Street and Roadway Lighting Market - Global Forecast to 2036

Street and Roadway Lighting Market by Lighting Type (Conventional, and Smart), Light Source (LEDs, Fluorescent Lights, and HID Lamps), Wattage Type (<50W, 50W – 150W, and >150w), End User, Offering, and Region - Global Forecast to 2036

Report Code: SE 4987 Jun, 2026, by marketsandmarkets.com

Street and Roadway Lighting Market Summary

The Street and Roadway Lighting Market is undergoing a significant transformation as cities and governments worldwide shift toward energy-efficient, smart, and connected lighting infrastructure. In 2025, the market size is estimated to be in the range of USD 10.0–12.0 billion and is projected to reach approximately USD 22.0–26.0 billion by 2036, growing at a CAGR of around 6%–8% during the forecast period. This growth is largely driven by rapid urbanization, increasing investments in smart city projects, and the global push for energy conservation and carbon reduction.

The integration of artificial intelligence (AI), Internet of Things (IoT), and automation is revolutionizing street and roadway lighting systems. Smart lighting solutions equipped with sensors and connectivity features enable real-time monitoring, adaptive brightness control, and predictive maintenance. IoT-enabled lighting networks are becoming a critical component of smart city ecosystems, supporting traffic management, public safety, and environmental monitoring. As digital transformation accelerates across urban infrastructure, the adoption of intelligent roadway lighting systems is expected to rise significantly.

Key Market Trends & Insights

The Street and Roadway Lighting Market is led by Europe, where strong regulatory frameworks and sustainability goals are driving the adoption of energy-efficient lighting solutions. Asia Pacific is the fastest-growing region, supported by rapid urbanization, large-scale infrastructure development, and increasing government investments in smart cities. North America also holds a significant share due to early adoption of smart lighting technologies and ongoing modernization of public infrastructure.

LED lighting dominates the market due to its superior energy efficiency, long lifespan, and low maintenance requirements compared to traditional lighting technologies such as high-pressure sodium (HPS) and metal halide lamps. Emerging trends include the integration of smart poles, which combine lighting with communication, surveillance, and environmental sensors.

AI and automation are playing a crucial role in optimizing lighting systems by enabling adaptive lighting based on traffic flow, weather conditions, and time of day. These technologies are not only improving energy efficiency but also enhancing public safety and reducing operational costs. The increasing adoption of renewable energy-powered lighting systems, such as solar streetlights, is further shaping market dynamics.

Market Size & Forecast

  • Base year market size (2025): USD 10.0–12.0 billion
  • Forecast value by 2036: USD 22.0–26.0 billion
  • CAGR: 6%–8%
  • Growth is driven by smart city initiatives, increasing adoption of LED lighting, and integration of AI and IoT technologies for intelligent infrastructure

Street and Roadway Lighting Market Top 10 key takeaway

  • LED lighting dominates due to energy efficiency and long lifespan
  • Market expected to grow steadily with up to 8% CAGR
  • Europe leads due to strict environmental regulations
  • Asia Pacific is the fastest-growing region with rapid urbanization
  • Smart lighting systems are gaining widespread adoption
  • AI enables adaptive and predictive lighting management
  • IoT integration supports connected urban infrastructure
  • Solar-powered lighting solutions are emerging as sustainable options
  • Government investments in smart cities drive market growth
  • Automation reduces maintenance costs and improves efficiency

Product Insights

LED luminaires represent the leading product segment in the Street and Roadway Lighting Market, accounting for the majority of installations globally. Their dominance is attributed to their high energy efficiency, durability, and ability to provide consistent illumination with minimal maintenance. Compared to traditional lighting technologies, LED luminaires consume significantly less power and offer longer operational lifespans, making them highly cost-effective over time.

The growing adoption of smart lighting systems has further strengthened the position of LED-based solutions. These systems incorporate sensors, controllers, and communication modules, enabling features such as dimming, remote monitoring, and fault detection. As municipalities aim to reduce energy consumption and operational costs, the transition from conventional lighting to LED-based smart systems is accelerating.

