High Demand for Energy-efficiency and Sustainable Mobility to Boost Market Growth

Amidst environmental concerns, the tunnel lighting market is witnessing a tectonic shift toward energy-efficiency and sustainability. Tunnel lighting manufacturers are increasingly focused on rolling out energy-efficient products that adhere to stringent guidelines pertaining to the use of tunnel lighting in different regions. As government bodies across the world continue to invest resources to improve transport infrastructure, the number of tunnel construction projects has increased at a rapid pace due to which, the demand for tunnel lighting is on the rise. The mounting concerns over transportation safety and focus on sustainable urban mobility are expected to accelerate the demand for tunnel lighting systems during the forecast period.

Soaring consumer demand for energy-efficient, durable, and low-emission lighting systems is likely to influence the growth of the tunnel lighting market in the coming years. The rise in the number of tunnel accidents across the world coupled with technological advancements is likely to aid the adoption of advanced tunnel lighting systems during the assessment period. Moreover, data collection techniques have evolved due to strides taken by sensor technology and the development of cutting-edge cameras. At the back of these factors, the global tunnel lighting market is expected to reach a value of ~US$ 3 Bn by the end of 2027.

tunnel lighting market infographic

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High Demand for Energy-efficient LED Lights to Augment Market

As sustainable transportation continues to gain noteworthy momentum worldwide, the adoption of energy-efficient tunnel lighting systems is on the rise. Several companies operating in the current market landscape are leveraging the benefits of new technologies to develop improved lighting systems with enhanced designs. Adaptive lighting and steady rise in the adoption of energy-efficient LED lighting and control systems in new tunnel projects worldwide are expected to play a key role in boosting the growth of the market for tunnel lighting during the forecast period. In addition, innovations such as daylight and weather adaptive lighting are projected to improve the safety of transportation systems in a cost-effective manner due to which, the high demand for tunnel lighting systems is expected. The current generation of LED lights play an important role in assisting drivers to adjust and adapt to the road efficiently, have the ability to withstand corrosive environments, and offer over 75% power efficiency– factors that have played a critical role in increasing the demand for LED tunnel lights in recent times. Within the tunnel lighting market, LED lightings are expected to remain the most preferred lighting alternative throughout the entirety of the forecast period.

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Market players are anticipated to leverage the surge in interest for LED lights in modern tunnel systems. Several new tunnels LED tunnel lighting systems have exhibited exceptional lighting quality, which has played a key role in minimizing tunnel accidents. Solid-state-lighting (SSL) is expected to gain pace over the coming years, as more municipalities across the world are favoring the incorporation of LED lighting systems in tunnels. In addition, as SSL technologies continue to evolve, the quality of LED lighting systems has also improved at a consistent pace– a major factor that is expected to propel the demand during the assessment period.

Rise in Tunnel Construction Projects Worldwide to Drive Market

The number of tunnel construction projects across the world has witnessed a considerable surge in recent years, owing to a focus on improving transportation infrastructure. Several nations across the developing region of the Asia Pacific, including China and India have sanctioned the construction of new tunnels due to which, the demand for tunnel lighting systems is expected to witness consistent growth. While construction of new tunnels is likely to pick pace, municipality bodies across the world are also focusing on replacing the conventional legacy lights with LED tunnel lights to maximize safety, reduce energy consumption, and promote sustainable mobility.

Apart from rise in the number of road tunnel construction projects, a surge in the number of rail tunnel construction projects is expected in the upcoming years.

COVID-19 Pandemic Likely to Delay Construction Projects

The unforeseen arrival of the COVID-19 virus has stalled operations across major industries worldwide. The impact of the pandemic is likely to have a strong impact on the construction sector particularly in the developing regions, including India and China. Construction projects are expected to stall or progress at a slow pace due to a lack of personnel and safety measures imposed by government bodies to combat the pandemic. While construction projects are set to miss the deadline, market players in the tunnel lighting market are expected to seek opportunities by exploring the potential use of their products in other industrial domains, including healthcare. Product innovation and value addition will remain key factors for companies in the current market landscape.

