스마트 가로등 시장 규모, 점유율, 성장 분석 : 제공별, 접속성별, 용도별, 최종사용자별, 지역별 - 산업 예측(2025-2032년)

Smart Street Lighting Market size was valued at USD 2.6 billion in 2023 and is poised to grow from USD 3.1 billion in 2024 to USD 12.82 billion by 2032, growing at a CAGR of 19.4% during the forecast period (2025-2032).

The global smart street lighting market is experiencing robust growth, fueled by technological advancements and the rising demand for energy-efficient solutions. This innovative system employs sensors, communication networks, and data analytics to optimize street lighting efficiency. Key drivers include energy conservation needs, carbon emission reductions, and urbanization trends. Benefits such as remote monitoring, adaptive lighting, and energy savings through dimming are enhancing its appeal. The market encompasses various segments, including hardware (LEDs, sensors) and software (data management), along with communication technologies and diverse end-users. North America and Europe lead in adoption, while the Asia Pacific region is gaining traction, driven by urbanization and smart city initiatives. As cities evolve, the demand for sustainable smart street lighting solutions is set to surge significantly.

Top-down and bottom-up approaches were used to estimate and validate the size of the Smart Street Lighting market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Smart Street Lighting Market Segments Analysis

Global Smart Street Lighting Market is segmented by Offering, Connectivity, Application, End User and region. Based on Offering, the market is segmented into Hardware (AVR microcontroller, LED lights, Ultrasonic sensors, LDRs, solar panels and short-distance communication networks), Software, and Services (Integration and Deployment, Maintenance Services). Based on Connectivity, the market is segmented into Wired, and Wireless (GSM (2G/3G, 4G, 5G), NB-IoT, LTE-M, LoRaWAN, Sigfox, ZigBee, Digi, Wi-SUN, Others). Based on Application, the market is segmented into Environmental Monitoring, Traffic Optimization, Smart Parking and Others. Based on End User, the market is segmented into Commercial, Residential, and Industrial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Smart Street Lighting Market

The growing adoption of smart street lighting systems is primarily driven by their ability to deliver substantial energy savings. These systems intelligently adjust the intensity of lighting in response to real-time environmental conditions, leading to decreased electricity usage and lowered operational expenses. This dynamic approach not only enhances the efficiency of urban lighting infrastructure but also contributes to sustainability initiatives and cost-effectiveness for municipalities. As cities increasingly prioritize smart technology solutions to address energy consumption concerns, the smart street lighting market is poised for significant growth, providing cities with a modernized lighting solution that benefits both the environment and the community.

Restraints in the Smart Street Lighting Market

The initial financial commitment necessary for implementing smart street lighting systems, which encompasses expenditures on sensors, controllers, and communication infrastructure, can pose a substantial obstacle for municipalities with tight budgets. This significant upfront cost deters various local governments from transitioning to advanced lighting solutions, as they may struggle to allocate sufficient funds for such investments. As a result, the potential benefits of enhanced efficiency, safety, and energy savings that smart street lighting offers may remain untapped, particularly in regions where financial constraints limit the ability to upgrade existing systems and invest in innovative technologies.

Market Trends of the Smart Street Lighting Market

The Smart Street Lighting market is witnessing a significant trend towards integration within connected ecosystems of smart cities, emphasizing the role of street lighting as a vital component of urban infrastructure. As municipalities aim to enhance operational efficiency, smart streetlights are being increasingly linked with traffic management systems, waste disposal solutions, and public safety technologies. This interconnected approach not only optimizes energy consumption and reduces maintenance costs but also fosters real-time data sharing, paving the way for more responsive city management. The growing emphasis on sustainability and smart technology adoption further propels this trend, positioning smart street lighting as a cornerstone of future urban development.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Customer And Buying Criteria Analysis
• Technology Analysis
• Regulatory Landscape

Global Smart Street Lighting Market Size by Offering & CAGR (2025-2032)

• Market Overview
• Hardware
  • AVR microcontroller
  • LED lights
  • Ultrasonic sensors
  • LDRs
  • Solar panels
  • Short-distance communication networks
• Software
• Services
  • Integration and Deployment
  • Maintenance Services

Global Smart Street Lighting Market Size by Connectivity & CAGR (2025-2032)

• Market Overview
• Wired
• Wireless
  • GSM
  • 2G/3G
  • 4G
  • 5G
  • NB-IoT
  • LTE-M
  • LoRaWAN
  • Sigfox
  • ZigBee
  • Digi
  • Wi-SUN
  • Others

Global Smart Street Lighting Market Size by Application & CAGR (2025-2032)

• Market Overview
• Environmental Monitoring
• Traffic Optimization
• Smart Parking
• Others

Global Smart Street Lighting Market Size by End User & CAGR (2025-2032)

• Market Overview
• Commercial
• Residential
• Industrial

Global Smart Street Lighting Market Size & CAGR (2025-2032)

• North America (Offering, Connectivity, Application, End User)
  • US
  • Canada
• Europe (Offering, Connectivity, Application, End User)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Offering, Connectivity, Application, End User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Offering, Connectivity, Application, End User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Offering, Connectivity, Application, End User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Philips Lighting (now Signify) (Netherlands)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Siemens AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• General Electric Company (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Osram Licht AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Acuity Brands, Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eaton Corporation (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cree, Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Telensa (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Zumtobel Group (Austria)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Schreder Group (Belgium)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Virtual Extension (Israel)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Flashnet (Romania)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Thorn Lighting (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DimOnOff (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations