| Product Code: ETC10518433 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Philippines witnessed a significant surge in connected street lights import shipments in 2024, with top exporting countries being China, USA, Japan, Hong Kong, and Austria. The industry showed a remarkable compound annual growth rate (CAGR) of 67.95% from 2020 to 2024, indicating a flourishing market. Despite the growth, the Herfindahl-Hirschman Index (HHI) remained at a high concentration level in 2024, suggesting a competitive market landscape. The impressive growth rate of 28.2% from 2023 to 2024 highlights the increasing demand for connected street lights in the Philippines.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Connected Street Lights Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Connected Street Lights Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Connected Street Lights Market - Industry Life Cycle |
3.4 Philippines Connected Street Lights Market - Porter's Five Forces |
3.5 Philippines Connected Street Lights Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Philippines Connected Street Lights Market Revenues & Volume Share, By Connectivity Technology, 2021 & 2031F |
3.7 Philippines Connected Street Lights Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Connected Street Lights Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Connected Street Lights Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development in the Philippines |
4.2.2 Government initiatives promoting smart city solutions and energy efficiency |
4.2.3 Growing awareness about the benefits of connected street lights in terms of safety and energy savings |
4.3 Market Restraints |
4.3.1 Initial high implementation costs for setting up connected street lights infrastructure |
4.3.2 Lack of standardized regulations and guidelines for the deployment of connected street lights |
4.3.3 Concerns regarding cybersecurity and data privacy issues associated with connected street lights |
5 Philippines Connected Street Lights Market Trends |
6 Philippines Connected Street Lights Market, By Types |
6.1 Philippines Connected Street Lights Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Philippines Connected Street Lights Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 Philippines Connected Street Lights Market Revenues & Volume, By Hardware, 2021 - 2031F |
6.1.4 Philippines Connected Street Lights Market Revenues & Volume, By Software, 2021 - 2031F |
6.1.5 Philippines Connected Street Lights Market Revenues & Volume, By Services, 2021 - 2031F |
6.2 Philippines Connected Street Lights Market, By Connectivity Technology |
6.2.1 Overview and Analysis |
6.2.2 Philippines Connected Street Lights Market Revenues & Volume, By Wi-Fi, 2021 - 2031F |
6.2.3 Philippines Connected Street Lights Market Revenues & Volume, By Bluetooth, 2021 - 2031F |
6.2.4 Philippines Connected Street Lights Market Revenues & Volume, By Cellular Network, 2021 - 2031F |
6.2.5 Philippines Connected Street Lights Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Philippines Connected Street Lights Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Connected Street Lights Market Revenues & Volume, By Highways & Roadways, 2021 - 2031F |
6.3.3 Philippines Connected Street Lights Market Revenues & Volume, By Public Spaces, 2021 - 2031F |
6.3.4 Philippines Connected Street Lights Market Revenues & Volume, By Industrial & Commercial, 2021 - 2031F |
6.3.5 Philippines Connected Street Lights Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Philippines Connected Street Lights Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Philippines Connected Street Lights Market Revenues & Volume, By Municipalities, 2021 - 2031F |
6.4.3 Philippines Connected Street Lights Market Revenues & Volume, By Smart Cities, 2021 - 2031F |
6.4.4 Philippines Connected Street Lights Market Revenues & Volume, By Private Sector, 2021 - 2031F |
6.4.5 Philippines Connected Street Lights Market Revenues & Volume, By Others, 2021 - 2031F |
7 Philippines Connected Street Lights Market Import-Export Trade Statistics |
7.1 Philippines Connected Street Lights Market Export to Major Countries |
7.2 Philippines Connected Street Lights Market Imports from Major Countries |
8 Philippines Connected Street Lights Market Key Performance Indicators |
8.1 Percentage increase in the number of smart city projects incorporating connected street lights |
8.2 Energy efficiency improvements achieved through the use of connected street lights |
8.3 Reduction in carbon emissions attributed to the adoption of connected street lights |
8.4 Percentage growth in the adoption of IoT technology in street lighting systems |
8.5 Improvement in public safety metrics in areas where connected street lights are deployed |
9 Philippines Connected Street Lights Market - Opportunity Assessment |
9.1 Philippines Connected Street Lights Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Philippines Connected Street Lights Market Opportunity Assessment, By Connectivity Technology, 2021 & 2031F |
9.3 Philippines Connected Street Lights Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Connected Street Lights Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Connected Street Lights Market - Competitive Landscape |
10.1 Philippines Connected Street Lights Market Revenue Share, By Companies, 2024 |
10.2 Philippines Connected Street Lights Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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