France Outdoor LED Lighting Market Size and Share
Market Overview
| Study Period | 2019 - 2030 |
|---|---|
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 0.91 Billion |
| Market Size (2030) | USD 1.44 Billion |
| Growth Rate (2025 - 2030) | 9.68% CAGR |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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France Outdoor LED Lighting Market Analysis by Mordor Intelligence
The France outdoor LED lighting market size stands at USD 0.91 billion in 2025 and is forecast to advance at a 9.68% CAGR to reach USD 1.44 billion by 2030. Government-backed energy-efficiency mandates, rapidly falling LED component costs, and ambitious smart-city programs are steering municipalities toward connected luminaires that cut electricity use by 40-60% while expanding digital services. Competitive intensity is rising as European majors accelerate their vertical integration, while smaller French specialists carve out niches in solar and heritage applications. At the same time, supply-chain volatility and stringent heritage-zone rules temper growth by inflating retrofit costs and lengthening project timelines. Infrastructure convergence with 5G deployment is emerging as a lucrative adjacency, pushing lighting suppliers to design poles that host radio units, sensors, and fiber backhaul.
Key Report Takeaways
- By product type, luminaires captured 70.3% of the France outdoor LED lighting market share in 2024, while lamps are projected to post the highest forecast growth at an 8.6% CAGR through 2030.
- By application, street and roadway lighting accounted for 44.5% of the France outdoor LED lighting market size in 2024, and sports and stadium lighting is projected to expand at a 7.3% CAGR through 2030.
- By installation type, new installations accounted for 54.4% of the France outdoor LED lighting market in 2024, while retrofits are advancing at a 6.6% CAGR by 2030, and digital procurement gains traction.
- By distribution channel, direct sales accounted for 63.2% of the France outdoor LED lighting market in 2024, while e-commerce is advancing at a 7.8% CAGR by 2030, as digital procurement gains traction, municipalities seek lower-disruption upgrades.
France Outdoor LED Lighting Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Government energy-efficiency mandates and subsidies | +2.1% | National, focused on large cities | Medium term (2-4 years) |
| Smart city initiatives with connected lighting | +1.8% | Paris, Lyon, Marseille, Nice | Medium term (2-4 years) |
| Declining LED component prices and total-cost-of-ownership | +1.5% | Nationwide | Short term (≤ 2 years) |
| EU phase-out of legacy outdoor lamps | +2.3% | Accelerated in France | Short term (≤ 2 years) |
| Lighting-as-a-Service adoption | +1.2% | Municipal sector | Long term (≥ 4 years) |
| 5G small-cell integration via smart poles | +0.9% | Dense urban corridors | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Government Energy-Efficiency Mandates and Subsidies
French municipalities are rushing to replace high-pressure sodium and metal-halide systems ahead of the 2025 EU ecodesign deadline, and the central government reimburses up to 50% of qualifying LED projects under the Territoires d’Innovation fund.[1]European Commission, “Ecodesign for Sustainable Products,” ec.europa.eu Energy audits reveal that street lighting accounts for 15-25% of the town's electricity, so officials view LEDs as the quickest path to achieving carbon-neutral pledges. Angers demonstrated a 60% electricity savings with adaptive dimming and motion sensors, freeing up the budget for additional digital services. Suppliers offering turnkey packages that combine funding guidance, installation, and warranty gain a competitive edge. Enforcement actions such as product withdrawals and fines encourage municipalities to convert entire luminaire assemblies rather than swapping lamps piecemeal.
Smart City Initiatives with Connected Lighting
Cities use LED networks as the backbone for pollution sensors, traffic analytics, and public Wi-Fi, shifting buyer criteria from lumen output to data interoperability. The French government has earmarked EUR 450 million (USD 525.9 million) for urban digitalization, and ISO 37122 metrics are now included in bid documents. Nice's Promenade des Anglais pilot integrates sound, air quality, and emergency call buttons into poles, while Paris tests context-aware dimming tied to real-time pedestrian counts. Open‐standard APIs and Zhaga-D4i sockets have become “must-have” checkboxes, favoring manufacturers with software ecosystems and third-party developer programs. These connected pilots often evolve into multi-year contracts that bundle maintenance, analytics dashboards, and cybersecurity services.
