Outdoor Landscape Lighting Market: 44% of Growth to Originate from APAC, Driven by Growing Demand for LED Lighting for Different Applications Technavio

2022-09-02 20:31:51 By : Ms. xiaoli lin

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NEW YORK , Aug. 29, 2022 /PRNewswire/ -- The Outdoor Landscape Lighting Market report provides a detailed analysis of the competitive scenario, the pre-and post-COVID-19 impact on businesses, and the market growth across various regions. The outdoor landscape lighting market is estimated to grow by USD 664.88 million from 2021 to 2026, growing at a CAGR of 5.52% as per the latest market report by Technavio. 44% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for outdoor landscape lighting in APAC. Market growth in this region will be faster than the growth of the market in other regions. The rising disposable incomes, an increasing number of dual-income households, growing product awareness, and increasing availability of a comprehensive range of product offerings will facilitate the outdoor landscape lighting market growth in APAC over the forecast period.

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Outdoor Landscape Lighting Market - Market Dynamics

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Outdoor Landscape Lighting Market - Company Profiles

The outdoor landscape lighting market is fragmented and the vendors are deploying growth strategies such as increasing innovations in technology and expansion of product offerings to compete in the market. Some of the companies covered in this report are Acuity Brands Inc., ALLIANCE Outdoor Lighting, CAST Lighting LLC, Eaton Corp. Plc, General Electric Co., Halco Lighting Technologies LLC, Hubbell Inc., Kichler Lighting LLC, Landscape Forms Inc., LSI Industries Inc., Orbit Industries Inc., OSRAM Licht AG, Oversea Lighting and Electric (M) Sdn. Bhd., Panasonic Corp., Signify NV, VOLT Lighting, WAC Lighting, Wipro Ltd., Cree Inc., etc. 

Outdoor Landscape Lighting Market - Market Segmentation

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The competitive scenario provided in the Outdoor Landscape Lighting Market Report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Outdoor Landscape Lighting Market Forecast Report - Buy Now!

Outdoor Landscape Lighting Market Scope

Accelerate at a CAGR of 5.52%

APAC, Europe, North America, South America, and Middle East and Africa

US, China, Japan, Germany, and UK

Leading companies, competitive strategies, consumer engagement scope

Acuity Brands Inc., ALLIANCE Outdoor Lighting, CAST Lighting LLC, Eaton Corp. Plc, General Electric Co., Halco Lighting Technologies LLC, Hubbell Inc., Kichler Lighting LLC, Landscape Forms Inc., LSI Industries Inc., Orbit Industries Inc., OSRAM Licht AG, Oversea Lighting and Electric (M) Sdn. Bhd., Panasonic Corp., Signify NV, VOLT Lighting, WAC Lighting, Wipro Ltd., and Cree Inc.

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.

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