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This report studies the LED Road Lighting market. An LED road light is an integrated light that uses light emitting diodes (LED) as its light source. These are considered integrated lights because, in most cases, the luminaire and the fixture are not separate parts. In manufacturing, the LED light cluster is sealed on a panel and then assembled to the LED panel with a heat sink to become an integrated lighting fixture.
Different designs have been created that incorporate various types of LEDs into a light fixture. Either few high-power LEDs or many low-power LEDs may be used. The shape of the LED road light depends on several factors, including LED configuration, the heat sink used with the LEDs and aesthetic design preference.
Heat sinks for LED road lights are similar in design to heat sinks used to cool other electronics such as computers. Heat sinks tend to have as many grooves as possible to facilitate the flow of hot air away from the LEDs. The area of heat exchange directly affects the lifespan of the LED road light.
The lifespan of an LED road light is determined by its light output compared to its original design specification. Once its brightness decreases by 30 percent, an LED road light is considered to be at the end of its life.
Most LED road lights have a lens on the LED panel, which is designed to cast its light in a rectangular pattern, an advantage compared to traditional street lights, which typically have a reflector on the back side of a high-pressure sodium lamp. In this case, much of the luminance of the light is lost and produces light pollution in the air and surrounding environment. Such street lights can also cause glare for drivers and pedestrians.
A drawback of LED focus panels is that most light is directed to the road, and less light to the footpaths and other areas. This can be addressed by the use of specialized lens design and adjustable mounting spigots.
This report contains market size and forecasts of LED Road Lighting in global, including the following market information:
Global LED Road Lighting Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global LED Road Lighting Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five LED Road Lighting companies in 2021 (%)
The global LED Road Lighting market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
<100W Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of LED Road Lighting include Cree, LEOTEK, Hubbell, Acuity Brands, LSI Industries Inc, GE Lighting, Philips Lighting, Eaton Cooper and Osram, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the LED Road Lighting manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LED Road Lighting Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LED Road Lighting Market Segment Percentages, by Type, 2021 (%)
<100W
100-150W
>150W
Global LED Road Lighting Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LED Road Lighting Market Segment Percentages, by Application, 2021 (%)
Highway
Arterial Road
Subsidiary Road& Residential Streets
Others
Global LED Road Lighting Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LED Road Lighting Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LED Road Lighting revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies LED Road Lighting revenues share in global market, 2021 (%)
Key companies LED Road Lighting sales in global market, 2017-2022 (Estimated), (K Units)
Key companies LED Road Lighting sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cree
LEOTEK
Hubbell
Acuity Brands
LSI Industries Inc
GE Lighting
Philips Lighting
Eaton Cooper
Osram
Kingsun
Revolution Lighting
Excellence Optoelectronics
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