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

  • Report

  • 61 Pages
  • August 2018
  • Region: Global
  • Frost & Sullivan
  • ID: 4606343

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

The publisher 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 $1,954.4 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).

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.

The publisher 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, the publisher 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.

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

1. Executive Summary
  • CEO’s 360 Degree Perspective
  • 3 Big Predictions
  • Associated Research and Multimedia on Building Energy Management

2. Market Overview
  • Market Definition
  • Key Questions this Study will Answer

3. Drivers and Restraints
  • Market Drivers
  • Key Drivers Summary
  • Market Restraints
  • Key Restraints Summary
  • Regional Trends for Connected Street Lighting

4. Market Forecast and Analysis
  • Forecast Assumptions
  • Revenue Forecast and Unit Deployment
  • Pricing Trends
  • Pricing Discussion
  • Percent Revenue and Revenue Forecast by Region
  • Penetration Analysis

5. 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

6. 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

7. 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

8. Appendix
  • Abbreviations and Acronyms
  • List of Exhibits