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
LED Street Light Market: by Power (Less Than 50W, 50-150W, and More than 150W), End-Use Industry (Retrofit, Retail & Hospitality, Outdoor, Offices, Architectural, Residential, and Industrial), and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025)
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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.
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.
- 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.
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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. 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-use industry, the LED street light market has been segmented into –
- 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. 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.
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
- 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
Browse complete report@ https://www.marketstatsville.com/led-street-light-market-will-reach-at-usd-6-1-billion-by-2025
About US:
Market Statsville Group (MSG) is a full-service market research and business consulting platform of Statsville Consulting Private Limited, based in Oklahoma, USA. MSG is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in the form of market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing a variety of customizable data that help you make decisions with clarity, confidence, and impact. MSG has an entire repository of research reports on more than 2,000 niche industries and more than 12,000 company profiles
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Contact US:
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Corporate Sales Specialist, USA
Market Statsville Group
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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
LED Street Light Market: by Power (Less Than 50W, 50-150W, and More than 150W), End-Use Industry (Retrofit, Retail & Hospitality, Outdoor, Offices, Architectural, Residential, and Industrial), and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025)
Get Free Sample Copy @ https://www.marketstatsville.com/request-sample/led-street-light-market-will-reach-at-usd-6-1-billion-by-2025
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.
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.
- 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.
Get full report in 24 hours in your inbox @ https://www.marketstatsville.com/led-street-light-market-will-reach-at-usd-6-1-billion-by-2025
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. 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-use industry, the LED street light market has been segmented into –
- 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. 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.
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
- 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
Browse complete report@ https://www.marketstatsville.com/led-street-light-market-will-reach-at-usd-6-1-billion-by-2025
About US:
Market Statsville Group (MSG) is a full-service market research and business consulting platform of Statsville Consulting Private Limited, based in Oklahoma, USA. MSG is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in the form of market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing a variety of customizable data that help you make decisions with clarity, confidence, and impact. MSG has an entire repository of research reports on more than 2,000 niche industries and more than 12,000 company profiles
Contact Information:
Contact US:
Eric Martin
Corporate Sales Specialist, USA
Market Statsville Group
USA: +1-580-205-2707 | India: +91-702-496-8807
Email: [email protected]
Web: https://marketstatsville.com/
The Global Home Healthcare Market Size is estimated to be over USD 645 billion by 2025.
Global home healthcare market is expected to grow at a CAGR of 8.7% during the forecast period.Download Sample @ https://www.adroitmarketresearch.com/contacts/request-sample/540 Advancements in the medical field have led to an increase in life expectancy of people, with more number of people exceeding the average age of 50 years.
The regional market of global home healthcare is segmented as North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy, Russia, Rest of Europe), Asia Pacific (China, Japan, India, Korea, Southeast Asia and Rest of Asia-Pacific) and South America, Middle-Eats & Africa (Brazil, Egypt, Saudi Arabia, South Africa, Nigeria, and Rest of the World).
In , North America dominated the global home healthcare market and is expected to retain its dominance during the forecast period from 2019-2025.3M Healthacre, Bayer, Roche, Abbot Laboratories and others are some of the leading players having a presence in the global home healthcare market.
In order to increase their flexibility and the willingness to adapt products in response to customer feedback, companies are making using of technology to become more customer centricAbout Us:Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018.
Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry.
Market Overview:Frozen pizza is a half-baked dish prepared by flatbread dough which is topped with tomatoes, cheese, meat, vegetables and fruits.
Frozen pizza is usually stored at low level i.e 0 degrees for later consumption.
Frozen pizza have a longer shelf life due to its low temperature condition and preservatives used for increasing the shelf-life.
The frozen pizza comes with a wide range of varieties and toppings, which is driving the consumers for frozen pizza over conventional pizza.Market Forecast:Frozen pizza is a better alternative for conventional pizza owing to ease of preparation and similar taste like a fresh pizza.
below 0 degrees for latter consumption.
Frozen food products including pizza’s has a high demand over the conventional pizza’s owing to consumer awareness for frozen foods.
Home Automation System Market 2021-2027New Study Reports " The Global Home Automation System Market Industrial Analysis, Market Dynamics, Growth Analysis, Regional Analysis, Size, Share, and Forecast 2021- 2027" has been Added on MarketResearchFuture.Market OverviewThe study of market analysis of the global Home Automation System market focuses on the key elements and the market dynamics of a specific market within that particular industry.
The survey report analyses the elements, such as the strengths, weaknesses, opportunities, and threats of every individual manufacturing company.
With the help of the report analysis, every new or established manufacturer can gain knowledge about the business strategies and planning by the significant key marketers who are having a strong base.
