Smart Connected Street Lights Market Growth 2022 to 2030, Future Trends and Forecast | CAGR 23.4%

The Smart Street Lights Market is expected to grow at a 23.4% CAGR and help the market reach a final valuation of 14,751.1 million by the end of the forecast period 2030.

Smart Connected Street Lights Market Overview:

Global Smart Connected Street Lights Market 2022-2030, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Smart Connected Street Lights Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Smart Connected Street Lights market size, potential growth, trends and expansion strategies followed by top prominent players.

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A good street lighting system provides the connection between the facilities through a reliable and secure wireless or wireless network. This connection enables two-way communication to monitor and control the fire service. An intelligent street lighting control system consists of electronic equipment, lighting equipment, energy storage equipment, and network equipment for communication. These systems provide higher power and better control by reducing power consumption and power consumption.
Lighting control and street monitoring Smart City helps operators to control the lighting of the lighting according to any ambiance, the intensity of daylight, presence, and physical presence. A remote control system that enables the control of lighting operation conditions can be connected to modern LED street lights. It is possible to adjust the lighting according to the weather on a particular day, depending on the season.

Some of the key players profiled in the study are
Cisco Systems, Inc., Citelum, DimOnoff Inc., Echelon, EnGo Planet, General Electric Company, Philips Lighting (Signify Holding), LED Roadway Lighting Ltd., LonMark International, and Others.

Smart Connected Street Lights Market Segmentation:

By Type:
Hardware
Software
Services
Other

By Applications:
Infrastructure
Shopping Plaza
Industrial Area
Public Road
Others

Latest Industry Developments:
• In 2022, Telensa Holdings Ltd., a UK-based specialist in wireless monitoring and control systems for smart cities, unveiled its new 'hybrid' network architecture to support connected street lighting solutions. The company upgraded its UNB radio technology network and mobile connectivity to provide customers with a comprehensive solution supported by a single control system and user interface.
• In July 2021, Signify acquired Telensa Holdings Ltd. to add broadband and TALQ solutions fit into rich, open and secure systems.
• In July 2021, Itron, Inc. announced that Grid4C's Grid Edge AI application is now part of its expanding ecosystem of application intelligence (DI). Grid4C has successfully deployed Grid Edge AI software at Itron's Raleigh DI lab.
• In 2019, Philips Lighting launched a new wireless connected lighting system

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecasts (2022-2030) of the following regions are covered:
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Europe is expected to dominate the integrated smart street lighting business during the forecast period. Increasing focus on achieving sustainable energy targets is driving the market in the region.
Increase in investment in urban infrastructure, increase in per capita income, and large industrial and urban infrastructure are driving the growth of the Asia Pacific street lighting market. In addition, the availability of affordable electronic products can contribute to the market growth in the region. North America and the Middle East & Africa have huge opportunities in the connected street lighting industry as these regions integrate smart infrastructure and cities.

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Table of Content of Smart Connected Street Lights Market Report:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Covid-19 Impact On Smart Connected Street Lights Market
5. Smart Connected Street Lights Market Overview, By Segmentation, 2017 - 2030 (USD Million)
6. Smart Connected Street Lights Market Overview, By Geography, 2017 - 2030 (USD Million)
7. North America Smart Connected Street Lights Market Overview, By Countries, 2017 - 2030 (USD Million)
8. Europe Smart Connected Street Lights Market Overview, By Countries, 2017 - 2030 (USD Million)
9. Asia Pacific Smart Connected Street Lights Market Overview, By Countries, 2017 - 2030 (USD Million)
10. Middle East & Africa Smart Connected Street Lights Market Overview, By Countries, 2017 - 2030 (USD Million)
11. South America Smart Connected Street Lights Market Overview, By Countries, 2017 - 2030 (USD Million)
12. Competitive Landscape
13. Key Vendor Analysis
14. Smart Connected Street Lights Market Cost Analysis
15. Industrial Chain, Sourcing Strategy and Downstream Buyers
16. Marketing Strategy Analysis, Distributors/Traders
17. Market Effect Factors Analysis
18. Future Outlook of the Market

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https://www.contrivedatuminsights.com/product-report/smart-connected-street-lights-market-insights-2020-global-and-chinese-analysis-and-forecast-to-2027-7143

Why You Should Buy This Report:
1. The forecast for the established and growing markets for global Smart Connected Street Lights
2. Use Porter's Five Forces analysis to analyze various market perspectives.
3. The market segment that is anticipated to dominate the Smart Connected Street Lights industry worldwide.
4. Geographical areas that are anticipated to experience the quickest growth over the projection period.
5. Identify the most recent innovations, market shares for global Smart Connected Street Lights and marketing techniques used by the leading industry competitors.

Related Source: https://www.digitaljournal.com/pr/global-smart-connected-street-lights-market-is-expected-to-grow-at-a-cagr-of-23-4-during-forecast-period

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