Street Lighting Market Introduction and Overview Introduction and Overview
According to SPER Market Research, 'Smart Street Lighting Market Size- By Component, By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Connected Street Lighting Market is predicted to reach USD 16.76 Billion by 2033 with a CAGR of 19.46%.
"Smart" street lighting is defined as street lighting in public areas that responds to the movements of vehicles, bicycles, and pedestrians. Another name for it is adaptive street lighting, which turns on when motion is detected and off when none is. Real-time detection of maintenance problems and lighting outages by smart street lighting systems guarantees better service quality and timely error correction. This also eliminates the requirement for routine maintenance-related inspections.
The market for (smart) street lights has been significantly impacted by the COVID-19 pandemic. The global slowdown in the development of new projects has resulted in a decrease in the demand for analog semiconductors. Because workers have stayed at home, global supply chains have been disrupted, and factories are finding it difficult to implement new techniques globally.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Component, By Type, By Application
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered Acuity Brands Inc., CIMCON Lighting, Delta Electronics Inc, Echelon Corporation, GridComm, Guangdong Rongwen Energy Technology Group, InteliLIGHT (Flashnet SA), Itron Inc., Sensus (a Xylem Brand), Signify Holding, Telensa Limited, TVILIGHT Projects BV, Others
Smart Street Lighting Market Segmentation
By Component: Based on the Component, Global Smart Street Lighting Market is segmented as; Hardware, Software, Services.
By Type: Based on the Type, Global Smart Street Lighting Market is segmented as; Narrowband, Broadband.
By Application: Based on the Application, Global Smart Street Lighting Market is segmented as; Smart Parking, Street Light Management.
By Region: This report also provides the data for key regional segments of North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Global Smart Street Lighting Market
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Smart Street Lighting Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Smart Street Lighting Market
7. Global Smart Street Lighting Market, By Component (USD Million)
- 7.1. Global Smart Street Lighting Market Value Share and Forecast, By Component, 2023-2033
- 7.2. Hardware
- 7.3. Software
- 7.4. Services
8. Global Smart Street Lighting Market, By Type (USD Million)
- 8.1. Global Smart Street Lighting Market Value Share and Forecast, By Type, 2023-2033
- 8.2. Narrowband
- 8.3. Broadband
9. Global Smart Street Lighting Market, By Application (USD Million)
- 9.1. Global Smart Street Lighting Market Value Share and Forecast, By Application, 2023-2033
- 9.2. Smart Parking
- 9.3. Street Light Management
10. Global Smart Street Lighting Market Forecast, 2019-2033 (USD Million)
- 10.1. Global Smart Street Lighting Market Size and Market Share
11. Global Smart Street Lighting Market, By Component, 2019-2033 (USD Million)
- 11.1. Global Smart Street Lighting Market Size and Market Share By Component (2019-2026)
- 11.2. Global Smart Street Lighting Market Size and Market Share By Component (2027-2033)
12. Global Smart Street Lighting Market, By Type, 2019-2033 (USD Million)
- 12.1. Global Smart Street Lighting Market Size and Market Share By Type (2019-2026)
- 12.2. Global Smart Street Lighting Market Size and Market Share By Type (2027-2033)
13. Global Smart Street Lighting Market, By Application, 2019-2033 (USD Million)
- 13.1. Global Smart Street Lighting Market Size and Market Share By Application (2019-2026)
- 13.2. Global Smart Street Lighting Market Size and Market Share By Application (2027-2033)
14. Global Smart Street Lighting Market, By Region, 2019-2033 (USD Million)
- 14.1. Global Smart Street Lighting Market Size and Market Share By Region (2019-2026)
- 14.2. Global Smart Street Lighting Market Size and Market Share By Region (2027-2033)
- 14.3. Asia-Pacific
- 14.3.1. Australia
- 14.3.2. China
- 14.3.3. India
- 14.3.4. Japan
- 14.3.5. South Korea
- 14.3.6. Rest of Asia-Pacific
- 14.4. Europe
- 14.4.1. France
- 14.4.2. Germany
- 14.4.3. Italy
- 14.4.4. Spain
- 14.4.5. United Kingdom
- 14.4.6. Rest of Europe
- 14.5. Middle East and Africa
- 14.5.1. Kingdom of Saudi Arabia
- 14.5.2. United Arab Emirates
- 14.5.3. Rest of Middle East & Africa
- 14.6. North America
- 14.6.1. Canada
- 14.6.2. Mexico
- 14.6.3. United States
- 14.7. Latin America
- 14.7.1. Argentina
- 14.7.2. Brazil
- 14.7.3. Rest of Latin America
15. Company Profile
- 15.1. Acuity Brands Inc.
- 15.1.1. Company details
- 15.1.2. Financial outlook
- 15.1.3. Product summary
- 15.1.4. Recent developments
- 15.2. CIMCON Lighting
- 15.2.1. Company details
- 15.2.2. Financial outlook
- 15.2.3. Product summary
- 15.2.4. Recent developments
- 15.3. Delta Electronics Inc
- 15.3.1. Company details
- 15.3.2. Financial outlook
- 15.3.3. Product summary
- 15.3.4. Recent developments
- 15.4. Echelon Corporation
- 15.4.1. Company details
- 15.4.2. Financial outlook
- 15.4.3. Product summary
- 15.4.4. Recent developments
- 15.5. GridComm
- 15.5.1. Company details
- 15.5.2. Financial outlook
- 15.5.3. Product summary
- 15.5.4. Recent developments
- 15.6. Guangdong Rongwen Energy Technology Group
- 15.6.1. Company details
- 15.6.2. Financial outlook
- 15.6.3. Product summary
- 15.6.4. Recent developments
- 15.7. InteliLIGHT (Flashnet SA)
- 15.7.1. Company details
- 15.7.2. Financial outlook
- 15.7.3. Product summary
- 15.7.4. Recent developments
- 15.8. Itron Inc.
- 15.8.1. Company details
- 15.8.2. Financial outlook
- 15.8.3. Product summary
- 15.8.4. Recent developments
- 15.9. Sensus, a Xylem Brand
- 15.9.1. Company details
- 15.9.2. Financial outlook
- 15.9.3. Product summary
- 15.9.4. Recent developments
- 15.10. Signify Holding
- 15.10.1. Company details
- 15.10.2. Financial outlook
- 15.10.3. Product summary
- 15.10.4. Recent developments
- 15.11. Telensa Limited
- 15.11.1. Company details
- 15.11.2. Financial outlook
- 15.11.3. Product summary
- 15.11.4. Recent developments
- 15.12. TVILIGHT Projects BV
- 15.12.1. Company details
- 15.12.2. Financial outlook
- 15.12.3. Product summary
- 15.13. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope