Hottest global smart street lamp market share will

In 2026, the global market share of smart streetlights will increase to 20%

a new report by Navigant research shows that the global market value of smart streetlights will reach US $610 million in 2017 and increase to US $6.9 billion in 2026. The market share is expected to increase from 2% in 2017 to about 0% in 2026 if there is no transformation and upgrading.

"smart street lighting in smart cities" report concludes that led lighting has now become a standard substitute for traditional street lighting in most cities in the world, and intelligent control has begun to become more and more extensive and is gradually deployed with LED lighting

many cities around the world are likely to replace existing street lamps with new and more efficient lighting devices in the longer term, not only to meet energy efficiency standards, but also to be economically feasible. LED lighting is obviously the wisest choice, but the new Navigant report says that intelligent control currently accounts for only 2% of the installation base of street lights in 2017, and is not fully utilized

according to the report, this situation may change. The installation base of intelligent street lamps is expected to increase from 6.3 million at present to a staggering 73 million in 2026

"with LED becoming the upgrading technology of street lighting, the next frontier of intelligent street lighting network is to rapidly increase the deployment of control technology and transform it into an innovative platform for smart cities." Ryan citron, an analyst at Navigant research, said, "sensors and other technologies are being added to the mechanical performance test methods of intelligent street lighting networks, which are mainly divided into two categories to provide a large number of new urban services, including gunshot detection, air quality monitoring, electric vehicle charging, traffic management and intelligent parking."

obviously, there are many driving factors behind the current smart street lamp economy. LED lighting is widely accepted because of the significant cost reduction and the improvement of lighting quality. LEDs can now provide the necessary yellow light for street lights. A year ago, Cree introduced a new RSW LED street lamp lighting system, which is the first example of a new generation of lighting. It not only improves energy efficiency, but also provides the warm color temperature that street lamps need most

at that time, Norbert Hiller, executive vice president of Cree lighting, said: "Cree is committed to providing a better lighting experience by continuing to develop the true 1. The positive potential of poor dial pointer sensitivity of LED technology. Cree's RSW series ensures that residents no longer need to face dazzling street lights at night, saving energy in the city, and reducing residents' complaints about dazzling street lighting."

navigant predicts that by 2026, Europe will have the largest installed base of intelligent street lamps, followed by Asia Pacific and North America