Global LED street lighting Market Insights, Forecast to 2025
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.
The LED street lighting market was valued at 240 Million US$ in 2018 and is projected to reach 290 Million US$ by 2025, at a CAGR of 2.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for LED street lighting.
This report presents the worldwide LED street lighting market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Cree
LEOTEK
Hubbell
Acuity Brands
LSI Industries
GE Lighting
Philips Lighting
Eaton(Cooper)
Osram
Kingsun
Revolution Lighting
Excellence Optoelectronics
LED street lighting Breakdown Data by Type
<100W
100-150W
>150W
LED street lighting Breakdown Data by Application
Highway
Arterials
Subsidiary Road& Residential Streets
Other
LED street lighting Production by Region
United States
Europe
China
Japan
Other Regions
LED street lighting Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global LED street lighting status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key LED street lighting manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of LED street lighting :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of LED street lighting market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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.
The LED street lighting market was valued at 240 Million US$ in 2018 and is projected to reach 290 Million US$ by 2025, at a CAGR of 2.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for LED street lighting.
This report presents the worldwide LED street lighting market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Cree
LEOTEK
Hubbell
Acuity Brands
LSI Industries
GE Lighting
Philips Lighting
Eaton(Cooper)
Osram
Kingsun
Revolution Lighting
Excellence Optoelectronics
LED street lighting Breakdown Data by Type
<100W
100-150W
>150W
LED street lighting Breakdown Data by Application
Highway
Arterials
Subsidiary Road& Residential Streets
Other
LED street lighting Production by Region
United States
Europe
China
Japan
Other Regions
LED street lighting Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global LED street lighting status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key LED street lighting manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of LED street lighting :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of LED street lighting market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
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