Infrastructure Lighting Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Technology (LED, Fluorescent, Incandescent), By Product (Recessed Lighting, Street Lighting, Spot Lighting, Flood Lighting), By Application (Residential, Industrial, Commercial), By Region, Competition 2018-2028
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Infrastructure | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationInfrastructure Lighting Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Technology (LED, Fluorescent, Incandescent), By Product (Recessed Lighting, Street Lighting, Spot Lighting, Flood Lighting), By Application (Residential, Industrial, Commercial), By Region, Competition 2018-2028
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 18.27 Billion |
| CAGR (2023-2028) | 5.68% |
| Fastest Growing Segment | Street Lighting |
| Largest Market | North America |
Global Infrastructure Lighting Market has valued at USD 18.27 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.68% through 2028. Traditional lighting solutions, including high-pressure sodium (HPS) and metal halide (MH) lamps, have been the cornerstone of infrastructure lighting for many years. These technologies offer consistent and reliable illumination but are gradually being phased out in favor of more energy-efficient alternatives due to their high energy consumption and maintenance costs. Light-emitting diode (LED) technology has revolutionized the infrastructure lighting market. LEDs are highly energy-efficient, with longer lifespans and lower maintenance requirements compared to traditional lighting. Moreover, LED lighting can be easily integrated into smart lighting systems, allowing for remote monitoring and control, which enhances energy savings and overall system efficiency. The rise of smart infrastructure lighting systems is a significant trend in the market. These systems incorporate sensors, connectivity, and data analytics to provide dynamic and adaptive lighting solutions. Smart lighting not only saves energy but also enhances safety by adjusting brightness based on real-time conditions, such as traffic flow or weather. Rising construction in both developing and developed countries, together with government laws limiting the use of inefficient lighting systems, are the primary factors anticipated to drive the market. LED lighting has a long lifespan, no flicker, and great illumination strength while consuming less energy. Additionally, LED manufacturers are focusing on including features like Wi-Fi, occupancy sensors, and daylighting because these attract customers and increase product sales, thus fostering market growth.
Key Market Drivers
Rising Demand for Energy-Efficient Solutions
In pursuit of sustainability, solar-powered lighting solutions have gained traction in the infrastructure lighting market. These systems harness solar energy to power LED lights, reducing dependence on the grid and lowering operational costs. Solar lighting is especially valuable in remote or off-grid areas where conventional power sources are scarce.
Urbanization and Infrastructure Development
One of the primary drivers of the infrastructure lighting market is the ongoing global urbanization trend. As more people migrate to urban areas, the need for well-lit and safe infrastructure becomes critical. New infrastructure projects, such as road expansions, smart cities, and public transportation systems, require efficient lighting solutions to ensure functionality and safety. The increasing emphasis on energy efficiency and sustainability has pushed governments and organizations to adopt eco-friendly lighting solutions. LED technology, in particular, aligns with sustainability goals by reducing energy consumption and carbon emissions. Governments worldwide are incentivizing the adoption of energy-efficient lighting through regulations and rebates.
Rapid technological advancements have fueled innovation in the infrastructure lighting market. LED technology, coupled with smart lighting systems, has made it possible to create adaptive lighting environments that respond to real-time data. This not only saves energy but also enhances safety and user experience.
Safety and Security
Safety and security concerns are pivotal drivers of infrastructure lighting. Well-lit roads and public spaces reduce accidents and deter criminal activity. Smart lighting systems can adjust brightness levels based on the presence of pedestrians or vehicles, making spaces safer and more secure. Government Initiatives and Regulations. Government initiatives and regulations play a significant role in shaping the infrastructure lighting market. Many countries have set energy efficiency targets and standards for lighting products. Additionally, incentive programs and subsidies encourage the adoption of energy-efficient lighting technologies, further boosting the market.
Public Awareness and Demand for Quality of Life
Growing public awareness of the importance of well-lit and aesthetically pleasing urban environments has driven demand for quality lighting. People now expect well-designed lighting solutions that enhance their quality of life, making aesthetics an essential consideration for infrastructure projects. The infrastructure lighting market exhibits regional variations due to differences in infrastructure development, government policies, and economic conditions. For instanceNorth America has been at the forefront of LED adoption in infrastructure lighting. The region's commitment to energy efficiency and sustainability has driven widespread LED retrofitting projects in cities and municipalities.
