Smart street lighting market seen topping $7 billion by 2030

By AI, Created 2:45 PM UTC, May 22, 2026, /AGP/ – The Business Research Company says the global smart street lighting market will surpass $7 billion by 2030, led by Asia-Pacific and the U.S. The report points to urbanization, smart city spending, energy-efficiency mandates and IoT-enabled controls as the main growth drivers.

Why it matters: - Smart street lighting is moving from a niche upgrade to core urban infrastructure. - The market’s expected growth reflects spending on smart cities, energy efficiency and connected public safety systems. - The segment could reach nearly 13% of the broader smart lighting market by 2030. - The market is also expected to be about 0.1% of the global electrical and electronics industry by 2030.

What happened: - The Business Research Company projected the global smart street lighting market will surpass $7 billion in 2030. - The report estimated the broader smart lighting market at about $55 billion in 2030. - Asia-Pacific is projected to be the largest region in 2030 at $2.2 billion. - The U.S. is projected to be the largest country in 2030 at $1.4 billion. - The report said the market is expected to grow at a 20% CAGR through 2030. - The company published the findings in its Smart Street Lighting Market Report 2026 – Market Size, Trends, And Global Forecast 2026-2035. - Request a free sample of the report. - Access the detailed market report.

The details: - Asia-Pacific is expected to grow from $0.9 billion in 2025 to $2.2 billion in 2030, a 20% CAGR. - The report tied Asia-Pacific growth to rapid urbanization, large-scale smart city initiatives, higher government spending on energy-efficient infrastructure, wider use of LED-connected lighting systems and more IoT-enabled street lighting in China, India and Japan. - The U.S. market is expected to grow from $0.6 billion in 2025 to $1.4 billion in 2030, a 18% CAGR. - The report linked U.S. growth to federal and state funding, smart grid integration, advanced lighting control and analytics platforms, sustainability goals and modernization of legacy street lighting. - Light emitting diode products are projected to be the largest type segment, with 79% of the market, or $6 billion, in 2030. - The LED segment is supported by energy-efficiency demand, regulations promoting LED adoption, lower component and installation costs, IoT-based smart city integration, longer lifespan and sustainable urban development spending. - The market is segmented by communication technology into NB-IoT, powerline communication, radio frequency and other technologies. - The market is segmented by energy source into traditional and other renewable energy, and solar. - The market is segmented by application into environment monitoring, traffic optimization, smart parking and other uses. - The market is segmented by end user into commercial, residential and industrial. - The report said the biggest growth opportunities through 2030 are in LED, compact fluorescent lamps, incandescent and other types segments. - Those segments are projected to add more than $4.5 billion in market value by 2030. - Over the next five years, the LED segment is projected to grow by $3.6 billion. - Compact fluorescent lamps are projected to grow by $0.4 billion. - Incandescent is projected to grow by $0.1 billion. - Other types are projected to grow by $0.4 billion.

Between the lines: - The report frames smart street lighting as part of a broader shift toward connected city systems rather than a standalone lighting upgrade. - The growth case depends on three linked trends: urban expansion, lower operating costs and real-time data collection from street infrastructure. - IoT-enabled lighting is becoming a city data layer for traffic, weather, pollution and public safety monitoring. - The report’s numbers point to the LED category as the main commercial winner, while other segments remain much smaller.

What’s next: - More cities are expected to adopt connected lighting as part of smart city and sustainability programs. - Municipal spending should increasingly favor systems that support remote monitoring, adaptive dimming and predictive maintenance. - The report suggests Asia-Pacific and the U.S. will remain the key markets to watch through 2030. - The Business Research Company said its research is supported by 1,500,000 datasets, secondary research and interviews with industry leaders. - The firm said it has published more than 17,500 reports across 27 industries and 60+ geographies.

The bottom line: - Smart street lighting is emerging as a high-growth slice of smart infrastructure, with LED systems, IoT connectivity and city modernization driving the market toward $7 billion by 2030.