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HYBRID STREET LIGHTING SYSTEMS

Global Market Trajectory & Analytics

MCP12482

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  •  DATE

    JULY 2020

  •  TABLES

    72

  •  PAGES

    135

  •  EDITION

    7

  •  PRICE

    USD $4950


COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Hybrid Street Lighting Systems estimated at US$803.8 Million in the year 2020, is projected to reach a revised size of US$1.2 Billion by 2027, growing at a CAGR of 5.8% over the period 2020-2027.Light Emitting Diode (LED), one of the segments analyzed in the report, is projected to grow at a 6.1% CAGR to reach US$882.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Compact Fluorescent Lamp (CFL) segment is readjusted to a revised 5% CAGR for the next 7-year period. This segment currently accounts for a 27.6% share of the global Hybrid Street Lighting Systems market.
The Hybrid Street Lighting Systems market in the U.S. is estimated at US$217.6 Million in the year 2020. The country currently accounts for a 27.07% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$253.2 Million in the year 2027 trailing a CAGR of 8.9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR while Rest of European market (as defined in the study) will reach US$253.2 Million by the year 2027.We bring years of research experience to this 7th edition of our report. The 135-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Airsynergy Ltd.; Bridgelux, Inc; Clear Blue Technologies Inc.; COVIMED Group; Deepa Solar Systems Pvt. Ltd.; Dongguan Link Light Solar Energy Science & Tech.Co., Ltd.; Dragons Breath Solar; Eco-Smart, Inc.; Elecssol; Fosera GmbH & Co.KgaA; Guangzhou HY Energy Technology Limited Corp.; Hi-VAWT Technology Corp.; Jinhua SunMaster Solar Lighting Co., Ltd.; KCP Solar Industries; LZ New Zealand; Omega Solar Fencing System; Philips Lighting NV; Phono Solar Technology Co., Ltd.; R-Man High Tech Solar Private Limited; SEPCO Solar Electric Power Company; Shanghai Ghrepower Green Energy Co., Ltd.; Shenzhen Spark Co., Ltd.; Solar Street Lights USA; Solektra International; Su-Kam Power Systems Ltd.; Suneco Green Energy Ltd.; Sunna Design; Suveg Electronics; Tata Power Solar Systems Limited; UGE International Ltd.; Urja Global Ltd.; V-Air Wind Technologies; Verysol Energy Nigeria Ltd.
» Product (Light Emitting Diode (LED), Compact Fluorescent Lamp (CFL))
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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