Street and Roadway Lighting Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Street and roadway lighting play a crucial role in the safety and security of the streets and public places. The increasing transportation infrastructure has rising the need for enhanced illumination on the streets and roadways, to ensure people's safety on the streets and smooth traffic flow, street and roadways lightening necessary. The growing investment in smart cities and government incentives are given for outdoor lighting applications such as bridges, roadways, freeways, tunnels, and in-city street lights are the major factor driving the growth of the street and roadway lighting market.
MARKET DYNAMICS
The rapid development of infrastructure projects across the globe, increasing penetration of LED lights and luminaires in street lighting applications, need for energy-efficient street lighting systems are the significant factor impacting the growth of the street and roadway lighting market. Further, stringent government regulations about lighting efficiency coupled with the modernization and development of infrastructure across various countries such as China, India, Japan, and among other are also fueling the demand for street and roadways lighting market. The rapid adoption of connected lights is likely to create significant opportunities for the key players of the street and roadway lighting market in the coming years.
MARKET SCOPE
The "Global Street and Roadway Lighting Market Analysis to 2031" is a specialized and in-depth study of the street and roadway lighting industry with a special focus on the global market trend analysis. The report aims to provide an overview street and roadway lighting market with detailed market segmentation as component, lighting type, light source, wattage type, application, and geography. The global street and roadway lighting market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading street and roadway lighting market players and offers key trends and opportunities in the street and roadway lighting market.
MARKET SEGMENTATION
The global street and roadway lighting market is segmented on the basis of component, lighting type, light source, wattage type, application. On the basis of component the market is segmented as hardware, software, services. On the basis of lighting type the market is segmented as conventional lighting, smart lighting. On the basis of light source the market is segmented as LED, fluorescent light, HID lamp. On the basis of wattage type the market is segmented as below 50 W, 50 - 150 W, above 150 W. On the basis of application the market is segmented as highways, street and roadways, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Street and roadway lighting market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The street and roadway lighting market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting street and roadway lighting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the street and roadway lighting market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Street and roadway lighting market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The street and roadway lighting market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting street and roadway lighting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the street and roadway lighting market in these regions.
MARKET PLAYERS
The reports cover key developments in the street and roadway lighting market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from street and roadway lighting market are anticipated to lucrative growth opportunities in the future with the rising demand for street and roadway lighting in the global market. Below mentioned is the list of few companies engaged in the street and roadway lighting market.
