Global Street Lighting Market to Grow at 4.47% CAGR to 2021: Growth Analysis, Company Profiles & Trends

This New Version Global Street Lighting Market Research Report is a deep market research report in this MarketSizeForecasters. Report focused on global and regional market, major manufacturers, as well as the segment market details on different classifications and applications. First, this report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy and news.

The Report Announces the Publication of its Research Report – Global Street Lighting Market 2017-2021

Globally, lighting accounts for 10%-35% of the total energy bills, which are substantial. Need for energy efficiency in street lighting has been increasing due to rising energy prices and changing climate. This has led to increased adoption of energy-efficient technologies such as light-emitting diode (LED) to replace older street lighting models that use a compact fluorescent lamp (CFL) or halogen.

The Report analysts forecast the global street lighting market to grow at a CAGR of 4.47% during the period 2017-2021.

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The typical cost of a street lighting system for a period of 25 years is approximately split as 85% for maintenance, which includes power supply and replacement cost, and 15% of installation cost. Power prices have continuously increased, and the trend is expected to continue owing to urbanization. The urbanization is leading to the development of new roads, requiring additional street light, thereby increasing the power consumption. Therefore, to reduce the power consumed by street lights, existing street lights are being replaced by solar street lights and are also preferred in new installations.

Covered in this report
The report covers the present scenario and the growth prospects of the global street lighting market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

The Research report, Global Street Lighting Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors of Global Street Lighting Market
• GE Lighting
• Philips
• OSRAM
• Panasonic
• Schneider Electric

Other prominent vendors of Global Street Lighting Market
• Acuity Brands
• Advanced Lighting Technologies
• Bridgelux
• CITIZEN ELECTRONICS
• Eaton
• Cree
• Dialight
• Kingsun Optoelectronic
• Energy Focus
• EVERLIGHT
• Intematix
• LEEDARSON LIGHTING
• Lemnis Lighting
• LG Innotek
• Luminus Devices

Market driver
• Declining manufacturing cost of LED.
• For a full, detailed list, view our report

Market challenge
• Competition from counterfeit products.
• For a full, detailed list, view our report

Market trend
• Government support for infrastructure development.
• For a full, detailed list, view our report

Key questions answered in this report
? What will the Global Street Lighting Market size be in 2021 and what will the growth rate be?
? What are the key of Global Street Lighting Market trends?
? What is driving this Global Street Lighting Market?
? What are the challenges to Global Street Lighting Market growth?
? Who are the key vendors in this Global Street Lighting Market space?
? What are the market opportunities and threats faced by the key vendors?
? What are the strengths and weaknesses of the key vendors?

Browse full table of contents and data tables for Global Street Lighting Market Report @ https://marketsizeforecasters.com/global-street-lighting-market

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