EU Phase-Out of Legacy Outdoor Lamps
The directive bans sodium lamps above 100 W and metal-halide lamps above 50 W, compressing a 15-year upgrade cycle into three years and unleashing a replacement wave across roughly 6 million lighting points. Prefectures in Île-de-France already conduct surprise inspections, resulting in the sudden decommissioning of non-compliant fixtures. Suppliers with deep inventories and localized assembly lines win orders as towns cannot wait 20-week lead times from Asia. Heritage districts receive temporary exemptions, creating a parallel demand stream for color-matched retrofit lamps. Bulk procurement spikes tighten installer capacity, resulting in labor rate increases of 12-18%. However, the payback period still falls below six years, thanks to power savings of 50-70%.
Declining LED Component Prices and Total-Cost-of-Ownership
Package prices declined by another 8% year-over-year in 2024 as chip yields improved and mid-power dies migrated to 6-inch wafers. Lower bills offset shipping surcharges linked to the rerouting of the Red Sea, keeping delivered luminaire costs flat despite logistics turmoil. Municipal CFOs now compare lifecycle costs rather than upfront price, noting that LEDs slash maintenance truck rolls by 60-70%. Vendors increasingly quote Lighting-as-a-Service, spreading payments over 10-12 years and embedding predictive maintenance analytics. The shift encourages portfolio rationalization toward modular designs with swap-in boards, shortening upgrade cycles and expanding aftermarket revenue streams.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| High retrofit costs in heritage zones | -1.4% | Historic city centers, UNESCO sites | Medium term (2-4 years) |
| Supply-chain volatility for LED components | -1.1% | Nationwide | Short term (≤ 2 years) |
| Complex public-procurement processes | -0.8% | Municipal authorities | Medium term (2-4 years) |
| Stringent light-pollution regulations | -0.5% | Rural astronomical zones | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
High Retrofit Costs in Heritage Zones
Regulations require fixtures to preserve historic aesthetics, often demanding bespoke housings that can increase project budgets by up to 80% compared to standard street poles.[2]Ministry of Culture, “Charte Lumière – Zones Patrimoniales,” culture.gouv.fr Approval chains involve local heritage boards, architects, and the Directorate of Cultural Affairs, which can extend timelines by 6 to 18 months. Paris, Lyon, and Avignon specify warm-white CCTs with a color temperature (CCT) under 2700 K and low-glare optics, which restricts the available SKUs. Only a handful of vendors have certified models, limiting price competition. Although subsidies offset some capital outlay, many towns phase projects over multiple fiscal years, thereby stretching the revenue recognition period for suppliers.
Supply-Chain Volatility for LED Components
More than 90% of LED dies still originate in China, Taiwan, and South Korea, exposing French assemblers to geopolitical risks and fluctuations in freight prices. The 2024 wafer shortage increased mid-power package prices by up to 25% for three quarters, prompting manufacturers to include spot-price clauses in municipal bids. To hedge, Schréder and Signify now dual-source boards and maintain an eight-week buffer inventory in their Belgian and French plants, thereby increasing their working capital needs. Component gyrations complicate Lighting-as-a-Service models that lock pricing for a decade, nudging vendors toward index-linked contracts that municipalities sometimes resist.
