ALBANY, N.Y., Jan. 11, 2021
- Growing initiatives of worldwide government bodies to improve the transportation safety together with increased adoption of advanced technologies is projected to boost the expansion of the global tunnel lighting market between 2019 and 2027.
- On regional front, the tunnel lighting market is likely to gather promising sales opportunities in Europe.
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.
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
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
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:
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