The global street and roadway lighting market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for energy-efficient lighting solutions, growing urbanization, and increasing need for safety in public spaces.
The conventional lighting segment accounted for the largest share of the global street and roadway lighting market in 2018. The segment is expected to continue its dominance throughout the forecast period due to its low cost and high efficiency. However, smart lighting is expected to grow at a higher CAGR than conventional lights due to its ability to provide better visibility on roads with less power consumption.
Some Of The Growth Factors Of This Market:
- The need for street and roadway lighting is increasing due to the increase in population, urbanization, and industrialization.
- Street and roadway lighting is a necessity for safety purposes as well as to reduce crime rates.
- Street and roadway lighting can be used to improve the aesthetics of a city or town by highlighting certain features such as monuments or buildings that are important to the community's history or culture.
- Street and roadway lighting can also be used for advertising purposes by illuminating billboards or other advertisements on buildings near highways, which will help businesses advertise their products more effectively than they would otherwise be able to do so without street lights nearby.
- The cost of installing street lights has decreased over time due to technological advancements in LED technology that have made it possible for cities around the world to install LED street lights at a lower cost than traditional high-pressure sodium lamps while still providing better illumination quality than traditional high-pressure sodium lamps.
Industry Growth Insights published a new data on “Street and Roadway Lighting Market”. The research report is titled “Street and Roadway Lighting Market research by Types (Conventional Lighting, Smart Lighting), By Applications (Highways, Street and Roadways, Other), By Players/Companies Koninklijke Philips N.V. (Royal Philips)Â , Cree, General Electric, Eaton, Osram Licht, Acuity Brands, Hubbell, Kingsun Optoelectronic, Thorn Lighting, LED Roadway Lighting, Syska LED, Virtual Extension”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Street and Roadway Lighting Market Research Report
By Type
Conventional Lighting, Smart Lighting
By Application
Highways, Street and Roadways, Other
By Companies
Koninklijke Philips N.V. (Royal Philips)Â , Cree, General Electric, Eaton, Osram Licht, Acuity Brands, Hubbell, Kingsun Optoelectronic, Thorn Lighting, LED Roadway Lighting, Syska LED, Virtual Extension
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Street and Roadway Lighting Market Report Segments:
The global Street and Roadway Lighting market is segmented on the basis of:
Types
Conventional Lighting, Smart Lighting
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
Highways, Street and Roadways, Other
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:
- Koninklijke Philips N.V. (Royal Philips)Â
- Cree
- General Electric
- Eaton
- Osram Licht
- Acuity Brands
- Hubbell
- Kingsun Optoelectronic
- Thorn Lighting
- LED Roadway Lighting
- Syska LED
- Virtual Extension
Highlights of The Street and Roadway Lighting 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:
- Conventional Lighting
- Smart Lighting
- By Application:
- Highways
- Street and Roadways
- Other
- 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 Street and Roadway Lighting 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?
Street and roadway lighting is a type of lighting that is used to illuminate public streets and highways.
Some of the key players operating in the street and roadway lighting market are Koninklijke Philips N.V. (Royal Philips)‚Â , Cree, General Electric, Eaton, Osram Licht, Acuity Brands, Hubbell, Kingsun Optoelectronic, Thorn Lighting, LED Roadway Lighting, Syska LED, Virtual Extension.
The street and roadway lighting market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Street and Roadway Lighting Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Street and Roadway Lighting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Street and Roadway Lighting Market - Supply Chain
4.5. Global Street and Roadway Lighting Market Forecast
4.5.1. Street and Roadway Lighting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Street and Roadway Lighting Market Size (000 Units) and Y-o-Y Growth
4.5.3. Street and Roadway Lighting Market Absolute $ Opportunity
5. Global Street and Roadway Lighting Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Street and Roadway Lighting Market Size and Volume Forecast by Type
5.3.1. Conventional Lighting
5.3.2. Smart Lighting
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Street and Roadway Lighting Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Street and Roadway Lighting Market Size and Volume Forecast by Application
6.3.1. Highways
6.3.2. Street and Roadways
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Street and Roadway Lighting Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Street and Roadway Lighting Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Street and Roadway Lighting Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Street and Roadway Lighting Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Street and Roadway Lighting Demand Share Forecast, 2019-2026
9. North America Street and Roadway Lighting Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Street and Roadway Lighting Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Street and Roadway Lighting Market Size and Volume Forecast by Application
9.4.1. Highways
9.4.2. Street and Roadways
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Street and Roadway Lighting Market Size and Volume Forecast by Type
9.7.1. Conventional Lighting
9.7.2. Smart Lighting
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Street and Roadway Lighting Demand Share Forecast, 2019-2026
10. Latin America Street and Roadway Lighting Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Street and Roadway Lighting Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Street and Roadway Lighting Market Size and Volume Forecast by Application
10.4.1. Highways
10.4.2. Street and Roadways
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Street and Roadway Lighting Market Size and Volume Forecast by Type
10.7.1. Conventional Lighting
10.7.2. Smart Lighting
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Street and Roadway Lighting Demand Share Forecast, 2019-2026
11. Europe Street and Roadway Lighting Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Street and Roadway Lighting Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Street and Roadway Lighting Market Size and Volume Forecast by Application
11.4.1. Highways
11.4.2. Street and Roadways
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Street and Roadway Lighting Market Size and Volume Forecast by Type
11.7.1. Conventional Lighting
11.7.2. Smart Lighting
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-oY Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Street and Roadway Lighting Demand Share, 2019-2026
12. Asia Pacific Street and Roadway Lighting Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Street and Roadway Lighting Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Street and Roadway Lighting Market Size and Volume Forecast by Application
12.4.1. Highways
12.4.2. Street and Roadways
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Street and Roadway Lighting Market Size and Volume Forecast by Type
12.7.1. Conventional Lighting
12.7.2. Smart Lighting
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Street and Roadway Lighting Demand Share, 2019-2026
13. Middle East & Africa Street and Roadway Lighting Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Street and Roadway Lighting Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Street and Roadway Lighting Market Size and Volume Forecast by Application
13.4.1. Highways
13.4.2. Street and Roadways
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Street and Roadway Lighting Market Size and Volume Forecast by Type
13.7.1. Conventional Lighting
13.7.2. Smart Lighting
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Street and Roadway Lighting Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Street and Roadway Lighting Market: Market Share Analysis
14.2. Street and Roadway Lighting Distributors and Customers
14.3. Street and Roadway Lighting Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Koninklijke Philips N.V. (Royal Philips)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cree
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eaton
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Osram Licht
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Acuity Brands
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hubbell
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kingsun Optoelectronic
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Thorn Lighting
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. LED Roadway Lighting
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Syska LED
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Virtual Extension
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
