The Worldwide Connected (Smart) Street Light Industry is Expected to Reach $104 Billion by 2027

2022-07-02 01:41:48 By : Mr. Liew Charles

DUBLIN , June 30, 2022 /PRNewswire/ -- The "Global Connected (Smart) Street Light Market (2022-2027) by Component, Energy Source, Type, Connectivity, Networking Technology, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to's offering.

The Global Connected (Smart) Street Light Market is estimated to be USD 60.14 Bn in 2022 and is projected to reach USD 104.15 Bn by 2027, growing at a CAGR of 11.61%. Market dynamics are forces that impact the prices and behaviors of the Global Connected (Smart) Street Light Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are AMS, Axiomtek, Cisco System, General Electric, Honeywell International, Huawei Technologies, Philips, Lutron Electronics, Osram Licht, Schreder, Signify, etc.  Countries Studied

America (Argentina , Brazil , Canada , Chile , Colombia , Mexico , Peru , United States , Rest of Americas)

Europe (Austria , Belgium , Denmark , Finland , France , Germany , Italy , Netherlands , Norway , Poland , Russia , Spain , Sweden , Switzerland , United Kingdom , Rest of Europe )

Middle-East and Africa (Egypt , Israel , Qatar , Saudi Arabia , South Africa , United Arab Emirates , Rest of MEA)

Asia-Pacific (Australia , Bangladesh , China , India , Indonesia , Japan , Malaysia , Philippines , Singapore , South Korea , Sri Lanka , Thailand , Taiwan , Rest of Asia-Pacific )

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Connected (Smart) Street Light Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The report analyses the Global Connected (Smart) Street Light Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

 Why buy this report?

The report offers a comprehensive evaluation of the Global Connected (Smart) Street Light Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.

The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.

The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.

The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Key Topics Covered: 1 Report Description 2 Research Methodology 3 Executive Summary 4 Market Dynamics 4.1 Drivers 4.1.1 Increasing Development of Smart Cities 4.1.2 Increasing Demand for Energy-Efficient Systems 4.1.3 Expanding investment in LED and Smart Street Lighting 4.1.4 Growing Demand for IoT-Enabled Lighting Fixtures and Smart Lighting Solutions 4.2 Restraints 4.2.1 High Initial Setup Cost 4.3 Opportunities 4.3.1 Technology Advancements in the Smart Street Lighting such as Developments in the Wireless Technologies 4.3.2 Initiatives Taken by Utility Companies and Government Institutions 4.4 Challenges 4.4.1 Security Concern 5 Market Analysis 5.1 Regulatory Scenario 5.2 Porter's Five Forces Analysis 5.3 Impact of COVID-19 5.4 Ansoff Matrix Analysis 6 Global Connected (Smart) Street Light Market, By Component 6.1 Introduction 6.2 Hardware 6.2.1 Light Source LED Lamps Sodium Vapor Lamps 6.2.2 Drivers and Ballast 6.2.3 Sensors 6.2.4 Switches 6.2.5 Controllers 6.3 Software 6.4 Services 7 Global Connected (Smart) Street Light Market, By Energy Source 7.1 Introduction 7.2 Solar 7.3 Traditional & Renewable Energy 8 Global Connected (Smart) Street Light Market, By Type 8.1 Introduction 8.2 CFL 8.3 Incandescent 8.4 LED 9 Global Connected (Smart) Street Light Market, By Connectivity 9.1 Introduction 9.2 Wired 9.3 Wireless 10 Global Connected (Smart) Street Light Market, By Networking Technology 10.1 Introduction 10.2 Narrowband 10.3 Medium Band 10.4 Broadband 11 Global Connected (Smart) Street Light Market, By Application 11.1 Introduction 11.2 Environmental Monitoring 11.3 Traffic Monitoring 11.4 Video Surveillance 12 Americas' Connected (Smart) Street Light Market 12.1 Introduction 12.2 Argentina 12.3 Brazil 12.4 Canada 12.5 Chile 12.6 Colombia 12.7 Mexico 12.8 Peru 12.9 United States 12.10 Rest of Americas 13 Europe's Connected (Smart) Street Light Market 13.1 Introduction 13.2 Austria 13.3 Belgium 13.4 Denmark 13.5 Finland 13.6 France 13.7 Germany 13.8 Italy 13.9 Netherlands 13.10 Norway 13.11 Poland 13.12 Russia 13.13 Spain 13.14 Sweden 13.15 Switzerland 13.16 United Kingdom 13.17 Rest of Europe 14 Middle East and Africa's Connected (Smart) Street Light Market 14.1 Introduction 14.2 Egypt 14.3 Israel 14.4 Qatar 14.5 Saudi Arabia 14.6 South Africa 14.7 United Arab Emirates 14.8 Rest of MEA 15 APAC's Connected (Smart) Street Light Market 15.1 Introduction 15.2 Australia 15.3 Bangladesh 15.4 China 15.5 India 15.6 Indonesia 15.7 Japan 15.8 Malaysia 15.9 Philippines 15.10 Singapore 15.11 South Korea 15.12 Sri Lanka 15.13 Thailand 15.14 Taiwan 15.15 Rest of Asia-Pacific 16 Competitive Landscape 16.1 Competitive Quadrant 16.2 Market Share Analysis 16.3 Strategic Initiatives 16.3.1 M &A and Investments 16.3.2 Partnerships and Collaborations 16.3.3 Product Developments and Improvements 17 Company Profiles 17.1 AMS 17.2 Axiomtek 17.3 Cisco System 17.4 Citelum 17.5 Delta Electronics 17.6 Eaton 17.7 General Electric 17.8 Honeywell International 17.9 Huawei Technologies 17.10 Hubbell 17.11 Itron 17.12 Philips 17.13 Lutron Electronics 17.14 Osram Licht 17.15 Schreder 17.16 Signify 17.17 Syska 17.18 Tech Mahindra 17.19 Telensa 17.20 Trilliant 17.21 Wipro Enterprise 18 Appendix For more information about this report visit

Research and Markets Laura Wood , Senior Manager

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