Smart Street Lighting Market – Development, Growth Rate and Demand for Global Industry: United States, Europe, Japan and China

Streetlights are the critical aspect of every metropolitan area. They facilitate the pedestrians and drivers with security and safety. By the introduction of energy efficient smart lighting systems, the government across the globe have adopted this technology for the public lighting facilities. Smart or intelligent street lighting offers numerous key advantages to a city, comprising of financial, environmental, security and safety. A comprehensive smart street lighting system is primarily inclusive of advanced lighting source like Light Emitting Diode (LED) lamps or High Intensity Discharge (HID) lamps, sensors and controlled units that are integrated with the street lamp pole, a management center system/application and communication units. Further, these components are connected to each other through a resilient and secured wireless or wired network, which enables communication among these components and the user. By using energy efficient bulbs these smart street lighting solution is expected to witness high adoption growth in the coming years.

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The objectives of this report are as follows:

To provide overview of the global smart street lighting market
To analyze and forecast the global smart street lighting market on the basis of deployment site, technology and end - user.
To provide market size and forecast till 2025 for overall smart street lighting market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
To provide exhaustive PEST analysis for all five regions
To profiles key smart street lighting players influencing the market along with their SWOT analysis and market strategies

The report aims to provide an overview of Global smart street lighting market along with detailed segmentation of market by deployment site, technology, end-user and five major geographical regions. Global smart street lighting market is expected to witness steady growth during the forecast period due to increasing capitalization made by the government organizations in order to attain their aim of sustainable development and create secure environment for people.

Some of the important players

- Phillips

- GE Lighting

- OSRAM Sylvania

- Echelon

- Eaton Corp. Electrical Group

- Streetlight.Vision

- Acuity Brands

- Cree

- Bridgelux

- Schneider Electric

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This release was published on openPR.