The U.S. Smart Street Lighting Market size was valued at USD 0.90 billion in 2025 and is expected to reach approximately USD 4.32 billion by 2035, growing at a CAGR of 17.30% during 2026–2035. Due to the Smart City Expansion, IoT Integration, and Energy-Efficient Urban Infrastructure Globally. Similarly, The Europe Smart Street Lighting Market is estimated to reach USD 7.09 Billion by 2035, at a CAGR of approximately 17.53% during 2026–2035.

Austin, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Smart Street Lighting Market Size & Growth Outlook:

As per the SNS Insider, “The global Smart Street Lighting Market was worth USD 4.08 billion in 2025 and is projected to reach USD 23.63 billion by 2035, registering a CAGR of 19.22% from 2026 to 2035.”

Smart City Expansion and IoT Integration Drive Global Market Growth Globally

One of the key drivers for the Smart Street Lighting Market includes the fast-paced development of smart cities. Cities are increasingly moving away from traditional street lighting solutions and towards more advanced solutions that will be able to monitor their performance remotely, schedule them automatically, dim lights based on needs, and manage them in real time. The rising investments in the area of intelligent transportation systems are also providing new prospects.

Smart Street Lighting Market Size and Growth:

  • Market Size in 2025: USD 4.08 Billion
  • Market Size by 2035: USD 23.63 Billion
  • CAGR: 19.22% during 2026–2035
  • Fastest Growing Region: Asia Pacific
  • Largest Region: North America

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Why This Market Matters?

The significance of the market for smart street lighting is evident from its location between energy saving, urban development, connectivity, and sustainability. With growing cities, the replacement of traditional street lights with advanced LED-connected street lighting solutions will help save energy, reduce operating expenses, cut emissions, and increase traffic safety and management efficiency. Due to IoT sensors, NB-IoT technology, adaptive dimming, and cloud-based control, cities will be able to monitor and control street lighting from a distance, respond to incidents quickly, and manage energy consumption effectively depending on the actual situation.

The expected market growth from USD 4.86 billion in 2026 to USD 23.63 billion by 2035, shows good potential for investment. Moreover, apart from street lighting, the IoT system may provide smart parking, traffic optimization, environment monitoring, and other applications for smart cities. Fast urbanization in Asia Pacific and infrastructure renewal in North America and Europe are key factors increasing the importance of smart street lighting.

Leading Market Players with their Product Listed in this Report are:

  • Signify (Interact City / Philips SmartBright Street Lights)
  • Acuity Brands (ROAM / AEL Autobahn LED Street Lighting)
  • ams OSRAM (OSRAM Streetlight Solutions / Streetlight 10)
  • Schneider Electric (EcoStruxure Street Lighting / Telemecanique Sensors)
  • Eaton (Streetworks LED Street Lighting / Connected Lighting)
  • Hubbell Incorporated (Hubbell Outdoor Lighting / AEL Autobahn)
  • Legrand (Legrand Smart Lighting / connected lighting solutions)
  • Panasonic Holdings Corporation (Panasonic Smart Street Lighting / LINKS)
  • Samsung Electronics (Samsung LED Street Lighting / Smart Lighting Solutions)
  • LG Electronics (LG LED Street Lighting / Smart City Lighting Solutions)
  • Zumtobel Group (Thorn Avenue / Urbis Schréder-compatible smart lighting solutions)
  • Itron (Itron Streetlight.Vision / Streetlight Management System)
  • Schréder (Owlet IoT / Shuffle / Ampera EVO)
  • Current Lighting Solutions (Evolve LED Roadway / Daintree Networked Lighting Controls)
  • Cisco Systems (Cisco Kinetic for Cities / Smart+Connected Street Lighting)
  • Ubicquia (Ubicquia UbiHub / UbiSmart)
  • Dimonoff (DIMONOFF CitySense / Nestor)
  • Tvilight (CityManager / SkyLite / CitySense)
  • GE Lighting (Evolve LED Roadway Lighting / Current Evolve)
  • Lucy Group (Lucy Zodion Central Management System / Auriga)

Key Segmentation Analysis:

By Communication Technology

NB-IoT emerged as the leader in the Smart Street Lighting Market with 34.20% market share in 2025, which is expected to maintain its position as the fastest-growing segment with CAGR of 22.83% between 2026-2035. This technology is favored due to its lower energy consumption, wider range, cost-effectiveness, and ability to be integrated into existing cellular networks.

By Application

Traffic Optimization dominated the biggest application share, which held 44.85% of the market in 2025. Urbanization of cities, traffic safety, and smart transportation infrastructure development will facilitate the adoption of smart street light solutions in order to better manage traffic. Smart Parking will register the highest rate of growth among all applications in terms of CAGR, growing with a CAGR of 22.68% during 2026-2035. Vehicle proliferation and lack of parking spaces will drive cities to adopt light networks equipped with sensors and digital parking platforms for traffic optimization.

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By End User

The Commercial sector accounted for the highest market share of 46.90% in 2025 owing to the widespread penetration of the technology in the built environment including urban infrastructure, highways, utilities, and commercial complexes. The Industrial sector will witness the highest growth rate (CAGR) of 20.71% during the period 2026 to 2035. Factories, logistics centers, and industrial complexes are increasingly deploying the system for better energy management and maintenance.

Regional Analysis:

North America had the largest regional share of 34.80%, attributed to its sophisticated urban infrastructure, high rate of IoT penetration, smart cities, and increasing adoption of energy-efficient lighting. In 2025, the US formed 81.40% of the North American regional market.

The Asia Pacific region is expected to exhibit the highest growth rate with a CAGR of 22.00%. Fast urbanization, smart cities projects, infrastructure development, and investment in connected lighting in China, India, Japan, and South Korea have created many opportunities. In 2025, China formed 42.00% of the regional market.

Recent Developments:

  • 2026: Dimonoff advanced its IoT-based smart lighting control capabilities by integrating AI-driven automation and cloud connectivity, supporting municipalities in improving operational efficiency, energy management, and remote monitoring.
  • 2025: GE Lighting expanded LED and connected lighting systems through its Current Lighting Solutions ecosystem, supporting municipal deployment of energy-efficient street lighting with digital monitoring, automation, and sustainability-oriented infrastructure capabilities.

Frequently Asked Questions (FAQs):

1. What is the Smart Street Lighting Market size?

The Smart Street Lighting Market was valued at USD 4.08 billion in 2025 and is projected to reach USD 23.63 billion by 2035.

2. What is the CAGR of the Smart Street Lighting Market?

The market is expected to register a CAGR of 19.22% from 2026 to 2035.

3. Which region dominates the Smart Street Lighting Market?

North America dominated the market in 2025, accounting for 34.80% of the global market.

4. Which communication technology dominated the market in 2025?

NB-IoT dominated the communication technology segment with a 34.20% market share in 2025 and is also projected to be the fastest-growing segment at a 22.83% CAGR.

5. What are the key factors driving the Smart Street Lighting Market?

Key growth factors include smart city expansion, IoT-enabled infrastructure, energy-efficiency initiatives, intelligent transportation systems, adaptive lighting, NB-IoT adoption, AI-driven analytics, and increasing investments in connected urban infrastructure.

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