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RESIDENTIAL LANDSCAPE LIGHTING INSTALLATION AND DESIGN MARKET REPORT OVERVIEW
The Residential Landscape Lighting Installation and Design Market size was valued at approximately USD 0.2 billion in 2023 and is expected to reach USD 0.5 billion by 2032, growing at a compound annual growth rate (CAGR) of about 10.5% from 2023 to 2032
Residential landscape lighting installation and designs are based on installing lighting fixtures in strategic locations to add aesthetics, safety, and functionality, to the outdoor areas around people's homes. Typical design involvements usually have the inclusion of architecture detail, landscaping, pathways’ work, and the space for outdoor living. Installations can have many types of lighting units including floodlights, pathway lights, accent lights and decorative fixtures which are supplied by electricity or solar energy. Properly set out and put in place landscape lighting can enhance an ambiance, increase security by pointing into dark areas, expand the use of outdoor areas into evenings, and outline the property prettiness. Moreover, professional installation guarantees safety as well as meeting the local regulations without compromising any electrical standards. Mainly, these are designed to turn outdoor living spaces into attractive, usable, and visually appealing areas that are ideal for both homeowners and their guests.
The residential landscape lighting installation and design market is growing because of a number of reasons. First of all, the increasing popularity among the household owners to invest in the building of their outdoor living spaces creates the demand for the professional landscape lighting services. Indeed, these establishments not only accentuate the beauty of buildings but also increase property values and security. Progress in the lighting technology field, especially the large spread of energy saving, LED lighting technology, has fuelled the market growth. LED lights provide a lot of advantages such as less energy consumed, longer life, and great flexibility when it comes to design selections, unlike other traditional lights which make them a better option for the home landscape. Furthermore, the growth of environmental awareness together with the policy of the government to support eco-friendly solutions has facilitated the adoption of these green lighting solutions. This has released a flow of need for those landscape lighting designs which energy effectiveness and light pollution reduction are required. Furthermore, the increasing smart home technology acceptance plays as the driving factor of the market growth.
COVID-19 Impact: Market Growth Hampered by Pandemic due to Widespread Lockdown
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The residential landscape lighting installation and design market was affected negatively by the COVID-19 in various ways. Strict lockdown and economic uncertainty resulted in consumers spending less on non-essential services such as landscaping projects. In addition, the bans and the home visits to a large extent affected the companies' ability to carry out consultations and installation. Supply chain disruptions have also negatively impacted on distribution of lighting fixtures and materials, thus hindering the delivery of required services. In addition to this, the demand for residential landscape lighting services declined because people preferred to pay for their essential needs rather than improve the appearance of their gardens after the pandemic. In spite of these hurdles, a few companies were able to make adjustments with regards to online consultation and door-opened installation. With elimination of restrictions and gradual re-appearance of consumer confidence, the market is going to recover, though, the pace may be very slow and the safety measures and the digital engagement will be the key factors in its further growth.
LATEST TRENDS
"Growing Emphasis on Energy Efficiency and Sustainability to Drive Market Growth"
The market of lighting installation and design for residential landscapes is characterized by several key trends which lay the foundation of the market development and upgrade. One of the main trends is energy efficiency and sustainability. LED remains the major technology in the market, because of the growing knowledge of customers on the energy saving and environmentally-safe products, which leads them to select LEDs. Another important component that has gained popularity recently is the customization or personalization of outdoor lighting fixtures as people prefer unique ones which not only express their personality but also add that extra element of beauty in their exterior. This covers smart lighting systems that facilitate remote control and are programmable, which grants the user convenience and flexibility. Moreover, there is an increasing need for low-voltage lighting systems that not only make medium consumption of energy possible but also offer safety features through minimizing electrical accidents probability. These systems are very much often used for lighting walkways, gardens and other outside areas.
RESIDENTIAL LANDSCAPE LIGHTING INSTALLATION AND DESIGN MARKET SEGMENTATION
By Type
Based on type the global market can be categorized into Low Voltage, Line Voltage, Solar.
- Low voltage: Low voltage lighting systems in an average household utilize 12 volts which poses very little threat to the circuit and can easily be installed without an electrician. They can be used in a variety of places for both energy-efficiency and decorative purposes. Low voltage lights are employed for lighting up pathways and garden features or may be used to light outdoor lifestyle areas with a soft and ambient glow.
- Line voltage: Line voltage lighting systems represent higher voltage operation of 120 V which is suitable for larger properties or areas which require higher visibility. Although they require professional installation on account of their high voltage, line voltage lights are more powerful and are often used for security purposes, lighting the driveways and the expansive landscapes with bright beams.
- Solar: Landscape lighting that operates on the solar power use the sunlight to recharge batteries during the day time and then at night the energy stored in the batteries is used to light up the LED lights. These systems are environmentally friendly and cost-effective and they do not need wiring or the bills.
By Application
Based on application the global market can be categorized into DIY, Vendor Installer, Independent Installer.
- DIY: A lot of homeowners try to do DIY lighting projects for their landscapes. It is done by placing an order for the light fixtures, cables, transformers, and other since needed equipment online or from the hardware shops.
