NEW YORK, May 22, 2019 /PRNewswire/ — Asia-Pacific Outdoor Lighting Market by Lighting Type (HID Lamps, LED Lights, Fluorescent Lights, Plasma Lamps), by Component (Fixture, Control), by Application (Street Lighting, Highways, Parking Lots, Stadiums, Tunnel Lights), by Distribution Channel (Commercial, Retail), by Country (China, India, Japan, Australia, South Korea) Market Size, Share, Development, Growth, and Demand Forecast, 2014-2024 The Asia-Pacific (APAC) outdoor lighting market is predicted to attain a size of $10.6 billion by 2024, progressing at a CAGR of 11.1% during the forecast period (2019–2024)according to the report. This is attributed to the increasing government initiatives promoting energy efficiency and the development of smart, LED-based outdoor lighting systems. In the APAC region, the growing number of smart city projects is creating ample opportunities for the players in the market. On the basis of lighting type, the APAC outdoor lighting market is divided into fluorescent lights, light-emitting diode (LED) lights, high-intensity discharge (HID) lamps, and plasma lamps. Among these, the LED lights category is projected to witness the fastest growth d...