Energy efficient LED light bulbs are increasingly replacing incandescent bulbs and, while there are many technical and market challenges to resolve, new capabilities and functionalities that transcend far beyond the traditional light bulb are emerging. The future of lighting is changing and taking effect now.
The emergence of smart city programs is putting the smart street lighting at the forefront of municipality roadmaps. Smart lighting solutions will enable cities to cover streets with the correct amount of light, depending on the conditions for which it is needed. While these solutions provide municipalities with the right tools to improve citizens’ satisfaction in terms of security, safety, and wellbeing, they also enable councils to make considerable savings in terms of power consumption and lighting system maintenance. In addition, outdoor lighting infrastructure will increasingly serve as a backbone that will carry a number of IoE applications including monitoring changes in weather, pollution rates, and mapping traffic conditions and flow in specific areas of the city.
The report provides insights on the shipments of luminaires using traditional lighting technologies and the transition to LED luminaires along with regional penetration of connected street lights by connectivity technology. Large-scale smart street lighting projects in US(Florida Power & lighting, Georgia Power), China (Guangzhou) and EU (E-street projects in Europe) are some of the regional flagship projects that are driving regional adoption.
This comprehensive forecasting model takes into account the installed bases of street lighting, as well as a range of different public segments, in various regions around the world. The model looks at how the market is moving towards LEDs and their smart capabilities as well as the evolution of the technologies which are used.