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Increasing Number of Energy Efficient Lighting Projects to Fuel the Growth of South East Asia Street Lighting Market Through 2026

10-21-2021 01:05 PM CET | Energy & Environment

Press release from: Mark Armstrong (Freelance)

Increasing Number of Energy Efficient Lighting Projects to Fuel

According to MarkNtel Advisors, the South East Asia Street Lighting Market is anticipated to grow at a CAGR of around 20% during 2021-26. The market growth primarily attributes to the soaring focus of the street lighting manufacturers on producing lighting systems with low energy consumption, long life, reduced power wastage, and less emitting light pollution. In addition, the up-gradation of existing lighting products for improved lighting characteristics, such as better light output, enhanced color, reduced flicker, less glare, etc., especially across the residential sector, shall also contribute to the market growth in the years to come.

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Market Report Coverage: South East Asia Street Lighting Market

Market Segmentation
1. By Lighting Type (Conventional Lighting, Smart Lighting)
2. By Lighting Source (LEDs, Fluorescent Lights, HID Lamps)
3. By Wattage (Less than 50W, Between 50W and 150W, More than 150W)
4. By End Users (Highways, Street and Roadways, Others (Tunnels & Bridges))
5. By Distribution Channel (Wholesale/Retail Stores, Direct Sales)
6. By Offering (Hardware (Lamps, Streetlight Poles, Power Cabinet), Software, Services (Deployment and Maintenance, Configuration Services))

For detailed analysis:

Country-wise Segmentation
● Malaysia
● Indonesia
● Singapore
● Thailand
● Philippines

Key Growth Drivers
● Burgeoning demand for lights with low power consumption
● Massive investments toward developing the lighting infrastructure

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Market Challenges
● High installation costs of smart lightings
● Lack of technical expertise among consumers

Market Competitors:
SiriJaya, OLE, HeiSolar, Philips Lighting, NEW DVR (S) PTE LTD, Honeywell, LIGMAN, Lumileds, Lepower, AEG lighting, and Wipro Lighting.

Key Questions Answered in this Report:
1. What are the current & future trends in the South East Asia Street Lighting Market?
2. What are the overall statistics or estimates (Overview, Size- by Value, Forecast Numbers, Segmentation, and Shares) of the South East Asia Street Lighting Market?
3. How has the industry been evolving in terms of geography & service adoption?
4. How has the competition been shaping across Southeast Asia, followed by their comparative factorial indexing?
5. What are the key growth drivers & challenges for the South East Asia Street Lighting Market?
6. What are the customer orientation, purchase behavior, and expectations from Street Lighting providers across Southeast Asia?
7. What are the Country-wise industry size, growth drivers, and challenges?
8. What are the key innovations, opportunities, current & future trends, and regulations in the South East Asia Street Lighting Market?
9. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the South East Asia Street Lighting Market based on a competitive benchmarking matrix?
10. What are the key results derived from surveys conducted during the South East Asia Street Lighting Market study?

MarkNtel Advisors
1147 88AVE, Delta, British Columbia, BC,V4C,3B8, CANADA
Tel: +1 604 800 2671

About us:
MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

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