Tunnel Lighting Market
Tunnel Lighting Market Analysis by LED Lighting, Electrodeless Lighting, Incandescent Lighting, and Fluorescent Lighting from 2023 to 2033
Analysis of Tunnel Lighting Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Tunnel Lighting Market Outlook (2023 to 2033)
According to Fact.MR, the global tunnel lighting market is forecasted to increase from a valuation of US$ 2.38 billion in 2023 to US$ 4 billion by 2033. Worldwide demand for tunnel lighting systems is predicted to rise at a CAGR of 5.4% from 2023 to 2033.
To maintain traffic safety, tunnel lighting is crucial. Lighting up the items and achieving a balance between inside and outside brightness for vehicles entering or leaving the tunnel are the main goals. Since natural light penetration in tunnels hardly provides sufficient visibility for vehicles, tunnel lighting installation is needed to improve visibility and comfort.
Over the years, tunnel lights have advanced significantly, using high-performance, long-lasting lighting that is energy-efficient. As visibility is one of the most crucial requirements for tunnels, LED lights have established themselves in this sector.
Lighting on tunnel roads must be comfortable and safe and maximize users' visual capabilities. One-way tunnels' brightness levels can also be strengthened by the use of asymmetrical lighting. The market for tunnel lighting has seen several opportunities created by improvements in data collection methods, such as the use of sensors and ultramodern cameras.
- Railway tunnel lighting systems account for 47% of the global market. Governments all over the world are putting more emphasis on expanding their railway networks. Thus, the focus on expanding railway networks throughout the world is accelerating the growth of the tunnel lighting industry.
Use of energy-efficient LED lighting and control systems in new tunnel projects throughout the world is predicted to increase steadily over the forecast period, which is anticipated to help the market for tunnel lighting develop. Additionally, technological advancements such as daylight and weather-adaptable lighting are anticipated to increase the safety of transportation management systems in a cost-effective way, which will lead to an anticipated increase in demand for tunnel lighting systems.
Increasing need to reduce tunnel accidents and the rising demand for tunnel lighting from mining and railway tunnels are the reasons driving market expansion. Significant investments in R&D for the creation of improved lights can provide favorable growth prospects for the market throughout the projection period.
Report Attributes | Details |
---|---|
Tunnel Lighting Market Size (2023) |
US$ 2.38 Billion |
Forecasted Market Value (2033) |
US$ 4 Billion |
Global Market Growth Rate (2023 to 2033) |
5.4% CAGR |
Market Share of LED Lighting (2023) |
43% |
Japan Market Growth Rate (2023 to 2033) |
4.1% CAGR |
Germany Market Growth Rate (2023 to 2033) |
5.8% CAGR |
India Market Size (2023) |
US$ 164.1 Million |
United States Market Growth Rate (2023 to 2033) |
5.6% CAGR |
Market Share of Railway Tunnels (2023) |
47% |
Key Companies Profiled |
|
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Why is the Need for Tunnel Lighting Increasing Steadily?
“Increasing Focus on Road Safety across Countries”
Highway tunnels are most prone to accidents due to the high speed of vehicles. To ensure a smooth flow of traffic, it is crucial to maintain adequate lighting conditions inside the tunnel. Correct lighting enables car drivers to see difficulties and travel the tunnel without slowing down.
Expansion of road networks in isolated and mountainous areas is resulting in the building of more recent roadway tunnels. Thus, market expansion is being driven by an increase in roadway tunnel construction projects as well as the necessity of road safety.
“Surging Mining Activities Driving High Need for Tunnel Lighting Systems”
Minerals are extracted from the earth's surface through mining. These minerals are the foundation of human civilization, as their use has greatly accelerated the growth of human society. Numerous businesses utilize the derived minerals extensively. Among the most mined minerals are coal, iron ore, gold, aluminum, copper, and iron ore.
It is anticipated that the demand for minerals would rise considerably throughout the projection period due to the acceleration of industrialization, urbanization, and the rise in energy needs. The use of tunnel lighting for mining applications is projected to boost market expansion over the coming years.
“Growing Focus on Sustainable Urban Mobility”
The tunnel lighting business is undergoing a seismic change toward energy efficiency and sustainability amid environmental concerns. Manufacturers of tunnel lighting are increasingly concentrating on releasing solutions that comply with strict regulations regarding the usage of tunnel lighting in various countries.
As governments throughout the world keep investing in enhancing transportation infrastructure, tunnel construction projects have expanded quickly, which has led to an increase in the demand for tunnel lighting. During the projection period, it is anticipated that rising concerns about vehicle safety and attention to sustainable urban mobility will drive up demand for tunnel lighting systems.
What is Hindering the Sales Growth of Tunnel Lighting Equipment?
“Initial High Cost of Tunnel Lighting Deployment”
The initial high cost of tunnel lighting deployment is anticipated to have a detrimental impact on the market for tunnel lighting as a whole. These lighting systems need to be installed in addition to having power sources and electronics, which considerably raises the cost. The price of the circuitry can also restrain market expansion.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
How are New Companies Opening Frontiers for Future Growth?
“New Market Players Concentrating on Introducing Modern Tunnel LED Lighting Systems”
New companies need to increase their investments in transport infrastructure due to the ongoing rise of the world's population. As a result, more tunnel-building projects are being undertaken globally, which is boosting the need for tunnel lighting.
