Global Smart Street Lighting Wi-Sun Technology Market, By Component (Hardware, Sensors, Controllers/Relays, Software and Service), Connectivity (Wired and Wireless), Application (Smart Meter, Smart Street Lightings, Smart Buildings & Industrial Applications and Others), Networking Technology (Narrowband and Broad-Band), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights Global Smart Street Lighting Wi-Sun Technology Market
Smart street lighting Wi-Sun technology market is expected to grow at CAGR of 29.20% in the forecast period of 2021 to 2028. Data Bridge Market Research report on smart street lighting Wi-Sun technology market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Growing adoption of connected and smart technologies in smart cities, increasing need for optimizing the use of energy and surge in need for improved customer experience has been directly impacting the growth of smart street lighting Wi-Sun technology market.
Wireless Smart Ubiquitous Network (Wi-SUN) is an emerging technology based on IEEE 802.15.4g standard for applications, smart cities and IoT applications. It is largely supported by the Wi-SUN Alliance, an international industry federation that promotes Wi-SUN technology specifications. Wi-SUN technology networks support stars, mesh topologies, and hybrid star / mesh deployments embedded in mesh topology where each node transmits network data to provide network connectivity. Wi-SUN technology networks used on both high-powered and battery-powered devices. Normal street lighting is one of the main sources of electricity consumption due to the continuous operation of lighting during the night, so in order to reduce unnecessary electricity consumption, the existing standard system should be converted to a smart lighting system. These smart street lights contain IR sensor, PIR sensor, low-cost embedded controller and memory devices.
Increasing demand for energy-efficient LED lights, emergence of the Internet of things, and constant innovation in mobile networks is a driving factor for the smart street lighting Wi-Sun technology market. Growing trend of development of smart cities is also a driver for the smart street lighting Wi-Sun technology market. 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 is an opportunity for the smart street lighting Wi-Sun technology market.
Growing security concerns and lack of network connectivity is a challenge for the smart street lighting Wi-Sun technology market. However, the data privacy and concerns related to tower radiations is the main restraint for the growth of smart street lighting Wi-Sun technology market during the forecast period of 2021- 2028.
This smart street lighting Wi-Sun technology market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research smart street lighting Wi-Sun technology market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Smart Street Lighting Wi-Sun Technology Market Scope and Market Size
Smart street lighting Wi-Sun technology market is segmented on the basis of component, connectivity, application and networking technology. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on component, the smart street lighting Wi-Sun technology market has been segmented into hardware, sensors, controllers/relays, software and service.
- Smart street lighting Wi-Sun technology market on the basis of connectivity has been segmented as wired and wireless.
- Based on application, the smart street lighting Wi-Sun technology market has been segmented into smart meter, smart street lightings, smart buildings & industrial applications and others.
- Based on networking technology, the smart street lighting Wi-Sun technology market has been segmented into narrowband and broad-band.
Smart Street Lighting Wi-Sun Technology Market Country Level Analysis
Smart street lighting Wi-Sun technology market is analysed and market size, volume information is provided by country, component, connectivity, application and networking technology as referenced above.
The countries covered in the smart street lighting Wi-Sun technology market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe will dominate the smart street lighting Wi-Sun technology market due to increasing adoption of connected lights in electric vehicles, which in-turn is expected to increase the demand for street lighting market over the forecast period. While Asia-Pacific will be expected to witness the highest growth rate due to the demand of energy efficient solution and the growing construction industries in this region. Increased investment to boost wireless technology for providing smart parking and related solutions in the urban sectors is also a driver for the smart street lighting Wi-Sun technology market.
The country section of the smart street lighting Wi-Sun technology market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Smart Street Lighting Wi-Sun Technology Market Share Analysis
Smart street lighting Wi-Sun technology market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to smart street lighting Wi-Sun technology market.
The major players covered in the smart street lighting Wi-Sun technology market report are Fuji Electric Co., Ltd., OSAKA LIGHTING, Murata Manufacturing Co., Ltd., Analog Devices, Inc., ROHM CO, LTD., Trilliant Holdings Inc., Landis+Gyr, Itron, OMRON Corporation, Renesas Electronics Corporation., TOSHIBA CORPORATION., Cisco Systems, Inc., Wi-Sun Alliance, Dimonoff inc., CITELUM, Schréder, ACUITY BRANDS LIGHTING, INC., OSRAM Licht Group, Philips Lighting N.V, EnGo PLANET, Telensa Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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