Edison, NJ -- (SBWIRE) -- 06/10/2021 -- Advance Market Analytics published a new research publication on "Road Lighting Market Insights, to 2026" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Road Lighting market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
Koninklijke Philips N.V. (Netherlands), General Electric Company (United States), Cree, Inc. (United States), Acuity Brands, Inc. (United States), OSRAM Licht AG (Germany), Eaton Corp Plc. (Ireland), Hubbell Incorporated (United States), Bridgelux (United States).
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Scope of the Report of Road Lighting
Road lighting is the raised source of light on the edge of the road which basically provides light. Road lighting plays important role in the safety of roads. Road lighting is mainly used in streets and highways in order to drive safe and convenient in night. The market of road lightning is growing due to the factors like need for improvement of safety of drivers driving during night. While factors like lack of awareness and high installation cost is further hampering the market. Along with this factors like penetration of LED light is trending in market.
The titled segments and sub-section of the market are illuminated below:
by Type (Traditional Lighting, LED Lighting), Application (Highways, Street and Roadways, Others), Offerings (Hardware, Software, Services)
The Road Lighting Market report provides a basic overview of the industry including its definition, geography segment, end use/application segment and competitor segment and manufacturing technology. Then, the report explores the international major industry players in detail.
Market Trends:
Increased Demand for Intelligent Solutions in Road Lighting Systems
Increasing Penetration of LED Lights and Luminaires in Outdoor Lighting
Opportunities:
Energy Efficiency in Developing Economies
Development of Wireless Technology for Road Lighting Systems
Iot Technology in Road Lighting
Market Drivers:
Need for Improvement in Visibility and Safety of Drivers, Riders, and Pedestrians
Modernization and Development of Infrastructure Such as Smart Cities
Need for Energy-Efficient Lighting Systems
Challenges:
Lack of Common Open Standards
Rapidly Rising Product Testing Cost
Lack of Customer Ownership in Utility-Owned Road Lighting
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Road Lighting Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Road Lighting market
Chapter 2: Exclusive Summary – the basic information of the Road Lighting Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Road Lighting
Chapter 4: Presenting the Road Lighting Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Road Lighting market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Road Lighting Market is a valuable source of guidance for individuals and companies.
Research Methodology:
- The top-down and bottom-up approaches are used to estimate and validate the size of the global Road Lighting
- In order to reach an exhaustive list of functional and relevant players who offer Road Lighting various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies.
- Thereafter, a thorough validation test is conducted to reach most relevant players specifically having product line i.e. Road Lighting.
- In order to make priority list sorting is done based on revenue generation as per latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
- Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment. This helps us to gather the data for the players' revenue, profit, products, growth etc.
- Almost 80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, Annual reports, press releases etc.
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