Top 20 Global Street Lighting Companies 2025: Market Intelligence & Investment Trends (2024–2035)
RELEASE DATE: Aug 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Street Lighting Market Size is projected to Grow from USD 9.46 Billion in 2024 to USD 13.81 Billion by 2035, at a CAGR of 3.5% during the forecast period 2025–2035. The market for street lighting is growing due to urbanization, energy efficiency demand, government subsidies, growing adoption of LEDs and smart technologies, and heightened priorities for public safety and sustainability.
Introduction
The market for street lighting is the provisioning of light for public roads, highways, and sidewalks, improving nighttime visibility and security. It includes apparatus such as lamps, poles, fixtures, and control systems. As urban areas expand, efficient, extensive street lighting infrastructure becomes ever more crucial. Traditionally, high pressure sodium lamps were the market standard, however, they are rapidly being displaced by sustainable LED options that have longer lifetimes and reduced power requirements. The main drivers of this phenomenon are an interest in reducing energy consumption, lowering carbon emissions, and lowering the cost of running cities. Smart street lighting networks are also increasingly being adopted with capabilities like remote monitoring, brightness adjustment based on adaptation, and interoperability with broader smart city systems. Solar street lights are also emerging stronger with sustainability efforts and government-incentivized subsidized infrastructure development, particularly in areas where grid availability is weak. Policy drivers and incentivization towards green technology are also paving the way for adopting LED and solar street lights. These trends place the market on the path to more growth driven by innovation, urbanization, and eco priorities.
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Street Lighting Market Size & Statistics
- The Market Size for Street Lighting Was Estimated to be worth USD 9.46 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 3.5% between 2025 and 2035.
- The Global Street Lighting Market Size is anticipated to reach USD 13.81 Billion by 2035.
- Asia Pacific is expected to generate the highest demand during the forecast period in the Street Lighting Market
- North America is expected to grow the fastest during the forecast period in the Street Lighting Market.
Regional growth and demand
North America is expected to grow the fastest during the forecast period in the street lighting market. North America growing street lighting market is stimulated by government policies and energy efficiency initiatives. Municipalities and states are adopting sustainability targets and efficiency requirements and are promoting the use of sustainable lighting solutions such as LEDs, which considerably accelerates market growth throughout the region.
Asia Pacific is expected to generate the largest demand during the forecast period in the street lighting market. Asia Pacific is the highest market for street lighting globally, fueled by massive urbanization, large-scale infrastructure development, and strong government initiatives such as India's Smart City Mission and China's urbanization. The regions extensive use of LED and solar lighting, combined with local manufacturing capability, also hastened market dominance and efficient solutions.
Top 10 trends in the Street Lighting Market
- LED technology
- Smart street lights
- IoT & smart city integration
- Sensor technology
- Smart controllers & adaptive lighting
- Solar-powered & off-grid lighting
- Smart poles with multi-functionality
- Aesthetic & customizable design
- AI & predictive maintenance analytics
- Human-centric & high CRI lighting
1. LED technology
LED technology is one of the key trends in street lighting because it is efficient, lasting, and low maintenance. LEDs offer a massive power and carbon saving over traditional lighting. Their versatility also facilitates smart city integration, allowing dimming, motion detection, and simultaneous control to enhance urban lighting efficiency.
2. Smart street lights
Smart streetlights use IoT to facilitate remote monitoring, adjustability to brightness, and simultaneous data exchange. This trend improves energy efficiency, lower maintenance expenditure, increase public safety, and integrate with other urban systems, making for smarter, responsive, and greener city infrastructure.
3. IoT & smart city integration
The trend of IoT and smart city integration connects streetlights to urban networks, facilitating concurrent information exchange and remote control. It improves energy efficiency, traffic monitoring, and public safety, as well as facilitating sustainable city planning and efficient coordination across numerous urban infrastructure systems.