A significant factor in reducing tunnel accidents has been the remarkable lighting quality displayed by several modern tunnel LED lighting systems. These lighting systems are created in a way that complies with the strict safety requirements established by various regulatory organizations.
Start-ups should take advantage of the escalating demand for LED lighting in modern tunnel systems. Aspiring market players are concentrating on creating compelling digital marketing campaigns to increase brand exposure.
Solid-state lighting (SSL) is anticipated to pick up speed over the coming years as more local governments favor installing LED lighting systems in tunnels. The quality of LED lighting systems has also steadily increased as SSL technologies advance, which is another important development that will drive demand during the projection period.
Country-wise Insights
What is the Demand Scenario for Tunnel Lighting in the United States?
“Increase in Government Spending on Improving Tunnel Visibility”
- The market in the United States is slated to reach US$ 776.8 million by 2033.
The United States is a major market for tunnel lighting due to growing transportation safety regulations. The main factors driving market expansion are an increase in government spending to improve tunnel visibility and the rising need for tunnel lighting in the rail industry.
This market is projected to experience prominent growth over the forecast period due to an increase in several initiatives to enhance the transport infrastructure. Due to an increase in federal financing for highways and railroads, the road and transportation construction business in North America is expanding rapidly.
How Will the Tunnel Lighting Market Fare Across Germany?
“Presence of Well-developed Transportation Industry”
- Demand for tunnel lighting in Germany is valued at US$ 209.3 million in 2023.
Germany is projected to emerge as the most lucrative market for tunnel lighting over the forecast period due to the rapid integration of advanced technologies in tunnel lighting systems. The market for tunnel lighting systems in Germany is influenced favorably by the presence of a well-developed transportation industry and increasing construction activities. The growing usage of LED technology for tunnel lighting applications is fostering market expansion.
What Allows China to Dominate the Tunnel Lighting Market?
“Rapid Rise in Tunnel Construction Projects in the Country”
- Sales of tunnel lighting systems in China are estimated to rise at a CAGR of 6% through 2033.
Market growth is driven by stringent environmental protection laws, a rise in tunnel construction projects, supportive government initiatives to improve infrastructural capabilities, and rapid industrialization. Additionally, governments are favoring the deployment of energy-efficient technologies due to the growing need for energy conservation, which is accelerating market expansion in China.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Category-wise Insights
Which Tunnel Lighting Type is Predicted to Generate High Revenue?
“LED Lighting Systems in High Demand Due to Their Energy Efficiency”
Based on type, the market is classified into LED lighting, electrodeless lighting, incandescent lighting, fluorescent lighting, and others.
- At present, LED lighting systems are the most sought-after, holding 43% market share.
Governments and businesses worldwide are investing in energy-efficient and effective technology due to the growing demand for energy conservation and concerns about rising levels of carbon emissions. Incandescent lighting, fluorescent lighting, sodium lighting, and other types of lighting are commonly used in tunnels. These kinds of lighting use more power.
Tunnel lighting manufacturers are increasingly attracted to incorporating LEDs in their products. All shapes, including rectangles, squares, round, and linear, can be created for LED lighting. As a result, the market for tunnel lighting will rise over the coming years due to the rising popularity of LED tunnel lighting.
The ability of the current generation of LED lights to withstand corrosive environments and provide over 75% power efficiency, as well as their important role in helping drivers adjust and adapt to the road efficiently, have all significantly increased demand for light towers in recent years. LED lighting is anticipated to continue being the most popular lighting option in the market for the duration of the forecast period.
LED tunnel lights are in extremely high demand due to their many benefits. Since LED tunnel lights employ a low-voltage power source, their power consumption is minimal. They are tiny in size, energy-efficient, long-lasting, brilliant, widely applicable, quick to respond, and very stable. Additionally, since they can be recycled and are composed of non-toxic materials, LED tunnel lights are environmentally beneficial.
Competitive Landscape
Key players in the market are focusing on new developments, quality control, collaborations, and partnerships to expand their reach across the world. Leading companies are investing in research & development to find new applications of tunnel lighting to stay ahead of the competition in the market.
For instance :
- In 2020, the Wisconsin-based Racine manufacturing facility's expansion was announced by Cree Lighting.
