Market Overview
| Study Period | 2019 - 2030 |
|---|---|
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 5.40 Billion |
| Market Size (2030) | USD 7.23 Billion |
| Growth Rate (2025 - 2030) | 6.00% CAGR |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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North America Outdoor LED Lighting Market Analysis by Mordor Intelligence
The North America outdoor LED lighting market size stands at USD 5.40 billion in 2025 and is forecast to reach USD 7.23 billion by 2030, reflecting a 6.0% CAGR across the period. Retrofit economics, smart-city investments, and performance contracting jointly accelerate the transition from high-intensity discharge systems to energy-efficient luminaires. Municipalities capture 50–70% energy savings on completed conversions, while federal infrastructure outlays and utility rebates compress payback periods to 3–5 years.[1]U.S. Department of Transportation, "Infrastructure Investment and Jobs Act – EV Charging Infrastructure," U.S. DOT, transportation.gov Consolidation among vendors is intensifying as Acuity Brands, Kichler, and Progress Lighting seek scale and integrated controls capabilities to defend margins.[2]Acuity Brands Inc., "QSC Acquisition Announcement," Acuity Brands, acuitybrands.comSupply-chain volatility for gallium and indium remains a near-term cost headwind, yet secondary replacement of 5.8 billion first-generation LEDs reaching end-of-life in 2024 creates a sizeable pull-through opportunity. Mexico's rapid urbanization and elevated electricity tariffs position the country as the fastest-growing geography, while LiDAR-ready and Li-Fi-enabled luminaires broaden the market's addressable scope beyond illumination.
Key Report Takeaways
- By product type, luminaires led with a 69.1% revenue share in 2024; lamps recorded a 5.4% CAGR through 2030.
- By installation, new builds represented 54.7% of the North America outdoor LED lighting market share in 2024, while retrofit projects advance at a 5.7% CAGR in 2030.
- By application, street and roadway lighting held 43.3% of the North America outdoor LED lighting market size in 2024, and sports and stadium venues are growing at a 4.5% CAGR in 2030.
- By distribution, direct sales accounted for a 62.5% share in 2024, with e-commerce rising at a 3.4% CAGR in 2030.
- By country, the United States captured a 43.9% share in 2024, whereas Mexico expanded at a 7.7% CAGR in 2030.
North America Outdoor LED Lighting Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| LED price erosion accelerates adoption | +1.2% | North America-wide, strongest in U.S. municipalities | Short term (≤ 2 years) |
| Energy-efficiency mandates and rebate programs | +1.5% | U.S. and Canada | Medium term (2-4 years) |
| Smart-city projects across U.S. municipalities | +0.8% | Major metropolitan areas | Medium term (2-4 years) |
| Declining maintenance budgets at DOTs | +0.9% | U.S. and Canada DOT jurisdictions | Long term (≥ 4 years) |
| Surge in outdoor e-commerce fulfillment hubs | +0.4% | U.S. logistics corridors, Canadian distribution centers | Short term (≤ 2 years) |
| Growing adoption of LiDAR-ready luminaires | +0.2% | U.S. pilots, select Canadian municipalities | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
LED Price Erosion Accelerates Adoption
Aggressive cost declines of 15–20% a year in LED chips are dismantling residual barriers to municipal conversion, shrinking retrofit payback periods to 3–5 years and expanding purchasing power for features such as wireless dimming and edge computing. The pricing trend synchronizes with a secondary replacement cycle, as 5.8 billion first-wave LED units reach end-of-life and present a shorter procurement horizon than original projects. Manufacturers parlay economies of scale into integrated sensor suites that arrive only marginally pricier than legacy fixtures, reinforcing adoption curves. Municipalities with constrained budgets leverage volume-based discounts to accelerate entire grid upgrades, cementing LED leadership. The supply dynamic also fosters competitive entry at lower price points, pressuring incumbents to differentiate via controls and service layers.
