Market Research Logo

Connected (Smart) Street Lights Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Connected (Smart) Street Lights Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The report on global connected (smart) street lights market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global connected (smart) street lights market to grow with a CAGR of 16.5% over the forecast period of 2018-2024. The study on connected (smart) street lights market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Connected or smart street light is the intelligent street lightning system that adjusts automatically based on the real time traffic conditions and change according to realistic condition. The conventional street light is one of the major source of electricity consumption owing to the continuous operation of lighting during the night time, thus in order to reduce the unnecessary electricity consumption, the existing conventional system has to be adapted to intelligent lighting system. This smart street lights consists of IR sensor, PIR sensor, low cost embedded controller and memory devices.
The growing trend of development of smart cities drives the growth of connected street lights market. The smart street light to be used in smart cities will not help in improving lighting efficiency but also help to help cities monitor and respond to any circumstance, from traffic and air quality to crowds and noise. In addition, the connected street lights offers various benefits over the conventional street lights such as better energy saving, improved operational efficiency, low maintenance cost and reduce carbon emission are some of the reasons that are likely to boost the demand of connected street light market. This smart lightning reduces energy costs up to 35% through intelligent ON/OFF switching and targeted progressive dimming. Also, initiatives taken by utility companies and government institutions to adopt to smart lightning technologies in order to save energy and reduce carbon emission is supporting to grow the market.
The smart lighting moderates the Maintenance activity as the detail analysis of defects and the necessary materials are received with the real time network mapping. However, high initial setup cost associated with installation of the smart street lighting is hampering the growth of connected or smart light market. Moreover, the rising projects of smart cities across all over the globe is expected to fuel the smart street lightning market over the forecast period. The ongoing technological advancements in the smart street lighting such as developments in the wireless and the internet of things (IoT) technologies is projected to create the several opportunities in the smart street lightning.
Geographically, Europe holds the largest market share in the smart street lighting followed by North America. The various companies and the government agencies in the U.K are focusing on the smart street lighting solutions due to the estimated advantages of smart street lightning which in turn reduces the energy consumption and it is also beneficial for the economy in this region. Asia Pacific is the fastest growing region in the smart lightning market owing to the demand of energy efficient solution and the growing construction industries in this region.
The report on connected (smart) street lights market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global connected (smart) street lights market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global connected (smart) street lights market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global connected (smart) street lights market is segmented on the basis of connectivity and component.

Global connected (smart) Street Lights Market by Connectivity
Wired
Wireless
Global connected (smart) Street Lights Market by Component
Hardware
• Sensors
• Controllers/Relays
• Others
Software
Services

Company Profiles
EnGo PLANET
Telensa Ltd.
Toshiba Lighting
Philips Lighting N.V
OSRAM Licht Group
OSRAM Licht Group
Acuity Brands Lighting Inc.
Schreder Group
Twilight Citelum S.A.
Dimonoff Inc.,

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of connected (smart) street lights market.
2. Complete coverage of all the segments in connected (smart) street lights market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global connected (smart) street lights market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.


The report on connected (smart) street lights market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global connected (smart) street lights market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
2.1. Connected (smart) Street Lights Market Highlights
2.2. Connected (smart) Street Lights Market Projection
2.3. Connected (smart) Street Lights Market Regional Highlights
3. Global Connected (smart) Street Lights Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Connectivity
3.4.2. IGR-Growth Matrix Analysis by Component
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value chain connected (smart) street lights market
3.6. Import-Export data matrix
4. Global Connected (smart) Street Lights Market Macro Indicator Analysis
5. Global Connected (smart) Street Lights Market by Connectivity
5.1. Wired
5.2. Wireless
6. Global Connected (smart) Street Lights Market by Component
6.1. Hardware
6.1.1. Sensors
6.1.2. Controllers/Relays
6.1.3. Others
6.2. Software
6.3. Services
7. Global Connected (smart) Street Lights Market by Region 2018-2024
7.1. North America
7.1.1. North America Connected (smart) Street Lights Market by Connectivity
7.1.2. North America Connected (smart) Street Lights Market by Component
7.1.3. North America Connected (smart) Street Lights Market by Country
7.2. Europe
7.2.1. Europe Connected (smart) Street Lights Market by Connectivity
7.2.2. Europe Connected (smart) Street Lights Market by Component
7.2.3. Europe Connected (smart) Street Lights Market by Country
7.3. Asia-Pacific
7.3.1. Asia-Pacific Connected (smart) Street Lights Market by Connectivity
7.3.2. Asia-Pacific Connected (smart) Street Lights Market by Component
7.3.3. Asia-Pacific Connected (smart) Street Lights Market by Country
7.4. RoW
7.4.1. RoW Connected (smart) Street Lights Market by Connectivity
7.4.2. RoW Connected (smart) Street Lights Market by Component
7.4.3. RoW Connected (smart) Street Lights Market by Sub-region
8. Company profiles and competitive landscape
8.1. Competitive Landscape in the Global Connected (smart) Street Lights Market
8.2. Companies Profiles
8.2.1. Engo Planet
8.2.1.1. Overview
8.2.1.2. Company Snapshot
8.2.1.3. Financial Snapshot
8.2.1.4. Product portfolio
8.2.1.5. Recent developments
8.2.2. Telensa Ltd.
8.2.2.1. Overview
8.2.2.2. Company Snapshot
8.2.2.3. Financial Snapshot
8.2.2.4. Product portfolio
8.2.2.5. Recent developments
8.2.3. Toshiba Lighting
8.2.3.1. Overview
8.2.3.2. Company Snapshot
8.2.3.3. Financial Snapshot
8.2.3.4. Product portfolio
8.2.3.5. Recent developments
8.2.4. Philips Lighting N.v
8.2.4.1. Overview
8.2.4.2. Company Snapshot
8.2.4.3. Financial Snapshot
8.2.4.4. Product portfolio
8.2.4.5. Recent developments
8.2.5. Osram Licht Group
8.2.5.1. Overview
8.2.5.2. Company Snapshot
8.2.5.3. Financial Snapshot
8.2.5.4. Product portfolio
8.2.5.5. Recent developments
8.2.6. Osram Licht Group
8.2.6.1. Overview
8.2.6.2. Company Snapshot
8.2.6.3. Financial Snapshot
8.2.6.4. Product portfolio
8.2.6.5. Recent developments
8.2.7. Acuity Brands Lighting Inc.
8.2.7.1. Overview
8.2.7.2. Company Snapshot
8.2.7.3. Financial Snapshot
8.2.7.4. Product portfolio
8.2.7.5. Recent developments
8.2.8. Schreder Group
8.2.8.1. Overview
8.2.8.2. Company Snapshot
8.2.8.3. Financial Snapshot
8.2.8.4. Product portfolio
8.2.8.5. Recent developments
8.2.9. Twilight Citelum S.a.
8.2.9.1. Overview
8.2.9.2. Company Snapshot
8.2.9.3. Financial Snapshot
8.2.9.4. Product portfolio
8.2.9.5. Recent developments
8.2.10. Dimonoff Inc.,
8.2.10.1. Overview
8.2.10.2. Company Snapshot
8.2.10.3. Financial Snapshot
8.2.10.4. Product portfolio
8.2.10.5. Recent developments
9. Appendix
9.1. Primary research findings and questionnaire

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report