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India Smart Street Lights Market

ID: MRFR/SEM/55863-HCR
200 Pages
Aarti Dhapte
October 2025

India Smart Street Lights Market Research Report By Component (Hardware, Software, Services), By Networking Technology (Narrowband, Broadband) and By Applications (Smart Parking, Street Light Management) Forecast to 2035

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India Smart Street Lights Market Summary

As per MRFR analysis, the smart street-lights market size was estimated at 49.0 USD Million in 2024. The smart street-lights market is projected to grow from 57.78 USD Million in 2025 to 300.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 17.91% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India smart street-lights market is poised for substantial growth driven by technological advancements and urbanization.

  • The integration of IoT technology is transforming the operational efficiency of smart street-lights.
  • The shift towards renewable energy sources is becoming increasingly prevalent in urban lighting solutions.
  • Urban safety and security concerns are driving the demand for advanced lighting systems in metropolitan areas.
  • Government initiatives and funding, along with rising urbanization, are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 49.0 (USD Million)
2035 Market Size 300.0 (USD Million)

Major Players

Signify (NL), Schneider Electric (FR), Honeywell (US), GE Current (US), Cree (US), Osram (DE), Philips Lighting (NL), Eaton (US), Sensus (US)

India Smart Street Lights Market Trends

The smart street-lights market is currently experiencing a transformative phase, driven by advancements in technology and a growing emphasis on urban sustainability. The integration of Internet of Things (IoT) capabilities into street lighting systems is becoming increasingly prevalent, allowing for real-time monitoring and management. This shift enhances energy efficiency and contributes to improved public safety and reduced operational costs. Furthermore, the adoption of smart street-lights aligns with governmental initiatives aimed at modernizing urban infrastructure, fostering a more connected and responsive urban environment. In addition to technological advancements, there is a notable trend towards the use of renewable energy sources in the smart street-lights market. Solar-powered street lights are gaining traction as they offer a sustainable alternative to traditional lighting solutions. This shift is particularly relevant in the context of India's commitment to reducing carbon emissions and promoting green energy solutions. As cities continue to expand, the demand for innovative lighting solutions that are both cost-effective and environmentally friendly is likely to grow, indicating a promising future for the smart street-lights market.

Integration of IoT Technology

The incorporation of IoT technology into street lighting systems is revolutionizing the smart street-lights market. This integration allows for enhanced control and monitoring, enabling cities to optimize energy consumption and improve maintenance efficiency. Real-time data collection facilitates proactive management, which can lead to significant cost savings and improved service delivery.

Shift Towards Renewable Energy

There is a growing trend towards the utilization of renewable energy sources, particularly solar power, within the smart street-lights market. This shift aligns with environmental sustainability goals and reduces reliance on conventional energy sources. Solar-powered street lights not only lower operational costs but also contribute to reducing the carbon footprint of urban areas.

Focus on Urban Safety and Security

Enhancing public safety is a critical focus within the smart street-lights market. The deployment of smart lighting solutions is linked to improved visibility and security in urban areas. Features such as adaptive lighting and integrated surveillance systems are being increasingly adopted to create safer public spaces, thereby addressing community concerns regarding safety.

India Smart Street Lights Market Drivers

Rising Urbanization

India is experiencing rapid urbanization, with projections indicating that by 2031, approximately 600 million people will reside in urban areas. This demographic shift necessitates the development of smart infrastructure, including smart street-lights. Urban areas face challenges such as traffic congestion, pollution, and inadequate public safety, which can be addressed through the deployment of smart street-lights. These systems not only enhance visibility but also integrate with traffic management systems to optimize flow and reduce accidents. The smart street-lights market is expected to benefit from this trend, as cities seek innovative solutions to manage the increasing population density and improve the quality of urban life.

