Market Research Report
Global Street Lighting Market 2020-2024
|Global Street Lighting Market 2020-2024|
Published: November 30, 2020
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the street lighting market and it is poised to grow by $ 1.47 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on street lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing number of highway expansion projects and increasing government support. In addition, increasing number of highway expansion projects is anticipated to boost the growth of the market as well.
The street lighting market analysis includes technology segment and geographical landscapes
Technavio's street lighting market is segmented as below:
By Geographical Landscapes
This study identifies the declining manufacturing cost of LED as one of the prime reasons driving the street lighting market growth during the next few years.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our street lighting market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading street lighting market vendors that include Acuity Brands Inc., Dialight Plc, Eaton Corporation Plc, Everlight Electronics Co. Ltd., General Electric Co., Koninklijke Philips NV, OSRAM Licht AG, Panasonic Corp., Schneider Electric SE, and Tendrils Holding BV. Also, the street lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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 an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.