LED Street lighting Market 2019 Industry Growth, Analysis and Manufacturers | Cree, LEOTEK, Hubbell, Acuity Brands, LSI Industries

An LED street light is an integrated light that uses light emitting diodes (LED) as its light source. These are considered integrated lights because, in most cases, the luminaire and the fixture are not separate parts. In manufacturing, the LED light cluster is sealed on a panel and then assembled to the LED panel with a heat sink to become an integrated lighting fixture.

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The worldwide market for LED street lighting is expected to grow at a CAGR of roughly 2.4% over the next five years, will reach 270 million US$ in 2024, from 240 million US$ in 2019, according to a new study.

Because LED technology is advancing so rapidly, utility companies and municipalities may have concerns that systems purchased today will become obsolete or will not be compliant with future upgrades. Reputable manufacturers however are making their LED street light offerings future-proof by designing them with replaceable modules that can be swapped out as technology improves.

As well, the Department of Energy’s model specification for roadway luminaires contains an optional clause that requires the luminaire/driver to be able to accept a control signal and dim for future control. Finally, once one community, utility or State successfully implements an LED street lighting system, it paves the way for others to follow.

Market Segment by Manufacturers, this report covers

• Cree
• LEOTEK
• Hubbell
• Acuity Brands
• LSI Industries
• GE Lighting
• …

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Market Segment By Type -

• Less Than 100W
• 100-150W
• Greater Than 150W

Market Segment By Application –

• Highway
• Arterials
• Subsidiary Road& Residential Streets
• Other

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

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There are 15 Chapters to deeply display the LED Street lighting Market

Chapter 1, to describe LED street lighting 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 market by countries, by type, by application and by manufacturers, 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 Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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