A recent research study published by MarkNtel Advisors cites that the South East Asia Street Lighting Market is set to record around 20% CAGR during 2021-2026. The major growth factors, challenges, opportunities, restraints, market trends, & competitive landscape are all discussed extensively in the report as per the following:

Historical Period: 2016-2019

Base Year: 2020

Forecast Years: 2021-26

Units: USD Million/Billion

The study also comprises the recent developments by the leading players operating in the market, their product portfolio, growth strategies, geographical presence, & financial situation. Both primary & secondary research methods have been used to attain precise & thorough information. The major restraints that may pose risks to the market expansion in the forecast years are also covered in the report. Moreover, it also offers useful insights on the untapped opportunities and challenges, along with some noteworthy recommendations to help companies prepare for unforeseen situations that may arise in the future. Here are some key inclusions of the report:

-Market size, share, segmentation, with prominent growth factors & opportunities.

-Geographical statistics of the Market.

-Covid-19 impact analysis of the market.

-Innovations, policies, regulations, product & service standards in the market.

-Key strategies adopted by the leading players in the South East Asia Street Lighting Market.

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Segmentation Analysis:

This part of the study comprises a thorough analysis of the size & volume of the South East Asia Street Lighting Market based on the segments & sub-segments cited below to help our readers identify the key aspects attributing to the industry’s growth across these segments and enrich their end-user positioning, targeting, & revenue.

Bifurcation, By Lighting Types

-Conventional Lighting

-Smart Lighting

Bifurcation, By Lighting Source

-LEDs

-Fluorescent Lights

-HID Lamps

Bifurcation, By Wattage Type

-Less than 50W

-Between 50W and 150W

-More than 150W

Bifurcation, By End-Users

-Highways

-Street and Roadways

-Others (Tunnels & Bridges)

Bifurcation, By Distribution Channel

-Wholesale/Retail Stores

-Direct Sales

Bifurcation, By Offering

-Hardware

--Lamps

--Streetlight poles

--Power Cabinet

-Software

-Services

--Deployment and Maintenance

--Configuration Services

Bifurcation, By Country

-Malaysia

-Indonesia

-Singapore

-Thailand

-Philippines

-Others

On the geographical front, the South East Asia Street Lighting Market expands across Indonesia, Malaysia, Singapore, Thailand, Philippines, and others.

Of them all, Indonesia is likely to massively contribute to the market growth in the forecast period, primarily due to various government initiatives toward substituting conventional lighting with energy-efficient lighting systems owing to their economic & environmental advantages. Additionally, the transformation of energy-efficient lighting systems into high energy-efficient lighting systems using LED products within Indonesia is another crucial aspect likely to lead the country to contribute to the overall market growth in the coming years. 

On the other front, Singapore introducing technology-neutral MEPS covering incandescent lamps between 25-200W and CFL lamps & LED bulbs up to 60W, particularly for the residential sector, shall also drive the market in the country during the forecast period.

On the other hand, Thailand has a wide range of street lighting policies, from mandatory MEPS for self-ballasted CFLs & double-capped fluorescent lamps, voluntary MEPS for single-capped CFLs & ballasts for fluorescent lamps, to voluntary labeling programs. Furthermore, the Electricity Generating Authority of Thailand (EGAT) is constantly promoting energy-efficient lighting projects through these schemes, which is another aspect that shall benefit the market across the country in the years to come. 

See the Most Recent Market Research on South East Asia Street Lighting Market- https://www.marknteladvisors.com/research-library/south-east-asia-street-lighting-market.html

Competitive Landscape:

This section involves a competitive analysis of the key companies participating in the South East Asia Street Lighting Market mentioned below, with insights like the company overview, financials, R&D investments, market share, key strategies adopted, strengths & weaknesses, product/service launch, etc. All insights mentioned in this section are gathered after thoroughly analyzing the leading companies operating in the industry, as well as the small & medium-sized enterprises that play crucial roles and have potential growth.

-SiriJaya

-OLE

-HeiSolar

-Philips Lighting

-NEWDVR (S) PTE LTD

-Honeywell

-LIGMAN

-Lumileds

-Lepower

-AEG lighting

-Wipro Lighting

-Others

Key Questions Addressed in the Market Report:

-What is the forecasted size, share, & CAGR of the South East Asia Street Lighting Market in the forecast period?

-What are the key trends projected to affect the South East Asia Street Lighting Market during 2021-2026?

-What is the estimated demand for different types of products/services in the South East Asia Street Lighting Market?

-What would be impact of strategic developments on the South East Asia Street Lighting Market in the mid to long-term?

-Who are the key stakeholders and players participating in the South East Asia Street Lighting Market?

-What are the different segments & sub-segments considered in the South East Asia Street Lighting Market research study?

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