The report also includes the profiles of key street and roadway lighting companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Acuity Brands, Inc.
- Cooper Lighting LLC.
- Cree Inc.
- GE Current
- Hubbell Incorporated
- Itron, Inc.
- Koninklijke Philips N.V.
- Landis+Gyr
- OSRAM GmbH
- Zumtobel Group AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Street And Roadway Lighting Market - By Component
1.3.2Street And Roadway Lighting Market - By Lighting Type
1.3.3Street And Roadway Lighting Market - By Light Source
1.3.4Street And Roadway Lighting Market - By Wattage Type
1.3.5Street And Roadway Lighting Market - By Application
1.3.6Street And Roadway Lighting Market - By Region
1.3.6.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.STREET AND ROADWAY LIGHTING MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.STREET AND ROADWAY LIGHTING MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.STREET AND ROADWAY LIGHTING MARKET - GLOBAL MARKET ANALYSIS
6.1.STREET AND ROADWAY LIGHTING - GLOBAL MARKET OVERVIEW
6.2.STREET AND ROADWAY LIGHTING - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.STREET AND ROADWAY LIGHTING MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1.OVERVIEW
7.2.COMPONENT MARKET FORECASTS AND ANALYSIS
7.3.HARDWARE
7.3.1.Overview
7.3.2.Hardware Market Forecast and Analysis
7.4.SOFTWARE
7.4.1.Overview
7.4.2.Software Market Forecast and Analysis
7.5.SERVICES
7.5.1.Overview
7.5.2.Services Market Forecast and Analysis
8.STREET AND ROADWAY LIGHTING MARKET - REVENUE AND FORECASTS TO 2028 - LIGHTING TYPE
8.1.OVERVIEW
8.2.LIGHTING TYPE MARKET FORECASTS AND ANALYSIS
8.3.CONVENTIONAL LIGHTING
8.3.1.Overview
8.3.2.Conventional Lighting Market Forecast and Analysis
8.4.SMART LIGHTING
8.4.1.Overview
8.4.2.Smart Lighting Market Forecast and Analysis
9.STREET AND ROADWAY LIGHTING MARKET - REVENUE AND FORECASTS TO 2028 - LIGHT SOURCE
9.1.OVERVIEW
9.2.LIGHT SOURCE MARKET FORECASTS AND ANALYSIS
9.3.LED
9.3.1.Overview
9.3.2.LED Market Forecast and Analysis
9.4.FLUORESCENT LIGHT
9.4.1.Overview
9.4.2.Fluorescent Light Market Forecast and Analysis
9.5.HID LAMP
9.5.1.Overview
9.5.2.HID Lamp Market Forecast and Analysis
10.STREET AND ROADWAY LIGHTING MARKET - REVENUE AND FORECASTS TO 2028 - WATTAGE TYPE
10.1.OVERVIEW
10.2.WATTAGE TYPE MARKET FORECASTS AND ANALYSIS
10.3.BELOW 50 W
10.3.1.Overview
10.3.2.Below 50 W Market Forecast and Analysis
10.4.50 - 150 W
10.4.1.Overview
10.4.2.50 - 150 W Market Forecast and Analysis
10.5.ABOVE 150 W
10.5.1.Overview
10.5.2.Above 150 W Market Forecast and Analysis
11.STREET AND ROADWAY LIGHTING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
11.1.OVERVIEW
11.2.APPLICATION MARKET FORECASTS AND ANALYSIS
11.3.HIGHWAYS
11.3.1.Overview
11.3.2.Highways Market Forecast and Analysis
11.4.STREET AND ROADWAYS
11.4.1.Overview
11.4.2.Street and Roadways Market Forecast and Analysis
11.5.OTHERS
11.5.1.Overview
11.5.2.Others Market Forecast and Analysis
12.STREET AND ROADWAY LIGHTING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1.NORTH AMERICA
12.1.1North America Street And Roadway Lighting Market Overview
12.1.2North America Street And Roadway Lighting Market Forecasts and Analysis
12.1.3North America Street And Roadway Lighting Market Forecasts and Analysis - By Component
12.1.4North America Street And Roadway Lighting Market Forecasts and Analysis - By Lighting Type
12.1.5North America Street And Roadway Lighting Market Forecasts and Analysis - By Light Source
