DUBLIN--(BUSINESS WIRE)--The "Global Outdoor Lighting Market Size, Share, Development, Growth and Demand Forecast to 2023" report has been added to Research and Markets' offering.
The global outdoor lighting market is projected to grow at a CAGR of 8.4% during the forecast period.
Growing adoption of energy efficient products along with increasing government focus towards energy saving is fueling the penetration of energy efficient lighting sources, such as light emitting diodes (LEDs), which is likely to bolster the growth of the global outdoor lighting market. LEDs are particularly advantageous in outdoor lighting applications as they work efficiently for long operating hours and at low maintenance cost. In addition, LEDs are the excellent directional light sources, are substantial and exhibit long lifetime.
Owing to these benefits, many local authorities including municipalities, of various countries have commenced projects to completely transition their outdoor lighting applications to LEDs. For instance, according to the U.S. Department of Energy, the City of Los Angeles has completed a citywide street lighting replacement program and has installed over 150,000 LED streetlights, reducing energy usage by 63%, and saving of $8 million in annual energy costs.
- General Electric
- Osram Licht Ag
- Hubbell Incorporated
- Cree Inc.
- Eaton Corporation Plc
- Philips Lighting Holding B.V.
- Syska Led
- Virtual Extension
- Dialight Plc
Zumtobel Group Ag
Key Topics Covered:
1. Research Background
2. Research Methodology
3. Executive Summary
5. Market Size And Forecast By Lighting Type
6. Market Size And Forecast By Technology
7. Market Size And Forecast By Application
8. Market Size And Forecast By Geography
9. Competitive Landscape
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/6hrtxh/global_outdoor