Segment Analysis
By Product Type: Luminaires Retain Dominance, Lamps Accelerate in Retrofits
Complete luminaires commanded a 70.3% market share of the French outdoor LED lighting market in 2024, as municipalities favored integrated thermal management, optics, and control intelligence in a single enclosure. This dominance persists because plug-and-play Zhaga-D4i sockets simplify future sensor upgrades, and IP66-rated housings endure harsh roadside conditions for 20 years. Lamps, although smaller today, are growing at an 8.6% CAGR because heritage councils often prohibit fixture replacement, allowing only the replacement of LED bulbs. Schréder’s AXIA 3 and Signify’s UniStreet Gen2 both offer modular photometric engines, letting cities fine-tune beam patterns and comply with blue-light limits.[3]Schréder, “AXIA 3: A universal, comprehensive and economical street luminaire,” schreder.com
In future tenders, the French outdoor LED lighting market will still allocate the highest budgets to luminaires; however, incremental volume growth favors retrofit lamps that circumvent civil works. Suppliers respond with high-flux LED corn bulbs and filament-style retrofits that mimic gas lanterns, achieving a luminous efficacy of 100 lm/W. Component miniaturization also blurs categories; some vendors sell kit-based light engines that convert legacy fixtures into quasi-luminaires, tapping both revenue streams in a single bid.
By Application: Street Lighting Leads, Sports Venues Surge
Street and roadway projects accounted for 44.5% of the French outdoor LED lighting market size in 2024, reflecting more than 9 million installed poles that municipalities must upgrade by 2027. Adaptive dimming and presence sensors deliver rapid payback, making streets the anchor application in every regional budget cycle. Sports and stadium lighting, although a niche market in 2024, is expected to grow at the fastest 7.3% CAGR through 2030, as France prepares its venues for the 2027 Rugby World Cup and 2028 Olympic qualifiers. LEDs’ instant-on function eliminates lamp warm-up, while 90+ CRI output improves broadcast quality.
Architectural lighting supports tourism campaigns in Bordeaux and Strasbourg, where dynamic RGBW scenes attract visitors without breaching the 2200 K heritage limits. Tunnel lighting also benefits from LED's long life, which reduces closures on critical transport corridors. These diverse use cases segment procurement, prompting vendors to maintain specialized optical libraries and corrosion-resistant coatings for coastal bridges.
By Installation Type: New Builds Prevail Yet Retrofits Close Gap
New projects generated 54.4% of France's outdoor LED lighting market share in 2024, as mega-infrastructure undertakings, such as the Grand Paris Express, required turnkey lighting for 68 stations and their surrounding roadways. Greenfield sites enable full smart-pole integration with fiber, 5G antennas, and EV charging sockets, allowing cities to amortize multiple functions over the asset's life. Retrofits, advancing at a 6.6% CAGR, will dominate unit counts by 2027 as older fixtures reach the 20-year maintenance horizon and EU bans take effect.
Retrofit economics hinge on avoiding civil works: in Lyon, a 150 W sodium lamp swap with a 40 W LED bulb costs EUR 210 (USD 245.4), versus EUR 680 (USD 794.81) to replace an entire pole. Vendors now package retrofit kits with quick-connect drivers and adjustable brackets that match legacy hole patterns. Such innovations close the gap in return on investment, ensuring steady revenue even when new-build cycles slow after 2028.
By Distribution Channel: Direct Sales Rule, E-Commerce Gains Ground
Direct engagement captured 63.2% of the French outdoor LED lighting market share in 2024, driven by municipal tenders that require site audits, photometric simulations, and after-sales maintenance. Major players keep dedicated public-sector teams that navigate complex code-de-la-commande-publique rules.
Large contractors still rely on wholesaler networks for emergency stock, but online configurators now let buyers select optics, CCT, and control options with instant CAD files. This digitization compresses sales cycles and opens the field to challenger brands that lack nationwide reps. Success hinges on transparent logistics data and return policies that match public-sector accountability standards.
