US$8 billion to be invested in streetlights over next decade, says US market report

Since 2018, the number of US cities carrying out full-scale LED conversions has increased from 107 to 185 and by 2029, over a third of US streetlights will be connected, laying the groundwork for large-scale investments in digitalisation, according to the new US Smart Street Lighting & Smart Cities: Market Forecast (2020 – 2029) from Northeast Group.

Ben Gardner, President, Northeast Group, told Cities Today: “People tend to think of city governments as being sleepy organisations but a lot of them have awoken to the benefits of smart streetlights.”

Over the eight-year course of Northeast Group’s streetlighting research, the market has shifted from an LED and energy-efficiency story...