Emerging product categories include solar-powered streetlights and smart poles equipped with multiple functionalities such as surveillance cameras, Wi-Fi hotspots, and environmental sensors. AI integration is enhancing these products by enabling real-time data analysis and adaptive lighting control, ensuring optimal performance under varying conditions.

Technology / Component Insights (Rename based on keyword if needed)

The Street and Roadway Lighting Market is driven by advancements in lighting technologies, connectivity solutions, and control systems. Key components include LED modules, drivers, sensors, and communication networks. LED technology forms the backbone of modern lighting systems, offering high efficiency and flexibility in design.

Artificial intelligence is transforming lighting systems by enabling predictive maintenance, adaptive brightness control, and energy optimization. AI algorithms analyze data from sensors to adjust lighting levels based on traffic density, weather conditions, and ambient light. This not only improves energy efficiency but also enhances road safety.

IoT plays a critical role in enabling connected lighting systems. IoT-enabled streetlights can communicate with central management platforms, allowing real-time monitoring and control. Cloud-based systems further enhance functionality by providing data analytics and remote management capabilities.

Automation is streamlining installation and maintenance processes, reducing operational costs and improving system reliability. Future innovation trends include the integration of 5G connectivity, advanced sensors, and renewable energy sources, which are expected to further enhance the capabilities of smart lighting systems.

Application Insights

Roadways and highways represent the leading application segment in the Street and Roadway Lighting Market, driven by the need for safe and efficient transportation infrastructure. Proper lighting is essential for reducing accidents, improving visibility, and ensuring smooth traffic flow, making it a critical component of urban and rural infrastructure.

Urban streets and public spaces are also significant application areas, with municipalities investing in smart lighting solutions to enhance public safety and improve energy efficiency. The adoption of smart poles in urban areas is enabling multifunctional infrastructure that supports communication, surveillance, and environmental monitoring.

Future opportunities lie in smart city applications, where street lighting systems are integrated with other urban infrastructure components such as traffic management systems and public safety networks. The increasing focus on sustainability is also driving the adoption of solar-powered lighting solutions, particularly in remote and off-grid areas.

Regional Insights

Europe leads the Street and Roadway Lighting Market, driven by stringent environmental regulations, strong government support, and widespread adoption of energy-efficient lighting technologies. The region’s focus on reducing carbon emissions and promoting sustainability is accelerating the transition to LED and smart lighting systems.

North America follows with significant market share, supported by ongoing infrastructure modernization and early adoption of smart lighting technologies. The region is also witnessing increased investments in smart city projects, further driving demand for advanced lighting solutions.

Asia Pacific is the fastest-growing region, fueled by rapid urbanization, expanding infrastructure, and strong government initiatives promoting smart city development. Countries such as China, India, and Japan are investing heavily in modernizing their lighting infrastructure to support economic growth and urban expansion.

  • Europe dominates due to sustainability regulations and policies
  • North America drives innovation and smart lighting adoption
  • Asia Pacific is the fastest-growing region with infrastructure expansion
  • Government initiatives support smart city development
  • Rising urbanization increases demand for efficient lighting systems

Country-Specific Market Trends

In Asia Pacific, China leads the market with a CAGR of approximately 7%–9%, driven by large-scale urban development and government-backed smart city projects. Japan follows with a CAGR of around 6%–8%, focusing on advanced lighting technologies and energy efficiency.

In North America, the United States dominates with a CAGR of 6%–7%, supported by infrastructure upgrades and adoption of smart lighting systems. Canada and Mexico are also experiencing steady growth due to increasing investments in public infrastructure.

In Europe, Germany and France are key markets, with CAGR ranging between 5%–7%. These countries are leveraging strong regulatory frameworks and sustainability initiatives to drive adoption of LED and smart lighting solutions.

