According to a market report by Lucintel, the future of the underground lighting market in Germany looks promising with opportunities in the oil and gas, power generation, and mining markets. The underground lighting market in Germany is expected to grow with a CAGR of 5.1% from 2025 to 2031. The major drivers for this market are the significantly growing mining industry and the substantial expansion of the tunnel automation sector in developing countries.A more than 150-page report to understand trends, opportunity and forecast in underground lighting market in Germany to 2031 by type (LED, tungsten filament, incandescent lamps, xenon and mercury vapour lights, metal halide, fluorescent lights , and high and low-pressure sodium), and end use (oil and gas, power generation, mining, and others).
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Lucintel forecasts that, within the type category, LED will remain the largest segment over the forecast period due to the increasing need for cost-effective, easy-to-install, and low-maintenance lighting solutions.
Within the end use category, mining will remain the largest segment due to rising demand for efficient lighting solutions to ensure the safety of mine workers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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