Global Street and Roadway Lighting Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Lighting Type;
Conventional Lighting and Smart Lighting - Communication Technology[Wired Technology and Wireless Technology].By Light Source;
LEDs, Fluorescent Lights and HID Lamps.By Power;
Below 50W, Between 50W - 150W, and More Than 150W .By Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Street and Roadway Lighting Market (USD Million), 2021 - 2031
In the year 2024, the Global Street and Roadway Lighting Market was valued at USD 10,927.98 million. The size of this market is expected to increase to USD 15,376.77 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5%.
The global street and roadway lighting market is undergoing significant growth driven by urbanization, infrastructure development, and the increasing need for energy-efficient lighting solutions. As cities expand and new roadways are constructed, the demand for effective and reliable lighting systems rises to ensure safety, security, and visibility for both drivers and pedestrians. Modern street lighting systems are increasingly incorporating LED technology due to its energy efficiency, long lifespan, and lower maintenance requirements compared to traditional lighting solutions.
LED streetlights are becoming the standard in new installations and retrofitting projects worldwide. Governments and municipalities are investing heavily in upgrading outdated lighting infrastructure with smart, connected LED systems. These systems offer significant energy savings, reducing electricity consumption and operational costs for cities. Additionally, LED streetlights provide better illumination quality, which enhances public safety and reduces crime rates. The transition to LED lighting is also aligned with global sustainability goals, as it contributes to significant reductions in greenhouse gas emissions.
Technological advancements in smart lighting are further propelling the street and roadway lighting market. Smart lighting systems equipped with IoT sensors and wireless communication capabilities allow for remote monitoring and control of streetlights. These systems can adjust brightness levels based on real-time conditions such as traffic flow and weather, and they enable predictive maintenance by alerting operators to issues before they become critical. Integration with other smart city technologies, such as traffic management systems and environmental monitoring, further enhances the functionality and benefits of smart street lighting. As urban areas continue to embrace smart city initiatives, the adoption of advanced street and roadway lighting solutions is expected to accelerate, driving market growth and innovation.
Global Street and Roadway Lighting Market Recent Developments
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In March 2024, Signify launched smart street lighting solutions integrated with IoT for urban energy management.
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In November 2022, Cree Lighting introduced energy-efficient LED roadway lighting systems targeting smart city initiatives.
Segment Analysis
This report extensively covers different segments of Global Street and Roadway Lighting Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).
The global street and roadway lighting market can be segmented by lighting type, light source, and geography. These segments help to categorize the market, offering a comprehensive understanding of its diverse components and facilitating targeted strategies for growth and development. By analyzing these segments, stakeholders can identify trends, opportunities, and challenges specific to each category, allowing for more informed decision-making.
The market segmentation by lighting type typically includes traditional lighting systems and smart lighting systems. Traditional lighting encompasses conventional streetlights, such as high-pressure sodium (HPS) and metal halide lamps, which are gradually being phased out due to inefficiency and higher operational costs. In contrast, smart lighting systems are gaining traction due to their advanced features, such as remote control, adaptive lighting, and integration with IoT technologies. These smart systems offer enhanced energy efficiency, improved safety, and reduced maintenance costs, driving their adoption in both new installations and retrofitting projects.
When segmented by light source, the market primarily consists of LED (light-emitting diode) lighting, fluorescent lighting, and other traditional light sources. LED lighting dominates the market due to its superior energy efficiency, longevity, and lower environmental impact. LEDs provide better illumination quality and are more cost-effective in the long term, making them the preferred choice for modern street and roadway lighting solutions. Fluorescent and other traditional light sources are increasingly being replaced by LEDs as municipalities and governments aim to reduce energy consumption and meet sustainability targets.