  • China leads in infrastructure development and smart city projects
  • Japan focuses on innovation and energy-efficient lighting
  • United States drives smart lighting adoption and modernization
  • Germany and France lead sustainability-driven adoption in Europe
  • Government policies play a crucial role in market growth

Key Street and Roadway Lighting Market Company Insights

The Street and Roadway Lighting Market is highly competitive, with major players focusing on innovation, sustainability, and smart technology integration. Leading companies include Signify (Philips Lighting), Acuity Brands, Osram Licht AG, Cree Lighting, Hubbell Incorporated, Eaton Corporation, and Zumtobel Group.

These companies are investing in research and development to enhance product performance and integrate advanced technologies such as AI and IoT into lighting systems. Smart lighting platforms and connected solutions are becoming key differentiators, enabling companies to offer value-added services such as remote monitoring and energy management.

Strategic partnerships with governments, municipalities, and technology providers are driving market expansion and enabling large-scale deployment of smart lighting systems. Companies are also focusing on sustainability by developing energy-efficient products and reducing carbon footprints.

  • Strong focus on R&D and innovation
  • AI and IoT integration enhance product capabilities
  • Strategic partnerships drive large-scale deployments
  • Companies targeting smart city and infrastructure projects
  • Sustainability and energy efficiency are key priorities

Recent Developments

The Street and Roadway Lighting Market has witnessed several notable developments in recent years. Leading companies have launched advanced smart lighting systems equipped with AI-driven analytics and IoT connectivity, enabling real-time monitoring and adaptive control.

Additionally, partnerships between lighting manufacturers and smart city solution providers are accelerating the deployment of connected lighting infrastructure. Governments are also increasing investments in energy-efficient lighting projects, supporting the transition to LED and smart lighting technologies.

Market Segmentation

The Street and Roadway Lighting Market is segmented based on product, technology, application, and region. By product, the market includes LED luminaires, conventional lighting, and solar-powered lighting systems, with LED luminaires dominating due to their efficiency and longevity.

By technology, the market includes smart lighting systems, sensors, and connectivity solutions, which are essential for enabling intelligent lighting infrastructure. In terms of application, roadways and highways lead the market, followed by urban streets, public spaces, and smart city applications. Regionally, the market is divided into Europe, North America, Asia Pacific, and the Rest of the World, with Asia Pacific expected to witness the highest growth during the forecast period.

  • LED luminaires dominate the product segment
  • Smart lighting technologies drive innovation
  • Roadways and highways remain the largest application segment
  • Urban and smart city applications show strong growth potential
  • Asia Pacific expected to lead future market expansion

Conclusion

The Street and Roadway Lighting Market is poised for steady growth through 2036, driven by increasing adoption of energy-efficient and smart lighting solutions. The integration of AI, IoT, and automation is transforming traditional lighting systems into intelligent infrastructure, enhancing efficiency, safety, and sustainability.

As cities continue to evolve into smart ecosystems, street and roadway lighting will play a critical role in supporting connected infrastructure and improving quality of life. Businesses that invest in advanced technologies and sustainable solutions will be well-positioned to capitalize on the opportunities in this growing market.

FAQs

1. What is the current size of the Street and Roadway Lighting Market?
The market size is estimated to be between USD 10.0–12.0 billion in 2025.

2. What is the expected growth rate of the market?
The market is projected to grow at a CAGR of 6%–8% from 2025 to 2036.

3. What are the key drivers of market growth?
Key drivers include smart city initiatives, adoption of LED lighting, and integration of AI and IoT technologies.

4. Which region leads the market?
Europe currently leads the market due to strong sustainability regulations and policies.

5. Who are the key players in the market?
Major companies include Signify, Acuity Brands, Osram Licht AG, Cree Lighting, Hubbell Incorporated, Eaton Corporation, and Zumtobel Group.

