Smart Street Lights Market Research Report – Forecast to 2027

Global Smart/Connected Street Lights Market Research Report – By Component (Hardware, Software, & Services), by Networking Technology (Narrowband, Broad-Band), By Applications (Smart Parking, Street Light Management), By End-users - Forecast till 2027

ID: MRFR/SEM/4510-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Synopsis of Global Smart/Connected Street Lights Market  


Market Scenario


Smart or connected street lights are revolutionizing the modern infrastructure. Emerging economies such as India and Brazil lack the much-needed infrastructure for providing mains (electric-grid based) electricity to cellular-connected street lights. Furthermore, the installation cost of electric-grid based street light is often high, which has persuaded the major economies to promote, implement, and explore the connected solar-powered street-lights. The adoption of solar powered street-lights is emerging at a rapid pace due to their cost-efficiency and their ability to operate at low-power. With the advent of technology, the solar-powered LED lights also help to monitor and control the flow of electricity connected through Mobile IoT and mobile networks. The streetlights can be remotely monitored and controlled with the help of connected networks. Countries such as India and China in the Asia Pacific region, along with African countries are heavily investing in solar streetlights. European countries such as U.K and Germany are also implementing the solar-powered lighting which is economical considering their low-power dependency which makes them suitable even for adverse climatic conditions.


Increasing demand for energy-efficient LED lights, emergence of the Internet of things, and constant innovation in mobile networks are some of the major factors driving the growth of smart/connected streetlights market over the forecast period. On the flipside, the data privacy and concerns related to tower radiations are presumed to hinder the growth of the market over the next few years.


The Global Smart/Connected Street Lights Market, 2017-2023 (USD Million)


 Smart Street Lights Market


Source: MRFR Analysis


The global smart/connected street lights market is expected to reach approximately USD 12,404.1 million by 2023 growing at a 22% CAGR over the forecast period 2017-2023


Key Players


Some of the key players of Smart/Connected Street Lights  market include General Electric (U.S.), Koninklijke Philips N.V (The Netherlands), Telensa (U.K.), Silver Spring (U.S.), Echelon (U.S.), Osram AG ( Germany), Cisco system (U.S.) , Trilliant holdings Inc.(U.S.), AxiomTek (U.S.),and Tech Mahindra (India).


Segmentation


The smart/connected street lights market is differentiated by components, technology, applications, and end-users


By component, the smart/connected street lights market is sub-segmented as hardware, software, and services. The hardware comprised of LED arrays, sensors, a communication module, and others. The services segment is categorized into professional services and managed services. The professional services include system integrations, training & implementation, and others.


Depending on the networking technology, the market is sub-segmented into narrowband, medium-band, and broadband technology. The narrow-band technology is further categorized into Sigfox, LoRa, RPMA, and others. The medium band includes PLC, RF mesh, and others, whereas the broadband technology consists of 3G/4G cellular, Wi-Fi, and others.


On the basis of applications, the market is categorized as environmental monitoring, traffic monitoring, smart parking, street light management, video surveillance, public messaging and others. Lastly, on the basis of end-users, the market is categorized as residential (urban and rural), retail, transportation, automotive, industrial and others.


Regional Analysis


Geographically, the smart/connected street lights market is segmented into four different regions namely North America, Asia Pacific, Europe, and the Rest of the World.


Europe is presumed to have significant growth in the smart/connected street lights market. Countries such as U.K, Germany, Norway, and France are the leading countries in the market. Their growth is attributed to rapidly increasing adoption of connected lights in electric vehicles, which in-turn is expected to increase the demand for street lighting market over the forecast period.  Additionally, North America is expected to have significant growth in the market with the U.S & Canada being the leading countries in the region. The growth is due to increased investment to boost wireless technology for providing smart parking and related solutions in the urban sectors.


Target Audience



  • Automation companies

  • End-user companies

  • System integrating companies

  • Safety light curtain component manufacturing companies

  • Safety light curtain providers

  • Automation consultants

  • Research organizations and consulting companies

  • Technology investors

  • Technology standard organizations, forums, alliances, and associations



Frequently Asked Questions (FAQ) :


Global smart/connected street lights market is projected to grow at approximately 22% CAGR during the assessment period (2018 -2023).

The valuation of the global smart/connected street lights market is estimated to increase to USD 12,404.1 MN by the end of 2023.

Increasing preference for energy conservation and the rising demand for high quality LED illumineers are tailwinds pushing the growth of the global smart/connected street lights market.

