세계의 LED 가로등 시장 보고서 : 용도별, 지역별(2025-2033년)

The global LED street light market size reached USD 13.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 40.9 Billion by 2033, exhibiting a growth rate (CAGR) of 12.87% during 2025-2033. The enhanced energy efficiency associated with the utilization of LED street lights, extended lifespan of LED street lights, improved safety, increasing smart city integration, cost-effectiveness, technological innovations, and various federal and local government programs are some of the major factors propelling the market.

LED street lights are rapidly transforming urban landscapes, owing to their superior energy efficiency and extended lifespan compared to traditional lighting solutions. These modern luminaires often last up to 50,000 hours or more, significantly reducing maintenance and replacement costs. LED street lights offer better illumination, providing a brighter, more uniform light distribution that enhances visibility and safety for both pedestrians and drivers. They are compatible with smart city technologies, including IoT sensors and advanced control systems, allowing for intelligent management of urban lighting. Moreover, they align with environmental sustainability goals, as they are free from hazardous materials like mercury and emit fewer greenhouse gases. These numerous advantages make LED street lights an increasingly popular choice for municipalities.

The rising concern for energy efficiency and reduced carbon emissions represents one of the key factors driving the market growth. In addition to this, innovations like smart grids and IoT are contributing to the LED street light market growth. Moreover, the rising demand for safer, well-lit public spaces and the limited availability of cost-effective, long-lasting lighting solutions are highlighting the indispensability of LED street lights in urban planning. In this vein, these lights are crucial for improving night-time visibility and security, matching growing municipal needs for reliable and sustainable lighting options. Furthermore, the proliferation of online retail for electrical components and government incentives to replace traditional lighting are fueling market expansion. Additional dynamics such as the integration with smart city frameworks, the preference for programmable, adaptive lighting solutions, and an intensified focus on products compliant with international quality standards are propelling the uptake of LED street lights worldwide.

LED Street Light Market Trends/Drivers:

Enhanced Road Safety Measures

The focus on enhanced road safety is actively propelling the LED street light market growth. These lights are becoming essential in ensuring better visibility for both drivers and pedestrians during night-time and in adverse weather conditions. As the incidents of road accidents heighten, municipalities and city planners are increasingly adopting LED street lighting systems for their superior luminosity and directional lighting capabilities. This ongoing transition is not only improving overall road safety but is also supporting governmental initiatives aimed at reducing traffic-related casualties.

Integration of Smart Technology

The advent of smart cities is encouraging the incorporation of intelligent LED street lighting solutions. These lights come with features like adaptive brightness levels, real-time monitoring, and remote management. Governments are implementing these technologies to optimize energy use, enhance public safety, and facilitate urban planning. This integration aligns well with the broader objective of converting urban areas into smart cities, equipped with advanced, interconnected technologies for improved quality of life.

Sustainability Goals and Cost-Effectiveness

The need for cost-effective and sustainable solutions in public infrastructure is another key driver for the adoption of LED street lights. These lights have a longer lifespan and lower operational costs compared to traditional lighting options, offering long-term economic benefits. Municipalities are acknowledging these advantages and are progressively replacing older lighting systems with LED alternatives. This is not only proving cost-effective but is also resonating with the global shift towards environmentally sustainable practices by reducing energy consumption and waste.

LED Street Light Industry Segmentation:

Breakup by Application:

• Retrofit
• Retail & Hospitality
• Outdoor
• Offices
• Architectural
• Residential
• Industrial

Retrofit dominates the market

Retrofitting solutions are actively transforming existing infrastructures, offering enhanced efficiency and environmental benefits. These solutions are commonly implemented in HVAC systems, lighting, and insulation, providing avenues for considerable energy savings and improved building functionality. In the realm of lighting, retrofit kits enable easy upgrades from traditional bulbs to LEDs, offering immediate improvements in energy efficiency and lighting quality. Additionally, smart retrofit solutions are integrating seamlessly with existing home automation systems, allowing homeowners to modernize without complete overhauls. These smart systems facilitate remote monitoring and control, providing residents with enhanced convenience and operational ease. Incorporating retrofit solutions into existing structures is proving to be a cost-effective way to modernize and align with sustainable practices. This widespread application establishes retrofitting as an essential component in contemporary building management, mirroring the market research company's expertise in identifying and explaining emerging trends.

