Los Angeles, CA -- (SBWIRE) -- 11/30/2018 -- This report presents the worldwide LED street lighting market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

An LED Street Lighting (also referred to as LED road lighting) is an integrated light, emitting diode (LED) light fixture that is used for street lighting.

Cree, LEOTEK, GE Lighting captured the top three sales value share spots in the U.S. LED Street Lighting market in 2015. Cree dominated with 37 percent production value share, followed by LEOTEK with 32.67 percent production value share and GE Lighting with 13.25 percent sales value share.

In the next five years, the U.S. consumption of LED Street Lighting will show upward tendency further, consumption is expected in 2021 will be 4151.42 (K units). The average operating rate will remain at 33.85%.

Key factors boosting the demand for LEDs Street Lighting include continuously declining LED Street Lighting prices due to decreasing production cost coupled with initiatives taken by the US government.

Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.

Although sales of LED Street Lighting brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market.

The LED street lighting market was valued at 240 Million US$ in 2017 and is projected to reach 290 Million US$ by 2025, at a CAGR of 2.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for LED street lighting.

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The following manufacturers are covered in this report:

Cree

LEOTEK

GE Lighting

Hubbell

Philips Lighting

Osram

Excellence Optoelectronics

Eaton Cooper

Acuity Brands

Kingsun

LED Roadway Lighting

LED street lighting Breakdown Data by Type

<100W

100-150W

>150W

LED street lighting Breakdown Data by Application

Highway

Arterials

Subsidiary Road& Residential Streets

Others

LED street lighting Production by Region

United States

Europe

China

Japan

Other Regions

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