Outdoor Landscape Lighting Market Is Driven by Need for Better Lighting Solutions, The Increasing Demand for Energy-Efficient Lighting, The Advancement of Lighting Technology | Global Insight Services

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.

Covid 19 Impact

The COVID-19 pandemic has impacted the outdoor landscape lighting industry in a number of ways. First and foremost, the pandemic has resulted in a decrease in demand for outdoor landscape lighting products as consumers have cut back on spending. This has led to a decrease in revenue for many companies in the industry. In addition, the pandemic has also resulted in supply chain disruptions, as many manufacturers are based in China and have been impacted by the outbreak there. This has led to a shortage of some outdoor landscape lighting products, and has driven up prices for those that are available.

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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.

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. The growing trend of smart lighting is driven by the need for more convenient and controllable lighting. Smart lighting can be controlled remotely, allowing users to turn lights on and off, dim lights, and change light colors. This convenience and control can improve the user experience and save energy.

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Restraints & Challenges

The outdoor landscape lighting market is growing rapidly due to the increasing demand for energy-efficient and aesthetically-pleasing lighting solutions. However, the market faces several challenges that need to be addressed in order to sustain its growth.

One of the key challenges is the high cost of LED products. Although LED lighting is more energy-efficient and has a longer lifespan than traditional lighting solutions, it is still more expensive to purchase and install. This makes it difficult for consumers to justify the investment, especially when they are used to cheaper alternatives.

Market Segments

- By Installation Type:
New
Retrofit

- By Wattage Type:
Less than 50W
Between 50W and 150W
More than 150W

- By End-use Application:
Highways & Roadways
Architectural
Public Places

- By Component:
Fixture
Control

- By Distribution Channel:
Online
Retail
Supermarkets

Key Players:

- Philips Lighting
- Acuity Brands
- Hubbell Lighting
- Cooper Lighting
- Eaton
- Legrand
- Kim Lighting
- Holophane
- H.E. Williams
- Carmanah Technologies

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