Energy-Efficiency Mandates and Rebate Programs
State and federal policies elevate LED adoption from discretionary spending to compliance necessity, exemplified by California’s Title 24 and New York’s Climate Leadership Act, which prescribe timelines for phasing out inefficient lamps. Utility incentives now pivot toward performance-based structures rewarding verifiable kilowatt-hour reductions, sharpening focus on high-efficacy luminaires. The USD 7.5 billion earmarked for EV charging stations in the Infrastructure Investment and Jobs Act indirectly boosts demand for outdoor lighting at these facilities. Energy service companies assume performance risk under guaranteed-savings contracts, letting municipalities redirect freed budgets toward other infrastructure. Typical conversions cut energy use by 50–70% against HID baselines, anchoring LED economics even under volatile power prices.
Smart-City Projects Across U.S. Municipalities
Urban modernization agendas reposition LED poles as multifunctional nodes carrying environmental sensors, traffic cameras, and 5G small cells. Los Angeles’s 140,000 connected streetlights monetize data throughput and tenant fees, supplementing energy savings with recurring revenue streams. Cities such as Phoenix pilot V2X-enabled luminaires to facilitate autonomous vehicle corridors, demonstrating how lighting grids evolve into critical digital infrastructure.[3]City of Phoenix, “Smart City Initiative – LED Street Lighting Program,” Phoenix.gov, phoenix.govTelecommunications partnerships provide lease payments that subsidize fixture upgrades, compressing municipal payback periods. Yet interoperability hurdles and cybersecurity concerns temper project tempo, encouraging vendor-neutral standards and open APIs.
Declining Maintenance Budgets at DOTs
Shrinking allocations for state and local transportation departments amplify LED value propositions, as solid-state fixtures demand 80% fewer truck rolls than HID systems.[4]National Association of Counties, “Municipal LED Lighting Best Practices Guide,” NACO, naco.org Workforce shortages elevate downtime risks for legacy ballasts, nudging agencies toward long-life LEDs that align with 15-year capital cycles. Remote monitoring allows predictive maintenance, optimizing labor deployment and mitigating service disruptions. Performance contracts shift upkeep responsibilities to vendors, converting variable maintenance costs into fixed fees and enhancing budget certainty. These dynamics collectively reinforce long-term LED penetration across jurisdictional roadways.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| High Initial Retrofit CAPEX for Legacy HID Replacement | -0.8% | North America-wide, acute in smaller municipalities | Short term (≤ 2 years) |
| Supply-Chain Exposure to Gallium and Indium Price Spikes | -0.6% | Global supply chain impact, affecting all North American markets | Medium term (2-4 years) |
| Skills Gap in Connected-Lighting Commissioning | -0.3% | US and Canada, rural areas most affected | Medium term (2-4 years) |
| Community Pushback on Light Pollution and Circadian Impact | -0.4% | Suburban and rural communities across North America | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
High Initial Retrofit CAPEX for Legacy HID Replacement
Comprehensive street-light upgrades often command USD 300–500 per fixture, translating into multi-million-dollar bills that outstrip smaller municipalities’ bonding capacity. Hidden costs such as pole replacement and electrical remediation can inflate budgets by 25–40%, jeopardizing project viability. Ten- to fifteen-year performance contracts ease capital burden, yet their length can surpass electoral cycles and invite political hesitation. Limited technical expertise undermines bid evaluation, occasionally yielding unfavorable financing terms. These factors collectively prolong decision timelines and dampen short-term adoption.
Community Pushback on Light Pollution and Circadian Impact
Public health studies linking blue-rich LEDs to circadian disruption embolden advocacy groups pressuring municipalities for warmer color temperatures and adaptive dimming. Dark-sky ordinances in places like Flagstaff stipulate 3,000 K thresholds, constraining fixture selection and elevating controls complexity. Legal challenges citing environmental impact assessments introduce delays and compliance costs, particularly in environmentally sensitive zones. Though tunable-white technology can reconcile behavioral and ecological concerns, it necessitates sophisticated commissioning that many cities lack. Resistance thus erects procedural and cost hurdles that moderate deployment velocity.
