Connected Street Light Market with Covid-19 Impact Analysis, Share, Size, Leading Players, Industry Growth and Forecast

Connected Street Light Market is expected to grow at a CAGR of 20.9% during the forecast period, to reach US$ 2880 Mn. by 2029.

Market Overview:

The competitive landscape of the Connected Street Light market is filled with valuable insights about key competitors in the industry. These insights encompass various aspects such as company profiles, financial performance, revenue generation, market potential, RD investments, expansion into new markets, geographical reach, strengths and weaknesses, product portfolio, and dominance in specific applications. These data points are crucial for businesses focused on the Connected Street Light market.

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Market Scope:

Our Connected Street Light market research delves into recent developments, trade restrictions, import-export analysis, production trends, optimizing the value chain, market share analysis, the impact of local and domestic players, and other relevant topics.

Dynamics:

The global market for connected (smart) street lights is anticipated to increase as result of how smart street lights may make cities safer and more habitable while also easing traffic. When compared to standard LED luminaires, smart street lights are more cost-effective at managing electricity, which is projected to drive up demand for them. Additionally, the smart street lights create new revenue streams like leasing poles for digital signs and other services in the global linked (smart) street light market.

Segmentation:

by Component

• Hardware
o Light Source
o Drivers Ballast
o Sensors
o Switches
o Controllers
o Others


• Software
o Services


by Networking Technology

• Narrowband
• Medium band
• Broadband

by Application

• Traffic Monitoring
• Environmental Monitoring
• Video Surveillance
• Other

Key Players:

The leading players in this industry include

• OSRAM Licht Group
• Acuity Brands Lighting Inc.
• Schreder Group
• Twilight Citelum S.A.
• Echelon Corporation
• EnGo PLANET
• Telensa Ltd.
• Toshiba Lighting
• Philips Lighting N.V
• Dimonoff Inc.,
• Silver Springs Network Inc.
• Hubbell Lighting, Inc.
• GE Lighting, LLC
• Flashnet SRL
• Royal Philips NV
• Acuity Brands Lighting, Inc.
• Eaton Corporation
• Schneider Electric S.E
• Honeywell International
• General Electric Co
• Lutron Electronics
• CREE, INC.
• Cisco System Inc.
• Triliant Holdings Inc.
• AxiomTek
• Tech Mahindra Limited

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Regional Analysis:

The geographical analysis in our research incorporates key market influencers and changes in market regulations that impact current and future market trends. Our data points include value chain analysis, technology trends, Porter's Five Forces analysis, PESTLE analysis, and case studies to predict market scenarios in different countries.

COVID-19 Impact Analysis on Connected Street Light Market:

We also analyze the impact of the COVID-19 pandemic on the Connected Street Light market.

Key Questions Answered in the Connected Street Light Market Report:

Our comprehensive report addresses essential questions regarding the Connected Street Light market:

• Which segment dominated the Connected Street Light market in 2020?

• How does the competitive landscape of the Connected Street Light market look?

• What are the key factors driving the growth of the Connected Street Light market from 2021 to 2027?

• Which region held the largest market share in 2020?

• What is the projected CAGR for the Connected Street Light market during the forecast period (2021-2027)?

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