 
 

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Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Scope of the Study
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Opportunities for the Global Street and Roadway Lighting Market
    4.2 Market, By Lighting Type
    4.3 Market, By Wattage Type
    4.4 Market, By Offering
    4.5 Market, By Geography
    4.6 Life Cycle Analysis, By Light Source

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics: Street and Roadway Lighting Market
           5.3.1 Drivers
                    5.3.1.1 Need for Improvement in Visibility and Safety of Drivers, Riders, and Pedestrians
                    5.3.1.2 Modernization and Development of Infrastructure Such as Smart Cities
                    5.3.1.3 Need for Energy-Efficient Lighting Systems
                    5.3.1.4 Increased Demand for Intelligent Solutions in Street Lighting Systems
                    5.3.1.5 Increasing Penetration of LED Lights and Luminaires in Outdoor Lighting
           5.3.2 Restraints
                    5.3.2.1 Lack of Awareness About the Payback Period
                    5.3.2.2 High Installation Cost of Smart Lighting
           5.3.3 Opportunities
                    5.3.3.1 Energy Efficiency in Developing Economies
                    5.3.3.2 Development of Wireless Technology for Street Lighting Systems
                    5.3.3.3 Iot Technology in Smart Street Lighting
           5.3.4 Challenges
                    5.3.4.1 Lack of Common Open Standards
                    5.3.4.2 Rapidly Rising Product Testing Cost
                    5.3.4.3 Lack of Customer Ownership in Utility-Owned Street Lighting

6 Industry Trends (Page No. - 47)
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Research and Product Development
           6.2.2 Raw Material/Component Suppliers
           6.2.3 Manufacturers and Assemblers
           6.2.4 Key Technology Providers/System Integrators
           6.2.5 Distributors and Sellers
           6.2.6 End Users
    6.3 Key Industry Trends
    6.4 Porter’s Five Forces
           6.4.1 Bargaining Power of Suppliers
           6.4.2 Bargaining Power of Buyers
           6.4.3 Threat of New Entrants
           6.4.4 Threat of Substitutes
           6.4.5 Intensity of Competitive Rivalry

7 Street and Roadway Lighting Market, By Lighting Type (Page No. - 57)
    7.1 Introduction
    7.2 Conventional Lighting
    7.3 Smart Lighting
           7.3.1 Communication Technology
                    7.3.1.1 Wired Technology
                    7.3.1.2 Wireless Technology

8 Street and Roadway Lighting Market, By Light Source (Page No. - 61)
    8.1 Introduction
    8.2 LEDs
    8.3 Fluorescent Lights
    8.4 HID Lamps
           8.4.1 Mercury Vapor Lamps (MVL)
           8.4.2 High-Pressure Sodium (HPS) Lamps
           8.4.3 Metal Halides and Induction Lamps

9 Street and Roadway Lighting Market, By Wattage Type (Page No. - 67)
    9.1 Introduction
    9.2 Less Than 50W
    9.3 Between 50W and 150W
    9.4 More Than 150W

10 Street and Roadway Lighting Market, By End User (Page No. - 72)
     10.1 Introduction
     10.2 Highways
     10.3 Street and Roadways
     10.4 Others (Bridges and Tunnels)

11 Street and Roadway Lighting Market, By Offering (Page No. - 77)
     11.1 Introduction
     11.2 Hardware
             11.2.1 Lights and Bulbs
             11.2.2 Luminaires
             11.2.3 Control Systems
     11.3 Software
     11.4 Services
             11.4.1 Pre-Installation
                        11.4.1.1 Design and Installation
             11.4.2 Post-Installation
                        11.4.2.1 Maintenance and Support