Segment Analysis
By Product Type: Luminaires Extend Ecosystem Control
The luminaires and fixtures category dominated the North America outdoor LED lighting market with a 69.1% share in 2024, underscoring municipal preference for turnkey systems that consolidate optics, drivers, and controls under unified warranties. This dominance is reinforced by smart-city demands for sensor integration and edge analytics, capabilities easier to embed in full fixtures than in lamp-only swaps. Manufacturers such as Dialight now package battery-backup modules and emergency signaling into standard housings to meet resilience mandates. The lamps segment, although smaller, records a 5.4% CAGR through 2030 by serving cost-sensitive retrofits and secondary replacements, where existing housing integrity allows simple lamp swaps. The North America outdoor LED lighting market size for lamps gains further upside from modular engines that elevate legacy efficacy by 30–40% without altering poles.
In the medium term, luminaires will increasingly feature field-replaceable light engines to harmonize upgrade cycles with digital service refreshes, extending asset life while protecting installed bases. Vendors differentiate on optical design, thermal management, and firmware sophistication. Ecosystem control through proprietary platforms could introduce lock-in risk, prompting municipalities to favor open-architecture solutions. Lamp suppliers respond with smart-cap-ready bulbs and Bluetooth mesh capability to match fixture functionality. Price gaps between lamp and luminaire offerings will narrow, yet the latter’s auxiliary revenue from data services is set to sustain its leadership within the North America outdoor LED lighting market.
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By Application: Street Lighting Leads While Sports Venues Surge
Street and roadway lighting preserved a 43.3% revenue lead in 2024 owing to its vast installed base and public-safety mandate. LED conversion here delivers the highest aggregate energy savings, making it a flagship for municipal sustainability agendas. Meanwhile, sports and stadium venues exhibit a 4.5% CAGR as operators recalibrate for broadcast-grade color rendering and instant on-off capabilities that slash event-day utility costs by roughly 31% at Michigan State. Architectural and landscape lighting benefits from RGBW flexibility that animates civic icons and tourist districts, while tunnel and bridge projects leverage LEDs to cut maintenance in hard-to-access environments.
Emerging applications such as EV charging station illumination and autonomous-vehicle corridors amplify the North America outdoor LED lighting market share over the forecast horizon. These settings demand high uniformity, adaptive controls, and in some cases, Li-Fi data transmission. Synergies between lighting, surveillance, and air-quality monitoring will reinforce procurement around multi-function poles, broadening vendors’ service revenue beyond lumens sold.
By Installation Type: Retrofits Capture Accelerating ROI
New installations retained a 54.7% share in 2024, anchored by greenfield infrastructure and commercial real estate projects. Nonetheless, retrofit projects stride ahead at a 5.7% CAGR, driven by shorter payback and lower permitting hurdles. Street-light overbuilds in Philadelphia display the scalability of retrofits, covering more than 100,000 poles while securing guaranteed savings contracts. The North America outdoor LED lighting market size, attributable to retrofits, sees incremental volume from plug-and-play kits that limit disruption, appealing to municipalities coping with thin technical staff. Data-driven energy-performance baselines simplify financing, elevating conversion rates.
The retrofit boom also surfaces latent infrastructure issues such as corroded poles and outdated wiring, sometimes expanding scope and costs. Vendors mitigate overruns through bundled services and predictive inspection using LiDAR mapping. While new-builds will continue in suburban sprawl and logistics hubs, retrofit momentum is expected to eclipse greenfield demand as mature markets cycle through secondary upgrades. Technology convergence with EV charging and telecom assets further enhances the retrofit business case, embedding multiple revenue streams within existing footprints.
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By Distribution Channel: Direct Engagement Retains Primacy
Direct sales amassed a 62.5% share in 2024 as municipalities and large enterprises leaned on manufacturer expertise for design, commissioning, and after-sales support. The consultative nature of smart-city deployments, including network architecture and cybersecurity, cements direct channels as the anchor for complex deals. E-commerce, advancing at a 3.4% CAGR, taps smaller contractors and facility managers comfortable with standardized SKUs and online configurators. Wholesale networks maintain relevance by stocking region-specific variants and offering same-day pickup, especially for unplanned maintenance.
Digital self-service tools converge with augmented-reality visualization to shorten specification cycles, but sophisticated integrations still favor direct engagement. Price transparency on marketplaces pressures wholesalers to layer value-added services such as pre-assembly and on-site training. Retail remains niche, catering to residential estates and small businesses. As connected lighting proliferates, subscription-based software licensing may emerge as an ancillary channel, altering revenue recognition and intensifying manufacturer-end-user relationships within the North America outdoor LED lighting market.
