South Africa Street, Roadway Lighting Market (2023-2029) Outlook | Value, Trends, Industry, Forecast, Companies, Analysis, Revenue, COVID-19 IMPACT, Size, Growth & Share

Name: South Africa Street , Roadway Lighting Market (2023-2029)
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Lighting Type (Conventional Lighting, Smart Lighting), By Light Source (LEDs, Fluorescent Lights, HID Lamps), By Wattage Type (Less than 50W, Between 50W and 150W, More than 150W), By End User (Highways, Street and Roadways, Others), By Offering (Hardware, Software, Services) And Competitive Landscape

Product Code: ETC4456609	Publication Date: Jul 2023	Updated Date: Oct 2023	Product Type: Report
Publisher: 6Wresearch	No. of Pages: 200	No. of Figures: 90	No. of Tables: 300

Topics Covered in the South Africa Street, Roadway Lighting Market

South Africa Street, Roadway Lighting Market report thoroughly covers the market by lighting type, by wattage type, by end user, and by offering. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

South Africa Street, Roadway Lighting Market Synopsis

South Africa Street, Roadway Lighting Market is a dynamic sector that plays an essential role in ensuring safe and efficient transportation infrastructure across the country. The market encompasses the design and maintenance of lighting systems along streets, highways, and other public ways. The demand for effective street lighting is driven by several key factors. The South Africa Street, Roadway Lighting Market size is forecast to grow, driven by urbanization, technological advancements, and a growing emphasis on sustainability.

According to 6Wresearch, the South Africa Street, Roadway Lighting Market is projected to grow during the forecast period of 2023-2029. One of the primary drivers for the growth of this market is the continuous urbanization and expansion of cities and towns. As the population grows and urban areas extend, there is a surging need for well-illuminated streets to enhance safety and security for pedestrians and drivers. Additionally, the push for energy-efficient solutions and the adoption of LED and smart lighting technologies are contributing significantly to the South Africa Street, Roadway Lighting Market Growth. The government's initiatives to upgrade and modernize existing lighting infrastructure further boost market expansion. However, one of the key obstacles is the economic constraints faced by municipalities and local authorities in funding comprehensive lighting projects. Budget limitations can impede the implementation of modern, energy-efficient lighting systems, hindering progress towards sustainable and technologically advanced solutions. Additionally, the maintenance of existing lighting infrastructure can pose a challenge, especially in remote areas. Moreover, fluctuations in raw material prices and supply chain disruptions can impact the cost-effectiveness of projects. In terms of trends, there is a notable shift towards adopting smart lighting solutions integrated with IoT technology. This allows for remote monitoring, real-time data analysis, and adaptive lighting controls, optimizing energy consumption and enhancing overall operational efficiency.

Government policies and schemes introduced in the South Africa Street, Roadway Lighting Market

One of the major policies is the Integrated National Electrification Programme (INEP) led by the government, aims to provide access to affordable services, including street lighting, to remote areas. It supports the development of energy infrastructure in communities. Another policy is Eskom, the state-owned electricity utility, has historically offered rebate programs to encourage the adoption of energy-efficient lighting technologies. Many municipalities in South Africa have implemented Municipal Energy Efficiency and Demand Side Management (EEDSM) Programs to promote energy efficiency and demand-side management. These programs often include initiatives for upgrading street lighting to more energy-efficient solutions.

The impact of COVID-19 on the South Africa Street, Roadway Lighting Market

The COVID-19 pandemic has had enormous impacts on the South Africa Street, Roadway Lighting Market Share as restrictions and disruptions in global supply chains affected the availability of lighting components, potentially causing delays in project implementation. The economic impact of the pandemic led to budget constraints for municipalities and local authorities. Moreover, the pandemic accelerated the adoption of smart lighting solutions that allow for remote monitoring and control, reducing the need for physical maintenance and enabling more flexible operation.

Leading players in the South Africa Street, Roadway Lighting Market

Several key players are prominent in the South Africa Street, Roadway Lighting Industry:

Philips Lighting
Osram
Eskom
BEKA Schréder

Market analysis by Light source

According to Ravi Bhandari, Research Head, 6Wresearch, LEDs are the dominant light source in modern street and roadway lighting owing to their energy efficiency and adaptability. Moreover, they are expected to lead the market in terms of revenue as they are increasingly replacing older technologies like HPS and fluorescent lights.

Market analysis by End User

By End User, the Street And Roadways segment is witnessing substantial growth, particularly in urban areas where municipalities are upgrading their lighting infrastructure. On the other hand, the demand for street and roadway lighting on highways remains steady, with a focus on energy-efficient technologies and smart lighting solutions.

Key attractiveness of the report

COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2019 to 2022.
Base Year: 2022.
Forecast Data until 2029.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report:

South Africa Street , Roadway Lighting Market Outlook
Market Size of South Africa Street , Roadway Lighting Market, 2023
Forecast of South Africa Street , Roadway Lighting Market, 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Revenues & Volume for the Period 2023 - 2029
South Africa Street , Roadway Lighting Market Trend Evolution
South Africa Street , Roadway Lighting Market Drivers and Challenges
South Africa Street , Roadway Lighting Price Trends
South Africa Street , Roadway Lighting Porter's Five Forces
South Africa Street , Roadway Lighting Industry Life Cycle
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Lighting Type for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Conventional Lighting for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Smart Lighting for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Light Source for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By LEDs for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Fluorescent Lights for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By HID Lamps for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Wattage Type for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Less than 50W for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Between 50W and 150W for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By More than 150W for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By End User for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Highways for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Street and Roadways for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Others for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Offering for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Hardware for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Software for the Period 2023 - 2029
Historical Data and Forecast of South Africa Street , Roadway Lighting Market Revenues & Volume By Services for the Period 2023 - 2029
South Africa Street , Roadway Lighting Import Export Trade Statistics
Market Opportunity Assessment By Lighting Type
Market Opportunity Assessment By Light Source
Market Opportunity Assessment By Wattage Type
Market Opportunity Assessment By End User
Market Opportunity Assessment By Offering
South Africa 5, Roadway Lighting Top Companies Market Share
South Africa Street , Roadway Lighting Competitive Benchmarking By Technical and Operational Parameters
South Africa Street , Roadway Lighting Company Profiles
South Africa Street , Roadway Lighting Key Strategic Recommendations