The documentation is prepared by investigating the company’s activities related to their planning, decision making, purchase, capital investment, innovation, workforce, business expansion strategy, facility expansion, promotional activities, and many other aspects of a company.Market Dynamics of The Global Home Automation System MarketThe rising awareness among the global population for the product benefit tends to increase the production of a product of the global Home Automation System market in a positive way.
This report also analyzes the impact of Coronavirus COVID-19 on the Home Automation System industry.Home Automation System has achieved great popularity in the last few decades as it provides comfort, convenience, quality of life and security to the residents.
It can be designed and developed by using a single controller which can control and monitor different interconnected appliances such as power plugs, lights, temperature and humidity sensors, smoke, gas and fire detectors as well as emergency and security system.
Nearly 75% share of the global landscape is occupied by the organized sector, i.e.
This research work intends to offer market players with a viewpoint on the changing scenario and implications for the market players.For more insights into the Market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5154Key Findings from the Competitive Landscape Analysis of Residual Current Circuit Breaker MarketLeading RCCB manufacturers are prioritizing the development of customer-specific product development, emphasizing superior performance, high operational efficiency, and regional expansion.Partnerships and joint ventures through strategic collaborations with recognized research institutes is paving the way for product innovation.Targeting expansion of existing product offerings, key players in residual current circuit breaker landscape are indulging in consistent new product innovation cycles, in addition to strategic mergers and acquisitions (The latest example in this category is of the acquisition of GE Industrial Solution by ABB).Industry leaders are focusing on maintaining long-term contractual relationships with manufacturing giants for a reliable supply scenario of a wide range of residual current circuit breaker devices.
https://www.futuremarketinsights.com/checkout/5154Electrification Projects Are Receiving Funds from Governments, Boosting RCCB DemandWith considerably growing investments in effective and efficient electricity generation, the scope for transmission and distribution is also witnessing a steady increase worldwide.
Several governments are encouraging funding for electrification projects that prominently support SEBs (state electric boards) and in turn foster the sales of electric components including residual current circuit breakers.Mushrooming Residential Construction Realm Significantly Pushes RCCB SalesThe analysis of residual current circuit breaker landscape according to end use concludes dominance of the residential construction sector in the market.
With an estimated 7+% year over year revenue growth over the next couple of years, residential infrastructure will continue to attract maximum opportunities over commercial and industrial sectors in the residential current circuit breaker market.
This growth can be clearly correlated to heavy population growth, subsequently fueling the residential housing demand.In the power input-wise analysis of residual current circuit breaker landscape, the report discusses solid incremental opportunity for three phase residual current circuit breaker that strongly attributes to an exceptionally high rate of solar PV and energy storage system sales over the recent past..For information on the research approach used in the report, request methodology@ https://www.futuremarketinsights.com/askus/rep-gb-5154Power Investments Elevate in Asian Economies, Imposing Solid Growth Opportunities for Residual Current Circuit Breaker ManufacturersFMI’s regional market analysis of residual current circuit breaker landscape reveals dominance of North America and Western Europe, the latter is however witnessing a major revenue decline in recent years.
Some of the most commonly performed procedures involve ligation, brackets and many more.Global Orthodontics Market report is segmented on the basis of product type, age group and by regional.
The regional bifurcation of countries includes North America, Europe, Asia-Pacific, and RoW which are further segmented into major countries such as U.S., UK, France, and others.The orthodontics market is mainly driven by the constant rise in the dental problems with changing food habits.
Moreover, surge in the consumer awareness about oral hygiene followed by rapid development of healthcare facilities over the period of time are also likely to fuel the market growth.
However, lack of proper reimbursement policies as well as high cost of the dental procedures is expected to hamper the market growth in the near future.Download sample copy of this report at https://www.nextmsc.com/Orthodontics-Market/request-sampleThe developed regions such as North America and Europe are expected to hold the major market share owing to the presence of well developed healthcare infrastructure as well as healthcare facilities along with various technological advancements.
Moreover, Asia Pacific is expected to dominate the orthodontics market in terms of growth rate owing to the escalating accessibility to healthcare facilities with geriatric population.
Moreover, high demand of advanced dental aesthetics followed by the growth in government initiatives to further promotes the oral hygiene.The major market players profiled in the orthodontics market includes Align Technology, Inc., Rocky Mountain Orthodontics, Inc., American Orthodontics, DENTSPLY International, Inc., Danaher Corporation, 3M Company, G Orthodontics, Inc., Henry Schein, Inc., Dentaurum GmbH & Co. KG, and TP Orthodontics, Inc. among others.About Us:Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share.
