Top Outdoor LED Lighting Companies (2025)
04 Jul, 2025

The global outdoor LED lighting market size is estimated to be USD 27.50 billion in 2024 and is projected to reach USD 83.26 billion by 2033, growing at a CAGR of 13.10% from 2025 to 2033. The market for outdoor LED lighting has grown rapidly due to factors like infrastructure development, growing urbanization, and the increased focus on energy efficiency worldwide. Through a number of programs and laws, governments all over the world have been aggressively encouraging the use of energy-efficient lighting systems. The U.S. Department of Energy's Energy Star program and the European Union's Ecodesign Directive, for example, have played a significant role in promoting the switch to LED lighting. These initiatives seek to improve public safety, cut carbon emissions, and use less energy.

Consequently, the market has seen a boom in the installation of LED lighting in streets, public areas, and business spaces. The market has been further driven by the incorporation of smart technologies, such as IoT-enabled lighting systems, which provide improved control and energy management capabilities. The market for outdoor LED lighting is expected to grow more in the future due to favorable regulations and continuous technological advancements.

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List of Leading Companies in the Outdoor LED Lighting Market

1.Panasonic Corporation

Establishment: 1918

Headquarters: Japan

Website: holdings.panasonic

Revenue: $58.5B in 2024

A variety of electric and electronic devices are developed, manufactured, sold, and serviced by Panasonic Holdings Corp (Panasonic), originally known as Panasonic Corp. TVs, fixed phones, digital cameras, video equipment, home audio equipment, rice cookers, lights, wiring devices, air conditioners, air purifiers, and bicycles are all part of Panasonic's product line. Additionally, it sells computer systems, tablets, projectors, batteries, electric motors, semiconductors, LCD panels, mounting machines, welding equipment, and electrical components. Among other things, it offers solutions for consumers, logistics, automobiles, airplanes, entertainment, manufacturing, and housing. In Japan, Asia, the Americas, and Europe, the corporation runs and maintains buildings as well as research and development centers. The headquarters of Panasonic are located in Kadoma-shi, Osaka, Japan.

2.Signify

Establishment: 2016

Headquarters: Netherlands

Website: www.signify.com

Revenue: $6.6B in 2023

Lighting goods are manufactured and marketed by Signify NV (Signify). High-intensity discharge (HID) lights, compact fluorescent, halogen, incandescent, LED drivers, specialized lighting, conventional lamps, electronic components, electronic ballasts, and other lighting items are all part of the company's product line. Market products under the names Philips, EcoLink, Color Kinetics, Philips Dynalite, Interact, and Philips Hue. Its area of expertise is offering lighting solutions for consumers, businesses, and the Internet of Things (IoT). The business has operations across Asia Pacific, the Americas, Europe, the Middle East, and Africa. The Netherlands' Eindhoven is home to Signify's headquarters.

3.Hubbell Incorporated

Establishment: 1888

Headquarters: United States of America

Website: www.hubbell.com

Revenue: $5.6B in 2023

The company Hubbell Inc. (Hubbell) produces electronic and electrical goods. Connectors, anchors, bushings, enclosures, cutouts, switches, smart meters, communications systems, arresters, insulators, and protection and control devices are some of its main products. Additionally, it provides bespoke items including electrical equipment, connection and grounding products, rough-in electrical products, and standard and special application wiring devices. Distributors, wholesalers, electric utilities, original equipment manufacturers, electrical contractors, telecoms, retail stores, and hardware stores are just a few of the businesses that purchase Hubbell's goods. Canada, Puerto Rico, the United States, Mexico, China, the United Kingdom, Brazil, Australia, Spain, Ireland, and the Philippines are among the countries where it has production plants. The US city of Shelton, Connecticut, is home to Hubbell's headquarters.

4.Eaton Corporation plc

Establishment: 1911

Headquarters: Ireland

Website: www.eaton.com

Revenue: $24.9B in 2023

Eaton Corporation plc, also known as Eaton, is a clever power management business. Product development for data centers, utilities, industrial, commercial, machine building, residential, aerospace, and mobility markets is the company's primary focus. Electrical equipment, electrical systems and services, automotive and aerospace components, and eMobility solutions are among Eaton's main offerings. Numerous clients, including major original equipment manufacturers in the automotive, construction, and aerospace sectors, use the company's products. Eaton has operations throughout the US, Canada, Europe, Asia Pacific, Latin America, and other regions. The headquarters of Eaton are located in Dublin, Ireland.

5.Wipro Lighting Ltd.

Establishment: 1992

Headquarters: India

Website: Wipro Lighting Ltd.

Wipro Lighting was well known for its history of providing cutting-edge LED solutions with the motto "Lighting Beyond Limits." Throughout its more than thirty years of existence, the organization has continuously shown a strong dedication to lighting a variety of areas, such as contemporary offices, industrial sites, retail establishments, medical and pharmaceutical facilities, roads, highways, and landscapes.

The dedication to advancing technological innovation and supporting creative design was at the heart of Wipro Lighting's activities. The business set itself apart by being able to adapt lighting solutions to the needs of its customers while consistently growing its product line. Its innovative strategy produced many ground-breaking inventions that defied accepted industry standards.

With its state-of-the-art production facility located in Waluj, Aurangabad, Maharashtra, Wipro Lighting functions as a technology-driven luminaire producer, laying the groundwork for creating sustainable and cutting-edge lighting solutions that surpass client expectations.

6.Samsung Electronics Co. Ltd.

Establishment: 1969

Headquarters: South Korea

Website: www.samsung.com

Revenue: $220.8B in 2023

Consumer electronics, information technology, mobile communications, and device solutions are all produced by Samsung Electronics Co Ltd (Samsung), a subsidiary of the Samsung Group. Televisions, refrigerators, network systems, audio equipment, medical devices, printers, air conditioners, computers, monitors, and digital cameras are among the items offered by the firm. Additionally, it produces tablets, cellphones, LCD and LED panels, and associated accessories. Samsung offers solutions to the government, retail, hospitality, banking, education, and transportation industries. The corporation operates in the Middle East, Asia-Pacific, Africa, Europe, and the Americas. South Korea's Seoul is home to Samsung's headquarters.

7.Bajaj Electricals Limited

Establishment: 1938

Headquarters: India

Website: bajajelectricals.com

Revenue: $562.1M in 2023

Consumer electrical equipment is produced by Bajaj Electricals Ltd. (BEL). Mixers, grinders, electric cookers, food processors, fans, lighting, water purifiers, water heaters, room coolers, inverters, gas stoves, irons, room heaters, non-electric kitchen appliances, and induction cookers are among the products offered by the company. To meet the demands of commercial areas, industrial facilities, street and road lighting, and cityscape projects, BEL provides luminaires, LED lamps, and accessories. Distributors, retail stores, authorized dealers, and private showrooms are how the business sells its goods. In addition to other nations, the corporation operates in India. The headqurters of BEL are located in Mumbai, Maharashtra, India.