Key Segments of Tunnel Lighting Industry Research
-
By Type :
- LED Lighting
- Electrodeless Lighting
- Incandescent Lighting
- Fluorescent Lighting
- Others
-
By Shape :
- Linear
- Round
- Square
- Rectangular
- Others
-
By Installation :
- Surface-mounted
- Hanging
- Recessed/Side Wall-mounted
-
By Application :
- Roadway Tunnels
- Railway Tunnels
- Mining Tunnels
- Public Work Tunnels
- Others
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Summary of Statistics 1.3. Key Market Characteristics & Attributes 1.4. Fact.MR Analysis And Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Risks And Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis And Impact on Market Demand 3.1.2. COVID-19 Crisis And Impact on Market Prices 3.1.3. COVID-19 Impact Benchmark with Previous Crisis 3.1.3.1. Change in Market Demand 3.1.3.2. Before And After COVID-19 Crisis (Projected) 3.1.3.3. Before And After Sub-prime Crisis – 2008 (Actual) 3.1.3.4. Change in Demand post Recovery Period (After Each Crisis) 3.1.4. Impact on Market Value (US$ Mn) 3.1.4.1. Likely Loss of Value in 2022 3.1.4.2. Mid-term And Long Term Forecast 3.1.4.3. Quarter by Quarter Demand And Recovery Assessment 3.1.5. Anticipated Demand And Value Recovery Curve 3.1.5.1. Likelihood of U-Shape Recovery 3.1.5.2. Likelihood of L-Shape Recovery 3.1.6. Recovery Period Assessment by Key Countries 3.1.7. Recovery Assessment by Key Market Segments 3.1.8. Action Points And Recommendation for Suppliers 3.2. Key Trends Impacting the Market 3.3. Formulation And Product Development Trends 4. Key Success Factors 4.1. Market Adoption / Usage Analysis 4.2. Product USPs / Features 4.3. Strategic Promotional Activities 4.4. Others (Discussed in Report) 5. Global Market Demand Analysis 2018-2022 And Forecast, 2023-2033 5.1. Historical Market Value (US$ Mn) Analysis, 2018-2022 5.2. Current And Future Market Value (US$ Mn) Projections, 2023-2033 5.3. Y-o-Y Growth Trend Analysis 6. Global Market - Pricing Analysis 6.1. Regional Pricing Analysis By Technology Type 6.2. Pricing Break-up 6.3. Global Average Pricing Analysis Benchmark 7. Global Market Value Analysis 2018-2022 And Forecast, 2023-2033 7.1. Historical Market Value (US$ Mn) Analysis, 2018-2022 7.2. Current And Future Market Value (US$ Mn) Projections, 2023-2033 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Global Market Analysis 2018-2022 And Forecast 2023-2033, By Type 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ Mn) And Analysis By Type, 2018-2022 8.3. Current And Future Market Size (US$ Mn) And Analysis And Forecast By Type, 2023-2033 8.3.1. LED Lighting 8.3.2. Electrodeless Lighting 8.3.3. Incandescent Lighting 8.3.4. Fluorescent Lighting 8.3.5. Others 8.4. Market Attractiveness Analysis By Type 9. Global Market Analysis 2018-2022 And Forecast 2023-2033, By Shape 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Mn) And Analysis By Shape, 2018-2022 9.3. Current And Future Market Size (US$ Mn) And Analysis And Forecast By Shape, 2023-2033 9.3.1. Linear 9.3.2. Round 9.3.3. Square 9.3.4. Rectangular 9.3.5. Others 9.4. Market Attractiveness Analysis By Shape 10. Global Market Analysis 2018-2022 And Forecast 2023-2033, By Installation 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) And Analysis By Installation, 2018-2022 10.3. Current And Future Market Size (US$ Mn) And Analysis And Forecast By Installation, 2023-2033 10.3.1. Surface Mounted 10.3.2. Hanging 10.3.3. Research Area 10.3.4. Mounted 10.4. Market Attractiveness Analysis By Installation 11. Global Market Analysis 2018-2022 And Forecast 2023-2033, By Application 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) And Analysis By Type, 2018-2022 11.3. Current And Future Market Size (US$ Mn) And Analysis And Forecast By Type, 2023-2033 11.3.1. Roadway Tunnel 11.3.2. Railway Tunnel 11.3.3. Mining Tunnel 11.3.4. Public Works Tunnel 11.3.5. Others 11.4. Market Attractiveness Analysis By Application 12. Global Market Analysis 2018-2022 And Forecast 2023-2033, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Mn) And Analysis By Region, 2018-2022 12.3. Current Market Size (US$ Mn) And Analysis And Forecast By Region, 2023-2033 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia 12.3.6. Oceania 12.3.7. Middle East And Africa (MEA) 12.4. Market Attractiveness Analysis By Region 13. North America Market Analysis 2018-2022 And Forecast 2023-2033 13.1. Introduction 13.2. Pricing Analysis 13.3. Historical Market Size (US$ Mn) And Trend Analysis By Market Taxonomy, 2018-2022 13.4. Market Size (US$ Mn) And Forecast By Market Taxonomy, 2023-2033 13.4.1. By Country 13.4.1.1. U.S. 13.4.1.2. Canada 13.4.2. By Type 13.4.3. By Shape 13.4.4. By Installation 13.4.5. By Application 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Type 13.5.3. By Shape 13.5.4. By Installation 13.5.5. By Application 14. Latin America Market Analysis 2018-2022 And Forecast 2023-2033 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Size (US$ Mn) And Trend Analysis By Market Taxonomy, 2018-2022 14.4. Market Size (US$ Mn) And Forecast By Market Taxonomy, 2023-2033 14.4.1. By Country 14.4.1.1. Brazil 14.4.1.2. Mexico 14.4.1.3. Rest of Latin America 14.4.2. By Type 14.4.3. By Shape 14.4.4. By Installation 14.4.5. By Application 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Type 14.5.3. By Shape 14.5.4. By Installation 14.5.5. By Application 15. Europe Market Analysis 2018-2022 And Forecast 2023-2033 