12 Geographic Analysis (Page No. - 85)
     12.1 Introduction
     12.2 Americas
             12.2.1 North America
                        12.2.1.1 U.S.
                                     12.2.1.1.1 Adoption of LEDs Over Conventional Street and Roadway Lighting
                        12.2.1.2 Canada
                                     12.2.1.2.1 Growing Adoption of LED Lighting Systems
             12.2.2 Latin America
                        12.2.2.1 Brazil
                        12.2.2.2 Rest of Latin America
                                     12.2.2.2.1 Mexico
                                                    12.2.2.2.1.1 Use of Energy-Efficient Street Lighting Solutions
     12.3 Europe
             12.3.1 Germany
                        12.3.1.1 Increasing Penetration of LED Lights and Luminaires in Outdoor Lighting
             12.3.2 France
                        12.3.2.1 Focus on Energy-Efficient Street and Roadways Lighting Systems
             12.3.3 U.K.
                        12.3.3.1 Government Regulations for Reducing Emissions and Adoption of Street and Roadways Lighting
             12.3.4 Italy
                        12.3.4.1 LED Lights and Luminaires are the Major Drivers for the Street and Roadway Lighting Market
             12.3.5 Rest of Europe
                        12.3.5.1 Spain
                                     12.3.5.1.1 Growing Awareness About Energy Conservation
                        12.3.5.2 Netherlands
     12.4 APAC
             12.4.1 China
                        12.4.1.1 Graphene-Enhanced Street Lighting LED Fixtures
             12.4.2 Japan
                        12.4.2.1 Increasing Penetration of LED Lighting
             12.4.3 India
                        12.4.3.1 Implementation of LED Lights and Luminaires in Street Lighting
             12.4.4 Rest of APAC
                        12.4.4.1 South Korea
                        12.4.4.2 Australia
                                     12.4.4.2.1 Installation of Smart Street Lighting Systems
     12.5 RoW
             12.5.1 Middle East
             12.5.2 Africa
                        12.5.2.1 Adoption of Renewable Energy Sources in Street and Roadway Lighting

13 Competitive Landscape (Page No. - 115)
     13.1 Introduction
     13.2 Ranking of Market Players, 2015
     13.3 Competitive Situations and Trends
             13.3.1 New Product Launches
             13.3.2 Contracts and Agreements
             13.3.3 Mergers & Acquisitions

14 Company Profiles (Page No. - 121)
     14.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
     14.2 Koninklijke Philips N.V. (Royal Philips)
     14.3 Cree, Inc.
     14.4 General Electric Company (GE)
     14.5 Eaton Corporation PLC
     14.6 Osram Licht AG
     14.7 Acuity Brands, Inc.
     14.8 Hubbell Incorporated
     14.9 Kingsun Optoelectronic Co., Ltd.
     14.10 Thorn Lighting
     14.11 LED Roadway Lighting Ltd.
     14.12 Syska LED
     14.13 Virtual Extension
     14.14 Key Innovators

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 153)
     15.1 Insights of Industry Experts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.4 Introducing RT: Real-Time Market Intelligence
     15.5 Available Customizations
     15.6 Related Reports
     15.7 Author Details


List of Tables (69 Tables)

