Outdoor Solar LED Market Size & Share, By Application, Wattage (less than 39W, 40W to 149W, More than 150W), End Use (Residential, Commercial, Industrial) - Growth Trends, Regional Insights (U.S., Japan, South Korea, UK, Germany), Competitive Positioning, Global Forecast Report 2025-2034

Market Outlook:

Outdoor Solar LED Market size is projected to rise from USD 9.75 billion in 2024 to USD 106.42 billion by 2034, representing a CAGR above 27% for the 2025–2034 forecast period. The industry is estimated to reach USD 12.16 billion in revenue by 2025.

• Base Year Value (2024): USD 9.75 billion
• CAGR (2025-2034): 27%
• Forecast Year Value (2034): USD 106.42 billion
• Historical Data Period: 2021-2034
• Largest Region: Asia Pacific
• Forecast Period: 2025-2034

Market Dynamics:

Growth Drivers & Opportunities

The Outdoor Solar LED Market is experiencing significant growth, primarily driven by the increasing demand for sustainable and energy-efficient lighting solutions. As more individuals and organizations become aware of the environmental impacts of traditional lighting, the shift towards solar-powered options is gaining traction. This shift is further propelled by the ongoing advancements in solar technology, which improve the efficiency and effectiveness of solar LED products. The declining costs of solar panels and LED technologies also present a favorable opportunity for market expansion, making these solutions more accessible to a broader audience.

Government initiatives promoting renewable energy sources and the reduction of greenhouse gas emissions contribute to the market's positive outlook. Incentives, such as tax breaks and subsidies, encourage both consumers and businesses to invest in solar lighting solutions. The growing trend of smart cities and sustainable urban development frameworks is another opportunity, as municipalities look for efficient ways to enhance public safety and reduce energy costs through solar lighting installations. The rise in off-grid solar solutions is particularly significant in developing regions, where access to electricity is limited, thereby creating a lucrative market for solar LED products.

Report Scope

Report Coverage	Details
Segments Covered	Application, Wattage, End Use
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Greenshine New Energy (Oceania International LLC), Polybrite - SBM NewTech Co.,, Signify Holding, Wipro Lighting, LEADSUN, Bridgelux, Inc, SEPCO, Solar Electric Power Company, SOKOYO Solar Lighting, Brightown, Sunna Design

Industry Restraints:

Despite the promising growth prospects, the Outdoor Solar LED Market faces several challenges that could hinder its expansion. One of the primary

Report Scope

Report Coverage	Details
Segments Covered	Application, Wattage, End Use
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Greenshine New Energy (Oceania International LLC), Polybrite - SBM NewTech Co.,, Signify Holding, Wipro Lighting, LEADSUN, Bridgelux, Inc, SEPCO, Solar Electric Power Company, SOKOYO Solar Lighting, Brightown, Sunna Design

Industry Restraints: is the initial cost associated with the installation of solar lighting systems. While prices have been declining, upfront investment remains a barrier for many potential consumers, especially in price-sensitive markets. Additionally, the performance of solar LED systems can be variable and heavily depends on geographic location and weather conditions. Areas with less sunlight may not yield sufficient energy, which in turn limits the effectiveness and reliability of solar lighting solutions.

Another significant restraint is the limited awareness and understanding of solar LED technology among consumers. This lack of knowledge can lead to skepticism regarding the effectiveness and durability of solar lighting compared to traditional options. Moreover, the market faces competition from other renewable energy technologies and lighting solutions, which can lead to market fragmentation and challenge the widespread adoption of solar LED products. Lastly, potential supply chain disruptions and the availability of high-quality components also pose risks to manufacturers, impacting the overall market growth and customer trust.

Regional Forecast:

North America

The North American outdoor solar LED market is primarily driven by growing environmental awareness and technological advancements. The United States stands out as the largest market in this region due to its broad adoption of renewable energy solutions and significant investments in infrastructure. Various states have implemented regulations supporting the use of solar energy, which further bolsters market growth. Canada is also experiencing increased demand for outdoor solar LED solutions, particularly in urban areas where municipalities are seeking sustainable lighting options for parks and public spaces. The combination of government incentives and public sector projects is expected to push market development in both countries.

