New York, According to a new market research report published by Global Insight Services “Outdoor Landscape Lighting Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Outdoor landscape lighting technology has come a long way in recent years. Newer, more efficient light sources and controls have made it possible to create beautiful, functional outdoor lighting designs that are also eco-friendly.
LED (light emitting diode) technology is now the most popular choice for outdoor landscape lighting. LEDs are extremely energy efficient, long lasting, and provide a bright, even light. They are also available in a wide range of colors, making it possible to create any type of lighting design you can imagine.
Solar-powered landscape lighting is another eco-friendly option that is becoming increasingly popular. These lights use solar panels to convert sunlight into electrical energy, which is then used to power the lights. Solar lights are easy to install and require no wiring, making them a great option for do-it-yourselfers.
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Key Trends
In recent years, there have been several key trends in outdoor landscape lighting technology. One of the most important has been the development of LEDs (light-emitting diodes). LEDs are now the most popular type of light bulb for outdoor landscape lighting because they are more energy-efficient and have a longer lifespan than traditional incandescent bulbs.
Another key trend has been the development of solar-powered landscape lighting. Solar-powered lights are becoming increasingly popular because they are environmentally friendly and cost-effective.
Another important trend in outdoor landscape lighting technology is the development of wireless systems. Wireless systems are becoming more popular because they are easier to install and maintain than wired systems.
Finally, another key trend is the development of smart landscape lighting systems. Smart systems are able to automatically adjust the intensity and duration of light based on the time of day and the season.
Key Drivers
Some of the key drivers of the outdoor landscape lighting market are the need for better lighting solutions, the increasing demand for energy-efficient lighting, the advancement of lighting technology, and the growing trend of smart lighting.
The need for better lighting solutions is driven by the increasing awareness of the importance of lighting in the built environment. The right lighting can improve the safety, security, and aesthetics of a space, and landscape lighting is no exception. As more people are spending time outdoors, they are increasingly aware of the need for better lighting solutions that can improve their outdoor experience.
The increasing demand for energy-efficient lighting is driven by the need to save energy and money. Energy-efficient lighting uses less energy and lasts longer, which can save money on energy bills. The advancement of lighting technology has led to the development of new energy-efficient lighting solutions that are more affordable and easier to install.
Market Segments
By Installation Type:
- New
- Retrofit
By Wattage Type:
- Less than 50W
- Between 50W and 150W
- More than 150W
Key Players
- Philips Lighting
- Acuity Brands
- Hubbell Lighting
- Cooper Lighting
- Eaton
- Legrand
- Kim Lighting
- Holophane
- H.E. Williams
- Carmanah Technologies
- Musco Lighting
- Valley Lighting
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Reasons to buy Outdoor Landscape Lighting Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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