Global Street Lighting Market Size & Outlook, 2024-2030

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 3.6% is expected of the worldwide street lighting industry from 2025 to 2030.
Revenue, 2024 (US$M)
$9,392.6
Forecast, 2030 (US$M)
$11,603.6
CAGR, 2025 - 2030
3.6%
Report Coverage
Worldwide

Global street lighting market highlights

  • The global street lighting market generated a revenue of USD 9,392.6 million in 2024 and is expected to reach USD 11,603.6 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 3.6% by 2030.
  • In terms of segment, led lighting accounted for a revenue of USD 7,415.8 million in 2024.
  • LED 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 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 9,392.6 million
Market revenue in 2030USD 11,603.6 million
Growth rate3.6% (CAGR from 2025 to 2030)
Largest segmentLed lighting
Fastest growing segmentLED Lighting
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTraditional Lighting, LED Lighting

Other key industry trends

  • In terms of revenue, the North America accounted for 19.3% of the global street lighting market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 823.9 million by 2030.

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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.


Led lighting was the largest segment with a revenue share of 78.95% in 2024. Horizon Databook has segmented the Global street lighting market based on traditional lighting, led 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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Target buyers of Global street lighting market databook

  • Our clientele includes a mix of street lighting market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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)

Top 10 countries: Street lighting market size, 2024 (US$M)

Global street lighting market share, by type, 2024 & 2030 (%, US$M)

Street lighting market: Opportunity assessment by country

Global street lighting market, by region, 2024 (US$M)

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

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