
Find out about the current state and future developments in the global LED and street lighting market. Image source: Shutterstock (#98048804) pictures promenade at ocean banks in Vancouver, Canada.
The report deals with questions such as the market share of leading smart streetlight vendors and how large will it become across 125 countries in the future. The report explores and examines the structure and dynamics of the current LED and Smart Street Lighting Market and the future development. Streetlighting is a driving force in IoT with investements of 57 billion USD for LED lights and 12,6 billion USD for smart connected streetlights by 2026. By that year, around 89 percent of streetlights will be transformed to LED lights. 42 percent will be smart ones.
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