Global LED Road Lighting Market Growth 2024-2030

Global LED Road Lighting Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global LED Road Lighting market size was valued at US$ million in 2023. With growing demand in downstream market, the LED Road Lighting is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.

The research report highlights the growth potential of the global LED Road Lighting market. LED Road Lighting are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of LED Road Lighting. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the LED Road Lighting market.

This report studies the LED Road Lighting market. An LED road light is an integrated light that uses light emitting diodes (LED) as its light source. These are considered integrated lights because, in most cases, the luminaire and the fixture are not separate parts. In manufacturing, the LED light cluster is sealed on a panel and then assembled to the LED panel with a heat sink to become an integrated lighting fixture.



Different designs have been created that incorporate various types of LEDs into a light fixture. Either few high-power LEDs or many low-power LEDs may be used. The shape of the LED road light depends on several factors, including LED configuration, the heat sink used with the LEDs and aesthetic design preference.

Heat sinks for LED road lights are similar in design to heat sinks used to cool other electronics such as computers. Heat sinks tend to have as many grooves as possible to facilitate the flow of hot air away from the LEDs. The area of heat exchange directly affects the lifespan of the LED road light.



The lifespan of an LED road light is determined by its light output compared to its original design specification. Once its brightness decreases by 30 percent, an LED road light is considered to be at the end of its life.



Most LED road lights have a lens on the LED panel, which is designed to cast its light in a rectangular pattern, an advantage compared to traditional street lights, which typically have a reflector on the back side of a high-pressure sodium lamp. In this case, much of the luminance of the light is lost and produces light pollution in the air and surrounding environment. Such street lights can also cause glare for drivers and pedestrians.



A drawback of LED focus panels is that most light is directed to the road, and less light to the footpaths and other areas. This can be addressed by the use of specialized lens design and adjustable mounting spigots.

Key Features:

The report on LED Road Lighting market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the LED Road Lighting market. It may include historical data, market segmentation by Type (e.g., <100W, 100-150W), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the LED Road Lighting market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the LED Road Lighting market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the LED Road Lighting industry. This include advancements in LED Road Lighting technology, LED Road Lighting new entrants, LED Road Lighting new investment, and other innovations that are shaping the future of LED Road Lighting.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the LED Road Lighting market. It includes factors influencing customer ' purchasing decisions, preferences for LED Road Lighting product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the LED Road Lighting market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting LED Road Lighting market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the LED Road Lighting market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the LED Road Lighting industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the LED Road Lighting market.

Market Segmentation:

LED Road 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.

Segmentation by type
<100W
100-150W
>150W

Segmentation by application
Highway
Arterial Road
Subsidiary Road& Residential Streets
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cree
LEOTEK
Hubbell
Acuity Brands
LSI Industries Inc
GE Lighting
Philips Lighting
Eaton Cooper
Osram
Kingsun
Revolution Lighting
Excellence Optoelectronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global LED Road Lighting market?

What factors are driving LED Road Lighting market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do LED Road Lighting market opportunities vary by end market size?

How does LED Road Lighting break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.