The Cambridgeshire-based company Telensa, maker of connected street lighting and Smart City applications, has been named as the global market leader in a comprehensive study of the smart street lighting market.
Northeast Group LLC analysed the market and forecast to 2026. Its research details how the streetlighting market is set to be a driving force in the Internet of Things (IoT), with investments of US$57bn for LED streetlights and US$12.6bn for “smart” connected streetlights by 2026. It also predicts that by then, 89% of streetlights will have transitioned to LED and 42% will be networked to make them smart. The research named Telensa as the global market share leader, and by far the leader in the EMEA region.
Telensa’s PLANet smart lighting system runs on Ultra Narrow Band (UNB) – a type of Low Power Wide Area (LPWA) wireless network. The company says that 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. This contributes to a compelling business case – a system that quickly pays for itself in energy and maintenance savings. Once deployed, the UNB network provides a free platform for cities to add other sensor and control applications.
“LED and smart streetlights are a common sense investment for cities. Costs have fallen significantly and the energy and maintenance savings benefits are proven. 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,” according to Ben Gardner, president of Northeast Group.
“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. As the company that has total focus on “streetlight-centric” Smart City applications, we are delighted to be recognised for our global market share leadership.”