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Size (US$ Mn) And Trend Analysis By Market Taxonomy, 2018-2022 15.4. Market Size (US$ Mn) And Forecast By Market Taxonomy, 2023-2033 15.4.1. By Country 15.4.1.1. Germany 15.4.1.2. France 15.4.1.3. Italy 15.4.1.4. Spain 15.4.1.5. U.K. 15.4.1.6. BENELUX 15.4.1.7. Russia 15.4.1.8. Rest of Europe 15.4.2. By Type 15.4.3. By Shape 15.4.4. By Installation 15.4.5. By Application 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By Type 15.5.3. By Shape 15.5.4. By Installation 15.5.5. By Application 16. East Asia Market Analysis 2018-2022 And Forecast 2023-2033 16.1. Introduction 16.2. Pricing Analysis 16.3. Historical Market Size (US$ Mn) And Trend Analysis By Market Taxonomy, 2018-2022 16.4. Market Size (US$ Mn) And Forecast By Market Taxonomy, 2023-2033 16.4.1. By Country 16.4.1.1. China 16.4.1.2. Japan 16.4.1.3. South Korea 16.4.2. By Type 16.4.3. By Shape 16.4.4. By Installation 16.4.5. By Application 16.5. Market Attractiveness Analysis 16.5.1. By Country 16.5.2. By Type 16.5.3. By Shape 16.5.4. By Installation 16.5.5. By Application 17. South Asia Market Analysis 2018-2022 And Forecast 2023-2033 17.1. Introduction 17.2. Pricing Analysis 17.3. Historical Market Size (US$ Mn) And Trend Analysis By Market Taxonomy, 2018-2022 17.4. Market Size (US$ Mn) and Forecast By Market Taxonomy, 2023-2033 17.4.1. By Country 17.4.1.1. India 17.4.1.2. Thailand 17.4.1.3. Indonesia 17.4.1.4. Malaysia 17.4.1.5. Rest of South Asia 17.4.2. By Type 17.4.3. By Shape 17.4.4. By Installation 17.4.5. By Application 17.5. Market Attractiveness Analysis 17.5.1. By Country 17.5.2. By Type 17.5.3. By Shape 17.5.4. By Installation 17.5.5. By Application 18. Oceania Market Analysis 2018-2022 And Forecast 2023-2033 18.1. Introduction 18.2. Pricing Analysis 18.3. Historical Market Size (US$ Mn) And Trend Analysis By Market Taxonomy, 2018-2022 18.4. Market Size (US$ Mn) And Forecast By Market Taxonomy, 2023-2033 18.4.1. By Country 18.4.1.1. Australia 18.4.1.2. New Zealand 18.4.2. By Type 18.4.3. By Shape 18.4.4. By Installation 18.4.5. By Type 18.5. Market Attractiveness Analysis 18.5.1. By Country 18.5.2. By Type 18.5.3. By Shape 18.5.4. By Installation 18.5.5. By Application 19. Middle East And Africa Market Analysis 2018-2022 And Forecast 2023-2033 19.1. Introduction 19.2. Pricing Analysis 19.3. Historical Market Size (US$ Mn) And Trend Analysis By Market Taxonomy, 2018-2022 19.4. Market Size (US$ Mn) And Forecast By Market Taxonomy, 2023-2033 19.4.1. By Country 19.4.1.1. GCC Countries 19.4.1.2. South Africa 19.4.1.3. Northern Africa 19.4.1.4. Turkey 19.4.1.5. Rest of Middle East And Africa 19.4.2. By Type 19.4.3. By Shape 19.4.4. By Installation 19.4.5. By Application 19.5. Market Attractiveness Analysis 19.5.1. By Country 19.5.2. By Type 19.5.3. By Shape 19.5.4. By Installation 19.5.5. By Application 20. Key Countries Market Analysis 2018-2022 And Forecast 2023-2033 20.1. Introduction 20.1.1. Market Value Proportion Analysis, By Key Countries 20.1.2. Global Vs. Country Growth Comparison 20.2. US Market Analysis 20.2.1. Value Proportion Analysis by Market Taxonomy 20.2.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.2.2.1. By Type 20.2.2.2. By Shape 20.2.2.3. By Installation 20.2.2.4. By Application 20.2.3. Competition Landscape And Player Concentration in the Country 20.3. Canada Market Analysis 20.3.1. Value Proportion Analysis by Market Taxonomy 20.3.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.3.2.1. By Type 20.3.2.2. By Shape 20.3.2.3. By Installation 20.3.2.4. By Application 20.3.3. Competition Landscape And Player Concentration in the Country 20.4. Argentina Market Analysis 20.4.1. Value Proportion Analysis by Market Taxonomy 20.4.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.4.2.1. By Type 20.4.2.2. By Shape 20.4.2.3. By Installation 20.4.2.4. By Application 20.4.3. Competition Landscape And Player Concentration in the Country 20.5. Mexico Market Analysis 20.5.1. Value Proportion Analysis by Market Taxonomy 20.5.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.5.2.1. By Type 20.5.2.2. By Shape 20.5.2.3. By Installation 20.5.2.4. By Application 20.5.3. Competition Landscape And Player Concentration in the Country 20.6. Brazil Market Analysis 20.6.1. Value Proportion Analysis by Market Taxonomy 20.6.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.6.2.1. By Type 20.6.2.2. By Shape 20.6.2.3. By Installation 20.6.2.4. By Application 20.6.3. Competition Landscape And Player Concentration in the Country 20.7. Germany Market Analysis 20.7.1. Value Proportion Analysis by Market Taxonomy 20.7.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.7.2.1. By Type 20.7.2.2. By Shape 20.7.2.3. By Installation 20.7.2.4. By Application 20.7.3. Competition Landscape And Player Concentration in the Country 20.8. France Market Analysis 20.8.1. Value Proportion Analysis by Market Taxonomy 20.8.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.8.2.1. By Type 20.8.2.2. By Shape 20.8.2.3. By Installation 20.8.2.4. By Application 20.8.3. Competition Landscape And Player Concentration in the Country 20.9. UK Market Analysis 20.9.1. Value Proportion Analysis by Market Taxonomy 20.9.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.9.2.1. By Type 20.9.2.2. By Shape 20.9.2.3. By Installation 20.9.2.4. By Application 20.9.3. Competition Landscape And Player Concentration in the Country 20.10. Italy Market Analysis 20.10.1. Value Proportion Analysis by Market Taxonomy 20.10.