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Showing posts with the label Outdoor Lighting Market growth

Outdoor Lighting Market Trends, Size, Share, Analysis, Key Players and Opportunities 2027

Market Research Future published a research report on “Outdoor Lighting Market Research Report- Forecast 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027. Market Highlights The global market for outdoor lighting was valued at USD 9.4 billion in 2018; it is expected to reach USD 25.2 billion by the end of the forecast period at a CAGR of 15.0%. The trend of outdoor lighting is gaining popularity and companies are continuously focusing on developing technologies for roadways and highways applications. Increasing government focus on energy-efficient light sources and energy conservation is expected to drive the market during the forecast period. In May 2019, the European Union adopted new guidance on roadway lighting installations. In this guidance, all the light sources must be equipped with controls that allow dimming to at least 50% of the maximum light output with a dimming control target of maximum 10%. Siteco GmbH develops town and park luminaires, road l...

Outdoor Lighting Market 2021 Report Predictions by Global Industry Trends, Future Growth, Regional Overview and Forecast Outlook until 2025

  Market Research Future published a research report on “Outdoor Lighting Market Research Report- Forecast 2025” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2025. Market Highlights The global market for outdoor lighting was valued at USD 9.4 billion in 2018; it is expected to reach USD 25.2 billion by the end of the forecast period at a CAGR of 15.0%. The trend of outdoor lighting is gaining popularity and companies are continuously focusing on developing technologies for roadways and highways applications. Increasing government focus on energy-efficient light sources and energy conservation is expected to drive the market during the forecast period. In May 2019, the European Union adopted new guidance on roadway lighting installations. In this guidance, all the light sources must be equipped with controls that allow dimming to at least 50% of the maximum light output with a dimming control target of maximum 10%. Siteco GmbH develops town and park luminaires, ...