Europe is a leader in smart infrastructure lighting solutions. The European Union's ambitious energy efficiency goals have prompted investments in adaptive lighting systems that respond to traffic patterns and weather conditions. The Asia-Pacific region, with its rapid urbanization, represents a significant growth opportunity for the infrastructure lighting market. Countries like China and India are investing heavily in new infrastructure projects, creating a high demand for lighting solutions. LED lights are often a better option when compared to alternative lighting options like incandescent, CFL, incandescent, and halogen lights, as they can operate with little energy input while delivering strong illumination. LEDs are extensively utilized in both indoor and outdoor situations. LEDs allow designers versatility in their designs and the durability to withstand frequent switching. The market is expected to expand as consumers become more aware of their benefits.
American National Standards Institute, China Compulsory Certification, and International Electrotechnical Commission are a few significant regulatory bodies.
The American National Standards Institute, China Compulsory Certification, and International Electrotechnical Commission are a few significant regulatory bodies that manage product certification. Manufacturing after obtaining the required licenses permits to do business, offer services, and import and export products. Governments in both developed and developing economies are attempting to lower high energy usage.
They are doing this by upholding a number of quality laws that assist them in preserving consumer safety, managing energy use, and monitoring environmental issues. LED lighting is an energy-saving solution with a 50,000-hour lifespan and lower electricity use. As a result, it is anticipated that stringent government rules limiting the use of lighting that uses a lot of energy will promote the expansion of the market.
When used as overhead surgical illumination earlier, halogen lights bothered medical workers during procedures or examinations. Additionally, the examination room's 50 to 100 W halogen bulbs with the tiny surgical illumination produced a lot of heat and consumed too much electricity. As a result, one factor anticipated to fuel the expansion of the target LED lighting market is manufacturers' strategy for combining LEDs in surgical illumination, exam lights, phototherapy, and endoscopy to enhance patient treatment experiences. The development of the LED lighting industry is also anticipated to be impacted by technological advancements in the medical device sector that will replace older or less efficient equipment.
The COVID-19 pandemic negatively impacted the global economy. The demand for LED lighting was reduced as a result of rigorous suspensions and lockdowns imposed on construction sites. However, the second half of 2021 saw an increase in construction due to the introduction of new as well as upgrading projects, which contributed to the steady recovery of the industry for LED lighting.
Key Market Challenges
High Initial and Deployment Costs of LED Lighting System to Restrain Market Growth
In recent years, light emitting diode (LED) systems have experienced a substantial surge in their level of recognition. Nevertheless, the primary expense associated with purchasing a single unit of these systems surpasses that of the conventional CFL lighting systems currently found at. The components that comprise these systems, including diodes, transmitters, and capacitors, involve considerable costs, thereby directly influencing the initial retail price of the complete system. Additionally, the substitution of current lighting systems with LED alternatives and the installation of new LED lights pose affordability challenges for residential consumers, ultimately impeding the progress of the worldwide market.
Key Market Trends
The adoption of Light Emitting Diode (LED) technology continues to grow rapidly in the infrastructure lighting market. LED lights offer numerous advantages over traditional lighting solutions, including energy efficiency, long lifespan, and reduced maintenance costs. The city of Los Angeles, California, embarked on a massive LED streetlight retrofit project. By replacing traditional high-pressure sodium (HPS) streetlights with LED fixtures, the city achieved energy savings of over 60%. Moreover, the LED lights provided better visibility, enhancing safety for residents and reducing light pollution.
Smart Infrastructure Lighting
Smart infrastructure lighting systems are becoming increasingly popular. These systems utilize sensors, data analytics, and connectivity to create adaptive lighting environments. They can adjust lighting levels based on real-time data, such as traffic conditions, weather, and pedestrian movement, thereby enhancing energy efficiency and safety. The city of Copenhagen, Denmark, implemented a smart lighting system in its bicycle lanes. The system uses motion sensors to detect the presence of cyclists and pedestrians. When a user approaches, the lights brighten, providing a safer and more comfortable experience. This not only enhances safety but also reduces energy consumption during periods of low usage.
