Title: Connected Street Lights Market
1Connected Street Lights Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Connected streetlights Market size was valued at
1.3 billion in 2020 and it is estimated to grow
at a CAGR of 14.82 during 2021-2026. - The growth is mainly attributed to the high
penetration of internet of things (IoT), constant
innovation in mobile networks along with wireless
technology, increasing demand for efficient
advanced lighting solutions across industries and
awareness regarding energy conservation.
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- Key Takeaways
- Hardware held the highest market share in 2020
and is anticipated to witness significant amount
of growth, owing to increasing awareness
regarding environmental issues and growing
adoption of LED streetlights. - Public Government sector is analysed to witness
the fastest growth between 2021-2026. Rising
requirement for cost effective, energy efficient
lighting technology and smart city project
initiatives are the key factors behind the growth.
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By Distribution Channel- Segment
Analysis Connected streetlights market is
segmented into hardware, software and services,
based on component. Hardware segment is further
segmented into LED Lamps, Sodium Vapor Lamps,
Drivers and Ballast, Sensors, Switches,
Controllers and others. Among all the components,
hardware dominated the market with a share of
25.16 in 2020, due to the increasing
environmental concerns across the world and
increasing adoption of light emitting diode (LED)
lights for its several benefits.
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- Connected Street Lights Market Industry Outlook
- General Electric,
- Koninklijke Philips N.V,
- Telensa Holdings Ltd.,
- Echelon Corporation,
- Osram Licht AG,
- Signify Holding B.V.,
- Cisco Systems, Inc.,
- Trilliant holdings Inc.,
- AxiomTek Co., Ltd.,
- Cree Inc.
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Connected Street Lights Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Research/Connected-St
reet-Lights-Market-Research-509477
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
Inquiry Before Buying
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