Press release
Connected (smart) Street Lights Market Report 2017 - 2025: Advancement in technology to boost the Market Demand
A report by Transparency Market Research forecasts the global connected (smart) street lights market to display an outstanding 16.0% CAGR in terms of revenue over the forecast period between 2017 and 2025. The market was evaluated at US$3,712.5 mn in 2016. Vis-à-vis volume, the global connected (smart) street lights market is likely to expand at a CAGR of 20.1% from 2017 to 2025.Europe presently holds the leading share in the global connected (smart) street lights market followed by North America. Asia Pacific is expected to display the leading CAGR of 18.6% on the basis of revenue between 2017 and 2025. The growth in this region is driven by the increasing demand for LEDs in a bid to reduce energy consumption and to reduce overall operational costs. China and India are expected to emerge as key domestic markets that will contribute substantially to the overall growth in Asia Pacific.
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Global Connected (Smart) Street Lights Market: Overview
This report on the global connected (smart) street lights market provides analysis for the period 2015–2025, wherein 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data for 2015 has been included to provide historical information. The report covers market dynamics including drivers, restraints, opportunities, and trends expected to influence the global connected (smart) street lights market growth during the said period. Technologies that are playing a major role in the driving the global connected (smart) street lights market have also been considered in the study. The study provides a comprehensive analysis of the market growth throughout the above forecast period in terms of revenue estimates (in US$ Mn), across different geographies.
The report also includes key industrial developments in connected (smart) street lights market. Porter Five Force analysis which identifies bargaining power of supplier, bargaining power of buyer, threat from new entrant, threat from substitute and threat from competition in connected (smart) street lights market is also included in the report. Ecosystem analysis which identifies key stake holders in the connected (smart) street lights market is also covered in the report.
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Segment trends and regional trends have also been added in connected (smart) street lights study. Additionally, the report also covers segment wise comparison matrix, market attractiveness analysis and market positioning of key players for all regions covered in the scope of study.
Comparison matrix includes segment growth matrix, 2017 - 2025(%), segment revenue contribution, 2017 - 2025 (%), and segment compounded growth matrix (CAGR %). Market attractiveness identifies and compares segments market attractiveness on the basis of CAGR and market share index across North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.
Global Connected (Smart) Street Lights Market: Market Segmentation
The connected (smart) street lights market has been segmented on the basis of connectivity, by component, and by region. Based on connectivity type, the market has been further classified into wired and wireless. By component, the connected (smart) street lights market is classified into hardware, software and services. Geographically, the report classifies the global connected (smart) street lights market into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America; the regions are analyzed in terms of revenue generation. Furthermore, region wise prominent countries covered in the report include the following - U.S, Canada, U.K., Germany, France, Japan, China, India, South Korea, GCC countries, South Africa and Brazil.
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Global Connected (Smart) Street Lights Market: Competitive Analysis
Furthermore, the report includes competition landscape which comprises of competition matrix, market share analysis of major players in the connected (smart) street lights market based on their 2016 revenues, and profiles of major players. Competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market position, offerings and R&D focus are attributed to company’s capabilities. Factors including top line growth, market share, segment growth, infrastructure facilities and future outlook are attributed to company’s potential to grow. This section also identifies and includes various recent developments carried out by the leading players of connected (smart) street lights market.
Company profiling includes company overview, major business strategies adopted, SWOT analysis, and market revenues for year 2014 to 2016. The global players profiled in the global connected (smart) street lights market include Acuity Brands Lighting, Inc., Citelum S.A., Dimonoff Inc, Echelon Corporation, EnGo PLANET, Flashnet SRL, General Electric Co., Led Roadway Lighting Ltd., Schreder Group, OSRAM Licht Group, Philips Lighting N.V., Silver Spring Networks Inc., Telensa Ltd. , Toshiba Lighting, Tvilight have also been added in the report.
The global connected (smart) street lights market is segmented as below:
Global Connected (smart) street lights Market, By Connectivity
Wired (Power Line Communication)
Wireless
Global Connected (smart) street lights Market, By Component
Hardware
Sensor
Controller/Relays
Others
Software
Services
Global Connected (smart) street lights Market, By Geography
North America
The U.S.
Canada
Rest of North America
Europe
Germany
France
UK
Rest of Europe
Asia Pacific (APAC)
China
Japan
India
South Korea
Rest of APAC
Middle East and Africa (MEA)
GCC
South Africa
Rest of MEA
South America
Brazil
Rest of South America
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