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Tuesday, October 26, 2021

Global Connected (Smart) Street Light Market to be Driven by the Rapid Technological Advancements in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Connected (Smart) Street Light Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global connected (smart) street light market, assessing the market based on its segments like connectivity, component, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@

The key highlights of the report include:

Market Overview (2016-2026)

  • Forecast CAGR (2021-2026): 27%

The global connected (smart) street light industry is being driven by the rising world's population and the rising number of people living in urban cities. Furthermore, due to rapid urbanisation there is an increase in number of connected streetlights. Moreover, smart streetlighting solutions are quickly replacing traditional street lighting solutions across various economies, owing to their numerous features such as remote control and scheduling, GPS integration for easy asset management, flexible dimming controls, revenue-grade energy metering, asset management, health monitoring, fault-tolerant, reduce light pollution.

Explore the full report with the table of contents@

Industry Definition and Major Segments

Smart road lights are used to dim and brighten automatically in response to changes in the weather, vehicle crossing, and pedestrian and animal passing. Through embedded cameras and sound detectors, these lights are capable of assessing air pollution concentrations, warning to excessive air toxicity, monitoring traffic, and reducing crime rates.

The connected (smart) street light market, on the basis of connectivity, can be segmented into:

On the basis of component, the market can be segmented into:

Among these, hardware can be further sub-divided into the light source, drivers and ballast, sensor, switches, and controllers. The light source can be subdivided into LED lamps, sodium vapour lamps, and others.

The regional markets include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East an
  • Africa

Market Trends

The emergence of smart cities around the world has boosted demand for smart linked products, such as intelligent road lamps. Several market vendors are collaborating with regional governments to build smart cities. Moreover, the market players in the connected (smart) street light are also attracting attention to the growing awareness of energy conservation and effective lighting systems. Furthermore, the market is projected to expand due to the increased use of sensors and wireless systems in smart lighting in the coming years.

Key Market Players

The major players in the market are Cisco Systems, Inc., Citelum, DimOnoff Inc., Echelon, EnGo Planet, General Electric Company, Philips Lighting (Signify Holding), LED Roadway Lighting Ltd., LonMark International and Others.The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviour. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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