Global LED Street Lighting Market Growth 2023-2029

Global LED Street Lighting Market Growth 2023-2029

An LED street 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.

LPI (LP Information)' newest research report, the “LED Street Lighting Industry Forecast” looks at past sales and reviews total world LED Street Lighting sales in 2022, providing a comprehensive analysis by region and market sector of projected LED Street Lighting sales for 2023 through 2029. With LED Street Lighting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Street Lighting industry.

This Insight Report provides a comprehensive analysis of the global LED Street Lighting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LED Street Lighting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LED Street Lighting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Street Lighting and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LED Street Lighting.

The global LED Street Lighting market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In United States, LED Street Lighting key players include Cree, Hubbell, Acuity Brands, LEOTEK, etc. Global top four manufacturers hold a share nearly 55%.

The Middle Atlantic is the largest market, with a share over 20%, followed by The South, and The West, both have a share over 35 percent.

In terms of product, Below 100W is the largest segment, with a share about 45%. And in terms of application, the largest application is Arterials, followed by Subsidiary Road and Residential Streets, Highway, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of LED Street Lighting market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Below 100W

100-150W

Over 150W

Segmentation by application

Highway

Arterials

Subsidiary Road and Residential Streets

Other

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

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 Street Lighting market?

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

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

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

How does LED Street Lighting break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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