- Vendor Installer: One can also find a landscaping professional or a vendor who installs lighting services. These vendors generally have the expertise in landscape design and lighting methods. They offer solutions that are adjusted to the homeowner's choices and the demands of the home.
- Independent Installer: The self-employed installers and contractors are individuals who function independently without any permanent employment or organization. They can be the owners of the businesses or they can work as freelancers and be just for hire.
DRIVING FACTORS
"Growing Demand for Outdoor Living Spaces to Boost the Market"
Homeowners are increasingly seeking out the creation of real estate outdoor living spaces to have relaxation, entertainment and the highest property value. This, in turn, creates an increase in the demand for lighting that makes these areas look more attractive and more comfortable to use, like patios, gardens, and poolside areas. The extensive diffusion of LED lighting technology has been an impetus of products companies in the landscape lighting market. LED lights provide numerous benefits over traditional lighting sources such as saving electricity, longer life, and diversity. With the further enhancement of LED technology, which involves methods like the control of smart lighting and change of colour, the consumers choose LED landscape lighting more often. Increased demands for energy conservation and less impact on the environment have shown huge attention in the development of efficient and environmental friendly lighting alternatives. Besides the fact that LED lighting for landscape consumes less energy, it also has an extended lifespan relative to other lighting options, makes maintenance easier to carry out, and helps protect the environment.
"Expansion of Smart Home Integration to Expand the Market"
Smart home technology has spread to the world of the outdoor lighting systems and now it is possible for homeowners to manage and automate their landscape lights without being there physically. Smarter lights come with features that include programmable schedules, motion sensors, and integration with voice assistants, tailored to achieve convenience, flexibility, and energy saving. Factors such as rising incomes and increase in home improvement spending have a positive impact on the driving Residential landscape lighting installation and design market growth. Homeowners aim to create the attractiveness and functionality of their houses by investing in high-class outdoor lighting that brings added appeal and value to their properties.
RESTRAINING FACTORS
"Cost Constraints to Impede Market Growth"
One of the major constraints regarding this market is the high cost of installation and maintenance. The cost factors involved in the procurement of high class lighting fixtures, transformers, cabling, and the hiring of qualified electricians can be huge for homeowners. Furthermore, recurring costs of lamp replacements, fixtures fixings, and other related repairs are added to the costs of installation. Therefore, lower-cost consumers might buy the inexpensive alternatives or may postpone the installation leading to slower market growth. The installation of outdoor lighting systems very often implies that they be equipped in accordance with all the local requirements and building regulations. This regulation could potentially restrict the types of fittings, installation methods, and energy efficiency purposes. Complying with these rules add more burden for both homeowners and the lighting professional, which could lead to a delay and extra expenses.
RESIDENTIAL LANDSCAPE LIGHTING INSTALLATION AND DESIGN MARKET REGIONAL INSIGHTS
"Asia Pacific Dominating the Market due to Presence of a Large Consumer Base"
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
Asia Pacific has emerged as the most dominant region in the global Residential landscape lighting installation and design market share due to several factors. Fast urbanization and economic advancement of the countries like China, India and SEA countries have resulted in the rise in the demand for residential landscape lighting. While the cities are growing and the income on the rise, the homeowners are getting to be more and more active in carrying out the landscaping of the outside spaces, with the priority being on the aesthetics and functionality. Due to growing disposable income, the lifestyle aspects of middle and rich classes are in the focus area in the region. Homeowners are excited to convert their outdoor zones into attractive, visual beautiful areas where they can simply relax, celebrate or generate leisure with family and friends.
KEY INDUSTRY PLAYERS
"Key Industry Players Shaping the Market through Innovation and Market Expansion"
The Residential landscape lighting installation and design market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of wardrobe options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features in Residential landscape lighting installation and design, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.
List Of Top Residential Landscape Lighting Installation and Design Companies
- OSRAM Group (Germany)
- GE Lighting (U.S.)
- Legrand (France)
- Hubbell (U.S.)
- Kichler (U.S.)
- Maxim Lighting (U.S.)
- Philips (Netherlands)
INDUSTRIAL DEVELOPMENT
January 2024: GE Lighting, a Savant company now produces Cync smart home innovations. Cync will be the latest product (smart home) promoting the tradition of quality and innovation.
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 0.2 Billion in 2023 |
Market Size Value By |
US$ 0.5 Billion by 2032 |
Growth Rate |
CAGR of 10.5% from 2023 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2024 |
Historical Data Available |
yes |
Regional Scope |
global |
Segments Covered | |
By Type
|
|
By Application
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Frequently Asked Questions
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.Which is the leading region in the Residential landscape lighting installation and design market?
The Asia Pacific is the prime area for the Residential landscape lighting installation and design owing to the presence of key industry players in the region.
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Which are the driving factors of the Residential landscape lighting installation and design market?
Increasing demand for aesthetic outdoor spaces, advancements in LED technology for energy-efficient solutions, and a rising trend towards enhancing property value are some of the driving factors of the Residential landscape lighting installation and design market?
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What are the key Residential landscape lighting installation and design market segments?
The key market segmentation that you should be aware of, which include, Based on type the Residential landscape lighting installation and design market is classified as Low Voltage, Line Voltage, Solar. Based on application the Residential landscape lighting installation and design market is classified as DIY, Vendor Installer, Independent Installer.