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.10.2.1. By Type 20.10.2.2. By Shape 20.10.2.3. By Installation 20.10.2.4. By Application 20.10.3. Competition Landscape And Player Concentration in the Country 20.11. Spain Market Analysis 20.11.1. Value Proportion Analysis by Market Taxonomy 20.11.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.11.2.1. By Type 20.11.2.2. By Shape 20.11.2.3. By Installation 20.11.2.4. By Application 20.11.3. Competition Landscape And Player Concentration in the Country 20.12. BENELUX Market Analysis 20.12.1. Value Proportion Analysis by Market Taxonomy 20.12.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.12.2.1. By Type 20.12.2.2. By Shape 20.12.2.3. By Installation 20.12.2.4. By Application 20.12.3. Competition Landscape And Player Concentration in the Country 20.13. Russia Market Analysis 20.13.1. Value Proportion Analysis by Market Taxonomy 20.13.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.13.2.1. By Type 20.13.2.2. By Shape 20.13.2.3. By Installation 20.13.2.4. By Application 20.13.3. Competition Landscape And Player Concentration in the Country 20.14. China Market Analysis 20.14.1. Value Proportion Analysis by Market Taxonomy 20.14.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.14.2.1. By Type 20.14.2.2. By Shape 20.14.2.3. By Installation 20.14.2.4. By Application 20.14.3. Competition Landscape And Player Concentration in the Country 20.15. Japan Market Analysis 20.15.1. Value Proportion Analysis by Market Taxonomy 20.15.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.15.2.1. By Type 20.15.2.2. By Shape 20.15.2.3. By Installation 20.15.2.4. By Application 20.15.3. Competition Landscape And Player Concentration in the Country 20.16. South Korea Market Analysis 20.16.1. Value Proportion Analysis by Market Taxonomy 20.16.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.16.2.1. By Type 20.16.2.2. By Shape 20.16.2.3. By Installation 20.16.2.4. By Application 20.16.3. Competition Landscape And Player Concentration in the Country 20.17. Australia Market Analysis 20.17.1. Value Proportion Analysis by Market Taxonomy 20.17.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.17.2.1. By Type 20.17.2.2. By Shape 20.17.2.3. By Installation 20.17.2.4. By Application 20.17.3. Competition Landscape And Player Concentration in the Country 20.18. India Market Analysis 20.18.1. Value Proportion Analysis by Market Taxonomy 20.18.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.18.2.1. By Type 20.18.2.2. By Shape 20.18.2.3. By Installation 20.18.2.4. By Application 20.18.3. Competition Landscape And Player Concentration in the Country 20.19. ASEAN Countries Market Analysis 20.19.1. Value Proportion Analysis by Market Taxonomy 20.19.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.19.2.1. By Type 20.19.2.2. By Shape 20.19.2.3. By Installation 20.19.2.4. By Application 20.19.3. Competition Landscape And Player Concentration in the Country 20.20. Turkey Market Analysis 20.20.1. Value Proportion Analysis by Market Taxonomy 20.20.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.20.2.1. By Type 20.20.2.2. By Shape 20.20.2.3. By Installation 20.20.2.4. By Application 20.20.3. Competition Landscape And Player Concentration in the Country 20.21. GCC Countries Market Analysis 20.21.1. Value Proportion Analysis by Market Taxonomy 20.21.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.21.2.1. By Type 20.21.2.2. By Shape 20.21.2.3. By Installation 20.21.2.4. By Application 20.21.3. Competition Landscape And Player Concentration in the Country 20.22. South Africa Market Analysis 20.22.1. Value Proportion Analysis by Market Taxonomy 20.22.2. Value Analysis And Forecast by Market Taxonomy, 2018-2033 20.22.2.1. By Type 20.22.2.2. By Shape 20.22.2.3. By Installation 20.22.2.4. By Application 20.22.3. Competition Landscape And Player Concentration in the Country 21. Market Structure Analysis 21.1. Market Analysis by Tier of Companies 21.2. Market Concentration 21.3. Market Share Analysis of Top Players 21.4. Market Presence Analysis 21.4.1. By Regional footprint of Players 21.4.2. Product footprint by Players 21.4.3. Channel footprint by Players 22. Competition Analysis 22.1. Competition Dashboard 22.2. Competition Benchmarking 22.3. Competition Deep Dive (Indicative List) 22.3.1. Acuity Brands Lighting, Inc. 22.3.1.1. Overview 22.3.1.2. Product Portfolio 22.3.1.3. Sales Footprint 22.3.1.4. Strategy Overview 22.3.2. Aeon Lighting Technology Inc.. 22.3.2.1. Overview 22.3.2.2. Product Portfolio 22.3.2.3. Sales Footprint 22.3.2.4. Strategy Overview 22.3.3. Cree Inc.. 22.3.3.1. Overview 22.3.3.2. Product Portfolio 22.3.3.3. Sales Footprint 22.3.3.4. Strategy Overview 22.3.4. Generic Electric Company 22.3.4.1. Overview 22.3.4.2. Product Portfolio 22.3.4.3. Sales Footprint 22.3.4.4. Strategy Overview 22.3.5. Kenall Manufacturing 22.3.5.1. Overview 22.3.5.2. Product Portfolio 22.3.5.3. Sales Footprint 22.3.5.4. Strategy Overview 22.3.6. Koninklijke Philips N.V. 22.3.6.1. Overview 22.3.6.2. Product Portfolio 22.3.6.3. Sales Footprint 22.3.6.4. Strategy Overview 22.3.7. Zumtobel Group AG 22.3.7.1. Overview 22.3.7.2. Product Portfolio 22.3.7.3. Sales Footprint 22.3.7.4. Strategy Overview 22.3.8. NINGBO GOLDEN CLASSIC LIGHTING CO., LTD. 22.3.8.1. Overview 22.3.8.2. Product Portfolio 22.3.8.3. Sales Footprint 22.3.8.4. Strategy Overview 22.3.9. Schréder. 22.3.9.1. Overview 22.3.9.2. Product Portfolio 22.3.9.3. Sales Footprint 22.3.9.4. Strategy Overview 22.3.10. Thorlux Lighting 22.3.10.1. Overview 22.3.10.2. Product Portfolio 22.3.10.3. Sales Footprint 22.3.10.4. Strategy Overview 22.3.11. Other Prominent Players 22.3.11.1. Overview 22.3.11.2. Product Portfolio 22.3.11.3. Sales Footprint 22.3.11.4. Strategy Overview 23. Assumptions And Acronyms Used 24. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01: Global Market Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 02: Global Market Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 03: Global Market Value (US$ Mn) and Analysis, By Shape, 2018-2022
