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Outdoor Lighting Market Supply Chain Analysis and Forecast 2024-2031

09-19-2024 07:14 AM CET | IT, New Media & Software

Press release from: SkyQuest Technology

Outdoor Lighting Market

Outdoor Lighting Market

The Outdoor Lighting Market is a rapidly evolving sector, driven by advancements in hardware, software, and digital infrastructure. It encompasses a wide range of services, including cloud computing, cybersecurity, data analytics, and artificial intelligence. The increasing demand for digital transformation across industries is fueling growth. Emerging technologies like 5G, blockchain, and IoT are further expanding its potential. With continuous innovation, the IT market is expected to see robust growth in the coming years, particularly in areas of automation and remote work solutions.

Market Size and Growth:

Global Outdoor Lighting Market size was valued at USD 15.40 Billion in 2022 and is expected to grow from USD 16.29 Billion in 2023 to USD 25.58 Billion by 2031, at a CAGR of 5.80% during the forecast period (2024-2031).

Download a detailed overview: https://www.skyquestt.com/sample-request/outdoor-lighting-market

Key Market Players:

Philips Lighting (Netherlands)
Osram Licht AG (Germany)
Cree, Inc. (US)
Eaton Corporation (Ireland)
Acuity Brands Lighting, Inc. (US)
General Electric Company (US)
Zumtobel Group AG (Austria)
Hubbell, Inc. (US)
Thorn Lighting (UK)
Havells India Limited (India)
Iwasaki Electric Co., Ltd. (Japan)
Stanley Electric Co. Ltd. (Japan)
Dialight plc (US)
Acuity Brands Inc. (US)
Vonn, LLC. (US)
Masco Corporation (US)
SMART Global Holdings, Inc. (US)
ENDO Lighting Corporation (Japan)
Samsung Electronics Co. Ltd (South Korea)
ams-OSRAM AG (Austria)
Syska Led Lights Private Limited (India)
Trade Gear Ltd. (UK)Outdoor Lighting Market Outdoor Lighting Market
In December 2022, Acuity Brands' subsidiary that offers lighting and building management solutions entered into a technology transition agreement with Dhyan Networks and Technologies, a provider of central management system software and solutions. The StreetMan for managing smart streetlights, LightMan for managing smart area lights like those installed in campuses, parking lots, buildings, and warehouses, and CitiMan for managing smart city IoT assets make up the Dhyan family of central management software for the IoT market.


Regional Segmentation:

North America: U.S., Canada and Mexico
Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe
Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific
South America: Brazil, Argentina, and Rest of Latin America
Middle East & Africa: GCC Countries, South Africa, and Rest of Middle East & Africa

To establish the important thing traits, Ask Our Experts @: https://www.skyquestt.com/speak-with-analyst/outdoor-lighting-market

Segments covered in Outdoor Lighting Market are as follows:

Source Type
LED Lights, Plasma Lamps, High-Intensity Discharge Lamps, and Fluorescent Lights
Application
Residential, Commercial
Distribution Channel
Offline, Online


Outdoor Lighting Market Size And Scope

The Outdoor Lighting market has experienced notable growth in recent years, propelled by the rising demand for power electronics across various sectors, including automotive, telecommunications, and renewable energy. This market is poised for further expansion as the global adoption of electric vehicles and renewable energy sources accelerates. Outdoor Lighting are highly valued for their exceptional thermal conductivity, electrical insulation, and mechanical strength, making them indispensable in power modules and electronic components. With ongoing advancements in technology and manufacturing, the applications of Outdoor Lighting are expected to broaden, extending their reach into an even wider array of uses in the near future.

Get Complete Report Outdoor Lighting market 2024 for Better Understanding @: https://www.skyquestt.com/report/outdoor-lighting-market

FAQs: -

1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
2. Who are the major manufacturers who dominate the world market?
3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?
4. What are the market's risks and opportunities?

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:

Mr. Jagraj Singh
Skyquest Technology
1 Apache Way, Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Visit Our Website: https://www.skyquestt.com/

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