Significant growth in transportation infrastructure, including roads and highways to provide better connectivity, is leading to the growing demand for better street lighting system, according to the latest study 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. Moreover, smart LED street lighting comprises of advanced features making it reliable, eco-friendly, and efficient to use.
The smart LED street lighting system uses sensors and Internet of Things (IoT), which helps in saving energy by turning off lights during daytime, while some of these also dim the light in absence of person nearby. This also helps to reduce the spending on street lighting along with energy-efficiency. Smart LED street lighting is witnessing increasing adoption globally as it reduces energy use, offers remote management, thereby, lowering the maintenance and operating expenses, and reduces carbon-dioxide emission leading to sustainability.
According to this 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. In this way, the data obtained through smart street lighting system can help to detect energy consumption and replace lamps that have stopped working. In addition, real-time data from smart street lighting system 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 an addition to the step toward smart cities.
Smart street lighting market is expected to bring in nearly $4,300 million by the end of 2026. Despite offering multiple benefits leading to the wide adoption of smart street lighting, challenges still prevail in the market such as cities with a tight spending budget, streetlight ownership models, poor connectivity, and data security are some of the barriers in adoption of smart street lighting systems.