Table 1 Street and Roadway Lighting Market, By Lighting Type
Table 2 Market: By Light Source
Table 3 Market: By Wattage Type
Table 4 Market: By End User
Table 5 Market: By Offering
Table 6 Some of the Successful Street Lighting Projects in the U.K. and Germany
Table 7 Energy-Efficient, Ecological, and Cost-Effective Street Lighting System—Leading Trend Among Key Market Players
Table 8 Market, By Lighting Type, 2013–2022 (USD Million)
Table 9 Market for Conventional Lighting, By Region, 2013–2022 (USD Million)
Table 10 Market for Smart Lighting, By Region, 2013–2022 (USD Million)
Table 11 Market, By Light Source, 2013–2022 (USD Million)
Table 12 Market, By Light Source, 2013–2022 (Million Units)
Table 13 Market for LEDs, By Region, 2013–2022 (USD Million)
Table 14 Market for Fluorescent Lights, By Region, 2013–2022 (USD Million)
Table 15 Market for HID Lamps, By Region, 2013–2022 (USD Million)
Table 16 Market, By Wattage Type, 2013–2022 (USD Million)
Table 17 Market for Less Than 50W Type, By Region, 2013–2022 (USD Million)
Table 18 Street and Roadway Lighting Market for Between 50W and 150W Type, By Region, 2013–2022 (USD Million)
Table 19 Market for More Than 150W Type, By Region, 2013–2022 (USD Million)
Table 20 Market, By End User, 2013–2022 (USD Million)
Table 21 Street and Roadway Lighting Market for Highways, By Region, 2013–2022 (USD Million)
Table 22 Market for Street and Roadways, By Region, 2013–2022 (USD Million)
Table 23 Market for Other End Users, By Region, 2013–2022 (USD Million)
Table 24 Street and Roadway Lighting Market, By Offering, 2013–2022 (USD Million)
Table 25 Market, By Hardware, 2013–2022 (USD Million)
Table 26 Market for Hardware, By Region, 2013–2022 (USD Million)
Table 27 Market for Lights and Bulbs, By Region, 2013–2022 (USD Million)
Table 28 Market for Luminaires, By Region, 2013–2022 (USD Million)
Table 29 Market for Control Systems, By Region, 2013–2022 (USD Million)
Table 30 Street and Roadway Lighting Market for Software, By Region, 2013–2022 (USD Million)
Table 31 Market for Services, By Region, 2013–2022 (USD Million)
Table 32 Market, By Region, 2013–2022 (USD Million)
Table 33 Market in Americas, By Lighting Type, 2013–2022 (USD Million)
Table 34 Street and Roadway Lighting Market in Americas, By Light Source, 2013–2022 (USD Million)
Table 35 Market in Americas, By Light Source, 2013–2022 (Million Units)
Table 36 Market in Americas, By Wattage Type, 2013–2022 (USD Million)
Table 37 Market in Americas, By End User, 2013–2022 (USD Million)
Table 38 Market in Americas, By Offering, 2013–2022 (USD Million)
Table 39 Market in Americas, By Hardware, 2013–2022 (USD Million)
Table 40 Street and Roadway Lighting Market in Americas, By Region, 2013–2022 (USD Million)
Table 41 Market in North America, By Region, 2013–2022 (USD Million)
Table 42 Market in Latin America, By Region, 2013–2022 (USD Million)
Table 43 Street and Roadway Lighting Market in Europe, By Lighting Type, 2013–2022 (USD Million)
Table 44 Market in Europe, By Light Source, 2013–2022 (USD Million)
Table 45 Market in Europe, By Light Source, 2013–2022 (Million Units)
Table 46 Market in Europe, By Wattage Type, 2013–2022 (USD Million)
Table 47 Market in Europe, By End User, 2013–2022 (USD Million)
Table 48 Market in Europe, By Offering, 2013–2022 (USD Million)
Table 49 Market in Europe, By Hardware, 2013–2022 (USD Million)
Table 50 Market in Europe, By Country, 2013–2022 (USD Million)
Table 51 Market in APAC, By Lighting Type, 2013–2022 (USD Million)
Table 52 Street and Roadway Lighting Market in APAC, By Light Source, 2013–2022 (USD Million)
Table 53 Market in Americas, By Light Source, 2013–2022 (Million Units)
Table 54 Street and Roadway Lighting Market in APAC, By Wattage Type, 2013–2022 (USD Million)
Table 55 Market in APAC, By End User, 2013–2022 (USD Million)
Table 56 Market in APAC, By Offering, 2013–2022 (USD Million)
Table 57 Market in APAC, By Hardware, 2013–2022 (USD Million)
Table 58 Market in APAC, By Country, 2013–2022 (USD Million)
Table 59 Market in RoW, By Lighting Type, 2013–2022 (USD Million)
Table 60 Market in RoW, By Light Source, 2013–2022 (USD Million)
Table 61 Market in RoW, By Light Source, 2013–2022 (Million Units)
Table 62 Market in RoW, By Wattage Type, 2013–2022 (USD Million)
Table 63 Market in RoW, By End User, 2013–2022 (USD Million)
Table 64 Market in RoW, By Offering, 2013–2022 (USD Million)
Table 65 Market in RoW, By Hardware, 2013–2022 (USD Million)
Table 66 Market in RoW, By Region, 2013–2022 (USD Million)
Table 67 New Product Launches in the Street and Roadway Lighting Market, 2015–2016
Table 68 Contracts and Agreements in the Market, 2015–2016
Table 69 Mergers & Acquisitions in the Market, 2015–2016


