Global Street And Roadway Lighting Market Size By Lighting Type, By Light Source, By Wattage Type, By Offering, By End-User Industry, By Geographic Scope And Forecast

Street And Roadway Lighting Market Size And Forecast

Street And Roadway Lighting Market size was valued at USD 11.71 Billion in 2024 and is projected to reach USD 18.65 Billion by 2031, growing at a CAGR of 5.99% from 2024 to 2031.

The several kinds of lighting systems used to illuminate public roads, highways, streets, and other paths are included in the street and roadway lighting market. This market encompasses both contemporary LED and smart lighting technologies as well as conventional lighting systems like metal halide and high-pressure sodium lamps. To improve safety and visibility for bicycles, pedestrians, and cars, these lighting solutions are crucial. The market is further divided into types (smart lighting and traditional lighting), applications (highways, streets, and roadways), and geographical areas.

Global Street And Roadway Lighting Market Drivers

The market drivers for the Street And Roadway Lighting Market can be influenced by various factors. These may include

• Urbanization To maintain residents’ and commuters’ safety and security, there is a growing need for effective and efficient street lighting in metropolitan areas.
• Government efforts The adoption of energy-efficient lighting solutions, such as LEDs, which are frequently used in street lighting, is frequently encouraged by government rules and efforts aiming at energy saving and lowering carbon emissions.
• Technological Developments The replacement of conventional lighting solutions is being fueled by advances in lighting technologies, such as LED and smart lighting systems, which improve energy efficiency, durability, and control capabilities.
• Infrastructure Development The market for street and roadway lighting is growing as a result of the modernization and expansion of transportation infrastructure, which includes roads, highways, and smart city initiatives.
• Safety and Security Concerns Installing and modernizing street lighting systems is largely motivated by the need for well-lit streets in order to prevent crime, reduce accidents, and ensure pedestrian safety.
• Energy Efficiency and Cost Savings Compared to traditional lighting technologies, LED lighting systems offer significant energy savings and lower maintenance costs, making them a desirable alternative for governments and municipalities looking to maximize their budgets.
• The popularity of smart street lighting solutions is fueled by the integration of smart technology, such as sensors, connectivity, and data analytics, which allow for remote monitoring, adaptive lighting settings, and energy efficiency.
• Environmental Awareness The need for sustainable and environmentally friendly lighting solutions in metropolitan contexts is driven by growing awareness of environmental issues, the desire to limit ecological impacts, and the need to eliminate light pollution.
• Infrastructure Modernization Using contemporary, energy-efficient solutions to replace and upgrade outdated street lighting infrastructure in order to comply with current regulations and enhance overall performance.
• Public health considerations Studies showing how lighting affects human health and well-being, including circadian rhythms and sleep patterns, may encourage the use of lighting solutions that limit adverse effects on health while still fulfilling functional needs.

Global Street And Roadway Lighting Market Restraints

Several factors can act as restraints or challenges for the Street And Roadway Lighting Market. These may include

• Expensive Initial Costs Installing street and road lighting systems can be costly, particularly when factoring in the price of fixtures, poles, wiring, and labor.
• Maintenance chargesIn addition to the original outlay, there are continuous maintenance charges that can add up over time. These include energy bills, fixture repairs, and bulb replacements.
• Fast Technological Changes The lighting sector is subject to regular technological breakthroughs, which could cause older systems to become obsolete very quickly. This may put off prospective purchasers who are hesitant to spend money on rapidly aging technology.
• Regulatory Compliance Manufacturers and installers may face difficulties adhering to different rules and specifications. Keeping energy efficiency, light pollution, and environmental impact criteria met can make street and road lighting systems more complex and expensive.
• Environmental Concerns High-pressure sodium lamps and other inefficient technologies that use a lot of energy and could lead to light pollution are frequently used in traditional street lighting systems. This may give rise to worries about the environment and demand for more environmentally friendly and sustainable lighting options.
• Infrastructure Restrictions In certain places, especially in rural or impoverished areas, the installation of cutting-edge street lighting systems may be hampered by the absence of suitable infrastructure, such as reliable internet access or electrical grids, which could restrict market expansion.
• Budget Restrictions Government agencies and municipalities in charge of installing street lighting frequently have limited funds, which might limit expenditure on new or upgraded lighting initiatives.
• Security Concerns There may be cybersecurity hazards associated with the integration of smart lighting systems, which are becoming more and more prevalent in contemporary street lighting projects. Adoption in some areas may be slowed by worries about data privacy and the vulnerability of networked lighting systems.

