The Connected Street Lighting Market is Valued USD 2.2 billion in 2024 and projected to reach USD 15.3 billion by 2032, growing at a CAGR of 24.3% During the Forecast period of 2024-2032.
The Connected Street Lighting Market is witnessing rapid growth, driven by the increasing adoption of smart city initiatives worldwide. Governments and municipalities are investing in intelligent lighting systems that integrate IoT sensors, wireless communication, and cloud-based controls to optimize energy consumption and enhance urban infrastructure. These connected lighting solutions enable remote monitoring, adaptive brightness control, and predictive maintenance, significantly reducing operational costs and carbon footprints. The demand for energy-efficient public lighting is further fueled by stringent environmental regulations and the rising focus on sustainable urban development, making connected street lighting a crucial component of future smart cities.
Technological advancements, such as the integration of AI-driven analytics and Li-Fi technology, are further propelling the market. AI-powered streetlights can analyze traffic patterns, weather conditions, and pedestrian movement to adjust illumination levels dynamically, improving safety and visibility while conserving energy. Additionally, Li-Fi-enabled smart streetlights provide high-speed internet connectivity, transforming urban lighting networks into digital infrastructure for seamless communication. Key industry players are forging partnerships with municipalities to deploy large-scale smart lighting projects, emphasizing the role of connected street lighting in shaping efficient, data-driven urban environments..
Get a sample of the report @ https://www.marketdigits.com/request/sample/235
Covid 19 impact analysis:
The latest report is the most recent study that offers 360° coverage of the Connected Street Lighting industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Connected Street Lighting market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
EnGo PLANET, Telensa Ltd., Toshiba Lighting, Philips Lighting N.V, OSRAM Licht Group, OSRAM Licht Group, Acuity Brands Lighting Inc., Schreder Group, Twilight Citelum S.A, Dimonoff Inc., among others.
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Connected Street Lighting market.
Get access to the full description of the report @ https://www.marketdigits.com/connected-street-lighting-market
It has segmented the global Connected Street Lighting market
By Component
- Hardware
- Sensors
- Controllers/Relays
- Others
- Software
- Services
By Application
- Traffic Monitoring
- Environmental Monitoring
- Video Surveillance
By Connectivity
- Wired
- Wireless
Key Objectives of the Global Connected Street Lighting Market Report:
- The report conducts a comparative assessment of the leading market players participating in the global Connected Street Lighting
- The report marks the notable developments that have recently taken place in the Connected Street Lighting industry
- It details on the strategic initiatives undertaken by the market competitors for business expansion.
- It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Connected Street Lighting market value chain.
- The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market
Explore More Related Report @
Material Informatics Market
https://www.marketdigits.com/material-informatics-market-1721031010
EV Composites Market
https://www.marketdigits.com/ev-composites-market-1725353190
About Us
Founded in 2015, MarketDigits Consulting & Advisory Pvt Ltd is a leading business research and consulting firm. Our mission is to empower clients by identifying emerging opportunities and driving revenue growth across industries. We specialize in providing comprehensive market insights, advanced technology solutions, and actionable strategies that support operational and strategic decision-making.
With a focus on the full value chain, our expert team delivers high-quality syndicate research reports, proprietary databases, and consulting services to help clients navigate today’s competitive and dynamic business environment. At MarketDigits, we use advanced analysis to uncover profitable opportunities, enabling businesses to make smart decisions and achieve sustainable success.
Contact Us:
+1 510-730-3200 | +1 276-206-2055
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs