What is the current Outdoor Solar LED Market size?

The Outdoor Solar LED Market is projected to register a CAGR of 23.32% during the forecast period (2024-2029) Read More

Who are the key players in Outdoor Solar LED Market?

CREE Lighting, Gamasonic, Hubbell Outdoor, Ligman Lighting and Sokoyo Solar Lighting Co. Ltd. are the major companies operating in the Outdoor Solar LED Market. Read More

Which is the fastest growing region in Outdoor Solar LED Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Outdoor Solar LED Market?

In 2024, the North America accounts for the largest market share in Outdoor Solar LED Market. Read More

What years does this Outdoor Solar LED Market cover?

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

Outdoor Solar LED Market Size & Share Analysis - Industry Research Report

Outdoor Solar LED Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Outdoor Solar LED Market is Segmented By Application (Solar LED Street Lights, Solar Garden LED Lights, Solar LED Floodlights, Solar LED Area Lights, and Solar LED Spotlights), By Wattage (Less than 39W, 40W to 149W, and More than 150W), By End User Industry (Residential, Commercial, and Industrial) and By Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Outdoor Solar LED Industry Overview

The market for outdoor solar LED features is fragmented because there are many solar LED lighting vendors in this market. The increasing demand for renewable energy sources encourages market vendors to concentrate on opportunities for the international export of their solar LED products. Important players like SOKOYO, Signify Holding, and Sunna Design SA participate in numerous trade shows and exhibitions worldwide to grow their businesses.
In November 2022, Signify added twelve new lamps and luminaires to its "Ultra Efficient" line of LEDs that it claims are up to 50% more efficient than its standard LED offerings. The new products include two indoor diamond cut luminaires, two outdoor arbor luminaires, and two outdoor solar-powered Tyla luminaires.
In June 2022, SBM-SolarTech made available for purchase the Model D-143, the fourth generation of solar road studs. Road construction companies use solar road studs flashing LED lighting to mark centerlines and edges of roads. Road studs with embedded solar lights significantly increase traffic safety and effectiveness. Through actual use, solar-powered road studs have been shown to reduce accident rates and the likelihood of route errors.