Global Street And Roadway Lighting Market Segmentation Analysis

The Global Street And Roadway Lighting Market is Segmented on the basis of Lighting Type, Light Source, Wattage Type, Offering, End-User Industry, And Geography.

Street and Roadway Lighting Market, By Lighting Type

• Conventional Lighting
• Smart Lighting

<span data-sheets-userformat='{"2"12865,"3"{"1"0},"9"0,"12"0,"15""Calibri","16"12}' data-sheets-value='{"1"2,"2""Global Street and Roadway Lighting Market Size and Forecast\r\nA requirement of upgrading visibility and safety of the driver, pedestrians, and riders, expansion of Smart Cities, increasing demand for energy-efficient lighting systems, and growing demand for intelligent solutions in street lighting systems have been boosting the global street and roadway lighting market.\r\nGlobal Street and Roadway Lighting Market Definition\r\nStreet and Roadway Lighting are important to provide an energy-efficient lighting system that meets the standard design criteria for roadway lighting. It delivers adequate and uniform lighting on the roads for the security of both pedestrians and drivers. Quality of street and roadway lighting is essential for defining the urban character and supporting nightlife activities. Street light may be a raised source of sunshine on the sting of a road, which is especially wont to provide light. Streetlighting plays an important role in the safety and security of our streets and public places. Street lighting is extensively used in highways and roadways in order to illuminate the driving route safe and convenient at night. Different types of street lighting are used like fluorescent light, mercury vapor light, induction light, metal halide light, LED (LED), and lots more. Apart from highways street and roadway lighting is also used for commercial, industrial, and residential purposes mainly in gardens, hotels, and bridges. \r\nGlobal Street and Roadway Lighting Market Overview\r\nThe growth of the street and roadway lighting market is attributed to the rising need for improvement in visibility and safety of drivers, riders, and pedestrians, growing urbanization, and increasing awareness regarding energy-efficient lighting systems. Also, the government orders on energy consumption in most of the countries are promoting the growth of the global street and roadway lighting market. Moreover, increasing demand for clean and renewable energy, low maintenance costs, and easy setup of the lights are expected to propel the market growth over the forecast period. Furthermore, various street lighting manufacturers are undertaking extensive research and development activities to address several issues such as longer life, low energy consumption, accurate color rendering, light pollution, low electric losses, and environment-friendly nature of the lights. These have positively anticipated in propelling the growth of the global street and roadway lighting market.\r\nThere are certain hurdles and obstacles faced that will hinder the overall market growth. The factors such as high installation costs of smart lighting and lack of awareness about the payback period are limiting the market growth. Also, lack of customer ownership in utility-owned street lighting, lack of common open standards, and complex integrated systems is the potential restraints hampering the overall growth of the global market. Nevertheless, the advancements in technologies such as the development of wireless technology for street lighting systems, IOT Technology in Smart street lighting, and untapped potential in emerging markets offer favorable growth opportunities.\r\nGlobal Street and Roadway Lighting Market by Lighting Type\r\n•\tConventional Lighting\r\n•\tSmart Lighting\r\nBased on Lighting Type, the market is bifurcated into Conventional Lighting and Smart Lighting. The smart lighting segment is projected to grow at the highest CAGR during the forecast period. The factors that can be attributed to the adoption of smart lighting is growing rapidly with the growth of industries and cities. Smart street lighting is now an integral part of networked urban infrastructure.\r\nGlobal Street and Roadway Lighting Market by Light Source\r\n•\tLEDs\r\n•\tHID Lamps\r\n•\tMercury Vapor Lamps (MVL)\r\n•\tHigh-Pressure Sodium (HPS) Lamps\r\n•\tMetal Halides and Induction Lamps\r\n•\tFluorescent Lights\r\nBased on Light Source, the market is bifurcated into LEDs, HID Lamps, Mercury Vapor Lamps (MVL), High-Pressure Sodium (HPS) Lamps, Metal Halides and Induction Lamps, Fluorescent Lights. The LED lights segment holds the largest market share during the forecast period. The factors that can be attributed to the increasing adoption of LED lights and luminaires across various outdoor lighting applications such as highways, roadways, bridges, and tunnels are fueling the demand for this segment.\r\nGlobal Street and Roadway Lighting Ma