Koninklijke Philips N.V (The Netherlands), General Electric (U.S.), Telensa (U.K.), Echelon (U.S.), Silver Spring (U.S.), Osram AG ( Germany), Trilliant holdings Inc.(U.S.), Cisco system (U.S.) , AxiomTek (U.S.),and Tech Mahindra (India), are some of the top players operating in the global smart/connected street lights market.

Europe is expected to hold the highest market share in the global smart/connected street lights market.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.1.5 Bargaining power of Suppliers

4.2 Value Chain/Supply Chain of Global Smart/Connected Street Lights Market

5 Industry Overview of Global Smart/Connected Street Lights Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Smart/Connected Street Lights Market by Component

7.1 Introduction

7.2 Hardware

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Software

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Services

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Smart/Connected Street Lights Market by Hardware

8.1 Introduction

8.2 LED arrays

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Sensors

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Communication Module

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Others

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Smart/Connected Street Lights Market by Services

9.1 Introduction

9.2 Professional Services

9.2.1 System Integrations

9.2.1.1 Market Estimates & Forecast, 2020-2027

9.2.1.2 Market Estimates & Forecast by Region, 2020-2027

9.2.2 Training & Implementation

9.2.2.1 Market Estimates & Forecast, 2020-2027

9.2.2.2 Market Estimates & Forecast by Region, 2020-2027

9.2.3 Others

9.2.3.1 Market Estimates & Forecast, 2020-2027

9.2.3.2 Market Estimates & Forecast by Region, 2020-2027

9.3 Managed Services

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

10. Global Smart/Connected Street Lights Market by Networking Technology

10.1 Introduction

10.2 Narrowband

10.2.1 Sigfox

10.2.1.1 Market Estimates & Forecast, 2020-2027

10.2.1.2 Market Estimates & Forecast by Region, 2020-2027

10.2.2 LoRa

10.2.2.1 Market Estimates & Forecast, 2020-2027

10.2.2.2 Market Estimates & Forecast by Region, 2020-2027

10.2.3 RPMA

10.2.3.1 Market Estimates & Forecast, 2020-2027

10.2.3.2 Market Estimates & Forecast by Region, 2020-2027

10.2.4 Others

10.2.4.1 Market Estimates & Forecast, 2020-2027

10.2.4.2 Market Estimates & Forecast by Region, 2020-2027

10.3 Medium Band

10.3.1 Power Line Carrier

10.3.1.1 Market Estimates & Forecast, 2020-2027

10.3.1.2 Market Estimates & Forecast by Region, 2020-2027

10.3.2 Radio Frequency

10.3.2.1Market Estimates & Forecast, 2020-2027

10.3.2.2 Market Estimates & Forecast by Region, 2020-2027

10.3.3 Others

10.3.3.1Market Estimates & Forecast, 2020-2027

10.3.3.2 Market Estimates & Forecast by Region, 2020-2027

10.4 Broadband

10.4.1 3G/4G cellular

10.4.1.1 Market Estimates & Forecast, 2020-2027

10.4.1.2 Market Estimates & Forecast by Region, 2020-2027

10.4.2 Wi-Fi

10.4.2.1 Market Estimates & Forecast, 2020-2027

10.4.2.2Market Estimates & Forecast by Region, 2020-2027

10.4.3 Others

10.4.3.1 Market Estimates & Forecast, 2020-2027

10.4.3.2Market Estimates & Forecast by Region, 2020-2027

11. Global Smart/Connected Street Lights Market by Applications

11.1 Introduction

11.2 Environmental Monitoring

11.2.1 Market Estimates & Forecast, 2020-2027

11.2.2 Market Estimates & Forecast by Region, 2020-2027

11.3 Traffic Monitoring

11.3.1 Market Estimates & Forecast, 2020-2027

11.3.2 Market Estimates & Forecast by Region, 2020-2027

11.4 Smart Parking

11.4.1 Market Estimates & Forecast, 2020-2027

11.4.2 Market Estimates & Forecast by Region, 2020-2027

11.5 Street Light Management

11.5.1 Market Estimates & Forecast, 2020-2027

11.5.2 Market Estimates & Forecast by Region, 2020-2027

11.6 Video Surveillance

11.6.1 Market Estimates & Forecast, 2020-2027