Geography Analysis
The United States controlled 43.9% of the North America outdoor LED lighting market in 2024, propelled by extensive municipal inventories and a robust secondary replacement cycle. Los Angeles’ 140,000-unit connected network typifies how citywide conversions evolve into data monetization platforms, offsetting capital outlays through tenant fees and analytics services. Federal investments linked to EV-charging corridors further stimulate lighting demand at supporting facilities, weaving LED procurement into national electrification policy. Light-pollution activism, however, compels cities to adopt warmer CCTs and adaptive dimming, potentially elongating evaluation phases.
Canada exhibits steady yet deliberate uptake, shaped by provincial rebate schemes in Ontario and British Columbia that incentivize high-efficacy products. Severe winters necessitate temperature-resilient drivers and optics, nudging product design toward ruggedization. Municipalities often prefer performance contracting to cushion budget constraints and transfer maintenance risk, extending project gestation but heightening certainty once approved. Remote communities face technician shortages, spurring interest in plug-and-play retrofits that minimize on-site labor.
Mexico emerges as the growth pacesetter at a 7.7% CAGR through 2030, catalyzed by urbanization and the government’s national street-light modernization embedded within its electric expansion plan. Elevated electricity tariffs magnify LED payback advantages, accelerating municipal endorsements despite tighter budgets. USMCA provisions streamline cross-border component flows, enabling U.S. manufacturers to localize assembly and lower landed costs. Implementation hurdles persist in smaller municipalities hampered by credit access, prompting phased deployments and vendor-financed contracts. Climate variance across the Yucatán Peninsula and northern highlands influences housing material choices, necessitating region-specific thermal solutions.
Collectively, these geographic nuances dictate differentiated go-to-market approaches, yet converging smart-city ambitions and replacement waves unify the region’s demand trajectory within the North America outdoor LED lighting market.
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Competitive Landscape
North America’s outdoor LED segment shows moderate fragmentation but quickening consolidation, illustrated by Acuity Brands’ USD 1.2 billion QSC acquisition and the USD 256 million Kichler-Progress merger that extend solution breadth in audio-visual integration and decorative fixtures, respectively. Top players defend share through vertical integration, controlling chip design, optics, and connected-platform software. Patent portfolios in thermal management and phosphor conversion preserve technology moats, forcing entrants toward price-focused niches or software-centric service plays.
LiDAR-ready luminaires and Li-Fi communication open white-space for specialized vendors adept at telecom-lighting convergence. Agile disruptors emphasize software-defined lighting, offering remote upgrades and API-based monetization, threatening hardware-centric incumbents. Secondary replacement cycles create a fertile battleground for upgrade kits that elevate efficacy without pole removal, favoring nimble suppliers. Certification hurdles under Energy Star and DesignLights Consortium maintain entry barriers, but also legitimize qualified competitors once passed.
Supply-chain pressures for rare-earth elements test inventory management, while currency fluctuations influence sourcing strategies across the US-Mexico-Canada corridor. Market leaders hedge volatility via multi-regional production and long-term materials contracts. Overall, the competitive rhythm balances M&A scale plays with niche innovation, reinforcing a marketplace where service differentiation increasingly outweighs raw wattage.
North America Outdoor LED Lighting Industry Leaders
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Signify N.V.
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Acuity Brands, Inc.
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Eaton Corporation plc
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Hubbell Incorporated
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Zumtobel Group AG
- *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments
- June 2025: Dialight launched the Battery Backup ProSite LED Floodlight, bundling emergency power with standard illumination to enhance critical-infrastructure resilience.
- January 2025: Feit Electric and LIFX debuted expanded smart-lighting lines at CES 2025 featuring broader platform interoperability.
- December 2024: Acuity Brands closed its USD 1.2 billion QSC acquisition, merging audio-visual and lighting controls.
- November 2024: Kichler and Progress Lighting completed a USD 256 million merger, broadening distribution reach for decorative outdoor fixtures.
