가로등 및 도로 조명 시장 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the street and roadway lighting market size in 2026 is estimated at USD 10.63 billion, growing from 2025 value of USD 10.10 billion with 2031 projections showing USD 13.75 billion, growing at 5.28% CAGR over 2026-2031.

This report is Segmented by Lighting Type (Conventional, Smart/Connected), Light Source (LEDs, Fluorescent, HID), Offering (Hardware, Software/Services), Power Range (Below 50W, 50-150W, Above 150W), Application (Highways, Streets, Tunnels, Parking), Connectivity (Wired, Wireless), and Geography (North America, South America, and More). The Market Forecasts are Provided in Terms of Value (USD).

Global Street And Roadway Lighting Market Trends and Insights

Accelerated LED Retrofit Programs

Municipal LED initiatives now bundle sensor networks, adaptive controls, and grid modernization objectives to unlock deeper carbon and O&M savings. New York Power Authority's Smart Street Lighting NY illustrates the model by folding demand-response and spectral tuning into LED upgrades. Ireland's EUR 17.5 million rural conversion plan likewise favors fixtures capable of future V2I communication, indicating that cities increasingly write "upgrade-ready" specifications. Financing tools, energy-service contracts, green bonds, and infrastructure funds are widening access and lowering lifecycle costs, expanding the addressable street and roadway lighting market.

Rising Deployment of Connected/IoT-Enabled Street Lights

Cities are moving from pilots to fleet-scale connected lighting roll-outs as the value of granular asset data becomes clear. Signify reported 144 million managed connected light points in 2024, demonstrating platform scalability. Low-power wide-area technologies like NB-IoT and LoRaWAN have cut connectivity costs, enabling secondary cities to embrace smart lighting. Copenhagen's 44,000-node network folds air-quality sensing into luminaires, creating new municipal revenue streams from environmental compliance analytics. This pivot from energy savings to data monetization raises switching barriers and lengthens vendor contracts, reinforcing long-term growth.

High Upfront Capex for Large-Scale Conversions

Total cost of ownership for connected systems can surpass USD 500 per fixture, triple a basic LED swap, forcing municipalities to seek ESCO financing or PPP structures that prolong procurement cycles by up to 18 months. Smaller cities without capital-improvement budgets face the sharpest squeeze, constraining immediate conversion volumes despite compelling long-term savings. Grant programs partially bridge the gap but often require detailed M&V documentation, adding an administrative burden that delays deployment.

Other drivers and restraints analyzed in the detailed report include:

1. Government Carbon-Reduction Mandates and Funding
2. Cyber-Security and Data-Privacy Vulnerabilities

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Smart/connected solutions recorded a 6.82% CAGR outlook, yet conventional fixtures still comprised 56.15% of 2025 revenue. This coexistence underscores staggered asset-replacement cycles that keep legacy options viable for basic illumination. Metropolitan agencies deploy connected systems along priority corridors where data analytics can justify premium pricing, whereas smaller jurisdictions favor passive LED swaps with upgrade-ready nodes. The street and roadway lighting market benefits as both pathways steadily erode outdated high-intensity discharge stock. Signify's 144 million light-point footprint validates platform scalability while reinforcing vendor lock-in.

Momentum continues as standards bodies embed connectivity in future efficiency codes, redirecting capex toward digital luminaires. Vendor roadmaps show edge-AI vision sensors migrating onboard fixtures, promising adaptive dimming and situational awareness that elevate public-safety value propositions. Over the forecast horizon, smart platforms are expected to outpace conventional growth threefold, redefining service models in the wider street and roadway lighting industry.

LEDs captured 83.55% share in 2025 and will retain hegemony through 2031 as efficacy inches past 200 lm/W. Niche fluorescent and HID replacements linger primarily in industrial yards, awaiting budget cycles. Amber 590 nm packages are gaining coastal traction to safeguard nocturnal wildlife, while circadian-friendly warm whites appeal to residential precincts. The street and roadway lighting market size for LED-based systems is projected to compound at a 6.52% CAGR, supported by falling per-lumen costs and higher spectral customization.

