Street Light Controllers Market, By Type (For Analog Lighting Control System, and For Digital Lighting Control System), By Application (Industrial, Commercial, and Utility), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)– Market Trends, Analysis and Forecast till 2034

Report Code: PMI288219 | Publish Date: April 2024 | No. of Pages: 180

Global Street Light Controllers Market Overview

Street Light Controllers Market was valued at US$ 2.3 billion in 2024 and is projected to grow at a CAGR of 24.8% to reach US$ 17.3 billion by 2034.

Street light controllers are devices that automate the operation of street lights. They typically use a light sensor to detect ambient light levels and turn the lights on at dusk and off at dawn. This can help save energy and reduce costs, and it is also considered eco-friendly. Street light controllers offer several advantages over traditional on/off switches for street lights.

They help with energy savings and cost management by lowering consumption levels by adjusting light intensity according to the time of day. This also helps reduce light pollution in urban areas while extending lamp lifespan. Light Controllers also help enhance public safety by adjusting brightness according to pedestrian and road traffic.The Street Light Controller Market is witnessing a growing customer base. They have many advantages over traditional switches, which appeal to the more environmentally conscious buyer. Due to their ease of installation, they are a more convenient alternative solution to bettering community health and wellbeing.There are two main types of street light controllers. Simple controllers use a light sensor to turn the lights on and off. These are the least expensive type of controller. Smart controllers, on the other hand, can be connected to a network and allow for remote monitoring and control of the lights. This allows for features like dimming the lights at night, scheduling on/off times, and fault detection.

Smart street light controllers are becoming increasingly popular as cities look for ways to save energy and improve public safety.They can create a more responsive lighting system that can adjust to the community's needs.In partnership with the smart street infrastructure group Ubicquia, RealTerm Energy has finished 25 smart street lighting projects. There are five more cities where trials are being conducted. According to RealTerm Energy, this enables cities to reduce their energy use by about 67% yearly, the same as removing 568 automobiles from the road. Although LED streetlights are now found in more than half of American communities, less than 10% have dimming schedules and lighting controls. This highlights a growing shift towards the Street Light Controllers Market.

Introduction - Street Light Controllers Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Street Light Controllers Market Dynamics

Drivers of the Street Light Controllers Market:      

Increasing demand for energy-efficient solutions:

  • As energy costs continue to rise, governments and municipalities are looking for ways to reduce their energy consumption. Street light controllers market by providing lighting solutions that can help achieve this by automatically dimming or turning off lights when not in use.

Growth of smart city initiatives:

  • Smart cities are becoming increasingly popular worldwide, and street light controllers are a vital component of many smart city initiatives. These controllers can be used to collect data on energy usage, traffic patterns, and other factors, which can then be used to improve the efficiency and sustainability of cities.

Rising adoption of LED lighting:

  • LED lights are becoming increasingly popular for street lighting applications due to their energy efficiency, longer lifespan, and lower health impact. Street light controllers are essential for dimming and controlling LED lights effectively.

Government regulations:

  • In many countries, governments are implementing regulations that require the use of energy-efficient lighting. This is driving the demand for the street light controllers market, as it can provide the products needed to comply with these regulations.

Safety and security benefits:

  • The street light controller market is positively influencing the improvement of safety and security in cities. For example, they can be used to dim or turn off lights in areas where there is no activity, which can help deter crime. Some street light controllers can also be integrated with cameras and other security systems.

Restrains of the Street Light Controllers Market:

High Initial Investment Costs:

  • Street light controllers can be expensive to install, especially for large-scale deployments. This can be a significant deterrent for some municipalities and utilities, particularly in developing countries.

Cybersecurity Concerns:

  • As street light controllers become more sophisticated and interconnected, they become more vulnerable to cyberattacks. This is a major draw for municipalities and utilities, as a cyberattack could disrupt critical infrastructure.

Lack of Standardization:

  • There is a lack of standardization in the street light controllers market. This can make it difficult for municipalities and utilities to compare products from different vendors and decide which ones provide the most utility during long-term usage.

Poor Infrastructure in Developing Economies:

  •  Many developing economies need better infrastructure, which can make it difficult to install and maintain street light controllers. This is a significant challenge to the growth of the street light controllers market in these regions.

Key Opportunities in Street Light Controllers Market:

Growing trend of smart cities:

  • Smart cities are increasingly using technology to improve efficiency and sustainability. Street light controllers market has become a key provider of smart city lighting systems, which can be used to collect data on energy use, manage lighting levels, and improve public safety.

Advancements in technology:

  • Street light controllers are becoming increasingly sophisticated, with new features such as integration with solar power systems and wireless communication capabilities. These advancements are making street light controllers more attractive to potential buyers.

Focus on sustainability:

  • Cities are increasingly focused on sustainability, and the street light controllers market has the solutions to help drastically reduce energy consumption and greenhouse gas emissions. Light Pollution in urban settlements is a major health hazard for humans and local wildlife alike. Reducing exposure to lighting is proven to lower stress and is beneficial for overall health.

