DUBLIN--(BUSINESS WIRE)--Aug 21, 2018--The "Connected (Smart) Street Lights Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.

The report predicts the global connected (smart) street lights market to grow with a CAGR of 16.5% over the forecast period of 2018-2024.

The growing trend of development of smart cities drives the growth of connected street lights market. The connected street lights offers various benefits over the conventional street lights such as better energy saving, improved operational efficiency, low maintenance cost and reduce carbon emission are some of the reasons that are likely to boost the demand of connected street light market.

Smart lightning reduces energy costs up to 35% through intelligent ON/OFF switching and targeted progressive dimming. Also, initiatives taken by utility companies and government institutions to adopt to smart lightning technologies in order to save energy and reduce carbon emission is supporting market growth.

Moreover, the rising projects of smart cities across all over the globe is expected to fuel the smart street lightning market over the forecast period. The ongoing technological advancements in the smart street lighting such as developments in the wireless and the internet of things (IoT) technologies is projected to create the several opportunities in the smart street lightning.

Key Topics Covered

1. Preface

2. Executive Summary

3. Global Connected (smart) Street Lights Market Overview

4. Global Connected (smart) Street Lights Market Macro Indicator Analysis

5. Global Connected (smart) Street Lights Market by Connectivity

6. Global Connected (smart) Street Lights Market by Component

7. Global Connected (smart) Street Lights Market by Region 2018-2024

8. Company Profiles & Competitive Landscape

EnGo PLANET Telensa Ltd. Toshiba Lighting Philips Lighting N.V OSRAM Licht Group Acuity Brands Lighting Inc. Schreder Group Twilight Citelum S.A. Dimonoff Inc.

For more information about this report visit https://www.researchandmarkets.com/research/bhprx4/worldwide?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180821005386/en/

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Related Topics:Lighting Equipment



SOURCE: Research and Markets

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PUB: 08/21/2018 08:21 AM/DISC: 08/21/2018 08:21 AM