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US Smart Street Lights Market

ID: MRFR/SEM/14501-HCR
200 Pages
Garvit Vyas
October 2025

US 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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US Smart Street Lights Market Infographic
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US Smart Street Lights Market Summary

As per MRFR analysis, the US smart street-lights market size was estimated at 150.0 USD Million in 2024. The US smart street-lights market is projected to grow from 181.22 USD Million in 2025 to 1200.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 20.81% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

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

  • The integration of IoT technologies is transforming the functionality of smart street-lights, enhancing their operational efficiency.
  • Energy efficiency remains a focal point, as municipalities seek to reduce costs and environmental impact through innovative lighting solutions.
  • Enhanced public safety features are increasingly being incorporated, addressing community concerns and improving urban living conditions.
  • Government initiatives and funding, alongside rising urbanization, are key drivers propelling the demand for smart street-light solutions.

Market Size & Forecast

2024 Market Size 150.0 (USD Million)
2035 Market Size 1200.0 (USD Million)

Major Players

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

US Smart Street Lights Market Trends

The smart street-lights market is currently experiencing a transformative phase, driven by advancements in technology and increasing urbanization. Cities across the United States are increasingly adopting smart lighting solutions to enhance public safety, reduce energy consumption, and improve overall urban infrastructure. These systems often incorporate sensors, connectivity features, and data analytics, allowing for real-time monitoring and management. As municipalities seek to modernize their infrastructure, the integration of smart street-lights is becoming a priority, reflecting a broader trend towards smart city initiatives. Moreover, the push for sustainability is influencing the smart street-lights market. With growing concerns about climate change and energy efficiency, cities are looking for ways to reduce their carbon footprint. Smart street-lights, which can adjust brightness based on pedestrian and vehicular traffic, offer a promising solution. This adaptability not only conserves energy but also enhances the user experience by providing adequate lighting when needed. As the market evolves, it is likely that innovations will continue to emerge, further solidifying the role of smart street-lights in urban planning and development.

Integration of IoT Technologies

The incorporation of Internet of Things (IoT) technologies is reshaping the smart street-lights market. By connecting lighting systems to a centralized network, cities can monitor and control street-lights remotely. This connectivity allows for real-time data collection, enabling municipalities to optimize energy usage and maintenance schedules. As IoT adoption increases, the efficiency and functionality of smart street-lights are expected to improve significantly.

Focus on Energy Efficiency

Energy efficiency remains a critical focus within the smart street-lights market. Many municipalities are transitioning to LED lighting solutions, which consume less energy compared to traditional options. Additionally, smart street-lights equipped with adaptive lighting capabilities can adjust brightness based on environmental conditions, further enhancing energy savings. This trend aligns with broader sustainability goals and regulatory frameworks aimed at reducing energy consumption.

Enhanced Public Safety Features

Public safety is a paramount concern for urban planners, and the smart street-lights market is responding with innovative solutions. Many smart street-lights now include features such as integrated cameras and emergency response systems. These enhancements not only improve visibility but also provide real-time surveillance capabilities, contributing to safer urban environments. As cities prioritize safety, the demand for these advanced lighting solutions is likely to grow.

US Smart Street Lights Market Drivers

Rising Urbanization

The trend of rising urbanization in the U.S. is a significant driver for the smart street-lights market. As more people migrate to urban areas, the demand for efficient and effective public services, including street lighting, increases. Urban centers are facing challenges related to traffic congestion and public safety, which smart street-lights can help mitigate. The integration of smart technologies allows for adaptive lighting solutions that respond to real-time conditions, enhancing both safety and energy efficiency. It is estimated that urban areas will account for over 80% of the U.S. population by 2050, further emphasizing the need for innovative lighting solutions. This demographic shift is likely to propel the smart street-lights market as cities seek to modernize their infrastructure.

Technological Advancements

Technological advancements are a driving force in the smart street-lights market. Innovations in LED technology, sensors, and connectivity options have made smart street-lights more efficient and cost-effective. The transition from traditional lighting to smart systems is facilitated by the decreasing costs of these technologies. For example, the price of LED lights has dropped significantly, making them more accessible for municipalities. Furthermore, the integration of IoT and AI technologies allows for enhanced data collection and analysis, leading to improved operational efficiency. The smart street-lights market is expected to witness a surge in adoption rates, with projections indicating a market value exceeding $10 billion by 2030. These advancements not only enhance functionality but also contribute to sustainability goals.

Environmental Sustainability Goals

The increasing emphasis on environmental sustainability is a crucial driver for the smart street-lights market. As cities strive to reduce their carbon footprints, smart street-lights offer a viable solution by utilizing energy-efficient technologies. The shift towards renewable energy sources, such as solar-powered street-lights, aligns with broader sustainability initiatives. Municipalities are increasingly adopting smart lighting systems that can significantly lower energy consumption, with estimates suggesting reductions of up to 50% compared to traditional lighting. This focus on sustainability is not only beneficial for the environment but also aligns with public expectations for greener urban spaces. Consequently, the smart street-lights market is likely to expand as cities prioritize eco-friendly solutions.

