely used to decorate or light up outdoor spaces like parks, streets, backyards, etc. Increasing emphasis on green energy and reducing carbon emission led towards the adoption of LED and solar-based landscape lamps. Landscape lighting with high ornamental value and coloring is highly utilized in the parks and gardens to illuminate statues, plants, walls, fountains, etc. Further, increasing disposable income and standard of living has led homeowners to spend more on outdoor living spaces to make them attractive, which will accelerate the demand for landscape lamps.
Highlights from Landscape Lamps Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Bajaj Electricals (India), Koninklijke Philips N.V. (Netherlands), Signify (Netherlands), Kichler Lighting (United States), USHA International Ltd (India), Hinkley, Inc. (United States), WAC Lighting (United States), Lamps Plus (United States), Bruck Lighting (United States), Acuity Brands (United States) and ELCO Lighting (United States). Additionally, other players that are part of this comprehensive study are Lumenova (Germany) and Dauer Manufacturing (United States).
Geographic Breakdown and Segment Analysis
The Global Landscape Lamps market presents a comprehensive analysis of the Landscape Lamps market by product type (Regular Lamps and LED Lamps), by end-user/application (Residential, Gardens, Backyards, City View, Stadiums and Other Outdoor Applications), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Landscape Lamps industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Landscape Lamps market
Analyst at AMA have segmented the market study of Global Landscape Lamps market by Type, Application and Region.
Influencing Trend:
Emerging Technological Developments and Evolution of Connected LED Lighting Systems
Market Growth Drivers:
Surging Demand of Landscape Lamps for the Decoration of Parks or Gardens and Light Up Outside of Buildings and High Growth of Solar-based Landscape Lamps as Compared to Regular Lamps for Street Lightings and Other Applications
Challenges:
High Cost of LED Lights and Availability of Only White Lights in the LED Lamps Can Create Challenges
Restraints:
High Cost Associated with the Manufacturing of Landscape Lamps Due to Its Diverse Shapes
Opportunities:
Rapidly Increasing Infrastructural Developments and Government Initiatives to Develop Smart Cities
Market Developments Activities:
In December 2023,Signify and Acuity Brands have actively expanded their portfolios, while others like Current have strategically divested specific lines. This wave of consolidation has seen Cree Lighting finding a new home under different ownership, and LMPG continuing its impressive acquisition spree of architectural lighting brands.
In December 2023,Kichler Lighting strives to transform the home and workspace by developing fixtures that perform efficiently, install intuitively and deliver an overall effect that combines style with purpose. With an extensive portfolio of more than 3,000 on-trend products
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Landscape Lamps Manufacturers, Suppliers and Distributors, Raw Material Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others