New research says the smart street lighting market is expected to be worth nearly $4.3 billion by the end of 2026.
New Study Reveals Increased Adoption of Smart LED Street Lighting
Posted in General by Net Zero USA
Significant growth in transportation infrastructure, including roads and highways to provide better connectivity, is leading to the growing demand for better street lighting systems, according to a new research study published by Persistence Market Research.
In recent years, advancement in technology and development of smart cities has resulted in the wide adoption of connected street lighting. Smart LED street lighting has emerged as a sustainable and cost-effective option for cities with limited use of energy along with the data sharing capability on energy use.
Smart LED street lighting systems can be thought of as those that use sensors with data tracking capabilities, similar to the Internet of Things (IoT). They help save energy by turning off lights during daytime, and many of them also dim lighting levels when nearby people are absent.
According to the study, smart street lighting systems are being integrated with sensors and control units in lamps or lamp poles, enabling transmission of data to the central controlling system, thereby, offering two-way communication along with the real-time information. Data obtained through smart street lighting systems can help to detect energy consumption and replace lamps that have stopped working.
In addition, real-time data from smart street lighting systems also helps in monitoring various parameters such as temperature, current, light, voltage, etc., to rapidly respond to the outages and other system issues. The study also estimates renewable energy will gain popularity as the energy source for smart street lighting.
According to the study, authorities across developed nations such as North America and Europe are increasingly investing in smart LED lighting system as they make their cities smarter. The smart street lighting market is expected to bring in nearly $4.3 billion dollars of revenue by the end of 2026.
About NetZero USA®
NetZero USA® is a nationwide, end-to-end provider of commercial LED lighting solutions. We design, manufacture, install, finance, warranty and service our products. NetZero USA® is the lighting industry’s first – and only – vertically integrated energy reduction company. From product design and manufacturing, to installation and service, and everything in between, we exercise full control over our products and services.