North America Outdoor Lighting Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The North America Outdoor Lighting Market is segmented by Type of Application (Residential Outdoor, Architectural, Sport Arenas/Large Areas/Campus, Street lighting/Roadway lighting), Distribution Channel (Direct Sales, Wholesale/Retail), Type of Lighting ( Traditional, LED), and Country (United States, Canada). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

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North America Outdoor Lighting Market Size

North America Outdoor Lighting Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 6.30 %
Market Concentration Medium

Major Players

North America Outdoor Lighting Market Major Players

*Disclaimer: Major Players sorted in no particular order

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North America Outdoor Lighting Market Analysis

The North America Outdoor Lighting Market was valued at USD 4.1 billion in 2022 and is expected to register a CAGR of 6.3% during the forecast period. Consumer preferences for more expensive, luxuriant goods have changed due to regional consumer attitudes toward convenience, appearance, entertainment, technology, and government initiatives for energy-efficient products.

  • Outdoor lighting enhances the natural beauty and energy of homes and other structures. It draws attention to charming features, illuminates pathways, and creates an enticing ambiance. The market in the region is extremely dominated due to increasing infrastructure activities in the United States, Canada, and others, as well as government growing energy efficiency initiatives.
  • The growing trend of sporting events, family gatherings, and dinners in outdoor spaces at home is expected to drive up demand for outdoor lighting in North America. This trend is bolstered further by the growing interest in designing and maintaining front and backyard gardens. Such factors, as well as the demand for energy-efficient lighting, are expected to propel the market.
  • The United States is expected to hold a significant share of the market. LED lighting is preferred over traditional lighting in the United States because it offers product longevity, reduced maintenance, and minimal light pollution, all driving LED adoption in the country. According to the Department of Energy, demand for LED lights in the United States is expected to rise between 2020 and 2035, particularly for outdoor applications. LED lighting will be used in 93% of outdoor lighting installations by 2025, making it the most widely used type across all industries.
  • Moreover, as energy consumption has increased, the Canadian region has seen increased demand for energy-efficient, sustainable products. Canadian industry associations say L.E.D.s are used in more than 70% of new greenhouses. The Ontario Ministry of Energy announced that up to USD 136 million was to be committed in October 2022 to help southwest Ontario greenhouse operators improve their energy efficiency by making changes such as switching to L.E.D. lighting.
  • Governments throughout the region are encouraging the use of energy-efficient lighting, which is expected to boost the growth of the outdoor lighting market. For example, the U.S. federal government unveiled the Climate Smart Building Initiative in August 2022, strengthening the government's collaboration with the private sector to modernize federal buildings. This initiative includes improving on-site renewable energy generation and planning for energy-efficient lighting solutions.
  • Furthermore, the increasing use of solar energy as a renewable energy source for lighting across nations will likely promote the growth of the outdoor lighting market. According to the E.I.A., the electric power sector was to account for approximately 59% of total renewable energy consumption in the United States in 2021. The country's future goal of increasing renewable energy capacity is expected to drive the adoption rate of energy-efficient lighting solutions.
  • LED lighting has numerous advantages over traditional technologies like incandescent and fluorescent lighting. One of the significant disadvantages of LED lights is the high initial investment required for their production. LED light manufacturing involves several stages, including wafer growth, chip fabrication, packaging, and testing. These factors add up to the high capital investments end users require compared to other fixtures.
  • The spread of the COVID-19 epidemic resulted in the temporary closure of stadiums, parks, and travel restrictions, lowering the adoption of outdoor lighting. Furthermore, the pandemic raised awareness of the importance of good lighting in creating healthy and safe indoor environments.

North America Outdoor Lighting Market Trends

LED Lighting is Expected to Hold Major Share

  • LEDs have steadily progressed in the region, from traditional standalone bulb lighting to integral luminaire system designs. According to the Department of Energy, demand for LED lights in the United States is expected to rise between 2020 and 2035, particularly for outdoor applications. LED lighting will be used in 93% of outdoor lighting installations by 2025, making it the most widely used type across all industries. Such factors are expected to drive the region's LED lighting solutions.
  • One of the key factors driving the region's adoption of LED lighting is the region's growing need for energy-efficient lighting systems, which is being met by falling LED product prices and stringent government regulations. Energy savings from LED lighting could reach 569 TWh annually by 2035, according to the United States DOE, which is equivalent to the annual energy production of over 921,000-megawatt power plants. Most lighting installations are expected to be LED-based by 2035, creating opportunities for outdoor lighting applications.
  • LED is a highly energy-efficient lighting technology that has the potential to fundamentally change the future of lighting in the United States, according to the Department of Energy. When compared to incandescent bulbs and tube lights, LED light demand has steadily increased due to their higher brightness for the same amount of electricity used. In 2021, the United States imported approximately USD 12.5 billion in lighting fixtures and fittings from the rest of the world, according to U.N. Comtrade.
  • The growing demand for energy-efficient lighting systems has been broadly recognized since the government began participating in and encouraging favorable initiatives driving the demand for LED lighting technologies. In the United States, for instance, the Department of Energy announced updated rules to phase out incandescent light bulbs from production and sale before a ban takes effect in 2023. Such initiatives will drive LED lighting demand.
  • LED display outdoor applications are expanding. Large-format displays are becoming increasingly common in football and baseball stadiums in the United States, where sporting events are prevalent, captivating the audience with presentations featuring athletes' plays and dynamic visuals and sound. Large LED-based solutions are being installed at major sporting events, which is driving the market.
  • Outdoor sports field lighting is used to illuminate the field or stage in professional and amateur arenas and stadiums. For example, the World Athletics Championships will be held in July 2022 at Hayward Field in Eugene, Oregon, United States. A LED signboard with the TDK corporate logo was installed, which illuminated the athletes. This is the first time TDK power supply products designed for industrial equipment have been chosen for this LED signboard at the 2022 event.
  • Furthermore, LED lights are gaining popularity in the fields of architectural and landscape design, providing several advantages to designers and their clients. SloanLED, for example, introduced Symphony Area Light in November 2022, a dynamic addition to the Symphony Series of architectural lighting fixtures for the United States and Canada. Symphony Area Light blends seamlessly into the architectural landscape with its three housing sizes and four modular in-field, interchangeable mounting options, delivering strong performance and uniformity for greater pole spacing and minor power density.
Breakdown of the LED Light Market in the United States, by Sector, North America Outdoor Lighting Market, 2017 - 2035

