Latest News- Outdoor Landscape Lighting Market: ATG is expected to lead the Application segment during 2025-2029

The Outdoor Landscape Lighting Market is being driven by Growing demand for LED lighting for different applications

The Outdoor Landscape Lighting Market is expected to grow at a CAGR of 6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 783 million. The global outdoor landscape lighting market is experiencing significant technological advancements, with LED lighting technology poised to become the primary revenue generator in both residential and commercial segments. Currently, CFL, incandescent, and halogen lighting technologies dominate the market in terms of revenue contribution in the residential sector. However, the shift towards energy-efficient and cost-effective LED lighting is anticipated to drive market growth during the forecast period. This technological evolution will not only enhance product efficiency but also promote power savings. Vendors are expected to respond proactively to these technological changes, ensuring they remain competitive in the dynamic outdoor landscape lighting market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • ATG
  • Underwater
• Source
  • LED Lights
  • Solar-Powered Lights
  • Low-Voltage Lights
• End-user
  • Commercial
  • Residential
• Technology
  • Smart Lighting
  • Traditional Lighting
  • Energy-Efficient Lighting
• Geography
  • APAC
    • China
    • India
    • Japan
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • North America
    • Canada
    • US
  • South America
    • Brazil
    • Argentina
  • Middle East and Africa
    • Egypt

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for LED lighting for different applications
• Increasing awareness of benefits of using high-quality and energy-efficient lighting devices
• Strong government support for lighting industry

However, the market also witnesses some limitations, which are as follows:

• Poor performance of LED lighting at high temperatures
• Ban on the use of incandescent lamps in few countries
• Threats associated with counterfeit products

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Market Scope in Outdoor Landscape Lighting Market Research Report

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Research Analysis Overview

Outdoor landscape lighting involves designing and planning lighting techniques for various effects, including ambient, task, and accent lighting. Wash lighting and lighting layers are used to create zones with different lighting schedules. LED technology and solar panel innovation enhance energy savings and smart home integration. Safety considerations include low voltage usage, electrical wiring, and certification. Costs, project management, and troubleshooting are essential aspects of outdoor lighting projects, with numerous manufacturers, suppliers, distributors, installers, contractors, and companies available for residential and commercial endeavors. Regulations, standards, and warranties ensure quality and compliance.

Market Research Overview

The Outdoor Landscape Lighting Market is a significant segment of the larger global electrical components and equipment market. This market encompasses companies specializing in LED Lighting, Solar Lighting, Smart Lighting, Path Lighting, Accent Lighting, and Security Lighting. The parent market, which includes manufacturers of electrical cables and wires, electrical components, and electrical equipment, generates substantial revenue from the sales of water heaters and accessories, motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test and measurement equipment, switches, transmitters and receivers, HVAC, and safety components. Furthermore, rental and leasing of electrical components and equipment to industrial, commercial, and residential sectors contribute to the market size calculation.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/