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Connected (Smart) Street Lights Market - By Component (Hardware, Software, and Services), By Networking Technology (Medium Band, Narrowband, and Broadband), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Published Date: 12-Feb-2021 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-3014 Status : Published

The global Connected (Smart) Street Lights market, which accrued revenue worth 675 (USD Million) in 2019 and anticipated to garner earnings about 1,502.8 (USD Million) by 2025, is set to grow at a CAGR of nearly 21.8% during the period from 2019 to 2025.

Description

The global Connected (Smart) Street Lights market, which accrued revenue worth 675 (USD Million) in 2019 and anticipated to garner earnings about 1,502.8 (USD Million) by 2025, is set to grow at a CAGR of nearly 21.8% during the period from 2019 to 2025. The report offers valuation and analysis of the Connected (Smart) Street Lights market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2019 along with a forecast from 2019 to 2025 based on value (USD Million).

Connected (Smart) Street Lights Industry Synopsis

Smart street lights have brought a paradigm shift in the power industry. With smart city concept becoming the buzzword, connected (smart) street light market is anticipated to gain traction over the forecast timeline. Secured and resilient communication tools are few of the major elements facilitating the launching of next-gen technologies based on the condition that processing of data, data telemetry, data usage, and data acquisition are key to the delivery of proficient operations and customer focused solutions. Connected (Smart) Street Lights are the products that fit in the role.

Connected (Smart) Street Lights Industry: Growth Drivers

Escalating demand for connecting street light infrastructure with IoT is likely to generate massive product demand over the forecast timeline. In many of the developed countries, smart street light systems are integrated with electric vehicle charging stations, traffic management systems, public safety video monitoring systems, and broadband connection. This, in turn, will steer the expansion of connected (smart) street lights industry over the ensuing years. Apparently, smart street lighting is projected to prove as a key for smart city construction in the coming decade. It has been projected that smart street lights will help in providing continuous electricity and will ensure the security of the cities as it will be embedded with security cameras, traffic counters, electric vehicle chargers, and environmental sensors. All these factors will accelerate the expansion of connected (smart) street lights industry over the ensuing years.

Furthermore, large-scale urbanization is also projected to contribute majorly towards connected (smart) street lights industry size over the forecast timeline. Massive focus of the government to improve the quality of life of its citizens will translate into humungous market demand over the forecast timespan. Apparently, other benefits offered by connected (smart) street lights include charging of electric vehicles, digital signage communication, smart parking, and environmental monitoring. With massive returns and advantages offered by smart street lights, the market for connected (smart) street lights is anticipated to gain traction over the assessment period.

Europe To Make Notable Contributions Towards Overall Market Earnings By 2025

The expansion of the connected (smart) street lights industry in Europe over the forecast timespan is ascribed to massive acceptance of smart lights in electric cars across the countries such as France, UK, Norway, and Germany. In addition to this, in February 2019, EU accepted guidance on deployment of roadway lights. For the record, in August 2019, EU allocated euros worth 82 million to develop twenty smart city ventures. All these aspects is predicted to embellish the expansion of connected (smart) street lights industry in Europe over the ensuing years.       

Competitive Landscape

Key participants profiled in the study include Toshiba Corporation; Citelum S.A.; Tvilight; Cisco Systems, Inc.; OSRAM Licht Group; Echelon Corporation; Telensa Ltd.; DimOnoff Inc.; LED Roadway Lighting Ltd.; Flashnet SRL; LonMark International; EnGo Planet; Philips Lighting N.V.; General Electric Co.; Silver Spring Networks Inc.; and Transdata Inc.

The global connected (smart) street lights market is segmented as follows:

By component:

  • Hardware
    • Light Source
      • LED lamps
      • Sodium vapor lamps
      • Others
    • Drivers & Ballast
    • Sensors
    • Switches
    • Controllers
    • Others
  • Software
  • Services

By networking technology:

