Public & Commercial Lighting System: Essential Part Of Life In Cities.
Light plays a very vital role in every sector. Today, a lot of urban public lighting systems still rely on traditional lights that use obsolete light sources, of which, have many negative impacts on environment, people’s health and productivity, and safety. For instance, a poor quality light system will be less safe; has frequent faults; very high energy wastage; contributes more light pollution that interferes with environment and astronomical researches; just to name a few.
The technical development of public lighting infrastructure has been shaped by the necessity for local authorities to fulfil two requirements: limiting energy consumption and reducing light pollution. Smart public lighting is a compelling starting point for most smart city initiatives around the world. The most innovative technology solution available is the remotely managed Light Emitting Diodes (LED) energy-efficient light bulbs. Main motivation is the energy savings gained by replacing traditional luminaires with the low-power LEDs and implementing urban micro-renewables, but the further benefits are enabled through connectivity and smart control. Networked street lighting, in which data and services are integrated, delivers additional energy savings, reduced maintenance costs, improved safety and security. A smart public lighting system provides clean energy and reduces the energy consumption from the urban grid. LED system can cut energy consumption by around 65%, generate a further 20% of savings by adjusting light output according to the needs; units have longer lifespan; reduce labour requirements; improve light quality that helps in excellent colour perception; and even play an important role in plant growth and development.
The global lighting market is set to reach USD 115.58 billion by 2026, exhibiting a CAGR of 4.4% during the forecast period. The major driver of the growth of the market is the speedy expansion of the construction sector, especially in the developing countries. With urban population across the world is growing at the rate of 200,000 people per day, more infrastructure and housing will need to be established.
The URBAN RENEWABLES commercial and public lighting method covers projects that improve the energy performance of lighting systems in commercial, industrial and public buildings, as well as public areas, such as pedestrian, street and traffic lighting. While the residential sector likely holds the most market share, commercial sector may hold the second largest market share followed by the industrial sector. Factors such as the increasing number of commercial buildings, public infrastructure, and others are influencing the growth of commercially. URBAN RENEWABLES sets to transform cities’ lighting infrastructure with innovative technologies, when they are economically viable, into a valuable asset that will modernize and enhance all cities in their accessibility, safety, efficiency and sustainability segments for the locals and the nation.