4. Sensor technology
Sensor technology in streetlights allows them to vary brightness according to motion, ambient illumination, and traffic. This conserves energy, prolongs lamp lifespan, and improves safety through illuminated zones only when required, thus making streetlights more effective and sustainable.
5. Smart controllers & adaptive lighting
Smart controllers and adaptive lighting regulate streetlight intensity according to real-time conditions such as weather and traffic. This trend maximizes energy consumption, lowers expenditure, and improves safety by supplying sufficient lighting only when required, promoting sustainability and intelligent urban lighting management.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the street lighting market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 12 Companies Leading the Street Lighting Market
- Acuity Brands
- Cooper Lighting
- Signify Holding
- Eaton
- Osram
- Schreder
- Cree Lighting
- Zumtobel Group
- Hubbell
- Itron Inc.
- Sylvania
- LEOTEK
1. Acuity Brands
Headquarters: Atlanta, Georgia, USA
Acuity Brands is a premier designer and manufacturer of outdoor lighting solutions, including innovative LED street lights, smart controls, and integrated systems marketed under the Lithonia, Holophane, and American Electric Lighting brands. Their smart control technologies consist of the DTL networked photocontrols and ROAM (currently transitioning to StreetMan) facilitating wireless monitoring, dynamic lighting, energy conservation, and ease of maintenance for utilities and municipalities. Acuity brings economical, scalable street lighting and management capabilities to empower smart cities.
2. Cooper Lighting
Headquarters: Peachtree City, Georgia, USA
Cooper Lighting Solutions provides a wide array of outdoor lighting products and smart control systems. Its Trellix Infrastructure platform provides networked control, concurrent monitoring, and urban connectivity to street lighting. Through its Streetworks brand, the company provides customized luminaires, such as decorative, roadway, area, and pathway lighting, designed to be reliable and perform well. As a business unit of Signify, Cooper leads smart, efficient, and scalable lighting solutions integrated into larger smart city programs.
3. Signify Holding
Headquarters: Eindhoven, the Netherlands
Signify Holding is a global leader in lighting solutions, previously known as Philips Lighting. Signify provides innovative street lighting through LED luminaires, intelligent control systems, and IoT platforms such as Interact City, which facilitates remote monitoring, energy optimization, and light management in smart cities. It is known for large-scale connected street lighting deployments worldwide, supported by strong cybersecurity standards.
4. Eaton
Headquarters: Dublin, Ireland
Eaton, in the street lighting industry, provides durable LED and outdoor lighting solutions, such as the Lumark Night Falcon floodlights, to be used in durability, efficiency, and lower maintenance levels. Through its lighting division (previously Cooper Lighting Solutions), Eaton also provides smart infrastructure lighting controls, such as its Trellix Infrastructure platform, which provides remote management, urban connectivity, and smart sensor applications for intelligent public lighting systems.
5. Osram
Headquarters: Premstatten, Styria, Austria
Osram is a leading player in the street lighting market, providing sustainable LED luminaires, smart Street Light Control systems, and smart city lighting infrastructure for remote monitoring, adaptive illumination, and sensor capabilities. With innovations such as the Streetlight 10 LED series and networked lighting for urban settings, Osram assists cities in lowering energy consumption, maximizing lighting efficiency, and facilitating smart urban governance.
Are you ready to discover more about the street lighting market?
The report provides an in-depth analysis of the leading companies operating in the global street lighting market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Acuity Brands
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Cooper Lighting
- Signify Holding
- Eaton
- Osram
- Schreder
- Cree Lighting
- Zumtobel Group
- Hubbell
- Others.
Conclusion
The market for street lighting is transforming rapidly with the shift towards efficient LED technology, smart controls, and IoT connectivity, fueled by urbanization, sustainability efforts, and government encouragement. Pioneering players such as Acuity Brands, Cooper Lighting, Signify, Eaton, and Osram are pushing the boundaries with smart street lighting systems that provide remote monitoring, adaptive dimming, and solar-powered options. These developments improve security, lower operational expenses, and support smart city development, positioning the market for sustained global growth and modernization.
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