Authored By: Sarah
22 Nov 2022

North America Outdoor Landscape Lighting Market 2022-2026: Amp Lighting, Eaton Corp. Plc, and General Electric Co. are Among the Major Vendors

The outdoor landscape lighting market share in North America is expected to grow by USD 147.51 million, accelerating at a CAGR of 5.22% during the forecast period. The market's growth trajectory is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. 

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North America Outdoor Landscape Lighting Market 2022-2026: Amp Lighting, Eaton Corp. Plc, and General Electric Co. are Among the Major Vendors

Outdoor Landscape Lighting Market In North America: Market Segments and Key Trends

The outdoor landscape lighting market report is segmented by end-user (commercial and residential), light source (traditional and LED), and geography (US and Rest of North America).

The outdoor landscape lighting market growth in North America by the commercial segment will be significant during the forecast period. The growth of the segment is attributed to the rising adoption of LEDs for outdoor space applications due to their energy efficiency.

By geography, 74% of the market's growth will originate from the US during the forecast period. The US is the key market for outdoor landscape lighting in North America. The presence of a large number of vendors in the market and strong demand from the commercial sector will facilitate the outdoor landscape lighting market growth in the US over the forecast period.

Outdoor Landscape Lighting Market In North America: What are the Growth Drivers?

The growing demand for LED lighting for different applications is one of the primary factors driving the growth of the outdoor landscape lighting market in North America. However, the poor performance of LED lighting products at high temperatures will be a major challenge for the outdoor landscape lighting market vendors in North America

The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable marketers to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.

Outdoor Landscape Lighting Market In North America: Competitive Landscape

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

Acuity Brands Inc., ALLIANCE Outdoor Lighting, Amp Lighting, Eaton Corp. Plc, General Electric Co., Halco Lighting Technologies LLC, Hubbell Inc., IDEAL INDUSTRIES INC., Kichler Lighting LLC, and LEDiL are some of the major outdoor landscape lighting market vendors in North America.

Technavio's research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. Download the Free PDF Sample Report

Outdoor Landscape Lighting Market In North America: Key Highlights of the Report for 2022-2026

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive the outdoor landscape lighting market growth in North America during the next five years
  • Precise estimation of the outdoor landscape lighting market size in North America and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the outdoor landscape lighting industry across the US and the Rest of North America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of the outdoor landscape lighting market vendors in North America

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 5.22%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by USD 147.51 million.

     
  3. What is a key factor driving this market?
    Growing demand for LED lighting for different applications will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    The US and the Rest of North America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market?
    74% growth will originate from the US.

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Acuity Brands Inc., ALLIANCE Outdoor Lighting, Amp Lighting, Eaton Corp. Plc, General Electric Co., Halco Lighting Technologies LLC, Hubbell Inc., IDEAL INDUSTRIES INC., Kichler Lighting LLC, and LEDiL

     
  7. What are the market segments covered in this report?
    The market is segmented by end-user (commercial and residential), light source (traditional and LED), and geography (US and Rest of North America).
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