Government Initiatives and Funding

Government initiatives play a pivotal role in the smart street-lights market. Various federal and state programs are increasingly allocating funds to enhance urban infrastructure, which includes the deployment of smart street-lights. For instance, the U.S. Department of Transportation has introduced grants aimed at modernizing transportation systems, which often encompass smart lighting solutions. This financial support is crucial as it encourages municipalities to invest in advanced lighting technologies. The smart street-lights market is projected to grow significantly, with estimates suggesting a compound annual growth rate (CAGR) of around 20% over the next five years. Such initiatives not only improve public safety but also promote energy efficiency, thereby driving the market forward.

Public Demand for Smart City Solutions

Public demand for smart city solutions is a notable driver of the smart street-lights market. Citizens are increasingly advocating for improved urban infrastructure that enhances quality of life. Smart street-lights, which offer features such as adaptive lighting and integrated sensors, respond to these demands by providing safer and more efficient public spaces. The growing awareness of smart city concepts has led to increased pressure on local governments to implement such technologies. Surveys indicate that over 70% of urban residents support the adoption of smart technologies in their cities. This public sentiment is likely to influence policy decisions and funding allocations, thereby propelling the smart street-lights market forward as municipalities seek to meet the expectations of their constituents.

Market Segment Insights

By Components: Hardware (Largest) vs. Services (Fastest-Growing)

In the US smart street-lights market, the market share distribution indicates that hardware along with its components holds the largest share, reflecting its critical role in the infrastructure. This segment encompasses various items such as LED lights and sensors, which are essential for modernizing street lighting. On the other hand, services, which include installation and maintenance, are emerging rapidly due to increasing urbanization and the need for smart solutions in public spaces. The growth trends in the components segment are driven primarily by advancements in technology and the integration of IoT solutions. Hardware is expected to maintain its dominance as municipalities invest in upgrading their systems to improve energy efficiency. Conversely, the services segment is experiencing a surge as cities seek reliable support for managing smart street-light systems, with a shift towards service-oriented business models gaining prominence.

Hardware: Dominant vs. Services: Emerging

The hardware segment in the US smart street-lights market is characterized by its foundational role in the deployment of smart lighting solutions. It includes durable and energy-efficient lighting fixtures, sensors, and communication devices that collectively enhance urban infrastructure. This segment leads the market due to the ongoing replacement of outdated systems with modern technologies. Meanwhile, the services segment represents an emerging category, focusing on the installation, monitoring, and maintenance of smart street-light systems. With rapid urban expansion and the growing demand for smart city solutions, this segment is becoming increasingly vital as it ensures the ongoing functionality and optimization of hardware, supporting overall market growth.

By Networking Technology: Narrowband (Largest) vs. Broadband (Fastest-Growing)

The market share distribution in the US smart street-lights market demonstrates a significant preference towards Narrowband technology, which stands as the largest segment due to its efficiency and lower operational costs. In contrast, the Broadband segment, although currently smaller in market share, is gaining traction rapidly, attributed to enhanced data transmission capabilities that support advanced smart city initiatives. Growth trends indicate that Narrowband's established presence will continue to attract municipalities looking for cost-effective solutions. However, the rising demand for Broadband, driven by the increasing need for real-time data processing and connectivity, marks it as the fastest-growing segment. Factors such as IoT integration and the evolution of smart city architectures are propelling both segments to adapt quickly to urban technological advancements.

Networking Technology: Narrowband (Dominant) vs. Broadband (Emerging)

Narrowband technology remains the dominant force in the networking segment of the US smart street-lights market due to its reliable performance and operational efficiency. It provides essential connectivity at lower costs, making it a favored choice among municipalities aiming to implement smart lighting solutions affordably. Meanwhile, the Broadband segment, characterized by its high-speed data transmission capabilities, is emerging as a vital player, enabled by an increasing focus on smart city developments. Broadband technology supports not only street lighting but also additional urban services, enhancing public safety and traffic management. As cities evolve, the integration of these technologies will likely lead to a more interconnected and responsive urban environment.

By Applications: Smart Parking (Largest) vs. Street Light Management (Fastest-Growing)

The US smart street-lights market demonstrates varied distribution among the different applications. Smart Parking commands a significant share, attributed to the increasing urbanization and the demand for efficient management of parking spaces. This segment has become integral in promoting smart city initiatives, thereby reflecting its importance in the infrastructure landscape. On the other hand, Street Light Management is emerging rapidly, driven by advancements in IoT technologies and the growing emphasis on energy efficiency. The market is witnessing a shift towards smart solutions that provide real-time data for optimizing streetlight performance, which is fostering its growth and increasing investments in this area.

