Street and Roadway Lighting Market 2022 by latest COVID-19 Impact and Global Analysis to 2028 with Leading Players

Street and Roadway Lighting Market Size Growth Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Hardware, Software, Services); Lighting Type (Conventional Lighting, Smart Lighting); Light Source (LED, Fluorescent Light, HID Lamp); Wattage Type (Below 50 W, 50 - 150 W, Above 150 W); Application (Highways, Street and Roadways, Others) and Geography

Street and roadway lighting play a crucial role in the safety and security of the streets and public places. The increasing transportation infrastructure has rising the need for enhanced illumination on the streets and roadways, to ensure people's safety on the streets and smooth traffic flow, street and roadways lightening necessary. The growing investment in smart cities and government incentives are given for outdoor lighting applications such as bridges, roadways, freeways, tunnels, and in-city street lights are the major factor driving the growth of the street and roadway lighting market.

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Top Players Mentioned in Street and Roadway Lighting Market are - Acuity Brands, Inc., Cooper Lighting LLC., Cree Inc., GE Current, Hubbell Incorporated, Itron, Inc., Koninklijke Philips N.V., Landis+Gyr, OSRAM GmbH, Zumtobel Group AG

The global street and roadway lighting market is segmented on the basis of component, lighting type, light source, wattage type, application. On the basis of component the market is segmented as hardware, software, services. On the basis of lighting type the market is segmented as conventional lighting, smart lighting. On the basis of light source the market is segmented as LED, fluorescent light, HID lamp. On the basis of wattage type the market is segmented as below 50 W, 50 - 150 W, above 150 W. On the basis of application the market is segmented as highways, street and roadways, others.

The "Global Street and Roadway Lighting Market Analysis to 2028" is a specialized and in-depth study of the street and roadway lighting industry with a special focus on the global market trend analysis. The report aims to provide an overview street and roadway lighting market with detailed market segmentation as component, lighting type, light source, wattage 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 street and roadway lighting market players and offers key trends and opportunities in the street and roadway lighting market.

The rapid development of infrastructure projects across the globe, increasing penetration of LED lights and luminaires in street lighting applications, need for energy-efficient street lighting systems are the significant factor impacting the growth of the street and roadway lighting market. Further, stringent government regulations about lighting efficiency coupled with the modernization and development of infrastructure across various countries such as China, India, Japan, and among other are also fueling the demand for street and roadways lighting market. The rapid adoption of connected lights is likely to create significant opportunities for the key players of the street and roadway lighting market in the coming years.

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