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

Overview

The Spain Outdoor Light-emitting Diode (LED) Lighting Market is expected to reach a 752.96 USD Billion by 2032 and is projected to grow at a CAGR of 12.52% from 2025 to 2032.

Revenue, 2024 (USD Billion)

361.54

Forecast, 2032 (USD Billion)

752.96

CAGR, 2024 - 2032

12.52%

Report Coverage

Spain

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

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

Market Growth and Projections:

Market Size (2024): 361.54 USD Billion
Projected Market Size (2032): 752.96 USD Billion
CAGR (2025-2032): 12.52%

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

The Spain Outdoor Light-emitting Diode (LED) Lighting Market was valued at 361.54 USD Billion in 2024.
The Spain Outdoor Light-emitting Diode (LED) Lighting Market is likely to grow at a CAGR of 12.52% 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 229.65 USD Billion
The fastest growing segment Public Places in Application Segment grew Fastest with a CAGR of 13.53% during the forecast period from 2024 to 2032.

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

Spain 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

Spain 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	361.54 USD Billion
Market Value in 2032	752.96 USD Billion
CAGR (2025-2032)	12.52%
Historic Data	2016-2023
Market Segments Covered	Offering,Application,Wattage Type,Installation Type

Regional Insights:

Leading Market (2024-2032): Spain, leading in terms of revenue 361.54 USD Billion in 2024
- Key Country: Spain, leading in terms of revenue with value of 361.54 USD Billion in 2024.

Segments and Scope

Spain Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Offering
- Hardware is the largest segment in Spain Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 204.49 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in Spain Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 13.31 % in forecast period 2025-2032.
Spain Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Application
- Public Places is the largest segment in Spain Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 163.53 USD Billion in the year 2024.
- Public Places is the Fastest growing segment in Spain Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 13.53 % in forecast period 2025-2032.
Spain Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Wattage Type
- 50-150 W is the largest segment in Spain Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 168.11 USD Billion in the year 2024.
- More Than 150 W is the Fastest growing segment in Spain Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 12.51 % in forecast period 2025-2032.
Spain Outdoor Light-emitting Diode (LED) Lighting Market to 2032, By Installation Type
- Retrofit Installation is the largest segment in Spain Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a revenue of 229.65 USD Billion in the year 2024.
- Retrofit Installation is the Fastest growing segment in Spain Outdoor Light-emitting Diode (LED) Lighting Market to 2032 with a Growth rate of 12.83 % in forecast period 2025-2032.

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

Company Name
Thales
Accenture
Atos SE
NEC Corporation
IDEMIA

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

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

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Frequently Asked Questions

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

The Spain 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 Spain Outdoor Light-emitting Diode (LED) Lighting Market?

Spain Outdoor Light-emitting Diode (LED) Lighting Market was valued at USD 361.54(Revenue in USD Billion) in 2022.

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

Spain Outdoor Light-emitting Diode (LED) Lighting Market is projected to grow at a CAGR of 12.52% during the forecast period of 2024 to 2032.

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

The Retrofit Installation segment is expected to dominate the Spain Outdoor Light-emitting Diode (LED) Lighting Market, holding a largest market share of 229.65 USD Billion in 2024

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