Table 04: Global Market Value (US$ Mn) and Analysis, By Shape, 2023-2033
Table 05: Global Market Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 06: Global Market Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 07: Global Market Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 08: Global Market Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 09: Global Value (US$ Mn) and Analysis, by Region, 2018-2022
Table 10: Global Value (US$ Mn) and Analysis, by Region, 2023-2033
Table 11: North America Value (US$ Mn) and Analysis, by Country, 2018-2022
Table 12: North America Value (US$ Mn) and Analysis, by Country, 2023-2033
Table 13: North America Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 14: North America Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 15: North America Value (US$ Mn) and Analysis, By Shape, 2018-2022
Table 16: North America Value (US$ Mn) and Analysis, By Shape, 2023-2033
Table 17: North America Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 18: North America Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 19: North America Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 20: North America Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 21: Latin America Value (US$ Mn) and Analysis, by Country, 2018-2022
Table 22: Latin America Value (US$ Mn) and Analysis, by Country, 2023-2033
Table 23: Latin America Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 24: Latin America Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 25: Latin America Value (US$ Mn) and Analysis, By Shape, 2018-2022
Table 26: Latin America Value (US$ Mn) and Analysis, By Shape, 2023-2033
Table 27: Latin America Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 28: Latin America Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 29: Latin America Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 30: Latin America Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 31: Europe Value (US$ Mn) and Analysis, by Country, 2018-2022
Table 32: Europe Value (US$ Mn) and Analysis, by Country, 2023-2033
Table 33: Europe Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 34: Europe Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 35: Europe Value (US$ Mn) and Analysis, By Shape, 2018-2022
Table 36: Europe Value (US$ Mn) and Analysis, By Shape, 2023-2033
Table 37: Europe Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 38: Europe Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 39: Europe Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 40: Europe Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 41: East Asia Value (US$ Mn) and Analysis, by Country, 2018-2022
Table 42: East Asia Value (US$ Mn) and Analysis, by Country, 2023-2033
Table 43: East Asia Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 44: East Asia Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 45: East Asia Value (US$ Mn) and Analysis, By Shape, 2018-2022
Table 46: East Asia Value (US$ Mn) and Analysis, By Shape, 2023-2033
Table 47: East Asia Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 48: East Asia Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 49: East Asia Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 50: East Asia Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 51: South Asia Value (US$ Mn) and Analysis, by Country, 2018-2022
Table 52: South Asia Value (US$ Mn) and Analysis, by Country, 2023-2033
Table 53: South Asia Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 54: South Asia Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 55: South Asia Value (US$ Mn) and Analysis, By Shape, 2018-2022
Table 56: South Asia Value (US$ Mn) and Analysis, By Shape, 2023-2033
Table 57: South Asia Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 58: South Asia Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 59: South Asia Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 60: South Asia Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 61: Oceania Value (US$ Mn) and Analysis, by Country, 2018-2022
Table 62: Oceania Value (US$ Mn) and Analysis, by Country, 2023-2033
Table 63: Oceania Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 64: Oceania Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 65: Oceania Value (US$ Mn) and Analysis, By Shape, 2018-2022
Table 66: Oceania Value (US$ Mn) and Analysis, By Shape, 2023-2033
Table 67: Oceania Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 68: Oceania Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 69: Oceania Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 70: Oceania Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 71: MEA Value (US$ Mn) and Analysis, by Country, 2018-2022
Table 72: MEA Value (US$ Mn) and Analysis, by Country, 2023-2033
