LED street lighting market to accumulate USD 282.3 Million over 2019-2025

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Global LED street lighting market had reached a valuation of 256.8 Million USD in the year 2019 and is likely to record a CAGR of 2.4 % during 2019-2025, subsequently accounting for 282.3 Million USD by 2025.

LED street lighting Market

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The latest LED street lighting market research report encompasses a detailed analysis of the factors will impel and impede the industry growth in the coming years. Moreover, the report lists out the opportunities across the various geographies and also weighs the associated risks for a stronger realization of the top revenue prospects over the forecast period.

LED street lighting Market Report Coverage
Report Covrage Details
Base Year: 2019
Market Size in 2019: 256.8 Million (USD)
Forecast Year: 2025
Forecast Value: 282.3 Million (USD)
CAGR: 2.4%
By Application: Highway, Arterials, Subsidiary Road& Residential Streets, Other
By Product: <100W, 100-150W, >150W
By Key Players: Cree, Eaton(Cooper), Acuity Brands, LEOTEK, Philips Lighting, Hubbell, Kingsun, GE Lighting, LSI Industries, Osram, Revolution Lighting, Excellence Optoelectronics

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Executive Summary:

The LED street lighting market research report provides a complete examination of this industry with regards to key factors driving market growth, as well as the ones hampering it. Moreover, it identifies the key opportunities and makes predictions for the performance of the marketplace during 2019-2025.

Expert analysts cite that the LED street lighting market is projected to grow at a yearly rate of 2.4% during the forecast period.

The report also includes information about regional markets, competitive landscape and factors affecting the sub-markets. Furthermore, it scrutinizes the effects of the pandemic on market valuation and growth.

Market Overview:

Geographical analysis snapshot

  • The report provides information about economic conditions of the major countries and their impact on overall market growth in the forecast period.
  • Regional market share and consumption growth rate are included in the report as well.

Product terrain overview

  • The report segregates the product gamut of the LED street lighting industry into <100W, 100-150W, >150W.
  • Market share captured by each product type is given in the report.
  • The document also includes detailed data about pricing, market share of and revenue of each product category.

Application scope rundown

  • The application range of the LED street lighting market is classified into IIII.
  • Predictions about consumption share and valuation of each application type over the forecast period is cited in the report.
  • Market share secured by each application type is also documented.

Competitive landscape outline

  • Key companies defining the competitive landscape of the LED street lighting market are Cree, Eaton(Cooper), Acuity Brands, LEOTEK, Philips Lighting, Hubbell, Kingsun, GE Lighting, LSI Industries, Osram, Revolution Lighting, Excellence Optoelectronics.
  • The report includes exhaustive information about the products offered by these companies, their pricing model, modes of distribution, and areas of operation.
  • Statistical data regarding pricing model, revenue generated, sales, and gross margins of leading companies are hosted in the study.
  • Particulars about mergers, acquisitions, collaborations, investments, partnerships, and entry of new firms are also incorporated in the report.

Frequently Asked Questions (FAQ) :

LED street lighting market size is expected to grow at a CAGR of 2.4% over the forecast period.
The registered VALUE Million USD for LED street lighting market was 256.8 Million USD in 2019.
According to report, LED street lighting market size is estimated to be pegged at 282.3 Million USD by 2025.

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