Backed by market attractiveness analysis, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, wider supply chain intelligence, emerging startup coverage, and detailed product-level insights, The Business Research Company’s 2026 market reports are designed to offer research that is more actionable and strategically valuable than ever.
Street And Roadway Lighting Market Growth From $11.71 Billion In 2026 To $14.93 Billion By 2030 At A CAGR Of 6.3%
The street and roadway lighting market size has experienced significant expansion in recent years. This market is projected to increase from $11.01 billion in 2025 to $11.71 billion in 2026, registering a compound annual growth rate (CAGR) of 6.4%. The factors behind its historical growth include the widespread installation of conventional street lighting systems, the continuous expansion of roadways, the early adoption of LED-based lighting solutions, an escalating focus on pedestrian safety, and various government-led roadway electrification programs.
The street and roadway lighting market is anticipated to experience robust growth in the coming years, with its size forecast to reach $14.93 billion in 2030, demonstrating a compound annual growth rate (CAGR) of 6.3%. This expansion during the forecast period is driven by factors such as the increasing development of smart cities, tighter energy efficiency regulations, the broader establishment of intelligent lighting networks, a surge in the adoption of adaptive street lighting, and the expanding integration of renewable-powered lighting systems. Significant trends expected during this period include a greater deployment of IoT-enabled lighting infrastructure, the proliferation of sustainable and energy-efficient lighting solutions, the rise of smart mobility-integrated lighting systems, the adoption of cloud-based lighting control platforms, and advancements in AI-assisted street lighting optimization.
Get A Free Sample Report With In-Depth Market Insights:
Street And Roadway Lighting Market Industry Drivers: What’s Behind The Revenue Growth?
The street and roadway lighting market is anticipated to be propelled by an increase in road transportation. Road transport refers to the movement of goods and passengers from one location to another on roads. A rise in road transportation will consequently increase the demand for street and roadway lighting, improving visibility and thereby enhancing the road safety of drivers, riders, and pedestrians. For instance, in June 2025, the Department for Transport (DfT), a UK-based government department responsible for overseeing transportation networks, infrastructure, and policy, reported that total vehicle mileage on Great Britain’s roads reached 35.9 billion miles in the 12-month period ending March 2025, showing a 0.9% year-over-year increase compared to the period ending March 2024. Therefore, increased road transportation is a significant driver for the street and roadway lighting market.
Street And Roadway Lighting Market Segment Breakdown: Which Categories Lead On Revenue?
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 Growth Trends: What’s Shaping The Future Outlook?
Leading companies in the street and roadway lighting market are introducing solar street lights to maintain their market position. These solar street lights are outdoor luminaires that use solar panels to gather and store sunlight, providing illumination for roads and public spaces at night. For instance, in May 2023, AGC Inc., a Japan-based glass manufacturing company, launched the ST57 Solar LED Street Light. The ST57 Solar LED Street Light is engineered to be an environmentally friendly lighting solution. It is installed in various public settings such as parking lots, parks, and other common areas. The ST57 Solar LED Street Light features independent solar panel and fixture head components. It is offered in six distinct power outputs: 10W, 20W, 30W, 40W, 50W, and 60W. Furthermore, it incorporates smart control capabilities with a built-in microwave, timer, and passive infrared (PIR) sensor.
Street And Roadway Lighting Market Leading Players And Competitive Positioning
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.
View The Full Street And Roadway Lighting Market Report:
Street And Roadway Lighting Market Top Region: Where Does Most Revenue Come From?
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.
Reach Out To Our Team:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas: +1 310-496-7795
Asia: +44 7882 955267 & +91 8897263534
Europe: +44 7882 955267
Email us at: marketing@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
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.
