Lucintel Forecasts the Global Landscape Lighting Market to Reach $35.6 billion by 2030
Lucintel Forecasts the Global Landscape Lighting Market to Reach $35.6 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global landscape lighting market looks promising with opportunities in the streets, highways, parking lots, and stadiums markets. The global landscape lighting market is expected to reach an estimated $35.6 billion by 2030 from $16.5 billion in 2024, at a CAGR of 13.7% from 2024 to 2030. The major drivers for this market are increasing demand for outdoor living spaces, rising disposable incomes in emerging markets, and technological advancements that are making landscape lighting more affordable and efficient.
A more than 150-page report to understand trends, opportunity and forecast in landscape lighting market to 2030 by lighting type (high-intensity discharge lamps, high-emitting diode light, fluorescent lights, and plasma lamps), application (streets, highways, parking lots, stadiums, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that high-emitting diode light is expected to witness highest growth over the forecast period due to its longer span, durability, and high energy efficiency.
Within this market, street will remain the largest segment due to increasing demand for energy-efficient lighting, improved safety, and enhanced aesthetics.
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North America is expected to witness highest growth over the forecast period due to higher adaption of modern electronic technologies.
Syska LED, Koninklijke Philips, General Electric, Hubbell, OSRAM, Cree, Eaton, Dialight, Virtual Extension, Zumtobel are the major suppliers in the landscape lighting market.
This unique 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 write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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