Driving Street And Roadway Lighting Market Growth: A Future-Defining Shift for 2025-2034

 The Business Research Company's report on the Street And Roadway Lighting Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.

What are the primary drivers fueling the growth of the street and roadway lighting market in recent years?
Increased road transportation is expected to propel the street and roadway lighting market going forward. Road transport refers to the movement of goods and passengers from one location to another on roads. Increasing road transportation will raise the demand for street and roadway lighting to increase the road safety of drivers, riders and pedestrians by improving visibility. For instance, in March 2021, according to the report shared by the U.S. Department of transportation, an executive department of the U.S. federal government, for March 2022 compared to March 2021, travel on all highways and streets changed by +2.9% (+7.9 billion vehicle miles). 277.4 billion vehicle miles are projected to have been driven during the month. 274.8 billion miles were driven in vehicles during the month of March 2022, up 2.80% (7.5 billion miles) from March 2021. Therefore, increased road transportation is driving the street and roadway lighting market.

Access Your Free Sample of the Global Street And Roadway Lighting Market Report – Get Insights Now!
Global Street And Roadway Lighting Market Drivers Report 2025, Share Sample

What is the projected market size of the street and roadway lighting industry, and how is it expected to grow?
The street and roadway lighting market size has grown strongly in recent years. It will grow from $10.5 billion in 2024 to $11.16 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to community demands and feedback, energy conservation initiative, advancements in lighting design, transition to led technology, government regulations.

The street and roadway lighting market size is expected to see strong growth in the next few years. It will grow to $14.54 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to adoption of smart city initiatives, environmental concerns and light pollution, integration with iot and sensors, expansion of urban infrastructure, demand for energy-efficient solutions. Major trends in the forecast period include led technology advancements, smart lighting controls, sustainability initiatives, safety and security enhancements, adaptive lighting solutions.

Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
Global Street And Roadway Lighting Market Drivers Report 2025, Share Customise

Who are the key players driving competition in the street and roadway lighting market?
Major companies operating in the street and roadway lighting market include Cree Inc., Acuity Brands Inc., OSRAM Licht AG, Current Lighting Solutions, Syska LED Lights Pvt Ltd., Hubbell Inc., Zumbotel Group, LED roadway lighting Ltd., ClaroLux Landscape Lighting, Forus Electric Private Limited, Koninklijke Philips N V, WS Atkins Plc, Shenzhen GHC Co. Ltd., Lighting Reality Ltd., Schneider Electric, Petra Systems, Eaton Corporation plc, Streetlight.Vision, Philips Lighting, TVILIGHT Projects B.V., General Electric Company, Echelon Corporation, Cyan Technology Ltd., Honeywell International Inc., Bridgelux Inc.

What key trends are expected to drive the stouts and porters market during the forecast period?
Product innovations are a key trend gaining popularity in the street and roadway lighting market. Major companies operating in the street and roadway lighting market are focused on developing new technological solutions to strengthen their position in the market. For instance, in March 2022, Evluma, a US-based developer of affordable, long-lasting and environmentally low-impact LED lighting solutions launched RoadMax. It is a roadway lighting product offering advanced glare control and superior light distribution. It comes in multiple configurations (Type II, III, and V) with zero-uplight (U0) to meet roadway standards, while addressing modern concerns about light trespass and disability glare. Key features include a field-adjustable wattage selector, light trespass shields, and compatibility with Evluma's ConnectLED app for wireless control and dimming. Additionally, it offers Photocontrol Failsafe technology and comes with a robust 10-year warranty and surge protection.

Which key geographies are driving the growth of the street and roadway lighting market?
Asia-Pacific was the largest region in the street and roadway lighting market in 2024. Asia-Pacific is expected to be the fastest-growing region in the street and roadway lighting market report during the forecast period. The regions covered in the street and roadway lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Order Your Report Now For Swift Delivery
Global Street And Roadway Lighting Market Drivers Report 2025, Share

What are the key segments driving growth in the street and roadway lighting market?
The street and roadway lighting market covered in this report is segmented –

1) By Offerings: Hardware, Software, Services
2) By Lighting Type: Conventional Lighting, Smart Lighting
3) By Light Source: LEDs, Fluorescent Lamps, High-Intensity Discharge Lamps
4) By End User Industry: Highways, Street, Roadways

Subsegments:
1) By Hardware: LED Fixtures, Luminaires, Poles And Mounting Structures, Smart Sensors And Controls
2) By Software: Lighting Management Systems, Monitoring And Control Software, Energy Management Software
3) By Services: Installation Services, Maintenance And Repair Services, Consulting And Design Services

Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
Global Street And Roadway Lighting Market Drivers Report 2025, Share

What defines the structure and scope of the street and roadway lighting market?
Street and roadway lighting refers to the illumination systems along highways that generally help in enhancing safety by making roadside hazards more visible and by lessening the impact of glare from other light sources. They are used to improve the safety of vehicles and pedestrians walking on the roadway or street.

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.

Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

Contact Us:

The Business Research Company

Market Research Reports

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info


Follow Us On:

LinkedIn: The Business Research Company | LinkedIn