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North America Tunnel Lighting Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Design, Installation, Type, and Application

North America Tunnel Lighting Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Design, Installation, Type, and Application

  • August 2021
  • 109 pages
  • ID: 6134412
  • Format: PDF
  • The Insight Partners

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The tunnel lighting market in North America is expected to grow from US$ 488.71 million in 2021 to US$ 666.51 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028.

Roadways tunnels are among the most accident-prone zones when it comes to road transport, especially highways, as the vehicles are traveling at a high speed.It is vital to maintain sufficient lighting conditions inside the tunnel so that vehicle drivers can identify obstacles and navigate through the tunnel without reducing speed, and the smooth flow of traffic can be ensured.

Various regulations related to tunnel lighting systems are enacted with a strong emphasis on preventing road accidents and enhancing the safety of vehicles inside the tunnel.For instance, the CIE guidance for tunnel lighting systems requires system integrators to consider five key areas – access zone tunnel lighting system, threshold zone tunnel lighting system, transition zone tunnel lighting system, interior zone tunnel lighting system, and exit zone tunnel lighting system.

Moreover, the growing road network in remote and mountainous terrains is leading to the construction of new roadway tunnels. Thus, the growing development of roadway tunnels, coupled with the increasing importance of road safety, is driving the tunnel lighting market.

Based on design, the standard segment led the North America tunnel lighting market in 2020.Standardized tunnel lighting is offered in uniform shapes and sizes.

Standardized tunnel lighting is commonly offered in linear, round, square, rectangular, and other shapes.The standardized tunnel lighting by different manufacturers has similar features such as dust resistance and water resistance.

Moreover, these types of lighting are cheaper compared to customized tunnel lighting, owing to which the market share of standardized tunnel lighting is larger. However, there are slight variations among standard tunnel lighting from region to region.

North America is one of the leading regions in terms of the development and adoption of new technologies; this is mainly attributed to favorable government policies that boost innovation and strengthen infrastructure capabilities.Hence, any impact on the growth of the industrial sector hampers the economic growth of the region.

Presently, the US is the world’s worst-affected country due to the COVID-19 outbreak.The tunnel lighting market’s reliance on manufacturing industries like construction companies and electronics component manufacturers has been highlighted by the recent pause in manufacturing units due to COVID-19.

As a result, the number of tunnel construction projects worldwide is increasing.The increased number of tunnels construction is driving the demand for tunnel lighting, which is projected to continue in the foreseeable future.

The overall demand for tunnel lighting is likely to increase once the industries attain normal operational conditions; these lightings are much needed because of the rise in safety regulations. Owing to the favorable government policies and ever-increasing investment by North American countries in infrastructure building, North America has a large demand for tunnel lights. Any impact on the manufacturing sector is projected to have a negative influence on the region’s economic development.

The overall North America tunnel lighting market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining an overview and forecast for the North America tunnel lighting market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America tunnel lighting market. ACUITY BRANDS, INC.; Aeon Lighting Technology Inc.; Cree Lighting; GE Lighting; Kenall Manufacturing; Signify Holding (Philips); Thorlux Lighting; and Tungsram are among the key players operating in the North America tunnel lighting market.

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