Street lighting/Roadway Lighting is Expected to Drive the Market

  • Connected streetlights have emerged as a significant driver of demand in the region for LED market lighting. The growing adoption of LED lighting for energy-efficient lighting systems, rising awareness about low power consumption, and rising adoption of smart cities in North America are the primary factors driving North American street lighting market growth.
  • The growth of smart cities across the region drives up demand for LED streetlights. Multiple governments' installed connected LED street lighting in various smart city projects contributes to the broader innovation of aging city infrastructure. Furthermore, various government initiatives in the region to replace traditional lighting with energy-efficient lighting are expected to increase demand for LED lights in street lighting.
  • LED technology and smart lighting controls are revolutionizing street lighting by providing a safer streetscape while modernizing and lowering the lighting costs, which is one of the most energy-intensive areas of most cities' energy consumption. According to the DOE, widespread use of LEDs in the United States by 2027 could save more than USD 30 billion in energy savings. The efficiency, financial, and quality of life benefits of LED solutions are expected to be embraced by communities.
  • Moreover, Local government legislation requiring the use of energy-efficient goods is expected to drive the market for LED lighting across street lighting applications. For example, in June 2022, the New York Power Authority (NYPA) and the Town of Irondequoit began installing energy-efficient SMART (Self-Monitoring Analysis and Reporting Technology) LED lamps throughout the town as part of the state's Smart Street Lighting NY program. The Power Authority installed and paid for the over USD 3 million improvements, which included replacing approximately 2,000 streetlights throughout the town with energy-efficient LED lighting.
  • Many cities in the United States are heavily investing in massive streetlight modernization projects for cost savings and energy-efficient street lighting, which is increasing demand for street lighting in the country. For example, the City of Chicago completed the Chicago Smart Lighting Program in February 2022, a streetlight modernization project that replaced more than 280,000 outdated streetlights with high-efficiency LED lights that improved the quality of night-time visibility across the city and are projected to save Chicago taxpayers USD 100 million in electricity costs over the next ten years.
  • Furthermore, in December 2022, the City of Southaven and Entergy began a project to replace the outdated light fixtures on the City's street lights with modern LED lighting. Entergy owns the light poles and fixtures for most of the City's streetlights, and approximately 4,040 streetlights in Southaven will be converted. The project began in Ward 1 in Southaven's older neighborhoods at the request of the City. The city intends to replace all of its light fixtures with LED lighting eventually, with a completion date of 2025.
  • The region's growing smart city population and the growing use of smart homes are driving the segment. Furthermore, the growing number of highways and streets in the United States is increasing the demand for street lighting. According to US Census Bureau data, the average monthly value of public highway and street construction in the US was USD 89.4 billion in 2017, rising to USD 99.9 billion in 2021. The above factors are expected to drive demand for street lighting in the United States.
North America Outdoor Lighting Market: State and Local Highway and Street Projects, in USD Billion, United States, 2008-2022

North America Outdoor Lighting Industry Overview

Due to the presence of numerous market players in the region, competition in the North American Outdoor lighting market appears to be fierce, and the market appears to be moderately fragmented. These major players offer innovative lighting technologies to gain market share and engage in mergers and acquisitions. Signify Holding, Acuity Brands, GE Current, and others are major North America Outdoor lighting market players.

  • February 2022 - The Alabama City Council approved a USD 4.7 million cost-cutting agreement with NORESCO Energy Services to begin installing LED lights throughout the city in an effort to make the streetlights more energy-efficient.Furthermore, the Town of Blountsville signed a contract with Alabama Power for new LED streetlights in April 2022. The town's expenses will be spread out over three years, which will lower the price. The town will save an estimated USD 128 per month along with the power savings plan.
  • December 2022 - Redlands, California, has begun a USD 1.3 million project to replace its streetlights with energy-saving LEDs. This initiative has the potential to save the city approximately USD 500,000 per year. The project to convert the city's streetlights to LED is expected to begin in December 2022 and conclude in early 2023.