Breakup by Region:

• China
• Europe
• United States
• Japan
• Brazil
• Russia
• Other Regions

China holds the largest share in the market

The rising commitment to sustainable urban development in China is serving as a major propellant for the LED street light market. Moreover, continuous breakthroughs in optoelectronic engineering are producing LED street lights with advanced features such as adaptive brightness and motion sensing, thereby elevating their market appeal. In addition, the rapid pace of urbanization and infrastructure overhaul is driving the demand for reliable, long-lasting public lighting solutions, positioning LED street lights as a preferred choice. E-commerce giants and B2B platforms are also becoming instrumental in making a diverse range of LED street lighting products accessible to municipalities and contractors, thus energizing the market growth. The government's focus on reducing electricity consumption and lowering greenhouse gas emissions is facilitating the adoption of energy-efficient LED street lights, aligning with national energy conservation goals and thereby fostering a favorable market environment. Furthermore, initiatives like smart city exhibitions, as well as digital workshops on urban planning and sustainability, are collectively shaping an optimistic growth scenario for the LED street light market in China.

Competitive Landscape:

In the LED street light sector, key stakeholders are adeptly employing multiple strategies to fortify their market presence and cater to dynamic consumer needs. These entities are doubling down on R&D initiatives to develop LED street lights with smart controls, enhanced lumens per watt, and better heat dissipation characteristics. To extend their reach, these firms are entering into strategic alliances with local municipalities and contractors to facilitate the widespread adoption of LED street lights in urban and rural areas. Furthermore, these stakeholders are executing comprehensive educational initiatives that inform both government bodies and the general public about the advantages of LED street lights, including their role in enhancing public safety and contributing to smart city solutions. Several of these companies are even setting up localized assembly lines, thus supporting domestic economies and generating employment opportunities. Alongside, collaborations with regulatory agencies and involvement in public-private partnerships underline their commitment to adhering to quality standards and complying with public policies. These key players are also rapidly integrating IoT technology into their LED street light offerings, tapping into the expanding ecosystem of smart urban infrastructure. By astutely amalgamating technological advances, consumer awareness, strategic collaborations, and responsible practices, these entities are continually strengthening their role in the evolution of the LED street light market.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

• Philips Lighting
• Eaton Corporation PLC
• OSRAM GmbH, Pkk Lighting Inc.
• Pemco Lighting Products LLC
• Hubbell Inc.
• Cree Inc.
• GE Lighting
• XtraLight LED Lighting Solutions
• Niland Company
• NIPSCO Inc.
• Wendel, Acuity Brands
• Nichia Corporation
• Havells India Limited

Key Questions Answered in This Report

• 1.What is the global LED street lighting market growth ?
• 2.What are the global LED street lighting market drivers?
• 3.What are the key industry trends in the global LED street lighting market?
• 4.What is the impact of COVID-19 on the global LED street lighting market?
• 5.What is the global LED street lighting market breakup by application?
• 6.What are the major regions in the global LED street lighting market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global LED Lighting Market