Competitive Landscape
The market remains moderately fragmented, with the top five suppliers accounting for approximately 55-60% of the revenue, leaving room for niche specialists to emerge. Signify leverages its Interact City platform to bundle lighting control, asset management, and cybersecurity, winning multi-year service contracts in Paris and Bordeaux. Schréder capitalizes on European manufacturing and sustainability credentials, offering circular-economy luminaires with replaceable light engines. ams-OSRAM differentiates through high-resolution EVIYOS Shape micro-LED projectors for pedestrian crossings and dynamic signage.[4]ams OSRAM, “ams OSRAM’s light and sensor solutions at CES 2025,” ams-osram.com
France solar pioneer Fonroche Lighting leverages export wins of 67,000 poles in Senegal and 15,000 in Benin to boost economies of scale, which in turn drive competitive pricing at home. Legrand's acquisition of Encelium adds robust BACnet integration, attracting facility managers seeking seamless indoor-outdoor control. Meanwhile, Chinese OEMs are increasing their participation in tenders through local integrators, which is pressuring margins on commodity luminaires.
Strategic themes center on vertical integration, smart city software ecosystems, and supply chain resilience. Leading firms establish dual assembly footprints in France and Belgium, shorten lead times to four weeks, and guarantee 10-year spare-part availability. Software partnerships with telecom operators and cloud providers add recurring revenue, shifting competition from hardware ASPs to platform stickiness. Sustainability reporting encompassed by Environmental Product Declarations and take-back schemes has become a significant differentiator as municipalities incorporate circularity clauses.
France Outdoor LED Lighting Industry Leaders
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Signify N.V.
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ams-OSRAM AG
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Zumtobel Group AG
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Legrand SA
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Schréder SA
- *Disclaimer: Major Players sorted in no particular order
Geography Analysis
Paris-Île-de-France commands the single largest spend because dense road networks and heritage façades create both volume and complexity, necessitating specialized product lines and multi-phase scheduling. The region's smart-pole trials, featuring 5G antennas and environmental sensors, signal future procurement patterns for other metropolitan areas. Lyon-Auvergne-Rhône-Alpes follows, driven by urban-renewal programs and tunnel-safety upgrades along Alpine corridors. Marseille-Provence's coastal climate requires salt-spray-resistant housing, prompting suppliers to adopt marine-grade aluminum and nano-ceramic coatings. Rural Occitanie and Nouvelle-Aquitaine emphasize basic lamp retrofits to trim electricity budgets, illustrating how economic variability influences the depth of specification.
Heritage zones from Strasbourg to Avignon require custom optics with a temperature of under 3000 K and low-glare shields to protect UNESCO-listed vistas. Suppliers that combine in-house design studios with 3D printing can prototype bespoke enclosures within weeks, shortening approval lead times. Mountain municipalities such as Chamonix and Briançon prioritize luminaires rated to -30 °C and equipped with snow-shedding profiles. Coastal towns in Brittany prioritize corrosion resistance and bird-friendly amber wavelengths that minimize disruption to nocturnal species.
Regional funding disparities also influence the speed of adoption. Wealthier Île-de-France communes can self-finance Lighting-as-a-Service contracts, while smaller Corsican villages await regional subsidies. This mosaic of technical demands and budget conditions compels vendors to operate flexible supply chains with localized stock positions and multi-lingual documentation. As renewable energy mandates tighten, solar-hybrid poles are gaining traction in sun-rich Occitanie car parks, further diversifying regional product mixes.
Recent Industry Developments
- August 2025: Agglomeration Maubeuge Val de Sambre awarded EUR 1.2 million (USD 1.4 million) framework contracts to Ets Tramont and Eiffage Energies Systemes for lighting maintenance across 42 communes.
- April 2025: Fonroche Lighting completed the illumination of the Friendship Bridge linking Cameroon and Chad.
- January 2025: ams-OSRAM unveiled the EVIYOS Shape micro-LED projection chip with 25,600 controllable pixels, enabling dynamic crosswalk and speed-warning displays for urban lighting.
- November 2024: ams-OSRAM showcased expanded UV-C disinfection LEDs and infrared sensors at electronica 2024.
