Street and Roadway Lighting Market Key Players and Competitive Strategies 2021 to 2027 | Koninklijke Philips, Cree, General Electric, Eaton, Osram Licht

The “Global Street and Roadway Lighting Market ″ analysis to 2027 is a specialized and in-depth study of the industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Street and Roadway Lighting market with detailed market segmentation by type, application, and geography. The global Street and Roadway Lighting market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The analysts forecast the global Street and Roadway Lighting market to grow at a CAGR of 7 % during the period 2021- 2027.

The numerical data is backed up by statistical tools such as SWOT analysis, BCG (Boston Consulting Group) matrix, SCOT analysis (Strengths, Challenges, Opportunities, and Threats.), PESTLE analysis, and so on. The statistics are represented in graphical format for a clear understanding of facts and figures

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By Company:

Koninklijke Philips, Cree, General Electric, Eaton, Osram Licht, Acuity Brands, Hubbell, Kingsun Optoelectronic, Thorn Lighting, LED Roadway Lighting, Syska LED, Virtual Extension

Industry News

General Electric has acquired 52 companies, including 8 in the last 5 years. A total of 24 acquisitions came from private equity firms. It has also divested 43 assets.

General Electric’s largest acquisition to date was in 2015, when it acquired Alstom - Power and Grid businesses for $12.4B. It’s largest disclosed sale occurred in 2007, when it sold SABIC Innovative Plastics US to Saudi Basic Industries for $11.6B. General Electric has acquired in 12 different US states, and 13 countries. The Company’s most targeted sectors include machinery (15%) and software (13%).

Segment by Type:

Conventional Lighting

Smart Lighting

Segment by Application:

Street and Roadway Lighting

Regional Analysis of Global Street and Roadway Lighting Market

Asia-Pacific to Witness the Fastest Growth Rate

Asia-Pacific is expected to witness the fastest growth because of the increasing smart city initiatives in this region. Smart street lights are the backbone of the smart city project due to the benefits associated with LED lighting.
Additionally, in countries, like China and India, the governments are encouraging the adoption of LED technology for roadway and highway applications, in order to save energy and maintenance costs.
Further, in order to promote investments in the market, the Indian government has only imposed a free tariff (basic tariff) on LED component imports, facilitating the LED products to enter the market as semi-finished products.
China aims to encourage 100 new smart cities from 2016 to 2020 to lead the country's urban planning and development. Over 1,000 smart city pilot projects across the globe are ready for and are under construction, and China is home to about 500 of them, covering small and big cities. Thailand's Government is planning to achieve the mandate of 100 smart cities within 20 years. This is expected to drive the growth of the market in the region.

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Below are some of the silent features of the report:

- In-depth analysis of global market potential and risk.

- Ongoing research and big events on the Street and Roadway Lighting market.

- In-depth scrutiny of plans to expand the market for industry-leading players.

- Crucial research on the development path of the Street and Roadway Lighting market in the coming years.

- In-depth knowledge of the industry with specific drivers, limitations, and global micro markets.

- The positive sentiment of the current dynamics in technology and industry is influencing the Street and Roadway Lighting market.

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Some Points from Table of Content

1 Report Overview

2 Global Street and Roadway Lighting Growth Trends

2.1 Global Street and Roadway Lighting Market Perspective (2016-2027)

2.2 Street and Roadway Lighting Growth Trends by Regions

2.2.1 Market Size by Regions: 2016 VS 2021 VS 2027

2.2.2 Street and Roadway Lighting Historic Market Share by Regions (2016-2021)

2.2.3 Street and Roadway Lighting Forecasted Market Size by Regions (2022-2027)

2.3 Street and Roadway Lighting Industry Dynamic

2.3.1 Market Trends

2.3.2 Market Drivers

2.3.3 Market Challenges

2.3.4 Market Restraints

3 Competition Landscape by Street and Roadway Lighting Market Key Players

3.1 Global Top Street and Roadway Lighting Players by Revenue

3.1.1 Global Top Players by Revenue (2015-2021)

3.1.2 Global Revenue Market Share by Players (2015-2021)

3.2 Global Market Share by Company Type

3.3 Players Covered: Ranking by Revenue

3.4 Global Street and Roadway Lighting Market Concentration Ratio

3.5 Key Players Head office and Area Served

3.6 Key Players Product Solution and Service

3.7 Date of entering into Market

3.8 Mergers & Acquisitions, Expansion Plans

4 Street and Roadway Lighting Breakdown Data by Type

4.1 Historic Market Size by Type (2016-2021)

4.2 Forecasted Market Size by Type (2022-2027)

5 Street and Roadway Lighting Breakdown Data by Application

5.1 Historic Market Size by Application (2016-2021)

5.2 Forecasted Market Size by Application (2021-2027)

6 Key Players Profiles

7 Analyst's Viewpoints/Conclusions

8 Appendix

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