Global Smart Street Light Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Last Updated: December 5th, 2020

The global smart street light market size is expected to grow at a significant CAGR of over 19.2% during the forecast period 2020 to 2027. The growing awareness for energy conservation and efficient lighting technique are some major factors to drive the market. Furthermore, the rising demand for energy-efficient lights, the emergence of IoT, and continuous innovation in mobile networks are some other factors to propel the market over the forecast period. In addition, the rising trend of smart cities in developing economies is projected to boost the market. However, privacy and security issues in smart street lighting systems are projected to hinder the market growth in upcoming years.

Market Segment Insights:

The global smart street light market is segmented into components, connectivity, application, and region. On the basis of connectivity, the market is divided into wired and wireless segments. The wireless segment held the largest market share in 2019 and projected to grow at the same trend over the forecast period. The advent of new wireless technologies such as Li-Fi, increasing adoption of LEDs, and growing penetration of smart street lights are some factors to boost the segment growth over the forecast period. However, poor infrastructure in some developing countries is expected to hinder the market.

By application, the global smart street light market is fragmented into environmental monitoring, traffic monitoring, smart parking, street light management, video surveillance, and others. The street light management segment is estimated to register a significant market share in 2019 and projected to grow at a considerable CAGR over the forecast period. By region, Asia Pacific held the largest market share in 2019 and projected to grow at a higher CAGR of over 19% during the forecast period.

The smart street light comprehensive study offers in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market, and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global smart street light market size and forecast were obtained by using “Bottom-up” and “Top-down” approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions.

The smart street light market research report presents the analysis of each segment from 2018 to 2027 considering 2019 as the base year for the research. The compounded Annual Growth Rate (CAGR) for each respective segment is calculated for the forecast period from 2020 to 2027.

Historical & Forecast Period:

  • 2018 – Historical Year
  • 2019 – Base Year
  • 2020-2027 – Forecast Period

Global Smart Street Light Market Segmentation:

By Component:

  • Hardware
  • Software
  • Services

By Connectivity:

  • Wired
  • Wireless

By Application:

  • Environmental Monitoring
  • Traffic Monitoring
  • Smart Parking
  • Street Light Management
  • Video Surveillance
  • Public Messaging
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

Geographically, the smart street light Market report comprises dedicated sections centering on the regional market revenue and trends. The smart street light market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific and Rest of the World (RoW). The RoW segment consists Latin America and the Middle East & Africa. The smart street light market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance and others. Smart street light Market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2020 – 2027.

Smart Street Light Market Size, Share & Industry by Country

Report Coverage:

  • Research Methodology
  • Research Scope
  • Executive Market Summary: Industry Snapshot
  • Industry Outlook
  • Critical Success Factors (CSFs) for the Market
  • Market Dynamics
  • Key Opportunities
  • Market Porters Five Force Analysis
  • Market Value Chain/Ecosystem Analysis
  • Market Attractive Investment Proposition
  • Market PESTEL Analysis
  • Market Positioning of Key Vendors
  • Market Segmentation Outlook
  • Regional Outlook
  • Company Profiles of Key Vendors

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Market Competition Assessment:

Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy. Key players operating in the global smart street light market are EnGo PLANET, Telensa Ltd., Flashnet SRL, Toshiba Lighting, General Electric Co., and Echelon Corporation.

List of Key Companies:

  • EnGo PLANET
  • Telensa Ltd.
  • Flashnet SRL
  • Toshiba Lighting
  • General Electric Co.
  • Echelon Corporation
  • LED Roadway Lighting Ltd.
  • Silver Springs Network Inc.
  • Acuity Brands Lighting Inc.
  • Schreder Group
  • Twilight Citelum S.A.

