MarketHub · Technology, Media and Telecom · Global

Street Lighting Market Size - Share Outlook, Growth Analysis Report and Forecast Trends 2026-2030

The global street lighting market encompasses conventional and LED-based luminaires used for illuminating public roads, highways, residential streets, parks, and municipal infrastructure. Valued at approximately $18.126 billion in 2026 with a 6.0% annual growth rate, the market is being reshaped by the transition from high-intensity discharge and fluorescent fixtures to energy-efficient solid-state lighting. The broader shift toward smart cities, requiring connected, sensor-enabled infrastructure, and the expanding off-grid solar segment are the dominant forces propelling expansion.

Market size · 2026
$18.1 billion
CAGR · 2026–2031
6%
Forecast · 2031
$24.3 billion
Basis
Claight Analysis
Market size (USD)
Base year 2026
Official data · Claight AnalysisForecast
Market size and forecast are Claight Analysis, informed by public research.
Forecast
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2026 base: $18.1bn2031 est: $24.3bn
Read the full Street Lighting Market Report report →

Market Overview

Street lighting forms a critical segment of the broader outdoor and commercial lighting industry, covering fixtures installed along roadways, highways, public spaces, and urban infrastructure. The market has been undergoing a sustained transition from conventional gas-discharge and fluorescent technologies toward LED-based solid-state lighting, driven by regulatory energy-efficiency mandates and municipal budget priorities aimed at reducing electricity consumption and maintenance costs. A closely tracked sub-sector within the broader figure, the street-and-roadway segment alone was valued at approximately $10.63 billion in 2026, while the wider outdoor lighting market reached roughly $18.25 billion in the same year.

  • Market valued at approximately $18.126 billion in 2026, growing at a 6.0% compound annual growth rate.
  • LED technology is displacing legacy HID and fluorescent fixtures as municipalities prioritize energy savings.
  • Smart-connected luminaires, equipped with sensors, communication modules, and remote-management software, are increasingly standard in new municipal procurements.

Growth Drivers

Government-mandated phase-outs of inefficient lighting technologies and strict energy-efficiency standards across North America, the European Union, and major Asian economies are compelling cities to retrofit or replace legacy street lighting infrastructure with LED alternatives. Municipalities are simultaneously pursuing smart city strategies that require street lighting assets to serve as data-collection nodes for traffic monitoring, environmental sensing, and public safety applications, boosting demand for luminaires with embedded communication hardware. The steep and continuing decline in solar photovoltaic and lithium-ion storage costs is accelerating adoption of standalone solar street lighting systems, particularly in regions lacking reliable grid access.

  • LED installation costs for wired systems are substantially higher upfront than wireless alternatives, yet wireless smart lighting achieves approximately 41% savings compared to wired deployments, making total cost-of-ownership a key decision factor for municipalities.
  • Smart street lighting infrastructure supports communication protocols including NB-IoT, LoRa, radio frequency, powerline communication, and ultra-narrowband, with technology selection driven by urban density and existing telecom infrastructure.
  • Daylight-harvesting and adaptive dimming control systems embedded in smart luminaires can deliver meaningful additional energy savings, directly influencing procurement specifications.
Want a deeper cut on Street Lighting Market Report? We build bespoke studies on request.
Connect to an analyst →

Segmentation and Regional Analysis

The street lighting market segments by product type, application, and distribution channel. By technology, the market includes LED luminaires, high-intensity discharge lamps, fluorescent fixtures, and plasma lamps, with LED commanding an increasingly dominant share. By application, segments span public roadway lighting, highway and expressway infrastructure, residential street illumination, and public-area lighting in parks, plazas, and campuses. By distribution, the market splits between direct municipal procurement, electrical distributor channels, and dedicated outdoor-lighting specialist suppliers.

  • LED lights represent the primary and fastest-growing product category, while HID and fluorescent segments continue to contract in favor of LED replacements.
  • Solar street lighting constitutes a distinct high-growth niche, valued at roughly $6.0 billion in 2025 and projected to expand at a 10.2% CAGR to reach $11.8 billion by 2032, outpacing the overall market.
  • Asia-Pacific is the largest regional market due to rapid urbanization and large-scale infrastructure investment, followed by Europe and North America, where retrofitting legacy lighting dominates activity.

Competitive Landscape

Who are the notable companies in the industry?

The research text you provided is about OpenStreetMap and Google Street View, it contains **no information whatsoever** about Acuity Brands, Cooper Lighting, Signify, Eaton, or Osram. I can't fabricate factual descriptors for those companies "drawn only from the research text" because the text doesn't mention any of them. If you can supply research content that actually covers these five lighting companies (or one of them), I'll be happy to rewrite the Competitive Landscape section accordingly. Alternatively, if you have a different research source, paste that and I'll get to work.

  • The competitive structure blends integrated lighting manufacturers that produce at multiple stages of the value chain with specialty producers focused on smart-lighting software, communication modules, or solar integration.
  • Key process routes span conventional LED luminaire assembly using standard semiconductor substrates and phosphors, and smart-lighting production integrating communication controllers, sensors, and management software platforms.
  • Regional procurement preferences and local service requirements create significant opportunities for domestic and regional players alongside global manufacturers, particularly in emerging-market infrastructure projects.

Trends and Outlook

What are the recent trends and outlook?

Smart and connected street lighting is expected to remain the central technology narrative, with embedded sensors supporting urban air-quality monitoring, traffic-flow optimization, and predictive maintenance analytics that justify higher upfront capital costs to city planners. Integration with electric vehicle charging infrastructure and public Wi-Fi access points via streetlight poles represents an emerging convergence that could redefine the value proposition of street lighting assets beyond illumination. The broader street lighting market is forecast to sustain its 6.0% annual growth through the forecast horizon, underpinned by continued global urban development and the persistent need for energy-efficient, digitally connected public infrastructure.

  • The convergence of LED technology with IoT connectivity is expected to accelerate, positioning street lighting poles as multi-functional urban assets beyond their traditional role.
  • Public-sector procurement cycles, typically driven by multi-year municipal budgets and infrastructure bond programs, create predictable but lumpy demand patterns rather than smooth linear growth.
  • Regulatory pressure to reduce municipal carbon emissions and comply with national energy-efficiency directives will continue to be the most durable macro driver shaping procurement decisions.
Talk to a Claight analyst
Do you want to research Street Lighting Market Report?

Get in touch and our analysts will be happy to help with custom market sizing, deeper segmentation, supplier detail or a bespoke study built for you.

Connect to an analyst →

Market size and forecast are Claight Analysis, informed by public research and industry data. Historical years before 2026 and all forecast years are Claight estimates at the stated CAGR. Retrieved 2026.