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Landscape Lighting Market

Landscape Lighting Market Analysis Report Lighting Type (High-Intensity Discharge (Hid) Lamps, High-Emitting Diode (Led) Light, Fluorescent Lights, Plasma Lamps), By Application (Streets, Highways, Parking lots, Stadiums, Others), By End-users & By Region - Global Market Insights 2022 to 2032

Analysis of Landscape Lighting Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Landscape Lighting Market Outlook (2022-2032)

Due to the enhanced features of the landscape lighting industry, it is anticipated that modern landscape lights would encourage people to migrate from conventional lighting solutions to LED solutions. The development of effective and intelligent technology, such as daylight sensors and control systems, has further increased the market's potential for growth.

The application of LED lights has expanded to include outdoor illumination thanks to the development of affordable, energy-efficient LED lighting solutions. Landscape lighting is increasingly being used as a result of technological improvements (such as the use of chip-on-board technology).

Additionally, with the aid of the landscape lights, the outdoor environment is monitored both during the day and at night. Due to the prospective applications of landscape lights inside homes and on roads, the market is anticipated to experience considerable expansion over the course of the projected period.

The global arcade for landscape lights at present is valued at USD 15.03 Billion in 2022. The market is further expected to grow with a CAGR of 15.68% in the forecast period. Moreover, this market is anticipated to gain a size of USD 64.50 Billion by end of 2032.

Report Attributes

Details

Market size (2022 A)

USD 15.03 Billion

Base Year for Estimation

2022

Forecast duration for this research

2022-2032

Forecasted Market value (2032 F)

USD 64.50 Billion

Global Market Growth rate (2022-2032 E)

CAGR of 15.68%

Key Companies Profiled

  • Syska LED
  • Koninklijke Philips N.V.
  • General Electric
  • Hubbell
  • OSRAM
  • Cree Inc.
  • Eaton
  • Dialight
  • Virtual Extension
  • Zumtobel Group AG

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Why there is a demand for landscape lighting?

The growing demand for landscape lights in public spaces, parks, and university campuses is one of the market factors for this product. Additionally, more and more locations these days, including highways, public parks, business sites, and outdoor parking lots, are utilizing landscape lights.

The installation of these lights is necessary as part of the government's focus on the creation of smart cities. As a result, the market has experienced significant growth due to the use of landscape lighting in intelligent cities.

“Energy-efficient Infrastructure solutions to foster demand for landscape lights”

Some benefits of landscape lighting include real-time monitoring and controlling of connected smart street light infrastructure; due to which the market is expected to have significant growth during the forecast period. Increasing penetration of these attributed to being an energy-efficient lighting source is expected to provide a rise in growth opportunities to the market during the forecast period. These factors are expected to contribute to the growth of the lighting market in the coming years.

Moreover, government initiatives toward energy conservation are a key factor driving the growth of the market. Also, the adoption of high-cost infrastructure in-house outdoors, in gardens and streets is providing the potential increase to the market. Also, with the development of any country, there is a development of various sectors including the railway and civil.

Landscape Lighting Market

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What hinders market growth?

Landscape lighting finds a huge application owing to the development of these sectors. This is another reason providing the potential growth of the market. However, high import duties on landscape lighting are expected to hinder the market during the forecast period.

Some trends in landscape lights :

  • Stimulating Moonlights - This is preferred for patios, gardens, and swimming pools for a calming effect at night. Even on a cloudy day using outdoor lighting to simulate the illumination of a full moon can give the appearance and sensation of real moonlight.
  • High-end Fixtures - These are preferred for their appearance and how light highlights architectural features. These are clearly visible in pathways and rarely remain unnoticed. These have opted for their attractiveness.
  • Underlit Hardscapes - This trend offers both an attractive look and functionality. These improve visual appeal underlying steps to increase walkers’ safety as well as maintain an alluring look.

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Regional Outlook

The North American market is expected as one of the leading markets owing to the high adoption of lighting solutions in almost all areas in the region. The presence of modern electronic technologies related to sensors is expected to give potential growth in the Europe.

Asia-Pacific (APAC) market is also expected to witness significant growth as it is a major hub for the manufacturing and distribution of LED-based lighting systems and a major exporter of energy-efficient lighting solutions.

The growing government support toward the use of landscape lights usage in outdoor lighting applications in countries such as India, China, and Japan is expected to grow the landscape lighting market during the forecast period.

Middle East and Africa are expected to have considerable growth in the landscape lighting market due increasing number of constructions of buildings and malls. The landscape lighting arcade is expected to grow at a substantial rate in Australia and New Zealand due to government initiatives toward the installation of smart landscape lighting in smart cities.

Segmentation

The LED types are dominant in the market and are also anticipated to gain the fastest CAGR in the forecast duration. These lights are preferred for their durability, efficiency, and longer lifespan. There is a notable shift from conventional lighting to LED lights as its brighter in emission and useful as street lights enhancing security.

LED lights are dominantly used in streets and gardens. In gardens, these lights highlight different aspects of trees and upgrade the overall look of the garden. Parking lots, stadiums, and tunnels are some other major application segments of LED lights.

Based on the end-user industry the commercial segment dominates at present in terms of volume. However, the residential segment is anticipated to gain growth in CAGR due to rising awareness about cost-efficient solutions across people in the forecast years.

Landscape Lighting Market: Segmentation

  • By Lighting Type :

    • High-intensity discharge (HID) lamps
    • High-emitting diode (LED) light
    • Fluorescent lights
    • Plasma lamps
    • Others
  • By Application :

    • Streets
    • Highways
    • Parking lots
    • Gardens, parks
    • Business parks
    • Stadiums
    • Tunnels
    • Others
  • By End-users :

    • Commercial
    • Residential
    • Industrial
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia
    • Oceania

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The landscape lighting market is likely to grow at a CAGR of 15.68% during the forecast period.

The market is expanding owing to the rising adoption of landscape lighting in public areas, parks, and institute campuses.

Manufacturers are likely to find the most opportunities in North America.

The global arcade for landscape lights at present is valued at USD 15.03 Billion in 2022.

This market is anticipated to gain size of USD 64.50 Billion by end of 2032.

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