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The outdoor landscape lighting market size is forecast to increase by USD 746.3 million at a CAGR of 6.02% between 2023 and 2028. The market is witnessing significant growth due to the increasing demand for LED lighting for various applications. LED lighting offers energy efficiency, longer lifespan, and versatility, making it a preferred choice for outdoor lighting. Additionally, rapid advances in technology in the lighting industry are leading to the development of innovative solutions, such as smart lighting systems and wireless controls, which are gaining popularity among consumers. However, the poor performance of LED lighting at high temperatures remains a challenge for market growth. Daylight sensors and control systems are becoming increasingly popular in outdoor lighting applications. Manufacturers are addressing this issue by developing LED lighting solutions with improved thermal management capabilities. Overall, the market is expected to experience steady growth in the coming years, driven by these trends and ongoing technological innovations.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Source
8 Market Segmentation by End-user
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
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