12.1.6North America Street And Roadway Lighting Market Forecasts and Analysis - By Wattage Type
12.1.7North America Street And Roadway Lighting Market Forecasts and Analysis - By Application
12.1.8North America Street And Roadway Lighting Market Forecasts and Analysis - By Countries
12.1.8.1United States Street And Roadway Lighting Market
12.1.8.1.1United States Street And Roadway Lighting Market by Component
12.1.8.1.2United States Street And Roadway Lighting Market by Lighting Type
12.1.8.1.3United States Street And Roadway Lighting Market by Light Source
12.1.8.1.4United States Street And Roadway Lighting Market by Wattage Type
12.1.8.1.5United States Street And Roadway Lighting Market by Application
12.1.8.2Canada Street And Roadway Lighting Market
12.1.8.2.1Canada Street And Roadway Lighting Market by Component
12.1.8.2.2Canada Street And Roadway Lighting Market by Lighting Type
12.1.8.2.3Canada Street And Roadway Lighting Market by Light Source
12.1.8.2.4Canada Street And Roadway Lighting Market by Wattage Type
12.1.8.2.5Canada Street And Roadway Lighting Market by Application
12.1.8.3Mexico Street And Roadway Lighting Market
12.1.8.3.1Mexico Street And Roadway Lighting Market by Component
12.1.8.3.2Mexico Street And Roadway Lighting Market by Lighting Type
12.1.8.3.3Mexico Street And Roadway Lighting Market by Light Source
12.1.8.3.4Mexico Street And Roadway Lighting Market by Wattage Type
12.1.8.3.5Mexico Street And Roadway Lighting Market by Application
12.2.EUROPE
12.2.1Europe Street And Roadway Lighting Market Overview
12.2.2Europe Street And Roadway Lighting Market Forecasts and Analysis
12.2.3Europe Street And Roadway Lighting Market Forecasts and Analysis - By Component
12.2.4Europe Street And Roadway Lighting Market Forecasts and Analysis - By Lighting Type
12.2.5Europe Street And Roadway Lighting Market Forecasts and Analysis - By Light Source
12.2.6Europe Street And Roadway Lighting Market Forecasts and Analysis - By Wattage Type
12.2.7Europe Street And Roadway Lighting Market Forecasts and Analysis - By Application
12.2.8Europe Street And Roadway Lighting Market Forecasts and Analysis - By Countries
12.2.8.1Germany Street And Roadway Lighting Market
12.2.8.1.1Germany Street And Roadway Lighting Market by Component
12.2.8.1.2Germany Street And Roadway Lighting Market by Lighting Type
12.2.8.1.3Germany Street And Roadway Lighting Market by Light Source
12.2.8.1.4Germany Street And Roadway Lighting Market by Wattage Type
12.2.8.1.5Germany Street And Roadway Lighting Market by Application
12.2.8.2France Street And Roadway Lighting Market
12.2.8.2.1France Street And Roadway Lighting Market by Component
12.2.8.2.2France Street And Roadway Lighting Market by Lighting Type
12.2.8.2.3France Street And Roadway Lighting Market by Light Source
12.2.8.2.4France Street And Roadway Lighting Market by Wattage Type
12.2.8.2.5France Street And Roadway Lighting Market by Application
12.2.8.3Italy Street And Roadway Lighting Market
12.2.8.3.1Italy Street And Roadway Lighting Market by Component
12.2.8.3.2Italy Street And Roadway Lighting Market by Lighting Type
12.2.8.3.3Italy Street And Roadway Lighting Market by Light Source
12.2.8.3.4Italy Street And Roadway Lighting Market by Wattage Type
12.2.8.3.5Italy Street And Roadway Lighting Market by Application
12.2.8.4United Kingdom Street And Roadway Lighting Market
12.2.8.4.1United Kingdom Street And Roadway Lighting Market by Component
12.2.8.4.2United Kingdom Street And Roadway Lighting Market by Lighting Type
12.2.8.4.3United Kingdom Street And Roadway Lighting Market by Light Source
12.2.8.4.4United Kingdom Street And Roadway Lighting Market by Wattage Type
