DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Street and Roadway Lighting Market - Global Forecast to 2022" report to their offering.
According to this forecast, the street and roadway lighting market is expected to be valued at USD 10.94 Billion by 2022, growing at a CAGR of 6.03% between 2016 and 2022.
The growth of the street and roadway lighting market could be attributed to the modernization and development of infrastructure such as smart cities, need for energy-efficient street lighting systems, increasing penetration of LED lights and luminaires in street lighting applications, and stringent rules and regulations by governments. However, the high installation cost of smart lighting and lack of awareness about the payback period are the restraints for the street and roadway lighting market.
Of all the major hardware components, luminaires are expected to dominate the street and roadway lighting market during the forecast period. The services segment is expected to witness the highest growth from 2016 to 2022. The growth of the services segment is mainly propelled by the use of smart street lighting for energy conservation and high efficiency. Smart street lighting comprises pre-installation and post-installation services such as installation, design, maintenance, support, and monitoring services.
- Acuity Brands, Inc.
- Cree, Inc.
- Eaton Corporation Plc
- General Electric Company (Ge)
- Hubbell Incorporated
- Kingsun Optoelectronic Co., Ltd.
- Koninklijke Philips N.V. (Royal Philips)
- Led Roadway Lighting Ltd.
- Osram Licht Ag
- Syska Led
- Thorn Lighting
- Virtual Extension
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Street And Roadway Lighting Market, By Lighting Type
8 Street And Roadway Lighting Market, By Light Source
9 Street And Roadway Lighting Market, By Wattage Type
10 Street And Roadway Lighting Market, By End User
11 Street And Roadway Lighting Market, By Offering
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/fct948/street_and