11.6.2 Market Estimates & Forecast by Region, 2020-2027

11.7 Public Messaging

11.7.1 Market Estimates & Forecast, 2020-2027

11.7.2 Market Estimates & Forecast by Region, 2020-2027

11.8 Others

11.8.1 Market Estimates & Forecast, 2020-2027

11.8.2 Market Estimates & Forecast by Region, 2020-2027

12 Global Smart/Connected Street Lights Market by End-User

12.1 Introduction

12.2 Residential (urban and rural)

12.2.1 Market Estimates & Forecast, 2020-2027

12.2.2 Market Estimates & Forecast by Region, 2020-2027

12.3 Retail

12.3.1 Market Estimates & Forecast, 2020-2027

12.3.2 Market Estimates & Forecast by Region, 2020-2027

12.4 Transportation

12.4.1 Market Estimates & Forecast, 2020-2027

12.4.2 Market Estimates & Forecast by Region, 2020-2027

12.5 Automotive

12.5.1 Market Estimates & Forecast, 2020-2027

12.5.2 Market Estimates & Forecast by Region, 2020-2027

12.6 Industrial

12.6.1 Market Estimates & Forecast, 2020-2027

12.6.2 Market Estimates & Forecast by Region, 2020-2027

12.7 Others

12.7.1 Market Estimates & Forecast, 2020-2027

12.7.2 Market Estimates & Forecast by Region, 2020-2027

13. Global Smart/Connected Street Lights Market by Region

13.1 Introduction

13.2 North America

13.2.1 Market Estimates & Forecast, 2020-2027

13.2.2 Market Estimates & Forecast by Component, 2020-2027

13.2.3 Market Estimates & Forecast by Networking Technology, 2020-2027

13.2.4 Market Estimates & Forecast by Applications, 2020-2027

13.2.5 Market Estimates & Forecast by End-User, 2020-2027

13.2.6 U.S.

13.2.6.1 Market Estimates & Forecast by Component, 2020-2027

13.2.6.2 Market Estimates & Forecast by Networking Technology, 2020-2027

13.2.6.3 Market Estimates & Forecast by Applications, 2020-2027

13.2.6.4 Market Estimates & Forecast by End-User, 2020-2027

13.2.7 Canada

13.2.7.1 Market Estimates & Forecast by Component, 2020-2027

13.2.7.2 Market Estimates & Forecast by Networking Technology, 2020-2027

13.2.7.3 Market Estimates & Forecast by Applications Type, 2020-2027

13.2.7.4 Market Estimates & Forecast by End-User, 2020-2027

13.3 Europe

13.3.1 Market Estimates & Forecast, 2020-2027

13.3.2 Market Estimates & Forecast by Component, 2020-2027

13.3.3 Market Estimates & Forecast by Networking Technology, 2020-2027

13.3.4 Market Estimates & Forecast by Applications Type, 2020-2027

13.3.5 Market Estimates & Forecast by End-User, 2020-2027

13.3.6 Germany

13.3.6.1 Market Estimates & Forecast by Component, 2020-2027

13.3.6.2 Market Estimates & Forecast by Networking Technology, 2020-2027

13.3.6.3 Market Estimates & Forecast by Applications Type, 2020-2027

13.3.6.4 Market Estimates & Forecast by End-User, 2020-2027

13.3.7. France

13.3.7.1 Market Estimates & Forecast by Component, 2020-2027

13.3.7.2 Market Estimates & Forecast by Networking Technology, 2020-2027

13.3.7.3 Market Estimates & Forecast by Applications Type, 2020-2027

13.3.7.4 Market Estimates & Forecast by End-User, 2020-2027

13.3.8. U.K

13.3.8.1 Market Estimates & Forecast by Component, 2020-2027

13.3.8.2 Market Estimates & Forecast by Networking Technology, 2020-2027

13.3.8.3 Market Estimates & Forecast by Applications Type, 2020-2027

13.3.8.4 Market Estimates & Forecast by End-User, 2020-2027

13.3.9. Rest of Europe

13.3.9.1 Market Estimates & Forecast by Component, 2020-2027

13.3.9.2 Market Estimates & Forecast by Networking Technology, 2020-2027

13.3.9.3 Market Estimates & Forecast by Applications Type, 2020-2027

13.3.9.4 Market Estimates & Forecast by End-User, 2020-2027

13.4 Asia Pacific

13.4.1 Market Estimates & Forecast, 2020-2027

13.4.2 Market Estimates & Forecast by Component, 2020-2027

13.4.3 Market Estimates & Forecast by Networking Technology, 2020-2027

13.4.4 Market Estimates & Forecast by Applications Type, 2020-2027

13.4.5 Market Estimates & Forecast by End-User, 2020-2027

13.4.6 China

13.4.6.1 Market Estimates & Forecast by Component, 2020-2027

