Global Intelligence Street Lighting Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Intelligence Street Lighting Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Intelligent street lighting adopts the Internet of Things and cloud computing technology to upgrade the urban public lighting management system in an all-round way, so as to realize centralized control of street lighting, informatization of operation and maintenance and intelligent lighting.

Market Overview:

The latest research study on the global Intelligence Street Lighting market finds that the global Intelligence Street Lighting market reached a value of USD 2762.46 million in 2022. It’s expected that the market will achieve USD 12269.52 million by 2028, exhibiting a CAGR of 28.21% during the forecast period.

Intelligence Street Lighting can bring better security and new revenue opportunities

Intelligence Street Lighting bring enhanced capabilities and functionalities to cities. By using existing brackets and poles, cities and utility providers can cost-effectively add a wide variety of equipment and sensors. Intelligence Street Lighting can help monitor traffic flow, parking, pedestrian crossings, seismic activity, or atmospheric changes. Intelligence Street Lighting can be equipped with speakers to alert people to dangerous situations or conditions, or with cameras to help police solve crimes or to verify trash collection and other activities. With these capabilities, cities can improve operational efficiency, increase citizen satisfaction, and decrease costs. Furthermore, smart street lights can also open new revenue opportunities, such as leasing poles for digital signs and other services. The advantage of Intelligence Street Lighting has brought huge market demand.

Many areas cannot connect to the internet

A large number of challenges still exist in the availability, accessibility and affordability of ICT, including geographical barriers, poverty and lack of basic knowledge and skills in remote and small communities. According to GSMA data, about 53% of the world's population is not connected with the outside world, and 80% of them are located in the Asia-Pacific region and Africa. 69% of the African population has no access to the Internet, and many of them live in rural areas. ICT has not yet penetrated into remote areas of some countries, and many developing countries lack any type of Internet. This also includes the availability of telephone lines, especially cellular coverage, and other forms of electronic transmission of data. The development of Intelligence Street Lighting cannot be separated from the network support. However, the inability to connect to the Internet in some areas and the lack of infrastructure will bring certain challenges to the expansion of intelligence street lighting market.

Security and privacy are at risk

Intelligence Street Lighting need input control through the network, and data is transmitted through the cloud, which leads to the risk of leakage of use area security and privacy. Intelligence Street Lighting not only bring convenience to use area, but also bring the risk of data loss or privacy leakage. More and more cyber-attacks and data theft are hindering market growth. Privacy protection is also very important for intelligence street lighting.

Region Overview:

Geographically, Europe held the largest market share – 34.56% in 2021.

Company Overview:

Signify is one of the major players operating in the Intelligence Street Lighting market, holding a share of 16.17% in 2021.

Signify

Signify NV is a Dutch multinational lighting company, established in 2016 by the spin-off of the Philips lighting division. The company manufactures electric lights and lamps for consumers, professionals and the Internet of Things. In 2018, Philips Lighting changed its name to Signify, although the company still produces lights under the Philips.

Itron

Itron is an American technology company that offers products and services on energy and water resource management. Its headquarters is in Liberty Lake, Washington, United States. Its products and services include technology solutions related to smart grid, smart gas and smart water that measure and analyze electricity, gas and water consumption. Its products include electricity, gas, water and thermal energy measurement devices and control technology; communications systems; software; as well as managed and consulting services.

Segmentation Overview:

By type, Street Lights segment accounted for the largest share of market in 2021.

Street Lights

Intelligent street lighting refers to public street lighting that adapts to movement by pedestrians, cyclists and cars. Intelligent street lighting, also referred to as adaptive street lighting, dims when no activity is detected, but brightens when movement is detected.

Street Light Control System

Intelligence Street Light control system allows a city to schedule lights on or off easily and set dimming levels of lights so a city can provide the right level of lighting intelligently. Smart and intelligent street lighting control systems are designed primarily for energy efficiency. Cities using smart street lighting control system reduces their street lighting energy. Smart street lighting control systems accurately detect light failure and other maintenance problems in real time so malfunctions can be fixed quickly.

Video Monitoring System

Intelligence Street Lighting are integrated with video monitoring equipment, matched with video analysis system as required, and actively monitored and warned. Sharing transmission lines and power supply lines with other functional units. Provide video surveillance services at low cost and high efficiency. The system adopts Internet of Things, wireless communication, big data, street lamp section detection and other technologies to realize wireless intelligent supervision and control of street light in every corner of the city.

Application Overview:

The market's largest segment by application is the segment Urban Area, with a market share of 86.63% in 2021.

Key Companies in the global Intelligence Street Lighting market covered in Chapter 3:

Rongwen
SANSI Technology
Dimonoff
Xylem Inc.
Beijing Zhongzhide
Dialight
Eaton
Cree
TVilight
Leotek
Acuity Brands
Sichuan Huati Lighting Technology
Flashnet
Osram
GE Current
Cimcon
Echelon
Itron
Infineon/Eluminocity
Signify
gridComm
Hubbell Lighting
Telensa

In Chapter 4 and Chapter 14.2, on the basis of types, the Intelligence Street Lighting market from 2018 to 2029 is primarily split into:

Street Lights
Street Light Control System
Video Monitoring System
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Intelligence Street Lighting market from 2018 to 2029 covers:

Urban Area
Countryside

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)