Marketing strategies should ideally focus on attracting new customers via digital marketing and boosting sales via online mediums.

tunnel lighting market segmentation

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Analysts’ Viewpoint

The global tunnel lighting market is expected to grow at a moderate CAGR of ~5% during the forecast period. The market growth can be primarily attributed to a host of factors, including rise in the number of tunnel construction projects, focus on improving transportation infrastructure, and a paradigm shift toward LED lights over legacy lighting systems. Market players should focus on formulating impactful and captivating digital marketing strategies to improve brand visibility and also focus on product innovation to gain an edge.

Tunnel Lighting Market: Overview

  • Tunnel lighting allows traffic to enter and exit an enclosed section safely. The aim of tunnel lighting is to illuminate the tunnel interior and to enable drivers to quickly adjust to the light within without any obstacle and speed reduction.
  • Exponential growth in population has resulted in increased road management, resulting in re-construction and new construction of several road tunnels and underpasses, which in turn have significantly contributed to the overall growth of the tunnel lighting market
  • The tunnel lighting market is expected to grow during the forecast period due to rising investments in global transport infrastructure and increasing government investment in infrastructure

Tunnel Lighting Market: Regional Overview

  • Europe is likely to be the most attractive region in the tunnel lighting market during the forecast period due to increasing investment by governments in adoption of energy efficient lighting solutions
  • As per GLA (Global Lighting Association), by 2020, LED lighting in Europe is anticipated to account for more than 90% of the entire luminaire market. This estimation also encompasses LEDs in retail business as well.
  • Asia Pacific and North America are expected to be other major markets for tunnel lighting. Asia Pacific has the highest growth rate of LEDs in the tunnel lighting market, which is extensively influenced by the adoption of LED lighting across the region.
  • The tunnel lighting market in Middle East & Africa and South America is expected to witness slow growth during the forecast period

Tunnel Lighting Market: Market Trends

  • Demand for tunnel lighting systems is projected to grow owing to increase in tunnel construction activities and efforts to upgrade the existing tunnel lights. Many manufacturers continuously undertake technological upgrades for better functionality of their products. Demand for new LED designs and features is constantly increasing in the market.
  • Political situations between nations has a significant impact on businesses around the world. Several manufacturers are looking for stable trade and regulatory environments between nations to conduct business.
  • The presence of many manufacturers leads to huge investment in R&D and production equipment to remain competitive in the market. The aging infrastructure in many countries is expected to increase the demand for tunnel lights during the forecast period.

Tunnel Lighting Market: Drivers, Opportunities, and Restraints

  • Rise in population has led to the growth of the transport infrastructure. Mass transit systems, as well as other ancillary infrastructure are required to support growth and ease traffic congestion. Lighting installations in tunnels provide safety and ensure a comfortable commute.
  • Governments around the world have agreed to take action to reduce carbon emission and have restricted the usage of incandescent lights. Consumers are looking for environment friendly, long lasting, better quality, and easy to control & maintain lighting systems.
  • High cost required during the initial deployment phase of tunnel lighting is likely to have an adverse impact on the overall tunnel lighting market. In addition to installation, these lighting systems also require power supplies and circuitry, which significantly adds up to the cost.
  • Development of transport infrastructure is projected to be crucial during the forecast period as it helps in evolution of various economies around the world. Governments around the world have increased spending on infrastructure development due to increasing urbanization and to cater to the needs of a growing population.

