Street and Roadway Lighting Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The street and road lighting market is valued at USD 9.77 billion in 2019 and is  to reach USD 145.4 billion by 2028 and is to grow at a CAGR of 5% from 2022 to 2028. Increased visibility and safety for drivers, pedestrians and riders, expanding smart cities, increasing demand for energy-efficient lighting systems, and increasing demand for intelligent solutions in street lighting systems are booming the global street and road lighting market. . The Global Street & Road Lighting Market report provides a holistic assessment of the market. The report provides a comprehensive analysis of the key segments, trends, drivers, limitations, competitive landscape, and factors playing an important role in the market.

Company Profile

• Acuity Brands, Inc.
• Cooper Lighting LLC.
• Cree Inc.
• GE Current
• Hubbell Incorporated
• Itron, Inc.
• Koninklijke Philips N.V.
• Landis+Gyr

Market Segmentation

By Lighting Type

• Conventional Lighting
• Smart Lighting

By Light Source

• LEDs
• Fluorescent Lights
• HID Lamps

By Wattage Type

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

By End User

• Highways
• Street and Roadways
• Others

By Offering

• Hardware
• Software

Scope of the Report

The research study analyzes the global Street and Roadway Lighting industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Street and Roadway Lighting Market Report

1. What was the Street and Roadway Lighting Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Street and Roadway Lighting Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Street and Roadway Lighting Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.