LED Street Light Market Growing Popularity and Emerging Trends to 2030

1. Market Research Report EXCLUSIVE EDITION Global LED Street Light Market Research Report Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

2. Global LED Global LED Street Light Market Street Light Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 416, East Standsberry Street, Perkins, Oklahoma 74059, USA EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

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5. LED Street Light Market will reach at USD 6.1 billion by 2025 LED street light market has significant growth scope and is expected to reach USD 6.1 billion by 2025. The reports forecast the LED street light market by power, end-use industry, and region. It highlights COVID-19 impact on the LED street light industry. Description Description LED Street Light Market: by Power (Less Than 50W, 50 LED Street Light Market: by Power (Less Than 50W, 50- -150W, and More than 150W), End Hospitality, Outdoor, Offices, Architectural, Residential, and Industrial), and by Region Hospitality, Outdoor, Offices, Architectural, Residential, and Industrial), and by Region – – Global Industry Sizing, Growth, Tren Opportunity, and Forecast (2020 Opportunity, and Forecast (2020– –2025) 2025) 150W, and More than 150W), End- -Use Industry (Retrofit, Retail & Global Industry Sizing, Growth, Trend, Use Industry (Retrofit, Retail & d, The LED street light market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating in the global market. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region wise and segment-wise market share/growth analysis. The report's study will outlook one of the most exhaustive analyses of the market, capturing all the aspects of the LED street light industry. Get Full PDF Sample Copy of Report: Get Full PDF Sample Copy of Report:https://www.marketstatsville.com/request https://www.marketstatsville.com/request- -sample/led usd usd- -6 6- -1 1- -billion billion- -by by- -2025 2025 sample/led- -street street- -light light- -market market- -will will- -reach reach- -at at- - © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

6. LED Street Light Market Overview During the forecast period, 2020-2025, the LED street light market is projected to register a CAGR of 13% and is valued at USD 3.4 billion in 2019. The retrofitting industry is gaining traction over the other end- use industries across the globe. Further, the trend of combining street lights with energy-efficient, modern LED systems have created various possibilities for creating a secure and linked city lighting network. This aspect will augment the global LED street light market over the forecast period. Factors affecting the LED Street Light Market over the forecast period •The rising environmental issues and the growing demand for eco-friendly products drive the global LED Street light market. The primary reasons for driving the market are the growth and development of smart cities. •Moreover, rapid technological innovations are further boosting the LED street light market growth globally. Reductions also improve market growth in production costs and modifications inefficiency and high-performance features. •Governments around the world have taken numerous steps to encourage LED Street Lights. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

7. •Additionally, a worldwide change from conventional lighting systems is also having a positive effect on market growth. Reducing prices of LEDs are driving the economy towards growth, along with decreased carbon emissions. Due to multiple features of LED street lighting solutions, such as remote-control scheduling, GPS connectivity, versatile dimming controls, and fault-tolerant, warning notifications LED Street lights are easily adopted. •The high cost of components and the requirement of high capital cost for setting up industry is hampering the market growth. •Moreover, lack of consumer awareness and knowledge and difficult feature architecture and designing are posing major challenges to the global LED street light market. Make an Enquire before Purchase @: https://www.marketstatsville.com/buy-now/led-street-light- market-will-reach-at-usd-6-1-billion-by-2025?opt=2950 Impact of COVID-19 on LED Street Light Market The COVID-19 pandemic has disrupted the global LED street light market, and companies have been forced to restructure their plans to cope with the pandemic. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

8. COVID-19 influences the world economy in three major ways: by impacting production and demand, by disturbing the supply chain and market, and by its financial effect on companies. Owing to manufacturing discrepancies and global economic issues, several companies have delayed their plans. To prevent the spread of coronavirus, workers have either returned to their hometowns or were quarantined. LED Street Light Market: Scope of the Report The report outlines the study of the global LED street light market on the basis of the power and end-use industry. Based on the power, the LED street light market has been segmented into – •Less Than 50W •50-150W •More than 150W Based on the end Based on the end- -use industry, the LED street light market has been segmented into use industry, the LED street light market has been segmented into – – © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

9. •Retrofit •Retail & Hospitality •Outdoor •Offices •Architectural •Residential •Industrial LED Street Light Market: Geographical Outlook Several geographical regions, namely, North America, Asia Pacific, South America, Europe and the Middle East and Africa (MEA), have been segmented into the global LED street light market. North America held the largest revenue market share in the LED street light market in 2019, followed by the Asia Pacific and Europe. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

10. The launch of new and creative technologies to minimize energy consumption and enhance the supply for the longest hours are primarily boosting the LED street light market growth. Moreover, Asia Pacific is expected to account for the highest CAGR globally over the forecast period due to rapid investment from the governments. Request for Complete TOC and Figures & Graphs @ https://www.marketstatsville.com/table-of- content/led-street-light-market-will-reach-at-usd-6-1-billion-by-2025 Key Global LED Street Light Market Competitors The global LED street light market is highly fragmented, with the presence of a large number of small players across the globe. The key players operating in the global LED Street Light market include- •Philips Electronics N.V. •Honeywell international •Osram GmbH © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

11. •Acuity Brands Incorporated •Digital Lumens Incorporated •Lutron Electronics Corporate •Streetlight Vision •Cooper Lighting division •Matsushita Electric Industrial Corporate •Bajaj Electricals •Zumtobel AG (Thorn Lighting) •Signify Holding •Su-Kam Power Systems Limited •Eaton Corporation PLC © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

12. •Hubbell Incorporated Request For Report Description @ https://www.marketstatsville.com/led-street-light-market-will- reach-at-usd-6-1-billion-by-2025 The LED street light market report provides a thorough analysis of macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of segmental/regional outlook with the presence of the market players in the respective segment and region/country. The information concluded in the report includes the inputs. Regional Analysis Includes: •North America (US, Canada, Mexico) •South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America) •Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe) © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

13. •Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific) •The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA LED Street Light Market: Target Audience •LED street light manufacturers •Street light manufacturers •Lighting manufacturers, distributors, and suppliers •Trade publications and magazines •Government authorities, associations, and organizations © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

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