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
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)
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