Street And Roadway Lighting Market Report 2026

Street And Roadway Lighting Market Overview

• Street And Roadway Lighting market size has reached to $11.01 billion in 2025 • Expected to grow to $14.93 billion in 2030 at a compound annual growth rate (CAGR) of 6.3% • Growth Driver: Increased Road Transportation Fuels Growth In The Street And Roadway Lighting Market • Market Trend: Solar Street Lights Are Gaining Popularity • Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Street And Roadway Lighting Market?

Street and roadway lighting refers to the illumination systems along highways that generally help in enhancing safety by making roadside hazards more visible and by lessening the impact of glare from other light sources. They are used to improve the safety of vehicles and pedestrians walking on the roadway or street. The major types of street and roadway lighting are conventional lighting and smart lighting. Conventional lighting refers to incandescent lamps, which generate light by quickly heating a metal filament wire until it glows. The major light sources involved are LEDs (Light Emitting Diodes), fluorescent lamps, and high-intensity discharge lamps. Major offerings are hardware, software and services, which are used by various end user industries, such as highways, street and roadways.

What Is The Street And Roadway Lighting Market Growth Forecast?

The street and roadway lighting market size is expected to see strong growth in the next few years. It will grow to $14.93 billion in 2030 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to growing smart city development, increasing energy efficiency regulations, expansion of intelligent lighting networks, rising adoption of adaptive street lighting, growing integration of renewable-powered lighting systems. Major trends in the forecast period include increased deployment of IoT-enabled lighting infrastructure, expansion of sustainable and energy-efficient lighting solutions, growth of smart mobility-integrated lighting systems, adoption of cloud-based lighting control platforms, advancement of AI-assisted street lighting optimization.

Global Street And Roadway Lighting Market Segmentation

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

What Is The Driver Of The Street And Roadway Lighting Market?

Increased road transportation is expected to propel the street and roadway lighting market going forward. Road transport refers to the movement of goods and passengers from one location to another on roads. Increasing road transportation will raise the demand for street and roadway lighting to increase the road safety of drivers, riders and pedestrians by improving visibility. For instance, in June 2025, according to the Department for Transport (DfT), a UK-based government department responsible for overseeing transportation networks, infrastructure, and policy, in the 12-month period ending March 2025, total vehicle mileage on Great Britain’s roads reached 35.9 billion miles, reflecting a 0.9% year-over-year increase compared to the period ending March 2024. Therefore, increased road transportation is driving the street and roadway lighting industry.

Key Players In The Global Street And Roadway Lighting Market

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.

Global Street And Roadway Lighting Market Trends and Insights

Major companies operating in the street and roadway lighting market are introducing solar street lights to sustain their position in the market. Solar street lights are outdoor lighting fixtures powered by solar panels that harness and store sunlight to illuminate roads and public spaces during the 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 a solar street light made for environmentally friendly lighting options. ST57 Solar LED Street Light is installed in parking lots, parks, and other public areas. Solar panel and fixture head are independent components of the ST57 Solar LED Street Light. There are six different sizes that it comes in: 10W, 20W, 30W, 40W, 50W, and 60W power output. It has smart control with a built-in microwave, timer, and passive infrared (PIR) sensor.

What Are Latest Mergers And Acquisitions In The Street And Roadway Lighting Market?

In July 2024, LEOTEK Corporation, a US-based provider of LED lighting solutions for outdoor applications, including street lighting, roadway lighting, and smart city traffic systems, acquired Dialight plc’s traffic business for an undisclosed amount. With this acquisition, LEOTEK aimed to strengthen its position in the street and roadway lighting market, expand its geographic presence in the Americas, and consolidate its product offerings in traffic signaling and smart city lighting solutions. Dialight plc’s traffic business is a UK-based provider of LED roadway lighting, traffic signals, and related smart traffic management solutions.

Regional Outlook

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 this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Street And Roadway Lighting Market?

The street and roadway lighting market consists of revenues earned by entities by providing services such as real time clock (RTC), dimming and remote diagnosis. The market value includes the value of related goods sold by the service provider or included within the service offering. The street and roadway lighting market also includes sales of sodium street lamps, xenon lamps and non-polar street lights which are used in providing street and roadway lighting services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Street And Roadway Lighting Market Report 2026?

The street and roadway lighting market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the street and roadway lighting industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.