September 9, 2019

Connected (Smart) Street Light Market Size, Share, Analysis and Forecast to 2025

Connected (Smart) Street Light Market Report published by Value Market Research provides a detailed market analysis comprising of market size, share, value, growth and trends for the period 2018-2025. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country market in detail.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the connected (Smart) street light market include Acuity Brands Lighting Inc., Dimonoff Inc., EnGo PLANET, OSRAM Licht Group, Philips Lighting N.V, Schreder Group, Telensa Ltd., Toshiba Lighting, and Twilight Citelum S.A. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The development of wireless technologies & sensors and new street lights such as LED lights and growing awareness among people about energy saving in order to reduce carbon footprints are favoring the market growth. Initiatives taken by various governments for replacing regular street lights with more efficient connected or smart street lights are again propelling the market demand. However, high initial setup cost associated with the installation of the smart street lighting is likely to hamper the market growth. Whereas, infrastructure development and transformation of cities into smart cities is expected to create potential demand over the forecast period.

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.

Additionally, these tools also give inclusive assessment of each application/product segment in the global market of connected (Smart) street light.

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Market Segmentation

The entire connected (Smart) street light market has been sub-categorized into connectivity and component. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.

By Connectivity

  • Wired
  • Wireless

By Component

  • Hardware
  • Software
  • Services

Regional Analysis

This section covers regional segmentation which accentuates on current and future demand for connected (Smart) street light market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.

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