12.2.8.4.5United Kingdom Street And Roadway Lighting Market by Application
12.2.8.5Russia Street And Roadway Lighting Market
12.2.8.5.1Russia Street And Roadway Lighting Market by Component
12.2.8.5.2Russia Street And Roadway Lighting Market by Lighting Type
12.2.8.5.3Russia Street And Roadway Lighting Market by Light Source
12.2.8.5.4Russia Street And Roadway Lighting Market by Wattage Type
12.2.8.5.5Russia Street And Roadway Lighting Market by Application
12.2.8.6Rest of Europe Street And Roadway Lighting Market
12.2.8.6.1Rest of Europe Street And Roadway Lighting Market by Component
12.2.8.6.2Rest of Europe Street And Roadway Lighting Market by Lighting Type
12.2.8.6.3Rest of Europe Street And Roadway Lighting Market by Light Source
12.2.8.6.4Rest of Europe Street And Roadway Lighting Market by Wattage Type
12.2.8.6.5Rest of Europe Street And Roadway Lighting Market by Application
12.3.ASIA-PACIFIC
12.3.1Asia-Pacific Street And Roadway Lighting Market Overview
12.3.2Asia-Pacific Street And Roadway Lighting Market Forecasts and Analysis
12.3.3Asia-Pacific Street And Roadway Lighting Market Forecasts and Analysis - By Component
12.3.4Asia-Pacific Street And Roadway Lighting Market Forecasts and Analysis - By Lighting Type
12.3.5Asia-Pacific Street And Roadway Lighting Market Forecasts and Analysis - By Light Source
12.3.6Asia-Pacific Street And Roadway Lighting Market Forecasts and Analysis - By Wattage Type
12.3.7Asia-Pacific Street And Roadway Lighting Market Forecasts and Analysis - By Application
12.3.8Asia-Pacific Street And Roadway Lighting Market Forecasts and Analysis - By Countries
12.3.8.1Australia Street And Roadway Lighting Market
12.3.8.1.1Australia Street And Roadway Lighting Market by Component
12.3.8.1.2Australia Street And Roadway Lighting Market by Lighting Type
12.3.8.1.3Australia Street And Roadway Lighting Market by Light Source
12.3.8.1.4Australia Street And Roadway Lighting Market by Wattage Type
12.3.8.1.5Australia Street And Roadway Lighting Market by Application
12.3.8.2China Street And Roadway Lighting Market
12.3.8.2.1China Street And Roadway Lighting Market by Component
12.3.8.2.2China Street And Roadway Lighting Market by Lighting Type
12.3.8.2.3China Street And Roadway Lighting Market by Light Source
12.3.8.2.4China Street And Roadway Lighting Market by Wattage Type
12.3.8.2.5China Street And Roadway Lighting Market by Application
12.3.8.3India Street And Roadway Lighting Market
12.3.8.3.1India Street And Roadway Lighting Market by Component
12.3.8.3.2India Street And Roadway Lighting Market by Lighting Type
12.3.8.3.3India Street And Roadway Lighting Market by Light Source
12.3.8.3.4India Street And Roadway Lighting Market by Wattage Type
12.3.8.3.5India Street And Roadway Lighting Market by Application
12.3.8.4Japan Street And Roadway Lighting Market
12.3.8.4.1Japan Street And Roadway Lighting Market by Component
12.3.8.4.2Japan Street And Roadway Lighting Market by Lighting Type
12.3.8.4.3Japan Street And Roadway Lighting Market by Light Source
12.3.8.4.4Japan Street And Roadway Lighting Market by Wattage Type
12.3.8.4.5Japan Street And Roadway Lighting Market by Application
12.3.8.5South Korea Street And Roadway Lighting Market
12.3.8.5.1South Korea Street And Roadway Lighting Market by Component
12.3.8.5.2South Korea Street And Roadway Lighting Market by Lighting Type
12.3.8.5.3South Korea Street And Roadway Lighting Market by Light Source
12.3.8.5.4South Korea Street And Roadway Lighting Market by Wattage Type
12.3.8.5.5South Korea Street And Roadway Lighting Market by Application
12.3.8.6Rest of Asia-Pacific Street And Roadway Lighting Market
12.3.8.6.1Rest of Asia-Pacific Street And Roadway Lighting Market by Component
