| Product Code: ETC7497349 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Hungary`s import trend for connected (smart) street lighting market experienced a decline, with a growth rate of -9.67% compared to the previous year. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -6.48%. This negative momentum could be attributed to shifting demand patterns or evolving trade policies impacting market stability.

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 Hungary Connected (Smart) Street Lighting Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, 2022 & 2032F |
3.3 Hungary Connected (Smart) Street Lighting Market - Industry Life Cycle |
3.4 Hungary Connected (Smart) Street Lighting Market - Porter's Five Forces |
3.5 Hungary Connected (Smart) Street Lighting Market Revenues & Volume Share, By Component, 2022 & 2032F |
3.6 Hungary Connected (Smart) Street Lighting Market Revenues & Volume Share, By Connectivity, 2022 & 2032F |
3.7 Hungary Connected (Smart) Street Lighting Market Revenues & Volume Share, By Sales Channel, 2022 & 2032F |
3.8 Hungary Connected (Smart) Street Lighting Market Revenues & Volume Share, By End-use Industry, 2022 & 2032F |
4 Hungary Connected (Smart) Street Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting energy efficiency and smart city development |
4.2.2 Increasing urbanization leading to the need for more efficient and sustainable infrastructure |
4.2.3 Technological advancements in IoT and connected devices driving the adoption of smart street lighting |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up connected street lighting infrastructure |
4.3.2 Lack of skilled workforce for maintenance and operation of smart lighting systems |
4.3.3 Concerns regarding data security and privacy in connected street lighting systems |
5 Hungary Connected (Smart) Street Lighting Market Trends |
6 Hungary Connected (Smart) Street Lighting Market, By Types |
6.1 Hungary Connected (Smart) Street Lighting Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, By Component, 2022-2032F |
6.1.3 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, By Hardware, 2022-2032F |
6.1.4 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, By Software, 2022-2032F |
6.1.5 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, By Services, 2022-2032F |
6.2 Hungary Connected (Smart) Street Lighting Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, By Wired, 2022-2032F |
6.2.3 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, By Wireless, 2022-2032F |
6.3 Hungary Connected (Smart) Street Lighting Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, By Direct, 2022-2032F |
6.3.3 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, By Indirect, 2022-2032F |
6.4 Hungary Connected (Smart) Street Lighting Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, By Government, 2022-2032F |
6.4.3 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, By Commercial, 2022-2032F |
6.4.4 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, By Industrial, 2022-2032F |
6.4.5 Hungary Connected (Smart) Street Lighting Market Revenues & Volume, By Residential, 2022-2032F |
7 Hungary Connected (Smart) Street Lighting Market Import-Export Trade Statistics |
7.1 Hungary Connected (Smart) Street Lighting Market Export to Major Countries |
7.2 Hungary Connected (Smart) Street Lighting Market Imports from Major Countries |
8 Hungary Connected (Smart) Street Lighting Market Key Performance Indicators |
8.1 Energy savings achieved through the implementation of connected street lighting |
8.2 Reduction in carbon emissions due to the use of energy-efficient smart lighting solutions |
8.3 Number of smart lighting projects implemented successfully |
8.4 Percentage increase in the adoption of connected street lighting solutions |
8.5 Level of customer satisfaction with the performance of smart lighting systems |
9 Hungary Connected (Smart) Street Lighting Market - Opportunity Assessment |
9.1 Hungary Connected (Smart) Street Lighting Market Opportunity Assessment, By Component, 2022 & 2032F |
9.2 Hungary Connected (Smart) Street Lighting Market Opportunity Assessment, By Connectivity, 2022 & 2032F |
9.3 Hungary Connected (Smart) Street Lighting Market Opportunity Assessment, By Sales Channel, 2022 & 2032F |
9.4 Hungary Connected (Smart) Street Lighting Market Opportunity Assessment, By End-use Industry, 2022 & 2032F |
10 Hungary Connected (Smart) Street Lighting Market - Competitive Landscape |
10.1 Hungary Connected (Smart) Street Lighting Market Revenue Share, By Companies, 2025 |
10.2 Hungary Connected (Smart) Street Lighting 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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