On a global level, the growing population keeps increasing energy usage, where Lighting accounts for almost 20% of electricity consumption and 6% of CO2 emissions worldwide. Streetlighting in particular accounts for 15% of the global power consumption, 5% of the greenhouse emissions & 40% of the electricity bills at a municipal level. As the quest for a greener planet and net zero targets is ongoing, governments are focusing on building smart sustainable cities, together with retrofitting current infrastructures.

Shifting to energy efficient lighting solutions

Energy Efficient lighting solutions have been recognised as one of the most actionable and ready-to-implement technologies for cities to transition to lower energy emission economies. Thus, Smart lighting market is exponentially growing with new innovations and associated solutions arising every day. Additionally, new smart integrated lighting solutions arise every day, extending the horizon of lighting solutions beyond only providing light.