12.3.8.6.2Rest of Asia-Pacific Street And Roadway Lighting Market by Lighting Type
12.3.8.6.3Rest of Asia-Pacific Street And Roadway Lighting Market by Light Source
12.3.8.6.4Rest of Asia-Pacific Street And Roadway Lighting Market by Wattage Type
12.3.8.6.5Rest of Asia-Pacific Street And Roadway Lighting Market by Application
12.4.MIDDLE EAST AND AFRICA
12.4.1Middle East and Africa Street And Roadway Lighting Market Overview
12.4.2Middle East and Africa Street And Roadway Lighting Market Forecasts and Analysis
12.4.3Middle East and Africa Street And Roadway Lighting Market Forecasts and Analysis - By Component
12.4.4Middle East and Africa Street And Roadway Lighting Market Forecasts and Analysis - By Lighting Type
12.4.5Middle East and Africa Street And Roadway Lighting Market Forecasts and Analysis - By Light Source
12.4.6Middle East and Africa Street And Roadway Lighting Market Forecasts and Analysis - By Wattage Type
12.4.7Middle East and Africa Street And Roadway Lighting Market Forecasts and Analysis - By Application
12.4.8Middle East and Africa Street And Roadway Lighting Market Forecasts and Analysis - By Countries
12.4.8.1South Africa Street And Roadway Lighting Market
12.4.8.1.1South Africa Street And Roadway Lighting Market by Component
12.4.8.1.2South Africa Street And Roadway Lighting Market by Lighting Type
12.4.8.1.3South Africa Street And Roadway Lighting Market by Light Source
12.4.8.1.4South Africa Street And Roadway Lighting Market by Wattage Type
12.4.8.1.5South Africa Street And Roadway Lighting Market by Application
12.4.8.2Saudi Arabia Street And Roadway Lighting Market
12.4.8.2.1Saudi Arabia Street And Roadway Lighting Market by Component
12.4.8.2.2Saudi Arabia Street And Roadway Lighting Market by Lighting Type
12.4.8.2.3Saudi Arabia Street And Roadway Lighting Market by Light Source
12.4.8.2.4Saudi Arabia Street And Roadway Lighting Market by Wattage Type
12.4.8.2.5Saudi Arabia Street And Roadway Lighting Market by Application
12.4.8.3U.A.E Street And Roadway Lighting Market
12.4.8.3.1U.A.E Street And Roadway Lighting Market by Component
12.4.8.3.2U.A.E Street And Roadway Lighting Market by Lighting Type
12.4.8.3.3U.A.E Street And Roadway Lighting Market by Light Source
12.4.8.3.4U.A.E Street And Roadway Lighting Market by Wattage Type
12.4.8.3.5U.A.E Street And Roadway Lighting Market by Application
12.4.8.4Rest of Middle East and Africa Street And Roadway Lighting Market
12.4.8.4.1Rest of Middle East and Africa Street And Roadway Lighting Market by Component
12.4.8.4.2Rest of Middle East and Africa Street And Roadway Lighting Market by Lighting Type
12.4.8.4.3Rest of Middle East and Africa Street And Roadway Lighting Market by Light Source
12.4.8.4.4Rest of Middle East and Africa Street And Roadway Lighting Market by Wattage Type
12.4.8.4.5Rest of Middle East and Africa Street And Roadway Lighting Market by Application
12.5.SOUTH AND CENTRAL AMERICA
12.5.1South and Central America Street And Roadway Lighting Market Overview
12.5.2South and Central America Street And Roadway Lighting Market Forecasts and Analysis
12.5.3South and Central America Street And Roadway Lighting Market Forecasts and Analysis - By Component
12.5.4South and Central America Street And Roadway Lighting Market Forecasts and Analysis - By Lighting Type
12.5.5South and Central America Street And Roadway Lighting Market Forecasts and Analysis - By Light Source
12.5.6South and Central America Street And Roadway Lighting Market Forecasts and Analysis - By Wattage Type
12.5.7South and Central America Street And Roadway Lighting Market Forecasts and Analysis - By Application
