About Connected Smart Street Lights
Connected smart street lights are automated intelligent street lights which incorporate technology like light sensors, seismic sensors, sound sensors for real-time functionalities. It is used in the applications like video surveillance, traffic monitoring, environmental monitoring, etc for improving the citizen's safety and security while improving power consumption and energy efficiency.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Signify Holding (Netherlands), General Electric Company (United States), Eaton Corporation (Ireland), Cisco (United States), Echelon Corporation (United States), Delta Electronics, Inc., (Taiwan), FLASHNET S.A. (Romania), Trilliant Holdings Inc (United Staes), Itron (United States), Acuity Brands Lighting Inc. (United States), Verizon (United States), Osram Licht AG (Germany), ZTE Corporation (China) and Schreder Group (Belgium) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Connected Smart Street Lights market by , Application (Video Surveillance, Environmental Monitoring, Traffic Monitoring, Weather and Pollution Monitoring and Others) and Region.
On the basis of geography, the market of Connected Smart Street Lights has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. System will boost the Connected Smart Street Lights market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Image Sensors will boost the Connected Smart Street Lights market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connectivity, the sub-segment i.e. Wired will boost the Connected Smart Street Lights market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The advent of IoT-enabled Connected Street Lighting to Improve Citizens Safety and Video Surveillance
Market Growth Drivers:
Demand for Smart Lighting Solutions for Energy Efficiency and Growing Need for Operators Visibility into Street Light Operations
Challenges:
Stiff Competition in the Connected Smart Street Lights Market
Restraints:
High-Cost Investment on the Production of Wireless Connected Smart Street Lights
Opportunities:
Growing Smart Cities Projects in Developing Nations will Boost the Connected Smart Street Lights and Introduction of Guidelines on Usage of Smart Street Lights Cost-efficient Solution
Market Leaders and their expansionary development strategies
On 1st July 2021, Dutch firm Signify, formerly Philips Lighting, has acquired UK smart street lighting company Telensa. With Telensa, Signify adds narrow-band and Talq-compliant technology to its open and secured systems. This will enable Signify to service a broader group of customers, by making smart city infrastructure affordable to cities using the unlicensed radio space. and On 18th June 2020, The New York Power Authority (NYPA) has partnered with Signify, the world leader in lighting, to support Smart Street Lighting NY. The project, launched in early 2018 by New York Governor Andrew Cuomo, aims to replace at least half of the more than one million streetlights in the State of New York with energy-efficient and sustainable alternatives.
On 8th October 2019, Telensa, the world leader in smart streetlight controls and smart city applications, and Eaton Lighting, one of the world’s leading providers of LED lighting solutions, announced that they will work together to deliver connected solutions for outdoor LED lighting and related smart city applications.
Key Target Audience
Connected Smart Street Lights Manufacturers, Connected Smart Street Lights Potential Investors, Connected Smart Street Lights International Traders, Connected Smart Street Lights Distributors and Suppliers, Research and Development Institutes, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.