Global Street Light Controllers Market Segmentation

Street Light Controllers Market is segmented based on by Type, by Application and Region.

Type Insight

  • For Analog Lighting Control System- This segment is currently the dominant segment of the Street Light Controllers Market. Since this product type uses a simple on/off or dimming signal to control the lights, it is more popular. Analog systems are relatively inexpensive and easy to install but offer limited functionality.
  • For Digital Lighting Control System—This segment is expected to grow at a faster rate in the forecast period since it is rapidly gaining popularity. It allows for more complex control schemes, such as dimming lights based on real-time traffic conditions or pedestrian activity. It also offers features such as remote monitoring and diagnostics, which enhance user convenience.

Application Insights

  • Utility is currently the largest segment of the Street Light Controllers Market. Government initiatives for smart city development and aging street lighting infrastructure are creating significant opportunities for the market to grow in this segment.
  • Industrial- This segment is witnessing rapid growth due to growing focus on energy efficiency and safety regulations which are driving the demand for smart lighting solutions in industrial facilities.
  • Commercial- Rising electricity costs and increasing awareness of sustainability are prompting commercial property owners to invest in energy-saving lighting solutions, and this segment is expected to witness a substantial increase in shares.

Regional Insights:

Regional Insights - Street Light Controllers Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

 Street Light Controllers Market Regional Insights:

On region the Street Light Controllers Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • The European market currently holds the dominant share of the Street Light Controllers Market since most European cities are at the forefront of implementing smart public infrastructure, which includes connected street lighting systems. Moreover, lighting associations in many European countries actively promote smart lighting control technologies in both public and private sectors.
  • Asia Pacific regional market is expected to witness the fastest growth in the street light controllers market due to several factors, including maximal production and distribution of LED lighting systems. Moreover, many regional governments actively promote energy-saving policies, including subsidies for LED adoption and street light controller implementation to reduce the energy burden.
  • The North America market presents a significant market opportunity for street light controllers due to the growing smart city investments. Many North American cities are investing in smart infrastructure projects to create holistic living spaces for citizens.
  • Latin America has a rapidly developing Street Light Controllers Market due to factors like increased investment in smart city technology and the need to maximize the utilization of exhaustible resources.
  • Middle East & Africa: This region's Street Light Controllers Market is expected to witness significant growth in the coming years, driven by several factors, such as the rapid integration of smart city infrastructure into existing systems. Several countries in this region focus on developing smart cities with a net zero environmental impact, creating demand for smart street lighting solutions.

Report Scope:

Attribute

Details

Market Size 2024

US$ 2.3 billion

Projected Market Size 2034

US$ 17.3 billion

CAGR Growth Rate

24.8 %

Market Segmentation

By Type- For Analog Lighting Control System, and For Digital Lighting Control System

By Application-  Industrial, Commercial, and Utility

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Street Light Controllers Market report based on By Type, By Application and Region:

Street Light Controllers Market, By Product Type:

  • For Analog Lighting Control System
  • For Digital Lighting Control System

Street Light Controllers Market, By Application:

  • Industrial
  • Commercial
  • Utility

Street Light Controllers Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Street Light Controllers Market Key Players

The key players operating the Street Light Controllers Market include Osram, Lumenova, Nico, Etherbas, Itron Inc., LSI Industries Inc., Telensa Inc, Toshiba Lighting & Technology Corporation, TVILIGHT Projects B V, Ubicquia, Inc.

Global Street Light Controllers Market Key Issues Addressed

Recent Development:

  • In February 2023, Acuity Brands unveiled its brand-new Sensus street light system. The lighting components in this system are connected wirelessly, allowing for remote control and monitoring.
  • In 2022, Telensa Holdings Ltd., a U.K.-based expert in wireless monitoring and control systems for smart ties, introduced its new "hybrid" network architecture to complement its connected street light solutions.
  • In July 2021, Itron, Inc. declared that Grid Edge Al, an application developed by Grid4C, is a component of its growing distributed intelligence (DI) application ecosystem. In Itron's Raleigh Di Lab, Grid4C has successfully implemented its Grid Edige app.

Global Street Light Controllers Market Company Profile

  • Osram
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Lumenova
  • Nico
  • Etherbas
  • Itron Inc.
  • LSI Industries Inc.
  • Telensa Inc
  • Toshiba Lighting & Technology Corporation
  • TVILIGHT Projects B V
  • Ubicquia, Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Global Street Light Controllers Market Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • For Analog Lighting Control System
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • For Digital Lighting Control System
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Industrial
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Commercial
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Utility
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America

 

  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Osram
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Lumenova
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nico
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Etherbas
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The Street Light Controllers Market is segmented into Type, Application, and Region.

Factors include the demand for energy-efficient lighting solutions, growth in smart city initiatives, and advancements in IoT technology for intelligent street lighting, driving global growth in street light controllers

Challenges include high upfront costs, potential security and privacy concerns, and interoperability issues in diverse lighting infrastructure, posing restraints on the global market

By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the target market includes, Osram, Lumenova, Nico, and Etherbas.