France Outdoor LED Lighting Market Report Scope
| Lamps |
| Luminaires/Fixtures |
| Street and Roadway Lighting |
| Architectural and Landscape |
| Sports and Stadium |
| Tunnel and Bridge |
| Parking and Transit Areas |
| Other Applications |
| New Installation |
| Retrofit Installation |
| Direct Sales |
| Wholesale |
| Retail |
| E-commerce |
| By Product Type | Lamps |
| Luminaires/Fixtures | |
| By Application | Street and Roadway Lighting |
| Architectural and Landscape | |
| Sports and Stadium | |
| Tunnel and Bridge | |
| Parking and Transit Areas | |
| Other Applications | |
| By Installation Type | New Installation |
| Retrofit Installation | |
| By Distribution Channel | Direct Sales |
| Wholesale | |
| Retail | |
| E-commerce |
Market Definition
- INDOOR LIGHTING - It incorporates all LED based lamps and fixtures/luminaire that are used to illuminate indoor section of residential, commercial, industrial buildings and agricultural lighting. LED offers efficient brightness with higher durability in comparison to other lighting technology.
- OUTDOOR LIGHTING - It incorporates the LED lighting fixtures that is used for illumination for exterior/outdoor illumination. For instance, LED lighting fixtures used to illuminate streets and highways, transport hubs, stadiums and other public places such as parking spaces.
- AUTOMOTIVE LIGHTING - It refers to the lighting fixtures installed for illumination and signaling purposes. It is used in both exterior and interior lighting of the vehicle. Headlamps, fog lamp, daytime running light (DRLs) are examples of exterior light whereas cabin light are interior lights.
- END USER - It refers to the end use application area where the LED fixture will be installed. For instance, in terms of indoor lighting, we have residential, commercial and industrial as end user category. For automotive lighting, primary end user considered are automotive manufacturers and aftermarket sale
| Keyword | Definition |
|---|---|
| Lumen | Lumen is a unit of luminous flux in the International System of Units that is equal to the amount of light given out through a solid angle by a source of one-candela intensity radiating equally in all directions. |
| Footcandle | A foot-candle (or foot-candle, fc, lm/ft2, or ft-c) is a measurement of light intensity. One foot-candle is defined as enough light to saturate a one-foot square with one lumen of light. |
| Colour Rendering Index (CRI) | Color Rendering Index (CRI) is a measurement of how natural colors render under an artificial white light source when compared with sunlight. The index is measured from 0-100, with a perfect 100 indicating that colors of objects under the light source appear the same as they would under natural sunlight. |
| Luminous flux | Luminous flux is a measure of the power of visible light produced by a light source or light fitting. It is measured in lumens (lm). |
| Annual Energy Cost | Annual Energy Cost means the average daily energy consumption multiplied by 365 (days per year), expressed in kilowatt hour per year (kWh/a). |
| Constant voltage drivers | Constant voltage drivers are designed for a single direct current (DC) output voltage. Most common constant voltage drivers (or Power Supplies) are 12VDC or 24VDC. An LED light that is rated for constant voltage usually specifies the amount of input voltage it needs to operate correctly. |
| Constant Current Driver | Constant current LED drivers are designed for a designated range of output voltages and a fixed output current (mA). LEDs that are rated to operate on a constant current driver require a designated supply of current usually specified in milliamps (mA) or amps (A). These drivers vary the voltage along an electronic circuit which allows current to remain constant throughout the LED system. |
| Minimum Energy Performance Standards (MEPS) | Minimum Energy Performance Standards specify the minimum level of energy performance that appliances and equipment must meet or exceed before they can supply or used for commercial purposes. |
| Luminous Efficacy | Luminous efficacy is a measurement commonly used in the lighting industry that indicates the ability of a light source to emit visible light using a given amount of power. |
| Solid State Lighting | Solid-state lighting (SSL) is a type of lighting that uses semiconductor light-emitting diodes (LEDs), organic light-emitting diodes (OLED), or polymer light-emitting diodes (PLED) as sources of illumination rather than electrical filaments, plasma (used in arc lamps such as fluorescent lamps), or gas. |
| Rated Lamp Life | Lamp life, also referred to as rated life, is the time in hours a lamp will last before a percentage of lamps will burn out. |
