LED Inground Light Market Product Overview to 2031

LED Inground Light Market 2023 : LED inground light is a new type of underground decorative lamp with ultra-bright LED as the light source and LED constant current drive as the driving method. Widely used in squares, outdoor parks, leisure places and other outdoor lighting, as well as park greening, lawns, squares, courtyards, flower beds, pedestrian street decoration, waterfalls, fountains and other places night lighting, adding luster to life.

Highlights

The global LED Inground Light market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2023 and 2028.

North American market for LED Inground Light is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.

Asia-Pacific market for LED Inground Light is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.

The major global manufacturers of LED Inground Light include Panasonic, Philips, Osram, Acuity Brands, Toshiba, Zumtobel, Cree Lighting, Cooper Lighting and OPPLE Lighting, etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.

The global market for LED Inground Light in Garden is estimated to increase from $ million in 2022 to $ million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.

Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, Highly Directional Inground Light, which accounted for % of the global market of LED Inground Light in 2021, is expected to reach million US$ by 2028, growing at a revised CAGR of % from 2022 to 2028.

Top Key Players:

  • Panasonic
  • Philips
  • Osram
  • Acuity Brands
  • Toshiba
  • Zumtobel
  • Cree Lighting
  • Cooper Lighting
  • OPPLE Lighting
  • NVC Lighting
  • Guangdong PAK Corp
  • TCL Lighting
  • GE Lighting

LED Inground Light Market By Applications

  • Garden
  • Business Premises
  • Others

LED Inground Light Market By Types

  • Highly Directional Inground Light
  • Standard Inground Light
  • Scattered Inground Light

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