The Global Street and Roadway Lighting Market is segmented by power into three key categories: Below 50W, Between 50W - 150W, and More Than 150W. Each segment caters to different lighting requirements based on factors such as road type, traffic density, and energy efficiency considerations.The Below 50W segment primarily serves residential streets, pedestrian pathways, and low-traffic areas. These lighting solutions are designed to provide adequate illumination while minimizing energy consumption. With increasing urbanization and the adoption of smart lighting technologies, demand for lower-wattage streetlights is growing. Governments and municipalities are focusing on replacing traditional high-energy-consuming lamps with LED-based alternatives in this segment to enhance sustainability and reduce maintenance costs.The Between 50W - 150W segment dominates the market, as it is widely used for urban roads, highways, and commercial areas where higher illumination is required. This segment benefits from the rising adoption of LED streetlights, which offer improved energy efficiency, longer lifespan, and enhanced visibility compared to conventional lighting solutions. Many cities are undertaking large-scale LED retrofitting projects to replace outdated lighting infrastructure, further fueling the growth of this segment. Additionally, the integration of smart lighting systems with features such as dimming, motion sensors, and remote monitoring is becoming increasingly common, optimizing energy usage and operational efficiency.The More Than 150W segment caters to high-traffic expressways, major highways, and industrial zones where powerful lighting is essential for safety and visibility. These high-wattage lights are crucial in reducing accidents and ensuring smooth traffic flow, especially in areas with heavy vehicular movement. With advancements in lighting technology, LED solutions in this segment are becoming more efficient, offering better luminosity while consuming less power compared to traditional high-intensity discharge (HID) lamps. Government initiatives focused on improving roadway safety and reducing carbon emissions are expected to drive demand for this segment, with an increasing shift toward intelligent lighting networks that enable adaptive brightness control based on real-time traffic conditions.
Geographically, the street and roadway lighting market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Each region has distinct market dynamics influenced by factors such as urbanization rates, government policies, infrastructure development, and economic conditions. North America and Europe are mature markets with significant investments in smart city initiatives and sustainable lighting solutions. Asia-Pacific is the fastest-growing region, driven by rapid urbanization, infrastructure expansion, and government efforts to improve energy efficiency. Latin America and the Middle East and Africa regions are also witnessing growth, albeit at a slower pace, as they gradually adopt modern lighting technologies to enhance urban infrastructure and public safety.
Global Street and Roadway Lighting Segment Analysis
In this report, the Global Street and Roadway Lighting Market has been segmented by Lighting Type, Light Source,Power, and Geography.
Global Street and Roadway Lighting Market, Segmentation by Lighting Type
The Global Street and Roadway Lighting Market has been segmented by Lighting Type into Conventional Lighting and Smart Lighting.
The global street and roadway lighting market is segmented by lighting type into two primary categories: conventional lighting and smart lighting. Conventional lighting, which includes traditional technologies such as incandescent, fluorescent, and high-pressure sodium lamps, has been the standard for many years due to its lower upfront costs and established infrastructure. However, conventional lighting systems are increasingly being phased out in favor of more efficient and advanced solutions due to their higher energy consumption, shorter lifespan, and greater maintenance requirements.
Smart lighting, on the other hand, represents the future of street and roadway illumination. Smart lighting systems leverage LED technology, which is significantly more energy-efficient and durable than conventional lighting options. These systems are integrated with sensors, wireless communication modules, and control systems that enable remote monitoring and management. Smart lighting solutions can adjust brightness levels based on real-time data such as traffic volume, time of day, and weather conditions, which not only enhances energy efficiency but also improves public safety and reduces operational costs. The adoption of smart lighting is driven by urbanization, smart city initiatives, and stringent government regulations aimed at reducing carbon emissions and energy consumption.
The transition from conventional to smart lighting is facilitated by various incentives and support from governments and municipalities worldwide. Many regions are implementing policies and funding programs to upgrade existing infrastructure to smart lighting systems. This shift is expected to create significant opportunities for market players to innovate and expand their product offerings. Additionally, the integration of smart lighting with other smart city applications, such as traffic management and environmental monitoring, further enhances its appeal and functionality. As the market continues to evolve, the focus on sustainable and efficient lighting solutions will drive the growth of smart lighting systems, making them the dominant segment in the global street and roadway lighting market.
Global Street and Roadway Lighting Market, Segmentation by Light Source
The Global Street and Roadway Lighting Market has been segmented by Light Source into LEDs, Fluorescent Lights and HID Lamps.
The global street and roadway lighting market has been segmented by light source into three primary categories: LEDs (Light Emitting Diodes), fluorescent lights, and HID (High-Intensity Discharge) lamps. Each light source offers distinct characteristics and benefits, shaping their application and adoption in various regions and projects.