Table 73: MEA Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 74: MEA Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 75: MEA Value (US$ Mn) and Analysis, By Shape, 2018-2022
Table 76: MEA Value (US$ Mn) and Analysis, By Shape, 2023-2033
Table 77: MEA Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 78: MEA Value (US$ Mn) and Analysis, By Type, 2023-2033
Table 79: MEA Value (US$ Mn) and Analysis, By Type, 2018-2022
Table 80: MEA Value (US$ Mn) and Analysis, By Type, 2023-2033
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Market Value (US$ Mn), Historical Analysis, 2018-2022
Figure 02: Global Market Value (US$ Mn), Forecast and Analysis, 2023-2033
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018-2033
Figure 04: Global Market Incremental $ Opportunity, 2023-2033
Figure 05: Global Market Share and BPS Analysis By Type, 2023 & 2033
Figure 06: Global Market Y-o-Y Growth Projections By Type, 2023-2033
Figure 07: Global Market Attractiveness Analysis By Type, 2023-2033
Figure 08: Global Market Share and BPS Analysis By Shape, 2023 & 2033
Figure 09: Global Market Y-o-Y Growth Projections By Shape, 2023-2033
Figure 10: Global Market Attractiveness Analysis By Shape, 2023-2033
Figure 11: Global Market Share and BPS Analysis By Installation, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Projections By Installation, 2023-2033
Figure 13: Global Market Attractiveness Analysis By Installation, 2023-2033
Figure 14: Global Market Share and BPS Analysis By Type, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections By Type, 2023-2033
Figure 16: Global Market Attractiveness Analysis By Type, 2023-2033
Figure 17: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 18: Global Market Y-o-Y Growth Projections by Region, 2023-2033
Figure 19: Global Market Attractiveness Index by Region, 2023-2033
Figure 20: North America Market Value (US$ Mn), Historical Analysis, 2018-2022
Figure 21: North America Market Value (US$ Mn), Forecast and Analysis, 2023-2033
Figure 22: North America Market Share Analysis by Country, 2023 & 2033
Figure 23: North America Market Y-o-Y Growth Projection by Country, 2023-2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023-2033
Figure 25: North America Market Share Analysis By Type, 2023 & 2033
Figure 26: North America Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 27: North America Market Attractiveness Analysis By Type, 2023-2033
Figure 28: North America Market Share Analysis By Shape, 2023 & 2033
Figure 29: North America Market Y-o-Y Growth Projection By Shape, 2023-2033
Figure 30: North America Market Attractiveness Analysis By Shape, 2023-2033
Figure 31: North America Market Share Analysis By Installation, 2023 & 2033
Figure 32: North America Market Y-o-Y Growth Projection By Installation, 2023-2033
Figure 33: North America Market Attractiveness Analysis By Installation, 2023-2033
Figure 34: North America Market Share Analysis By Type, 2023 & 2033
Figure 35: North America Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 36: North America Market Attractiveness Analysis By Type, 2023-2033
Figure 37: Latin America Market Value (US$ Mn), Historical Analysis, 2018-2022
Figure 38: Latin America Market Value (US$ Mn), Forecast and Analysis, 2023-2033
Figure 39: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 40: Latin America Market Y-o-Y Growth Projection by Country, 2023-2033
Figure 41: Latin America Market Attractiveness Analysis by Country, 2023-2033
Figure 42: Latin America Market Share Analysis By Type, 2023 & 2033
Figure 43: Latin America Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 44: Latin America Market Attractiveness Analysis By Type, 2023-2033
Figure 45: Latin America Market Share Analysis By Shape, 2023 & 2033
Figure 46: Latin America Market Y-o-Y Growth Projection By Shape, 2023-2033
Figure 47: Latin America Market Attractiveness Analysis By Shape, 2023-2033
Figure 48: Latin America Market Share Analysis By Installation, 2023 & 2033
Figure 49: Latin America Market Y-o-Y Growth Projection By Installation, 2023-2033
Figure 50: Latin America Market Attractiveness Analysis By Installation, 2023-2033
Figure 51: Latin America Market Share Analysis By Type, 2023 & 2033
Figure 52: Latin America Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 53: Latin America Market Attractiveness Analysis By Type, 2023-2033
Figure 54: Europe Market Value (US$ Mn), Historical Analysis, 2018-2022
Figure 55: Europe Market Value (US$ Mn), Forecast and Analysis, 2023-2033
Figure 56: Europe Market Share Analysis by Country, 2023 & 2033
Figure 57: Europe Market Y-o-Y Growth Projection by Country, 2023-2033
Figure 58: Europe Market Attractiveness Analysis by Country, 2023-2033
Figure 59: Europe Market Share Analysis By Type, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 61: Europe Market Attractiveness Analysis By Type, 2023-2033
Figure 62: Europe Market Share Analysis By Shape, 2023 & 2033
Figure 63: Europe Market Y-o-Y Growth Projection By Shape, 2023-2033
Figure 64: Europe Market Attractiveness Analysis By Shape, 2023-2033
Figure 65: Europe Market Share Analysis By Installation, 2023 & 2033
Figure 66: Europe Market Y-o-Y Growth Projection By Installation, 2023-2033
Figure 67: Europe Market Attractiveness Analysis By Installation, 2023-2033
Figure 68: Europe Market Share Analysis By Type, 2023 & 2033
Figure 69: Europe Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 70: Europe Market Attractiveness Analysis By Type, 2023-2033
Figure 71: East Asia Market Value (US$ Mn), Historical Analysis, 2018-2022
