The Transportation Lighting Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Transportation Lighting Market?
The global transportation lighting market has seen consistent growth in recent years. The market size is projected to increase from $9.76 billion in 2024 to $10.24 billion in 2025, which represents a compound annual growth rate (CAGR) of 5.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Transportation Lighting Industry?
The Transportation Lighting Global Market is predicted to reach a value of $12.26 billion in 2029, growing at a compound annual growth rate (CAGR) of 4.6%.
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What are the Key Growth Drivers Fueling the Transportation Lighting Market?
The key drivers in the transportation lighting market are:
• Increase in road accidents leading to heightened demand for better lighting
• Rising demand for energy-efficient lighting solutions in transportation
• Introduction and adoption of advanced lighting solutions
• High awareness about road safety and boost in transportation activities.
Global Market Segmentation: Identifying Major Transportation Lighting Industry Segments
The transportation lightingmarket covered in this report is segmented –
1) By Technology: Light Emitting Diode (LED), High-Intensity Discharge (HID), Fluorescent, Other Technologies
2) By Installation: Replacement Installation, Retrofit Installation, New Installation
3) By Application: Subway Station, Train Station, Airport, Other Applications
4) By End-User: Area, High Bay, High Mast, Road, Other End-Users
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What are the emerging Trends Shaping the Future of the Transportation Lighting Market?
The key trends in the transportation lighting market are:
• The future of the transportation lighting market is being shaped by the integration of smart lighting systems.
• There is an emerging trend of adopting energy-efficient and sustainable lighting solutions.
• The market is increasingly integrating transportation lighting with renewable energy systems.
• There is a significant focus on the introduction of advanced lighting technology and increased research and development activities.
Who Are the Top Competitors & Leading Players in the Transportation Lighting Market?
Major companies in the transportation lighting market are:
• ABB Ltd.
• Eaton Corporation plc
• STMicroelectronics N.V
• WSP Global Inc.
• Signify N.V.
• Hella GmbH & Co. KGaA
• Intertek Group plc
• Holophane Lighting Limited
• Lumileds Holding B.V.
• Seoul Semiconductor Co. Ltd.
• Cree Lighting USA LLC
• Dialight plc
• J.W. Speaker Corporation
• AGC Lighting Co. Ltd.
• LEDiL
• Kenall Manufacturing
• Luminus Devices
• Transportation Solutions and Lighting Inc.
• Current Lighting Solutions LLC
• Urban Solar Group Inc.
• Detroit Trading and Sourcing LLC
• Fagerhults Belysning AB
Regional Dominance: Which Area Leads the Global Transportation Lighting Market?
Asia-Pacific was the largest region in the transportation lighting market in 2024