  • Narrowband
  • Medium band
  • Broadband

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Connected (Smart) Street Lights Market , 2015–2025 (USD Million)
    • 2.2. Connected (Smart) Street Lights Market : Snapshot
  • Chapter 3. Global Connected (Smart) Street Lights Market – Industry Analysis
    • 3.1. Connected (Smart) Street Lights Market : Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Large-scale urbanization is also projected to contribute majorly towards connected (smart) street lights industry size over the forecast timeline.
      • 3.2.2. Other benefits offered by connected (smart) street lights include charging of electric vehicles, digital signage communication, smart parking, and environmental monitoring, thereby driving market trends.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Component
      • 3.4.2. Market attractiveness analysis By Networking Technulogy
  • Chapter 4. Global Connected (Smart) Street Lights Market – Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Connected (Smart) Street Lights Market : company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Service launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Connected (Smart) Street Lights Market – Component Analysis
    • 5.1. Global Connected (Smart) Street Lights Market overview: By Component
      • 5.1.1. Global Connected (Smart) Street Lights Market share, By Component, 2018 and 2025
    • 5.2. Hardware
      • 5.2.1. Global Connected (Smart) Street Lights Market By Hardware, 2015–2025 (USD Million)
    • 5.3. Software
      • 5.3.1. Global Connected (Smart) Street Lights Market By Software, 2015–2025 (USD Million)
    • 5.4. Services
      • 5.4.1. Global Connected (Smart) Street Lights Market By Services, 2015–2025 (USD Million)
  • Chapter 6. Global Connected (Smart) Street Lights Market – Networking Technulogy Analysis
    • 6.1. Global Connected (Smart) Street Lights Market overview: By Networking Technulogy
      • 6.1.1. Global Connected (Smart) Street Lights Market share, By Networking Technulogy , 2018 and 2025
    • 6.2. Medium Band
      • 6.2.1. Global Connected (Smart) Street Lights Market By Medium Band, 2015–2025 (USD Million)
    • 6.3. Narrowband
      • 6.3.1. Global Connected (Smart) Street Lights Market By Narrowband, 2015–2025 (USD Million)
    • 6.4. Broadband
      • 6.4.1. Global Connected (Smart) Street Lights Market By Broadband, 2015–2025 (USD Million)
  • Chapter 7. Company Profiles
    • 7.1. Citelum S.A.
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product Portfulio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Cisco Systems, Inc.
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product Portfulio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. Echelon Corporation
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product Portfulio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Developments
    • 7.4. DimOnoff Inc.
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product Portfulio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Developments
    • 7.5. Flashnet SRL
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product Portfulio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. EnGo Planet
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product Portfulio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. Philips Lighting N.V.
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product Portfulio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. General Electric Co.
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product Portfulio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. LonMark International
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product Portfulio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development
    • 7.10. LED Roadway Lighting Ltd.
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Product Portfulio
      • 7.10.4. Business Strategy
      • 7.10.5. Recent Development
    • 7.11. Silver Spring Networks Inc.
      • 7.11.1. Overview
      • 7.11.2. Financials
      • 7.11.3. Product Portfulio
      • 7.11.4. Business Strategy
      • 7.11.5. Recent Development
    • 7.12. OSRAM Licht Group
      • 7.12.1. Overview
      • 7.12.2. Financials
      • 7.12.3. Product Portfulio
      • 7.12.4. Business Strategy
      • 7.12.5. Recent Development
    • 7.13. Toshiba Corporation
      • 7.13.1. Overview
      • 7.13.2. Financials
      • 7.13.3. Product Portfulio
      • 7.13.4. Business Strategy
      • 7.13.5. Recent Development
    • 7.14. Telensa Ltd.
      • 7.14.1. Overview
      • 7.14.2. Financials
      • 7.14.3. Product Portfulio
      • 7.14.4. Business Strategy
      • 7.14.5. Recent Development
    • 7.15. Tvilight
      • 7.15.1. Overview
      • 7.15.2. Financials
      • 7.15.3. Product Portfulio
      • 7.15.4. Business Strategy
      • 7.15.5. Recent Development
    • 7.16. Transdata Inc
      • 7.16.1. Overview
      • 7.16.2. Financials
      • 7.16.3. Product Portfulio
      • 7.16.4. Business Strategy
      • 7.16.5. Recent Development

Methodology


Frequently Asked Questions

Escalating demand for connecting street light infrastructure with IoT is likely to generate massive product demand over the forecast timeline. In many of the developed countries, smart street light systems are integrated with electric vehicle charging stations, traffic management systems, public safety video monitoring systems, and broadband connection. This, in turn, will steer the expansion of connected (smart) street lights industry over the ensuing years. Apparently, smart street lighting is projected to prove as a key for smart city construction in the coming decade. It has been projected that smart street lights will help in providing continuous electricity and will ensure the security of the cities as it will be embedded with security cameras, traffic counters, electric vehicle chargers, and environmental sensors. All these factors will accelerate the expansion of connected (smart) street lights industry over the ensuing years.  

According to Zion Market Research report, the global Connected (Smart) Street Lights market, which accrued revenue worth 675 (USD Million) in 2019 and anticipated to garner earnings about 1,502.8 (USD Million) by 2025, is set to grow at a CAGR of nearly 21.8% during the period from 2019 to 2025.  

Europe is likely to make noteworthy contributions towards overall Connected (Smart) Street Lights Market revenue over 2019-2025. The growth of the market in the region over estimated timespan can be attributed to massive acceptance of smart lights in electric cars across the countries such as France, UK, Norway, and Germany. In addition to this, in February 2019, EU accepted guidance on deployment of roadway lights. For the record, in August 2019, EU allocated euros worth 82 million to develop twenty smart city ventures. All these aspects are predicted to embellish the expansion of connected (smart) street lights industry in Europe over the ensuing years.

The key players profiled in the report include Toshiba Corporation; Citelum S.A.; Tvilight; Cisco Systems, Inc.; OSRAM Licht Group; Echelon Corporation; Telensa Ltd.; DimOnoff Inc.; LED Roadway Lighting Ltd.; Flashnet SRL; LonMark International; EnGo Planet; Philips Lighting N.V.; General Electric Co.; Silver Spring Networks Inc.; and Transdata Inc.
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