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Outdoor Lighting Market Revenue Worth $20,269.7 Million By 2030, Says P&S Intelligence

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The Street

By PR Newswire NEW YORK, Jan. 4, 2022 /PRNewswire/ — The outdoor lighting market value is set to increase from $10,352.1 million in 2020 to $20,269.7 million by 2030, at a 7.0% CAGR between 2020 and 2030, according to the market research report published by P&S Intelligence. The key driver for the market is the growing scale of infrastructure development around the world. With the booming population, the construction of roads and highways, commercial complexes, and residential units is rising. Since all these places have open spaces that need to be well lit, the demand for outdoor lights is s…

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