| Color Temperature | Colour temperature is a scale that measures how ‘warm’ (yellow) or ‘cool’ (blue) the light from a particular source is. It is measured in degrees of the Kelvin scale (abbreviated to K), and the higher the number, the ‘cooler’ the light. The lower the ‘K’ number, the ‘warmer’ the light. |
| Ingress Protection rating (IP rating) | The IP (Ingress Protection) rating of a bulb or light fixture declares the level of protection it has against dirt and water. |
| Fidelity Index | The general colour fidelity index, Rf, represents how closely the colour appearances of the entire sample set are reproduced (rendered) on average by a test light as compared to those under a reference illuminant. |
| Gamut Index | The gamut area is defined as “the area enclosed by a set of test color samples illuminated by a light source, in a two-dimensional chromaticity diagram or a plane of color space.”1 Within a defined color space, a “gamut” describes the subset of colors that can be perceived under specific lighting conditions. |
| Binning | In the lighting industry, the act of "binning" of LEDs is the process of sorting LEDs by certain characteristics, such as color, voltage, and brightness. |
| Accent lighting | Accent lighting, also called highlighting, emphasizes objects by focusing light directly on them. Accent lighting is used inside and outside the home to feature locations such as an entrance or to create dramatic effects. |
| Dimmable driver | A dimming driver has two functions: As a driver, it converts the 230V AC mains input to a low voltage DC output. As a dimmer, it reduces the amount of electrical energy flowing to the LEDs, thereby causing them to dim. |
| Flicker | Flicker is the repeated and frequent variation in the output of a light source over time. |
| Fluorescent | A property of materials defined as the ability to emit light after absorbing electromagnetic radiation such as visible or UV light. |
| Candela | The candela is the unit of luminous intensity in the International System of Units. It measures the light output per unit solid angle emitted from a light source in a specific direction. |
| LUX | Lux is used to measure the amount of light output in a given area - one lux is equal to one lumen per square meter. It enables us to measure the total "amount" of visible light present and the intensity of the illumination on a surface. |
| Uniformity (U0) | The uniformity of lighting has significant effects on visual performance in both indoor and outdoor areas. Uniformity (represented as U0) value can be found by dividing the minimum brightness (Emin) resulting from calculations according to the current lighting order, to the average brightness value (Eavg). |
| Visible Light Spectrum | The visible light spectrum is the segment of the electromagnetic spectrum that the human eye can view. More simply, this range of wavelengths is called visible light. Typically, the human eye can detect wavelengths from 380 to 700 nanometers. |
| Ambient Temperature | Ambient Temperature is the temperature of the air surrounding an electrical enclosure. |
| Current-controlled dimming control | Current-controlled dimming controls LED brightness by varying the applied current using a 0-10V dimmer. Current-controlled dimming is smooth and HD-video friendly. It can only dim to a minimum of 5% of light output. |
| Design Light Consortium | It is a partnership of energy efficiency stakeholders in the United States and Canada to “promote quality, performance and energy efficient lighting solutions for the commercial sector”. |
| Pulse Width Modulation | Pulse-width modulation, or pulse-duration modulation, is a method of controlling the average power delivered by an electrical signal. |
| Surface Mounted Device | A surface mount device (SMD) is an electronic device whose components are mounted or placed directly on the surface of a printed circuit board. |
| Alternating Current | Alternating current is an electric current which periodically reverses direction and changes its magnitude continuously with time, in contrast to direct current, which flows only in one direction. |
| Direct Current | Direct current (DC) is an electric current that is uni-directional, so the flow of charge is always in the same direction. |
| Beam Angle | Beam angle (also called beam spread) is a measure of how light is distributed. On any plane perpendicular to the centerline of the light, the beam angle is the angle between two rays where the light intensity is 50% of the maximum light intensity. |
| LED Based Solar High Mast Lighting Systems | A Solar LED High Mast Light is a raised source of High illumination lights (6~8 lights) and with high intensity on the middle of major junctions (Ring roads, Outer Ring roads), turned on or lit automatically in the absence of light (at specified timings or at periodic times, every night). |
