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The global connected (smart) street light market is projected to grow at a CAGR of 27% during the forecast period 2024-2032.
Base Year
Historical Year
Forecast Year
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Smart road lights are capable of auto-dimming and brightening depending on weather modifications, vehicle passage, and pedestrian and animal passage. These lights are capable of measuring concentrations of air pollution, alerting to elevated air toxicity, monitoring traffic, and reducing crime rates through embedded cameras and sound detectors.
The connected (smart) street light industry can be segmented into connectivity, components, and regions.
Based on its connectivity, the market is bifurcated as:
Based on component, the market can be divided into:
Looks into, The regional markets of connected (smart) street light like
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The rising number of smart cities is one of the leading market trends affecting the development of the connected (smart) street light industry. The rise in smart cities worldwide has increased the demand for intelligent connected appliances, including intelligent road lamps. Developed on a scalable platform, the network of intelligent street lamps enhances road safety and decreases accident opportunities. Several market suppliers are partnering to construct smart cities with regional governments. Also, the increasing awareness of energy conservation and effective lighting methods are attracting the attention of players in the connected (smart) street light industry. Furthermore, the growth of sensors and wireless systems in smart lighting is expected to fuel the market growth.
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The report presents a detailed analysis of the following key players in the global connected (smart) street light market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global connected (smart) street light market is expected to grow at a CAGR of about 27% in the forecast period of 2024-2032.
The major drivers of the market such as increasing population, increasing demand for intelligent connected appliances, including intelligent road lamps, growth of sensors and wireless systems in smart lighting, rise in the demand for greener strategies, introduction of new wireless technologies, and rapidly rising trend of street lighting systems and lighting in commercial setups are expected to aid the industry growth.
The rising number of smart cities and increasing awareness of energy conservation and effective lighting methods are the key trends trends affecting the development of the connected (smart) street light industry.
North America, Latin America, Middle East and Africa, Europe, and Asia Pacific are the major regions in the market.
The major connectivity segments in the market are wired and wireless.
The major types of components for the market are hardware, software, and services. Hardware can be further divided into the light source, drivers and ballast, sensor, switches, and controllers, among others. The light source can be subdivided into LED lamps, and sodium vapour lamps, among others.
The major players in the market are EnGoPlanet Energy Solutions LLC, General Electric Company (NYSE: GE), Philips Lighting (Signify Holding), LED Roadway Lighting Ltd., LonMark International Inc., Signify Holding B.V., Cisco Systems, Inc. , DimOnoff Inc., Citelum S.A., Echelon, Others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Connectivity |
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Breakup by Component |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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