Global LED street lighting Market Size Worth USD 270 Million by 2023

The LED street lighting Market is expected to reach USD 270 Million by 2023 from USD 240 Million in 2017, at a CAGR grow of roughly 2.4% over the next five years.

An LED Street Lighting (also referred to as LED road lighting) is an integrated light, emitting diode (LED) light fixture that is used for street lighting.
In the next five years, the U.S. consumption of LED Street Lighting will show upward tendency further, consumption is expected in 2021 will be 4151.42 (K units). The average operating rate will remain at 33.85%.

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Cree, LEOTEK, GE Lighting captured the top three sales value share spots in the U.S. LED Street Lighting market in 2015. Cree dominated with 37 percent production value share, followed by LEOTEK with 32.67 percent production value share and GE Lighting with 13.25 percent sales value share.

Key factors boosting the demand for LEDs Street Lighting include continuously declining LED Street Lighting prices due to decreasing production cost coupled with initiatives taken by the US government.

Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.

Although sales of LED Street Lighting brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market.

Scope of the Report:
This report focuses on the LED street lighting Market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.

LED street lighting Market Segment by Top Manufacturers Including:
Cree, LEOTEK, GE Lighting, Hubbell, Philips Lighting, Osram, Excellence Optoelectronics, Eaton Cooper, Acuity Brands, Kingsun & LED Roadway Lighting.

LED street lighting Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
• 150W

Market Segment by Applications, can be divided into:
• Highway
• Arterials
• Subsidiary Road& Residential Streets
• Others

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There are 15 Chapters to deeply display the global LED street lighting market.

Chapter 1, to describe LED street lighting Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of LED street lighting, with sales, revenue, and price of LED street lighting, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of LED street lighting, for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, LED street lighting market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe LED street lighting sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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Related Reports: -
United States LED Street Lighting Market Report 2018
In this report, the United States LED Street Lighting market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
https://www.marketstudyreport.com/reports/united-states-led-street-lighting-market-report-2018

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