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 2025.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. According to our analyst, the smart street lighting market will grow at an estimated CAGR of XX% during the forecast period 2016-2022. Europe is the biggest market for the smart street lighting followed by Americas. Countries which are leading in the smart street lighting are Germany, UK and US. The Upcoming Report markets for the smart street lighting are India, China, and Poland due to the growing number of smart cities projects in these countries. Key players covered in this report is GE Lighting, Philips Lighting, Acuity Brands, Osram and Honeywell Lighting. The research report provides a comprehensive review of Connectivity Technologies, Lighting lamps, Network Components, Upcoming Report and On-Going Smart street lighting projects and Regions. This study covers and analyses “Smart Street Lighting Market” globally. Bringing out the complete key insights of this industry, this report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiative and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.
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