Smart/Connected Street Lights Market To Witness Exponential Growth By 2018 - 2026
According to a new market research report titled ‘ Connected (Smart) Street Light Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026 ’ published by Transparency Market Research, the global connected (smart) street light market is expected to reach US$ 1,502.8 Mn by 2026, expanding at a CAGR of 21.0% from 2018 to 2026. According to the report, the global market is expected to be influenced by a range of macroeconomic and market-specific factors. In terms of demand, Europe is projected to continue to lead the global market, with the market in the region expanding at a CAGR of 19.5% between 2018 and 2026. Growing adoption of smart lighting and control systems is anticipated to significantly drive the market during the forecast period. Energy-efficient solutions drive the connected (smart) street light market The global connected (smart) street light market is projected to expand at a significant growth rate during the forecast period, ...