Smart lighting is a lighting technology designed for energy efficiency. This may include high efficiency fixtures and automated controls that make adjustments based on conditions such as occupancy or daylight availability. Lighting is the deliberate application of light to achieve some aesthetic or practical effect. It includes task lighting, accent lighting, and general lighting.
19% of energy use in the world is used for lighting, and 6% of greenhouse emissions in the world derive from this energy used for lighting. In the United States, 65 percent of energy consumption is used by commercial and industrial sectors, and 22 percent of this is used for lighting. The advances achieved in photonics are already transforming society just as electronics revolutionized the world in recent decades and it will continue to contribute more in the future. The outdoor light emitting diode smart lighting market is growing because of the low cost of the LED and efficient working of it. LEDs are small, solid light bulbs which are extremely energy efficient and long lasting. The long life of LED lamps is attractive.

Market Analysis and Insights: Global Outdoor LED Smart Lighting Solution Market
The global Outdoor LED Smart Lighting Solution market size is projected to reach US$ 8341.2 million by 2027, from US$ 5103.9 million in 2020, at a CAGR of 6.8% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Outdoor LED Smart Lighting Solution market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Outdoor LED Smart Lighting Solution market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Outdoor LED Smart Lighting Solution market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Outdoor LED Smart Lighting Solution market.

Global Outdoor LED Smart Lighting Solution Scope and Market Size
Outdoor LED Smart Lighting Solution market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Outdoor LED Smart Lighting Solution market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Hardware
Software
Services

Segment by Application
Street Lighting
Landscape Lighting
Stadium
Parking
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Philips Lighting Holding
Acuity Brands
General Electric
Osram Licht
Honeywell
ABB(Cooper Industries)
Schneider Electric
Digital Lumens
Streetlight. Vision
Lutron Electronics Company