Key Questions Answered by Smart Street Light Market Report:

  • Global smart street light market forecasts from 2020-2027
  • Regional smart street light market forecasts from 2020-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2020-2027 covering 15 major countries from the aforementioned regions
  • Smart street light submarket forecasts from 2020-2027 covering the market by component, by connectivity, by application, and geography
  • Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to smart street light market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level smart street light markets from 2020-2027
  • Competitive Landscape and market positioning of top 10 players operating in the smart street light market

Table of Content:


1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions
2. Executive Summary
2.1. Global Smart Street Light Market Portraiture
2.2. Global Smart Street Light Market, by Component, 2019 (USD Mn)
2.3. Global Smart Street Light Market, by Connectivity, 2019 (USD Mn)
2.4. Global Smart Street Light Market, by Application, 2019 (USD Mn)
2.5. Global Smart Street Light Market, by Geography, 2019 (USD Mn)
3. Global Smart Street Light Market Analysis
3.1. Smart Street Light Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTEL Analysis
4. Global Smart Street Light Market By Component, 2018 – 2027 (USD Mn)
4.1. Overview
4.2. Market Estimation by Hardware, 2018 – 2027(USD Mn)
4.3. Market Estimation by Software, 2018 – 2027(USD Mn)
4.4. Market Estimation by Services, 2018 – 2027(USD Mn)
5. Global Smart Street Light Market By Connectivity, 2018 – 2027 (USD Mn)
5.1. Overview
5.2. Market Estimation by Wired, 2018 – 2027(USD Mn)
5.3. Market Estimation by Wireless, 2018 – 2027(USD Mn)
6. Global Smart Street Light Market By Application, 2018 – 2027 (USD Mn)
6.1. Overview
6.2. Market Estimation by Environmental Monitoring, 2018 – 2027(USD Mn)
6.3. Market Estimation by Traffic Monitoring, 2018 – 2027(USD Mn)
6.4. Market Estimation by Smart Parking, 2018 – 2027(USD Mn)
6.5. Market Estimation by Street Light Management, 2018 – 2027(USD Mn)
6.6. Market Estimation by Video Surveillance, 2018 – 2027(USD Mn)
6.7. Market Estimation by Public Messaging, 2018 – 2027(USD Mn)
6.8. Others
7. Global Smart Street Light Market, By Geography, 2018 – 2027 (USD Mn)
7.1. Introduction
7.2. North America
7.2.1. Overview
7.2.2. North America Smart Street Light Market by Component (2018-2027 USD Mn)
7.2.3. North America Smart Street Light Market by Connectivity (2018-2027 USD Mn)
7.2.4. North America Smart Street Light Market by Application (2018-2027 USD Mn)
7.2.5. North America Smart Street Light Market by Country (2018-2027 USD Mn)
7.2.5.1. U.S.
7.2.5.2. Canada
7.2.5.3. Mexico
7.3. Europe
7.3.1. Overview
7.3.2. Europe Smart Street Light Market by Component (2018-2027 USD Mn)
7.3.3. Europe Smart Street Light Market by Connectivity (2018-2027 USD Mn)
7.3.4. Europe Smart Street Light Market by Application (2018-2027 USD Mn)
7.3.5. Europe Smart Street Light Market by Country (2018-2027 USD Mn)
7.3.5.1. Germany
7.3.5.2. U.K.
7.3.5.3. France
7.3.5.4. Italy
