South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032
Overview
The South Africa Outdoor Light-emitting Diode (LED) Lighting Market is expected to reach a 435.79 USD Billion by 2032 and is projected to grow at a CAGR of 7.02% from 2025 to 2032.
Revenue, 2024 (USD Billion)
285.93
Forecast, 2032 (USD Billion)
435.79
CAGR, 2024 - 2032
7.02%
Report Coverage
South Africa
South Africa Outdoor Light-emitting Diode (LED) Lighting Market 2018-2032 USD Billion
South Africa Outdoor Light-emitting Diode (LED) Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 285.93 USD Billion
- Projected Market Size (2032): 435.79 USD Billion
- CAGR (2025-2032): 7.02%
Key Findings of South Africa Outdoor Light-emitting Diode (LED) Lighting Market
- The South Africa Outdoor Light-emitting Diode (LED) Lighting Market was valued at 285.93 USD Billion in 2024.
- The South Africa Outdoor Light-emitting Diode (LED) Lighting Market is likely to grow at a CAGR of 7.02% 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 187.53 USD Billion
- The fastest growing segment More Than 150 W in Wattage Type Segment grew Fastest with a CAGR of 7.77% during the forecast period from 2024 to 2032.
South Africa Outdoor Light-emitting Diode (LED) Lighting Market Scope
South Africa Outdoor Light-emitting Diode (LED) Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Installation Type
- New Installation
- Retrofit Installation
Wattage Type
- Less Than 50 W
- More Than 150 W
- 50-150 W
Application
- Others
- Architectural
- Highway and Roadway
- Public Places
South Africa 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 | 285.93 USD Billion |
| Market Value in 2032 | 435.79 USD Billion |
| CAGR (2025-2032) | 7.02% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Offering,Installation Type,Wattage Type,Application |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 285.93 USD Billion in 2024
- Key Country: South Africa, leading in terms of revenue with value of 285.93 USD Billion in 2024.
Segments and Scope
-
South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Offering
- Hardware is the largest segment in South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 173.35 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 7.70 % in forecast period 2025-2032.
-
South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Installation Type
- Retrofit Installation is the largest segment in South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 187.53 USD Billion in the year 2024.
- Retrofit Installation is the Fastest growing segment in South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 7.36 % in forecast period 2025-2032.
-
South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Wattage Type
- 50-150 W is the largest segment in South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 144.90 USD Billion in the year 2024.
- More Than 150 W is the Fastest growing segment in South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 6.99 % in forecast period 2025-2032.
-
South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Application
- Public Places is the largest segment in South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 143.35 USD Billion in the year 2024.
- Public Places is the Fastest growing segment in South Africa Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 7.75 % in forecast period 2025-2032.
South Africa Outdoor Light-emitting Diode (LED) Lighting Market Company Share Analysis
| Company Name |
|
||
| Thales | |||
| Accenture | |||
| Atos SE | |||
| NEC Corporation | |||
| IDEMIA | |||
South Africa Outdoor Light-emitting Diode (LED) Lighting Market Geographical Sales Distribution, 2018-2032 USD Billion
South Africa Outdoor Light-emitting Diode (LED) Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Offering,Installation Type,Wattage Type,Application.
South Africa Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 285.93(Revenue in USD Billion) in 2022.
South Africa Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 7.02% during the forecast period of 2024 to 2032.
The Retrofit Installation segment is expected to dominate the South Africa Outdoor Light-emitting Diode (LED) Lighting Market, holding a largest market share of 187.53 USD Billion in 2024
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South Africa Outdoor Light-emitting Diode (LED) Lighting Market Scope
South Africa Outdoor Light-emitting Diode (LED) Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Installation Type
- New Installation
- Retrofit Installation
Wattage Type
- Less Than 50 W
- More Than 150 W
- 50-150 W
Application
- Others
- Architectural
- Highway and Roadway
- Public Places
Frequently Asked Questions
The South Africa Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Offering,Installation Type,Wattage Type,Application.
South Africa Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 285.93(Revenue in USD Billion) in 2022.
South Africa Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 7.02% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Outdoor Light-emitting Diode (LED) Lighting Market for final year is USD 435.79 (USD Billion).
South Africa Outdoor Light-emitting Diode (LED) Lighting Market Company Profiling
Frequently Asked Questions
The South Africa Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Offering,Installation Type,Wattage Type,Application.
South Africa Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 285.93(Revenue in USD Billion) in 2022.
South Africa Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 7.02% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Outdoor Light-emitting Diode (LED) Lighting Market for final year is USD 435.79 (USD Billion).
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