Global Market Size of Street Lighting Market – 10 Year Market Forecast

Semiconductor

Street Lighting Market Size Forecast 2022-2029

During the forecast period 2022-2029, the street and roadway lighting market is expected to grow at a CAGR of 5%, reaching USD 12.11 billion in 2022 and USD 17.38 billion in 2029. The study’s starting point is the year 2022. This report examines the market in detail by lighting type, light source, wattage type, end-user, offering, and geography. During the forecast period, it is expected that LED light sources will account for a significant portion of the market. We looked at the top players and their market share to estimate the size of the street lighting market.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• Global market database is a cloud based business intelligence tool that can be used by decision makers to study relevant markets.
• What is Street Lighting?

• It is a raised source of light.
• Why is Street Lighting important?

• At night is especially important for safe driving at night.
• What are the benefits and advantages of Street Lights?

• It's used to promote security in urban areas and to increase the quality of life by artificially extending the hours in which it is light so that activity can take place.
• What is the CAGR of Street Lighting market?

• 5% is the CAGR of Street Lighting market.

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