Focus on Energy Efficiency

Energy efficiency is a primary concern for urban planners and local governments in India, driving the demand for smart street-lights. Traditional street lighting consumes significant energy, leading to high operational costs. In contrast, smart street-lights, particularly those utilizing LED technology, can reduce energy consumption by up to 70%. This reduction not only lowers costs but also aligns with India's commitment to sustainable development and reducing carbon emissions. The smart street-lights market is likely to expand as municipalities prioritize energy-efficient solutions that contribute to their overall sustainability objectives. The integration of smart technologies further enhances energy management, making it a compelling choice for urban areas.

Government Initiatives and Funding

The Indian government actively promotes the adoption of smart street-lights through various initiatives and funding programs. With a focus on urban development, the government has allocated substantial budgets for smart city projects, which include the implementation of smart street-lights. For instance, the Smart Cities Mission aims to enhance urban infrastructure, and smart street-lights are a critical component of this vision. The funding provided by the government can cover up to 50% of the project costs, making it financially viable for municipalities. This financial support is likely to accelerate the growth of the smart street-lights market, as local authorities are encouraged to invest in modern lighting solutions that improve energy efficiency and reduce operational costs.

Public Safety and Crime Prevention

Public safety remains a critical concern for urban areas in India, influencing the smart street-lights market. Enhanced lighting through smart street-lights can deter criminal activities and improve the perception of safety among residents. Studies indicate that well-lit streets can reduce crime rates by up to 30%. Additionally, smart street-lights can be integrated with surveillance systems and emergency response mechanisms, providing real-time data to law enforcement agencies. This integration not only enhances public safety but also fosters community trust in local authorities. As cities strive to create safer environments, the demand for smart street-lights is expected to rise, further propelling the market's growth.

Technological Advancements in Lighting

The smart street-lights market is significantly influenced by advancements in lighting technology, particularly the transition from traditional lighting to LED and smart lighting solutions. LED technology offers energy efficiency improvements of up to 80%, which is crucial for municipalities aiming to reduce energy consumption and costs. Furthermore, smart lighting systems can be equipped with sensors and IoT capabilities, allowing for real-time monitoring and adaptive lighting based on environmental conditions. This technological evolution not only enhances the functionality of street-lights but also contributes to sustainability goals. As cities in India increasingly adopt these technologies, the smart street-lights market is poised for substantial growth.

Market Segment Insights

Smart Street Lights Market Component Insights

The India Smart Street Lights Market has been experiencing significant growth, driven primarily by the increasing need for efficient and sustainable urban infrastructure. Within the Component segment, three main areas stand out: Hardware, Software, and Services, each contributing uniquely to the overall market dynamics.

Hardware components, such as LED lights and sensors, are essential due to their role in energy efficiency and the reduction of carbon footprints, aligning with India’s commitment to sustainable development. The country is progressively focusing on modernizing its street lighting systems to enhance urban safety and reduce energy consumption. Therefore, hardware forms the backbone of the Smart Street Lights initiative.

Additionally, Software plays a crucial role in the management and operation of smart street lighting systems, enabling features like remote monitoring and real-time data analytics. This software not only improves operational efficiency but also enhances the responsiveness of urban lighting systems to changing conditions, thereby increasing public safety.

As cities like Delhi and Mumbai adopt smart technologies, the software component becomes significant in facilitating these advancements. Further, Services encompass installation, maintenance, and advisory services essential for the successful deployment of smart lighting solutions.

The service sector ensures that smart street lighting systems are functioning at their best, thereby extending the lifespan of hardware components and improving the overall performance of the lighting infrastructure.

Smart Street Lights Market Networking Technology Insights

The Networking Technology segment within the India Smart Street Lights Market plays a crucial role in enhancing urban efficiency and sustainability. As cities across India increasingly embrace smart infrastructure, the demand for reliable networking technologies like Narrowband and Broadband continues to grow.

Narrowband technology facilitates efficient data transmission over long distances with low power consumption, making it ideal for remote streetlight management. Conversely, Broadband technology offers high-speed connectivity, allowing for real-time data sharing, surveillance integration, and advanced analytics.

The combination of these technologies supports the Indian government's Smart Cities Mission, driving the deployment of intelligent lighting solutions that contribute to energy savings and reduced operational costs.

