Smart Street Lighting Market Report 2026

The smart street lighting market size has grown exponentially in recent years. It will grow from $2.96 billion in 2025 to $3.56 billion in 2026 at a compound annual growth rate (CAGR) of 20.4%. The growth in the historic period can be attributed to growth in municipal street lighting upgrades, expansion of urban infrastructure projects, reliance on traditional lighting systems, early adoption of led-based lighting, development of centralized streetlight monitoring.

The smart street lighting market size is expected to see exponential growth in the next few years. It will grow to $7.49 billion in 2030 at a compound annual growth rate (CAGR) of 20.4%. The growth in the forecast period can be attributed to increasing deployment of connected streetlight platforms, rising demand for renewable-powered lighting systems, growth in smart city initiatives worldwide, expansion of sensor-based environmental monitoring, development of advanced traffic optimization solutions. Major trends in the forecast period include expansion of IoT-enabled street lighting networks, adoption of energy-efficient led smart lighting, development of autonomous lighting control systems, advancement of AI-based urban monitoring solutions, integration of smart mobility and traffic lighting platforms.

Emerging smart cities are significantly contributing to the growth of the smart street lighting market. A smart city is a municipality that utilizes information and communication technology (ICT) to improve administrative efficiency, provide timely information to the public, and enhance the quality of public services and overall resident well-being. Implementing intelligent lighting helps increase citizen satisfaction by improving safety and security, while also enabling municipalities to achieve substantial savings in energy consumption and lighting maintenance. Additionally, smart lighting solutions allow cities to deliver the appropriate level of street illumination based on local conditions. For example, in March 2024, according to AXA Investment Managers, a France-based investment management firm, the global smart cities sector is projected to reach a valuation of US$3.7 trillion by 2030, signaling strong growth potential and investment opportunities. Therefore, emerging smart cities are driving the expansion of the smart street lighting market.

Leading companies in the smart street lighting market are introducing advanced connected streetlight platforms to strengthen their market position. A connected streetlight platform is an integrated system that enables remote monitoring, control, and efficient data management of streetlights through interconnected technologies. For instance, in October 2023, Telensa, a UK-based provider of smart streetlight solutions, launched Tech-neutral, a connected streetlight platform designed to reduce energy costs and improve asset management efficiency. The Tech-neutral platform uses a hybrid approach, allowing both radio and cellular wireless technologies to operate seamlessly from a unified management dashboard. This system offers enhanced flexibility and customizable smart street lighting solutions suited for diverse geographic regions.

In April 2025, Signify, a Netherlands-based provider of smart lighting systems, connected luminaires, and IoT-enabled lighting solutions, partnered with Cornerstone to deploy a city-wide multi-operator wireless network through street lighting. With this collaboration, Signify aimed to extend its smart street lighting infrastructure into the realm of multi-operator wireless connectivity, enhancing its technological capabilities and expanding its role within smart city ecosystems. Cornerstone is a UK-based provider of multi-operator wireless network infrastructure and neutral-host connectivity solutions supporting smart city and telecommunications networks.

Major companies operating in the smart street lighting market are Hubbell Lighting Inc., GE Lighting, Osram Licht AG, Koninklijke Philips N.V, Acuity Brands Lighting Inc., Eaton Corporation PLC, Schneider Electric SE, CREE Inc., Signify Holding, Telensa Limited, Itron Inc., Suzhou Rongwen KubAI Lighting Systems Co. Ltd., DimOnOff, Echelon Corp., SYSKA LED Lights, Rongwen Group, Havells Ltd., Tvilight Smart City Lighting, Petra Systems Inc., ShanghAI Sansi Technology Co. Ltd., Zumtobel Group, Flashnet, TVILIGHT Projects B.V., Bridgelux Inc., Liveable Cities, Quantela.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have influenced the smart street lighting market by increasing costs for imported LED chips, electronic drivers, communication modules, and sensor components sourced from global suppliers. Municipal, commercial, and industrial sectors in North America, Europe, and Asia-Pacific have experienced higher installation and upgrade costs due to disrupted supply chains. Nevertheless, tariffs are also encouraging local manufacturing of LED fixtures and communication hardware, fostering regional innovation, and enhancing supply chain resilience for long-term smart city development.

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

Smart street lighting is a form of streetlighting designed for general illumination, incorporating technology such as cameras, light-sensing photocells, and various sensors. It serves purposes such as monitoring traffic, parking, pedestrian crossings, seismic activity, and changes in atmospheric conditions.

The primary types of smart street lighting encompass light-emitting diode (LED) lights, compact fluorescent lamps, incandescent lighting, and other related variants. LEDs are semiconductor devices that emit light when an electric current passes through them. Communication technologies utilized include NB-IoT, powerline communication, radio frequency, and others, which leverage both traditional and renewable energy sources, including solar energy. These systems find applications in environmental monitoring, traffic management, smart parking, and other functionalities, serving commercial, residential, and industrial end-users.North America was the largest region in the smart street lighting market in 2025. The regions covered in the smart street lighting market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart street lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart street lighting market consists of sales of wired street lighting and wireless street light. 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.

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.

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