LED Global Luminaire Market for Outdoor and Parking Applications to Peak at $1.4bn in 2021

From $921m in 2014 to $1.4bn in 2021 according to a report from Navigant Research. Outdoor lighting systems are in the early stages of a transition from fluorescent, HPS and metal halide lamps to LEDs. As LED prices continue to fall, the case for replacing today’s most prevalent lighting technologies in outdoor systems is becoming increasingly compelling, says the report ‘Outdoor and Parking Lighting Systems’, which analyzes the market for outdoor luminaires, lamps, and lighting controls in end-use applications including city parks and public areas, sports parks and stadiums, commercial site lighting, open air parking lots, indoor parking garages, and university and college campuses

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