With urbanization on the rise and a growing emphasis on smart solutions, the Networking Technology segment of the India Smart Street Lights Market is set to witness significant advancements, addressing challenges such as energy efficiency and traffic management. The synergy between Narrowband and Broadband solutions strengthens connectivity and enhances the effectiveness of smart street lighting systems.

Smart Street Lights Market Applications Insights

The Applications segment of the India Smart Street Lights Market plays a pivotal role in enhancing urban infrastructure and improving the quality of life. Within this segment, Smart Parking solutions are gaining traction as cities face increasing vehicle volumes and congestion. These solutions streamline the parking process through real-time data, thereby reducing traffic and emissions, which aligns with India's urban development goals.

Additionally, Street Light Management systems are crucial for optimizing energy consumption and maintenance costs. These systems utilize smart technologies to adjust lighting based on environmental conditions and occupancy, contributing to energy efficiency and public safety.

As cities in India increasingly focus on sustainable development and smart city initiatives, the demand for these applications continues to grow, enhancing the overall landscape of urban planning and management.

The integration of advanced technologies in these applications not only improves operational efficiency but also promotes safer and more connected communities, creating a significant impact on the India Smart Street Lights Market data.

Get more detailed insights about India Smart Street Lights Market

Key Players and Competitive Insights

The smart street-lights market in India is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing urbanization. Key players such as Signify (NL), Schneider Electric (FR), and Honeywell (US) are at the forefront, each adopting distinct strategies to enhance their market presence. Signify (NL) focuses on innovation through its connected lighting solutions, which integrate IoT technology to improve energy efficiency and urban management. Schneider Electric (FR) emphasizes digital transformation, leveraging its expertise in energy management to offer smart lighting solutions that align with sustainability goals. Honeywell (US) is strategically positioned through partnerships with local governments, enhancing its operational focus on smart city initiatives. Collectively, these strategies contribute to a competitive environment that prioritizes technological integration and sustainability.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and optimize supply chains. This approach not only enhances responsiveness to market demands but also aligns with government initiatives promoting 'Make in India.' The market structure appears moderately fragmented, with several players vying for dominance. However, the collective influence of major companies like GE Current (US) and Osram (DE) is notable, as they continue to innovate and expand their product offerings, thereby shaping market dynamics.

In October 2025, Signify (NL) announced a partnership with a leading Indian municipal corporation to deploy smart street-lighting systems across urban areas. This initiative is significant as it not only enhances the company's footprint in India but also aligns with the government's push for smart city development. The integration of advanced sensors and data analytics in these systems is expected to improve energy efficiency by up to 30%, showcasing the potential for substantial operational savings.

In September 2025, Schneider Electric (FR) launched a new range of smart street-lighting solutions designed specifically for Indian cities. This product line incorporates AI-driven features that allow for adaptive lighting based on real-time traffic conditions. The strategic importance of this launch lies in its potential to address urban challenges such as traffic congestion and energy wastage, thereby positioning Schneider as a leader in smart urban solutions.

In August 2025, Honeywell (US) secured a contract with a major Indian state to implement a comprehensive smart street-lighting project. This project aims to replace traditional lighting with energy-efficient LED systems equipped with IoT capabilities. The strategic relevance of this contract is underscored by its alignment with national sustainability targets, potentially reducing energy consumption by 40% in the region. Such initiatives not only enhance Honeywell's market share but also reinforce its commitment to sustainable urban development.

As of November 2025, current competitive trends in the smart street-lights market are heavily influenced by digitalization, sustainability, and AI integration. Strategic alliances among key players are increasingly shaping the landscape, fostering innovation and enhancing product offerings. Looking ahead, it is anticipated that competitive differentiation will evolve, shifting from price-based competition to a focus on innovation, technology, and supply chain reliability. This transition underscores the importance of adaptability and forward-thinking strategies in maintaining a competitive edge in the market.

