Global Street Lighting Market to Grow at a CAGR of 4.47% during the period 2017-2021.
Big Market Research has added a report, titled, “Global Street Lighting Market 2017-2021.” The report provides a detailed information and analysis of production, revenue, drivers & opportunities, key manufacturers, and competitive landscape. Furthermore, current market trends and growth opportunities are discussed along with extensive analysis of each segment for the historic period, 2011–2017 and the forecast period, 2017–2021.
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ABSTRACT
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.
Big Market Research analysts forecast the global street lighting market to grow at a CAGR of 4.47% during the period 2017-2021.
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
Big Market 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
- GE Lighting
- Philips
- OSRAM
- Panasonic
- Schneider Electric
Other prominent vendors
- 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
- TOYODA GOSEI
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 market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Key market highlights
PART 05: Industry overview
PART 06: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 07: Technology overview
PART 08: Market segmentation by type
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