Landscape Lighting Power Supply MarketLandscape Lighting Power Supply Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.1 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
From 2018 to 2022, key players in the market introduced new technologies, focusing on providing users with efficient and cost-effective power solutions for landscape lighting. These advancements included wireless power solutions, remote-controlled lighting, and integration with solar-powered systems, all of which fueled demand during this period. Power supplies that were once bulky and inefficient were replaced with compact, high-performance units, making installation and maintenance easier for both homeowners and professionals. Market players also saw increased demand for durable, weather-resistant power supply units that could withstand harsh outdoor environments.
As we move into the forecasted period of 2023 to 2033, the demand for landscape lighting power supply solutions is expected to continue its upward trajectory. The global focus on sustainability and energy efficiency will drive further innovations in the power supply segment. With increasing urbanization and a focus on enhancing outdoor living spaces, demand for landscape lighting solutions will rise. This, in turn, will boost the need for more efficient and scalable power supply systems. Consumers and businesses alike are expected to prioritize low-energy, eco-friendly power options, which will steer the market towards solutions that offer both energy savings and improved performance.
The future market outlook also includes the growth of the commercial and industrial sectors, where landscape lighting is being used more widely for safety, aesthetic enhancement, and energy-saving purposes. Technological integration will continue to evolve, with wireless and solar-powered systems gaining momentum. Furthermore, the integration of artificial intelligence (AI) and IoT technologies in landscape lighting systems will demand increasingly sophisticated power supply units capable of supporting these advanced systems. Players in the landscape lighting power supply market will need to adapt quickly to these trends to stay competitive.
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The landscape lighting power supply market has seen significant transformations between 2018 and 2022, with demand shifting due to evolving consumer preferences and technological advancements. These years were marked by a growing interest in energy-efficient lighting systems, spurred by environmental concerns and advancements in LED technology. Landscape lighting solutions, once considered a luxury, have become an essential aspect of residential and commercial property design, leading to a surge in the demand for reliable power supplies capable of supporting innovative lighting solutions. The rise of smart homes and automation systems has also played a crucial role in shaping the market’s evolution, with power supply solutions needing to cater to these interconnected systems.
Changzhou Chuanglian Power Technology Co.
Ltd.
IBS Electronics
Kay Lighting
Lite the Nite
MOSO Electronics
Q-Tran
TechnoMagnet
Venus Manufacturing
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Landscape Lighting Power Supply Market
Business
Residential
Other
Based on Types the Market is categorized into Below types that held the largest Landscape Lighting Power Supply market share In 2023.
Less Than 12V
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Landscape Lighting Power Supply Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Landscape Lighting Power Supply Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Landscape Lighting Power Supply Market, By Type
6. Global Landscape Lighting Power Supply Market, By Application
7. Global Landscape Lighting Power Supply Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Landscape Lighting Power Supply Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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