Asia Pacific

In the Asia Pacific region, China is the dominant player in the outdoor solar LED market, leading in manufacturing capabilities and innovation. The country’s aggressive push towards renewable energy has created a conducive environment for solar technology adoption. Additionally, government initiatives aimed at improving urban infrastructure, especially in rapidly growing cities, contribute to a significant increase in outdoor solar LED installations. Japan and South Korea also present considerable opportunities, with a rising focus on smart city development and environmental sustainability. Both countries are investing in advanced technologies and infrastructures that integrate renewable energy sources into everyday life, making them key markets for future growth in outdoor solar LED solutions.

Europe

Europe is witnessing a notable surge in the outdoor solar LED market, propelled by strong regulations on carbon emissions and a commitment to achieving sustainability goals among EU member states. Germany is at the forefront, being one of the largest markets in Europe, thanks to its early adoption of solar technologies and comprehensive policies promoting clean energy solutions. The UK and France are also significant contributors to market expansion, with both countries focusing on enhancing their public lighting systems by incorporating energy-efficient technologies. In particular, France is actively pushing for more environmentally friendly installations in urban areas, while the UK’s commitment to reducing greenhouse gas emissions is fostering a favorable market for outdoor solar LED applications. The overall emphasis on sustainable infrastructure across Europe indicates continuous growth potential in this sector.

Segmentation Analysis:

In terms of segmentation, the global Outdoor Solar LED market is analyzed on the basis of Application, Wattage, End Use.

Application Segment

The outdoor solar LED market is diversified across various applications, which significantly impact its growth dynamics. The key applications include street lighting, landscape lighting, solar garden lights, and outdoor signage. Among these, street lighting is projected to hold a considerable market share due to the increasing demand for energy-efficient urban infrastructure. Governments worldwide are focusing on enhancing public safety and reducing operational costs, making solar street lights a preferred option. Additionally, landscape lighting is witnessing a surge in popularity as homeowners and businesses look for sustainable solutions to enhance outdoor aesthetics while minimizing energy consumption. This segment is expected to exhibit robust growth as consumers become more environmentally conscious.

Wattage Segment

The wattage segment of the outdoor solar LED market encompasses a range of power outputs, typically categorized into low-wattage, medium-wattage, and high-wattage luminaries. Low-wattage solutions, often utilized for decorative purposes in gardens and landscapes, are gaining traction due to their affordability and ease of installation. However, medium-wattage and high-wattage solar LEDs are experiencing faster growth, driven by the demand for more powerful lighting in street and commercial applications. As municipalities and businesses seek to illuminate larger areas reliably while maintaining energy savings, medium to high-wattage solutions are likely to dominate the market in terms of size and growth potential.

End Use Segment

The end-use segment highlights the various sectors adopting outdoor solar LED solutions, including residential, commercial, industrial, and municipal. The residential sector is expanding as homeowners invest in energy-efficient lighting options, often motivated by sustainability goals and long-term cost savings. On the other hand, the commercial sector, characterized by various businesses including retail and hospitality, is increasingly recognizing the benefits of solar LED lighting for both branding and energy efficiency. Municipalities are also significant end users, converting traditional street lighting to solar options for better energy management. Among these end-use categories, municipal and commercial segments are expected to show the largest market size and growth, driven by policy support and investment in sustainable urban development.

Competitive Landscape:

The competitive landscape in the Outdoor Solar LED Market is characterized by a diverse range of players, including established companies, emerging startups, and regional manufacturers, all vying for market share in this rapidly growing sector. Key factors driving competition include technological advancements in solar energy efficiency, innovative product designs, and increasing demand for sustainable lighting solutions in urban and rural areas. Companies are also focusing on strategic partnerships and collaborations, expand distribution channels, and enhancing customer service to gain a competitive edge. The market is witnessing significant investment in research and development to improve product longevity, light output, and integrated smart technologies, further intensifying competition.

Top Market Players

1. Sunna Design

2. Holophane

3. Signify (Philips Lighting)

4. solar LED street lighting

5. Greenshine New Energy

6. SOKOYO Solar Group

7. EnGoPlanet

8. Solar Solution

9. SEPCO

10. Sol Outdoor Lighting