AndeanWire

LED Street Light Market | LED street lighting Market | Market Trends and Growth by 2024

Written by admin

LED street lighting Market 2019-2024

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.

Because LED technology is advancing so rapidly, utility companies and municipalities may have concerns that systems purchased today will become obsolete or will not be compliant with future upgrades. Reputable manufacturers however are making their LED street light offerings future-proof by designing them with replaceable modules that can be swapped out as technology improves. As well, the Department of Energy’s model specification for roadway luminaires contains an optional clause that requires the luminaire/driver to be able to accept a control signal and dim for future control. Finally, once one community, utility or State successfully implements an LED street lighting system, it paves the way for others to follow.

Get a Free Sample Copy of this Report @ https://www.planetmarketreports.com/report-sample/led-street-lighting-market-2019-2024

According to this study, over the next five years the LED street lighting market will register a 2.4% CAGR in terms of revenue, the global market size will reach US$ 270 million by 2024, from US$ 240 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in LED street lighting business, shared in Chapter 3.

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.

This study considers the LED street lighting value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

<100W
100-150W
>150W

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Highway
Arterials
Subsidiary Road& Residential Streets
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Get More Information about this Report and TOC @ https://www.planetmarketreports.com/reports/led-street-lighting-market-2019-2024

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Cree
LEOTEK
Hubbell
Acuity Brands
LSI Industries
GE Lighting
Philips Lighting
Eaton Cooper
Osram
Kingsun
Revolution Lighting
Excellence Optoelectronics

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global LED street lighting consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of LED street lighting market by identifying its various subsegments.
Focuses on the key global LED street lighting manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the LED street lighting with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of LED street lighting submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Please let us know your requirements and we can provide custom report accordingly.

Tags:  , LED Street Light Industry, LED Street Light market Analysis, LED Street Light market growth, LED Street Light market trends, LED street light, LED Street Light Applications, LED Street Light Brands, LED Street Light Companies, LED Street Light Cost, LED Street Light Design, LED Street Light Machine, LED Street Light Manufacturers, LED Street Light market, LED Street Light Market Forecast, LED Street Light Market News, LED Street Light Market Report, LED Street Light Market Research, LED Street Light Market Share, LED Street Light Market Size, LED Street Light Market Structure, LED Street Light Material, LED Street Light Service, LED Street Light Suppliers, LED Street Light Technology, LED Street Light Types, LED Street Lighting, LED Street Lighting Applications, LED Street Lighting Brands, LED Street Lighting Companies, LED Street Lighting Cost, LED Street Lighting Design, LED street lighting Industry, LED Street Lighting Machine, LED Street Lighting Manufacturers, LED Street Lighting Market, LED street lighting Market Analysis, LED street lighting Market Forecast, LED street lighting Market Growth, LED Street Lighting Market News, LED Street Lighting Market Report, LED Street Lighting Market Research, LED street lighting Market Share, LED street lighting Market Size, LED Street Lighting Market Structure, LED street lighting Market Trends, LED Street Lighting Material, LED Street Lighting Service, LED Street Lighting Suppliers, Led Street Lighting Types

See Website: http://www.planetmarketreports.com/enquire-now/led-street-lighting-market-2019-2024
Contact Information:
Name: Jennifer Daniel
Email-Id: sales@planetmarketreports.com
US:
+1-716-2260907
UK: +447441952057
Organization: Planet Market Reports

Tags:
Wire, Research Newswire, Press Release, Venture Capital, Private Companies, South America, North America, United States, Latin America, United Kingdom, Europe, Africa, Asia, Middle East, English

image

Source: IcrowdNewsWire

About the author

admin