Global Street Lighting Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Street Lighting Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Street Lighting market size was valued at USD 9301.6 million in 2023 and is forecast to a readjusted size of USD 11710 million by 2030 with a CAGR of 3.3% during review period.

A street light, light pole, lamppost, street lamp, light standard, or lamp standard is a raised source of light on the edge of a road or path. When urban electric power distribution became ubiquitous in developed countries in the 20th century, lights for urban streets followed, or sometimes led. Many lamps have light-sensitive photocells that activate automatically when light is or is not needed: dusk, dawn, or the onset of dark weather. This function in older lighting systems could have been performed with the aid of a solar dial. Many street light systems are being connected underground instead of wiring from one utility post to another.

The global street lighting market is expected to witness considerable growth in the coming years due to the rising support from the governments of several countries across the globe. Government initiatives such as subsidies and discounts for the adoption of solar lighting help improve the living conditions of individuals. Countries in Asia and Africa have already introduced several schemes to improve street lighting. Moreover, there is also in increased partnership between international organizations, local governments, and regional NGOs to improve street lighting systems, which will subsequently drive the growth of the market.

The Global Info Research report includes an overview of the development of the Street Lighting industry chain, the market status of Highways (Traditional Lighting, LED Lighting), Roadways (Traditional Lighting, LED Lighting), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Street Lighting.

Regionally, the report analyzes the Street Lighting markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Street Lighting market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Street Lighting market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Street Lighting industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Traditional Lighting, LED Lighting).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Street Lighting market.

Regional Analysis: The report involves examining the Street Lighting market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Street Lighting market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Street Lighting:

Company Analysis: Report covers individual Street Lighting manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Street Lighting This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Highways, Roadways).

Technology Analysis: Report covers specific technologies relevant to Street Lighting. It assesses the current state, advancements, and potential future developments in Street Lighting areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Street Lighting market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Street Lighting market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Traditional Lighting
LED Lighting

Market segment by Application
Highways
Roadways

Major players covered
GE Lighting
OSRAM
Panasonic
Acuity Brands
Cree

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Street Lighting product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Street Lighting, with price, sales, revenue and global market share of Street Lighting from 2019 to 2024.

Chapter 3, the Street Lighting competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Street Lighting breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Street Lighting market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Street Lighting.

Chapter 14 and 15, to describe Street Lighting sales channel, distributors, customers, research findings and conclusion.