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

Overview

The Global Outdoor Light-emitting Diode (LED) Lighting Market is expected to reach a 17,572.29 USD Billion by 2032 and is projected to grow at a CAGR of 4.05% from 2025 to 2032.

Revenue, 2024 (USD Billion)
11,487.80
Forecast, 2032 (USD Billion)
17,572.29
CAGR, 2024 - 2032
4.05%
Report Coverage
Global

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

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

Market Growth and Projections:

  • Market Size (2024): 11,487.80 USD Billion
  • Projected Market Size (2032): 17,572.29 USD Billion
  • CAGR (2025-2032): 4.05%

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

  • The Global Outdoor Light-emitting Diode (LED) Lighting Market was valued at 17,572.29 USD Billion in 2024.
  • The Global Outdoor Light-emitting Diode (LED) Lighting Market is likely to grow at a CAGR of 4.05% 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 7,313.92 USD Billion
  • The fastest growing segment Public Places in Application Segment grew Fastest with a CAGR of 4.33% during the forecast period from 2024 to 2032.

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

Global 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

Global 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 11,487.80 USD Billion
Market Value in 2032 17,572.29 USD Billion
CAGR (2025-2032) 4.05%
Historic Data 2016-2023
Market Segments Covered Application,Wattage Type,Installation Type,Offering

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 11,487.80 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 2,679.53 USD Billion in 2024.

Segments and Scope

  • Global Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Application
    • Public Places is the largest segment in Global Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 5,179.27 USD Billion in the year 2024.
    • Public Places is the Fastest growing segment in Global Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 4.33 % in forecast period 2025-2032.
  • Global Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Wattage Type
    • 50-150 W is the largest segment in Global Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 5,366.86 USD Billion in the year 2024.
    • More Than 150 W is the Fastest growing segment in Global Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 4.03 % in forecast period 2025-2032.
  • Global Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Installation Type
    • Retrofit Installation is the largest segment in Global Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 7,313.92 USD Billion in the year 2024.
    • Retrofit Installation is the Fastest growing segment in Global Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 4.16 % in forecast period 2025-2032.
  • Global Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Offering
    • Hardware is the largest segment in Global Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 6,521.83 USD Billion in the year 2024.
    • Hardware is the Fastest growing segment in Global Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 4.30 % in forecast period 2025-2032.

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

 
Company Name Company Share Analysis
Thales
Accenture
Atos SE
NEC Corporation
IDEMIA
Global Outdoor Light-emitting Diode (LED) Lighting Market Company Share Analysis

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

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

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

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

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Frequently Asked Questions
The Global Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Application,Wattage Type,Installation Type,Offering.
Global Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 11,487.80(Revenue in USD Billion) in 2022.
Global Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 4.05% during the forecast period of 2024 to 2032.
The Retrofit Installation segment is expected to dominate the Global Outdoor Light-emitting Diode (LED) Lighting Market, holding a largest market share of 7,313.92 USD Billion in 2024

Coming Soon....

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

Global 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
Frequently Asked Questions
The Global Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Application,Wattage Type,Installation Type,Offering.
Global Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 11,487.80(Revenue in USD Billion) in 2022.
Global Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 4.05% during the forecast period of 2024 to 2032.
The estimated market value of the Global Outdoor Light-emitting Diode (LED) Lighting Market for final year is USD 17,572.29 (USD Billion).

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

Global Outdoor Light-emitting Diode (LED) Lighting Market Company Profiling
Frequently Asked Questions
The Global Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Application,Wattage Type,Installation Type,Offering.
Global Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 11,487.80(Revenue in USD Billion) in 2022.
Global Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 4.05% during the forecast period of 2024 to 2032.
The estimated market value of the Global Outdoor Light-emitting Diode (LED) Lighting Market for final year is USD 17,572.29 (USD Billion).

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