Global Market Study on Smart Street Lighting: LED Anticipated to be the Most Lucrative Type During 2017 - 2026


Smart Street Lightning Market
  • Published On : Jan-2018 |
  • Pages : 168 Pages |
  • Format :

A thoroughly scrutinized research methodology helps in the accurate projection of market numbers

Our robust research methodology has helped us create another insightful and comprehensive report titled ‘Smart Street Lighting Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2026’. For this report, in order to infer the market size, historical data, primary responses and public domain data has been thoroughly analyzed. Revenue of companies in the smart street lighting market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the study period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated with the help of the triangulation method and is extensively scrutinized using advanced tools to garner quantitative and qualitative insights into the global smart street lighting market.

A detailed market taxonomy of the global smart street lighting market helps in clear understanding of this market

There is a detailed market taxonomy of this market that breaks down the global smart street lighting market into various segments and sub-segments that help the report audience to understand this vast and dynamic market in a comprehensive manner.

Region

Connectivity

Energy Source

Type

North America

Wired

Traditional & Other Renewable Energy

LED

Latin America

Wireless

Solar

CFL

Europe

Incandescent

Japan

Others

APEJ

MEA

A report structure that aids in the lucid understanding of the global smart street lighting market in a detailed fashion

In order to have an ease of understanding and for the better organization of the report, this report on global smart street lighting market is divided into four distinct parts. The first part of the report contains the introduction section that has the executive summary of the report. This part also contains the market taxonomy and the definition of the product along with the market viewpoint. The second part of the report contains global smart street lighting market size and forecast by connectivity, energy source and type. This part of the report contains important market numbers in the form of revenue comparison, market share comparison and year-on-year growth comparison. The third section of the report contains the regional assessment of the global smart street lighting market and the regions are chosen as per the market taxonomy provided.

The competition landscape section provides useful market intelligence required to succeed in this highly competitive market

The last part of the report contains the competition landscape of the global smart street lighting market and has information on the key players operating in this market. The competition landscape contains detailed information on the important companies operating in the global smart street lighting market such as company description, product overview, key developments, strategic overview and key financials of each of the featured companies along with the SWOT analysis of the company. This competition landscape is a valuable part of the report as it contains all the necessary information to study the leading companies operating in the global smart street lighting market in detail and also reveals how they implement their strategies and vision to stay at top in this highly competitive market.

Compelling reasons to invest in this report

  • Acquire the necessary competitive intelligence you may require for a successful stint in the global smart street lighting market 
  • Gather information on the leading market players and their key strategies that enable them to stay as leaders in this highly competitive market
  • Learn about the key industry trends, opportunities and restraints that have a bearing on the global smart street lighting market
  • Go to market armed with pertinent insights on the various types and regional markets of the global smart street lighting market
  • Get to know which segment is popular in which region so that you can make your investments accordingly

Various design features of smart street lighting systems make them efficient, reliable and environment friendly

The main design feature in the smart street lighting is the feature of energy efficiency. Complete smart street lighting systems consists usually of light emitting diode lamps, control units and sensors that are set up in each of the lamp poles or a designated cluster of lamp poles, means of communication and a central application system. Such type of apparatuses are connected by means of a consistent and protected wireless or wired network that can enable two way communication for control and monitoring operations. Smart street lighting systems are able to detect maintenance and lighting failure problems in real time and this enables faults to be corrected in a time bound manner and thereby ensure higher quality of services. This also eliminates the necessity of regular maintenance related checkups. In addition, smart street lighting systems are able to transmit information to a centralized management system that monitors the various parameters such as voltage, light, current, temperature, etc. Such kind of two-way communication enables continuous monitoring of the street lights. Another important advantage of smart street lighting systems is that they are environment friendly and reduce the emission of greenhouse gases.

Persistence Market Research has prepared a comprehensive report on the global smart street lighting market that covers each and every aspect of this market. The report also studies the market performance in detail across several regional markets. The report on the global smart street lighting market contains a historical analysis of the market for a time period of four years starting from the year 2012 and ending in the year 2026. Also, the market numbers in the global smart street lighting market have been projected for a time span of nine years starting from the year 2017 and ending in the year 2026. As per the data provided by Persistence Market Research, the global smart street lighting market is projected to display a robust CAGR. As per the report, the global smart street lighting market was estimated to be valued at nearly US$ 1,000 Mn in the year 2017 and is poised to be valued at nearly US$ 4,300 Mn by the end of the year 2026.

smart street lighting market

LED sub-segment in the type category of the global smart street lighting market is the largest by value and is poised to have the highest growth rate

The LED sub-segment in the type category of the global smart street lighting market is anticipated to exhibit a robust CAGR of 21.3% during the period of assessment. The LED sub-segment is the most lucrative by value in the type category and was estimated to be valued at nearly US$ 500 Mn at the end of the year 2017; this segment is poised to reach a value of nearly US$ 2,700 Mn by 2026.

CFL sub-segment is the second largest by value in the type category of the global smart street lighting market

The CFL sub-segment is the second largest in terms of revenue in the type category, and is expected to exhibit a CAGR of 12.3% during the period of assessment. The CFL sub-segment in the global smart street lighting market was estimated to be valued at nearly US$ 400 Mn in 2017 and is poised to reach a market valuation of nearly US$ 1,050 Mn by the end of the period of assessment in 2026.

Competition landscape

The report includes a distinct section devoted to study the level of competition in the global smart street lighting market. Some of the top companies that have been featured in this competition landscape section include Hubbell Lighting, Inc., GE Lighting, LLC, OSRAM Licht AG, Royal Philips NV, Acuity Brands Lighting, Inc., Eaton Corporation, Schneider Electric S.E, Honeywell International, Lutron Electronics and CREE, INC.

Company Profiles

  • Hubbell Lighting, Inc.
  • GE Lighting, LLC
  • OSRAM Licht AG
  • Royal Philips NV
  • Acuity Brands Lighting, Inc
  • Eaton Corporation
  • Schneider Electric S.E
  • Honeywell International
  • Lutron Electronics
  • CREE, INC
  • Others.
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