The research also indicates that by 2026, 89 per cent of streetlights will have transitioned to LED and 42 per cent will be networked to make them smart
Connected street lighting and smart city applications provider Telensa has been named as the global market leader in a study of the smart streetlighting market by Northeast Group.
The research, which analyses today’s market and forecasts ahead to 2026, details how the streetlighting market is set to be a driving force in the Internet of Things (IoT). It predicts investments of $57bn for LED streetlights and $12.6bn for smart connected streetlights by 2026. It also says that, by then, 89 per cent of streetlights will have transitioned to LED and 42 per cent will be networked to make them smart. The research named Telensa as the global leader ahead of Silver Spring, GE, Philips and Echelon and the leader in the EMEA region.
"LED and smart streetlights are a common sense investment for cities. Costs have fallen significantly and the energy and maintenance savings benefits are proven,” said Ben Gardner, president of Northeast Group. “Networked smart streetlights help cities further reduce costs with their dimming capabilities and reduced maintenance costs. As the costs for networked streetlights also rapidly decline, these smart streetlights will find a growing role in cities and municipalities across the globe.”
Telensa’s PLANet smart lighting system runs on Ultra Narrow Band (UNB), a type of low power wide area (LPWA) wireless network. Unlike other systems that rely on complex mesh networks or costly cellular connections, UNB provides simple deployment, low lifetime costs and decades of trouble-free operation. Once deployed, the UNB network provides a free platform for cities to add other sensor and control applications.
“With a deployment footprint of well over a million lights, more and more cities and utilities are choosing Telensa to connect, control and smarten their choice of LED luminaires,” said Will Gibson, CEO of Telensa. “Our success is based on a powerful technology platform that has been deployment-proven at scale and is supported by a sound underlying business case."
Telensa is exhibiting at the Smart City Expo in Barcelona which runs until 17 November 2016 at the UK Pavilion Hall 2 Stand E507.
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