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Global Street Lighting Market 2017-2021

Global Street Lighting Market 2017-2021

About Street Lighting

Globally, lighting accounts for 10%-35% of the total energy bills, which are substantial. Need for energy efficiency in street lighting has been increasing due to rising energy prices and changing climate. This has led to increased adoption of energy-efficient technologies such as light-emitting diode (LED) to replace older street lighting models that use a compact fluorescent lamp (CFL) or halogen. The typical cost of a street lighting system for a period of 25 years is approximately split as 85% for maintenance, which includes power supply and replacement cost, and 15% of installation cost. Power prices have continuously increased, and the trend is expected to continue owing to urbanization. The urbanization is leading to the development of new roads, requiring additional street light, thereby increasing the power consumption. Therefore, to reduce the power consumed by street lights, existing street lights are being replaced by solar street lights and are also preferred in new installations.

Technavio’s analysts forecast the global street lighting market to grow at a CAGR of 4.47% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global street lighting market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Street Lighting Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • GE Lighting
  • Philips
  • OSRAM
  • Panasonic
  • Schneider Electric
Other prominent vendors
  • Acuity Brands
  • Advanced Lighting Technologies
  • Bridgelux
  • CITIZEN ELECTRONICS
  • Eaton
  • Cree
  • Dialight
  • Kingsun Optoelectronic
  • Energy Focus
  • EVERLIGHT
  • Intematix
  • LEEDARSON LIGHTING
  • Lemnis Lighting
  • LG Innotek
  • Luminus Devices
  • NICHIA
  • NVC Lighting Technology
  • Seoul Semiconductor
  • TOYODA GOSEI
Market driver
  • Declining manufacturing cost of LED.
  • For a full, detailed list, view our report
Market challenge
  • Competition from counterfeit products.
  • For a full, detailed list, view our report
Market trend
  • Government support for infrastructure development.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Comparison between LEDs, incandescent bulbs, and CFLs
      • Table Light output of LEDs, incandescent bulbs, and CFLs
      • Table Efficiency and cost of LEDs, incandescent bulbs, and CFLs
      • Table Comparison of CFL and LED
  • Market landscape
    • Market overview
      • Table Global street lighting market segmentation
    • Market size and forecast
      • Table Global street lighting market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Market overview
      • Table Global street lighting market by technology
      • Table Global street lighting market by technology 2016-2021 (% share)
      • Table Global street lighting market by technology 2016-2021 ($ billions)
    • Traditional technology
      • Table Global street lighting market by traditional technology 2016-2021 ($ billions)
    • LED technology
      • Table Global street lighting market by LED technology 2016-2021 ($ billions)
  • Geographical segmentation
    • Table Global street lighting market segmentation by geography 2016-2021
    • Table Global street lighting market segmentation by geography 2016-2021 ($ billions)
    • APAC
    • EMEA
    • Americas
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Manufacturing cost of LED 2012-2020 ($/kilo lumen)
      • Table ASP of lighting technologies 2012-2016 ($)
      • Table Global electrification rate 2014
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Comparison of BRIC nation import duties 2016
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Government support for infrastructure development
    • Advances in lighting technology
    • Growing dominance of off-grid segment
  • Vendor landscape
    • Competitive scenario
    • Vendor landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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