smart street light system market

smart street light system market Report- Forecast 2023
Summary
Smart or connected street lights are revolutionizing the modern infrastructure.
Emerging economies such as India and Brazil lack the much-needed infrastructure for
providing mains (electric-grid based) electricity to cellular-connected street lights.
Furthermore, the installation cost of electric-grid based street light is often high, which
has persuaded the major economies
to promote, implement, and explore the
connected solar-powered street-lights. The adoption of solar powered street-lights is
emerging at a rapid pace due to their cost-efficiency and their ability to operate at lowpower.
With the advent of technology, the solar-powered LED lights also help to
monitor and control the flow of electricity connected through Mobile IoT and mobile
networks. The streetlights can be remotely monitored and controlled with the help of
connected networks. Countries such as India and China in the Asia Pacific region, along
with African countries are heavily investing in solar streetlights. European countries
such as U.K and Germany are also implementing the solar-powered lighting which is
economical considering their low-power dependency which makes them suitable even
for adverse climatic conditions.
Increasing demand for energy-efficient LEDlights, emergence of the Internet of things,
and constant innovation in mobile networks are some of the major factors driving the
growth of smart/connected streetlights market over the forecast period. On the
flipside, the data privacy and concerns related to tower radiations are presumed to
hinder the growth of the market over the next fewyears.
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