Lucintel anticipates that Asia Pacific will be the fastest growing region in the outdoor LED lighting market

   October 3, 2019
According to a market report by Lucintel, the future of the outdoor LED lighting market looks promising with opportunities in the highways and roadways, architectural, and public places. The outdoor LED lighting market is expected to grow with a CAGR of 13% from 2019 to 2024. The major growth drivers for this market are development smart cities and economic corridors, need for energy-efficient lighting systems for highways, reduction in prices of LEDs, and demand for smart controls in street lighting systems.

To download report brochure, please go to and click "report brochure" tab from the menu.

In this market, new and retrofit are the major installation type. Retrofit is the largest segment. Within the outdoor LED lighting market, highways and roadways, architectural, and public places are the major applications.

APAC will remain the largest market over the forecast period.  

Philips Lighting Holding, Eaton Corporation, Cree, General Electric Company, Osram Licht, Acuity Brands, Hubbell Incorporated, Zumtobel, Legrand, and Thorn Lighting are among the major manufacturers of outdoor LED Lighting

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the outdoor LED Lighting market by wattage type, application, installation and region. Lucintel has prepared a comprehensive research report titled “Outdoor LED Lighting Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the outdoor LED lighting market by wattage type, application, installation and region as follows:

By Wattage Type [$M shipment analysis for 2013 – 2024]:

  • Less than 50W

  • Between 50W and 150W

  • More than 150W

By Application [$M shipment analysis for 2013 – 2024]:

  • Highways & Roadways

  • Architectural

  • Public Places

  • Others

By Installation [$M shipment analysis for 2013 – 2024]:

  • New

  • Retrofit

By Region [$M shipment analysis for 2013 – 2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • Italy

  • Asia Pacific

    • China

    • Japan

    • India

  • Rest of the World

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [53]
Chemical [264]
Composites & Advanced Materials [171]
Construction & Industrial [76]
Consumer and Retail [140]
Economic Analysis [86]
Energy & Utility [73]
Finance & Services [10]
Healthcare [79]
Media & Entertainment [16]
Metals & Mining [17]
Technology & Telecommunication [166]
Transportation [143]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Lucintel Insights in News

Follow us on