Installed base of smart streetlights nears 20 million

smart lights research

The installed base of smart streetlights is forecast to reach 48.8 million by the end of 2025, growing at a compound annual growth rate (CAGR) of 24.8 per cent, according to a new research report. At the end of 2020 smart streetlights globally amounted to 16.2 million.

The report from IoT analyst firm Berg Insight found that Europe leads the adoption of smart street lighting technology and accounted for as much as 35 per cent of the global installed base in 2020.

Rest of world region

North America continues to lag behind Europe but is nevertheless growing robustly, accounting for around 24 per cent of global shipment volumes in 2020. China was at the same time home to more than half of the installed base of smart streetlights outside Europe and North America, while the rest of world region, excluding China, constitutes the fastest growing market.

At the end of 2020, the world’s leading smart streetlighting vendor was UK-based Telensa which with nearly 2.1 million connected streetlights accounted for 12.8 per cent of the global installed base, Berg reports. Included in the top three were also Signify and Sensus, of which the latter primarily serves the market through its SELC brand.

In total, the top three vendors accounted for nearly a third of the global installed base of individually controlled smart streetlights. Major smart streetlighting players also include Cimcon Lighting, Dimonoff, Acuity Brands, LED Roadway Lighting, Current and Ubicquia from North America; Lucy Zodion and SSE from the UK; Rongwen Energy Technology Group from China; Revetec from Italy; Schréder from Belgium; Flashnet from Romania; and ST Engineering Telematics Wireless from Israel/Singapore. US-based Itron furthermore constitutes a global leader in the networking and CMS segments.

“The smart street lighting market continued to experience healthy growth throughout 2020 despite the Covid-19 pandemic, though the market might see a slight hiccup in its growth tempo during 2021 following some temporary delays in the issuance of tenders for new projects in the midst of the crisis,” said Levi Ostling, smart cities analyst, Berg Insight.

Several new growth opportunities are at the same time emerging in the market, the report notes. Procurements for large-scale deployments in the South American market have for example in the past two years really started to pick up pace while activity is also growing in the potentially huge Indian market.

“We have now also reached the point in time where the first large-scale replacements of early smart streetlighting technology installations start to appear,” continued Ostling.

In June 2021, Telensa became the first vendor to announce a major replacement project and a growing number of similar projects are expected to follow in early adopter markets such as the UK in the next years.

Berg Insight is a dedicated M2M/IoT market research firm based in Sweden. It has been specialising in all major M2M/IoT verticals such as fleet management, car telematics, smart metering, smart homes, mHealth and industrial M2M since 2004.


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