Outdoor Lighting Market Is Expected to Reach USD 25.2 Billion By 2025 : Global Forecast

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Outdoor Lighting Market Is Expected to Reach USD
25.2 Billion By 2025 Global Forecast
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Market Scenario 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. Report
Sample https//www.marketresearchfuture.com/sampl
e_request/8340
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Market Research Analysis Global Outdoor Lighting
Market Research Report by Lighting Type (LED
Lamps, HID Lamps, Plasma Lamps, Fluorescent
Light), By Distribution Channel (Retail,
Commercial), By Application (Street Lighting,
Highways, Stadiums, Parking Lots, Tunnel Lights,
Parks, Others) and by Region (North America,
Europe, Asia-Pacific, Middle East and Africa,
South America) Forecast till 2025 Asia-Pacific
is expected to grow at the highest CAGR during
the forecast period due to a number of smat city
initiatives, growing smart building market, and
many other development projects. China, Japan,
Taiwan, and India are expected to dominate the
market and Australia, Singapore, and New-Zealand
are expected to grow at a steady rate during the
forecast period. Browse Complete Report
Details https//www.marketresearchfuture.com/repo
rts/outdoor-lighting-market-8340
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Scope of the Report This study provides an
overview of the global Outdoor Lighting Market,
tracking four market segments across four
geographic regions. The report studies key
players, providing a five-year annual trend
analysis that highlights market size, volume, and
share for North America, Europe, Asia-Pacific,
and the Rest of the World. The report also
provides a forecast, focusing on the market
opportunities for the next five years for each
region. The scope of the study segments the
global automotive blockchain market by technology
type, application, provider, propulsion, vehicle
type, and region.
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Key Players The key players in the outdoor
lighting market are Philips Lighting Holding
B.V.(The Netherlands), General Electric Company
(US), Osram Licht AG (Germany), Cree, Inc. (US),
Eaton Corporation PLC (Ireland), Hubbell
Incorporated (US), Dialight PLC (US), Zumtobel
Group AG (Austria), Syska (India), Virtual
Extension (Israel), Evluma (US) Halco Lighting
Technologies (US), and Masco Corporation (US)
among others. The major players in this market
have adopted the strategies such as geographic
expansion, product launch, collaboration, and
mergers acquisitions. The growth of the market
vendors is dependent on the market conditions,
government support, and industry development.
Thus, the vendors should focus on expanding,
geographically and improving the services.
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