Solar-Powered Lighting
TrendSolar-powered lighting solutions are gaining prominence as sustainability becomes a focal point. These systems harness solar energy to power LED lights, reducing the reliance on the electrical grid and lowering operational costs. In rural areas of India where reliable access to electricity is a challenge, solar-powered streetlights have been deployed to improve safety and accessibility. The solar panels charge during the day, and the stored energy powers the LED streetlights at night, contributing to energy independence and reducing carbon emissions.
Aesthetic and Architectural Lighting
Beyond functionality, infrastructure lighting is increasingly seen as a means of enhancing aesthetics and creating distinctive urban environments. Architectural lighting designs are used to illuminate landmarks, bridges, and buildings, transforming cities into visually appealing spaces. The Sydney Opera House in Australia is a prime example of architectural lighting. Its unique and iconic design is accentuated at night with carefully designed lighting schemes that highlight its sail-like structures. This not only adds to the beauty of the cityscape but also draws tourists and visitors.
Human-Centric Lighting
TrendHuman-centric lighting is gaining attention for its ability to enhance well-being and productivity. This trend involves adjusting the color temperature and intensity of lighting to mimic natural daylight patterns, which can have positive effects on circadian rhythms and overall health. In healthcare facilities, such as hospitals and clinics, human-centric lighting systems have been installed to improve patient outcomes. These systems can simulate natural daylight, which aids in the healing process and helps patients maintain a healthy sleep-wake cycle. The integration of infrastructure lighting with the Internet of Things (IoT) and connectivity is expanding possibilities. Lighting systems are now part of larger smart city ecosystems, enabling data-driven decision-making and automation. In Singapore, lampposts have been equipped with sensors and cameras to create a "Smart Lamppost" network. These lampposts provide real-time data on air quality, traffic, and weather. The data collected is used for urban planning and improving the city's overall livability.
Segmental Insights
Operational Voltage Insights
In terms of market segmentation by voltage, the market was dominated by the up to 600V
Regional Insights
North America is expected to dominate the market during the forecast period. North America is a developed region with a well-established infrastructure
Recent Developments
- In July 2023, Zumtobel introduced two intelligentlighting technology systems and three new luminaires in its product portfolio.These cutting-edge solutions include the TRAMAO pendant luminaire for hotelsand offices, which effectually absorbs sound and delivers the highest lightquality, and the SLOTLIGHT infinity II light line family.
- In May 2023, Dialight announced the launch of itsindustry-leading 7-year warranty for Aviation Obstruction Lighting Solutions.This initiative highlighted the company’s commitment to both customersatisfaction and product quality in the LED lighting market.
- In May 2023, Zumtobel launched the all-newhigh-accuracy positioning luminaires. These new luminaires are integrated withIoT for smart analyses in logistic, retail, and industrial applications.
- In May 2023, Dialight launched the ProSite HighMast, an extension of the company’s ProSite Floodlight series. This advancedsolution is a precision-engineered LED lighting fixture purposed to supportmounting heights of up to 130 feet for diverse outdoor industrial applications,including airports, rail yards, container yards, transport, parking lots,product stockpiles, and perimeter lighting.
- In April 2023, Cree Lighting unveiled the launch ofits OSQ Series C mid-power LED Area and Flood luminaires. These solutionsfeature the groundbreaking NanoComfort Technology, delivering matchlessefficiency, astonishing visual comfort, precise control, reduced wind loadrequirements, and ease of installation.
- In February 2022, Digital Lumens introduced itsLightintelligence Port integrated with the CLE and RLE luminaire families. Thisintelligent LED luminaire is equipped with modular IoT capabilities and a smartport for achieving top-notch performance.
- In June 2021, LSI Industries launched the OpulenceSeries of architectural luminaires for outdoor applications. The Opulenceluminaires deliver world-class efficiency and can achieve outputs of up to14,000 lumens at color temperatures that range from 2700-5000K.
- In March 2021, Signify announced the launch of thefirst-in-India tailor-made 3D printed luminaires empowering a circular economy.The company also set up a design lab in Noida and a 3D printing facility inVadodara.
Key Market Players
- Cree Inc
- Hubbell Lighting
- ZumtobelGroup AG
- Philips Lighting
- Acuity Brands Inc.
- Dialight plc
- Eaton Corporation
- Osram GmbH
- GE Lighting
- SAMSUNG
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