Street and Roadway Lighting Market to reach USD 12.89 Bn by 2029, emerging at a CAGR of 5.31 percent and forecast 2023-2029
The comprehensive report explores the Global Street and Roadway Lighting Market, offering valuable insights into market dynamics, drivers, restraints, regional insights, research methodology, and more. The report examines the impact of the COVID-19 lockdown on market leaders, followers, and disruptors, factoring in variations across regions and segments. The report is a crucial resource for decision-makers, assisting them in formulating short-term and long-term strategies for companies by region.
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Street and Roadway Lighting Market Research Methodology:
The report utilizes a robust research methodology involving data analysis, expert interviews, and assessment of COVID-19's impact on various market segments. This methodology ensures a comprehensive and accurate analysis, considering the evolving market landscape.
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What are Street and Roadway Lighting Market Dynamics:
The market's growth is driven by several factors, including the modernization of infrastructure for the transformation of cities into smart cities, the demand for energy-efficient lighting systems, and the increasing need for intelligent solutions in street lighting systems. Additionally, the growing penetration and decreasing cost of LEDs, coupled with rising awareness about energy savings among consumers and governments, contribute to the market's expansion. The report highlights emerging trends like wireless technology for street lighting systems, energy efficiency in emerging economies, and the integration of IoT technology in smart street lighting systems.
Street and Roadway Lighting Market Regional Insights:
Europe: Anticipated to lead the market, Europe benefits from stringent government regulations concerning lighting efficiency. Initiatives like the "Streetlight-Energy Performance Contracting (EPC)" project, funded by the EU's Intelligent Energy Europe Program, contribute to the region's dominance.
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What is Street and Roadway Lighting Market Segmentation:
Application Segment: LEDs and luminaires dominate the market, with LEDs finding extensive use in outdoor lighting applications due to their efficiency, low maintenance cost, and high lumen output.
By Lighting Type
• Smart Lighting
o Communication Technology
By Light Source
• Fluorescent Lights
• HID Lamps
o Lights and Bulbs
• Residential Street Lighting
• Highways and Interchanges
• Railway Crossings
• Housing Complexes and Warehouses
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Who are Street and Roadway Lighting Market Key Players:
• Schneider Electric
• Cree, Inc.
• General Electric Company (GE)
• Eaton Corporation PLC
• OsramLicht AG
• Acuity Brands, Inc.
• Hubbell Incorporated
• Kingsun Optoelectronic Co., Ltd.
• Thorn Lighting
• LED Roadway Lighting Ltd.
• MAFCO FZE
• Bridgelux, Inc.
Table of content for the Street and Roadway Lighting Market includes:
1. Global Street and Roadway Lighting Market: Research Methodology
2. Global Street and Roadway Lighting Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Street and Roadway Lighting Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• MandA by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• Regulatory Landscape by region
• North America
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4.Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
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