Street and Roadway Lighting Market
Report ID: SQMIG20D2445
Report ID: SQMIG20D2445
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Report ID:
SQMIG20D2445 |
Region:
Global |
Published Date: January, 2025
Pages:
185
|Tables:
88
|Figures:
69
Global Street And Roadway Lighting Market size was valued at USD 17.9 billion in 2024 and is poised to grow from USD 19.26 billion in 2025 to USD 34.61 billion by 2033, growing at a CAGR of 7.6% during the forecast period (2026-2033).
Increasing urbanization and infrastructure development, smart city initiatives, and government incentives drive the growth of the street and roadway lighting market strategies. Intensive redevelopment of city areas and development of infrastructure calls for more efficient, sustainable, and smart public lighting solutions. Together with changing urban landscapes, urban municipalities are increasingly adopting integrated technologies and adaptive lighting infrastructure in line with the most up-to-date smart city development programs, focusing not just on efficiency of operation but also on improved public safety and lower environmental footprint.
Government incentives are a key factor in financially and structurally supporting cities in adopting smart, adaptive systems, thus promoting street and roadway lighting market growth in both developed and emerging markets. These collective efforts help result in enhanced quality of life and create a firm foundation for future-proof urban spaces.
The provision of modern lighting systems is usually limited due to the high level of initial capital that is required for installation, which becomes unaffordable for financially strained municipalities. Aging infrastructure and incompatible ones increase such issues, leading to increased installation and operational expenses, together with safety and operational inefficiencies. This is further reducing not only the pace at which additional projects can be taken up but is also limiting the overall street and roadway lighting market, especially in fiscally or technologically constrained regions.
How is IoT Transforming the Street and Roadway Lighting Industry?
The connection of smart devices is basically revolutionizing the way lighting networks have been working throughout an urban landscape. Rather than coming on at sunset and off at sunrise, contemporary lighting infrastructure makes use of remote control and real-time data collected to maximize energy consumption, save money, and enhance operational effectiveness. Adaptive lighting allows public lighting to comment on actual road conditions, i.e., patterns of traffic and weather, thus nurturing safety and sustainability. Advanced management systems today allow predictive maintenance wherein faults are diagnosed and fixed ahead of time to reduce outage periods. This kind of technological development is well inculcated into the modern street and roadway lighting industry, motivating wiser, safer, and greener cities across the globe.
Market snapshot - 2026-2033
Global Market Size
USD 10.93 Billion
Largest Segment
Smart Lighting
Fastest Growth
Conventional Lighting
Growth Rate
5.02% CAGR
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Global Street And Roadway Lighting Market is segmented by Lighting Type, Installation Type, Power Source, Control Type, End User and region. Based on Lighting Type, the market is segmented into LED, High-Intensity Discharge, Fluorescent and Others. Based on Installation Type, the market is segmented into New Installation and Retrofit. Based on Power Source, the market is segmented into Conventional Grid and Solar. Based on Control Type, the market is segmented into Conventional Lighting and Smart / Connected Lighting. Based on End User, the market is segmented into Municipalities, Highways & Expressways and Commercial & Industrial Areas. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Which Technology is Most Commonly Used for Street and Roadway Lighting?
Although conventional systems have been adopted for many decades, recent developments are driving a serious upheaval in urban public streets and roadway lighting. At the moment, smart lighting with sensors, networking, and adaptive control is turning into the leading technology due to its better energy efficiency, operational variability, and facilitation of sustainability strategies. The shift also transforms the share of the overall street and roadway lighting market, as cities look at smart solutions compatible with contemporary safety and environmental requirements.
Adoption of advanced, connected systems is very much at the forefront of urban lighting, as cities are increasingly turning to intelligent solutions that can provide adaptive control and increased efficiency. Intelligent lighting is the fastest-emerging technology, outpacing traditional technologies and redefining street and roadway lighting market growth with its compatibility with sustainability and contemporary urban infrastructure demands.
Which Source of Light is Most Commonly Used for Street and Roadway Lighting?
LED technology has emerged as the most common option for street and roadway lighting, surpassing fluorescent and high-intensity discharge lamps. Contemporary installations focus on the advantages of LEDs, including energy conservation, long working life, and smart control features. Subsequently, cities are converting traditional light sources to this new-age solution, which today has a majority of street and roadway lighting market share for both new and renovated urban infrastructure.
