Outdoor Lighting Market Research Report: By Lighting Type (HID Lights, LED Lights, Fluorescent Lights, Plasma Lights), Component (Fixture, Control), Application (Streets, Highways, Parking Lots, Stadiums, Tunnels), Distribution Channel (Direct Sale, Retail)- Industry Trends and Demand Forecast to 2030New York, Nov. 05, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Outdoor Lighting Market Research Report: By Lighting Type, Component, Application, Distribution Channel – Industry Trends and Demand Forecast to 2030” – https://www.reportlinker.com/p05982433/?utm_source=GNW The surging population levels and the increasing spending power of people in many countries have led to a sharp rise in the sales of vehicles, which has, in turn, increased the vehicular traffic all over the world. For example, “26.9 million commercial automobiles were sold across the world in 2019.” Furthermore, “the total sales of these vehicles grew by 2.2% during the same year”. This considerable rise in road traffic has made the governments of several countries such as Germany, India, the U.S., and China make huge investments for the development of road infrastructure. One of the biggest examples of such massive road infrastructural development projects is “the nearly $328 billion transport infrastructural development project undertaken by the Chinese government during January 2019—September 2019, as per the country’s Ministry of Transport”. Apart from this, the increasing government efforts in several countries for energy conservation is also boosting the demand for energy-efficient outdoor lighting systems such as light emitting diode (LED) lights. For instance, “the Indian government, through its National LED programme called the UJALA (Unnat Jyoti by Affordable LEDs for All) has replaced almost 77 billion conventional bulbs with the LED devices”. Because of the aforementioned reasons, the global outdoor lighting market attained a valuation of $10.7 billion in 2019. Furthermore, as per the market forecasts and calculations of P&S Intelligence, a market research company based in India, “the market is predicted to exhibit a CAGR of 7.3% from 2020 to 2030 and generate a revenue of $23.8 billion by 2030”. LED lights, plasma lights, fluorescent lights, and high-intensity discharge (HID) lights are the major types of devices used for outdoor lighting purposes. Amongst these, the utilization of the LED outdoor lighting systems was the highest in the past. Besides the road development projects, that includes the development of highways and streets, the governments of many nations are also focussing on various other types of infrastructural development such as the construction and modernization of tunnels, parking lots, and stadiums. However, the demand for outdoor lighting devices is predicted to be the highest in highways in the coming years. This is ascribed to the soaring investments being made by both private and public road development organizations in highway construction projects. Additionally, the development of smart cities will further push the demand for smart outdoor lighting systems in future. Globally, the utilization of outdoor lighting devices was observed to be the highest in the Asia-Pacific (APAC) region in the last few years. Furthermore, “the outdoor lighting market will demonstrate the fastest growth in this region in the future years”. This is because of the existence of major energy-efficient outdoor lighting system manufacturing companies, exporters, and distributers in the region and increasing urbanization, infrastructural development activities, and development of smart cities in the various APAC nations. Therefore, it can be confidently said that the sales of outdoor lighting devices will increase significantly throughout the world over the next several years, mainly because of the increasing roadways and highway construction activities and rising requirement of energy-efficient lighting solutions in many countries around the world. Read the full report: https://www.reportlinker.com/p05982433/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place. __________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.
The S&P/TSX composite index closed up 93.51 points at 23,568.65.
In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.
The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.
The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.
The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.
This report by The Canadian Press was first published Sept. 13, 2024.
OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.
The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.
The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.
The personal and household goods subsector fell 2.5 per cent to $12.1 billion.
In volume terms, overall wholesale sales rose 0.5 per cent in July.
Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.
This report by The Canadian Press was first published Sept. 13, 2024.
TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 172.18 points at 23,383.35.
In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.
The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.
The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.
The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.
This report by The Canadian Press was first published Sept. 12, 2024.