| Surface Mounted Diode (SMD) LEDs | A surface mount diode is a type that emits light and is flat mounted and soldered onto a circuit board. |
| Chip on Board (COB) LEDs | A COB LED is basically multiple LED chips (usually 9 or more) glued directly onto a substrate by the manufacturer to form a single module. |
| Dual In-Line Package (DIP) LEDs | A dual in-line package (DIP or DIL) is an electronic component package with a rectangular case and two parallel rows of electrical connector pins. |
| Graphene LED Lights | A graphene LED light bulb is simply an LED light bulb where the filament has been coated in graphene. A graphene LED bulb is reported to be 10% more efficient than regular LED light bulbs and they are cheaper to manufacture and buy. |
| LED Corn Bulbs | LED Corn lights are designed as an energy efficient alternative to high intensity discharge (HID) and SON lamps. It uses a large number of LEDs on a metal structure to provide sufficient light. This arrangement of LEDs looks a lot like a corn cob, hence the name "corn light". |
| Per Capita Income | Per capita income or total income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size. |
| Charging Stations | A charging station, also known as a charging station or electric vehicle utility, is a power supply that provides electrical energy for charging plug-in electric vehicles. |
| Headlight | A headlight is a light that is mounted on the front of a car and illuminates the road in front of it. Low beam and high beam LED headlights are additional categories for these LED headlights. |
| Day Time Running Light (DRLs) | A daytime running lamp is a white, yellow, or amber lighting device mounted on the front of a road-going motor vehicle or bicycle. |
| Directional Signal Light | Directional signal lights are the front and rear lights on an automobile that flash to show the direction of a turn. |
| Stop Light | A red light that is mounted to the back of a car and turns on when the brakes are used to show that the car is stopped. |
| Reverse Light | The reverse light is at the back of the vehicle to indicate its backward motion. |
| Tail Light | A red light that can be seen in the dark is mounted on the rear of a road vehicle. Stop, reverse, and directional signal lights are all part of it. |
| Fog Light | Bright lights in automobiles used to increase visibility on the road in foggy conditions or to warn other drivers of the presence of the vehicle. |
| Passenger Vehicle | A passenger vehicle is a road vehicle, other than a moped or a motorcycle, intended for the transportation of people and designed for up to 8 to 9 seats. |
| Commercial Vehicle | A commercial vehicle (Bus, Truck, Van) is any type of motor vehicle used to transport goods or pay passengers. |
| Two Wheelers (2W) | A two-wheeler is a vehicle that runs on two wheels. |
| Streets & Roadways | Both roads and streets refer to hard, flat surfaces on the ground on which vehicles, people, and animals can travel. Since streetways are usually in cities and towns, they often have houses and buildings on both sides. The roadway is in the countryside and sometimes passes through forests and fields |
| Horticulture Lighting | Horticulture is the science and art of sustainably growing, producing, marketing and using high quality, intensively cultivated food and ornamental plants. |
Research Methodology
Mordor Intelligence has followed the following methodology in all our data center reports.
- Step 1: Raw Data Collection: To understand the market, initially, all crtical data points were identified. Critical information about countries and regions of interest including Per-capita Income, Population, Automotive Production, Interest rate on Auto-Loans, Number of Automobiles on Road, Total LED Import, Lighting Electricity Consumption among others were recorded or estimated based on internal calculations.
- Step 2: Identify Key Variables: To build a robust forecasting model, key variables such as Number of Households, Automotive Production, Road Networks among others were identified. Through an iterative process, the variables required for the market forecast were set, and the model was built using these variables.
- Step 3: Build a Market Model: Based on data and critical industry trend data (variables), including LED pricing, LED penetration rate, and project macro and micor economic factors were utilized for building the market forecasting.
- Step 4: Validate and Finalize: In this crucial step, all market numbers and variables derived through an internal mathematical model were validated through an extensive network of primary research experts from all the markets studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step 5: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
