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Analysis of the Global Connected (Smart) Street Lights Market Forecast to 2024 Using A Base Year Of 2018
by Infinium · August 31 Nikola Jokic Kids Jersey , 2018

We have produced a new premium report Connected (Smart) Street Lights Market. The report covers the analysis of global as well as regional markets of Connected (Smart) Street Lights. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Connected (Smart) Street Lights Market by connectivity (wired and wireless) and component (hardware, software and services) through main geographies in the Global Connected (Smart) Street Lights Market such as North America, Europe, Asia-Pacific and RoW.

The report covers market changing aspects including drivers, restraints Gary Harris Kids Jersey , opportunities, and trends expected to encouragement the expansion of the Connected (Smart) Street Lights Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Connected (Smart) Street Lights Market are EnGo PLANET Paul Millsap Kids Jersey , Telensa Ltd., Toshiba Lighting, Philips Lighting N.V, OSRAM Licht Group, OSRAM Licht Group Wilson Chandler Youth Jersey , Acuity Brands Lighting Inc., Schreder Group, Twilight Citelum S.A. and Dimonoff Inc. According to report the global connected (smart) street lights market is projected to grow at a CAGR of 16.5% over the forecast period of 2018-2024.

For More Details Get Free Few Sample Pages of this Premium Report: – Connected or smart street light is the intelligent street lightning system that adjusts automatically based on the real time traffic conditions and change according to realistic condition. The conventional street light is one of the major source of electricity consumption owing to the continuous operation of lighting during the night time, thus in order to reduce the unnecessary electricity consumption, the existing conventional system has to be adapted to intelligent lighting system. This smart street lights consists of IR sensor Nikola Jokic Youth Jersey , PIR sensor, low cost embedded controller and memory devices.

The growing trend of development of smart cities drives the growth of connected street lights market. The smart street light to be used in smart cities will not help in improving lighting efficiency but also help to help cities monitor and respond to any circumstance, from traffic and air quality to crowds and noise. In addition, the connected street lights offers various benefits over the conventional street lights such as better energy saving, improved operational efficiency Gary Harris Youth Jersey , low maintenance cost and reduce carbon emission are some of the reasons that are likely to boost the demand of connected street light market. This smart lightning reduces energy costs up to 35% through intelligent ONOFF switching and targeted progressive dimming. Also, initiatives taken by utility companies and government institutions to adopt to smart lightning technologies in order to save energy and reduce carbon emission is supporting to grow the market.

The smart lighting moderates the Maintenance activity as the detail analysis of defects and the necessary materials are received with the real time network mapping. However, high initial setup cost associated with installation of the smart street lighting is hampering the growth of connected or smart light market. Moreover, the rising projects of smart cities across all over the globe is expected to fuel the smart street lightning market over the forecast period. The ongoing technological advancements in the smart street lighting such as developments in the wireless and the internet of things (IoT) technologies is projected to create the several opportunities in the smart street lightning.

Geographically, Europe holds the largest market share in the smart street lighting followed by North America. The various companies and the government agencies in the U.K are focusing on the smart street lighting solutions due to the estimated advantages of smart street lightning which in turn reduces the energy consumption and it is also beneficial for the economy in this region. Asia Pacific is the fastest growing region in the smart lightning market owing to the demand of energy efficient solution and the growing construction industries in this region.

Segment Covered

The report on global connected (smart) street lights market covers segments such as Paul Millsap Youth Jersey , connectivity and component. On the basis of connectivity the global connected (smart) street lights market is categorized into wired and wireless. On the basis of component the global connected (smart) street lights market is categorized into hardware, software and services.

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan Wilson Chandler Womens Jersey , India, South Korea, Malaysia, and among others. Moreover, Germany Nikola Jokic Womens Jersey , U.K., France, Spain, and Rest of Europe are included in the European region.

The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024.


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