7.3.5.5. Russia
7.3.5.6. Rest of Europe
7.4. Asia Pacific
7.4.1. Overview
7.4.2. Asia Pacific Smart Street Light Market by Component (2018-2027 USD Mn)
7.4.3. Asia Pacific Smart Street Light Market by Connectivity (2018-2027 USD Mn)
7.4.4. Asia Pacific Smart Street Light Market by Application (2018-2027 USD Mn)
7.4.5. Asia Pacific Smart Street Light Market by Country (2018-2027 USD Mn)
7.4.5.1. China.
7.4.5.2. Japan
7.4.5.3. India
7.4.5.4. Australia
7.4.5.5. South Korea
7.4.5.6. Rest of Asia Pacific
7.5. Latin America (LATAM)
7.5.1. Overview
7.5.2. Latin America Smart Street Light Market by Component (2018-2027 USD Mn)
7.5.3. Latin America Smart Street Light Market by Connectivity (2018-2027 USD Mn)
7.5.4. Latin America Smart Street Light Market by Application (2018-2027 USD Mn)
7.5.5. Latin America Smart Street Light Market by Country (2018-2027 USD Mn)
7.5.5.1. Brazil
7.5.5.2. Peru
7.5.5.3. Chile
7.5.5.4. Rest of Latin America
7.6. Middle East and Africa
7.6.1. Overview
7.6.2. MEA Smart Street Light Market by Component (2018-2027 USD Mn)
7.6.3. MEA Smart Street Light Market by Connectivity (2018-2027 USD Mn)
7.6.4. MEA Smart Street Light Market by Application (2018-2027 USD Mn)
7.6.5. Middle East and Africa Smart Street Light Market, by Country (2018-2027 USD Mn)
7.6.5.1. South Africa
7.6.5.2. Israel
7.6.5.3. Saudi Arabia
7.6.5.4. Rest of South Africa
8. Company Profiles
8.1. EnGo PLANET
8.1.1. Business Description
8.1.2. Financial Health and Budget Allocation
8.1.3. Product Positions/Portfolio
8.1.4. News Coverage
8.2. Telensa Ltd.
8.2.1. Business Description
8.2.2. Financial Health and Budget Allocation
8.2.3. Product Positions/Portfolio
8.2.4. News Coverage
8.3. Flashnet SRL
8.3.1. Business Description
8.3.2. Financial Health and Budget Allocation
8.3.3. Product Positions/Portfolio
8.3.4. News Coverage
8.4. Toshiba Lighting
8.4.1. Business Description
8.4.2. Financial Health and Budget Allocation
8.4.3. Product Positions/Portfolio
8.4.4. News Coverage
8.5. General Electric Co.
8.5.1. Business Description
8.5.2. Financial Health and Budget Allocation
8.5.3. Product Positions/Portfolio
8.5.4. News Coverage
8.6. Echelon Corporation
8.6.1. Business Description
8.6.2. Financial Health and Budget Allocation
8.6.3. Product Positions/Portfolio
8.6.4. News Coverage
8.7. LED Roadway Lighting Ltd.
8.7.1. Business Description
8.7.2. Financial Health and Budget Allocation
8.7.3. Product Positions/Portfolio
8.7.4. News Coverage
8.8. Silver Springs Network Inc.
8.8.1. Business Description
8.8.2. Financial Health and Budget Allocation
8.8.3. Product Positions/Portfolio
8.8.4. News Coverage
8.9. Acuity Brands Lighting Inc.
8.9.1. Business Description
8.9.2. Financial Health and Budget Allocation
8.9.3. Product Positions/Portfolio
8.9.4. News Coverage
8.10. Schreder Group
8.10.1. Business Description
8.10.2. Financial Health and Budget Allocation
8.10.3. Product Positions/Portfolio
8.10.4. News Coverage
8.11. Twilight Citelum S.A.
8.11.1. Business Description
8.11.2. Financial Health and Budget Allocation
8.11.3. Product Positions/Portfolio
8.11.4. News Coverage

