Outdoor Lighting Market is Going To Boom | Toshiba, GE, Hubbell
Research Reports
Sep 01, 2021
Latest business intelligence report released on Global Outdoor Lighting Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Outdoor Lighting market outlook.
List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
GE (United States), Osram Licht AG (Germany), Panasonic (Japan), Toshiba (Japan), Cooper Lighting, LLC (United States), Eaton Corporation Plc. (United States), Hubbell Incorporated (United States), SYSKA (India), Acuity Brands Lighting, Inc. (United States), Signify Holding (India), Zumtobel (Australia), Cree Lighting (United States), Westinghouse Lighting (United States), Capital Lighting Fixture Company (United States), Access Lighting (United States)
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Brief Overview on Outdoor Lighting:
Outdoor lighting refers to the use of outdoor lighting in private gardens and public landscapes; to improve and for the purpose of safety, nighttime aesthetics, accessibility, safety, recreation, and sport, as well as social and event use. Outdoor lighting has illuminated many different professional fields. Industries as diverse as retail and marketing rely on outdoor luminaires to illuminate shops and office buildings. Facilities and equipment rely on outdoor lighting for added safety, while consumers demand everything from landscape lighting to decorative fixtures to complete their outdoor design. Regardless of the industry or use, outdoor lighting is a great addition to buildings to enhance their appearance and increase safety at night. In 2019, the global outdoor lighting market was worth approximately USD 10.7 billion. The value of this market should increase to around USD 23.8 billion by 2030.
Key Market Trends:
Growing Consumer Awareness for Energy-Efficient Lighting Products
The Emergence of Smart Outdoor Lights
The Rising Replacement of Conventional Lighting System with Advanced Lighting
Opportunities:
Increasing Government Initiatives toward Energy Efficiency
Rising Infrastructure Development
Market Growth Drivers:
The Rising Adoption of Outdoor Lighting Fixtures
The Growing Adoption of Energy-Efficient Lighting Solutions
The Growth in Smart City Projects
Challenges:
Development of Alternate Technologies
Segmentation of the Global Outdoor Lighting Market:
by Type (Flood Lights, Landscape Lights, Motion Sensor Lighting, Spotlights), Application (Streets, Highways, Parking Lots, Stadiums), Installation Type (New, Retrofit), Distribution Channel (Online, Hypermarkets, Supermarkets, Retail Stores, Convenience Stores), Lighting Type (High-Intensity Discharge (HID) Lights, Light-Emitting Diode (LED) Lights, Fluorescent Lights, Plasma Lights), Powering Type (Low Voltage, Line Voltage, Solar Powered), Wattage Type (Less than 50W, Between 50W and 150W, More than 150W)
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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Furthermore, the years considered for the study are as follows:
Historical data – 2016-2020
The base year for estimation – 2020
Recent Estimated Year – 2021
Forecast period** – 2021 to 2026 [** unless otherwise stated]
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Summarized Extracts from TOC of Global Outdoor Lighting Market Study
Chapter 1: Exclusive Summary of the Outdoor Lighting market
Chapter 2: Objective of Study and Research Scope the Outdoor Lighting market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2026
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source
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