The lighting sources that are incorporated outdoor are known as outdoor lighting market. These are the lights on the bridges, gardens, streets, parks, tunnels and stadiums highways, bridges, parking lots,. These lights are further classified as the type of lights such as High-Intensity Discharge Lamps (HID), Light-Emitting Diode Lamps (LED) and plasma lamps. These are the products used for the conservation of energy, developing efficiency and saving huge energy cost thereby driving the growth of the outdoor lighting market globally.

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Growth Drivers
Increase in acceptance of energy-efficient and economical products, increasing awareness of conservation of energy and introduction of lighting technology such as LEDs and HIDs that allow heavy energy conservation and provide much more efficiency and effectiveness are the key factors driving the growth of outdoor lighting market across the globe. LED lights offer several advantages over incandescent, fluorescent, and even high-pressure sodium lights, such as higher efficiency, lower maintenance costs and intelligent control. These lights thus lead to savings, in terms of both energy and operational costs.

With the increasing awareness, the government is also promoting the implementation of outdoor lighting solutions in public places. Furthermore, developing lighting infrastructure using LEDs for efficient and effective lighting, growing government initiatives toward energy conservation are key factors driving the growth of the outdoor lighting market worldwide.

Geographic Overview
Moreover, Asia-Pacific is anticipated to witness the fastest growth during the forecast period since this region is witnessing various infrastructural developments such as road construction. Furthermore, upcoming development projects, flourishing construction industry in developing countries such as China, India, and Indonesia is expected to create massive demand for LED lighting for both residential as well as outdoor application.

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Competitive Insight
Key players in global outdoor lighting market are investing in improving the quality of these lights and developing the latest technologies that are strengthening their position in the market. However, it has been observed that local players are depending upon new technology to develop cost efficiencies and helps in saving energy resources. The prominent players in the global outdoor lighting market include Philips Lighting Holdings, General Energy Connections, Osram Licht, Hubbell Incorporated, Cree Inc, Eaton Corporation, Syska LED, Virtual Extension, Dialight Plc, and Zumtobel Group AG.

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