Connected Street Lighting Industry Market’s Decade-Long Growth Trends and Future Projections 2025-2033

Key Insights

The connected street lighting market is experiencing rapid growth, driven by increasing urbanization, rising energy efficiency concerns, and the need for improved city infrastructure management. A CAGR of 24.10% from 2019-2033 indicates a significant expansion, transforming traditional street lighting into intelligent, data-driven systems. Key market drivers include government initiatives promoting smart city development, the decreasing cost of LED lighting and connected sensors, and the availability of sophisticated software platforms for remote monitoring and control. These platforms enable predictive maintenance, reducing operational costs and improving the lifespan of street lighting assets. The market segmentation reveals a strong demand across residential, commercial, and industrial applications, with smart streetlights, connected controllers, and software platforms as the core components driving market value. North America and Europe are currently leading the market, benefiting from established smart city infrastructure and high technological adoption rates. However, the Asia-Pacific region shows significant growth potential due to rapid urbanization and increasing government investments in smart city initiatives.

The competitive landscape is dynamic, featuring established players like Itron Inc., Signify Holding, and Acuity Brands Inc., alongside innovative smaller companies. Success in this market hinges on offering integrated solutions encompassing hardware, software, and data analytics capabilities. Future growth will depend on further technological advancements, such as the integration of 5G and IoT technologies, the development of advanced lighting control systems, and the increased adoption of energy-harvesting technologies to further reduce reliance on the power grid. Challenges remain in terms of high initial investment costs, cybersecurity concerns, and the need for robust data management and integration capabilities. Nonetheless, the long-term benefits of improved energy efficiency, reduced operational expenses, and enhanced public safety are driving substantial investment and market expansion. The market is poised for considerable expansion as smart city initiatives gain global momentum.

Connected Street Lighting Industry Market Report: 2019-2033

This comprehensive report provides a detailed analysis of the Connected Street Lighting industry, encompassing market dynamics, growth trends, regional insights, competitive landscape, and future outlook. The report covers the parent market of Smart City infrastructure and the child market of connected street lighting solutions, offering a granular view of this rapidly evolving sector. The study period spans 2019-2033, with 2025 serving as the base and estimated year. The report utilizes data from the historical period (2019-2024) to forecast market trends until 2033.

Connected Street Lighting Industry Market Dynamics & Structure

The connected street lighting market is characterized by moderate concentration, with key players like Itron Inc, Signify Holding, and Telensa Limited holding significant market share. However, the entry of smaller, specialized firms and technological advancements are fostering a dynamic competitive environment. Market growth is driven by increasing urbanization, government initiatives promoting smart city development, and the need for energy-efficient and sustainable infrastructure. Regulatory frameworks focused on energy conservation and public safety play a vital role, while rising energy costs and advancements in IoT technologies are key innovation drivers. The market faces competition from traditional lighting solutions but is increasingly attractive due to long-term cost savings and improved public safety features. M&A activity is moderately active, with smaller companies being acquired by larger players seeking to expand their product portfolios and geographical reach.

• Market Concentration: Moderately concentrated, with top 5 players holding xx% market share in 2025.
• Technological Innovation: Driven by advancements in LED technology, IoT, and AI for improved energy efficiency, remote monitoring, and predictive maintenance.
• Regulatory Framework: Supportive government policies and initiatives emphasizing smart city development and sustainable infrastructure are key growth catalysts.
• Competitive Substitutes: Traditional street lighting systems and emerging alternative lighting technologies pose moderate competition.
• M&A Trends: Moderate activity, with larger players acquiring smaller companies to expand their product offerings and market presence. xx M&A deals observed in the period 2019-2024.

Connected Street Lighting Industry Growth Trends & Insights

The connected street lighting market is experiencing significant growth, driven by increasing adoption across residential, commercial, and industrial applications. The market size is projected to reach xx Million units by 2025, growing at a CAGR of xx% from 2025 to 2033. This growth is fueled by the increasing demand for energy-efficient lighting solutions, improved safety and security features, and the ability to remotely monitor and manage streetlights. Technological advancements, such as the integration of smart sensors and data analytics, are further accelerating market adoption. Consumer behavior shifts towards sustainable and technologically advanced solutions are also contributing to market expansion. The rising adoption of smart city initiatives globally, coupled with favorable government regulations, is creating lucrative opportunities for market expansion. Increased awareness about energy efficiency and environmental sustainability among consumers and businesses further boosts the adoption of these smart lighting systems.