LEDs are increasingly becoming the preferred choice for street and roadway lighting due to their superior energy efficiency, long lifespan, and low maintenance requirements. LED technology offers significant energy savings, reducing electricity consumption and operational costs for municipalities. Additionally, LEDs provide better light quality and uniformity, enhancing visibility and safety on roads. The ability to integrate LEDs with smart lighting systems allows for advanced functionalities such as dimming, remote control, and adaptive lighting based on traffic and environmental conditions. The shift towards LEDs is driven by both economic and environmental factors, making them the dominant segment in new installations and retrofitting projects globally.
Fluorescent lights, once a popular choice for street and roadway lighting, are now largely being phased out in favor of more efficient and longer-lasting alternatives like LEDs. However, they are still in use in some regions due to their relatively lower upfront costs compared to LEDs and the existing infrastructure that supports fluorescent technology. Fluorescent lights are known for their moderate energy efficiency and decent light output but suffer from shorter lifespans and higher maintenance needs compared to LEDs. As energy efficiency regulations tighten and the benefits of LEDs become more pronounced, the use of fluorescent lights in street lighting is expected to continue to decline.
HID lamps, including metal halide and high-pressure sodium lamps, have been widely used for street and roadway lighting due to their high luminous efficacy and ability to produce intense light. These lamps are suitable for large areas and highways where high levels of illumination are required. However, HIDs have several drawbacks, including longer warm-up times, higher energy consumption, and reduced efficiency over time. Advances in LED technology are gradually replacing HID lamps in many applications, as LEDs offer comparable or better light output with significantly lower energy usage and maintenance costs. Despite this shift, HIDs remain in use in some areas due to their initial cost advantage and existing infrastructure compatibility.
Global Street and Roadway Lighting Market, Segmentation by Power
The Global Street and Roadway Lighting Market has been segmented by Power into Below 50W, Between 50W - 150W, and More Than 150W .
The Global Street and Roadway Lighting Market is segmented by power into three key categories: Below 50W, Between 50W - 150W, and More Than 150W. Each segment caters to different lighting requirements based on factors such as road type, traffic density, and energy efficiency considerations.The Below 50W segment primarily serves residential streets, pedestrian pathways, and low-traffic areas. These lighting solutions are designed to provide adequate illumination while minimizing energy consumption. With increasing urbanization and the adoption of smart lighting technologies, demand for lower-wattage streetlights is growing. Governments and municipalities are focusing on replacing traditional high-energy-consuming lamps with LED-based alternatives in this segment to enhance sustainability and reduce maintenance costs.
The Between 50W - 150W segment dominates the market, as it is widely used for urban roads, highways, and commercial areas where higher illumination is required. This segment benefits from the rising adoption of LED streetlights, which offer improved energy efficiency, longer lifespan, and enhanced visibility compared to conventional lighting solutions. Many cities are undertaking large-scale LED retrofitting projects to replace outdated lighting infrastructure, further fueling the growth of this segment. Additionally, the integration of smart lighting systems with features such as dimming, motion sensors, and remote monitoring is becoming increasingly common, optimizing energy usage and operational efficiency.The More Than 150W segment caters to high-traffic expressways, major highways, and industrial zones where powerful lighting is essential for safety and visibility. These high-wattage lights are crucial in reducing accidents and ensuring smooth traffic flow, especially in areas with heavy vehicular movement. With advancements in lighting technology, LED solutions in this segment are becoming more efficient, offering better luminosity while consuming less power compared to traditional high-intensity discharge (HID) lamps. Government initiatives focused on improving roadway safety and reducing carbon emissions are expected to drive demand for this segment, with an increasing shift toward intelligent lighting networks that enable adaptive brightness control based on real-time traffic conditions.
Global Street and Roadway Lighting Market, Segmentation by Geography
In this report, the Global Street and Roadway Lighting Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Global Street and Roadway Lighting Market Share (%), by Geographical Region, 2024
The global street and roadway lighting market share is segmented geographically into key regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Each region exhibits distinct market dynamics driven by various factors such as urbanization rates, government policies, infrastructure development, and adoption of advanced technologies. Currently, Asia-Pacific holds the largest market share due to rapid urbanization, extensive infrastructure projects, and significant investments in smart city initiatives. Countries like China and India are leading the charge with large-scale implementation of energy-efficient LED streetlights and smart lighting systems to meet the growing demand for enhanced public infrastructure and sustainability.
