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Connected (Smart) Street Light Market

Global Connected (Smart) Street Light Market Size, Forecast: By Connectivity: Wired, Wireless; By Component: Hardware, Software, Services; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Connected (Smart) Street Light Market Outlook

The global connected (smart) street light market is projected to grow at a CAGR of 27% during the forecast period 2024-2032.

 

Connected Street Light Market

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Smart road lights are capable of auto-dimming and brightening depending on weather modifications, vehicle passage, and pedestrian and animal passage. These lights are capable of measuring concentrations of air pollution, alerting to elevated air toxicity, monitoring traffic, and reducing crime rates through embedded cameras and sound detectors.

 

Market Segmentation

The connected (smart) street light industry can be segmented into connectivity, components, and regions.

 

Connected (Smart) Street Light Market By Segments

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Based on its connectivity, the market is bifurcated as:

  • Wired
  • Wireless

Based on component, the market can be divided into hardware, software, and services.

Hardware can be further divided into the light source, drivers and ballast, sensor, switches, and controllers. The light source can be subdivided into LED lamps, sodium vapour lamps, and others.

The EMR report looks into the regional markets of connected (smart) street light like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Market Analysis

The rising number of smart cities is one of the leading market trends affecting the development of the connected (smart) street light industry. The rise in smart cities worldwide has increased the demand for intelligent connected appliances, including intelligent road lamps. Developed on a scalable platform, the network of intelligent street lamps enhances road safety and decreases accident opportunities. Several market suppliers are partnering to construct smart cities with regional governments. Also, the increasing awareness of energy conservation and effective lighting methods are attracting the attention of players in the connected (smart) street light industry. Furthermore, the growth of sensors and wireless systems in smart lighting is expected to fuel the market growth.

 

Connected (Smart) Street Light Market By Region

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global connected (smart) street light market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • EnGoPlanet Energy Solutions LLC
  • General Electric Company (NYSE: GE)
  • Philips Lighting (Signify Holding)
  • LED Roadway Lighting Ltd.
  • LonMark International Inc.
  • Signify Holding B.V.
  • Cisco Systems, Inc. 
  • DimOnoff Inc.
  • Citelum S.A.
  • Echelon
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Connectivity
  • Component
  • Region
Breakup by Connectivity
  • Wired
  • Wireless
Breakup by Component
  • Hardware
  • Software
  • Services
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • EnGoPlanet Energy Solutions LLC
  • General Electric Company (NYSE: GE)
  • Philips Lighting (Signify Holding)
  • LED Roadway Lighting Ltd.
  • LonMark International Inc.
  • Signify Holding B.V.
  • Cisco Systems, Inc. 
  • DimOnoff Inc.
  • Citelum S.A.
  • Echelon
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Connected (Smart) Street Light Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Connected (Smart) Street Light Historical Market (2018-2023) 
    8.3    Global Connected (Smart) Street Light Market Forecast (2024-2032)
    8.4    Global Connected (Smart) Street Light Market by Connectivity
        8.4.1    Wired
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Wireless
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Connected (Smart) Street Light Market by Component
        8.5.1    Hardware
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
            8.5.1.3    Breakup by Type
                8.5.1.3.1    Light Source
                    8.5.1.3.1.1    LED Lamps
                    8.5.1.3.1.2    Sodium Vapour Lamps
                    8.5.1.3.1.3    Others
                8.5.1.3.2    Drivers and Ballast
                8.5.1.3.3    Sensors
                8.5.1.3.4    Switches
                8.5.1.3.5    Controllers
                8.5.1.3.6    Others
        8.5.2    Software
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Services
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)    
    8.6    Global Connected (Smart) Street Light Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Connected (Smart) Street Light Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Connected (Smart) Street Light Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Connected (Smart) Street Light Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.2    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Connected (Smart) Street Light Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Connected (Smart) Street Light Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    EnGoPlanet Energy Solutions LLC
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    General Electric Company (NYSE: GE)
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Philips Lighting (Signify Holding)
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    LED Roadway Lighting Ltd.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    LonMark International Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Signify Holding B.V.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Cisco Systems, Inc.
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    DimOnoff Inc.
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Citelum S.A.
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    Echelon
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Connected (Smart) Street Light Market: Key Industry Highlights, 2018 and 2032
2.    Global Connected (Smart) Street Light Historical Market: Breakup by Connectivity (USD Million), 2018-2023
3.    Global Connected (Smart) Street Light Market Forecast: Breakup by Connectivity (USD Million), 2024-2032
4.    Global Connected (Smart) Street Light Historical Market: Breakup by Component (USD Million), 2018-2023
5.    Global Connected (Smart) Street Light Market Forecast: Breakup by Component (USD Million), 2024-2032
6.    Global Connected (Smart) Street Light Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Connected (Smart) Street Light Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Connected (Smart) Street Light Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Connected (Smart) Street Light Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Connected (Smart) Street Light Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Connected (Smart) Street Light Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Connected (Smart) Street Light Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Connected (Smart) Street Light Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Connected (Smart) Street Light Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Connected (Smart) Street Light Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Connected (Smart) Street Light Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Connected (Smart) Street Light Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Connected (Smart) Street Light Market Structure

Key Questions Answered in the Report

The global connected (smart) street light market is expected to grow at a CAGR of about 27% in the forecast period of 2024-2032.

The major drivers of the market such as increasing population, increasing demand for intelligent connected appliances, including intelligent road lamps, growth of sensors and wireless systems in smart lighting, rise in the demand for greener strategies, introduction of new wireless technologies, and rapidly rising trend of street lighting systems and lighting in commercial setups are expected to aid the industry growth.

The rising number of smart cities and increasing awareness of energy conservation and effective lighting methods are the key trends trends affecting the development of the connected (smart) street light industry.

North America, Latin America, Middle East and Africa, Europe, and Asia Pacific are the major regions in the market.

The major connectivity segments in the market are wired and wireless.

The major types of components for the market are hardware, software, and services. Hardware can be further divided into the light source, drivers and ballast, sensor, switches, and controllers, among others. The light source can be subdivided into LED lamps, and sodium vapour lamps, among others.

The major players in the market are EnGoPlanet Energy Solutions LLC, General Electric Company (NYSE: GE), Philips Lighting (Signify Holding), LED Roadway Lighting Ltd., LonMark International Inc., Signify Holding B.V., Cisco Systems, Inc. , DimOnoff Inc., Citelum S.A., Echelon, Others.

Analyst Review

The global connected (smart) street light market has been driven by the increasing demand for intelligent connected appliances, including intelligent road lamps in the historical period. Aided by the rising number of smart cities and increasing awareness of energy conservation and effective lighting methods,  the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 27%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of connectivity, the market is divided into wired and wireless. Based on component, the market can be divided into hardware, software, and services. Hardware can be further divided into the light source, drivers and ballast, sensor, switches, and controllers, among others. The light source can be subdivided into LED lamps, and sodium vapour lamps, among others. The major regional markets for the product are North America, Latin America, Middle East and Africa, Europe, and Asia Pacific. The key players in the above industry include EnGoPlanet Energy Solutions LLC, General Electric Company (NYSE: GE), Philips Lighting (Signify Holding), LED Roadway Lighting Ltd., LonMark International Inc., Signify Holding B.V., Cisco Systems, Inc. , DimOnoff Inc., Citelum S.A., Echelon, Others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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