Dominant Regions, Countries, or Segments in Connected Street Lighting Industry

North America and Europe currently dominate the connected street lighting market, driven by robust infrastructure, higher adoption rates, and supportive government policies. However, the Asia-Pacific region is expected to exhibit significant growth potential in the coming years due to rapid urbanization and increasing investments in smart city infrastructure. Within the segments, Smart Streetlights represent the largest share, followed by Connected Controllers and Software Platforms. The Commercial application segment is currently leading in terms of market share, owing to the high concentration of streetlights in urban areas and the increasing need for effective lighting management in commercial establishments.

• Key Drivers for North America/Europe: Well-established infrastructure, high technological adoption rates, supportive government policies focused on energy efficiency and smart city development.
• Key Drivers for Asia-Pacific: Rapid urbanization, growing investments in smart city projects, increasing government focus on sustainable infrastructure development.
• Segment Dominance: Smart Streetlights hold the largest market share (xx Million units in 2025), followed by Connected Controllers and Software Platforms. The Commercial application segment demonstrates the highest adoption rate.

Connected Street Lighting Industry Product Landscape

The connected street lighting market offers a diverse range of products, including smart streetlights with integrated sensors, intelligent controllers for remote management, and advanced software platforms for data analytics and predictive maintenance. Key innovations include the integration of Li-Fi technology, advanced energy harvesting capabilities, and AI-powered predictive maintenance functionalities to enhance efficiency, security, and sustainability. These solutions offer unique selling propositions such as reduced energy consumption, improved public safety, remote monitoring and control, and data-driven insights for optimized maintenance and resource allocation.

Key Drivers, Barriers & Challenges in Connected Street Lighting Industry

Key Drivers:

• Increasing urbanization and the need for efficient and sustainable city infrastructure.
• Government initiatives promoting smart city development and energy efficiency.
• Technological advancements in LED lighting, IoT, and data analytics.
• Rising energy costs and the need to reduce carbon footprint.

Key Challenges:

• High initial investment costs for infrastructure upgrades.
• Cybersecurity concerns related to data security and network vulnerabilities.
• Complexity of integrating various systems and technologies within existing infrastructure.
• Limited interoperability between different vendor solutions. This leads to xx% of project delays due to incompatibility issues.

Emerging Opportunities in Connected Street Lighting Industry

The market presents opportunities in untapped markets, such as smaller cities and rural areas, particularly in developing countries. Integrating connected street lighting with other smart city applications (e.g., traffic management, environmental monitoring) offers significant potential. The increasing demand for smart lighting solutions with enhanced functionalities, such as integrated Wi-Fi capabilities and advanced security features, creates growth opportunities. Developing sustainable and energy-efficient solutions utilizing renewable energy sources will be crucial.

Growth Accelerators in the Connected Street Lighting Industry

Strategic partnerships between technology providers, municipalities, and energy companies are crucial for accelerating market growth. Government incentives and subsidies for smart city projects further stimulate adoption. Continuous technological innovation in areas like energy harvesting, AI-powered predictive maintenance, and integration with other smart city technologies creates a positive feedback loop driving expansion.

Key Players Shaping the Connected Street Lighting Industry Market

• Itron Inc
• Signify Holding
• CIMCON Lighting
• Sensus a Xylem Brand
• Echelon Corporation
• TVILIGHT Projects BV
• GridComm
• Acuity Brands Inc
• InteliLIGHT (Flashnet SA)
• Telensa Limited
• Guangdong Rongwen Energy Technology Group
• Delta Electronics Inc
• List Not Exhaustive

Notable Milestones in Connected Street Lighting Industry Sector

• December 2022: Itron, Inc. partners with Baltimore Gas & Electric (BGE) to connect and manage 260,000 smart streetlights, demonstrating large-scale deployment potential and the focus on energy efficiency.
• October 2022: Telensa Holdings Ltd. introduces connected street light solutions with enhanced cellular connectivity, highlighting the ongoing innovation in network architecture and adaptability.

In-Depth Connected Street Lighting Industry Market Outlook

The connected street lighting market is poised for sustained growth driven by technological advancements, increasing urbanization, and supportive government policies. Strategic partnerships and market expansion into emerging economies present significant opportunities for industry players. Focus on sustainable solutions, enhanced security features, and integration with other smart city applications will shape the future of the market. The long-term potential for market expansion is significant, driven by the global need for energy-efficient and sustainable urban infrastructure.

Connected Street Lighting Industry Segmentation

• 1. Production Analysis
• 2. Consumption Analysis
• 3. Import Market Analysis (Value & Volume)
• 4. Export Market Analysis (Value & Volume)
• 5. Price Trend Analysis

Connected Street Lighting Industry Segmentation By Geography

• 1. North America
• 2. Europe
• 3. Asia Pacific
• 4. Rest of the World