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Outdoor LED Lighting Market By 2025 With GE, Philips Lighting, Cree, OSRAM, Eaton, Hubbell Incorporated, Zumtobel Group, Gooee, Evluma, Carmanah Technologies Corp. , Neptun Light, Inc.

10-12-2018 03:56 PM CET | Logistics & Transport

Press release from: Data Bridge Market Research

Outdoor LED Lighting Analysis

Outdoor LED Lighting Analysis

Report analyzed outdoor LED lighting market data like capacity, production, capacity utilization rate, price, revenue, cost, gross, gross margin, supply, import, export, consumption, market share, growth rate and etc. And the analysis on manufacturing including process, cost structure and major plants distribution is conducted in report. For regional market, this report analyzed major regions like Europe, North America, South America, Asia and others. These analysis are conducted in report. The global outdoor LED lighting market accounted to USD 26.0 billion and growing at a CAGR of 12.8% during the forecast period.

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Report Forecasting Regional and Global Analysis on Outdoor LED Lighting Market By Installation Type (New Installation, Retrofit Installation) By wattage type (Less Than 50 W, 50–150 W, More Than 150 W), By Application {Highway and Roadway, Architectural, Public Places (Commercial, Airport Perimeters, Parking Structures, Stadium and Area Floodlighting, Entertainment, Others Public Places)} and By Geography.

Light-emitting diodes (LEDs) are lighting sources for general lighting applications with ten times as efficient as compared to incandescent lighting. Such attribute combined with their long working life and reliability has made them the suitable choice for next generation of lighting systems including emergency, backlight, automotive, indoor and outdoor. The latest trend in this market are development in the power efficient LED lights, decrease use of high power consuming incandescent lamps as they make burden on consumer pocket by generating more electricity bill. Some of the major players operating in market are

· Philips Lighting Holding B.V.

· General Electric Company

· Osram Licht AG

· Cree, Inc.

· Eaton Corporation PLC

· Hubbell Incorporated

· Dialight PLC

· Zumtobel Group AG

· Syska LED

· Virtual Extension

· Neptun Light, Inc.,

· Tapan Solar Energy Pvt. Ltd.,

· Tanko Lighting, Inc.,

Others: Evluma, GOOEE, UM Green, Solas Ray, Carmanah among others.In 2017, Osram Licht AG acquired China’s Green light, which will help the company to grow in chins. The major players in Outdoor LED Lighting Market have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

There is need of LED lighting for several applications like Highway and Roadway, Architectural, Public Places (Commercial, Airport Perimeters, Parking Structures, Stadium and Area Floodlighting, Entertainment, Others Public Places) will create a huge market for the outdoor LED Lighting.

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Major Market Drivers and Restraints:

• Power efficiency and log lasting LED lights
• Decreasing use of incandescent lamps, due to high power consumption
• Reduction in Prices of LEDs
• Demand for Smart Controls in Street Lighting Systems
• High cost of production

Market Segmentation: Global Outdoor LED Lighting Market

· On the basis of installation the outdoor LED lighting market is segmented into

· New Installation,

· Retrofit Installation.

· The new installation market is expected to grow in the forecasted period.

· On the basis of wattage type the outdoor LED lighting market is segmented into

· Less Than 50 W

· 50–150 W

· More Than 150 W

· The less than 50W market is expected to grow in the forecasted period.

· On the basis of application the outdoor LED lighting market is segmented into

· Highway and Roadway

· Architectural

· Public Places

· The public places market is expected to grow in the forecasted period.

· The public places are further segmented into

o Commercial

o Airport Perimeters

o Parking Structures

o Stadium and Area Floodlighting

o Entertainment

o Others Public Places

· The commercial market is expected to grow in the forecasted period.

· On the basis of geography, outdoor LED lighting market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.

· Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Reasons to Purchase this Report

· Current and future of the global outdoor led lighting market outlook in the developed and emerging markets

· The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

· Regions/countries that are expected to witness the fastest growth rates during the forecast period

· The latest outdoor led lighting developments, market shares, and strategies that are employed by the major market players

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Customization of the Report

· The report includes the complete segmentation displayed above across all above mentioned countries

· All products covered in the outdoor led lighting market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).

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