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Connected Smart Street Light Market

04-30-2020 11:55 AM CET | IT, New Media & Software

Press release from: Market Industry Reports

According to the report, the global connected smart street light market is estimated to account for over US$ 350 Mn by 2019. The market is anticipated to grow at a CAGR of 19.88% from 2019 to 2030.

Connected smart street lights can perform multiple functions, such as traffic monitoring, public safety monitoring and auto-dimming based on changes in weather conditions among others. Also, it can measure air pollution levels and notify when the toxicity of the air increases. Increasing awareness regarding energy-efficient solutions, growing demand for intelligence lighting systems, and new smart city projects are fueling market growth.

Top Key Players:

Some of the prominent players in the connected smart street light market include Cisco Systems, Inc., Signify Holding., Itron Inc., Telensa,, OSRAM GmbH, Schrder, Huawei Technologies Co., Ltd., and ACUITY BRANDS LIGHTING, INC., among others.

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Regional Overview:

Europe accounted for the largest market share globally for the past few years. However, Asia-Pacific is expected to grow with the highest CAGR during the forecast period due to governments in the region taking up smart initiatives, especially in China, India, Japan, South Korea, and Hong Kong. For instance, in 2019, the Hong Kong government has planned to install about 400 multifunction street lamps, which are capable of collecting information related to air quality, traffic flow, and weather.

The research study includes profiles of leading companies operating in the global connected (smart) street light market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Parameters such as investments and R&D activities by major players have been tracked.

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Segments Covered

The global connected (smart) street lights market is segmented on the basis of connectivity and component.

Global Connected Smart Street Lights Market By Connectivity

Global Connected Smart Street Lights Market By Component

Company Profiles

Telensa Ltd.
Toshiba Lighting
Philips Lighting N.V
OSRAM Licht Group
OSRAM Licht Group
Acuity Brands Lighting Inc.
Schreder Group
Twilight Citelum S.A.
Dimonoff Inc.,

The Research Provides Answers To The Following Key Questions:

-How are the manufacturers operating in the Connected Smart Street Light Market plan to adjust their production according to the status of demand during the forecast period, 2019 to 2030?
-How are prominent leaders planning to secure economies in the distribution of their products?
-What are the defects in the existing products and what corrective measures should the product owners take to improve the product?
-How can companies explore new uses for their existing and new products or services, and thereby increasing the demands in the Connected Smart Street Light Market?
-What will be the market share over the estimated period?
-What are the general conditions prevailing in the Connected Smart Street Light Market?

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About Market Industry Reports:

Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.

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