Driver IC integration and improved thermal paths now push rated lifetimes toward 100,000 hours, reducing relamping truck rolls. Supply tightness in specialty ICs remains a bottleneck, with delivery times extending up to 52 weeks for advanced dimming controllers. Nevertheless, multiyear framework contracts and localized inventory hubs are helping global vendors buffer shocks, sustaining LED's centrality.

Complete Report Scope:

• By Lighting Type
  • Conventional Lighting
  • Smart / Connected Lighting
• By Light Source
  • LEDs
  • Fluorescent Lamps
  • High-Intensity Discharge Lamps
• By Offering
  • Hardware
    • Lights and Bulbs
    • Luminaires
    • Control Systems
  • Software and Services
• By Power Range (Wattage)
  • Below 50 W
  • 50 - 150 W
  • Above 150 W
• By Application
  • Highways
  • Streets and Urban Roads
  • Tunnels and Underpasses
  • Parking and Public Areas
• By Connectivity Technology
  • Wired (PLC, DALI, PoE)
  • Wireless (Zigbee, NB-IoT, LoRa, 5G)
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Rest of Asia-Pacific
  • Middle East
    • Saudi Arabia
    • United Arab Emirates
    • Rest of Middle East
  • Africa
    • South Africa
    • Rest of Africa

Geography Analysis

Asia-Pacific commanded 36.85% of 2025 revenue and is poised for a 6.12% CAGR through 2031 on the back of large-scale urbanization in China, India, and ASEAN. Beijing's low-carbon districts embed air-quality sensors in new luminaires, while India's Smart Cities Mission is standardizing LED nodes across 100 municipalities, propelling the regional street and roadway lighting market. Local manufacturing capacity shortens lead times and underpins aggressive subsidy programs that compress payback periods below four years.

North America ranks second by value, buoyed by federal funding enclaves like the USD 982 million SS4A mechanism that earmarks lighting for crash-reduction projects. Vision Zero action plans in New York, Portland, and Los Angeles are shifting specifications toward adaptive optics that boost pedestrian visibility. Utilities' ownership of pole infrastructure, however, introduces alignment challenges that occasionally delay conversions. Still, rising electrical-safety standards and carbon accounting frameworks keep pressure on lagging jurisdictions.

Europe exhibits mature LED penetration yet continues to upgrade via smart controls driven by the EU Green Deal and EN-13201 revisions. Municipal dark-sky ordinances are fueling demand for precision optics and ultra-warm CCTs to curb light pollution, sustaining premium ASPs in the street and roadway lighting market. Innovation grants in Scandinavia and DACH markets sponsor pilot projects exploring wildlife-friendly spectra and V2I corridor lighting, providing test beds for vendors targeting export opportunities.

