Connected (Smart) Street Lights Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Sarasota, FL -- (SBWire) -- 06/12/2018 --Global Connected Street Lights Market: Overview

The beneficial characteristics of the connected street lights markets are: it makes use of the connected technology and LED bulbs; it has motion sensors that enable it to automatically switch off and on the lights when a vehicle or passerby is nearby. This helps in saving a lot of energy and also makes the streets a lot safer. The connected street lights are connected with the help of Bluetooth, Wi-Fi, radio frequency, and other advanced technologies. The type of lamps that are used in the connected street lights are LED lamps, HID lamps, and CFL lamps.

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Global Connected Street Lights Market: Growth Factors

The street lights across the world are being upgraded with the reliable and energy-efficient LED lightings. Thus, the connected street lights market is expected to gain momentum in the coming years. The technological advancements such as cloud computing will open up new opportunities to the connected street lights market. Comparatively, the connected street lights have increased capacity than the traditional ones. The connected street lights have overcome the drawbacks such as operational hindrances, setup complexities, and high capital costs thus being widely adopted. There is an increased adoption of the connected street lights in the urban areas owing to the increased development of smart cities and the growing government initiatives.

The lack of support infrastructure in some of the underdeveloped and developing nations may pose a challenge for the connected street lights market.

Global Connected Street Lights Market: Segmentation

The global connected street lights market can be segmented on the basis of its connectivity and components. Based on the connectivity, the market is segregated into wired and wireless. The wired segment is further sub-divided into power line communication and others. In terms of component, the connected street lights market is categorized into hardware, services, and software. In which, hardware segment is sub-divided into controllers/relays and sensors.

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Global Connected Street Lights Market: Regional Analysis

Region wise, the globally connected street lights market is diversified into Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa. It is anticipated that Europe will lead the connected street lights market which will be followed by North America. The growing initiative of deploying the connected street lights in both public and private places is driving the growth of the market in Europe. The factors that are driving the connected street lights market in the North American regions are opting for cost-effective lighting options since the operating cost of the lightings in the commercial areas is comparatively high and the implementation of the government regulations to limit the consumption of the energy.

The market is expected to develop at a significant rate in the Asia Pacific owing to the increasing awareness about the benefits of the connected street lights and the increasing need for energy conservation.

Global Connected Street Lights Market: Competitive Players

Some of the most important market players in the connected street lights market include EnGo PLANET, Telensa Ltd., Flashnet SRL, Toshiba Lighting, General Electric Co., Echelon Corporation, Silver Springs Network Inc., Acuity Brands Lighting Inc., Schreder Group, Twilight Citelum S.A., OSRAM Licht Group, Dimonoff Inc., Philips Lighting N.V., and Led Roadway Lighting Ltd, among others.

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Global Connected Street Lights Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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