openPR Logo
Press release

Smart street lighting systems Market size and Key Trends in terms of volume and value 2018 to 2028

01-11-2019 04:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR
Smart street lighting systems Market size and Key Trends in terms

Global Smart street lighting systems Market: Overview

With the constant adoption of new technologically advanced products across different areas of operation, the adoption of smart street lighting system is also increasing rapidly as it is a connected lighting   Considering today’s initiatives by government and other private organizations for establishing smart city projects, the demand for smart street lighting system is expected to grow significantly over the coming years. The manufacturers of smart street lighting system are focusing on delivering lighting which will help in solving the problems while constructing transportation infrastructure so that the traffic management is performed smoothly. Also, smart street lights are increasingly demanded as the cities can save on costs for lighting.

Get Free Exclusive Sample Copy of This Report @

Energy efficient lighting systems are the main feature in the smart street lighting system. Smart street lighting systems are made up of components including (light emitting diode) LED lamps, sensors, and control units. These components are equipped in each of the lamp poles and also to the designated cluster of lamp poles. Using this component in a connected manner, the centralized communication is carried out for controlling the smart street lighting systems. In addition to this, the popularity of the smart street lighting systems is expected to grow significantly over the forecast period due to increase in adoption of environmental friendly products as these lights reduce the greenhouse gas emission.

Global Smart street lighting systems Market: Drivers and Restraints

The primary factor responsible for the growth of smart street lighting system is increasing the adoption of these systems across developing countries such as India, China, and others for the projects such as the smart city. The other feature of smart street lighting systems such as real-time analysis of the lightning is also responsible for fuelling the demand for smart street lighting systems. Also, using this collected data, the detection and maintenance of lighting failure problems are solved quickly which ultimately results in saving time. The smart street lighting systems market is also expected to be driven by the fact that using these lights the total operational cost is reduced significantly as the manpower required for maintenance and check-ups of lighting is saved significantly.  In addition to this, the smart street lighting systems are handled using the centralized management system and also the parameters including light, temperature, voltage, current, etc. are continuously monitored. On the other hand, high price and lack of technical expertise required for maintenance and deployment of smart street lighting system are some of the major challenges for the growth of the market.

Ask For Customized Report @

Global Smart street lighting systems Market: Segmentation

The global Smart street lighting system market is segmented on the basis of the end user, connectivity and region.

Segmentation Based on Connectivity:

On the basis of connectivity, the smart street lighting system market is segmented into wired and wireless.

Segmentation Based on End User:

On the basis of end user, the smart street lighting system market is segmented into the Traditional & Other Renewable Energy, Solar.

Segmentation Based on Region:

On the basis of region, the smart street lighting system market is segmented into North America, Latin America, Europe, Eastern Europe, CIS & Russia, Japan, and MEA.

Global Smart street lighting systems Market: Industry Key Players

Examples of some of the key players in the global smart street lighting systems market include Koninklijke Philips N.V., Hubbell Lighting, Inc., General Electric, OSRAM, Acuity Brands Lighting, and others. Smart street lighting systems manufacturers are continuously focusing on innovations in their products. This strategy is followed by key vendors for sustaining themselves in the increasing global competition.

Global Smart street lighting systems Market: Trend

The mobile applications for the smart street lighting system is one of the major trend observed which is significantly fuelling the demand for the smart street lighting system. In addition to this, dominant players in the smart street lighting system are performing constant innovations to deliver differentiating products to the customers.

For example, in March 2018, OSRAM which is one of the leading smart street lighting system providers launched ‘Tuner4TRONIC’ a mobile application for the smart street lighting system. This application is used for setup and maintenance of the smart street lighting.  Through this application, the company is focusing on delivering more advanced smart street lighting systems with easy operational ways, by offering cloud deployment.

Request Brochure of this Report @

Global Smart street lighting systems Market: Region Wise Outlook

North America holds a significant market share due to its rapid adoption of smart street lighting system as the U.S. is the largest adopter of the smart solutions. European countries are adopting smart street lighting system and the market for it is expected to grow at significantly during the forecast period due to increasing adoption of wireless technologies and rapid adoption of efficient lighting solutions to reduce the operational time while maintenance. APEJ region is expected to grow at a significant CAGR during the forecast period due to the increasing government initiatives such as smart city projects fuelling the demand for smart street lighting system in a huge volume. On the other hand, considering the demand for Smart Street lighting system, the MEA region is expected to grow at a moderate CAGR due to less adoption rate in developing countries from this region.

The report covers an exhaustive analysis on:

Market Segments
Market Dynamics
Historical/Actual Market Size, 2013-2017
Market Size & Forecast, 2018 to 2028
Supply & Demand Value Chain
Current Trends/Issues/Challenges
Competition & Companies Involved
Value Chain of the Market
Drivers and Restraints
Regional analysis Includes:

North America
Latin America
Rest of Latin America
EU – 4 (Germany, France, Italy, Spain)
BENELUX (Belgium, Netherlands, Luxemburg)
NORDIC (Norway, Denmark, Iceland, Sweden)
Eastern Europe (Poland, Ukraine, Czech Rep., etc.)
Rest of Europe
CIS & Russia
Greater China
ASEAN Countries
Rest of APEJ
Middle East & Africa
GCC Countries
South Africa
Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market

For more information on this report, please visit:

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Follow Us on Linkedin:

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart street lighting systems Market size and Key Trends in terms of volume and value 2018 to 2028 here

News-ID: 1491473 • Views: 125

More Releases from Fact.MR

Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
07-02-2020 | Health & Medicine
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of

All 5 Releases

More Releases for Smart

Smart Solutions
Heidelberg, May 28, 2019 – The dental group Young Innovations presents new products that increase efficiency and safety in the practice: The high-quality Galaxie Cassettes simplify the cleaning, sterilization and classification of hand instruments. A stable case made of electropolished stainless steel protects the equipment, the unique design reduces the contact points. A laser-cut pattern maximizes water through flow and increases efficiency in the RDG / thermal disinfector. Smooth rounded corners
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide. This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The study objectives of this report are: To study and forecast the market size of Smart
Smart Mirrors
A smart mirror is an ordinary mirror with additional features and functionalities, incorporating capabilities that are otherwise done manually or in some computing system other than the mirror. For instance, a mirror that can connect to a smartphone or the internet and offer some measure of user comfort. The computing features in smart mirrors enable them to connect to the Internet and smartphones, categorizing them as connected devices. Connected devices
Powered Smart Cards
In terms of consumption, the global powered smart card market stood at 2,049.1 Mn units in 2015 and is expected to register a volume CAGR of 59.2% to reach 5,640.6 Mn units by 2024 end. In a new report titled “Powered Smart Card Market: Global Industry Analysis & Forecast, 2016–2024”, Persistence Market Research studies the performance of the global powered smart card market over an eight-year forecast period (2016 –
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency