01 November 2019
Connected Street Lights Market Report 2020-2030: Forecasts by Component (Hardware, Services), By Application (Traffic Monitoring, Environmental Monitoring, Video Surveillance, Others), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) and profiling of leading international and domestic companies.
Connected or smart street light is the smart street lighting system that automatically adjusts and changes according to realistic conditions based on real-time traffic conditions. Thanks to the continuous operation of illumination during the night time, traditional street light is one of the major sources of electricity consumption, so in order to reduce excessive electricity consumption, the new modern network has to be converted to smart lighting. This smart street light consists of IR sensor, PIR sensor, low-cost integrated controller and modules for storage.
The growing trend in smart cities design fuels the growth of the demand for wired street lights. The intelligent street light used in smart cities will not only improve the efficiency of lighting, but will also help cities track and adapt to any conditions, from traffic and air quality to crowds and noise. Furthermore, the connected street lights offer various advantages over traditional street lights such as increased energy savings, better operation performance, low maintenance costs and decreased carbon emissions are some of the factors that are likely to boost demand from the connected street light industry.
By intelligent ON / OFF switching and targeted progressive dimming, this smart lightning reduces energy costs up to 35 percent. In addition, initiatives taken by utilities and government institutions to adopt smart lightning technologies to save energy and reduce carbon emissions are helping the market to grow.
The smart lighting controls the repair operation as with the real-time network monitoring, the detailed analysis of the faults and the required materials are provided. High initial set-up costs associated with smart street lighting deployment, however, hamper the development of the wired or intelligent light industry. It is also predicted that rising smart city initiatives across the globe would fuel the smart street lighting industry over the forecast period. The recent technological advances in smart street lighting, such as mobile innovations and the Internet of Things (IoT) technology, were expected to generate the multiple possibilities in smart street lightning.
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