Market Overview:
The global LED bollard light market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient lighting solutions and rising awareness about the benefits of LED lights over traditional lighting sources. The global LED bollard light market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into electric, solar, and others. Electric LED bollard lights are expected to account for a major share in terms of revenue in 2018 owing to their high efficiency and longer life span as compared to other types of LED bollard lights. Solar-powered LEDs are gaining popularity due their low installation cost and zero running costs; however, these lights are not suitable for areas with no sunlight or cloudy weather conditions.
Product Definition:
LED Bollard Light is a type of LED Lighting that is used to illuminate outdoor areas. It is typically installed in areas such as parking lots, pathways, and sidewalks. LED Bollard Lights are important because they provide safety and security for people who are walking or driving in these areas. They also create a more inviting environment for people who are visiting these locations.
Electric:
Electric is the usage of electric for lighting, which is done by using a battery to produce an electrical charge. The light produced by the charged particle is used as a source of illumination. It can be seen easily in front of us and it has been there since thousands of years. However, recently with developments in technology; LED Bollard Light has come into existence and it surpasses all expectations regarding brightness and quality.
Solar:
Solar is a renewable energy resource that provides light and electricity to the world. The sun's rays are used to generate electricity by using solar panels or photovoltaic cells. These cells are made up of semiconductor materials such as silicon wafers, which capture and convert the sun's energy into electrical current.
Application Insights:
Based on application, the market has been segmented into walkways, parking lots, building entrances and others. Building entrances were the largest application segment in 2017 and are projected to witness significant growth over the forecast period. Growing urbanization coupled with rising disposable income levels in developing countries such as India and China is expected to drive demand for led bollard light at doorways leading to buildings.
The growing construction industry in emerging markets of Latin America and Asia Pacific is anticipated to propel demand for bollard lights from 2019 onward. In addition, increasing government initiatives towards improving public infrastructure across various regions will further fuel product demand over the next few years.
Regional Analysis:
The market in North America is expected to witness significant growth over the forecast period owing to increasing government initiatives and investments for improving public infrastructure. The growing trend of smart cities is also expected to drive the bollard light industry in this region. For instance, In 2015, The City of Vancouver announced a plan for LED lighting retrofit project across 682 streetlights at a cost of USD X million. This initiative is anticipated to reduce energy consumption by 2032 by more than 25%.
Asia Pacific led the global market with China accounting for over 50% share of total exports from Asia Pacific countries globally. Increasing construction activities due to rapid urbanization and rising population are some factors driving demand from China where there has been an increase in spending on infrastructure development from USD X billion (EUR 110 billion)in 2014to around USD X billion (EUR 135 billion)by 2020-21 as per World Bank estimates.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Technological advancements in LED lighting technology
- Growing demand for outdoor LED lighting applications
- Declining prices of LED bulbs and fixtures
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Bollard Light Market Research Report
By Type
Electric, Solar, Others
By Application
Walkways, Parking Lots, Building Entrances, Others
By Companies
Philips Lighting, Cree Lighting, RAB Lighting, MaxLite, Yuyao Yangming Lighting, Schtlite, Louis Poulsen, Liteharbor Lighting Technology, Lumca, Changshun Electronic Factory, H.E. Williams
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global LED Bollard Light Market Report Segments:
The global LED Bollard Light market is segmented on the basis of:
Types
Electric, Solar, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Walkways, Parking Lots, Building Entrances, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips Lighting
- Cree Lighting
- RAB Lighting
- MaxLite
- Yuyao Yangming Lighting
- Schtlite
- Louis Poulsen
- Liteharbor Lighting Technology
- Lumca
- Changshun Electronic Factory
- H.E. Williams
Highlights of The LED Bollard Light Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric
- Solar
- Others
- By Application:
- Walkways
- Parking Lots
- Building Entrances
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LED Bollard Light Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LED Bollard Light is a type of street light that uses LED lights to provide illumination. These lights are typically used in areas where there is a high demand for lighting, such as near intersections or at busy pedestrian crossings.
Some of the major players in the led bollard light market are Philips Lighting, Cree Lighting, RAB Lighting, MaxLite, Yuyao Yangming Lighting, Schtlite, Louis Poulsen, Liteharbor Lighting Technology, Lumca, Changshun Electronic Factory, H.E. Williams.
The led bollard light market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Bollard Light Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LED Bollard Light Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED Bollard Light Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LED Bollard Light Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LED Bollard Light Market Size & Forecast, 2020-2028
4.5.1 LED Bollard Light Market Size and Y-o-Y Growth
4.5.2 LED Bollard Light Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electric
5.2.2 Solar
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Walkways
6.2.2 Parking Lots
6.2.3 Building Entrances
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED Bollard Light Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LED Bollard Light Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electric
9.6.2 Solar
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Walkways
9.10.2 Parking Lots
9.10.3 Building Entrances
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electric
10.6.2 Solar
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Walkways
10.10.2 Parking Lots
10.10.3 Building Entrances
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electric
11.6.2 Solar
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Walkways
11.10.2 Parking Lots
11.10.3 Building Entrances
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electric
12.6.2 Solar
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Walkways
12.10.2 Parking Lots
12.10.3 Building Entrances
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electric
13.6.2 Solar
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Walkways
13.10.2 Parking Lots
13.10.3 Building Entrances
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LED Bollard Light Market: Competitive Dashboard
14.2 Global LED Bollard Light Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips Lighting
14.3.2 Cree Lighting
14.3.3 RAB Lighting
14.3.4 MaxLite
14.3.5 Yuyao Yangming Lighting
14.3.6 Schtlite
14.3.7 Louis Poulsen
14.3.8 Liteharbor Lighting Technology
14.3.9 Lumca
14.3.10 Changshun Electronic Factory
14.3.11 H.E. Williams
