Connected (Smart) Street Lights Market Size & Share, By Component (Hardware, Software, Services), Networking Technology (Medium Band, Narrowband, Broadband) - Growth Trends, Regional Insights (U.S., Japan, South Korea, UK, Germany), Competitive Positioning, Global Forecast Report 2025-2034

市場の見通し:

Connected (Smart) Street Lights Market size is anticipated to grow significantly, reaching USD 17.54 billion by 2034, up from USD 1.96 billion. This growth represents a CAGR of over 24.5%, with a revenue forecast of USD 2.34 billion for 2025.

• Base Year Value (2024): USD 1.96 billion
• CAGR (2025-2034): 24.5%
• Forecast Year Value (2034): USD 17.54 billion
• Historical Data Period: 2019-2024
• Largest Region: Europe
• Forecast Period: 2025-2034

市場動向:

Growth Drivers & Opportunities:

The Connected (Smart) Street Lights Market is poised for significant growth due to a multitude of factors. One of the notable growth drivers is the increasing emphasis on urbanization and smart city initiatives. As cities continue to expand and modernize, the demand for intelligent infrastructure, including smart street lighting, has surged. These systems promote energy efficiency, reduce operational costs, and enhance public safety through better illumination and real-time monitoring capabilities.

Environmental concerns and the global push for sustainability further boost the market. Smart street lights often incorporate energy-saving technologies such as LED lighting and sensors, which contribute to the reduction of carbon footprints in urban areas. Additionally, these smart lighting solutions are increasingly being integrated with renewable energy sources, like solar power, creating opportunities for innovative, self-sustaining urban ecosystems.

Another vital growth opportunity lies in technological advancements. The integration of Internet of Things (IoT) technology in street lighting systems facilitates functionalities such as adaptive lighting, data analytics, and enhanced communication networks. These capabilities not only improve energy management but also enable cities to collect valuable data on traffic patterns, air quality, and pedestrian movement, supporting more informed urban planning and infrastructural development.

The increasing adoption of smart city projects funded by government initiatives and public-private partnerships presents another area of opportunity. Many municipalities are investing in upgrading their existing infrastructure to enhance quality of life, which often includes implementing connected street light systems. Additionally, the rising interest in smart transportation solutions encourages the integration of street lighting systems with smart traffic management, providing a competitive edge in the market.

Report Scope

Report Coverage	Details
Segments Covered	Component, Networking Technology
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Philips Lighting, GE Lighting, Osram, Eaton, Cree, Zumtobel, Acuity Brands, Hubbell Lighting, Dialight, Signify

Industry Restraints:

Despite the promising potential of the Connected Street Lights Market, several industry restraints could impede growth. One of the significant challenges is the high initial investment required for deploying smart lighting systems. The upfront costs associated with LED technologies, sensors, and the necessary infrastructural upgrades can deter many municipalities, particularly those with limited budgets.

Another restraint involves data security and privacy concerns. As smart street lights collect and transmit vast amounts of data, the risk of cyber threats and potential misuse of information poses significant challenges. Public apprehension regarding surveillance and data privacy can lead to resistance against the adoption of connected lighting solutions, hindering progress.

Moreover, technological complexity and the need for skilled personnel to manage advanced systems can be obstacles for cities lacking the requisite expertise. The maintenance of these smart systems requires ongoing support and skilled technicians, which may not be readily available in all regions. This could limit the expansion of connected street lights, especially in smaller or rural municipalities.

Lastly, regulatory and policy barriers may also act as constraints. The uniformity of standards and regulations governing connected devices can vary significantly across regions, leading to challenges in adoption and interoperability. Navigating the legislative landscape can be complex for municipalities, slowing the implementation of smart street lighting solutions.

地域別予報:

North America

The North American connected street lights market is primarily driven by the U.S. and Canada, where urbanization and smart city initiatives are gaining traction. Cities like San Francisco and New York are increasingly adopting smart lighting solutions to improve energy efficiency and urban safety. Canada, with its strong focus on sustainability, especially in cities such as Toronto and Vancouver, is also expanding its connected lighting infrastructure. The integration of IoT technologies in municipal services is expected to propel market growth significantly in this region, facilitated by the collaboration between local governments and technology firms.

