Global Street and Roadway Lighting Market – Industry Trends and Forecast to 2026

  • Semiconductors and Electronics
  • Upcoming Reports
  • Aug 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Street and Roadway Lighting Market By Lighting Type (Conventional Lighting, Smart Lighting), Light Source (LEDs, Fluorescent Lights, HID Lamps), Wattage Type (Less than 50W, Between 50W and 150W, More than 150W), End User (Highways, Street and Roadways, Others), Offering (Hardware, Software, Services), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Street and Roadway Lighting Market

Global street and roadway lighting market is to register a substantial CAGR of 6.3 % in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed development of modernization and infrastructure to improve the visibility and safety,

Market Definition: Global Street and Roadway Lighting Market

Street lights are the lights used on the roadsides to provide light on the roads. Street lighting is an important element for road maintenance that allows people to continue on the highway securely. Street lighting systems don't ever bring the same daylight appearance, but will provide enough light for individuals to see substantial objects attempted to cross the street. Street lighting plays a major role in decreasing the threat of night-time accidents.

Market Drivers:

  • Improvement of chauffeurs, riders and pedestrian’s visibility and safety is driving the growth of the market
  • Development of modernization and infrastructure, such as smart cities is propelling the growth of the market
  • Need for efficient power lighting installation is boosting the growth of the market
  • Increasing supply in street lighting technologies for smart methods is contributing to the growth of the market

Market Restraints:

  • Absence of alertness about the reimbursement duration
  • Huge accession charge of Smart Lighting

Segmentation: Global Street and Roadway Lighting Market

By Lighting Type

  • Conventional Lighting 
  • Smart Lighting 

    • Communication Technology

      • Wired Technology
      • Wireless Technology          

By Light Source

  • LEDs 
  • Fluorescent Lights 
  • HID Lamps 

    • Mercury Vapor Lamps (MVL)  
    • High-Pressure Sodium (HPS) Lamps   
    • Metal Halides and Induction Lamps

By Wattage Type

  • Less Than 50W 
  • Between 50W and 150W 
  • More Than 150W

By End User

  • Highways 
  • Street and Roadways 
  • Others

    • Bridges
    • Tunnels

By Offering

  • Hardware             

    • Lights and Bulbs
    • Luminaires
    • Control Systems                         

  • Software  
  • Services

    • Pre-Installation

      • Design and Installation

    •  Post-Installation

      •  Maintenance and Support

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • Italy
    • U.K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market

  • In June 2019, The Smart Street Lighting NY program will be enhanced by the New York Power Authority (NYPA) to include a maintenance option for interested municipalities. The new Smart Street Lighting NY repair and maintenance service program aims to switch the street lights with LED street lighting. The new lighting systems will benefit as the LED lights would provide enhanced security, low carbon emissions, and reduced energy expenses.
  • In January 2018, Norway tests self-dimming street lamps to decrease the energy usage. The technology works using lamp-pole radar detectors to assess whenever the road is in use or otherwise. The lamps immediately reduce the energy to 20 % brightness if the road is vacant. It's very power-saving, good for the environment and price-effective for services and repairs on a long-term level.

Competitive Analysis

Global Street and Roadway Lighting Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Street and Roadway Lighting Market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the Global Street and Roadway Lighting Market are Koninklijke Philips N.V., Cree, Inc., GENERAL ELECTRIC, Eaton, OSRAM GmbH, ACUITY BRANDS LIGHTING, INC., Hubbell., Dongguan Kingsun Optoelectronic Co., Ltd., Thorn, LED ROADWAY LIGHTING LTD, Syska, Virtual Extension, CIMCON Lighting, Inc.,  AGC Lighting, Electrolite Fitting & Equipments.,  Cree Lighting., SpecGrade LED, LEDVANCE GmbH., SKYLER TEK dba SKYLER LED Lighting, Zhongshan Ledcent Optoelectronics Technology Co.,Ltd amongst others.

Research Methodology: Global Street and Roadway Lighting Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


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