Connected Street Light Market to Hit USD 30 Billion by 2032 | CAGR 12.89%

The Connected Street Light Market is rapidly transforming urban infrastructure with intelligent, networked lighting systems that enhance public safety, save energy, and support smart city ecosystems. Valued at USD 10.07 billion in 2023 and growing to USD 11.37 billion in 2024, the market is expected to reach USD 30 billion by 2032, expanding at a strong CAGR of 12.89% during the forecast period 2025–2032.

The rise of Internet of Things (IoT) technology, energy conservation needs, and government-led smart city initiatives are the major forces driving this market’s exponential growth.

Key Market Dynamics

• Rising Urbanization: As more people migrate to cities, municipal authorities are focusing on smarter, more sustainable urban infrastructure—placing connected street lighting at the core of public service modernization.
• Government Sustainability Initiatives: Policies aimed at reducing carbon footprints and improving public safety have prompted local governments to invest in smart lighting that consumes less power and supports automation.
• Integration with Smart City Infrastructure: Connected streetlights often act as nodes in smart city grids, enabling data collection, surveillance, air quality monitoring, and even traffic management.
• Energy Efficiency Demand: Smart lighting systems offer up to 70% energy savings compared to conventional lighting through dimming capabilities, motion sensing, and optimized scheduling.
• IoT and Wireless Technology Advancements: The proliferation of wireless protocols like Zigbee, LoRaWAN, and NB-IoT, along with cloud-based control platforms, enhances the scalability and adaptability of connected lighting systems.

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Market Segmentation

• By Technology: Wired, Wireless (Zigbee, Wi-Fi, LoRa, NB-IoT, Bluetooth)
• By Component: Hardware (Sensors, Controllers, Communication Modules), Software (Cloud-based, On-premise), Services (Installation, Maintenance, Analytics)
• By Application: Highways & Roadways, Residential Streets, Commercial Zones, Public Parks, Parking Areas
• By End Use: Municipal, Industrial, Commercial, Residential
• By Region:
• North America – Leading in smart city adoption and federal energy efficiency mandates
• Europe – High environmental awareness and regulatory support
• Asia-Pacific (APAC) – Rapid urban growth and infrastructure modernization in China and India
• South America – Gradual adoption led by metropolitan areas
• Middle East & Africa (MEA) – Focused investments in sustainable and smart infrastructure development

Key Market Opportunities

• Smart City Expansion: Global smart city projects are driving massive deployment of connected lighting as foundational infrastructure, with cities like Amsterdam, Singapore, and San Diego setting benchmarks.
• Energy-Efficient Lighting Solutions: Governments and corporations are pushing for LED retrofits and smart systems to cut energy bills and meet carbon reduction goals.
• Remote Monitoring and Maintenance: Real-time diagnostics and alert systems allow city managers to identify faults, monitor usage, and schedule maintenance, minimizing downtime and operational costs.
• IoT Technology Integration: Streetlights are evolving into multifunctional urban nodes that support 5G small cells, public Wi-Fi, CCTV cameras, and environmental sensors.
• Government Funding and PPP Models: Public-private partnerships (PPPs) and national grants offer new financing options to speed up deployment in both developed and developing nations.

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Competitive Landscape

Key industry players are innovating in both hardware and software to offer modular, scalable, and data-driven smart lighting solutions. Major companies include:

• Signify (formerly Philips Lighting)
• Schneider Electric
• Honeywell International
• Eaton
• Acuity Brands
• GE Lighting
• Cimcon Lighting
• Silver Spring Networks
• Osram
• Streetlights USA
• Telensa
• Sierra Wireless
• Cree
• IoT Solutions Corporation
• Zebra Technologies

These companies are enhancing their portfolios with AI, cloud platforms, edge computing, and analytics tools to remain competitive in a rapidly evolving market.

Emerging Trends

• AI-Powered Adaptive Lighting: Machine learning algorithms are being used to adjust lighting levels based on real-time data, reducing energy use while ensuring visibility and safety.
• Vehicle-to-Infrastructure (V2I) Communication: Connected lights are being integrated with smart traffic systems to support autonomous and electric vehicles.
• Climate and Pollution Monitoring: Lights equipped with air quality and noise sensors are being deployed to support environmental health initiatives.
• Solar-Powered Smart Lights: Hybrid and solar-powered lighting options are gaining ground, particularly in off-grid and developing regions.

Explore our Global Report in Regional Languages

コネクテッド街路灯市場 | Markt für vernetzte Straßenlaternen | Marché de l'éclairage public connecté | 커넥티드 스트리트 라이트 마켓 | 联网路灯市场 | Mercado de alumbrado público conectado

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