13.4.6.2 Market Estimates & Forecast by Networking Technology, 2020-2027

13.4.6.3 Market Estimates & Forecast by Applications Type, 2020-2027

13.4.6.4 Market Estimates & Forecast by End-User, 2020-2027

13.4.7 India

13.4.7.1 Market Estimates & Forecast by Component, 2020-2027

13.4.7.2 Market Estimates & Forecast by Networking Technology, 2020-2027

13.4.7.3 Market Estimates & Forecast by Applications Type, 2020-2027

13.4.7.4 Market Estimates & Forecast by End-User, 2020-2027

13.4.8 Japan

13.4.8.1 Market Estimates & Forecast by Component, 2020-2027

13.4.8.2 Market Estimates & Forecast by Networking Technology, 2020-2027

13.4.8.3 Market Estimates & Forecast by Applications Type, 2020-2027

13.4.8.4 Market Estimates & Forecast by End-User, 2020-2027

13.4.9 Rest of Asia Pacific

13.4.9.1 Market Estimates & Forecast by Component, 2020-2027

13.4.9.2 Market Estimates & Forecast by Networking Technology, 2020-2027

13.4.9.3 Market Estimates & Forecast by Applications Type, 2020-2027

13.4.9.4 Market Estimates & Forecast by End-User, 2020-2027

13.5 Rest of the World

13.5.1 Market Estimates & Forecast, 2020-2027

13.5.2 Market Estimates & Forecast by Component, 2020-2027

13.5.3 Market Estimates & Forecast by Networking Technology, 2020-2027

13.5.4 Market Estimates & Forecast by Applications Type, 2020-2027

13.5.5 Market Estimates & Forecast by End-User, 2020-2027

13.5.6 The Middle East & Africa

13.5.6.1 Market Estimates & Forecast by Component, 2020-2027

13.5.6.2 Market Estimates & Forecast by Networking Technology, 2020-2027

13.5.6.3 Market Estimates & Forecast by Applications Type, 2020-2027

13.5.6.4 Market Estimates & Forecast by End-User, 2020-2027

13.5.7 Latin Countries

13.5.7.1 Market Estimates & Forecast by Component, 2020-2027

13.5.7.2 Market Estimates & Forecast by Networking Technology, 2020-2027

13.5.7.3 Market Estimates & Forecast by Applications Type, 2020-2027

13.5.7.4 Market Estimates & Forecast by End-User, 2020-2027

14 Company Landscape

15. Company Profiles

15.1 General Electric (U.S.)

. 15.1.1 Company Overview

15 1.2 Product/Business Segment Overview

15.1.3 Financial Updates

15.1.4 Key Developments

15.2 Koninklijke Philips N.V (The Netherlands)

15.2.1 Company Overview

15.2.2 Product/Business Segment Overview

15.2.3 Financial Updates

15.2.4 Key Developments

15.3 Telensa (U.K.)

15.3.1 Company Overview

15.3.2 Product/Business Segment Overview

15.3 3 Financial Updates

15.3.4 Key Developments

15.4 +Silver Spring (U.S.)

15.4.1 Company Overview

15.4.2 Product/Business Segment Overview

15.4 3 Financial Updates

15.4.4 Key Developments

15.5 Echelon (U.S.)

15.5.1 Company Overview

15.5.2 Product/Business Segment Overview

15.5.3 Financial Updates

15.5.4 Key Developments

15.6 Osram AG ( Germany)

15.6.1 Company Overview

15.6.2 Product/Business Segment Overview

15.6.3 Financial Updates

15.6.4 Key Developments

15.7 Cisco system (U.S.)

15.7.1 Company Overview

15.7.2 Product/Business Segment Overview

15.7.3 Financial Updates

15.7 4 Key Developments

15.8 Triliant holdings Inc.(U.S.)

15.8.1 Company Overview

15.8.2 Product/Business Segment Overview

15.8.3 Financial Updates

15.8 4 Key Developments

15.9 AxiomTek (U.S.)

15.9.1 Company Overview

15.9.2 Product/Business Segment Overview

15.9.3 Financial Updates

15.9 4 Key Developments

15.10 Tech Mahindra (India)

15.10.1 Company Overview

15.10.2 Product/Business Segment Overview

15.10.3 Financial Updates

15.10 4 Key Developments

16 Conclusion

LIST OF TABLES

Table1 Global Smart/Connected Street Lights Market: By Region, 2020-2027

Table2 North America Smart/Connected Street Lights Market: By Country, 2020-2027

Table3 Europe Smart/Connected Street Lights Market: By Country, 2020-2027

Table4 Asia Pacific Smart/Connected Street Lights Market: By Country, 2020-2027

Table5 The Middle East & Africa Smart/Connected Street Lights Market: By Country, 2020-2027