LED lighting is the most rapidly growing source of street and roadway lighting because it's more energy efficient, long-lasting, and technologically compatible. This is where efficiency in terms of cost-cutting and reduction of environmental impact pushes sweeping adoption to the frontiers of advanced urban light upgrades and sustainability initiatives, driving fast growth for installations. These benefits speed up the growth of LED installations, transforming market growth in smart and connected lighting systems for streets and roadways.
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What Makes North America a Leader in the Street and Roadway Lighting Market?
The leadership role of the street and roadway lighting market regional outlook, in North America, can be traced back to the region's massive adoption of energy-efficient LED technology, along with the support of comprehensive government policies. The region's focus on upgrading outdated infrastructure through smart city ideas, such as a networked lighting infrastructure, aims to provide enhanced security as well as reduced utility bills to citizens. The presence of dominant forces within the industry, as well as significant investments into large-scale overhauls for renovating street lighting, further fuel the advancements within a faster-moving market, making the region a leader within the adoption advancements associated with the growth of the market for street and roadway lighting.
Street and Roadway Lighting Market in the United States
There is a movement towards intelligent and energy-efficient lighting in the entire United States, with urbanization and modernization constantly influencing the lighting sector. Public and private initiatives towards sustainability have increased the adoption of LED lighting and smart control systems in new and existing structures. Cities and municipalities are investing in smart infrastructure that maximizes safety and efficiency. As the acceptance levels of the new systems increase, advancements in lighting technologies are shaping the street and roadway lighting market forecast towards a new future of better energy management and focus on the environment.
Street and Roadway Lighting Market in Canada
The street and roadway lighting market regional forecast landscape in Canada is set to witness an evolution with the inclusion of smart lighting solutions, led by the shift to LED-based solutions. The support from the government, along with sustainable goals, is propelling the replacement of outdated infrastructure, leading to various innovations in the marketplace, with increased expenditure on smart lighting solutions reflecting an optimistic street and roadway lighting market outlook.
What Makes Asia Pacific the Fastest-Growing Region in the Street and Roadway Lighting Market?
Urbanization in the Asia Pacific is undergoing radical changes in its infrastructural systems, with the need for cities to optimize efficiency and sustainable practices by embracing technological innovation. The adoption of smart city solutions has resulted in massive investments in the design of dynamic lighting systems in public spaces, and government initiatives also make it possible to provide intelligent LEDs everywhere. Street and roadway lighting market analysis, confirms that this swift technology innovation, paired with stringent policy support and huge population expansion, drives Asia Pacific into the lead position in market growth, making the area the world's fastest-growing region.
Street and Roadway Lighting Market in Japan
Japan's strategy for city lighting focuses on energy efficiency and sustainability since continuous government efforts drive improvements in public infrastructure through advanced LED technology. Large cities are registering high investments in smart street and road lighting solutions that feature AI-based functionalities such as remote control and adaptive lighting. Alongside the favorable regulatory focus on environmental standards and safety, this is cultivating a favorable street and road lighting market environment. Technology adoption in the country is registering rapid growth, and the shift away from conventional lighting sources is cultivating a favorable street and road lighting market outlook.
Street and Roadway Lighting Market in South Korea
South Korea is gradually enhancing its street and road lighting infrastructure through the embracement of LED energy-efficient technology. This has been promoted by urban development projects coupled with government support for smart systems that promote environmental sustainability. Such developments are enhancing a vibrant street and road lighting market outlook for the country, which reflects its emphasis on modern sustainable urban development.
How Is the Street and Roadway Lighting Market Evolving in Europe?
Growing focus on sustainable urbanization is revolutionizing public lighting in European cities. Town councils are proactively shifting towards energy-efficient technologies and incorporating smart controls that provide real-time responsiveness and a low environmental footprint. Smart infrastructure-supporting government policies, along with investment in modernization initiatives, are also influencing street and roadway lighting market trends in which advanced technology and sustainability now characterize the region's changing urban lighting.
Street and Roadway Lighting Market in Germany
Germany continues to develop its urban infrastructure with increased use of energy-efficient LED fixtures, fueled by government programs and a strong focus on sustainability. The increased focus on intelligent, adaptive systems and the inclusion of next-gen technology in public environments is forcing the rate of modernization. Certain evidence of these trends is seen in ongoing improvements, creating a promising street and roadway lighting market forecast for the nation while both residential and commercial markets increasingly focus on innovative lighting solutions.
