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Smart Street Lightning Market poised to be valued at nearly US$ 4,300 Mn by the end of the year 2026

Smart street lighting systems consist of various features that make them reliable, environment friendly and efficient to use. Smart street lighting systems are energy efficient, predominantly using LED lighting and possess control units and sensors in all the lamps or group of lamp poles, in order to enable them to transmit data to the central controlling system, thereby facilitating two way communication.

In this manner, smart street lighting systems are able to transmit information such as which lamps have stopped emitting light so that they can be replaced. Other variables that can be monitored in a smart street lighting system include temperature, light, current, etc. thus transmitting real-time information to the centralized system, making the maintenance of street lighting systems easy to accomplish and also cheaper than routine maintenance. Another important feature of smart lighting systems is that these are environment friendly and reduce the emission of harmful greenhouse gases.

A new report prepared by Persistence Market Research titled ‘Smart Street Lighting Market: Global Industry Analysis 2012-2016 and Forecast 2017-2026’ studies the performance of the global smart street lighting market over a nine year assessment period starting from the year 2017 and ending in the year 2026. The report presents the forecast by value of the global smart street lighting market and provides important information regarding the market dynamics operating in this market such as the drivers, restraints, opportunities and trends.

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As per the data provided by Persistence Market Research, the global smart street lighting market was estimated to be valued at nearly US$ 1,000 Mn at the end of the year 2017 and is slated to reach a valuation of nearly US$ 4,300 Mn at the end of the assessment period in 2026, and in the process exhibit a CAGR of 17.5% during 2017-2026.

smart street lighting market

Wired Connectivity Segment Largest in Terms of Revenue Share

The wired segment in the connectivity category of the global smart street lighting market is the largest in terms of value and is poised to exhibit a CAGR of 14.7% during the period of assessment. The wired segment is projected to reach a value of nearly US$ 2,600 Mn at the end of the period of assessment.

Traditional and Other Renewable Energy Segment by Energy Source to Lead in Terms of Revenue

The traditional and other renewable energy segment in the energy source category of the global smart street lighting system market is expected to exhibit a CAGR of 16.9% during the period of assessment. The traditional and other renewable energy segment was estimated to be valued at nearly US$ 960 Mn in the year 2017.

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LED Segment by Type Slated to Exhibit the Fastest Growth Rate

The LED segment in the type category of the global smart street lighting market is poised to exhibit the fastest CAGR of 21.3% during the period of assessment. The LED segment is forecasted to reach a market valuation of nearly US$ 2,700 Mn by 2026 end.

North America Smart Street Lighting Market to Emerge the Largest in Terms of Value Among Other Regional Markets

The smart street lighting market in North America is the largest in terms of revenue and is likely to exhibit a CAGR of 15.5% during the period of assessment. The North America regional market is likely to reach a valuation of nearly US$ 1,250 Mn by the end of the period of forecast in 2026.

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Global Smart Street Lighting Market 2025 Size, Trends, Growth, Top Manufacturers Hubbell Lighting, Honeywell International, Royal Philips, GE Lighting

Reportspedia, adds a comprehensive research of the ‘ Smart Street Lighting market’ that mentions valuable insights pertaining to market share, profitability graph, market size, SWOT analysis, and regional proliferation of this industry. This study is a comprehensive combination of qualitative and qualitative information highlighting market developments, industries and competitors’ challenges in analyzing the gap and new opportunities and possibly trending in the Global Smart Street Lighting Market.

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Our analysts have used A+ grade approach of primary and secondary resources to prepare this valuable research study for our esteemed clients. Current Trends, Future Trends as well as latest technological factors of Smart Street Lighting have been studied in order to provide up to date information about the Industry.

Key Players covered in the Global Smart Street Lighting Market Report are as follows:

Hubbell Lighting
Honeywell International
Royal Philips
GE Lighting
Schneider Electric
Acuity Brands Lighting
Lutron Electronics

Highlights of Global Smart Street Lighting Market Research Report 2020:

  • Profiles of Top Market Players.
  • New Product Launches data as well as latest Strategies adopted by Competitors.
  • PESTEL Analysis and SWOT Analysis of Smart Street Lighting Market players.
  • Value (Revenue) & Volume (Production, Consumption, Import-Export, Sales, etc.) of Smart Street Lighting Market.
  • Major Market Segments of Smart Street Lighting Industry at global and regional level.
  • Growth Rate and Market Size.
  • Technological Advancements, Impacts of COVID-19 on the Industry. Etc.

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Global Smart Street Lighting market Segment/Regional Analysis:

Global Smart Street Lighting Market Report comprises of various segment analysis such as market by type, product and applications. We can customise the segments as per your requirements, please feel free to let us know if you want us to focus on any specific areas.

On the basis of Smart Street Lighting Types:

Wired Street Lighting
Wireless Street Lighting

On the basis of Smart Street Lighting Applications:

Industrial Park
Residential Areas

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On the basis of Regional Analysis:

  • North America (United States, Canada, Mexico)
  • Asia Pacific (China, South Korea, Japan, Indonesia, Australia, India and Taiwan)
  • Europe (Germany, UK, France, Italy, Spain, Russia)
  • Middle East & Africa (Saudi Arabia, Egypt, UAE, South Africa, Nigeria)
  • South America (Brazil, Argentina, Columbia, Chile)

Following 12 Chapters illustrates the Smart Street Lighting market globally:

Chapter 1, enlist the objectives of Smart Street Lightingmarket stating the fundamental market overview, key definitions, development scope of Smart Street Lighting, market concentration and market maturity study;

Chapter 2, studies the type of Smart Street Lighting, applications, regional presence, market dynamics, growth driving factors of Smart Street Lighting, limitations to the market development, opportunities and industry plans and policies from 2015-2020;

Chapter 3, shows the industry chain structure enlisting the major player of Smart Street Lighting, production process study, cost structures, raw material analysis, labor cost, marketing channels and downstream study of Smart Street Lighting.

Chapter 4, presents the Smart Street Lighting market by type and applications based on value, market share, growth rate, and price analysis from 2015-2020;

Chapter 5 and 6, conducts the Smart Street Lighting study based on key regions value, price, gross margin, utilization ratio, import-export scenario, and production capacity;

Chapter 7 and 8, describes the market based on the SWOT analysis of every region analyzed in this study. The competitive scenario among leading Smart Street Lighting players is demonstrated based on their company profile, product introduction, value, gross margin and Smart Street Lighting industry presence across different regions;

Chapter 9 and 10, depicts the forecast market information based on value and volume forecast from 2020-2025. Also, the region-wise market value and consumption forecast is covered in this report;

Chapter 11 and 12, conduct the feasibility study of Smart Street Lighting industry to analyze the industry barriers, emerging market segments, SWOT analysis of new entrants, analyst suggestions. Lastly, the research findings, conclusions, our data sources, and research methodology implied to derive Smart Street Lighting market numbers is presented.

Global Smart Street Lighting Market Full Research Report and detailed TOC:,-regions,-type-and-application,-forecast-to-2025/55388#table_of_contents

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