What is Connected Street Lights Market Scope?
Connected street lights are widely used to enhance road safety for the public and save energy up to 50%. Deployment of connected street lights reduces maintenance costs as these are managed remotely and securely while eradicating the need for human power. Connected street lighting also helps in controlling the level of carbon dioxide emission in the environment.
The Connected Street Lights market study is being classified, by Application (Public Service, Industrial and Commercial) and major geographies with country level break-up.
The global Connected Street Lights market is fragmented with several companies competing for a part market share by offering a product at a competitive price. The Connected Street Lights market remains highly fragmented throughout the next five years. This Connected Street Lights market research report focuses on the competitive landscape and lists of different products offered by the leading companies. Analysts at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Connected Street Lights market throughout the predicted period.
Acuity Brands Lighting, Inc. (United States), Citelum S.A. (France), General Electric Co. (United States), Triliant Holdings Inc. (United Kingdom), Cisco System Inc. (United States), Telensa Ltd. (United Kingdom), Philips Lighting N.V. (Netherlands), Dimonoff Inc. (Canada), Tech Mahindra Limited (India), Echelon Corporation (United States), Flashnet SRL (Romania), Led Roadway Lighting Ltd. (Canada), Schreder Group (Belgium), Silver Spring Networks Inc. (United States), Toshiba Lighting (Thailand) and Tvilight (Netherland) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are OSRAM Licht Group, AxiomTek, LonMark International, Telematics and EnGo PLANET.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Connected Street Lights market by Type, Application and Region.
On the basis of geography, the market of Connected 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).
Influencing Market Trend
- Increasing Investments in Smart Cities
Market Drivers
- Rising Demand for Energy-Efficient System
- Growing Adoption of the Connected Street Lights in The Urban Areas Owing to The Increased Development of Smart Cities
Opportunities
- Development & Innovation in Product and Technology
- Growing Government Initiatives To Use Connected Street Lights
Restraints
- High Cost Associated With Connected Street Lights
Challenges
- Lack of Support Infrastructure in Some of The Underdeveloped and Developing Nations
Key Target Audience
Connected Street Lights Manufacturer, Suppliers and Distributors, Industry Associations, Government and Private Research Organizations, Government Regulatory Bodies and Others
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.