Smart Street Lights market

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Smart Street Lights Market Report-Forecast 2023
Smart Street Lights Market Report- Forecast
2023
P a g e 1 Copyright 2017
Market Research Future.
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Smart Street Lights Market Report- Forecast 2023
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Smart Street Lights Market Report- Forecast
2023 Summary Smart or connected street lights are
revolutionizing the modern infrastructure.
Emerging economies such as India and Brazil lack
the much-needed infrastructure for providing
mains (electric-grid based) electricity to
cellular-connected street lights. Furthermore,
the installation cost of electric-grid based
street light is often high, which has persuaded
the major economies to promote, implement, and
explore the connected solar-powered
street-lights. The adoption of solar powered
street-lights is emerging at a rapid pace due to
their cost-efficiency and their ability to
operate at low- power. With the advent of
technology, the solar-powered LED lights also
help to monitor and control the flow of
electricity connected through Mobile IoT and
mobile networks. The streetlights can be
remotely monitored and controlled with the help
of connected networks. Countries such as India
and China in the Asia Pacific region, along with
African countries are heavily investing in solar
streetlights. European countries such as U.K and
Germany are also implementing the solar-powered
lighting which is economical considering their
low-power dependency which makes them suitable
even for adverse climatic conditions. Increasing
demand for energy-efficient LED lights, emergence
of the Internet of things, and constant
innovation in mobile networks are some of the
major factors driving the growth of
smart/connected streetlights market over the
forecast period. On the flipside, the data
privacy and concerns related to tower radiations
are presumed to hinder the growth of the market
over the next few years.
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• Smart Street Lights Market Report- Forecast 2023
• Major Key Players
• General Electric (U.S.)
• Koninklijke Philips N.V (The Netherlands)
• Telensa (U.K.)
• Silver Spring (U.S.)
• Echelon (U.S.)
• Osram AG (Germany)
• Cisco system (U.S.)
• Trilliant holdings Inc. (U.S.)
• AxiomTek (U.S.)
• Tech Mahindra (India)

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Smart Street Lights Market Report- Forecast 2023
Segmentation The smart/connected street lights
market is differentiated by components,
technology, applications, and end-users By
component, the smart/connected street lights
market is sub-segmented as hardware, software,
and services. The hardware comprised of LED
arrays, sensors, a communication module, and
others. The services segment is categorized into
professional services and managed services. The
professional services include system
integrations, training implementation, and
others. Depending on the networking technology,
the market is sub-segmented into narrowband,
medium-band, and broadband technology. The
narrow-band technology is further categorized
into Sigfox, LoRa, RPMA, and others. The medium
band includes PLC, RF mesh, and others, whereas
the broadband technology consists of 3G/4G
cellular, Wi-Fi, and others. On the basis of
applications, the market is categorized as
environmental monitoring, traffic monitoring,
smart parking, street light management, video
surveillance, public messaging and others.
Lastly, on the basis of end-users, the market is
categorized as residential (urban and rural),
retail, transportation, automotive, industrial
and others.
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Smart Street Lights Market Report- Forecast
2023 Regional Analysis Geographically, the
smart/connected street lights market is segmented
into four different regions namely North
America, Asia Pacific, Europe, and the Rest of
the World. Europe is presumed to have
significant growth in the smart/connected street
lights market. Countries such as U.K, Germany,
Norway, and France are the leading countries in
the market. Their growth is attributed to rapidly
increasing adoption of connected lights in
electric vehicles, which in-turn is expected to
increase the demand for street lighting market
over the forecast period. Additionally, North
America is expected to have significant growth
in the market with the U.S Canada being the
leading countries in the region. The growth is
due to increased investment to boost wireless
technology for providing smart parking and
related solutions in the urban sectors.
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Smart Street Lights Market Report- Forecast 2023
(Germany) are focusing on the digital utilities
transformation.