Press release
Global LED street lighting Market Breakdown Data by Regions, Type, Manufacturers and Applications, Forecast 2018-2025
The main objective of this report is to define, describe, and forecast the global “LED street lighting ” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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This report presents the worldwide LED street lighting market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
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.
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%.
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.
The LED street lighting market was valued at 240 Million US$ in 2017 and is projected to reach 290 Million US$ by 2025, at a CAGR of 2.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for LED street lighting.
The following manufacturers are covered in this report:
Cree
LEOTEK
GE Lighting
Hubbell
Philips Lighting
Osram
Excellence Optoelectronics
Eaton Cooper
Acuity Brands
Kingsun
LED Roadway Lighting
LED street lighting Breakdown Data by Type
150W
LED street lighting Breakdown Data by Application
Highway
Arterials
Subsidiary Road& Residential Streets
Others
LED street lighting Production by Region
United States
Europe
China
Japan
Other Regions
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LED street lighting Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global LED street lighting status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key LED street lighting manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of LED street lighting :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of LED street lighting market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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