Product Code: ETC4456591 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Vietnam Street Roadway Lighting Market is playing a vital role in urban development and infrastructure enhancement. Street lighting goes beyond traditional illumination, incorporating smart technologies and energy-efficient solutions to create safer and more sustainable urban environments. The market is witnessing increased investments in smart street lighting systems that offer features such as remote monitoring, adaptive lighting controls, and environmental sensors. In Vietnam, as cities and municipalities focus on enhancing public safety and reducing energy consumption, the Street Roadway Lighting Market is poised for significant expansion. The adoption of LED technology and smart lighting infrastructure is driving the market`s evolution, contributing to the overall development of smart cities in Vietnam.
The Vietnam Street and Roadway Lighting market is thriving, mainly due to the country`s urbanization and infrastructure development. As cities expand and roads multiply, the demand for safe and well-illuminated streets and roadways has surged. Local governments and municipalities are investing in modern, energy-efficient lighting solutions to enhance public safety, reduce energy consumption, and minimize maintenance costs. Additionally, smart street lighting systems with features like remote monitoring and adaptive lighting are gaining traction, further driving market growth.
The Vietnam Street & Roadway Lighting market faces a series of challenges related to urban infrastructure and public safety. An immediate concern is the need for energy-efficient lighting solutions to reduce operational costs and environmental impact, while maintaining adequate illumination for road safety. Retrofitting existing street lighting with more efficient technology can be expensive and time-consuming. The market must also address concerns regarding light pollution, as excessive or misdirected street lighting can disrupt the natural environment and negatively affect the quality of life for residents. Ensuring the durability of street and roadway lighting in adverse weather conditions, including typhoons and heavy rain, is another challenge. Furthermore, the market must adapt to advancements in smart lighting technology and IoT-based systems to improve energy management and enhance public safety. Lastly, complying with evolving regulations and standards for lighting and road safety remains a persistent challenge for stakeholders in the Vietnam Street & Roadway Lighting market.
The Vietnam Street Roadway Lighting Market has faced challenges during the COVID-19 pandemic due to disruptions in construction projects and municipal budgets. The initial slowdown in urban development activities led to a temporary decline in the demand for street and roadway lighting solutions. However, as infrastructure projects resume and cities prioritize smart lighting initiatives, the market is poised for recovery. The integration of energy-efficient and connected lighting technologies is expected to drive the demand for street and roadway lighting solutions in Vietnam.
The Vietnam street and roadway lighting sector have witnessed dynamic developments, with several key players shaping its trajectory. Companies like Signify N.V., Cree, Inc., and Zumtobel Group AG have emerged as frontrunners, leveraging cutting-edge technologies to enhance visibility, energy efficiency, and overall safety in urban and suburban environments. Their commitment to sustainable lighting solutions has positioned them as influencers in this vital segment.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Street , Roadway Lighting Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Street , Roadway Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Street , Roadway Lighting Market - Industry Life Cycle |
3.4 Vietnam Street , Roadway Lighting Market - Porter's Five Forces |
3.5 Vietnam Street , Roadway Lighting Market Revenues & Volume Share, By Lighting Type , 2021 & 2031F |
3.6 Vietnam Street , Roadway Lighting Market Revenues & Volume Share, By Light Source , 2021 & 2031F |
3.7 Vietnam Street , Roadway Lighting Market Revenues & Volume Share, By Wattage Type , 2021 & 2031F |
3.8 Vietnam Street , Roadway Lighting Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Vietnam Street , Roadway Lighting Market Revenues & Volume Share, By Offering, 2021 & 2031F |
4 Vietnam Street , Roadway Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting energy efficiency in lighting solutions |
4.2.2 Urbanization and infrastructure development projects in Vietnam |
4.2.3 Growing awareness and adoption of LED lighting technology in the market |
4.3 Market Restraints |
4.3.1 Economic fluctuations impacting infrastructure spending |
4.3.2 Lack of skilled workforce for installation and maintenance of lighting systems |
4.3.3 Price volatility of raw materials used in lighting production |
5 Vietnam Street , Roadway Lighting Market Trends |
6 Vietnam Street , Roadway Lighting Market, By Types |
6.1 Vietnam Street , Roadway Lighting Market, By Lighting Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Street , Roadway Lighting Market Revenues & Volume, By Lighting Type , 2021-2031F |
6.1.3 Vietnam Street , Roadway Lighting Market Revenues & Volume, By Conventional Lighting, 2021-2031F |
6.1.4 Vietnam Street , Roadway Lighting Market Revenues & Volume, By Smart Lighting, 2021-2031F |
6.2 Vietnam Street , Roadway Lighting Market, By Light Source |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Street , Roadway Lighting Market Revenues & Volume, By LEDs, 2021-2031F |
6.2.3 Vietnam Street , Roadway Lighting Market Revenues & Volume, By Fluorescent Lights, 2021-2031F |
6.2.4 Vietnam Street , Roadway Lighting Market Revenues & Volume, By HID Lamps, 2021-2031F |
6.3 Vietnam Street , Roadway Lighting Market, By Wattage Type |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Street , Roadway Lighting Market Revenues & Volume, By Less than 50W, 2021-2031F |
6.3.3 Vietnam Street , Roadway Lighting Market Revenues & Volume, By Between 50W and 150W, 2021-2031F |
6.3.4 Vietnam Street , Roadway Lighting Market Revenues & Volume, By More than 150W, 2021-2031F |
6.4 Vietnam Street , Roadway Lighting Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Street , Roadway Lighting Market Revenues & Volume, By Highways, 2021-2031F |
6.4.3 Vietnam Street , Roadway Lighting Market Revenues & Volume, By Street and Roadways, 2021-2031F |
6.4.4 Vietnam Street , Roadway Lighting Market Revenues & Volume, By Others, 2021-2031F |
6.5 Vietnam Street , Roadway Lighting Market, By Offering |
6.5.1 Overview and Analysis |
6.5.2 Vietnam Street , Roadway Lighting Market Revenues & Volume, By Hardware, 2021-2031F |
6.5.3 Vietnam Street , Roadway Lighting Market Revenues & Volume, By Software, 2021-2031F |
6.5.4 Vietnam Street , Roadway Lighting Market Revenues & Volume, By Services, 2021-2031F |
7 Vietnam Street , Roadway Lighting Market Import-Export Trade Statistics |
7.1 Vietnam Street , Roadway Lighting Market Export to Major Countries |
7.2 Vietnam Street , Roadway Lighting Market Imports from Major Countries |
8 Vietnam Street , Roadway Lighting Market Key Performance Indicators |
8.1 Energy efficiency savings achieved through LED street lighting installations |
8.2 Number of infrastructure projects incorporating modern lighting solutions |
8.3 Adoption rate of smart lighting technologies in street and roadway projects |
9 Vietnam Street , Roadway Lighting Market - Opportunity Assessment |
9.1 Vietnam Street , Roadway Lighting Market Opportunity Assessment, By Lighting Type , 2021 & 2031F |
9.2 Vietnam Street , Roadway Lighting Market Opportunity Assessment, By Light Source , 2021 & 2031F |
9.3 Vietnam Street , Roadway Lighting Market Opportunity Assessment, By Wattage Type , 2021 & 2031F |
9.4 Vietnam Street , Roadway Lighting Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Vietnam Street , Roadway Lighting Market Opportunity Assessment, By Offering, 2021 & 2031F |
10 Vietnam Street , Roadway Lighting Market - Competitive Landscape |
10.1 Vietnam Street , Roadway Lighting Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Street , Roadway Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |