The Business Research Company’s 2026 market reports combine market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights to deliver research that is more actionable and strategically valuable.
Street And Roadway Lighting Market Size Trajectory: Key Numbers Every Industry Stakeholder Should Know
The street and roadway lighting market has experienced robust growth in recent years. It will grow from $11.01 billion in 2025 to $11.71 billion in 2026 at a compound annual growth rate (CAGR) of 6.4%. This historical expansion can be attributed to factors such as the establishment of traditional street lighting infrastructure, the ongoing enlargement of roadways, the early embrace of LED-based illumination, an increasing emphasis on ensuring pedestrian safety, and governmental efforts aimed at electrifying road networks.
The street and roadway lighting market is expected to demonstrate significant expansion in the coming years. It is projected to achieve a value of $14.93 billion by 2030, advancing at a compound annual growth rate (CAGR) of 6.3%. This anticipated growth is influenced by factors such as the development of smart cities, increasingly stringent energy efficiency regulations, the spread of intelligent lighting networks, the rising embrace of adaptive street lighting solutions, and the increased integration of lighting systems powered by renewable energy. Prominent trends for the forecast period include the wider deployment of IoT-enabled lighting infrastructure, the expansion of sustainable and energy-efficient lighting solutions, the growth of smart mobility-integrated lighting systems, the adoption of cloud-based platforms for lighting control, and improvements in AI-assisted street lighting optimization.
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What Is Behind The Rising Demand In The Street And Roadway Lighting Market?
The street and roadway lighting market is anticipated to expand due to a rise in road transportation. Road transport, which involves the movement of both goods and individuals via roads, creates a greater need for street and roadway lighting. This demand stems from the necessity to enhance road safety for drivers, riders, and pedestrians by improving visibility. For instance, the Department for Transport (DfT), a UK-based government department responsible for overseeing transportation networks, infrastructure, and policy, reported in June 2025 that the total vehicle mileage on Great Britain’s roads reached 35.9 billion miles for the 12-month period ending March 2025. This figure represents a 0.9% year-over-year increase compared to the period ending March 2024. Consequently, the expansion of road transportation is a key driver for the street and roadway lighting market.
Street And Roadway Lighting Market Segment Coverage And Subsegment Analysis
The street and roadway lighting market covered in this report is segmented –
1) By Offerings: Hardware, Software, Services
2) By Lighting Type: Conventional Lighting, Smart Lighting
3) By Light Source: LEDs, Fluorescent Lamps, High-Intensity Discharge Lamps
4) By End User Industry: Highways, Street, Roadways
Subsegments:
1) By Hardware: LED Fixtures, Luminaires, Poles And Mounting Structures, Smart Sensors And Controls
2) By Software: Lighting Management Systems, Monitoring And Control Software, Energy Management Software
3) By Services: Installation Services, Maintenance And Repair Services, Consulting And Design Services
Street And Roadway Lighting Market Future Trends: Where Is The Industry Heading?
Leading companies operating within the street and roadway lighting market are launching solar street lights to maintain their market presence. Solar street lights are outdoor illumination devices powered by solar panels, designed to collect and store sunlight for lighting roads and public places at night. For example, in May 2023, AGC Inc., a glass manufacturing company based in Japan, unveiled the ST57 Solar LED Street Light. The ST57 Solar LED Street Light is a solar street light created to provide environmentally friendly lighting solutions. The ST57 Solar LED Street Light is installed in areas like parking lots, parks, and other public spaces. Its solar panel and fixture head are independent components. It is offered in six distinct power output sizes: 10W, 20W, 30W, 40W, 50W, and 60W. This product features smart control, integrating a microwave, timer, and passive infrared (PIR) sensor.
Street And Roadway Lighting Market Top Players List For 2026
Major companies operating in the street and roadway lighting market are Cree Inc., Acuity Brands Inc., OSRAM Licht AG, Current Lighting Solutions, Syska LED Lights Pvt Ltd., Hubbell Inc., Zumbotel Group, LED roadway lighting Ltd., ClaroLux Landscape Lighting, Forus Electric Private Limited, Koninklijke Philips N V, WS Atkins Plc, Shenzhen GHC Co. Ltd., Lighting Reality Ltd., Schneider Electric, Petra Systems, Eaton Corporation plc, Streetlight.Vision, Philips Lighting, TVILIGHT Projects B.V., General Electric Company, Echelon Corporation, Cyan Technology Ltd., Honeywell International Inc., Bridgelux Inc.
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How Does The Street And Roadway Lighting Market Vary By Region?
Asia-Pacific was the largest region in the street and roadway lighting market in 2025. Asia-Pacific is expected to be the fastest-growing region in the street and roadway lighting market report during the forecast period. The regions covered in the street and roadway lighting market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
