Infinium Global Research has added a new report on Connected
(Smart) Street Lights Market. The report presents analysis of global as
well as regional markets of connected (smart) street lights market over 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.
Moreover, the growth matrix presented by Infinium Global
Research identifies the key investment markets in the near future, this will
not only help the companies to understand the competitive position in the
global connected (smart) street lights market but also make strategic decisions
to capture the most lucrative markets in the near future.
The market size is presented in terms of value for the historic
year 2016 and estimated for forecast period of 2018-2024.
Get 15% discount for
early purchase of global connected (smart) street lights market report by
clicking the following link, Use code IGRD15 to request the discount in the
given form
https://www.infiniumglobalresearch.com/reports/request-discount/1437
The recent report identified that Europe dominated the global
connected (smart) street lights market over the last couple of years, while
emerging markets of Asia-Pacific and Latin America are anticipated to
contribute significantly to the growth in the connected (smart) street lights
market worldwide.
The report segments the global connected (smart) street lights
market 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
o
Sensors
o
Controllers/Relays
o
Others
·
Software
·
Services
Companies Profiled in the Report
·
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.,
About Infinium Global Research
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