North America Outdoor LED Lighting Market Report Scope
Public Places, Streets and Roadways, Others are covered as segments by Outdoor Lighting. United States are covered as segments by Country.
By Product type
| Lamps |
| Luminaires / Fixtures |
By Application
| Street and Roadway Lighting |
| Architectural and Landscape |
| Sports and Stadium |
| Tunnel and Bridge |
| Parking and Transit Areas |
| Other Applications |
By Installation type
| New Installation |
| Retrofit Installation |
By Distribution Channel
| Direct Sales |
| Wholesale |
| Retail |
| E-commerce |
By Country
| United States |
| Canada |
| Mexico |
| By Product type | Lamps |
| Luminaires / Fixtures | |
| By Application | Street and Roadway Lighting |
| Architectural and Landscape | |
| Sports and Stadium | |
| Tunnel and Bridge | |
| Parking and Transit Areas | |
| Other Applications | |
| By Installation type | New Installation |
| Retrofit Installation | |
| By Distribution Channel | Direct Sales |
| Wholesale | |
| Retail | |
| E-commerce | |
| By Country | United States |
| Canada | |
| Mexico |
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Market Definition
- INDOOR LIGHTING - It incorporates all LED based lamps and fixtures/luminaire that are used to illuminate indoor section of residential, commercial, industrial buildings and agricultural lighting. LED offers efficient brightness with higher durability in comparison to other lighting technology.
- OUTDOOR LIGHTING - It incorporates the LED lighting fixtures that is used for illumination for exterior/outdoor illumination. For instance, LED lighting fixtures used to illuminate streets and highways, transport hubs, stadiums and other public places such as parking spaces.
- AUTOMOTIVE LIGHTING - It refers to the lighting fixtures installed for illumination and signaling purposes. It is used in both exterior and interior lighting of the vehicle. Headlamps, fog lamp, daytime running light (DRLs) are examples of exterior light whereas cabin light are interior lights.
- END USER - It refers to the end use application area where the LED fixture will be installed. For instance, in terms of indoor lighting, we have residential, commercial and industrial as end user category. For automotive lighting, primary end user considered are automotive manufacturers and aftermarket sale
| Keyword | Definition |
|---|---|
| Lumen | Lumen is a unit of luminous flux in the International System of Units that is equal to the amount of light given out through a solid angle by a source of one-candela intensity radiating equally in all directions. |
| Footcandle | A foot-candle (or foot-candle, fc, lm/ft2, or ft-c) is a measurement of light intensity. One foot-candle is defined as enough light to saturate a one-foot square with one lumen of light. |
| Colour Rendering Index (CRI) | Color Rendering Index (CRI) is a measurement of how natural colors render under an artificial white light source when compared with sunlight. The index is measured from 0-100, with a perfect 100 indicating that colors of objects under the light source appear the same as they would under natural sunlight. |
| Luminous flux | Luminous flux is a measure of the power of visible light produced by a light source or light fitting. It is measured in lumens (lm). |
| Annual Energy Cost | Annual Energy Cost means the average daily energy consumption multiplied by 365 (days per year), expressed in kilowatt hour per year (kWh/a). |
| Constant voltage drivers | Constant voltage drivers are designed for a single direct current (DC) output voltage. Most common constant voltage drivers (or Power Supplies) are 12VDC or 24VDC. An LED light that is rated for constant voltage usually specifies the amount of input voltage it needs to operate correctly. |
| Constant Current Driver | Constant current LED drivers are designed for a designated range of output voltages and a fixed output current (mA). LEDs that are rated to operate on a constant current driver require a designated supply of current usually specified in milliamps (mA) or amps (A). These drivers vary the voltage along an electronic circuit which allows current to remain constant throughout the LED system. |
| Minimum Energy Performance Standards (MEPS) | Minimum Energy Performance Standards specify the minimum level of energy performance that appliances and equipment must meet or exceed before they can supply or used for commercial purposes. |
| Luminous Efficacy | Luminous efficacy is a measurement commonly used in the lighting industry that indicates the ability of a light source to emit visible light using a given amount of power. |
| Solid State Lighting | Solid-state lighting (SSL) is a type of lighting that uses semiconductor light-emitting diodes (LEDs), organic light-emitting diodes (OLED), or polymer light-emitting diodes (PLED) as sources of illumination rather than electrical filaments, plasma (used in arc lamps such as fluorescent lamps), or gas. |