1. Signify N.V.
2. OSRAM GmbH
3. Current Lighting Solutions, LLC
4. Wolfspeed Inc. (Cree LED)
5. Acuity Brands Inc.
6. Hubbell Inc.
7. Zumtobel Group AG
8. Schreder S.A.
9. Eaton Corporation plc (Cooper Lighting Solutions)
10. Valmont Industries Inc.
11. Telensa Ltd.
12. Silver Spring Networks Inc.
13. Wipro Lighting (Wipro Enterprises)
14. Nichia Corporation
15. Dialight plc
16. LED Roadway Lighting Ltd.
17. Kingsun Optoelectronic Co.
18. Syska LED Lights Pvt Ltd.
19. DCD Technologies ME FZCO
20. Itron Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Accelerated LED retrofit programs
  • 4.2.2 Rising deployment of connected/IoT-enabled street lights
  • 4.2.3 Government carbon-reduction mandates and funding
  • 4.2.4 Rapid smart-city roll-outs in emerging economies
  • 4.2.5 Edge-AI adaptive dimming for wildlife-safe corridors
  • 4.2.6 Vehicle-to-Infrastructure (V2I) integration for C-V2X corridors
• 4.3 Market Restraints
  • 4.3.1 High upfront capex for large-scale conversions
  • 4.3.2 Cyber-security and data-privacy vulnerabilities
  • 4.3.3 Utility-ownership mis-alignment delaying upgrades
  • 4.3.4 Supply-chain volatility in LED driver ICs
• 4.4 Industry Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Threat of Substitutes
  • 4.7.3 Bargaining Power of Buyers
  • 4.7.4 Bargaining Power of Suppliers
  • 4.7.5 Intensity of Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Lighting Type
  • 5.1.1 Conventional Lighting
  • 5.1.2 Smart / Connected Lighting
• 5.2 By Light Source
  • 5.2.1 LEDs
  • 5.2.2 Fluorescent Lamps
  • 5.2.3 High-Intensity Discharge Lamps
• 5.3 By Offering
  • 5.3.1 Hardware
    • 5.3.1.1 Lights and Bulbs
    • 5.3.1.2 Luminaires
    • 5.3.1.3 Control Systems
  • 5.3.2 Software and Services
• 5.4 By Power Range (Wattage)
  • 5.4.1 Below 50 W
  • 5.4.2 50 - 150 W
  • 5.4.3 Above 150 W
• 5.5 By Application
  • 5.5.1 Highways
  • 5.5.2 Streets and Urban Roads
  • 5.5.3 Tunnels and Underpasses
  • 5.5.4 Parking and Public Areas
• 5.6 By Connectivity Technology
  • 5.6.1 Wired (PLC, DALI, PoE)
  • 5.6.2 Wireless (Zigbee, NB-IoT, LoRa, 5G)
• 5.7 By Geography
  • 5.7.1 North America
    • 5.7.1.1 United States
    • 5.7.1.2 Canada
    • 5.7.1.3 Mexico
  • 5.7.2 South America
    • 5.7.2.1 Brazil
    • 5.7.2.2 Argentina
    • 5.7.2.3 Rest of South America
  • 5.7.3 Europe
    • 5.7.3.1 Germany
    • 5.7.3.2 United Kingdom
    • 5.7.3.3 France
    • 5.7.3.4 Italy
    • 5.7.3.5 Rest of Europe
  • 5.7.4 Asia-Pacific
    • 5.7.4.1 China
    • 5.7.4.2 Japan
    • 5.7.4.3 South Korea
    • 5.7.4.4 India
    • 5.7.4.5 Rest of Asia-Pacific
  • 5.7.5 Middle East
    • 5.7.5.1 Saudi Arabia
    • 5.7.5.2 United Arab Emirates
    • 5.7.5.3 Rest of Middle East
  • 5.7.6 Africa
    • 5.7.6.1 South Africa
    • 5.7.6.2 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
  • 6.4.1 Signify N.V.
  • 6.4.2 OSRAM GmbH
  • 6.4.3 Current Lighting Solutions, LLC
  • 6.4.4 Wolfspeed Inc. (Cree LED)
  • 6.4.5 Acuity Brands Inc.
  • 6.4.6 Hubbell Inc.
  • 6.4.7 Zumtobel Group AG
  • 6.4.8 Schreder S.A.
  • 6.4.9 Eaton Corporation plc (Cooper Lighting Solutions)
  • 6.4.10 Valmont Industries Inc.
  • 6.4.11 Telensa Ltd.
  • 6.4.12 Silver Spring Networks Inc.
  • 6.4.13 Wipro Lighting (Wipro Enterprises)
  • 6.4.14 Nichia Corporation
  • 6.4.15 Dialight plc
  • 6.4.16 LED Roadway Lighting Ltd.
  • 6.4.17 Kingsun Optoelectronic Co.
  • 6.4.18 Syska LED Lights Pvt Ltd.
  • 6.4.19 DCD Technologies ME FZCO
  • 6.4.20 Itron Inc.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-space and Unmet-need Assessment