Figure 72: East Asia Market Value (US$ Mn), Forecast and Analysis, 2023-2033
Figure 73: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 74: East Asia Market Y-o-Y Growth Projection by Country, 2023-2033
Figure 75: East Asia Market Attractiveness Analysis by Country, 2023-2033
Figure 76: East Asia Market Share Analysis By Type, 2023 & 2033
Figure 77: East Asia Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 78: East Asia Market Attractiveness Analysis By Type, 2023-2033
Figure 79: East Asia Market Share Analysis By Shape, 2023 & 2033
Figure 80: East Asia Market Y-o-Y Growth Projection By Shape, 2023-2033
Figure 81: East Asia Market Attractiveness Analysis By Shape, 2023-2033
Figure 82: East Asia Market Share Analysis By Installation, 2023 & 2033
Figure 83: East Asia Market Y-o-Y Growth Projection By Installation, 2023-2033
Figure 84: East Asia Market Attractiveness Analysis By Installation, 2023-2033
Figure 85: East Asia Market Share Analysis By Type, 2023 & 2033
Figure 86: East Asia Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 87: East Asia Market Attractiveness Analysis By Type, 2023-2033
Figure 88: South Asia Market Value (US$ Mn), Historical Analysis, 2018-2022
Figure 89: South Asia Market Value (US$ Mn), Forecast and Analysis, 2023-2033
Figure 90: South Asia Market Share Analysis by Country, 2023 & 2033
Figure 91: South Asia Market Y-o-Y Growth Projection by Country, 2023-2033
Figure 92: South Asia Market Attractiveness Analysis by Country, 2023-2033
Figure 93: South Asia Market Share Analysis By Type, 2023 & 2033
Figure 94: South Asia Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 95: South Asia Market Attractiveness Analysis By Type, 2023-2033
Figure 96: South Asia Market Share Analysis By Shape, 2023 & 2033
Figure 97: South Asia Market Y-o-Y Growth Projection By Shape, 2023-2033
Figure 98: South Asia Market Attractiveness Analysis By Shape, 2023-2033
Figure 99: South Asia Market Share Analysis By Installation, 2023 & 2033
Figure 100: South Asia Market Y-o-Y Growth Projection By Installation, 2023-2033
Figure 101: South Asia Market Attractiveness Analysis By Installation, 2023-2033
Figure 102: South Asia Market Share Analysis By Type, 2023 & 2033
Figure 103: South Asia Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 104: South Asia Market Attractiveness Analysis By Type, 2023-2033
Figure 105: Oceania Market Value (US$ Mn), Historical Analysis, 2018-2022
Figure 106: Oceania Market Value (US$ Mn), Forecast and Analysis, 2023-2033
Figure 107: Oceania Market Share Analysis by Country, 2023 & 2033
Figure 108: Oceania Market Y-o-Y Growth Projection by Country, 2023-2033
Figure 109: Oceania Market Attractiveness Analysis by Country, 2023-2033
Figure 110: Oceania Market Share Analysis By Type, 2023 & 2033
Figure 111: Oceania Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 112: Oceania Market Attractiveness Analysis By Type, 2023-2033
Figure 113: Oceania Market Share Analysis By Shape, 2023 & 2033
Figure 114: Oceania Market Y-o-Y Growth Projection By Shape, 2023-2033
Figure 115: Oceania Market Attractiveness Analysis By Shape, 2023-2033
Figure 116: Oceania Market Share Analysis By Installation, 2023 & 2033
Figure 117: Oceania Market Y-o-Y Growth Projection By Installation, 2023-2033
Figure 118: Oceania Market Attractiveness Analysis By Installation, 2023-2033
Figure 119: Oceania Market Share Analysis By Type, 2023 & 2033
Figure 120: Oceania Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 121: Oceania Market Attractiveness Analysis By Type, 2023-2033
Figure 122: MEA Market Value (US$ Mn), Historical Analysis, 2018-2022
Figure 123: MEA Market Value (US$ Mn), Forecast and Analysis, 2023-2033
Figure 124: MEA Market Share Analysis by Country, 2023 & 2033
Figure 125: MEA Market Y-o-Y Growth Projection by Country, 2023-2033
Figure 126: MEA Market Attractiveness Analysis by Country, 2023-2033
Figure 127: MEA Market Share Analysis By Type, 2023 & 2033
Figure 128: MEA Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 129: MEA Market Attractiveness Analysis By Type, 2023-2033
Figure 130: MEA Market Share Analysis By Shape, 2023 & 2033
Figure 131: MEA Market Y-o-Y Growth Projection By Shape, 2023-2033
Figure 132: MEA Market Attractiveness Analysis By Shape, 2023-2033
Figure 133: MEA Market Share Analysis By Installation, 2023 & 2033
Figure 134: MEA Market Y-o-Y Growth Projection By Installation, 2023-2033
Figure 135: MEA Market Attractiveness Analysis By Installation, 2023-2033
Figure 136: MEA Market Share Analysis By Type, 2023 & 2033
Figure 137: MEA Market Y-o-Y Growth Projection By Type, 2023-2033
Figure 138: MEA Market Attractiveness Analysis By Type, 2023-2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the value of the tunnel lighting market?
The global tunnel lighting market is valued at US$ 2.38 billion in 2023.
What is the predicted size of the market for tunnel lighting by 2033?
Demand for tunnel lighting systems is set to reach a market value of US$ 4 billion by 2033.
What is the global sales forecast for tunnel lighting systems?
The market is projected to expand at a CAGR of 5.4% through 2033.
What is the growth outlook for tunnel lighting in India?
The market in India is set to rise at a CAGR of 4.3% from 2023 to 2033.
What is driving the demand for tunnel lighting systems?
Increasing tunnel construction projects and rapid expansion of the mining industry are boosting market expansion.