Increased Investments in Infrastructure Development Activities Drive Demand Opportunities for Players in Tunnel Lighting Market: TMR

ALBANY, N.Y., Jan. 11, 2021 /PRNewswire/ -- Tunnel lightings are gathering popularity as they help traffic to safely enter and exit through enclosed sections. Electrodeless lighting, LED lighting, fluorescent lighting, and incandescent lighting are some of the popular products available in the global tunnel lighting market. Of them, LEDs are gaining immense impetus owing to their several features such as better lighting quality, improved controllability, and long life span. The main function of tunnel lighting is to light up the interior part of tunnels and allow drivers to adjust swiftly to the light inside the tunnel with no obstruction and no need to reduce their speed.

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The analysts at Transparency Market Research (TMR) underline the global tunnel lighting market will expand at CAGR of approximately 5% during the assessment period of 2019 to 2027. Thus, the market for tunnel lighting is expected to reach to the valuation of ~US$ 3 Bn by 2027 end.

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Tunnel Lighting Market: Major Takeaways

    --  In recent few years, there is remarkable rise in the cases of tunnel
        accidents in all worldwide locations. This scenario has encouraged the
        government bodies of many countries to invest heavily in ensuring the
        safety while travelling through tunnels. Owing to this factor, there is
        remarkable growth in demand for tunnel lightings from all across the
        globe, which in turn is helping in expansion of tunnel lighting market.
    --  Major players working in the global tunnel lighting market are pouring
        efforts to fulfill the increasing demand for durable, low-emission, and
        energy-efficient lighting systems. Apart from this, several enterprises
        in the tunnel lighting market are growing focus toward incorporating
        innovations including daylight and weather adaptive lighting in their
        products. These innovations are helping in advancing the safety features
        of transportation systems in a cost-effective way. This factor is
        influencing positively on the growth of the global tunnel lighting
        market.

Explore 150 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Tunnel Lighting Market (Type: LED Lighting, Electrodeless Lighting, Incandescent Lighting, Fluorescent Lighting, and Others; Shape: Linear, Round, Square, Rectangular, and Others; Installation: Surface Mounted, Hanging, and Recessed/Side Wall Mounted; and Application: Roadway Tunnel, Railway Tunnel, Mining Tunnel, Public Work Tunnel, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027 at https://www.transparencymarketresearch.com/tunnel-lighting-market.html

Tunnel Lighting Market: Growth Boosters

    --  In recent few years, the government authorities of many countries in the
        world, specifically in developing nations including India and China, are
        growing focus toward strengthening their transportation infrastructure.
        As a result, there is noteworthy growth in the projects related to
        construction of new tunnels in all worldwide locations. This scenario
        has created massive demand avenues for tunnel light manufacturers. As a
        result, the global tunnel lighting market is likely to expand at rapid
        pace in the forecast period of 2019 to 2027.
    --  Owing to growing inclination among major worldwide countries toward the
        incorporation of advanced technologies, there is remarkable growth in
        acceptance of advanced tunnel lighting systems. This scenario is
        expected to create prodigious sales opportunities for vendors operating
        in the global tunnel lighting market during the assessment period of
        2019 to 2027. Apart from this, the market for tunnel lighting is
        projected to gain significant expansion avenues on the back of ongoing
        developments in rural areas of many countries in the world.

Analyze Global Tunnel Lighting Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Tunnel Lighting Market: Well-Established Participants

Some of the key players working in the tunnel lighting market are:

    --  Aeon Lighting Technology Inc.
    --  Acuity Brands Lighting, Inc.
    --  General Electric Company
    --  Cree Inc.
    --  Koninklijke Philips N.V.
    --  Kenall Manufacturing
    --  NINGBO GOLDEN CLASSIC LIGHTING CO. LTD.
    --  Zumtobel Group AG
    --  Thorlux Lighting
    --  Schréder

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