Navigant Research Ranks Signify as Global Leader for Smart Street Lighting

August 3, 2018

Industry analyst firm Navigant Research’s new report, Navigant Research Leaderboard: Smart Street Lighting, ranks Signify as the leader for smart street lighting globally. Signify became the new company name of Philips Lighting as of May 16, 2018.

Navigant Research defines smart street lighting as “a general label for the use of advanced technologies for the efficient operation, monitoring, and management of street lighting within a smart city strategy.” Smart street lighting is enabled by a variety of technologies, including sensors, control nodes, gateways, cameras, wireless communications, and data analytics.

Navigant’s Smart Street Lighting Leaderboard report assesses 14 suppliers of connected street lighting globally on such criteria as

  • go-to-market strategy
  • partners
  • product strategy
  • geographic reach
  • market presence
  • sales
  • marketing and distribution
  • product features and portfolio
  • product integration
  • staying power

Signify is ranked as the overall leader with leadership in strategy and execution.

Navigant Research estimates the global market for smart street lighting to be worth US$837.4 million in 2018. Annual smart street lighting revenue is expected to grow to nearly US$8.3 billion globally by 2027, representing a compound annual growth rate (CAGR) of 28.9%.

Signify was rated highly across all criteria for smart street lighting. According to the report, “Signify’s background as a lighting company that offers end-to-end systems gives it an advantage over most of its competitors.” It also noted the success of the company’s Interact City LED connected street lighting system and management software, which has been deployed in more than 1,000 projects in 37 countries.

The report further illustrates Signify’s leadership in smart lighting technologies, and underlines its position as the lighting company for the Internet of Things. An executive summary of the report is available here: www.navigantresearch.com/research/navigant-research-leaderboard-smart-street-lighting.

Related Articles


Changing Scene


Design

  • LIT Design Awards Light Art Project Winner: Integral Group

    LIT Design Awards Light Art Project Winner: Integral Group

    December 19, 2022 Prize(s) Winners in Light Art Project Company Integral Group Lead Designers Ellie Niakan + Catherine Chan Photo Credits Catherine Chan Completion Date December 21, 2021 Project Location New Westminster, British Columbia, Canada Although appearing as solitary, trees are connected to one another through vast underground systems known as mycorrhizal networks. Through these hidden systems—a symbiotic relationship between plants… Read More…

  • LIT Lighting Design Awards: Capital Park Landscape, Victoria, BC

    LIT Lighting Design Awards: Capital Park Landscape, Victoria, BC

    December 5, 2022 Located in one of Victoria’s most historic neighborhoods, the Capital Park Mixed-Use Development is made up of seven buildings stretching across three lots and is responsible for nearly an entire city block of Victoria’s downtown core. The project took place over the span of three phases and eight years. The first phase… Read More…


New Products

  • Legrand Shading Systems Announces Cord Keeper for Safe, Compliant Chain-Operated Shades

    Legrand Shading Systems Announces Cord Keeper for Safe, Compliant Chain-Operated Shades

    February 3, 2023 Compliant With Regulations in the U.S. and Canada, the Cord Keeper Provides Safety and Peace of Mind in Commercial and Residential Applications Legrand Shading Systems today introduced Cord Keeper, a safe, compliant solution for chain-operated shades. Legrand’s Cord Keeper provides safety and peace of mind for commercial and residential applications using manual… Read More…

  • Stanpro Edge-Lit Ceiling Light with Motion Detection

    Stanpro Edge-Lit Ceiling Light with Motion Detection

    February, 3, 2023 The LED edge-lit ceiling luminaire with integrated motion sensor has a sleek design including an embedded PIR (Passive Infrared) sensor. This luminaire helps save energy by automatically turning on when motion is detected and off when there is no motion. In addition, it can be easily installed, with a twist-lock installation, flush to a… Read More…