Report Overview

Smart Street Lighting Market: Overview

Smart or connected street lights are revolutionizing modern infrastructure. The smart street lighting market is expected to grow with a promising growth rate during the forecast period 2019-2025. The connected street lighting solution, which is enabled by IoT and cloud, offers an ideal platform for manifold smart city services. These include lighting control and energy optimization, traffic control and smart parking, environmental monitoring and analysis, public safety and security, EV charging, and digital signage and communication. Modernization and development of infrastructure to transform cities into smart cities are leading to the adoption of the latest technology across sectors and enhancing the growth of the global smart street lighting market.

The increasing demand for intelligent solutions needs for energy-efficient lighting systems. Rising adoption & declining price of LEDs and growing awareness concerning energy savings among consumers and governments worldwide are the key factors for the expansion of the market. The adoption of solar-powered street-lights is emerging at a rapid pace owing to their cost-efficiency and their ability to operate at low-power. The conventional street light is one of the major sources of electricity consumption due to the continuous operation of lighting during the night time. Thus to reduce the unnecessary electricity consumption, the existing conventional system has to be adapted to an intelligent lighting system. The ongoing technological advancements in the smart street lighting like developments in the wireless and the internet of things (IoT) technologies is estimated to create several opportunities in the smart street lighting.

Smart Street Lighting Market: Offering Insights

The offering segment in the global smart street lighting market is categorized into Hardware {Lights & Luminaires, Lighting Controls}, Software, and Services. The hardware segment is projected to hold the largest share of the market because hardware components are the integral elements of the smart lighting system. Hardware offerings have been further segmented into lights and luminaires and lighting controls. The lights and luminaires segment includes smart bulbs and fixtures. Lighting controls comprise LED drivers and ballasts, sensors, switches and dimmers, relay units, and gateways. Lights and luminaries are the lighting components of the smart lighting systems. These components broadly include smart bulbs like fluorescent lights, LEDs, and high-intensity discharge lamps (HIDs).

Smart Street Lighting Market: Communication Technology Analysis

Based on the communication technology, the smart street lighting market is segmented into wired technology and wireless technology. The wireless technology segment is projected to dominate the overall market and estimated to lead the market over the forecast period 2019-2025. In wireless technology, the use of wires is eliminated, thereby eliminating the need for installation and protection of cables, which prominently reduces the cost of the wireless smart lighting systems. Introduction of new wireless technologies like Li-Fi is positively influencing the market. Though, growing adoption of light-emitting diodes (LEDs), rapidly rising trend of street lighting systems and lighting in commercial setups, and high penetration of connected street light technology in smart cities are projected to provide vital opportunities to the smart street light market soon.

Smart Street Lighting Market: Lighting Source Insights

On the basis of the lighting source, the smart street lighting market is categorized as LED, Fluorescent, Compact Fluorescent, and High-intensity discharge. Lighting emitting diodes (LEDs) is expected to hold the largest market share during the forecast period. Swapping existing lights with more energy-efficient lighting sources, like LEDs, is one of the ways to reduce massive energy consumption. LEDs provide longer lifetimes, lower energy consumption, and reduced maintenance price when put next with legacy streetlight technologies.

Smart Street Lighting Market: Regional Insights

Geographically, the smart street lighting market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe is the leading region of the smart street lighting market during the forecast period 2019-2025 due to increased investment in wireless technology for providing smart parking and related solutions in the urban sectors. Countries like U.K, Germany, Norway, and France are the leading countries in the market.  Government agencies in these regions have gauged the advantages of smart street lighting solutions for reducing energy consumption that has economic benefits. The Asia Pacific is the fastest growing region in the global smart street lighting market. Rising government expenditure on public infrastructure, increasing the adoption of energy-efficient lighting systems are the major driving factors for the growth of the smart lighting market in APAC.

Objective of the Study:

·         To analyze and forecast market size of the global smart street lighting market in terms of value.

·         To examine the careful market segmentation and forecast the market size, in terms value, on the basis of region by segmenting smart street lighting market into five regions, namely, North America, Europe, Asia Pacific, Middle East& Africa, Latin America and their leading countries.

·         To outline, categorized and forecast the global smart street lighting market on the basis of offering, communication technology, and lighting source.

·         To examine competitive developments like technological advancement, services, and regulative framework within the global smart street lighting market.

·         To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.

·         To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

Global Smart Street Lighting Market: Competitive Landscape

Companies such as Signify N.V., Huawei Technologies Co., Citelium S.A, Echelon Corporation, Koninklijke Philips N.V, Osram AG, Cisco System Inc., Triliant Holdings Inc., Hubbell Lighting, Telensa Ltd., Twilight Citelum S.A., Flashnet SRL, Led Roadway Lighting Ltd, and Silver Springs Network Inc. are the leading players of smart street lighting market across the globe.

Key Target Audience:

·         Market research and consulting firms

·         Industry associations

·         Research organizations and consulting companies

·         Organizations, associations and alliances related to smart street lighting market

·         Regulatory bodies

Scope of the Report

ü  Hardware

·         Lights & Luminaires

·         Lighting Controls

ü  Software

ü  Services

By Communication Technology

·         Wired technology

·         Wireless Technology

By Lighting Source

·         LED

·         Fluorescent

·         Compact Fluorescent

·         High intensity discharge

In addition, the report provides analysis of the smart street lighting market with respect to the following geographic segments and their high performing regions:

North America

·         U.S.

·         Canada

Europe

·         Germany

·         U.K.