North America and Europe follow closely behind in market share, driven by stringent government regulations on energy efficiency and environmental sustainability. In North America, the United States and Canada are key contributors, with numerous cities upgrading to LED and smart lighting systems to reduce energy consumption and operational costs. The focus on smart city projects and the integration of IoT technologies further bolster market growth in these regions. Similarly, Europe sees substantial market penetration due to policies aimed at reducing carbon emissions and improving public safety. Countries such as Germany, the UK, and France are investing heavily in advanced street lighting solutions, supported by government incentives and funding programs.
The Middle East & Africa and Latin America regions are also witnessing gradual growth in the street and roadway lighting market. In the Middle East, wealthy nations like the UAE and Saudi Arabia are driving demand with ambitious infrastructure development plans and smart city initiatives. In Africa and Latin America, the market is expanding as urbanization increases and governments seek to improve public infrastructure and safety. Although these regions currently hold a smaller market share compared to Asia-Pacific, North America, and Europe, the potential for growth is significant as economic development and urbanization continue to progress, creating opportunities for market expansion and technology adoption.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Street and Roadway Lighting Market. These factors include; Market Drivers, Restraints and Opportunities
Drivers, Restraints and Opportunity Analysis
Drivers
- Urbanization and Infrastructure Development
- Energy Efficiency and Cost Savings
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Government Regulations and Sustainability Goals-The global street and roadway lighting market is significantly influenced by government regulations and sustainability goals aimed at enhancing energy efficiency and reducing carbon emissions. Governments worldwide are implementing stringent regulations to phase out inefficient lighting technologies and promote the adoption of energy-efficient solutions such as LED lighting. These regulations are driven by the need to reduce energy consumption in public infrastructure, lower operational costs, and mitigate the environmental impact associated with traditional street lighting systems.
One of the primary drivers behind these regulations is the global commitment to sustainability and climate action. Many countries have set ambitious targets to reduce greenhouse gas emissions, and upgrading public lighting systems is a critical component of achieving these goals. LED street lights, which consume significantly less energy and have longer lifespans compared to traditional lighting, are being widely adopted as part of these initiatives. Additionally, smart lighting systems that incorporate sensors and IoT technology are being deployed to further enhance energy savings by adjusting lighting levels based on real-time conditions such as traffic flow and ambient light.
Government funding and incentive programs are playing a crucial role in accelerating the transition to sustainable street and roadway lighting. Many governments are providing financial support to municipalities for the installation of energy-efficient lighting solutions and smart lighting infrastructure. These programs not only facilitate the adoption of advanced lighting technologies but also encourage innovation and investment in the sector. By prioritizing energy efficiency and sustainability, governments are driving the growth of the global street and roadway lighting market, ensuring safer, more efficient, and environmentally friendly public lighting systems.
Restraints
- High Initial Installation Costs
- Technical and Compatibility Issues
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Maintenance and Operational Challenges-The global street and roadway lighting market faces significant maintenance and operational challenges that impact its efficiency and effectiveness. Traditional street lighting systems, primarily based on high-pressure sodium (HPS) or metal halide lamps, require frequent maintenance due to shorter lifespans and higher failure rates compared to modern LED lighting solutions. Regular maintenance involves substantial labor and operational costs, including the need for periodic bulb replacements, fixture repairs, and system inspections. These challenges are exacerbated in regions with extensive roadway networks, where maintaining consistent lighting performance across large areas becomes logistically complex and resource-intensive.
Operational challenges also include the high energy consumption associated with outdated lighting technologies. Traditional street lights are less energy-efficient, leading to increased operational costs and higher carbon footprints for municipalities and utilities. Additionally, the lack of advanced control systems in conventional lighting setups hinders the ability to implement energy-saving measures, such as dimming or adaptive lighting based on traffic flow and weather conditions. This inefficiency not only burdens municipal budgets but also contributes to unnecessary energy wastage, highlighting the need for more intelligent and sustainable lighting solutions.