Tunnel Lighting Market: Key Market Segments

  • The global tunnel lighting market has been segmented based on type, shape, installation, application, and region
  • In terms of type, the global tunnel lighting market has been segmented into LED lighting, electrodeless lighting, incandescent lighting, fluorescent lighting, and others
  • Based on shape, the global tunnel lighting market has been classified into linear, round, square, rectangle, and others
  • In terms of installation, the global tunnel lighting market has been segmented into surface mounted, hanging, and recessed/side wall mounted
  • In terms of application, the global tunnel lighting market has been segmented into roadway tunnel, railway tunnel, mining tunnel, public work tunnel, and others
  • Based on region, the global tunnel lighting market has been classified into: North America (U.S., Canada, and Rest of North America), Europe (U.K., Germany, France, and Rest of Europe), Asia Pacific (China, India, Japan, and Rest of Asia Pacific), Middle East & Africa (GCC, South Africa, and Rest of MEA), and South America (Brazil and Rest of South America)

Tunnel Lighting Market: Competition Landscape

  • Established manufacturers operating in the global tunnel lighting market are facing immense competition, owing to presence of many global and regional manufactures. Key players operating in the global tunnel lighting market include 
    • Acuity Brands Lighting, Inc.
    • Aeon Lighting Technology Inc.
    • Cree Inc.
    • General Electric Company
    • Kenall Manufacturing
    • Koninklijke Philips N.V.
    • Zumtobel Group AG
    • NINGBO GOLDEN CLASSIC LIGHTING CO.,LTD.
    • Schréder,
    • Thorlux Lighting.

Tunnel Lighting Market – Scope of the Report

Transparency Market Research’s recent report on the tunnel lighting market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the global tunnel lighting market analyzes the scenario for the period of 2019 to 2027, wherein, 2018 is the base year and 2017 and earlier is historical data. The report enables readers to make important decisions with regard to their business, with the help of a wealth of information enclosed in the study.

This TMR study on the global tunnel lighting market provides data on the developments of important players and stakeholders in the market, along with a competitive analysis. The report also provides an understanding of strengths, weaknesses, threats, and opportunities, along with trends and restraints in the landscape. Presented in a clear sanctioned manner, the report on the global tunnel lighting market gives readers an individual understanding of the market.

The study discusses the underlying trends and the impact of various factors that are driving the global tunnel lighting market, along with their influence on the evolution of the market.

The study also offers Porter’s Five Forces analysis, value chain analysis, technology analysis, price trend analysis, and SWOT analysis of the global tunnel lighting market in order to elaborate on crucial growth tactics and opportunities for market players contributing to the market.

Key Questions Answered in This Report on Tunnel Lighting Market

  • How much revenue will the global tunnel lighting market generate by the end of the forecast period?
  • What type of tunnel lighting is likely to hold the maximum market share by 2027?
  • What regions currently contribute the maximum share to the overall tunnel lighting market?
  • What are the indicators expected to drive the global tunnel lighting market?
  • Which region is likely to be a lucrative market during the forecast period?
  • What are the essential strategies incorporated by key stakeholders in the global tunnel lighting market to expand their geographical presence?
  • What are the major advancements witnessed in the global tunnel lighting market?

This report answers these questions and more about the global tunnel lighting market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.

Tunnel Lighting Market – Research Methodology

This TMR report on the global tunnel lighting market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources. The competitive scenario of the global tunnel lighting market is supported by an assessment of different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data and current trends, researchers of the tunnel lighting market arrive at predictions and estimations, and calculate the forecast for the market.

This report uses an analytical triangulation method to estimate numbers and figures of the global tunnel lighting market, with both a bottom-up and top-down approach.

The detailed assessment of the global tunnel lighting market, along with an overview of the landscape has been provided based on a careful examination of the avenues related to this market. Analysts’ conclusions on how the global tunnel lighting market is set to grow are based on carefully vetted primary and secondary sources.

Tunnel Lighting Market – Segmentation

The report on the global tunnel lighting market provides information on the basis of type, shape, installation, application, and region.

Type

LED Lighting

Electrodeless Lighting

Incandescent Lighting

Fluorescent Lighting

Others

Shape

Linear

Round

Square

Rectangular

Others

Installation

Surface Mounted

Hanging

Recessed/Side Wall

Mounted

Application

Roadway Tunnel

Railway Tunnel

Mining Tunnel

Public Work Tunnel

Others

Region

North America

Europe

Asia Pacific

Middle East & Africa

South America

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Tunnel Lighting Market

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