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Street Lighting Market Size, Share and Forecast 2026-2036

The global street lighting market is worth USD 10.1 bn in 2026 and is forecast to reach USD 18.9 bn by 2036, growing at a 6.5% CAGR. China is the largest country market and LED luminaires is the largest by component segment.

USD 10.1 bnMarket size 2026
USD 18.9 bnForecast 2036
6.5%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global street lighting market is worth USD 10.1 bn in 2026 and is forecast to reach USD 18.9 bn by 2036, growing at a 6.5% CAGR. China is the largest country market and LED luminaires is the largest by component segment.

ScopeLuminaires, lamps, poles, drivers and control systems for public street, road and area lighting, including LED street lights and smart lighting controls.
IndustryServices and Utilities
Value 2025USD 9.5 bn
Value 2026USD 10.1 bn
Value 2036USD 18.9 bn
CAGR 2026-20366.5%
Volume 202647.5 million units
Volume 203684.8 million units
Average price 2026USD 212 per unit
Report priceStarts from USD 1,999
PublishedNovember 2026

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Street Lighting market size and forecast, 2026-2036

Exhibit 1The global street lighting market is forecast to grow from USD 10.1 bn in 2026 to USD 18.9 bn by 2036, a rise of 88%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 6.5%
Street Lighting market value, 2025 to 2036Market value by year. 2025: USD 9.5 bn; 2026: USD 10.1 bn; 2027: USD 10.7 bn; 2028: USD 11.4 bn; 2029: USD 12.2 bn; 2030: USD 13.0 bn; 2031: USD 13.8 bn; 2032: USD 14.7 bn; 2033: USD 15.6 bn; 2034: USD 16.7 bn; 2035: USD 17.7 bn; 2036: USD 18.9 bn. Compound annual growth rate 2026 to 2036: 6.5%.202510.1 bn202613.8 bn203118.9 bn20366.5% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 10.1 bn
2027USD 10.7 bn
2028USD 11.4 bn
2029USD 12.2 bn
2030USD 13.0 bn
2031USD 13.8 bn
2032USD 14.7 bn
2033USD 15.6 bn
2034USD 16.7 bn
2035USD 17.7 bn
2036USD 18.9 bn

Street Lighting market segmentation

By component

Exhibit 2LED luminaires is the largest segment by component, with 72.0% of 2026 revenueEstimated share of 2026 global revenue, by component
Street Lighting market share by component, 2026Share of 2026 revenue by component. LED luminaires: 72.0%; Poles and brackets: 10.0%; Controls and software: 10.0%; Conventional luminaires and lamps: 8.0%.LED luminaires72.0%Poles and brackets10.0%Controls and software10.0%Conventional luminaires and lamps8.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
LED luminaires72.0%71.3%USD 7.3 bn6.4%
Conventional luminaires and lamps8.0%3.0%USD 806 mn-3.5%
Poles and brackets10.0%7.1%USD 1.0 bn2.9%
Controls and software10.0%18.7%USD 1.0 bn13.3%

By application

Exhibit 3Roads and highways adds the most revenue by application, growing from USD 5.2 bn in 2026 to USD 9.4 bn by 2036Estimated revenue in USD by application, 2026 and 2036 forecast
Street Lighting market by application, 2026 and 2036Revenue by application in 2026 and 2036. Roads and highways: USD 5.2 bn in 2026, USD 9.4 bn in 2036, change +80%; Residential streets and public spaces: USD 3.0 bn in 2026, USD 5.7 bn in 2036, change +89%; Tunnels, bridges and industrial: USD 1.8 bn in 2026, USD 3.8 bn in 2036, change +107%.20262036 forecastChangeRoads and highways+80%5.2 bn9.4 bnResidential streets and public spaces+89%3.0 bn5.7 bnTunnels, bridges and industrial+107%1.8 bn3.8 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Roads and highways52.0%49.9%USD 5.2 bn6.1%
Residential streets and public spaces30.0%30.2%USD 3.0 bn6.6%
Tunnels, bridges and industrial18.0%19.9%USD 1.8 bn7.6%

By connectivity

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Standard LED64.0%52.5%USD 6.4 bn4.4%
Smart and connected26.0%44.1%USD 2.6 bn12.3%
Non-LED conventional10.0%3.4%USD 1.0 bn-4.5%

By financing model

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Municipal capital budgets54.0%45.0%USD 5.4 bn4.6%
Energy service company contracts30.0%34.0%USD 3.0 bn7.8%
Public-private partnerships16.0%21.0%USD 1.6 bn9.4%

By project type

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
New installations34.0%30.0%USD 3.4 bn5.2%
LED retrofits38.0%38.0%USD 3.8 bn6.5%
Maintenance and replacement28.0%32.0%USD 2.8 bn7.9%

Top 25 countries for street lighting by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 72.0% of 2026 revenue and the 25 countries below together hold 92.7%.