| Rated Lamp Life | Lamp life, also referred to as rated life, is the time in hours a lamp will last before a percentage of lamps will burn out. |
| Color Temperature | Colour temperature is a scale that measures how ‘warm’ (yellow) or ‘cool’ (blue) the light from a particular source is. It is measured in degrees of the Kelvin scale (abbreviated to K), and the higher the number, the ‘cooler’ the light. The lower the ‘K’ number, the ‘warmer’ the light. |
| Ingress Protection rating (IP rating) | The IP (Ingress Protection) rating of a bulb or light fixture declares the level of protection it has against dirt and water. |
| Fidelity Index | The general colour fidelity index, Rf, represents how closely the colour appearances of the entire sample set are reproduced (rendered) on average by a test light as compared to those under a reference illuminant. |
| Gamut Index | The gamut area is defined as “the area enclosed by a set of test color samples illuminated by a light source, in a two-dimensional chromaticity diagram or a plane of color space.”1 Within a defined color space, a “gamut” describes the subset of colors that can be perceived under specific lighting conditions. |
| Binning | In the lighting industry, the act of "binning" of LEDs is the process of sorting LEDs by certain characteristics, such as color, voltage, and brightness. |
| Accent lighting | Accent lighting, also called highlighting, emphasizes objects by focusing light directly on them. Accent lighting is used inside and outside the home to feature locations such as an entrance or to create dramatic effects. |
| Dimmable driver | A dimming driver has two functions: As a driver, it converts the 230V AC mains input to a low voltage DC output. As a dimmer, it reduces the amount of electrical energy flowing to the LEDs, thereby causing them to dim. |
| Flicker | Flicker is the repeated and frequent variation in the output of a light source over time. |
| Fluorescent | A property of materials defined as the ability to emit light after absorbing electromagnetic radiation such as visible or UV light. |
| Candela | The candela is the unit of luminous intensity in the International System of Units. It measures the light output per unit solid angle emitted from a light source in a specific direction. |
| LUX | Lux is used to measure the amount of light output in a given area - one lux is equal to one lumen per square meter. It enables us to measure the total "amount" of visible light present and the intensity of the illumination on a surface. |
| Uniformity (U0) | The uniformity of lighting has significant effects on visual performance in both indoor and outdoor areas. Uniformity (represented as U0) value can be found by dividing the minimum brightness (Emin) resulting from calculations according to the current lighting order, to the average brightness value (Eavg). |
| Visible Light Spectrum | The visible light spectrum is the segment of the electromagnetic spectrum that the human eye can view. More simply, this range of wavelengths is called visible light. Typically, the human eye can detect wavelengths from 380 to 700 nanometers. |
| Ambient Temperature | Ambient Temperature is the temperature of the air surrounding an electrical enclosure. |
| Current-controlled dimming control | Current-controlled dimming controls LED brightness by varying the applied current using a 0-10V dimmer. Current-controlled dimming is smooth and HD-video friendly. It can only dim to a minimum of 5% of light output. |
| Design Light Consortium | It is a partnership of energy efficiency stakeholders in the United States and Canada to “promote quality, performance and energy efficient lighting solutions for the commercial sector”. |
| Pulse Width Modulation | Pulse-width modulation, or pulse-duration modulation, is a method of controlling the average power delivered by an electrical signal. |
| Surface Mounted Device | A surface mount device (SMD) is an electronic device whose components are mounted or placed directly on the surface of a printed circuit board. |
| Alternating Current | Alternating current is an electric current which periodically reverses direction and changes its magnitude continuously with time, in contrast to direct current, which flows only in one direction. |
| Direct Current | Direct current (DC) is an electric current that is uni-directional, so the flow of charge is always in the same direction. |
| Beam Angle | Beam angle (also called beam spread) is a measure of how light is distributed. On any plane perpendicular to the centerline of the light, the beam angle is the angle between two rays where the light intensity is 50% of the maximum light intensity. |
| LED Based Solar High Mast Lighting Systems | A Solar LED High Mast Light is a raised source of High illumination lights (6~8 lights) and with high intensity on the middle of major junctions (Ring roads, Outer Ring roads), turned on or lit automatically in the absence of light (at specified timings or at periodic times, every night). |
