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

Overview

The RoA Outdoor Light-emitting Diode (LED) Lighting Market is expected to reach a 71.47 USD Billion by 2032 and is projected to grow at a CAGR of 10.22% from 2025 to 2032.

Revenue, 2024 (USD Billion)

39.03

Forecast, 2032 (USD Billion)

71.47

CAGR, 2024 - 2032

10.22%

Report Coverage

RoA

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

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

Market Growth and Projections:

Market Size (2024): 39.03 USD Billion
Projected Market Size (2032): 71.47 USD Billion
CAGR (2025-2032): 10.22%

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

The RoA Outdoor Light-emitting Diode (LED) Lighting Market was valued at 39.03 USD Billion in 2024.
The RoA Outdoor Light-emitting Diode (LED) Lighting Market is likely to grow at a CAGR of 10.22% 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 26.06 USD Billion
The fastest growing segment Public Places in Application Segment grew Fastest with a CAGR of 11.05% during the forecast period from 2024 to 2032.

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

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

Offering

Services
Software
Hardware

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

RoA 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	39.03 USD Billion
Market Value in 2032	71.47 USD Billion
CAGR (2025-2032)	10.22%
Historic Data	2016-2023
Market Segments Covered	Offering,Application,Wattage Type,Installation Type

Regional Insights:

Leading Market (2024-2032): RoA, leading in terms of revenue 39.03 USD Billion in 2024
- Key Country: RoA, leading in terms of revenue with value of 39.03 USD Billion in 2024.

Segments and Scope

RoA Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Offering
- Hardware is the largest segment in RoA Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 24.00 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in RoA Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 10.86 % in forecast period 2025-2032.
RoA Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Application
- Public Places is the largest segment in RoA Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 20.40 USD Billion in the year 2024.
- Public Places is the Fastest growing segment in RoA Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 11.05 % in forecast period 2025-2032.
RoA Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Wattage Type
- 50-150 W is the largest segment in RoA Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 20.35 USD Billion in the year 2024.
- More Than 150 W is the Fastest growing segment in RoA Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 10.27 % in forecast period 2025-2032.
RoA Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Installation Type
- Retrofit Installation is the largest segment in RoA Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 26.06 USD Billion in the year 2024.
- Retrofit Installation is the Fastest growing segment in RoA Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 10.77 % in forecast period 2025-2032.

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

Company Name
Thales
Accenture
Atos SE
NEC Corporation
IDEMIA

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

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

Industry Related Reports

South America Application-Specific Integrated Circuit (ASIC) Market

Middle East & Africa Application-Specific Integrated Circuit (ASIC) Market

North America Application-Specific Integrated Circuit (ASIC) Market

Europe Application-Specific Integrated Circuit (ASIC) Market

Asia-Pacific Application-Specific Integrated Circuit (ASIC) Market

Argentina Application-Specific Integrated Circuit (ASIC) Market

Australia Application-Specific Integrated Circuit (ASIC) Market

Belgium Application-Specific Integrated Circuit (ASIC) Market

Brazil Application-Specific Integrated Circuit (ASIC) Market

Canada Application-Specific Integrated Circuit (ASIC) Market

Frequently Asked Questions

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

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

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

RoA Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 39.03(Revenue in USD Billion) in 2022.

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

RoA Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 10.22% during the forecast period of 2024 to 2032.

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

The Retrofit Installation segment is expected to dominate the RoA Outdoor Light-emitting Diode (LED) Lighting Market, holding a largest market share of 26.06 USD Billion in 2024

Coming Soon....