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

Overview

The South America Outdoor Light-emitting Diode (LED) Lighting Market is expected to reach a 501.44 USD Billion by 2032 and is projected to grow at a CAGR of 6.97% from 2025 to 2032.

Revenue, 2024 (USD Billion)
329.84
Forecast, 2032 (USD Billion)
501.44
CAGR, 2024 - 2032
6.97%
Report Coverage
South America

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

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

Market Growth and Projections:

  • Market Size (2024): 329.84 USD Billion
  • Projected Market Size (2032): 501.44 USD Billion
  • CAGR (2025-2032): 6.97%

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

  • The South America Outdoor Light-emitting Diode (LED) Lighting Market was valued at 329.84 USD Billion in 2024.
  • The South America Outdoor Light-emitting Diode (LED) Lighting Market is likely to grow at a CAGR of 6.97% 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 212.02 USD Billion
  • The fastest growing segment Hardware in Offering Segment grew Fastest with a CAGR of 8.15% during the forecast period from 2024 to 2032.

South America Outdoor Light-emitting Diode (LED) Lighting Market Scope

South America 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

South America 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 329.84 USD Billion
Market Value in 2032 501.44 USD Billion
CAGR (2025-2032) 6.97%
Historic Data 2016-2023
Market Segments Covered Offering,Application,Wattage Type,Installation Type

Regional Insights:

  • Leading Market (2024-2032): South America, leading in terms of revenue 329.84 USD Billion in 2024
    • Key Country: Brazil, leading in terms of revenue with value of 210.39 USD Billion in 2024.

Segments and Scope

  • South America Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Offering
    • Hardware is the largest segment in South America Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 194.62 USD Billion in the year 2024.
    • Hardware is the Fastest growing segment in South America Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 8.15 % in forecast period 2025-2032.
  • South America Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Application
    • Public Places is the largest segment in South America Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 153.53 USD Billion in the year 2024.
    • Public Places is the Fastest growing segment in South America Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 7.90 % in forecast period 2025-2032.
  • South America Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Wattage Type
    • 50-150 W is the largest segment in South America Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 157.86 USD Billion in the year 2024.
    • More Than 150 W is the Fastest growing segment in South America Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 7.07 % in forecast period 2025-2032.
  • South America Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Installation Type
    • Retrofit Installation is the largest segment in South America Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 212.02 USD Billion in the year 2024.
    • Retrofit Installation is the Fastest growing segment in South America Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 7.38 % in forecast period 2025-2032.

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

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

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

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

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

South America Outdoor Light-emitting Diode (LED) Lighting Market Company Profiling
Frequently Asked Questions
The South America Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Offering,Application,Wattage Type,Installation Type.
South America Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 329.84(Revenue in USD Billion) in 2022.
South America Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 6.97% during the forecast period of 2024 to 2032.
The Retrofit Installation segment is expected to dominate the South America Outdoor Light-emitting Diode (LED) Lighting Market, holding a largest market share of 212.02 USD Billion in 2024

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South America Outdoor Light-emitting Diode (LED) Lighting Market Scope

South America 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
Frequently Asked Questions
The South America Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Offering,Application,Wattage Type,Installation Type.
South America Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 329.84(Revenue in USD Billion) in 2022.
South America Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 6.97% during the forecast period of 2024 to 2032.
The estimated market value of the South America Outdoor Light-emitting Diode (LED) Lighting Market for final year is USD 501.44 (USD Billion).

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

South America Outdoor Light-emitting Diode (LED) Lighting Market Company Profiling
Frequently Asked Questions
The South America Outdoor Light-emitting Diode (LED) Lighting Market is segmented based on Segmentation Offering,Application,Wattage Type,Installation Type.
South America Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 329.84(Revenue in USD Billion) in 2022.
South America Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 6.97% during the forecast period of 2024 to 2032.
The estimated market value of the South America Outdoor Light-emitting Diode (LED) Lighting Market for final year is USD 501.44 (USD Billion).

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