·         Italy

·         France

·         Rest of Europe

Asia Pacific (APAC)

·         China

·         India

·         Japan

·         Australia

·         Rest of Asia Pacific

LATAM

·         Brazil

·         Argentina

·         Rest of Latin America

MEA

·         Saudi Arabia

·         UAE

·         Rest of MEA

 Business Questions answer by the report

·         How will the market drivers, restraints and opportunities affect the market dynamics?

·         What will be the market size in terms of value and volume and market statistics with detailed classification

·         Which segment dominates the market or region and one will be the fastest growing and why?

·         A comprehensive survey of the competitive landscape and the market participant players

·         Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With five additional company detail analysis.

·         Additional country analysis.

·         Detailed segment analysis.

1.       Research Framework

1.1.    Research Objective

1.2.    Product Overview

1.3.    Market Segmentation

2.       Research Methodology

2.1.    Qualitative Research

2.1.1. Primary & Secondary Sources

2.2.    Quantitative Research

2.2.1. Primary & Secondary Sources

2.3.    Breakdown of Primary Research Respondents, By Region

2.3.1. Secondary Research

2.3.2. Primary Research

2.4.    Breakdown of Primary Research Respondents, By Industry Participants

2.5.    Market Size Estimation

2.6.    Assumption for the Study

2.7.    Market Breakdown & Data Triangulation

3.       Executive Summary

4.       Industry Insights

4.1.    Industry Value Chain Analysis

4.1.1. Vendor Matrix

4.2.    Industry Impact and Forces

4.2.1. Growth Drivers

4.2.2. Challenges

4.2.3. Opportunities

4.3.    Technological Landscape

4.4.    Regulatory Framework

4.5.    Company market share analysis, 2018

4.6.    Growth Potential analysis, 2018

4.7.    Porter’s Five forces analysis

4.7.1. Bargaining Power of Suppliers

4.7.2. Bargaining Power of Buyers

4.7.3. Threat of New Entrants

4.7.4. Threat of Substitutes

4.7.5. Intensity of Rivalry

4.8.    PESTEL Analysis

4.9.    Strategic Outlook

5.        Global Smart Street Lighting Market Overview

5.1.    Market Size & Forecast

5.1.1. By Value

5.2.    Market Share & Forecast 2015-2025

5.2.1. By Offering

5.2.1.1.              Hardware

5.2.1.1.1.                     Lights & Luminaires

5.2.1.1.2.                      Lighting Controls

5.2.1.2.              Software

5.2.1.3.              Services

5.2.2. By Communication Technology

5.2.2.1.              Wired technology

5.2.2.2.              Wireless Technology

5.2.3. By Lighting Source

5.2.3.1.              LED

5.2.3.2.              Fluorescent

5.2.3.3.              Compact Fluorescent

5.2.3.4.              High intensity discharge

5.2.4. By Region

5.2.4.1.              North America

5.2.4.2.              Europe

5.2.4.3.              Asia Pacific

5.2.4.4.              LATAM

5.2.4.5.              MEA

6.       North America Smart Street Lighting Market

6.1.    Key Regional Trends

6.2.    Market estimates & forecast, 2015-2025 (USD Million)

6.2.1. By Offering

6.2.2. By Communication Technology

6.2.3. By Lighting Source

6.2.4. By Country

6.2.4.1.              U.S

6.2.4.2.              Canada

7.       Europe Smart Street Lighting Market

7.1.    Key Regional Trends

7.2.    Market estimates & forecast, 2015-2025 (USD Million)

7.2.1. By Offering

7.2.2. By Communication Technology

7.2.3. By Lighting Source

7.2.4.  By Country

7.2.4.1.              Germany

7.2.4.2.              U.K

7.2.4.3.              France

7.2.4.4.              Italy

8.       Asia Pacific Smart Street Lighting Market

8.1.    Key Regional Trends

8.2.    Market estimates & forecast, 2015-2025 (USD Million)

8.2.1. By Offering

8.2.2. By Communication Technology

8.2.3. By Lighting Source

8.2.4.  By Country

8.2.4.1.              China

8.2.4.2.              India

8.2.4.3.              Japan

8.2.4.4.              Australia

9.       Latin America Smart Street Lighting Market

9.1.    Key Regional Trends

9.2.    Market estimates & forecast, 2015-2025 (USD Million)

9.2.1. By Offering

9.2.2. By Communication Technology

9.2.3. By Lighting Source

9.2.4.  By Country

9.2.4.1.              Brazil

9.2.4.2.              Argentina

10.   Middle East & Africa Smart Street Lighting Market

10.1.Key Regional Trends

10.2.Market estimates & forecast, 2015-2025 (USD Million)

10.2.1.    By Offering

10.2.2.    By Communication Technology

10.2.3.    By Lighting Source

10.2.4.     By Country

10.2.4.1.           Saudi Arabia

10.2.4.2.           UAE

11.   Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, SWOT Analysis and Strategic Outlook)

11.1 Signify N.V.

11.2 Huawei Technologies Co.

11.3 Citelium S.A

11.4 Echelon Corporation

11.5 Koninklijke Philips N.V

11.6 Osram AG           

11.7 Cisco System Inc.

11.8 Triliant Holdings Inc.

11.9 Hubbell Lighting

11.10 Telensa Ltd.

11.11 Twilight Citelum S.A.

11.12 Flashnet SRL

11.13 Led Roadway Lighting Ltd

11.14 Silver Springs Network Inc.