Connected (Smart) Street Lights Market 2018-2025: Industry development trends and strategic plan for positive Growth discuss in research report

(EstateNewsWire.com, June 01, 2018 ) GLobal connected (smart) street lights market is expected to exhibit remarkable growth from 2018 to 2025. This growth is anticipated to occur at a steady CAGR of 17.2% in terms of revenue. In 2017, the market had a valuation of US$3857.2 mn. In terms of volume, the market is likely to display a robust CAGR of 21.7% during the forecast period. Both from the perspective of strong monetary gains as well as the strong competitive landscape, the market for connected (smart) street lights market is surely expected to grow tremendously in the future.

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The report also includes key industrial developments in connected (smart) street lights market. Porter Five Force analysis which identifies bargaining power of supplier, bargaining power of buyer, threat from new entrant, threat from substitute and threat from competition in connected (smart) street lights market is also included in the report. Ecosystem analysis which identifies key stake holders in the connected (smart) street lights market is also covered in the report.

Segment trends and regional trends have also been added in connected (smart) street lights study. Additionally, the report also covers segment wise comparison matrix, market attractiveness analysis and market positioning of key players for all regions covered in the scope of study.

Comparison matrix includes segment growth matrix, 2018 – 2025(%), segment revenue contribution, 2018 – 2025 (%), and segment compounded growth matrix (CAGR %). Market attractiveness identifies and compares segments market attractiveness on the basis of CAGR and market share index across North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.

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Wireless Connectivity Segment to Show Promising Growth in Future :

Based on geography, connectivity, component criteria, the global connected (smart) street lights market is divided into several segments. For example, from the perspective of connectivity, the connected (street) lights market is divided into wired and wireless segments. Of these, the wireless connectivity segment is anticipated to lead in the next few years. This is mainly due to the rising technological advancement that promise better quality of lighting using a wireless medium. Based on the component criteria, the major segments are hardware, services, and software, which are further divided into several other sub-segments.

Europe bags the top market share in the connected (smart) street lights market from a geographical perspective. As compared to Europe, North America holds the second spot for regarding market valuations. The main reasons for this market monopoly involves a growing interest by government agencies and other firms in these regions to actively take part in setting up appropriate connected street light arrangements. This is due to the ability of the firms to recognize the high importance of these lights as compared to the typical street light type.

Need for Efficient Lighting Solutions Ups Demand :

One of the most significant drivers of the connected (smart) street lights market includes rapid technological advancements that have taken place in recent times. These street lights have a higher capacity than regular street lights. The former also have several other advantages as compared to the latter. Setup issues, operational hindrances and high costs are some of the drawbacks of regular street lights that are leading to the adoption of connected (smart) street light solutions. The adoption of connected (smart) street light is particularly gaining traction in urban areas for efficient lighting solutions. Another factor responsible for contributing to the market includes betterment of urban communities in some countries. Governments as well as private organizations in these communities are making efforts to obtain the maximum efficiency of smart street light solutions.

In spite of all driving factors, there are a few restraints that may dampen the progress of the connected (smart) street lights market. A prime obstacle to the growth involves the lack of support infrastructure in developing and underdeveloped nations needed for connected (smart) street light solutions. This is challenging product vendors to foray into these markets. However, this scenario is soon expected to change with the emergence of universally applicable rules and regulations that may make it mandatory to adopt connect (smart) street light solutions for lighting needs.

Some of the key players operating in the global market for smart or connected street lights are General Electric, Telensa, Tech Mahindra, Osram, Wipro, Philips, Echelon Corporation, Tvilight, Verizon Enterprise, Sierra Wireless, and Sunview LED. In order to up sales, these companies are pitching their products to government and other associations.