Advancements in smart lighting technologies offer potential solutions to these maintenance and operational challenges. The adoption of LED lighting, coupled with smart controls and IoT connectivity, allows for remote monitoring and management of street lighting systems. These technologies enable real-time fault detection, predictive maintenance, and dynamic lighting adjustments, significantly reducing maintenance costs and operational downtime. Smart street lighting systems can also integrate with broader smart city initiatives, leveraging data analytics to optimize lighting performance and enhance urban safety. However, the transition to smart lighting systems requires significant initial investments and careful planning to address integration and compatibility issues with existing infrastructure, underscoring the importance of strategic implementation and government support to overcome these challenges.
Opportunities
- Increasing Adoption of Smart City Initiatives
- Technological Innovation in IoT and AI Integration
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Expansion in Emerging Markets-The global street and roadway lighting market is witnessing significant expansion, particularly in emerging markets, driven by rapid urbanization and infrastructure development. As cities in regions such as Asia-Pacific, Latin America, and Africa continue to grow, there is an increasing demand for efficient and reliable street lighting solutions to enhance public safety, improve visibility, and support economic activities during nighttime. Governments and municipalities in these regions are investing heavily in modernizing their urban infrastructure, including upgrading traditional lighting systems to energy-efficient LED lighting and smart lighting solutions.
Emerging markets are adopting advanced street lighting technologies to reduce energy consumption and operational costs while minimizing environmental impact. LED streetlights, for instance, offer significant energy savings and have a longer lifespan compared to traditional sodium vapor or halogen lamps. Furthermore, smart street lighting systems equipped with sensors and IoT connectivity enable remote monitoring and management, allowing cities to adjust lighting levels based on real-time conditions, optimize maintenance schedules, and reduce energy wastage. These innovations not only contribute to sustainability goals but also enhance the overall quality of urban living.Various government initiatives and funding programs are accelerating the deployment of modern street and roadway lighting systems in emerging markets. Infrastructure development projects often include provisions for upgrading lighting systems as part of broader urban renewal efforts. International development organizations and financial institutions are also providing support through grants and loans to facilitate the adoption of energy-efficient and smart lighting technologies. As emerging markets continue to prioritize urban development and sustainability, the global street and roadway lighting market is poised for robust growth, offering opportunities for technology providers and investors to capitalize on the evolving needs of rapidly urbanizing regions.
Competitive Landscape Analysis
Key players in Global Street and Roadway Lighting Market include:
- Philips Lighting (Signify)
- Osram Licht AG
- Acuity Brands, Inc.
- Eaton Corporation
- General Electric Company (GE Lighting)
- Cree, Inc.
- Hubbell Incorporated
- Schréder Group
- Havells India Ltd.
- Zumtobel Group AG
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Lighting Type
- Market Snapshot, By Light Source
- Market Snapshot, By Power
- Market Snapshot, By Region
- Global Street and Roadway Lighting Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Urbanization and Infrastructure Development
- Energy Efficiency and Cost Savings
- Government Regulations and Sustainability Goals
- Restraints
- High Initial Installation Costs
- Technical and Compatibility Issues
- Maintenance and Operational Challenges
- Opportunities
- Increasing Adoption of Smart City Initiatives
- Technological Innovation in IoT and AI Integration
- Expansion in Emerging Markets
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Street and Roadway Lighting Market, By Lighting Type, 2021 - 2031 (USD Million)
- Conventional Lighting
- Smart Lighting
- Communication Technology
- Wired Technology
- Wireless Technology
- Communication Technology
- Global Street and Roadway Lighting Market, By Light Source, 2021 - 2031 (USD Million)
- LEDs
- Fluorescent Lights
- HID Lamps
- Global Street and Roadway Lighting Market, By Power, 2021 - 2031 (USD Million)
- Below 50W
- Between 50W - 150W
- More Than 150W .
- Global Street and Roadway Lighting Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Street and Roadway Lighting Market, By Lighting Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Philips Lighting (Signify)
- Osram Licht AG
- Acuity Brands, Inc.
- Eaton Corporation
- General Electric Company (GE Lighting)
- Cree, Inc.
- Hubbell Incorporated
- Schréder Group
- Havells India Ltd.
- Zumtobel Group AG
- Company Profiles
- Analyst Views
- Future Outlook of the Market