List of Figures (67 Figures)

Figure 1 Street and Roadway Lighting Market Segmentation
Figure 2 Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Conventional Lighting Currently Holds the Largest Share of the Market
Figure 7 LEDs Expected to Hold the Largest Size of the Market By 2022
Figure 8 50W–150W Wattage Type Expected to Grow at the Highest Rate During the Forecast Period
Figure 9 Street and Roadways Expected to Hold the Largest Share of the Market During the Forecast Period
Figure 10 Services Expected to Be the Fastest-Growing Segment in the Market During the Forecast Period
Figure 11 Americas Held the Largest Share of the Market in 2016
Figure 12 Decreasing Prices of LEDs Expected to Drive the Global Market During the Forecast Period
Figure 13 Market for Smart Lighting Expected to Grow at the Highest Rate During the Forecast Period
Figure 14 50W–150W Wattage Type Expected to Dominate the Global Market During the Forecast Period
Figure 15 Market for Services Expected to Grow at the Highest Rate During the Forecast Period
Figure 16 Americas Expected to Lead the Market During the Forecast Period
Figure 17 China Held the Largest Share of the Market in APAC in 2015
Figure 18 LEDs Expected to Be in the Growth Phase During the Forecast Period in the Market
Figure 19 Market, By Geography
Figure 20 Energy-Efficient Street Lighting Project Cycle
Figure 21 Reduction in LED Prices
Figure 22 Market: Value Chain Analysis
Figure 23 Porter’s Five Forces Analysis for the Market
Figure 24 Porter’s Five Forces Analysis: Threat of New Entrants Likely to Have A Medium Impact on the Overall Market
Figure 25 Porter’s Five Forces: Impact Analysis
Figure 26 Bargaining Power of Suppliers in the Street and Roadway Lighting Market, 2016
Figure 27 Bargaining Power of Buyers in the Market, 2016
Figure 28 Threat of New Entrants in the Market, 2016
Figure 29 Threat of Substitutes in the Market, 2016
Figure 30 Intensity of Competitive Rivalry in the Market, 2016
Figure 31 Market, By Lighting Type
Figure 32 Street and Roadway Lighting Market, By Light Source
Figure 33 Market for LEDs in APAC Expected to Grow at the Highest Rate During the Forecast Period
Figure 34 Market, By Wattage Type
Figure 35 Market, By End User
Figure 36 Market for Street and Roadways in APAC Expected to Grow at the Highest Rate During the Forecast Period
Figure 37 Street and Roadway Lighting Market, By Offering
Figure 38 Hardware Segment Expected to Hold the Largest Share of the Market During the Forecast Period
Figure 39 Luminaires Expected to Hold the Largest Share of the Market During the Forecast Period
Figure 40 Market, By Region
Figure 41 Geographic Snapshot: APAC Expected to Emerge as A Key Growth Region in the Street Market During the Forecast Period
Figure 42 Americas: Market Snapshot
Figure 43 LEDs Expected to Hold the Largest Share of the Market in Americas During the Forecast Period
Figure 44 Europe: Market Snapshot
Figure 45 Hardware Component Expected to Hold the Largest Size of the Market in Europe During the Forecast Period
Figure 46 APAC: Market Snapshot
Figure 47 Market in India Expected to Grow at the Highest Rate During the Forecast Period
Figure 48 Conventional Lighting Presently Holds the Largest Share of the Market in RoW
Figure 49 Companies Adopted New Product Launches as the Key Growth Strategy Between 2014 and 2016
Figure 50 Ranking of Top Players in the Market, 2015
Figure 51 Market Evaluation Framework: New Product Launches Fueled Growth and Innovation Between 2014 and 2016
Figure 52 Battle for Market Share: New Product Launches Was the Key Strategy Adopted Between 2014 and 2016
Figure 53 Geographic Revenue Mix of Major Players in the Market, 2015
Figure 54 Koninklijke Philips N.V.: Company Snapshot
Figure 55 Koninklijke Philips N.V.: SWOT Analysis
Figure 56 Cree, Inc.: Company Snapshot
Figure 57 Cree, Inc.: SWOT Analysis
Figure 58 General Electric Company: Company Snapshot
Figure 59 General Electric Company: SWOT Analysis
Figure 60 Eaton Corporation PLC: Company Snapshot
Figure 61 Eaton Corporation PLC: SWOT Analysis
Figure 62 Osram Licht AG: Company Snapshot
Figure 63 Osram Licht AG: SWOT Analysis
Figure 64 Acuity Brands, Inc.: Company Snapshot
Figure 65 Acuity Brands, Inc.: SWOT Analysis
Figure 66 Hubbell Incorporated: Company Snapshot
Figure 67 Thorn Lighting: Company Snapshot

