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  • Global Connected Street Lighting and Smart Lamp Poles Market, Forecast to 2024
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Global Connected Street Lighting and Smart Lamp Poles Market, Forecast to 2024

Connected Street Lighting to Create a ‘Multi Service Platform’ for Smart City Applications

Frost & Sullivan
1125.0000 USD https://store.frost.com/global-connected-street-lighting-and-smart-lamp-poles-market-forecast-to-2024.html
RELEASE DATE
09-Aug-2018
REGION
Global
Research Code: 9AAF-00-51-00-00
SKU: EN01086-GL-MR_22172
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  • Description
  • Key issues Addressed
  • Table of Contents
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Description

Upgrading public street lights to LED lights alone is not enough to achieve desirable energy savings. Therefore networked, adaptive street lighting solutions have emerged as a leading smart city application. Although replacing existing street lights with LED lamps could cut down cities' electricity costs by 50%, networking these LEDs can deliver additional energy savings and bring down payback period to less than 6 years. The connected street lighting solution, which is enabled by IoT and cloud, provides an ideal platform for multiple smart city services including lighting control and energy optimization, traffic control and smart parking, environmental monitoring and analysis, public safety and security, EV charging, and digital signage and communication.

Frost & Sullivan has been continuously tracking the evolution of outdoor lighting – from conventional sodium-vapour lamps to networked LED lighting. We have explored the driving forces and challenges to implement connected street lighting infrastructure along with a number of applications that can be hosted through street lights, discussing use cases, benefits and potential business models. However, for the purpose of market sizing and assessment, Frost & Sullivan considers a lamp post to be ‘smart’ if it is equipped with LED lamps and intelligent controls along with other hardware units that cater to one or more use cases for smart city applications. This study does not cover non-LED lamp post as they are not suitable for implementation of connected street lights or smart lamp posts. The cost of connected street lighting infrastructure include the cost of lamp post, hardware units, software application for remote management, and associated services including hardware installation, deployment services, and software implementation cost.

Frost & Sullivan has estimated the global connected street lighting and smart lamp poles market to expand at a rate of 33.1% from 2017 to 2024. The market was evaluated at $1954.4 million in 2017. In terms of volume, the global connected street lighting and smart lamp poles market are expected to grow at a rate of 40.3% from 2017 to 2024.

In terms of geography, the global connected street lighting and smart lamp poles market is segmented in as: North America (US & Canada), Europe, APAC ( India, China, Japan, South Korea, Southeast Asia, Australia & New Zealand), Middle East and Africa, and rest of the world (Commonwealth of Independent States and Latin America).

Key Issues Addressed

  • Is the market growing? How long will it continue to grow, and at what rate?
  • What is the actual market for connected street lighting and smart lamp poles? What is the current and future penetration of connected street lighting?
  • Who are the stakeholders in connected street lighting and smart lamp poles?
  • What are the current use cases in connected street lighting and smart lamp poles? Which are the cities have implemented it?
  • What are the growth opportunities and critical success factors for participants to compete in this market?

Table of Contents

Executive Summary

CEO’s 360 Degree Perspective

3 Big Predictions

Associated Research and Multimedia on Building Energy Management

Market Overview

Market Definition

Market Definition (continued)

Market Definition (continued)

Key Questions this Study will Answer

Drivers and Restraints

Market Drivers

Key Drivers Summary

Key Drivers Summary (continued)

Market Restraints

Key Restraints Summary

Regional Trends for Connected Street Lighting

Market Forecast and Analysis

Forecast Assumptions

Revenue Forecast and Unit Deployment

Pricing Trends

Pricing Discussion

Percent Revenue and Revenue Forecast by Region

Penetration Analysis

Competitive Landscape

Connected Street Lighting and Smart Lamp Poles—Key Stakeholders

Key Collaborations

Key Companies Offering of Connected Street Lighting and Smart Lamp Poles Infrastructure

Key Companies Offering of Connected Street Lighting and Smart Lamp Poles Infrastructure (continued)

Global Use Cases, Surveys and Case Studies

Results of Smart Lamp Post Survey Conducted by EIP-SCC in Europe—138 Cities (Respondents)

Global Use Cases

Case Study 1—Glasgow City Council, The United Kingdom

Case Study 2—Oslo, Norway

Case Study 3—Exeter and Devon City Council, The United Kingdom

Case Study 4—Kansas City, The United States

Case Study 5—Copenhagen, Denmark

Case Study 6—New York, The United States

Case Study 7—Munich, Germany

Case Study 8—New York, USA

Growth Opportunities and Companies to Action

Growth Opportunity 1—LED Street Lights

Growth Opportunity 2—Networked LED Street Lights

Growth Opportunity 3—IoT-enabled Products

Growth Opportunity 4—Data Analytics and Cloud

Strategic Imperatives for Success and Growth

Legal Disclaimer

Appendix

Abbreviations and Acronyms

List of Exhibits

The Frost & Sullivan Story

The Frost & Sullivan Story

Value Proposition—Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

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