Outdoor Lighting Market Size, Share, Growth Analysis, By Source Type(LED Lights, Plasma Lamps, High-Intensity Discharge Lamps, and Fluorescent Lights), By Application(Residential, Commercial), By Distribution Channel(Offline, Online), By Region - Industry Forecast 2024-2031

North America is the dominant region for Outdoor Lighting Market. Due to the growing trend of hosting family gatherings and dinners outdoors at home, there is a greater demand for outdoor lighting in North America. This trend is further supported by the growing popularity of designing and caring for front and backyard gardens, which not only improve the appearance of homes but also provide a pleasant space to host outdoor gatherings. The infrastructure in North America is well-established, which is helpful for the market expansion for outdoor lighting. Urbanization in the area is also increasing, which has increased demand for outdoor lighting in public areas, commercial buildings, and residential neighborhoods. The type of lighting product, the application, and the end-user are used to segment the market.

North America's largest outdoor lighting market is in the United States. The adoption of LED-based lighting solutions, which use less energy and have a longer lifespan than conventional lighting systems, has increased significantly across the nation. The growth of the market in the nation is also being fueled by rising government initiatives and regulations to promote energy-efficient lighting solutions.

Asia Pacific is one of the fastest-growing regions in the world in terms of outdoor lighting market growth. The region is experiencing rapid urbanization and industrialization, which is driving the demand for outdoor lighting products and solutions. In addition, the growing awareness of energy-efficient lighting solutions is also driving the growth of the market in the region.

China, Japan, India, and South Korea are some of the key countries driving the growth of the outdoor lighting market in the Asia Pacific region. In China, the demand for outdoor lighting products and solutions is being driven by the government's focus on improving the infrastructure in urban areas. Japan, on the other hand, is a mature market, with a high level of adoption of LED lighting solutions.

In India, the outdoor lighting market is being driven by the government's initiatives to improve the infrastructure in rural areas. The government's focus on developing smart cities is also driving the demand for outdoor lighting products and solutions in the country. South Korea is another important market in the region, with a focus on energy-efficient lighting solutions.