Street and Roadway Lighting Market in France
France is observing a consistent shift towards sustainable cityscapes, as city planners and municipalities invest in energy-efficient LED technology and innovative smart lighting upgrades. Favorable government policy and investment in intelligent infrastructure ensure wider diffusion of new lighting technologies for safety and environmental reasons. These underpin a robust forecast for the street and roadway lighting market, reflecting the country's emphasis on modernization and ecological responsiveness.
Street and Roadway Lighting Market in the United Kingdom
Innovative urban lighting is rapidly changing cityscapes throughout the United Kingdom, where the pace of innovation is being driven by increasingly sustainable solutions and smart technologies. As a result, investment in infrastructure continues unabated as cities and private investors alike commit to better LED technology solutions and smart controls for enhanced safety, reduced emissions, and efficiency goals. This constantly shifting regulatory framework and those related to climate ambitions ensure a dynamic street and roadway lighting market outlook, in which modernization initiatives align with the priorities of local and country agendas.
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Street and Roadway Lighting Market Drivers
Increasing Urbanization and Infrastructure Development
Rising Smart City Initiatives
Street and Roadway Lighting Market Restraints
High Initial Investment Costs
Infrastructure Limitations
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Within the street and roadway lighting market statistics, intense competition is fueled by the expanding demand for affordable, accessible light and ongoing advances in technology. Top brands concentrate on creating creative, energy-saving products and incorporating smart technologies to address shifting urban needs. By emphasizing advanced design and sustainable solutions, firms position themselves to gain more market share and respond to rising expectations for smarter, safer, and more reliable public lighting in fast-modernizing cities.
Several startups are entering the street and roadway lighting market strategies, driven by increasing demand for intelligent, energy-efficient systems and technology advances. They are leading the way into the future of city lighting with advanced, responsive technologies. Key startups are listed below.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the street and roadway lighting market penetration is growing strongly on the back of demand for cost-effective, energy-saving options and the incorporation of sophisticated technologies. However, development is restrained by infrastructure constraints and uneven knowledge of smart lighting advantages, particularly in less developed regions. North America dominates the market, fueled by heavy investments in new infrastructure and innovation. In the future, the emphasis on creating efficient, quality lighting solutions will be essential in determining the future of the industry and fostering sustainable urban development globally.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 17.9 billion |
| Market size value in 2033 | USD 34.61 billion |
| Growth Rate | 7.6% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Street and Roadway Lighting Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Street and Roadway Lighting Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Street and Roadway Lighting Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Street and Roadway Lighting Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Global Street and Roadway Lighting Market size was valued at USD 10.93 Billion in 2023 and is poised to grow from USD 11.51 Billion in 2024 to USD 17.03 Billion by 2032, growing at a CAGR of 5.02% during the forecast period (2025-2032).
Within the street and roadway lighting market statistics, intense competition is fueled by the expanding demand for affordable, accessible light and ongoing advances in technology. Top brands concentrate on creating creative, energy-saving products and incorporating smart technologies to address shifting urban needs. By emphasizing advanced design and sustainable solutions, firms position themselves to gain more market share and respond to rising expectations for smarter, safer, and more reliable public lighting in fast-modernizing cities. 'Cree', 'Philips', 'Holophane', 'Eaton', 'Osram', 'Hubbell', 'Lumenpulse', 'Thorn', 'Legrand', 'Exide', 'Bajaj Electricals', 'Havells', 'Eveready'
As the size of the urban population keeps growing, because of the development of new urban areas, the need for proper streetlighting keeps augmenting. This has made street lighting an essential component in promoting security and facilitating various operations at night. With the development of new residential zones, commercial zones, and transportation roads, the need for comprehensive street lighting systems, which can ensure safe and accessible conditions for inhabitants, keeps getting augmented. This rise in the need for street lighting, due to the development of new urbanized lifestyle requirements, has led to an immense increase in the street lighting market.
Integration of Smart Lighting Controls: The controls in smart lighting are transforming the way street and roadway lighting systems are provided in cities through their ability to dynamically fine-tune lighting in real-time situations, traffic, and environmental demands. The technology automatically changes the light intensity, turns the lights on and off as per need, and points out any glitches so that they are attended to immediately. This will create an ability to produce enhanced safety, huge energy conservation, reduced operational costs, as well as minimized light pollution, apart from making smart city capabilities a reality with data on larger scales.
What Makes North America a Leader in the Street and Roadway Lighting Market?
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