Globally, there are about 281.4 million streetlights in the world and is expected that it will reach 338.9 million by 2025. The traditional high intensity discharge lamps (HID) consume a lot of energy and generate lots of heat.
hus, with the growing awareness and the need to reduce the carbon footprints globally, countries have started replacing the street lights with smart LED lights. The smart street lighting poles can be turned ON or OFF through the smart devices. Most of the smart poles are enabled with motion sensors which turn ON whenever there is movement near the pole.
According to analysts, the smart street lighting market will grow at an estimated CAGR of 40.3% during the forecast period 2016-2022. Europe is the biggest market for the smart street lighting followed by Americas. The countries which are leading in the smart street lighting market are Germany, UK, and US. The upcoming markets for the smart street lighting are India, China, and Poland due to the growing number of smart cities projects in these countries.
Key players covered in this report are GE Lighting, Philips Lighting, Acuity Brands, Osram and Honeywell Lighting. The research report provides a comprehensive review of Connectivity Technologies, Lighting lamps, Network Components, Upcoming and On-Going Smart street lighting projects and Regions.
Key Topics Covered:
1 Industry Outlook 1.1 Industry Overview 1.2 Industry Trends 1.3 Pest Analysis