Global Connected (Smart) Street Light Market Growth Factors, Analysis, Latest Updates, Insights on Scope and Growing Demands 2029
Connected Street Light Market is expected to grow at a CAGR of 20.9% during the forecast period, to reach US$ 2880 Mn. by 2029.
Report Scope:
The report delves into various aspects of the Connected Street Light Market, including design, application, components, and geography. It covers two different designs based on software and hardware, with the hardware segment dominating the market owing to the higher costs of drone components and assembly. The market has been further categorized into several components, such as the frame, controller system, propulsion system, image system, navigation system, battery, and others.
The key components driving the agriculture drone market in Europe are the controller, propulsion, and navigation systems. The application areas for agriculture drones include field mapping, variable rate application (VRA), crop spraying, livestock monitoring, agriculture photography, and others. Notably, field mapping, livestock monitoring, and crop spraying have emerged as the major segments with significant market shares.
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Research Methodology:
The report is based on data from paid databases like Bloomberg, Hoovers, and Factiva. Insights from experts and stakeholders from leading market players have been incorporated to validate and gather critical information for evaluating market trends during the forecast period. The study employs top-down and bottom-up approaches to estimate the size of the Connected Street Light Market on a regional and country-wise basis. Data triangulation techniques and comparative analysis are also utilized to calculate the exact market size.
Regional Insights:
The report provides a comprehensive examination of the factors driving growth, constraints, future prospects, and competitive landscape across all regions. The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one..
Segmentation:
The report's goal is to give a thorough analysis of the market. It includes meaningful observations, information, projections, historical data, market data that has been verified by the industry, and a proper set of assumptions and methodology. The analysis of market segmentation and the projection of the worldwide connected (smart) street light market in the study also aid in understanding market dynamics and structure. Additionally, the research gives a clear picture of the competition analysis of the major competitors in the global connected (smart) street light market by their products, prices, financial standing, product portfolios, growth strategies, and regional presence. In order to answer the question of shareholders on how to organise efforts and investments in the near future to a certain market segment, the study also includes PEST analysis, PORTER's analysis, and SWOT analysis.
Key Players:
• OSRAM Licht Group
• Acuity Brands Lighting Inc.
• Schreder Group
• Twilight Citelum S.A.
• Echelon Corporation
• EnGo PLANET
• Telensa Ltd.
• Toshiba Lighting
• Philips Lighting N.V
• Dimonoff Inc.,
• Silver Springs Network Inc.
• Hubbell Lighting, Inc.
• GE Lighting, LLC
• Flashnet SRL
• Royal Philips NV
• Acuity Brands Lighting, Inc.
• Eaton Corporation
• Schneider Electric S.E
• Honeywell International
• General Electric Co
• Lutron Electronics
• CREE, INC.
• Cisco System Inc.
• Triliant Holdings Inc.
• AxiomTek
• Tech Mahindra Limited
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Key questions answered in the Connected Street Light Market are:
- What is Connected Street Light?
- What are the factors driving the Connected Street Light Market growth?
- What are the factors are limiting the Connected Street Light Market growth?
- What was the Connected Street Light market size in 2029?
- Which trends are expected to generate additional revenue for the Connected Street Light market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Connected Street Light Market?
- What growth strategies are the players considering to increase their foothold in the Connected Street Light Market?
- Who held the largest market share in the Connected Street Light Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2023 to 2029)
- Past Pricing and price curve by region (2023 to 2029)
- Market Size, Share, Size & Forecast by different segment | (2023 to 2029)
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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