Transport Lighting Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Transport lighting are important for ensuring a safe and efficiently managed transport infrastructure. The increasing penetration of LED lighting in the automotive industry coupled with growing sales of passenger cars and commercial vehicles is expected to drive the market growth over the forecast period.

MARKET DYNAMICS

Increased adoption of solar powered LED lighting solutions is driving the transport lighting market. The high capital investments for smart lighting may restrain the growth of the transport lighting market. Furthermore, increasing adoption of smart city infrastructure is anticipated to create market opportunities for the transport lighting market during the forecast period.

MARKET SCOPE

The "Global transport lighting market Analysis to 2031" is a specialized and in-depth study of the transport lighting market with a special focus on the global market trend analysis. The report aims to provide an overview of transport lighting market with detailed market segmentation by light source, offering, installation type, application, and geography. The global transport lighting market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading transport lighting market players and offers key trends and opportunities in the transport lighting market.

MARKET SEGMENTATION

The global transport lighting market is segmented on the basis of light source, offering, installation type, and application. On the basis of lighting source the market is segmented into LED, HID, fluorescent. Based on offering the market is segmented into lamps and luminaires, control systems, and software and services. On the basis of installation type the market is segmented into new installation and retrofit installation/replacement installation. On the basis of application the market is segmented into station, rail yards, airport, and harbor/port.

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 transport lighting market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The transport 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 transport 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 transport lighting market in these regions.

MARKET PLAYERS

The reports cover key developments in the transport 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 transport lighting market are anticipated to lucrative growth opportunities in the future with the rising demand for transport lighting market. Below mentioned is the list of few companies engaged in the transport lighting market.

The report also includes the profiles of key transport lighting market 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.

•   Abacus
  
•   Signify Holding
  
•   OSRAM Licht AG
  
•   Eaton Corporation
  
•   GE Lighting (Division of Savant Systems)
  
•   Hubbell Inc.
  
•   Syska LED Lights Pvt. Ltd
  
•   LED roadway lighting Ltd
  
•   Midstream Ltd.
  
•   Acuity Brands, Inc.
  

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.

Transport Lighting Report Scope