North America Outdoor Lighting Market Leaders

  1. Signify Holding

  2. Acuity Brands

  3. GE Current (including Hubbell Lighting)

  4. Cree Lighting

  5. Ideal Industries

*Disclaimer: Major Players sorted in no particular order

North America Outdoor Lighting Market Concentration
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North America Outdoor Lighting Market News

  • May 2022 - The District of Columbia's Department of Transportation and the Office of Public-Private Partnerships (OP3) announced a long-term public-private partnership with the Plenary Infrastructure DC (PIDC) consortium to modernize more than 75,000 lights throughout the District. The USD 309 million projects are expected to modernize over 75,000 streetlights, reduce energy consumption by more than 50%, improve service equity, and expand Wi-Fi coverage in underserved neighborhoods.
  • February 2022 - The District of Columbia Council approved spending USD 309 million on light bulbs over the next two years. The council approved the investment to upgrade 75,000 streetlights to LED bulbs. Plinary Infrastructure D.C. (PIDC), a private company, has a 15-year contract with the city for new light bulbs. The new bulbs are more efficient, and the light is aimed at streets and alleyways.
  • May 2022 - Ubicquia and RealTerm Energy, one of the leaders in providing energy-efficient turnkey LED street-lighting conversions for municipalities, announced the completion of 25 smart street-lighting projects and the completion of tasks in 5 other cities across the United States and Canada. RealTerm Energy has deployed additional Ubicquia streetlight platforms for air quality monitoring, public WIFI, and video analytics to improve public safety.

Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Technological Advances
  • 4.3 Impact of Macro Trends (post-COVID-19 affects, economic downturns, supply chain scenario, etc.) on the Market
  • 4.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry
  • 4.5 Industry Value Chain Analysis

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Increase in Need for Energy-efficient Lighting Systems and Favorable Government Regulations
    • 5.1.2 Declining Prices of LED Products
  • 5.2 Market Challenges
    • 5.2.1 High Initial Investment

6. MARKET SEGMENTATION

  • 6.1 By Type of Application
    • 6.1.1 Residential Outdoor
    • 6.1.2 Architectural
    • 6.1.3 Sport Arenas/Large Areas/Campus
    • 6.1.4 Other Applications (Events, Tunnels, Galleries, etc.)
  • 6.2 By Distribution Channel
    • 6.2.1 Direct Sales
    • 6.2.2 Wholesale/Retail
  • 6.3 By Type of Lighting
    • 6.3.1 Traditional
    • 6.3.2 LED
  • 6.4 By Country
    • 6.4.1 Unites States
    • 6.4.2 Canada

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Signify Holding
    • 7.1.2 Acuity Brands
    • 7.1.3 Ideal Industries
    • 7.1.4 GE Current (including Hubbell Lighting)
    • 7.1.5 TCP Lighting
    • 7.1.6 Circadian Light
    • 7.1.7 SLV Lighting
    • 7.1.8 Cree Lighting
  • *List Not Exhaustive

8. LIST OF RECENT OUTDOOR LIGHTING PROJECTS IN THE REGION

9. LIST OF PROMINENT LIGHTING DISTRIBUTORS/DESIGNERS/PROJECT CONSULTANTS etc. IN THE REGION

10. INVESTMENT ANALYSIS

11. MARKET OPPORTUNITIES AND FUTURE TRENDS

** Subject To Availablity
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North America Outdoor Lighting Industry Segmentation

  • Outdoor lighting is defined as fixed artificial lighting used to illuminate areas without roofs, i.e., outdoor areas. The goal of outdoor lighting is to maintain or improve the visual performance of people performing human activities by illuminating the area. The goal of outdoor lighting is to improve the efficiency of human activities in a variety of industries.
  • The North America Outdoor Lighting Market is segmented by Type of Application (Residential Outdoor, Architectural, Sports Arenas/Large Areas/Campus, Street lighting/Roadway lighting), Distribution Channel (Direct Sales, Wholesale/Retail), Type of Lighting ( Traditional, LED), and Country (United States, Canada). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
By Type of Application Residential Outdoor
Architectural
Sport Arenas/Large Areas/Campus
Other Applications (Events, Tunnels, Galleries, etc.)
By Distribution Channel Direct Sales
Wholesale/Retail
By Type of Lighting Traditional
LED
By Country Unites States
Canada
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Frequently Asked Questions

The North America Outdoor Lighting Market is projected to register a CAGR of 6.30% during the forecast period (2024-2029)

Signify Holding, Acuity Brands, GE Current (including Hubbell Lighting), Cree Lighting and Ideal Industries are the major companies operating in the North America Outdoor Lighting Market.

The report covers the North America Outdoor Lighting Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Outdoor Lighting Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

North America Outdoor Lighting Industry Report

Statistics for the 2024 North America Outdoor Lighting market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. North America Outdoor Lighting analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

North America Outdoor Lighting Market Report Snapshots

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North America Outdoor Lighting Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)