Connected Street Lights Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

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Connected Street Lights MarketMarket 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.
• Hence, owing to the above mentioned factors the
  connected streetlights industry is gaining
  traction in the forecast period 2021-2026.

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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.
• North America held the major market share in 2020
  and is anticipated to witness significant growth
  during forecast period.

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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. Many countries
across the globe are investing heavily for the
installation of more reliable LED street lighting
system. For instance, till April 2019, Energy
Efficiency Services Ltd. (EESL) replaced over
89.15 lakh street lights with LEDs across 1,400
Indian cities.
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• Connected Street Lights Market 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 - Industry
Analysis, Market Size, Share, Trends, Application
Analysis, Growth And Forecast 2021 2026 Learn
More About the Report _at_ https//www.industryarc
.com/Research/Connected-Street-Lights-Market-Resea
rch-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
• Purchase Full Report _at_ https//www.industr
  yarc.com/purchasereport.php?id509477

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Reddy Contact (1) 970-236-3677 Email
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