12.5.8South and Central America Street And Roadway Lighting Market Forecasts and Analysis - By Countries
12.5.8.1Brazil Street And Roadway Lighting Market
12.5.8.1.1Brazil Street And Roadway Lighting Market by Component
12.5.8.1.2Brazil Street And Roadway Lighting Market by Lighting Type
12.5.8.1.3Brazil Street And Roadway Lighting Market by Light Source
12.5.8.1.4Brazil Street And Roadway Lighting Market by Wattage Type
12.5.8.1.5Brazil Street And Roadway Lighting Market by Application
12.5.8.2Argentina Street And Roadway Lighting Market
12.5.8.2.1Argentina Street And Roadway Lighting Market by Component
12.5.8.2.2Argentina Street And Roadway Lighting Market by Lighting Type
12.5.8.2.3Argentina Street And Roadway Lighting Market by Light Source
12.5.8.2.4Argentina Street And Roadway Lighting Market by Wattage Type
12.5.8.2.5Argentina Street And Roadway Lighting Market by Application
12.5.8.3Rest of South and Central America Street And Roadway Lighting Market
12.5.8.3.1Rest of South and Central America Street And Roadway Lighting Market by Component
12.5.8.3.2Rest of South and Central America Street And Roadway Lighting Market by Lighting Type
12.5.8.3.3Rest of South and Central America Street And Roadway Lighting Market by Light Source
12.5.8.3.4Rest of South and Central America Street And Roadway Lighting Market by Wattage Type
12.5.8.3.5Rest of South and Central America Street And Roadway Lighting Market by Application
13.INDUSTRY LANDSCAPE
13.1.MERGERS AND ACQUISITIONS
13.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3.NEW PRODUCT LAUNCHES
13.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14.STREET AND ROADWAY LIGHTING MARKET, KEY COMPANY PROFILES
14.1.ACUITY BRANDS, INC.
14.1.1.Key Facts
14.1.2.Business Description
14.1.3.Products and Services
14.1.4.Financial Overview
14.1.5.SWOT Analysis
14.1.6.Key Developments
14.2.COOPER LIGHTING LLC.
14.2.1.Key Facts
14.2.2.Business Description
14.2.3.Products and Services
14.2.4.Financial Overview
14.2.5.SWOT Analysis
14.2.6.Key Developments
14.3.CREE INC.
14.3.1.Key Facts
14.3.2.Business Description
14.3.3.Products and Services
14.3.4.Financial Overview
14.3.5.SWOT Analysis
14.3.6.Key Developments
14.4.GE CURRENT
14.4.1.Key Facts
14.4.2.Business Description
14.4.3.Products and Services
14.4.4.Financial Overview
14.4.5.SWOT Analysis
14.4.6.Key Developments
14.5.HUBBELL INCORPORATED
14.5.1.Key Facts
14.5.2.Business Description
14.5.3.Products and Services
14.5.4.Financial Overview
14.5.5.SWOT Analysis
14.5.6.Key Developments
14.6.ITRON, INC.
14.6.1.Key Facts
14.6.2.Business Description
14.6.3.Products and Services
14.6.4.Financial Overview
14.6.5.SWOT Analysis
14.6.6.Key Developments
14.7.KONINKLIJKE PHILIPS N.V.
14.7.1.Key Facts
14.7.2.Business Description
14.7.3.Products and Services
14.7.4.Financial Overview
14.7.5.SWOT Analysis
14.7.6.Key Developments
14.8.LANDIS+GYR
14.8.1.Key Facts
14.8.2.Business Description
14.8.3.Products and Services
14.8.4.Financial Overview
14.8.5.SWOT Analysis
14.8.6.Key Developments
14.9.OSRAM GMBH
14.9.1.Key Facts
14.9.2.Business Description
14.9.3.Products and Services
14.9.4.Financial Overview
14.9.5.SWOT Analysis
14.9.6.Key Developments
14.10.ZUMTOBEL GROUP AG
14.10.1.Key Facts
14.10.2.Business Description
14.10.3.Products and Services
14.10.4.Financial Overview
14.10.5.SWOT Analysis
14.10.6.Key Developments
15.APPENDIX
15.1.ABOUT THE INSIGHT PARTNERS
15.2.GLOSSARY OF TERMS
1. Acuity Brands, Inc.
2. Cooper Lighting LLC.
3. Cree Inc.
4. GE Current
5. Hubbell Incorporated
6. Itron, Inc.
7. Koninklijke Philips N.V.
8. Landis+Gyr
9. OSRAM GmbH
10. Zumtobel Group AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.