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#News(General) [ via IoTForIndiaGroup ]
Over the next decade, the vast majority of streetlights will be converted to LEDs, while 29% will be networked to become “smart,” leading to investment of $64.2 billion (€53.85 billion), according to the 4th edition of the Global LED and Smart Street Lighting: Market Forecast (2017-2027) study published today by Northeast Group, LLC.
“Smart street lighting represents the next wave of large-scale smart city and IoT deployments after smart metering and smart grid investment over the past decade,” said Ben Gardner, president of Northeast Group. “As new smart city applications emerge, the number of players involved has increased. New communications options are bringing many telecom operators into the smart city space. They are joining established smart grid and lighting vendors who have already deployed millions of smart streetlights.”
Northeast Group’s study includes cost-benefit analyses, 13 case studies, vendor profiles and 10-year forecasts for 125 individual countries. The research is intended for both cities looking to better understand smart street lighting benefits and vendors looking for market opportunities.
Hundreds of vendors are active in this market and a few clear leaders have emerged. According to the study’s market share data, current leaders are Telensa, Silver Spring Networks, Philips Lighting, and Echelon. Other leading smart streetlight vendors include Acuity, AT&T, Cimcon, Datek, DimOnOff, Flashnet, GE, Harvard Technology, Huawei, LED Roadway, Schréder, Sensus, Telematics, Trilliant and Verizon.
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