Highlights of the report:

A detailed analysis of key segments of the market

Recent developments in the market’s competitive landscape

Detailed analysis of market segments up to second or third level of segmentation

Historical, current, and projected future valuation of the market in terms of revenue and/or volume

Key business strategies adopted by influential market vendors

Outline of the regulatory framework surrounding and governing numerous aspects of the market

Growth opportunities in emerging and established markets

Recommendations to market players to stay ahead of the competition

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TOC :

Global Connected (Smart) Street Lights Market Size, Status and Forecast 2025

1 Industry Overview of Connected (Smart) Street Lights

1.1 Connected (Smart) Street Lights Market Overview

1.1.1 Connected (Smart) Street Lights Product Scope

1.1.2 Market Status and Outlook

1.2 Global Connected (Smart) Street Lights Market Size and Analysis by Regions (2013-2018)

1.2.1 United States

1.2.2 EU

1.2.3 Japan

1.2.4 China

1.2.5 India

1.2.6 Southeast Asia

1.3 Connected (Smart) Street Lights Market by Type

1.3.1 Wired (Power Line Communication)

1.3.2 Wireless

1.4 Connected (Smart) Street Lights Market by End Users/Application

1.4.1 Municipal

1.4.2 Commercial

2 Global Connected (Smart) Street Lights Competition Analysis by Players

2.1 Connected (Smart) Street Lights Market Size (Value) by Players (2013-2018)

2.2 Competitive Status and Trend

2.2.1 Market Concentration Rate

2.2.2 Product/Service Differences

2.2.3 New Entrants

2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles

3.1 Citelum

3.1.1 Company Profile

3.1.2 Main Business/Business Overview

3.1.3 Products, Services and Solutions

3.1.4 Connected (Smart) Street Lights Revenue (Million USD) (2013-2018)

3.1.5 Recent Developments

3.2 Dimonoff

3.2.1 Company Profile

3.2.2 Main Business/Business Overview

3.2.3 Products, Services and Solutions

3.2.4 Connected (Smart) Street Lights Revenue (Million USD) (2013-2018)

3.2.5 Recent Developments

3.3 EnGo PLANET

3.3.1 Company Profile

3.3.2 Main Business/Business Overview

3.3.3 Products, Services and Solutions

3.3.4 Connected (Smart) Street Lights Revenue (Million USD) (2013-2018)

3.3.5 Recent Developments

3.4 Led Roadway Lighting

3.4.1 Company Profile

3.4.2 Main Business/Business Overview

3.4.3 Products, Services and Solutions

3.4.4 Connected (Smart) Street Lights Revenue (Million USD) (2013-2018)

3.4.5 Recent Developments

3.5 Schreder

3.5.1 Company Profile

3.5.2 Main Business/Business Overview

3.5.3 Products, Services and Solutions

3.5.4 Connected (Smart) Street Lights Revenue (Million USD) (2013-2018)

3.5.5 Recent Developments

3.6 Philips Lighting

3.6.1 Company Profile

3.6.2 Main Business/Business Overview

3.6.3 Products, Services and Solutions

3.6.4 Connected (Smart) Street Lights Revenue (Million USD) (2013-2018)

3.6.5 Recent Developments

3.7 Telensa

3.7.1 Company Profile

3.7.2 Main Business/Business Overview

3.7.3 Products, Services and Solutions

3.7.4 Connected (Smart) Street Lights Revenue (Million USD) (2013-2018)

3.7.5 Recent Developments

3.8 Tvilight

3.8.1 Company Profile

3.8.2 Main Business/Business Overview

3.8.3 Products, Services and Solutions

3.8.4 Connected (Smart) Street Lights Revenue (Million USD) (2013-2018)

3.8.5 Recent Developments

4 Global Connected (Smart) Street Lights Market Size by Type and Application (2013-2018)

4.1 Global Connected (Smart) Street Lights Market Size by Type (2013-2018)

4.2 Global Connected (Smart) Street Lights Market Size by Application (2013-2018)

4.3 Potential Application of Connected (Smart) Street Lights in Future

4.4 Top Consumer/End Users of Connected (Smart) Street Lights

5 United States Connected (Smart) Street Lights Development Status and Outlook

5.1 United States Connected (Smart) Street Lights Market Size (2013-2018)

5.2 United States Connected (Smart) Street Lights Market Size and Market Share by Players (2013-2018)

5.3 United States Connected (Smart) Street Lights Market Size by Application (2013-2018)

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