Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032

Overview

The Europe Outdoor Light-emitting Diode (LED) Lighting Market is expected to reach a 8,569.35 USD Billion by 2032 and is projected to grow at a CAGR of 12.89% from 2025 to 2032.

Revenue, 2024 (USD Billion)

4,033.12

Forecast, 2032 (USD Billion)

8,569.35

CAGR, 2024 - 2032

12.89%

Report Coverage

Europe

Europe Outdoor Light-emitting Diode (LED) Lighting Market 2018-2032 USD Billion

Europe Outdoor Light-emitting Diode (LED) Lighting Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 4,033.12 USD Billion
Projected Market Size (2032): 8,569.35 USD Billion
CAGR (2025-2032): 12.89%

Key Findings of Europe Outdoor Light-emitting Diode (LED) Lighting Market

The Europe Outdoor Light-emitting Diode (LED) Lighting Market was valued at 4,033.12 USD Billion in 2024.
The Europe Outdoor Light-emitting Diode (LED) Lighting Market is likely to grow at a CAGR of 12.89% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Retrofit Installation in Installation Type Segment accounted for the largest share of the market with a revenue of 2,558.41 USD Billion
The fastest growing segment Public Places in Application Segment grew Fastest with a CAGR of 13.89% during the forecast period from 2024 to 2032.

Europe Outdoor Light-emitting Diode (LED) Lighting Market Scope

Europe Outdoor Light-emitting Diode (LED) Lighting Market Segmentation & Scope

Application

Others
Architectural
Highway and Roadway
Public Places

Wattage Type

Less Than 50 W
More Than 150 W
50-150 W

Installation Type

New Installation
Retrofit Installation

Offering

Services
Software
Hardware

Europe Outdoor Light-emitting Diode (LED) Lighting Market Data Coverage Insights

Study Period	2024-2032
Base Year	2022
Unit	Revenue in USD Billion
Market Value in 2024	4,033.12 USD Billion
Market Value in 2032	8,569.35 USD Billion
CAGR (2025-2032)	12.89%
Historic Data	2016-2023
Market Segments Covered	Application,Wattage Type,Installation Type,Offering

Regional Insights:

Leading Market (2024-2032): Europe, leading in terms of revenue 4,033.12 USD Billion in 2024
- Key Country: Germany, leading in terms of revenue with value of 883.14 USD Billion in 2024.

Segments and Scope

Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Application
- Public Places is the largest segment in Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 1,785.95 USD Billion in the year 2024.
- Public Places is the Fastest growing segment in Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 13.89 % in forecast period 2025-2032.
Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Wattage Type
- 50-150 W is the largest segment in Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 1,855.84 USD Billion in the year 2024.
- More Than 150 W is the Fastest growing segment in Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 12.86 % in forecast period 2025-2032.
Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Installation Type
- Retrofit Installation is the largest segment in Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 2,558.41 USD Billion in the year 2024.
- Retrofit Installation is the Fastest growing segment in Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 13.28 % in forecast period 2025-2032.
Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Offering
- Hardware is the largest segment in Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 2,263.12 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in Europe Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 13.74 % in forecast period 2025-2032.

Europe Outdoor Light-emitting Diode (LED) Lighting Market Company Share Analysis

Company Name
Thales
Accenture
Atos SE
NEC Corporation
IDEMIA

Europe Outdoor Light-emitting Diode (LED) Lighting Market Geographical Sales Distribution, 2018-2032 USD Billion

Europe Outdoor Light-emitting Diode (LED) Lighting Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Europe Outdoor Light-emitting Diode (LED) Lighting Market?

The Europe Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Application,Wattage Type,Installation Type,Offering.

What is the current market size of the Europe Outdoor Light-emitting Diode (LED) Lighting Market?

Europe Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 4,033.12(Revenue in USD Billion) in 2022.

What is the expected growth rate of the Europe Outdoor Light-emitting Diode (LED) Lighting Market?

Europe Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 12.89% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Europe Outdoor Light-emitting Diode (LED) Lighting Market?

The Retrofit Installation segment is expected to dominate the Europe Outdoor Light-emitting Diode (LED) Lighting Market, holding a largest market share of 2,558.41 USD Billion in 2024

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