Outdoor Solar LED

Global Outdoor Solar LED Market to Reach US$37.8 Billion by 2030

The global market for Outdoor Solar LED estimated at US$9.5 Billion in the year 2024, is expected to reach US$37.8 Billion by 2030, growing at a CAGR of 25.8% over the analysis period 2024-2030. Below 39W Solar LEDs, one of the segments analyzed in the report, is expected to record a 28.3% CAGR and reach US$24.3 Billion by the end of the analysis period. Growth in the 40W to 149W Solar LEDs segment is estimated at 21.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.6 Billion While China is Forecast to Grow at 34.4% CAGR

The Outdoor Solar LED market in the U.S. is estimated at US$2.6 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.4 Billion by the year 2030 trailing a CAGR of 34.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 20.5% and 23.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 21.8% CAGR.

Global Outdoor Solar LED Market – Key Trends & Drivers Summarized

Why Is the Outdoor Solar LED Market Expanding Rapidly?

The outdoor solar LED market is experiencing exponential growth due to the increasing global focus on energy efficiency, sustainability, and smart city development. Governments and municipalities are investing heavily in solar-powered streetlights and public infrastructure to reduce carbon emissions and lower electricity costs. Additionally, advancements in photovoltaic (PV) technology and energy storage solutions are making solar LED lighting more reliable and cost-effective.

The shift toward off-grid lighting solutions in rural and remote areas is another significant growth driver. Solar LED systems offer a sustainable alternative to traditional grid-dependent lighting, providing illumination for roads, parks, and residential spaces in areas with limited electricity access. With declining solar panel and battery costs, the affordability of solar LED solutions is improving, further driving market adoption.

How Are Technological Innovations Enhancing Solar LED Performance?

Advancements in LED efficiency, battery storage, and smart lighting controls are revolutionizing the outdoor solar LED market. Next-generation solar LEDs are equipped with high-lumen output diodes, improving brightness while consuming less energy. Additionally, lithium-ion and lithium-iron phosphate (LiFePO4) batteries are extending the lifespan and reliability of solar lighting systems.

Smart solar LED solutions with motion sensors, remote monitoring, and adaptive dimming capabilities are also gaining popularity. These systems optimize energy use by adjusting brightness levels based on real-time environmental conditions. Integration with IoT platforms is further enabling predictive maintenance and energy optimization, making solar LEDs more intelligent and cost-efficient.

Is the Demand for Sustainable and Aesthetic Outdoor Lighting Reshaping Market Trends?

Sustainability and aesthetic design are becoming key considerations in the outdoor solar LED market. Consumers and businesses are seeking eco-friendly lighting solutions that blend seamlessly with urban landscapes, residential gardens, and commercial spaces. Decorative solar LED fixtures, including pathway lights, bollard lights, and solar-powered string lights, are gaining traction among homeowners and landscape designers.

Additionally, corporate and commercial establishments are integrating solar LED solutions into their sustainability initiatives, reducing their carbon footprint while improving outdoor illumination. The hospitality sector, including resorts and theme parks, is increasingly adopting solar LED lighting to enhance energy efficiency while maintaining visually appealing outdoor environments.

What’s Driving the Growth of the Outdoor Solar LED Market?

The growth in the outdoor solar LED market is driven by several factors, including rising environmental regulations, declining solar technology costs, and increasing investments in smart city infrastructure. Government initiatives promoting renewable energy adoption and off-grid electrification are further accelerating market expansion.

Additionally, the demand for intelligent, motion-sensing, and aesthetically designed solar lighting solutions is shaping industry trends. As technology continues to improve and integration with IoT and energy storage solutions expands, the outdoor solar LED market is poised for sustained growth in the years ahead.

SCOPE OF STUDY:

The report analyzes the Outdoor Solar LED market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Wattage (Below 39W Solar LEDs, 40W to 149W Solar LEDs, Above 150W Solar LEDs); Application (Street Lights Application, Garden Lights Application, Floodlights Application, Area Lights Application, Spot Lights Application); End-Use (Commercial End-Use, Residential End-Use, Industrial End-Use)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 48 Featured) -

• AGS Stainless
• Alltop Lighting
• Bell & Howell
• BioLite
• Brightech
• ExcMark
• Fagerhult Group
• Fonroche Lighting
• Lights4fun
• LuminAID
• Lutec Lighting
• MPOWERD
• Ningbo Better Lighting
• Ningbo Landsign Electric Appliance
• Solar Electric Power Company (SEPCO)
• Solight Design
• Steinel
• Tuffenough
• Urago
• VOLT® Lighting

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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