Global outdoor lighting market attained a valuation of $10.7 billion

The global outdoor lighting market attained a valuation of $10.7 billion in 2019. Furthermore, the market is predicted to exhibit a CAGR of 7.3% from 2020 to 2030 and generate a revenue of $23.8 billion by 2030.

LED lights, plasma lights, fluorescent lights, and high-intensity discharge (HID) lights are the major types of devices used for outdoor lighting purposes. Amongst these, the utilization of the LED outdoor lighting systems was the highest in the past.

LED lights, plasma lights, fluorescent lights, and high-intensity discharge (HID) lights are the major types of devices used for outdoor lighting purposes. Amongst these, the utilization of the LED outdoor lighting systems was the highest in the past.