Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032
Overview
The Philippines Outdoor Light-emitting Diode (LED) Lighting Market is expected to reach a 141.27 USD Billion by 2032 and is projected to grow at a CAGR of 10.80% from 2025 to 2032.
Revenue, 2024 (USD Billion)
74.67
Forecast, 2032 (USD Billion)
141.27
CAGR, 2024 - 2032
10.80%
Report Coverage
Philippines
Philippines Outdoor Light-emitting Diode (LED) Lighting Market 2018-2032 USD Billion
Philippines Outdoor Light-emitting Diode (LED) Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 74.67 USD Billion
- Projected Market Size (2032): 141.27 USD Billion
- CAGR (2025-2032): 10.80%
Key Findings of Philippines Outdoor Light-emitting Diode (LED) Lighting Market
- The Philippines Outdoor Light-emitting Diode (LED) Lighting Market was valued at 74.67 USD Billion in 2024.
- The Philippines Outdoor Light-emitting Diode (LED) Lighting Market is likely to grow at a CAGR of 10.80% 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 49.65 USD Billion
- The fastest growing segment Public Places in Application Segment grew Fastest with a CAGR of 11.59% during the forecast period from 2024 to 2032.
Philippines Outdoor Light-emitting Diode (LED) Lighting Market Scope
Philippines 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
Philippines 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 | 74.67 USD Billion |
| Market Value in 2032 | 141.27 USD Billion |
| CAGR (2025-2032) | 10.80% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Wattage Type,Installation Type,Offering |
Regional Insights:
-
Leading Market (2024-2032): Philippines, leading in terms of revenue 74.67 USD Billion in 2024
- Key Country: Philippines, leading in terms of revenue with value of 74.67 USD Billion in 2024.
Segments and Scope
-
Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Application
- Public Places is the largest segment in Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 38.25 USD Billion in the year 2024.
- Public Places is the Fastest growing segment in Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 11.59 % in forecast period 2025-2032.
-
Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Wattage Type
- 50-150 W is the largest segment in Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 38.27 USD Billion in the year 2024.
- More Than 150 W is the Fastest growing segment in Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 10.72 % in forecast period 2025-2032.
-
Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Installation Type
- Retrofit Installation is the largest segment in Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 49.65 USD Billion in the year 2024.
- Retrofit Installation is the Fastest growing segment in Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 11.37 % in forecast period 2025-2032.
-
Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Offering
- Hardware is the largest segment in Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 45.31 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in Philippines Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 11.38 % in forecast period 2025-2032.
Philippines Outdoor Light-emitting Diode (LED) Lighting Market Company Share Analysis
| Company Name |
|
||
| Thales | |||
| Accenture | |||
| Atos SE | |||
| NEC Corporation | |||
| IDEMIA | |||
Philippines Outdoor Light-emitting Diode (LED) Lighting Market Geographical Sales Distribution, 2018-2032 USD Billion
Philippines Outdoor Light-emitting Diode (LED) Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Philippines Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Application,Wattage Type,Installation Type,Offering.
Philippines Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 74.67(Revenue in USD Billion) in 2022.
Philippines Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 10.80% during the forecast period of 2024 to 2032.
The Retrofit Installation segment is expected to dominate the Philippines Outdoor Light-emitting Diode (LED) Lighting Market, holding a largest market share of 49.65 USD Billion in 2024
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Philippines Outdoor Light-emitting Diode (LED) Lighting Market Scope
Philippines 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 Philippines Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Application,Wattage Type,Installation Type,Offering.
Philippines Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 74.67(Revenue in USD Billion) in 2022.
Philippines Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 10.80% during the forecast period of 2024 to 2032.
The estimated market value of the Philippines Outdoor Light-emitting Diode (LED) Lighting Market for final year is USD 141.27 (USD Billion).
Philippines Outdoor Light-emitting Diode (LED) Lighting Market Company Profiling
Frequently Asked Questions
The Philippines Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Application,Wattage Type,Installation Type,Offering.
Philippines Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 74.67(Revenue in USD Billion) in 2022.
Philippines Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 10.80% during the forecast period of 2024 to 2032.
The estimated market value of the Philippines Outdoor Light-emitting Diode (LED) Lighting Market for final year is USD 141.27 (USD Billion).
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