| Surface Mounted Diode (SMD) LEDs | A surface mount diode is a type that emits light and is flat mounted and soldered onto a circuit board. |
| Chip on Board (COB) LEDs | A COB LED is basically multiple LED chips (usually 9 or more) glued directly onto a substrate by the manufacturer to form a single module. |
| Dual In-Line Package (DIP) LEDs | A dual in-line package (DIP or DIL) is an electronic component package with a rectangular case and two parallel rows of electrical connector pins. |
| Graphene LED Lights | A graphene LED light bulb is simply an LED light bulb where the filament has been coated in graphene. A graphene LED bulb is reported to be 10% more efficient than regular LED light bulbs and they are cheaper to manufacture and buy. |
| LED Corn Bulbs | LED Corn lights are designed as an energy efficient alternative to high intensity discharge (HID) and SON lamps. It uses a large number of LEDs on a metal structure to provide sufficient light. This arrangement of LEDs looks a lot like a corn cob, hence the name "corn light". |
| Per Capita Income | Per capita income or total income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size. |
| Charging Stations | A charging station, also known as a charging station or electric vehicle utility, is a power supply that provides electrical energy for charging plug-in electric vehicles. |
| Headlight | A headlight is a light that is mounted on the front of a car and illuminates the road in front of it. Low beam and high beam LED headlights are additional categories for these LED headlights. |
| Day Time Running Light (DRLs) | A daytime running lamp is a white, yellow, or amber lighting device mounted on the front of a road-going motor vehicle or bicycle. |
| Directional Signal Light | Directional signal lights are the front and rear lights on an automobile that flash to show the direction of a turn. |
| Stop Light | A red light that is mounted to the back of a car and turns on when the brakes are used to show that the car is stopped. |
| Reverse Light | The reverse light is at the back of the vehicle to indicate its backward motion. |
| Tail Light | A red light that can be seen in the dark is mounted on the rear of a road vehicle. Stop, reverse, and directional signal lights are all part of it. |
| Fog Light | Bright lights in automobiles used to increase visibility on the road in foggy conditions or to warn other drivers of the presence of the vehicle. |
| Passenger Vehicle | A passenger vehicle is a road vehicle, other than a moped or a motorcycle, intended for the transportation of people and designed for up to 8 to 9 seats. |
| Commercial Vehicle | A commercial vehicle (Bus, Truck, Van) is any type of motor vehicle used to transport goods or pay passengers. |
| Two Wheelers (2W) | A two-wheeler is a vehicle that runs on two wheels. |
| Streets & Roadways | Both roads and streets refer to hard, flat surfaces on the ground on which vehicles, people, and animals can travel. Since streetways are usually in cities and towns, they often have houses and buildings on both sides. The roadway is in the countryside and sometimes passes through forests and fields |
| Horticulture Lighting | Horticulture is the science and art of sustainably growing, producing, marketing and using high quality, intensively cultivated food and ornamental plants. |
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Research Methodology
Mordor Intelligence has followed the following methodology in all our data center reports.
- Step 1: Raw Data Collection: To understand the market, initially, all crtical data points were identified. Critical information about countries and regions of interest including Per-capita Income, Population, Automotive Production, Interest rate on Auto-Loans, Number of Automobiles on Road, Total LED Import, Lighting Electricity Consumption among others were recorded or estimated based on internal calculations.
- Step 2: Identify Key Variables: To build a robust forecasting model, key variables such as Number of Households, Automotive Production, Road Networks among others were identified. Through an iterative process, the variables required for the market forecast were set, and the model was built using these variables.
- Step 3: Build a Market Model: Based on data and critical industry trend data (variables), including LED pricing, LED penetration rate, and project macro and micor economic factors were utilized for building the market forecasting.
- Step 4: Validate and Finalize: In this crucial step, all market numbers and variables derived through an internal mathematical model were validated through an extensive network of primary research experts from all the markets studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step 5: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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