Key Companies in the India Smart Street Lights Market market include

Industry Developments

The India Smart Street Lights Market has witnessed significant developments in recent months, driven by increasing urbanization and the need for energy-efficient lighting solutions. Major companies such as Philips and Schneider Electric are leading the charge by incorporating advanced technologies in their street lighting systems. In July 2023, Tata Power collaborated with Siemens to enhance smart lighting solutions across major cities.

Furthermore, in August 2023, Havells launched a new range of smart street lights with integrated sensors for better energy management. The market is also experiencing growth due to initiatives by the Indian government, focusing on smart city projects, with the Ministry of Housing and Urban Affairs emphasizing the adoption of smart lighting technologies.

Additionally, in September 2023, GE Current announced plans to expand its operations in India, aiming to strengthen its smart lighting portfolio. Acquisitions have also shaped the landscape; Crompton Greaves Consumer Electricals acquired a stake in a smart lighting startup in June 2023 to bolster its market position.

Overall, these developments are expected to drive the evolution and adoption of smart street lighting solutions, making cities more sustainable and energy-efficient.

Future Outlook

India Smart Street Lights Market Future Outlook

The smart street-lights market in India is projected to grow at a 17.91% CAGR from 2024 to 2035, driven by urbanization, energy efficiency, and smart city initiatives.

New opportunities lie in:

  • Integration of IoT sensors for real-time data analytics
  • Development of solar-powered street-lighting solutions
  • Partnerships with local governments for smart city projects

By 2035, the market is expected to achieve substantial growth and innovation.

Market Segmentation

India Smart Street Lights Market Components Outlook

  • Hardware
  • Software
  • Services

India Smart Street Lights Market Applications Outlook

  • Smart Parking
  • Street Light Management

India Smart Street Lights Market Networking Technology Outlook

  • Narrowband
  • Broadband

Report Scope

MARKET SIZE 2024 49.0(USD Million)
MARKET SIZE 2025 57.78(USD Million)
MARKET SIZE 2035 300.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 17.91% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Signify (NL), Schneider Electric (FR), Honeywell (US), GE Current (US), Cree (US), Osram (DE), Philips Lighting (NL), Eaton (US), Sensus (US)
Segments Covered Components, Networking Technology, Applications
Key Market Opportunities Integration of IoT and AI technologies enhances efficiency in the smart street-lights market.
Key Market Dynamics Rising demand for energy-efficient solutions drives innovation and competition in the smart street-lights market.
Countries Covered India

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FAQs

What is the projected market size of the India Smart Street Lights Market in 2024?

The projected market size of the India Smart Street Lights Market in 2024 is valued at 58.3 USD Million.

What is the expected market value of the India Smart Street Lights Market in 2035?

The expected market value of the India Smart Street Lights Market in 2035 is 455.0 USD Million.

What is the expected compound annual growth rate (CAGR) for the India Smart Street Lights Market from 2025 to 2035?

The expected CAGR for the India Smart Street Lights Market from 2025 to 2035 is 20.537%.

Who are the key players in the India Smart Street Lights Market?

Key players in the India Smart Street Lights Market include Philips, GE Current, Zebra Technologies, and Schneider Electric.

What is the market size for hardware in the India Smart Street Lights Market in 2024?

The market size for hardware in the India Smart Street Lights Market in 2024 is 20.0 USD Million.

What will be the market size for software in the India Smart Street Lights Market by 2035?

The market size for software in the India Smart Street Lights Market is expected to reach 130.0 USD Million by 2035.

How much is the services segment valued at in the India Smart Street Lights Market in 2024?

The services segment is valued at 20.0 USD Million in the India Smart Street Lights Market in 2024.

What are the emerging trends driving the growth of the India Smart Street Lights Market?

Emerging trends driving the growth of the India Smart Street Lights Market include advancements in IoT technology and increased focus on energy efficiency.

What are the anticipated challenges for the India Smart Street Lights Market?

Anticipated challenges for the India Smart Street Lights Market include the high initial investment costs and potential maintenance issues.

How does the current global scenario impact the India Smart Street Lights Market?

The current global scenario impacts the India Smart Street Lights Market by influencing supply chain dynamics and component availability.

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