Tunnel Lighting Market Scope and Analysis by 2028
Tunnel Lighting Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2168.97 Million |
Market Size by 2031 | US$ 3302.53 Million |
Global CAGR (2023 - 2031) | 5.4% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Design
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Tunnel Lighting Market News and Recent Developments
The tunnel lighting market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the tunnel lighting market are listed below:
- Signify announced installing LED lighting in the recently inaugurated Ahmed Hamdy 2 Tunnel. Signify uses the latest lighting systems that match international specifications to enable remote control of lighting while delivering up to 70% energy savings. (Source: Signify, Press Release, October 2021)
- Tungsram Group signed an agreement in December to install the lighting of “Túnel de Tresponts” in Spain. The project marks the 6th tunnel lighting deal that the Budapest-based company has been awarded in Spain in 2020, a considerable achievement in light of the economic difficulties caused by the coronavirus pandemic. (Source: Tungsram Group, Press Release, September 2022)
Tunnel Lighting Market Report Coverage and Deliverables
The “Tunnel Lighting Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Tunnel lighting market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Tunnel lighting market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- tunnel lighting market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the tunnel lighting market
- Detailed company profiles