Tunnel Lighting Market to Witness Steady Expansion during 2023 - 2031 Backed by burgeoning Tunnel Construction Projects
The global tunnel lighting market was valued at US$ 2.4 billion in 2022. Factors like rising investments in infrastructure modernization and growing construction of undersea/mountain tunnels are fueling market growth. LED lighting has emerged as the technology of choice accounting for over 60% share due to benefits like high energy efficiency.
𝐂𝐥𝐢𝐜𝐤 𝐧𝐨𝐰 𝐭𝐨 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.transparencymarketresearch.com/tunnel-lighting-market.html
Manufacturers are focusing on developing advanced LED products with features like dimming, sensors and remote manageability. Some innovative smart lighting systems automatically adjust light levels based on real-time traffic data. This improves visibility, safety and energy savings for tunnel operators.
There is a strong focus on upgrading aging infrastructure and expanding transportation networks to support urbanization. Countries worldwide have approved construction of over 500 new tunnel projects. For example, China and India have ambitious plans to build hundreds of new road and rail tunnels by 2025. This will drive the demand for efficient tunnel lighting systems.
