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.
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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.
Top Key Players in Outdoor Landscape Lighting market: Philips Lighting, Acuity Brands, Hubbell Lighting, Cooper Lighting, Eaton, Legrand, Kim Lighting
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.
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.
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Market Segments
By Installation Type:
New
Retrofit
Reasons to buy Outdoor Landscape Lighting 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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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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