Connected Street Lights Market

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Connected Street Lights Market - Industry
Analysis, Market Size, Share, Trends, Application
Analysis, Growth And Forecast 2021 - 2026
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• Connected streetlights Market size was valued at
  1.3 billion in 2020 and it is estimated to grow
  at a CAGR of 14.82 during 2021-2026.
• The growth is mainly attributed to the high
  penetration of internet of things (IoT), constant
  innovation in mobile networks along with wireless
  technology, increasing demand for efficient
  advanced lighting solutions across industries and
  awareness regarding energy conservation.
• Furthermore, exponentially growing investments in
  smart city projects and government initiatives
  for greener strategies to support sustainable
  development across the world are the major
  driving factors of connected streetlights market.

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• Key Takeaways
• Hardware held the highest market share in 2020
  and is anticipated to witness significant amount
  of growth, owing to increasing awareness
  regarding environmental issues and growing
  adoption of LED streetlights.
• Public Government sector is analysed to witness
  the fastest growth between 2021-2026. Rising
  requirement for cost effective, energy efficient
  lighting technology and smart city project
  initiatives are the key factors behind the
  growth.

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• By Distribution Channel- Segment Analysis
• Connected streetlights market is segmented
  into hardware, software and services, based on
  component. Hardware segment is further segmented
  into LED Lamps, Sodium Vapor Lamps, Drivers and
  Ballast, Sensors, Switches, Controllers and
  others. Among all the components, hardware
  dominated the market with a share of 25.16 in
  2020, due to the increasing environmental
  concerns across the world and increasing adoption
  of light emitting diode (LED) lights for its
  several benefits. Many countries across the globe
  are investing heavily for the installation of
  more reliable LED street lighting system. 

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• Connected Streetlights Market  Industry Outlook 
• General Electric
• Koninklijke Philips N.V
• Telensa Holdings Ltd.
• Echelon Corporation
• Osram Licht AG
• Signify Holding B.V.
• Cisco Systems, Inc.
• Trilliant holdings Inc.
• AxiomTek Co., Ltd.
• Cree Inc

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Connected Street Lights Market - Industry
Analysis, Market Size, Share, Trends, Application
Analysis, Growth And Forecast 2021 - 2026Learn
More About the Report _at_ https//www.industryar
c.com/Research/Connected-Street-Lights-Market-Rese
arch-509477
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id509477

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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