Connected (Smart) Street Lights Market
Connected (Smart) Street Lights Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Connected (Smart) Street Lights Market Size and Growth
The Connected (Smart) Street Lights market is experiencing robust growth, driven by the increasing demand for energy-efficient lighting solutions and urban modernization efforts. The market is projected to reach approximately $14 billion by 2026. Advancements in IoT technology further enhance operational efficiency and integrate smart city initiatives.
Companies Covered
(Covid 19 Impact Covered)
◍ Adesto Technologies Corp.
◍ Cisco Systems Inc.
◍ Itron Inc.
◍ Signify NV
◍ Telensa Ltd.
◍ Philips Lighting
◍ Citelum
◍ Dimonoff
◍ EnGo PLANET
◍ Led Roadway Lighting
◍ Schreder
The Connected Street Lights Market features companies like Adesto Technologies, Cisco, and Itron, which enhance urban infrastructure through IoT connectivity. Philips Lighting and Signify innovate lighting solutions, while Telensa and Led Roadway Lighting focus on energy efficiency. Their collaborations and technologies drive market growth through improved sustainability and smart city initiatives. Sales figures include:
- Signify: €6.6 billion
- Itron: $2.2 billion
- Cisco: $51.6 billion (total revenue; segment specifics not detailed).
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Market Segmentation
By Application
Municipal
Commercial
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By Product
Wired (Power Line Communication)
Wireless
Market Growth
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$ X Billion USD
