Street and Roadway Lighting Market to Reflect a Holistic Expansion with Zhongshan Ledcent Optoelectronics Technology Co. Ltd, others

Street and Roadway Lighting Market Figures is now released by Data Bridge Market Research. Street and Roadway Lighting Market report presents a complete assessment of covering future trend, Latest Trend, current growth factors, facts, and industry validated market data forecast till 2026. The report provides an in-depth analysis of the latest trends, business scenario, size and share of Major Competitors such as AGC Lighting, Electrolite Fitting & Equipments., Cree Lighting., SpecGrade LED, LEDVANCE GmbH., SKYLER TEK dba SKYLER LED Lighting, Zhongshan Ledcent Optoelectronics Technology Co. Ltd, amongst others.

Global street and roadway lighting market is to register a substantial CAGR of 6.3 % in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed development of modernization and infrastructure to improve the visibility and safety,

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Market Drivers and Restraints:

• Improvement of chauffeurs, riders and pedestrian’s visibility and safety is driving the growth of the market
• Development of modernization and infrastructure, such as smart cities is propelling the growth of the market
• Need for efficient power lighting installation is boosting the growth of the market
• Increasing supply in street lighting technologies for smart methods is contributing to the growth of the market
• Absence of alertness about the reimbursement duration
• Huge accession charge of Smart Lighting

Few of the major competitors currently working in the Global Street and Roadway Lighting Market are Koninklijke Philips N.V., Cree, Inc., GENERAL ELECTRIC, Eaton, OSRAM GmbH, ACUITY BRANDS LIGHTING, INC., Hubbell., Dongguan Kingsun Optoelectronic Co., Ltd., Thorn, LED ROADWAY LIGHTING LTD, Syska, Virtual Extension, amongst others.

Segmentation:

• By Lighting Type (Conventional Lighting, Smart Lighting),
• By Light Source (LEDs, Fluorescent Lights, HID Lamps),
• By Wattage Type (Less than 50W, Between 50W and 150W, More than 150W),
• By End User (Highways, Street and Roadways, Others),
• By Offering (Hardware, Software, Services),
• Based on the geography (North America, South America, Asia and Pacific region, Middle east and Africa, Europe)

Competitive Landscape:

Global Street and Roadway Lighting Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Street and Roadway Lighting Market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report.

Potential Held by the Report:

• Recent industry trends and developments
• Market Penetration: Comprehensive information on the product portfolios of the top players in the trocars market
• To gain insightful analyses of the market and have a comprehensive understanding of the “Street and Roadway Lighting Market” and its commercial landscape
• To understand the future outlook and prospects for market analysis and forecast 2018-2025.
• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the trocars market

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