Global Street Lighting Market 2017-2021

  • ID: 4143983
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Acuity Brands
  • Cree
  • Energy Focus
  • Intematix
  • Lemnis Lighting
  • NICHIA
  • MORE
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.

The 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

The 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.

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 drivers
- Declining manufacturing cost of LED.
- For a full, detailed list, view the full report

Market challenges
- Competition from counterfeit products.
- For a full, detailed list, view the full report

Market trends
- Government support for infrastructure development.
- For a full, detailed list, view the full 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?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Acuity Brands
  • Cree
  • Energy Focus
  • Intematix
  • Lemnis Lighting
  • NICHIA
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
  • Comparison between LEDs, incandescent bulbs, and CFLs
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by technology
  • Market overview
  • Traditional technology
  • LED technology
PART 07: Geographical segmentation
  • APAC
  • EMEA
  • Americas
PART 08: Decision framework
  • PART 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 10: Market trends
  • Government support for infrastructure development
  • Advances in lighting technology
  • Growing dominance of off-grid segment
PART 11: Vendor landscape
  • Competitive scenario
  • Vendor landscape
  • Other prominent vendors
PART 12: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Light output of LEDs, incandescent bulbs, and CFLs
Exhibit 02: Efficiency and cost of LEDs, incandescent bulbs, and CFLs
Exhibit 03: Comparison of CFL and LED
Exhibit 04: Global street lighting market segmentation
Exhibit 05: Global street lighting market 2016-2021 ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Global street lighting market by technology
Exhibit 08: Global street lighting market by technology 2016-2021 (% share)
Exhibit 09: Global street lighting market by technology 2016-2021 ($ billions)
Exhibit 10: Global street lighting market by traditional technology 2016-2021 ($ billions)
Exhibit 11: Global street lighting market by LED technology 2016-2021 ($ billions)
Exhibit 12: Global street lighting market segmentation by geography 2016-2021
Exhibit 13: Global street lighting market segmentation by geography 2016-2021 ($ billions)
Exhibit 14: Manufacturing cost of LED 2012-2020 ($/kilo lumen)
Exhibit 15: ASP of lighting technologies 2012-2016 ($)
Exhibit 16: Global electrification rate 2014
Exhibit 17: Impact of drivers
Exhibit 18: Comparison of BRIC nation import duties 2016
Exhibit 19: Impact of challenges
Exhibit 20: Other prominent vendors
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FEATURED COMPANIES

  • Acuity Brands
  • Cree
  • Energy Focus
  • Intematix
  • Lemnis Lighting
  • NICHIA
  • MORE
New Report Released: – Global Street Lighting Market 2017-2021

The author of the report recognizes the following companies as the key players in the global street lighting market: GE Lighting, Philips, OSRAM, Panasonic, and Schneider Electric.

Other Prominent Vendors in the market are: 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, and TOYODA GOSEI.

Commenting on the report, an analyst from the research team said: “One trend in market is government support for infrastructure development. A smart city integrates multiple communication and information technology solutions to improve the economic growth and the quality of life. To achieve this, governments are investing in technologies for open data platforms, climate action plans, water management, smart street lighting, smart grids, urban mobility, and smart parking. For instance, smart city projects across the world include the US Smart Cities Initiative, Indian Smart Cities Mission, the Dubai Plan 2021, and many other projects in the UK, Asia, and Africa.”

According to the report, one driver in market is upcoming major events. The FIFA World Cup 2018 will be hosted by Russia. The Russian government has allocated $25 billion for the installation of LED flood lights and other high power outdoor lighting for nearly 30 large sports stadia. There will be growth in demand for flood lights and other commercial lighting due to the construction of athletes' village and upgrade of infrastructures like roads, hotels and tourist facilities, and commercial complexes. Such architectural developments are expected to drive the adoption of general lighting sources, especially LED lighting systems, and boost the demand for local lighting products. This will increase the demand for LEDs in the architectural and commercial lighting segments.

Further, the report states that one challenge in market is high penetration of traditional lighting sources. Traditional lighting sources such as incandescent, LFL, CFL, and halogen lamps have high penetration in the industrial sector compared with LED lights because these light technologies were the first to enter the market. Thus, the adoption of LED lights will be low till 2017 because it will take time to replace these traditional lighting systems. Sales of incandescent bulbs and high-power lighting sources will decline because of government initiatives. Government regulations will increase the sales of LED lamps due to their high efficiency and low greenhouse effect.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • GE Lighting
  • Philips
  • OSRAM
  • Panasonic
  • Schneider Electric
  • 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
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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