• 5.1 Market Overview
• 5.2 Market Performance
  • 5.2.1 Volume Trends
  • 5.2.2 Value Trends
• 5.3 Impact of COVID-19
• 5.4 LED Street Light Market
• 5.5 Market Breakup by Region
• 5.6 Market Breakup by Application
• 5.7 Market by LED Products: LED Lamps, Modules and Fixtures
  • 5.7.1 Current and Historical Market Trends
  • 5.7.2 Market Forecast
• 5.8 Market Forecast
• 5.9 SWOT Analysis
  • 5.9.1 Overview
  • 5.9.2 Strengths
  • 5.9.3 Weaknesses
  • 5.9.4 Opportunities
  • 5.9.5 Threats
• 5.10 Value Chain Analysis
  • 5.10.1 Primary Raw Materials Suppliers
  • 5.10.2 LED Chip Manufacturers
  • 5.10.3 LED Package and Module Manufacturers
  • 5.10.4 Lighting Products, Electronic Products and Automotive Part Manufacturers
  • 5.10.5 Product Distribution
  • 5.10.6 End Users
• 5.11 Porter's Five Forces Analysis
  • 5.11.1 Overview
  • 5.11.2 Bargaining Power of Buyers
  • 5.11.3 Bargaining Power of Suppliers
  • 5.11.4 Degree of Competition
  • 5.11.5 Threat of New Entrants
  • 5.11.6 Threat of Substitutes
• 5.12 Key Success and Risk Factors for LED Street Light Manufacturers
• 5.13 Comparative Analysis of CFL and LED
• 5.14 Price Analysis
  • 5.14.1 Key Price Indicators
  • 5.14.2 Price Structure

6 Performance of Key Regions

• 6.1 India
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 China
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Europe
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 United States
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Japan
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast
• 6.6 Brazil
  • 6.6.1 Market Trends
  • 6.6.2 Market Forecast
• 6.7 Russia
  • 6.7.1 Market Trends
  • 6.7.2 Market Forecast
• 6.8 Other Regions
  • 6.8.1 Market Trends
  • 6.8.2 Market Forecast

7 Market by Application

• 7.1 Retrofit
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Retail & Hospitality
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Outdoor
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Offices
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Architectural
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
• 7.6 Residential
  • 7.6.1 Market Trends
  • 7.6.2 Market Forecast
• 7.7 Industrial
  • 7.7.1 Market Trends
  • 7.7.2 Market Forecast

8 Competitive Landscape

• 8.1 Market Structure
• 8.2 Market breakup by Key Players

9 LED Street Light Manufacturing Process

• 9.1 Product Overview and Specifications
• 9.2 Key Features and Advantages
• 9.3 Key Application Areas
  • 9.3.1 Residential Street Lighting
  • 9.3.2 Highways and Interchanges
  • 9.3.3 Railway Crossings
  • 9.3.4 Tunnels
  • 9.3.5 Bridges
  • 9.3.6 Housing Complexes and Warehouses
• 9.4 Popular Shapes and Sizes
• 9.5 Design Material Alternatives
  • 9.5.1 Aluminium Die Cast Frame
  • 9.5.2 Aluminium Die Cast Frame with Metallic Silver/Grey Finish
  • 9.5.3 Aluminium Die Cast Frame with UV Treated Coating
  • 9.5.4 Nylon Plastic Material Frame
  • 9.5.5 Plastic Lens or Tempered Glass Lens
• 9.6 Manufacturing Process
• 9.7 Raw Material Requirements
• 9.8 Raw Material Pictures

10 Project Details, Requirements and Costs Involved

• 10.1 Land Requirements and Expenditures
• 10.2 Construction Requirements and Expenditures
• 10.3 Plant Machinery
• 10.4 Machinery Pictures
• 10.5 Raw Material Requirements and Expenditures
• 10.6 Raw Material and Final Product Pictures
• 10.7 Packaging Requirements and Expenditures
• 10.8 Transportation Requirements and Expenditures
• 10.9 Utility Requirements and Expenditures
• 10.10 Manpower Requirements and Expenditures
• 10.11 Other Capital Investments

11 Loans and Financial Assistance

12 Project Economics

• 12.1 Capital Cost of the Project
• 12.2 Techno-Economic Parameters
• 12.3 Product Pricing and Margins Across Various Levels of the Supply Chain
• 12.4 Taxation and Depreciation
• 12.5 Income Projections
• 12.6 Expenditure Projections
• 12.7 Financial Analysis
• 12.8 Profit Analysis

13 Key Player Profiles