Outdoor LED Lighting Market Worth 21.95 Billion USD by 2023

USA - English

• India - English

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 62 market data tables and 52 figures spread through 147 pages and in-depth TOC on "Outdoor LED Lighting Market"

http://www.marketsandmarkets.com/Market-Reports/outdoor-led-lighting-market-211822268.html

Early buyers will receive 10% customization on reports

The growth of the outdoor LED lighting market can be attributed to the increasing need for improving visibility and ensuring the safety of drivers, riders, and pedestrians as well as ongoing modernization and infrastructure development projects. Moreover, less energy consumption and cost-effectiveness of LED lighting are also contributing towards the growth of the outdoor LED lighting market across the globe.

The new installation type segment is projected to lead the outdoor LED lighting market during the forecast period, 2017 to 2023. 

The new installation type segment is projected to lead the outdoor LED lighting market from 2017 to 2023 due to the installation of new-generation LED lamps and luminaires across the globe. Consumers prefer outdoor LED lighting for new installations, owing to various advantages offered by it, which include a long lifespan and reduced consumption of electricity. Although the cost of the outdoor LED lighting technology is high, its installation and maintenance costs are low.

The between 50W and 150W wattage type segment is projected to lead the outdoor LED lighting market during the forecast period, 2017 to 2023. 

The between 50W to 150W wattage type segment is projected to lead the outdoor LED lighting market during the forecast period. The growth of this segment of the market can be attributed to increased adoption of outdoor LED lighting across the globe due to its energy efficiency and low maintenance costs. LED lights and luminaires with a wattage range between 50W and 150W are widely used across highways & roadways.

Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=211822268

The Asia Pacific outdoor LED lighting market is projected to grow at the highest CAGR during the forecast period. 

The Asia Pacific outdoor LED lighting market is projected to grow at the highest CAGR from 2017 to 2023. The growth of the Asia Pacific outdoor LED lighting market can be attributed to the ongoing modernization and infrastructure development projects, such as smart cities across the region. Countries such as Australia, Taiwan, Singapore, and Vietnam, among others of the Asia Pacific region are experiencing fast economic growth and urbanization, thereby contributing to a significant demand for outdoor LED lighting systems in these countries.

Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=211822268

The report profiles the top players in the outdoor LED lighting market, which include Philips Lighting Holding B.V. (Netherlands), General Electric Company (U.S.), OSRAM Licht AG (Germany), Hubbell Incorporated (U.S.), Cree, Inc. (U.S.), Eaton Corporation Plc. (U.S.), SYSKA LED (India), Virtual Extension (Israel), Dialight plc (U.K.), and Zumtobel Group AG (Austria), among others. The report also analyzes the market trends for each of the market segments and their respective growth rates.

Browse Related Reports 

LED Lighting Market by Installation Type (New Installation and Retrofit Installation), End-Use Application (Indoor Lighting and Outdoor Lighting), Product Type (Lamps and Luminaires), and Geography - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/led-lighting-market-201130554.html

Street and Roadway Lighting Market by Lighting Type (Conventional, and Smart), Light Source (LEDs, Fluorescent Lights, and HID Lamps), Wattage Type (<50W, 50W - 150W, and >150w), End User, Offering, and Region - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/street-roadway-lighting-market-195370768.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: [email protected]

Visit Our Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets