Global Street and Roadway Lighting Market - Comprehensive Coverage of Underlying Economic and Technological Factors Under Key Trend Analysis
Definition:
Street lights are the lights used on the roadsides to
provide light on the roads. Street lighting is an important element for road
maintenance that allows people to continue on the highway securely. Street
lighting systems don't ever bring the same daylight appearance, but will
provide enough light for individuals to see substantial objects attempted to
cross the street. Street lighting plays a major role in decreasing the threat
of night-time accidents.
Analysis of Global Street and Roadway
Lighting Market report:
Global street and roadway lighting market is to register a substantial CAGR of 6.3 % in the
forecast period of 2019-2026. The report contains data from the base year of
2018 and the historic year of 2017. The rise in the market value can be
attributed development of modernization and infrastructure to improve the
visibility and safety,
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Market Drivers:
·
Improvement of chauffeurs, riders and pedestrian’s visibility
and safety is driving the growth of the market
·
Development of modernization and infrastructure, such as
smart cities is propelling the growth of the market
·
Need for efficient power lighting installation is boosting
the growth of the market
·
Increasing supply in street lighting technologies for smart
methods is contributing to the growth of the market
Market Restraints:
·
Absence of alertness about the reimbursement duration
·
Huge accession charge of Smart Lighting
Leading Key players profiled in this
report are:
Few of the major competitors currently working in the Global
Street and Roadway Lighting Market are Koninklijke
Philips N.V., Cree, Inc., GENERAL ELECTRIC, Eaton, OSRAM GmbH, ACUITY BRANDS
LIGHTING, INC., Hubbell., Dongguan Kingsun Optoelectronic Co., Ltd., Thorn, LED
ROADWAY LIGHTING LTD, Syska, Virtual Extension, CIMCON Lighting, Inc., AGC Lighting, Electrolite Fitting &
Equipments., Cree Lighting., SpecGrade
LED, LEDVANCE GmbH., SKYLER TEK dba SKYLER LED Lighting, Zhongshan Ledcent
Optoelectronics Technology Co.,Ltd amongst others.
Global Street and Roadway Lighting
Market Segmentation:
By Lighting Type
·
Conventional Lighting
·
Smart Lighting
o
Communication Technology
§
Wired Technology
§
Wireless Technology
By Light Source
·
LEDs
·
Fluorescent Lights
·
HID Lamps
o
Mercury Vapor Lamps (MVL)
o
High-Pressure Sodium (HPS) Lamps
o
Metal Halides and Induction Lamps
By Wattage Type
·
Less Than 50W
·
Between 50W and 150W
·
More Than 150W
By End User
·
Highways
·
Street and Roadways
·
Others
o
Bridges
o
Tunnels
By Offering
·
Hardware
o
Lights and Bulbs
o
Luminaires
o
Control Systems
·
Software
·
Services
o
Pre-Installation
o
Post-Installation
By Geography
·
North America
·
South America
·
Europe
·
Asia-Pacific
Competitive Analysis:
Global Street
and Roadway Lighting Market is highly fragmented and the major players have
used various strategies such as new product launches, expansions, agreements,
joint ventures, partnerships, acquisitions, and others to increase their
footprints in this market. The report includes market shares of Street and
Roadway Lighting Market for global, Europe, North America, Asia-Pacific, South
America and Middle East & Africa.
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The Global Street and Roadway Lighting Market report
provides the global market size of the main players in each region. Moreover,
the report provides knowledge of the leading markets players within the Global
Street and Roadway Lighting Market. The industry changing factors for the
market segments are explored in this report.
This analysis report covers the growth factors of the worldwide market
based on end-users. Market opportunities and recommendations for new
investments are also encompassed in this report.
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