To get success in this competitive market place, businesses consider taking up innovative solutions and market research report is one of them. Objectivity has been kept at the centre while obtaining the best result via this Global Street and Roadway Lighting Market report for industry. The numerical data brought together to produce this report is mostly signified with the graphs, tables and charts which make this report more user-friendly. All these actions also have an effect on the sales, import, export, revenue and CAGR values. Global Street and Roadway Lighting Market report is also wide-ranging which includes market definition, classifications, applications, engagements, market drivers and market restraints that are obtained with the help of SWOT analysis.
Street and roadway lightings are widely used in the urban areas, acts as a source of light on the road. Now a day, these are switching to the LED due to which it results in less cost, low maintenance, less pollution and many more. These are mainly used at highways, street and roadways, bridges and tunnels.
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Global Street and Roadway Lighting Market accounted for USD 7.71 billion in 2016 and is projected to grow at a CAGR of 5.7% during the forecast period of 2017 to 2024.
Major Market Drivers and Restraint:
- Growing development and modernization of infrastructure
- Increasing insights more about usage of LED lights and need of energy efficiency
- Safety concerns for drivers and riders
Table of Contents Global Street and Roadway Lighting Market
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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Global Street and Roadway Lighting Market Statistical Overview Report 2018 gives an outstanding tool for market Survey, openings, and vital key and strategic basic leadership. This report perceives that in this quickly advancing and competitive scenario by up-coming data on the basis of research execution and settled on basic choices for development and benefit. It gives data on Latest trends and advancements and sheds light on various sectors, limitations and advancements, and on the evolving structure of the market.
The 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.
Top Key Players:
Some of the major players in global street and roadway lighting market include:-
- Koninklijke Philips N.V.,
- GENERAL ELECTRIC,
- Hubbell Incorporated,
- Cree Inc.,
- SYSKA LED,
- Acuity Brands Lighting Inc.,
- Dongguan Kingsun Optoelectronic Co. Ltd.,
- WS Atkins plc,
- Lighting Reality,
- Forus Electric and
- MMA Lighting Consultancy Ltd.
- among others.
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