Market Research Report
Market Data - Smart Street Lighting: Global Forecasts for Lighting Controls and Communications Hardware, Software Applications, and Services
|Published by||Navigant Research||Product code||917297|
|Published||Content info||24 Pages; 23 Tables, Charts & Figures
Delivery time: 1-2 business days
|Market Data - Smart Street Lighting: Global Forecasts for Lighting Controls and Communications Hardware, Software Applications, and Services|
|Published: November 27, 2019||Content info: 24 Pages; 23 Tables, Charts & Figures||
The strong business case and platform potential of smart street lighting has helped generate substantial commercial projects in a variety of cities around the world. Over the past 2 years, millions of control nodes have been deployed on street lights worldwide. For many municipalities, connecting their lighting systems with intelligent controls is the first smart city solution being deployed due to the immediate and significant energy and maintenance savings associated with the technology. Smart street lighting provides a strong platform for a multitude of city services.
There has also been a notable increase in activity in the smart street lighting market from electric utilities. Smart street lighting fits particularly well with utility priorities where they already have ownership over considerable street light assets, as is the case in many parts of North America. Using smart street lighting as a platform for other smart city applications is also becoming more widespread in a number of cities globally. According to Navigant Research, a Guidehouse company, the installed base of smart street lights is expected to reach roughly 90 million worldwide by 2028.
This Navigant Research report analyzes the current state and future trajectory of the smart street lighting market, with a focus on key market trends, drivers, and barriers. Global market forecasts of smart street lighting installations, as well as hardware, software, and services revenue, are broken out by segment and region. Forecasts extend from 2019 through 2028.