Intelligent road lighting market will continue to grow steadily by 2020

Road lighting is undergoing major changes. The emergence of LED street lights and central monitoring network systems has made new meanings in intelligent management and energy saving of road lighting. Pike Research, a market research organization, said that by 2020, the smart road lighting market will continue to grow steadily, and the shipment of LED bulbs for street lamps will increase from 3 million in 2012 to 17 million in 2020; global shipments of smart road systems From less than 200 in 2012 to more than 1,100 in 2020; shipments of communication nodes will be 550,000 in 2012 and 4.8 million in 2020.

At present, almost all smart lighting projects are still in the pilot phase, with only a few large-scale installations. The cost of existing LED street lamps is roughly 4 times that of high-pressure sodium lamps, which is a key factor that affects market penetration. In the past 18 months, the cost of LED bulbs has dropped by 50% and will continue to decline over the next few years.

Many small companies have begun to provide road lighting intelligent systems hardware and software products, but this market is very challenging, some companies have closed down, some were acquired by large lighting companies, only a small number of companies continue to operate independently However, their sources of income are not stable and they are facing increasing pressure because larger companies are developing their own control products and lighting products.