Global Street Lighting Market Size & Outlook, 2023-2030

The street lighting industry worldwide is expected to reach a projected revenue of US$ 11,603.6 million by 2030. A compound annual growth rate of 3.5% is expected of the worldwide street lighting industry from 2024 to 2030.
Revenue, 2023 (US$M)
$9,102.6
Forecast, 2030 (US$M)
$11,603.6
CAGR, 2024 - 2030
3.5%
Report Coverage
Worldwide

Global street lighting market, 2018-2030 (US$M)

Global street lighting market highlights

  • The global street lighting market generated a revenue of USD 9,102.6 million in 2023 and is expected to reach USD 11,603.6 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 3.5% by 2030.
  • In terms of segment, traditional lighting accounted for a revenue of USD 9,102.6 million in 2023.
  • Traditional Lighting is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 9,102.6 million
Market revenue in 2030USD 11,603.6 million
Growth rate3.5% (CAGR from 2023 to 2030)
Largest segmentTraditional lighting
Fastest growing segmentTraditional Lighting
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTraditional Lighting

Other key industry trends

  • In terms of revenue, the North America accounted for 19.4% of the global street lighting market in 2023.

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Street Lighting Market Scope

Street lighting market segmentation & scope
LED Lighting
Application
Highways
Roadways
Countries
Argentina
Brazil
Denmark
Germany
France
Italy
Spain
Sweden
UK
Norway
U.S.
Canada
Mexico
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
South Korea
Thailand

Street Lighting Market Companies

Name Profile # Employees HQ Website

Global street lighting market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to street lighting market will help companies and investors design strategic landscapes.


Traditional lighting was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global street lighting market based on traditional lighting covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Street Lighting Type Outlook (Revenue, USD Million, 2018-2030)
    • Traditional Lighting
    • LED Lighting
  • Global Street Lighting Application Outlook (Revenue, USD Million, 2018-2030)
    • Highways
    • Roadways

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  • Our clientele includes a mix of street lighting market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global street lighting market , including forecasts for subscribers. This global databook contains high-level insights into Global street lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global street lighting market size, by regions, 2018-2030 (US$M)

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