The street lighting market - Italy

Street lighting identifies the set of structures designed to illuminate public spaces or places. The concept of public lighting is relatively recent, dating back to the 19th century for reasons of public safety, coinciding with increasing urbanization and crime. Public lighting is a service offered by the municipality aimed at the operation, maintenance and control of facilities within a framework of cost efficiency and safety. Italy is among the countries in which public spending on lighting is among the highest, with a decisive gap compared to the European average, and an intra-regional gap, with the North leading the way. There are numerous projects aimed at better light management, and global expectations are also promising, particularly for street lighting, with a very high share of LED use by 2023. The value of lighting production by Italian companies has been fluctuating recently, a trend that, however, does not correspond to the evolution of the industry's turnover, which continues to grow. Uncertainties are expected regarding the future development of the sector and consequently of public service in Italian municipalities, partly due to a change in current regulations.