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List of Figures:


FIG. 1 Global Smart Street Light: Market Segmentation
FIG. 2 Global Smart Street Light Market: Research Methodology
FIG. 3 Top-Down and Bottom-up Approach
FIG. 4 Global Smart Street Light Market, by Component, 2019 (US$ Mn)
FIG. 5 Global Smart Street Light Market, by Connectivity, 2019 (US$ Mn)
FIG. 6 Global Smart Street Light Market, by Application, 2019 (US$ Mn)
FIG. 7 Global Smart Street Light Market, by Geography, 2019 (US$ Mn)
FIG. 8 Global Smart Street Light Market Value and Growth, 2018 – 2027, (US$ Mn) (Y-o-Y %)
FIG. 9 Attractive Investment Proposition, by Geography, 2017
FIG. 10 Market Positioning of Key Smart Street Light Providers, 2019
FIG. 11 Global Smart Street Light Market Value Share, by Component, 2018 & 2027 (%)
FIG. 12 Global Smart Street Light Market Value for Hardware, 2018 - 2027, (US$ Mn)
FIG. 13 Global Smart Street Light Market Value for Software 2018 - 2027, (US$ Mn)
FIG. 14 Global Smart Street Light Market Value for Services, 2018 - 2027, (US$ Mn)
FIG. 15 Global Smart Street Light Market Value Share, by Connectivity, 2018 & 2027 (Value %)
FIG. 16 Global Smart Street Light Market Value for Wired, 2018 - 2027, (US$ Mn)
FIG. 17 Global Smart Street Light Market Value for Wireless, 2018 - 2027, (US$ Mn)
FIG. 18 Global Smart Street Light Market Value Share, by Application, 2018 & 2027 (Value %)
FIG. 19 Global Smart Street Light Market Value for Environmental Monitoring, 2018 - 2027 (US$ Mn)
FIG. 20 Global Smart Street Light Market Value for Traffic Monitoring, 2018 - 2027 (US$ Mn)
FIG. 21 Global Smart Street Light Market Value for Smart Parking, 2018 - 2027 (US$ Mn)
FIG. 22 Global Smart Street Light Market Value for Street Light Management, 2018 - 2027 (US$ Mn)
FIG. 23 Global Smart Street Light Market Value for Video Surveillance, 2018 - 2027 (US$ Mn)
FIG. 24 Global Smart Street Light Market Value for Public Messaging, 2018 - 2027 (US$ Mn)
FIG. 25 Global Smart Street Light Market Value for Others, 2018 - 2027 (US$ Mn)
FIG. 26 North America Smart Street Light Market Value, 2018 - 2027, (US$ Mn)
FIG. 27 Europe Smart Street Light Market Value, 2018 - 2027, (US$ Mn)
FIG. 28 Asia Pacific Smart Street Light Market Value, 2018 - 2027, (US$ Mn)
FIG. 29 LATIN America Smart Street Light Market Value, 2018 - 2027, (US$ Mn)
FIG. 30 Middle East & Africa Smart Street Light Market Value, 2018 - 2027, (US$ Mn)

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List of Tables:


TABLE 1 Market Snapshot: Global Smart Street Light Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Challenges
TABLE 4 Global Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 5 Global Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 6 Global Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 7 North America Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 8 North America Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 9 North America Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 10 North America Smart Street Light Market Value, By Country, 2018 - 2027 (US$ Mn)
TABLE 11 U.S. Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 12 U.S. Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 13 U.S. Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 14 Canada Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 15 Canada Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 16 Canada Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 17 Mexico Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 18 Mexico Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 19 Mexico Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 20 Europe Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 21 Europe Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 22 Europe Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 23 Europe Smart Street Light Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 24 Germany Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 25 Germany Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 26 Germany Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 27 U.K. Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 28 U.K. Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 29 U.K. Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 30 France Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 31 France Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 32 France Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 33 Italy Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 34 Italy Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 35 Italy Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 36 Rest of Europe Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 37 Rest of Europe Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 38 Rest of Europe Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 39 Asia Pacific Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 40 Asia Pacific Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 41 Asia Pacific Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 42 Asia Pacific Smart Street Light Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 43 Japan Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 44 Japan Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 45 Japan Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 46 China Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 47 China Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 48 China Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 49 India Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 50 India Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 51 India Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 52 South Korea Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 53 South Korea Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 54 South Korea Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 55 Rest of Asia Pacific Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 56 Rest of Asia Pacific Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 57 Rest of Asia Pacific Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 58 Latin America Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 59 Latin America Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 60 Latin America Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 61 Latin America Smart Street Light Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 62 Middle East & Africa Smart Street Light Market Value, by Component, 2018 - 2027 (US$ Mn)
TABLE 63 Middle East & Africa Smart Street Light Market Value, by Connectivity, 2018 - 2027 (US$ Mn)
TABLE 64 Middle East & Africa Smart Street Light Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 65 Middle East & Africa Smart Street Light Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 66 EnGo PLANET: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 67 Telensa Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 68 Flashnet SRL: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 69 Toshiba Lighting: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 70 General Electric Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 71 Echelon Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 72 LED Roadway Lighting Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 73 Silver Springs Network Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 74 Acuity Brands Lighting Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 75 Schreder Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 76 Twilight Citelum S.A.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
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