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Street Lighting Market by Growth, Trend Analysis, Gross Margin Analysis, Cost Structure Analysis, Size and Forecast to 2021

Street Lighting

The Street Lighting Market report 2017-2021 deeply analyses significant features in major developing markets. The analysis includes market size, latest trends, drivers, threats, opportunities, as well as key market segments. The study reveals market dynamics in several geographic segments along with Street Lighting market analysis for the current market environment and future scenario over the forecast period. The report also contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Industry experts project Street Lighting market to grow at a CAGR of 4.47% during the period 2017-2021. It also talks about the market size of different segments and their growth aspects.

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About Street Lighting

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 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.

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

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

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Key Players

  • GE Lighting
  • Philips
  • OSRAM
  • Panasonic
  • Schneider Electric
  • 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
  • NICHIA
  • NVC Lighting Technology
  • Seoul Semiconductor
  • and TOYODA GOSEI.
  •  

    The Street Lighting Market report also covers all the regions and countries of the world, which shows a regional development status. Regional Segmentation:

    • North America (U.S., Canada, Mexico)
    • Europe (Germany, U.K., France, Italy, Russia, Spain, etc.)
    • Asia-Pacific (China, India, Japan, Southeast Asia, etc.)
    • South America (Brazil, Argentina, etc.)
    • Middle East & Africa (Saudi Arabia, South Africa, etc.)

    The objective of this Street Lighting market research report is: –

    • To provide actionable intelligence alongside the market size of various segments.
    • To detail major factors influencing the market (drivers, opportunities, industry-specific challenges, and other critical issues).
    • To determine the geographic breakdown of the market in terms of detailed analysis and impact.
    • To analyze business dimensions with an eye on individual growth trends and contribution of upcoming market segments.
    • To track the competitive landscape of the market.

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    In the next part of the Street Lighting market research report, development policies and plans are discussed. This report also states growing domain, production and revenue by regions. The Street Lighting Market forecast to 2021 Considering Market Size, Sales, Revenue, Growth rate, Price and Trends for Regions, Types, and Applications is also provided.

     

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