Asia Pacific

Asia Pacific is witnessing rapid growth in the connected street lights market, primarily led by countries like China, Japan, and South Korea. China’s robust urbanization plans and commitment to green initiatives have led to the widespread adoption of smart street lights, particularly in metropolitan areas such as Beijing and Shanghai. Japan's focus on innovative technologies and disaster resilience supports the integration of smart lighting in cities like Tokyo. South Korea, known for its high-tech infrastructure, is implementing advanced street lighting systems in its major cities, promoting energy-efficient and multifunctional street lighting frameworks. The combined push for smart urban environments is setting the stage for substantial market expansion across the region.

Europe

In Europe, the connected street lights market is driven by strong governmental policies aimed at sustainability and energy efficiency, with significant activity in countries such as the UK, Germany, and France. The UK is focusing on modernizing infrastructure in cities like London and Manchester, integrating smart technologies to foster intelligent transport systems. Germany's emphasis on energy transition, especially in cities like Berlin and Munich, is promoting the deployment of smart street lighting solutions designed for efficiency and connectivity. France, particularly in urban areas like Paris, is innovating its public lighting systems to reduce light pollution and energy consumption. The convergence of environmental goals and technological advancement in Europe is likely to propel market growth in the coming years.

セグメンテーション分析:

In terms of segmentation, the global Connected (Smart) Street Lights market is analyzed on the basis of Component, Networking Technology.

Component Segment

The component segment of the Connected Street Lights Market encompasses various essential hardware elements. This includes lighting fixtures, sensors, communication modules, control systems, and software solutions. Among these, LED lighting fixtures continue to dominate, specifically due to their energy efficiency and longer lifespan compared to traditional lighting options. Additionally, sensors equipped for detecting light, motion, and environmental conditions are gaining traction, contributing to the operational efficiency of smart lighting systems. The control systems and software solutions segment is also witnessing significant growth as cities increasingly adopt centralized management systems for optimizing street lighting based on real-time data. Overall, components associated with energy savings and operational optimization are expected to yield substantial growth opportunities.

Networking Technology Segment

The networking technology segment is crucial for the seamless operation of smart street lights, as it defines how data is transmitted and processed. Key networking technologies include wired (such as Ethernet) and wireless communication methods (including cellular, Zigbee, LoRa, and Wi-Fi). Among these, wireless technologies like LoRa and cellular networks are anticipated to show the fastest growth due to their flexibility and wide coverage capabilities. These technologies enable extensive connectivity and allow cities to remotely manage street lighting systems, making real-time adjustments as needed. The move towards IoT-enabled solutions is driving the demand for innovative networking technologies, positioning them as a vital component for future advancements in smart street lighting.

Growth Opportunities and Future Outlook

The largest segment in terms of market size is expected to be the LED lighting fixtures due to their extensive adoption in cities globally, accompanied by a shift toward energy-efficient solutions. Meanwhile, rapid urbanization is driving demand for sophisticated networking technologies, particularly those that support IoT integration. This trend reflects a significant push towards developing smart cities, which will leverage the full potential of connected street lights to enhance public safety, reduce energy costs, and improve traffic management. As cities continue to evolve technologically, the Connected Street Lights Market is poised for dynamic growth, underpinned by innovations in both components and networking technologies.

競争環境:

The competitive landscape in the Connected (Smart) Street Lights Market is characterized by a mix of established players and emerging startups that are striving to capture market share through innovation and technological advancements. The market is driven by the increasing demand for energy-efficient lighting solutions, smart city initiatives, and safety enhancement measures in urban areas. Major companies are focusing on integrating Internet of Things (IoT) technology, enabling remote monitoring, and enhancing operational efficiency through data analytics. Strategic partnerships and collaborations between firms, technology providers, and city municipalities are also common as they seek to create comprehensive smart lighting solutions. As sustainability becomes a priority, companies are investing in research and development to create more advanced lighting systems that not only conserve energy but also improve public safety and reduce maintenance costs.

Top Market Players

1. Philips Lighting (Signify)

2. General Electric (GE)

3. Schneider Electric

4. Siemens AG

5. Zumtobel Group

6. Acuity Brands

7. Cree, Inc.

8. Itron Inc.

9. Osram Licht AG

10. Digital Lumens