- This topic has 1 voice and 0 replies.
-
Posts
-
-
#News(General) [ via IoTForIndiaGroup ]
Annual revenue from smart street lighting will grow at CAGR 31% to reach US$1.7 billion in 2026.
Street lighting programs today, and over the next several years, will focus on replacing conventional lamps with LED lamps. However, only 20 percent of LED street lamps will be truly “smart” through integration with lighting controls systems.This imbalance will slowly correct itself and by 2026, central management systems will connect to over two-thirds of all new LED street light installations.
“Smart street lighting vendors such as Telensa, Telematics Wireless, DimOnOff, Itron, and Signify have been the most successful in benefiting from their cost-optimized products, market expertise, and aggressive commercial approach,” said Adarsh Krishnan Principal Analyst at ABI Research.
-
- You must be logged in to reply to this topic.
