Street lighting

Project background:

During the forecast period, the street and alley lighting market is expected to grow by 6.03%, reaching $1.094 billion in 2022. The base year used for this study is 2015, and the forecast periods are 2016 and 2022.
The global LED street light market has witnessed sustained growth in the past few years. The installation of LED street lights connected to smart city projects is a contributor to the wider renovation of aging urban infrastructure. By implementing a connected street lighting program through a mobile network with a centralized management system (CMS), city managers can remotely control and monitor lighting assets.

Product application:

Governments around the world are taking measures to replace old streetlights with LED variants. Government measures have also driven market growth, as governments around the world are building regulations that encourage leading adoption. For example, cities in Canada and the UK have recently introduced projects to install smart lighting systems.
Pan American's LED lights provide consistent lighting by increasing overall visibility and providing additional safety for street and highway locations. They can also be paired with motion sensors, photovoltaic cells, and timers to provide lighting control systems for effective use. In addition, Pan American LED street lighting fixtures can be used in various outdoor spaces such as bridges, roads, and buildings to help improve aesthetics and energy efficiency.