Table6 Latin America Smart/Connected Street Lights Market: By Country, 2020-2027

Table7 Global Smart/Connected Street Lights by Type Market: By Regions, 2020-2027

Table8 North America Smart/Connected Street Lights by Type Market: By Country, 2020-2027

Table9 Europe Smart/Connected Street Lights by Type Market: By Country, 2020-2027

Table10 Asia Pacific Smart/Connected Street Lights by Type Market: By Country, 2020-2027

Table11 The Middle East & Africa Smart/Connected Street Lights by Type Market: By Country, 2020-2027

Table12 Latin America Smart/Connected Street Lights by Type Market: By Country, 2020-2027

Table13 Global Smart/Connected Street Lights by Application Market: By Regions, 2020-2027

Table14 North America Smart/Connected Street Lights by Application Market: By Country, 2020-2027

Table15 Europe Smart/Connected Street Lights by Application Market: By Country, 2020-2027

Table16 Asia Pacific Smart/Connected Street Lights by Application Market: By Country, 2020-2027

Table17 The Middle East & Africa Smart/Connected Street Lights by Application Market: By Country, 2020-2027

Table18 Latin America Smart/Connected Street Lights by Application Market: By Country, 2020-2027

Table19 North America Smart/Connected Street Lights for Application Market: By Country, 2020-2027

Table20 Europe Smart/Connected Street Lights for Application Market: By Country, 2020-2027

Table21 Asia Pacific Smart/Connected Street Lights for Application Market: By Country, 2020-2027

Table22 The Middle East & Africa Smart/Connected Street Lights for Application Market: By Country, 2020-2027

Table23 Global Type Market: By Region, 2020-2027

Table24 Global Application Market By Region, 2020-2027

Table25 Global Application Market By Region, 2020-2027

Table26 North America Smart/Connected Street Lights Market, By Country

Table27 North America Smart/Connected Street Lights Market, By Type

Table28 North America Smart/Connected Street Lights Market, By Application

Table29 Europe Smart/Connected Street Lights Market, By Application

Table30 Europe Smart/Connected Street Lights Market, By Type

Table31 Asia Pacific Smart/Connected Street Lights Market, By Country

Table32 Asia Pacific Smart/Connected Street Lights Market, By Type

Table33 Asia Pacific Smart/Connected Street Lights Market, By Application

Table34 The Middle East & Africa: Smart/Connected Street Lights Market, By Country

Table35 The Middle East & Africa Smart/Connected Street Lights Market, By Type

Table36 The Middle East & Africa Smart/Connected Street Lights Market, By Application

Table37 Latin America: Smart/Connected Street Lights Market, By Country

Table38 Latin America Smart/Connected Street Lights Market, By Type

Table39 Latin America Smart/Connected Street Lights Market, By Application

LIST OF FIGURES

FIGURE 1 Global Smart/Connected Street Lights Software market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Smart/Connected Street Lights Software Market

FIGURE 4 Value Chain of Global Smart/Connected Street Lights Software Market

FIGURE 5 Share of Global Smart/Connected Street Lights Software Market in 2020, by country (in %)

FIGURE 6 Global Smart/Connected Street Lights Software Market, 2020-2027,

FIGURE 7 Sub segments of Type

FIGURE 8 Global Smart/Connected Street Lights Software Market size by Type , 2020

FIGURE 8 Share of Global Smart/Connected Street Lights Software Market by Type , 2020 TO 2027

FIGURE 9 Global Smart/Connected Street Lights Software Market size by Application, 2020

FIGURE 10 Share of Global Smart/Connected Street Lights Software Market by Application, 2020 TO 2027

FIGURE 13 Global Smart/Connected Street Lights Software Market size by Industry, 2020

FIGURE 12 Share of Global Smart/Connected Street Lights Software Market by Industry, 2020 TO 2027