Published March 8, 2018
Smart Street lighting provides improved visibility, energy saving solutions, and environment-friendly. Government and municipalities will shift their focus on smart street lighting to cut down the electricity and maintenance cost. Smart cities are connected through technologies that support data integration, which calls for LED lighting systems and large investments are made into smart street lighting, open data platforms, urban mobility, and smart parking.
South America Smart Street Lighting Market Size & Growth:
South America Smart Street Lighting Market size is projected to reach $X Million by the end of 2024 with a CAGR of XX% during the forecast period. Key Parameters promoting the market growth include increasing awareness of energy conservation, demand for efficient lighting solutions, increase in adoption of smart street lighting, government and private organizations in these communities are making efforts to obtain the maximum efficiency of smart street light solutions, smart street lights have a higher capacity than regular street lights. Due to the high efficiency and low power consumption virtues of LED the smart lighting market will have a positive growth during the forecast period.
Because of the development of smart cities across the world and government institutions in these countries to look for smart lighting solutions that help to reduce energy cost, boost overall efficiency, and reduce carbon emissions. Smart street light systems can significantly reduce energy consumption as it can be incorporated with various sensors such as natural light sensors occupancy sensors and motion sensors.
Major restraint for smart street lighting market is lack of support infrastructure in developing and underdeveloped nations needed for smart street light solutions. Government support for infrastructure development, advances in the lighting technology, and growing dominance of off-grid segment are the emerging factors for smart street lighting market.
Networked Smart Street Lights help cities further reduce costs with their dimming capabilities and reduced maintenance costs. As the costs for networked streetlights also decline, these smart streetlights will have a positive growth in cities and municipalities across the globe. 89% of streetlights will have transitioned to LED and 42% will be networked to make them smart by the end of 2024.
South America Smart Street Lighting Market Share:
South America Smart Street Lighting Market is classified by Connectivity, by Component, by Type, by Application, by geography. On the basis of Connectivity, the South America Smart Street Lighting Market is classified as wired and wireless. Among this, wired connectivity is expected to grow at a high rate during the forecast period due to the rising technological advancements that promise a better quality of lighting using a wireless medium. Wired and Wireless connectivity includes Wi-Fi, Bluetooth, radio frequency, and power line communication. Among this, Wi-Fi is accounted for the largest market share of 42.88% followed by Bluetooth with the share of 42.48%, Radio-Frequency (42.23%).
Based on the component, these are classified as hardware and software. Hardware includes a sensor, controller/relays. Based on Application, these are classified as traditional and other renewable energy and solar.
Based on the type, these are classified as incandescent lamps, High-Intensity discharge lamps, LED Lamps, Fluorescent Lamps, and Compact Fluorescent Lamps (CFL). Among this, the LED segment is witnessed to have the highest CAGR and this segment is the largest by value and is expected to have the highest growth rate during the forecast period. CFL segment is expected to be second largest in terms of revenue and it is witnessed to have a CAGR of 12.2%. South America is segmented into Brazil and Argentina. South America is expected to have the market during the forecast period 2018-2024.
South America Smart Street Lighting Market Trends:
South America Smart Street Lighting Market Research Reports:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and global is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organization to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
Along with these companies, there were many other companies considered/cited in the report while analyzing the South America Smart Street Lighting market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.4 SWOT Analysis
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1.1 Technological Advancements
4.1.2 Increasing adoption of LED Lighting Lamps
4.1.3 Growing Market for IoT Applications
4.1.4 Low Electricity Bill
4.1.5 Increased Safety and Agriculture
4.2.2 Lack of awareness
4.3.1 Smart Cities
4.3.2 Emerging Economics
4.4.1 Surveillance and privacy concerns
Chapter 5 South America Smart Street Lighting Market – By Connectivity
5.2 Wired (Power line communication)
5.3 Wireless (Bluetooth, Radio Frequency)
Chapter 6 South America Smart Street Lighting Market – By Component
Chapter 7 South America Smart Street Lighting Market – By Type
7.1 Incandescent Lamps
7.2 High-Intensity discharge lamps
7.3 LED Lamps
7.4 Fluorescent Lamps
7.5 Compact Fluorescent Lamps
Chapter 8 South America Smart Street Lighting Market – By Application
8.1 Traditional & Other Renewable energy
Chapter 9 South America Smart Street Lighting Market – By Geography
9.2 South America
Chapter 10 South America Smart Street Lighting Market – Company Profiles
10.1 GE Lighting LLC
10.2 Citelum S.A.
10.3 Eaton Corporation
10.4 Echelon Corporation
10.5 Schneider Electric S.E
10.6 Philips Lighting N.V.
10.7 Honeywell International
10.8 Schreder Group
10.9 Telensa Ltd
10.10 Toshiba Lighting Systems
10.11 Lutron Electronics
10.12. NTL Electronics India Ltd.
10.13 Silver Spring Networks Inc.
Chapter 11 South America Smart Street Lighting Market – Competitive Landscape
11.1. Market Share Analysis
11.2. Strategies Adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 12 Market Insights
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
Chapter 13 Appendix
13.1 List of Tables
13.2 List of Figures