Exhibit 4China is the largest country market at USD 2.8 bn in 2026, and the three largest countries hold 51.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Street Lighting market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 2.8 bn, 28.0%; United States: USD 1.5 bn, 15.0%; India: USD 806 mn, 8.0%; Germany: USD 403 mn, 4.0%; United Kingdom: USD 352 mn, 3.5%; France: USD 352 mn, 3.5%; Brazil: USD 302 mn, 3.0%; Japan: USD 302 mn, 3.0%; Mexico: USD 201 mn, 2.0%; Saudi Arabia: USD 201 mn, 2.0%.China2.8 bn 28.0%United States1.5 bn 15.0%India806 mn 8.0%Germany403 mn 4.0%United Kingdom352 mn 3.5%France352 mn 3.5%Brazil302 mn 3.0%Japan302 mn 3.0%Mexico201 mn 2.0%Saudi Arabia201 mn 2.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 2.8 bn28.0%USD 5.5 bn6.9%
2United StatesUSD 1.5 bn15.0%USD 2.6 bn5.4%
3IndiaUSD 806 mn8.0%USD 2.0 bn9.4%
4GermanyUSD 403 mn4.0%USD 643 mn4.8%
5United KingdomUSD 352 mn3.5%USD 605 mn5.5%
6FranceUSD 352 mn3.5%USD 567 mn4.9%
7BrazilUSD 302 mn3.0%USD 567 mn6.5%
8JapanUSD 302 mn3.0%USD 435 mn3.7%
9MexicoUSD 201 mn2.0%USD 378 mn6.5%
10Saudi ArabiaUSD 201 mn2.0%USD 416 mn7.5%
11ItalyUSD 193 mn1.9%USD 346 mn6.0%
12SpainUSD 193 mn1.9%USD 346 mn6.0%
13South KoreaUSD 193 mn1.9%USD 346 mn6.0%
14RussiaUSD 189 mn1.9%USD 340 mn6.0%
15TurkeyUSD 167 mn1.7%USD 329 mn7.0%
16IndonesiaUSD 151 mn1.5%USD 299 mn7.0%
17AustraliaUSD 139 mn1.4%USD 250 mn6.0%
18CanadaUSD 129 mn1.3%USD 231 mn6.0%
19South AfricaUSD 121 mn1.2%USD 217 mn6.0%
20EgyptUSD 114 mn1.1%USD 225 mn7.0%
21PolandUSD 109 mn1.1%USD 195 mn6.0%
22NetherlandsUSD 104 mn1.0%USD 185 mn6.0%
23ThailandUSD 99 mn1.0%USD 195 mn7.0%
24VietnamUSD 95 mn0.9%USD 204 mn8.0%
25NigeriaUSD 92 mn0.9%USD 181 mn7.1%
Rest of worldUSD 732 mn7.3%USD 1.4 bn6.4%
Exhibit 5China and India account for 44% of the USD 8.8 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Street Lighting market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 10.1 bn. China: +USD 2.7 bn; India: +USD 1.2 bn; United States: +USD 1.0 bn; Brazil: +USD 265 mn; United Kingdom: +USD 252 mn; 20 other countries: +USD 2.8 bn; Rest of world: +USD 635 mn. Market value 2036: USD 18.9 bn.Market value 202610.1 bnChina+2.7 bnIndia+1.2 bnUnited States+1.0 bnBrazil+265 mnUnited Kingdom+252 mn20 other countries+2.8 bnRest of world+635 mnMarket value 203618.9 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Signify
  • Acuity Brands
  • Hubbell
  • Schréder
  • Current Lighting Solutions

Group 2: Regional and specialist players

  • Zumtobel Group
  • Eaton
  • Dialight
  • Ledvance
  • Opple Lighting
  • Fagerhult Group
  • Thorn Lighting
  • AEC Illuminazione
  • Havells India
  • Wipro Lighting

Group 3: Emerging and niche players

  • Syska LED
  • Lumca
  • Telensa
  • Ubicquia
  • Sunna Design
  • LED Roadway Lighting
  • Carmanah Technologies

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the street lighting market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 6.5% is calculated from the resulting values.

The market is divided by component, by application, by connectivity, by financing model, by project type. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the street lighting market?

The global street lighting market is estimated at USD 9.5 bn in 2025 and USD 10.1 bn in 2026.

How fast will the street lighting market grow?

It is forecast to reach USD 18.9 bn by 2036, a compound annual growth rate of 6.5% from 2026, an increase of USD 8.8 bn.

Which country is the largest market for street lighting?

China is the largest market by revenue at USD 2.8 bn in 2026, 28.0% of the global total. The three largest countries together hold 51.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 9.4% a year from 2026 to 2036.

Which street lighting segment is largest?

In the by component split, LED luminaires is the largest segment with 72.0% of 2026 revenue.

Who are the leading street lighting companies?

Global leaders include Signify, Acuity Brands, Hubbell, Schréder.

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