sales@businessmarketinsights.com +1 646 791 7070 | +91-020 69018608

Smart Street Lighting Market Size & Forecast

Historic: 2022-2024 Base Year: 2025 Forecast: 2026–2033
US$ 4.42 Billion
Market Size 2025 · Base Year
US$ 19.00 Billion
Projected Market Size by 2033
20.00%
CAGR · 2026–2033
SHARE
BMIPUB00036825 56+ Countries Covered 10 Major Companies Profiled PEST & SWOT Analysis Competitive Heat Map
At a Glance

Report Coverage

56 +
Countries
56+ countries across North America, Europe, Asia-Pacific, South and Central America, Middle East and Africa
12
Year Assessment
Comprehensive Market Analysis Covering 3 Years of Historical Data (2022–2024), Base Year (2025), and 8-Year Forecast (2026–2033)
10 +
Major Players
Major companies profiled including Signify Holding, Acuity Brands, Inc., Current Lighting Solutions, LLC, SchréderGroup, Zumtobel Group AG
350
Report Pages
Pages of deep-dive analysis with PEST, SWOT, competitive heat maps and datasets
What's Fueling Growth

Market Drivers

  • Rising Smart City Initiatives

  • Increasing Energy Efficiency Requirements

  • Growing Urban Infrastructure Development

Where Growth Opportunities Exist

Key Opportunities

  • Growing Government Infrastructure Investments

  • Increasing LED Retrofit Projects

  • Expanding Intelligent Traffic Management

What Could Slow It Down

Market Restraints

  • High Installation Costs

  • Cybersecurity Concerns

  • Infrastructure Integration Challenges

Market Segmentation

Coverage by Segment

Communication Technology

NB-IoT
Powerline Communication
Radio Frequency

Application

Environmental Monitoring
Traffic Optimization
Smart Parking

End-user

Commercial
Residential
Industrial
Geographic Breakdown

Regional Intelligence

NA North America
EU Europe
APAC Asia-Pacific
SCA South & Central America
MEA Middle East & Africa
Competitive Landscape

Major Market Players

Listed for reference — companies are not ranked in any particular order.

Signify Holding
Acuity Brands, Inc.
Current Lighting Solutions, LLC
SchréderGroup
Zumtobel Group AG
Legrand S.A.
Hubbell Incorporated
Telensa Ltd.
Itron, Inc.
Eaton Corporation plc
What's Inside

Report Scope & Deliverables

Market Size 2025 US$ 4.42 Billion
Market Size 2033 US$ 19.00 Billion
CAGR 2026–2033 20.00%
Segments By Communication Technology (NB-IoT, Powerline Communication, Radio Frequency)  |  By Application (Environmental Monitoring, Traffic Optimization, Smart Parking)  |  By End-user (Commercial, Residential, Industrial)
Geographies North America (US, Canada, Mexico)  ·  Europe (Germany, Italy, France, U.K., Spain, Belgium, Netherlands, Luxembourg, Norway, Finland, Denmark, Sweden, Switzerland, Austria, Greece, Portugal, Russia, Poland, Romania, Czech Republic, Ukraine, Slovakia, Bulgaria)  ·  Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Taiwan, Bangladesh)  ·  South and Central America (Brazil, Argentina, Chile, Colombia, Peru)  ·  Middle East and Africa (Saudi Arabia, United Arab Emirates, Kuwait, Bahrain, Qatar, Oman, Turkiye, South Africa, Egypt, Nigeria, Algeria)
Deliverables Historical analysis with CAGR · PEST & SWOT analysis · Market Size at Global, Regional, and Country Levels · Competitive heat map · Company profiles · Excel dataset
Report Code BMIPUB00036825
Lead Analyst Siddhika Potpelwar — Consultant, Research & Consulting · View Profile
With Full Report Access

Gain actionable insights with 350 pages of in-depth Smart Street Lighting Market, including historical trends, 8-year market forecasts, SWOT analysis, competitive landscapes, and downloadable Excel datasets in a single comprehensive package.