Smart Street Lighting Market By Product (Luminaries, By lighting control); By Communication Technology (Wired technology, Wireless Technology); By Lighting Source (LED lamp, Fluorescent lamp, Compact fluorescent lamp, High intensity discharge lamp); By Application (Indoor lighting, Outdoor lighting) and by Regional Analysis - Global Forecast by 2022-2027
The Global Smart Street Lighting Market is expected to be around US$ 45 Billion by 2027 at a CAGR of 19.08% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
18
REPORT DESCRIPTION
Smart Street lighting is a rapidly growing lighting market. At present, lot of countries are replacing the traditional street lights with the smart LED street lighting. Globally, there are about 281.4 million streetlights in the world and it is expected that it will reach 338.9 million by 2024.The traditional High Intensity discharge lamps (HID) consumes lot of energy and generates lot of heat. Thus, with growing awareness and to reduce the carbon footprints globally countries have started replacing the street lights with smart LED based lights. The smart street lighting poles can be turned “ON” or “OFF” through the smart devices and can automatically change brightness according to the time of the day. With the technology advancements, most of the smart poles are enabled with motion sensors. So, whenever there is movement near the pole the lamp’s brightness increases.
How Big is The Global Smart Street Lighting Market?
The Global Smart Street Lighting Market is expected to be around US$ 45 Billion by 2027 at a CAGR of 19.08% in the given forecast period.
The major driving factors of Smart Street Lighting Market are as follows:
The major restraining factors of Smart Street Lighting Market are as follows:
The major opportunities factor of Smart Street Lighting Market are as follows:
The major challenges factor of Smart Street Lighting Market are as follows:
The Smart Street Lighting Market has been segmented as below:
By Product
By Communication Technology
By Lighting Source
By Application
The Smart Street Lighting Market is segmented on the lines of its Product, Communication Technology, Lighting Source and Application. Based on product is segmented into Luminaries and lighting control. Based on Communication Technology it covers Wired technology and Wireless Technology. Based on Lighting Source it covers, LED lamp, Fluorescent lamp, Compact fluorescent lamp, High intensity discharge lamp and Others. Based on Application it covers Indoor lighting, Outdoor lighting. The Smart Street Lighting Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific and Latin America. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Smart Street Lighting Market and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Smart Street Lighting Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
Report scope:
The scope of the report includes a detailed study of Smart Street Lighting Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include GE Lighting, Philips Lighting, Acuity Brands, Osram and Honeywell Lighting, Acuity Brands Inc, Bridgelux, Inc., Cooper Industries, Cree, Inc., Digital Lumens, Inc. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Smart Street Lighting Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Smart Street Lighting Market.
4) Assess your competitor’s refining portfolio and its evolution.
Customization:
We can offer you custom research reports as per client’s special requirements. Also provide regional analysis.
Below are our New Reports :-
1. Introduction
1.1 Report Description
1.2 Markets Covered
1.3 Stakeholders
2. Research Methodology
2.1 Research Data
2.2 Market Size Estimation and Data Triangulation
2.3 Research Assumptions
3. Summary with Insights
4. Market Overview
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Industry Trends
4.5 Porter’s Five Forces Analysis
5. Smart Street Lighting Market, By Product
5.1 Luminaries
5.1.1 Smart bulb
5.1.2 Fixtures
5.2 By lighting control
5.2.1 Sensors
5.2.2 Switches & Dimmers
5.2.3 Routers & Gateways
5.2.4 LED drivers & ballasts
5.2.5 Relays
5.2.6 Others
6. Smart Street Lighting Market, By Communication Technology
6.1 Wired technology
6.1.1 Powerline communication
6.1.2 Power over Ethernet
6.1.3 Digital addressable lighting interface
6.1.4 Hybrid
6.2 Wireless Technology
6.2.1 Bluetooth
6.2.2 Zigbee
6.2.3 Wi-Fi
6.2.4 EnOcean
6.2.5 LPWAN
6.2.6 Hybrid
7. Smart Street Lighting Market, By Lighting Source
7.1 LED lamp
7.2 Fluorescent lamp
7.3 Compact fluorescent lamp
7.4 High intensity discharge lamp
7.5 Others
8. Smart Street Lighting Market, By Application
8.1 Indoor lighting
8.1.1 Residential lighting
8.1.2 Commercial lighting
8.1.3 Industrial lighting
8.2 Outdoor lighting
8.2.1 Highway & roadway
8.2.2 Public places
8.2.3 Bridges & tunnels
9. Smart Street Lighting Market, By Regional Analysis
9.1 North America
9.2 Europe
9.3 Asia-Pacific
9.4 Rest of the World
10. Competitive Overview
10.1 Introduction
10.2 New Product Launches
10.3 Acquisitions
10.4 Agreements, Partnerships, And Collaborations
10.5 Expansions
11. Company Profiles
11.1 General Electric Company
11.2 Honeywell International, Inc.
11.3 Silver Spring Networks
11.4 TVILIGHT B.V.
11.5 SELC Ireland Limited
11.6 Echelon Corporation
11.7 Philips Lighting N.V
11.8 Schneider Electric Software, LLC
11.9 Lutron Electronics Co., Inc.
11.10 Hubbell Incorporated
11.11 Acuity Brands Inc.
11.12 Bridgelux, Inc.
11.13 Cooper Industries, Inc.
11.14 Cree, Inc.
11.15 Digital Lumens, Inc.
11.16 OSRAM Licht Group
11.17 Zumtobel Group AG
The Smart Street Lighting Market has been segmented as below:
By Product
By Communication Technology
By Lighting Source
By Application
By Regional Analysis
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