After arriving at the overall market size, the total market has been split into several segments and subsegments and confirmed with the key industry experts. The following figure depicts the breakdown of primaries on the basis of company, designation, and region.

Street and Roadway Lighting Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem

The street and roadway lighting market ecosystem includes component suppliers such as ClaroLux Landscape Lighting (U.S.), Forus Electric Private Limited (India), Shenzhen GHC Co., Ltd. (China), and Shenzhen HXD Lighting Co., Ltd. (China); lighting manufacturers such as Cree, Inc. (U.S.), Acuity Brands Lighting, Inc. (U.S.), Koninklijke Philips N.V. (Netherlands), and OSRAM Licht GmbH (Germany); and system integrators such as WS Atkins plc (U.K.), MMA Lighting Consultancy Ltd. (U.K.), Lighting Reality Ltd (U.K.), and General Electric Company (U.S.).

Scope of the Report:

Report Metric

Details

Base year

2015

Forecast period

2016–2022

Units

Value (USD)

Segments covered

Type, End User, Offerings, and Region

Geographic regions covered

North America, APAC, Europe, and RoW

Companies covered

Koninklijke Philips N.V. (Netherlands), General Electric Company (U.S.), Cree, Inc. (U.S.), and Acuity Brands, Inc. (U.S.), OSRAM Licht AG (Germany), Eaton Corp Plc. (Ireland), and Hubbell Incorporated (U.S.),

Target Audience:

  • Technology providers
  • Construction firms
  • Research organizations
  • Government organizations
  • Technology investors
  • Technology standards organizations
  • Forums, alliances, associations, and government bodies
  • Venture capitalists
  • Private equity firms, analysts, and strategic business planners

Scope of the Report:

This research report categorizes the overall market on the basis of lighting type, light source, wattage type, end user, offering, and region.

Street and Roadway Lighting Market, By Lighting Type

  • Conventional Lighting
  • Smart Lighting

Street and Roadway Lighting Market, By Light Source

  • LEDs
  • Fluorescent Lights
  • HID Lamps

Street and Roadway Lighting Market, By Wattage Type

  • Less than 50W
  • Between 50W and 150W
  • More than 150W

Street and Roadway Lighting Market, By End User

  • Highways
  • Street and Roadways
  • Others

Street and Roadway Lighting Market, By Offering

  • Hardware
  • Software
  • Services

Street and Roadway Lighting Market, By Region

  • Americas
    • North America
      • U.S.
      • Rest of North America
    • Latin America
      • Brazil
      • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Rest of Europe
  • APAC
    • China
    • Japan
    • India
    • Rest of APAC
  • RoW
    • Middle East
    • Africa

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