Applications: Smart Parking (Dominant) vs. Street Light Management (Emerging)

Smart Parking represents a dominant application within the sector, characterized by its ability to reduce parking congestion and enhance user convenience through innovative technology solutions. Its established infrastructure, combined with high adoption rates among municipalities, reflects its critical role in urban planning. Meanwhile, Street Light Management is regarded as an emerging application, driven by the need for energy-efficient solutions. By utilizing smart sensors and data analytics, this segment aims to optimize lighting conditions and reduce operational costs. Its rapid growth is propelled by governmental incentives for sustainable practices and the increasing integration of smart technologies.

Get more detailed insights about US Smart Street Lights Market

Key Players and Competitive Insights

The smart street-lights market 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 GE Current (US) are at the forefront, each adopting distinct strategies to enhance their market positioning. Signify (NL) emphasizes innovation through its commitment to sustainable lighting solutions, while Schneider Electric (FR) focuses on digital transformation and energy efficiency. GE Current (US) leverages its extensive experience in smart infrastructure to integrate IoT capabilities into its offerings, thereby enhancing operational efficiency and user engagement. 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 supply chain vulnerabilities and enhance responsiveness to market demands. The market structure appears moderately fragmented, with several players vying for market share, yet the influence of major companies remains substantial. This competitive structure fosters innovation and encourages smaller firms to adopt advanced technologies to remain relevant.

In October 2025, Signify (NL) announced a partnership with a leading urban development firm to implement smart lighting solutions in several major cities across the US. This collaboration is strategically significant as it not only expands Signify's market reach but also aligns with the growing trend of smart city initiatives, thereby enhancing urban sustainability and efficiency.

In September 2025, Schneider Electric (FR) launched a new line of smart street lights equipped with advanced sensors and AI capabilities. This move is indicative of the company's focus on integrating cutting-edge technology into its products, which is likely to enhance energy management and operational efficiency for municipalities. The introduction of these smart solutions positions Schneider Electric as a leader in the digital transformation of urban infrastructure.

In August 2025, GE Current (US) secured a contract to retrofit existing street lighting systems in a major metropolitan area with its latest smart lighting technology. This strategic action not only demonstrates GE Current's commitment to modernizing urban infrastructure but also highlights the growing demand for energy-efficient solutions. The retrofit is expected to reduce energy consumption by up to 50%, showcasing the potential for significant cost savings and environmental benefits.

As of November 2025, current trends in the smart street-lights market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaboration. Looking ahead, it is anticipated that competitive differentiation will increasingly pivot from price-based strategies to a focus on innovation, technological advancements, and supply chain reliability. This shift underscores the importance of adaptability and forward-thinking in navigating the evolving market dynamics.

Key Companies in the US Smart Street Lights Market market include

Industry Developments

The US Smart Street Lights Market is witnessing significant advancements, particularly with major players like Signify, GE Current, and Philips Lighting leading the charge in upgrading urban infrastructure. In August 2023, Enel X launched a comprehensive smart lighting solution for U.S. cities, integrating advanced IoT technologies designed to enhance energy efficiency and urban safety. Sierra Wireless announced collaborations focused on providing robust connectivity solutions, crucial for smart street light operations. Mergers and acquisitions have also shaped the landscape; in July 2023, Eaton acquired a smart lighting technology firm to strengthen its position in this growing market. 

The market capitalization of key companies such as Itron and Schneider Electric has seen considerable growth, paralleling increased demand for energy-efficient urban development. Over the past few years, initiatives for the installation of smart street lights in cities like San Diego and Chicago have garnered substantial public interest, promoting enhanced city management through real-time data analytics. These developments signify a transformative phase in the US Smart Street Lights Market, emphasizing sustainability and innovation.

Future Outlook

US Smart Street Lights Market Future Outlook

The smart street-lights market is projected to grow at a 20.81% CAGR from 2024 to 2035, driven by urbanization, energy efficiency demands, and technological advancements.

New opportunities lie in:

  • Integration of IoT sensors for real-time data analytics
  • Development of adaptive lighting systems for energy savings
  • Partnerships with municipalities for smart city initiatives

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

Market Segmentation

US Smart Street Lights Market Components Outlook

  • Hardware
  • Software
  • Services

US Smart Street Lights Market Applications Outlook

  • Smart Parking
  • Street Light Management

US Smart Street Lights Market Networking Technology Outlook

  • Narrowband
  • Broadband

Report Scope

MARKET SIZE 2024 150.0(USD Million)
MARKET SIZE 2025 181.22(USD Million)
MARKET SIZE 2035 1200.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 20.81% (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 Lighting (US), Osram (DE), Philips Lighting (NL), Eaton (US)
Segments Covered Components, Networking Technology, Applications
Key Market Opportunities Integration of advanced sensors and IoT technology enhances efficiency in the smart street-lights market.
Key Market Dynamics Technological advancements drive innovation in smart street-lights, enhancing energy efficiency and urban safety.
Countries Covered US

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FAQs

What is the expected market size of the US Smart Street Lights Market in 2024?

The US Smart Street Lights Market is expected to be valued at 168.0 million USD in 2024.

What will be the value of the US Smart Street Lights Market by 2035?

By 2035, the US Smart Street Lights Market is anticipated to reach a value of 1396.13 million USD.

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

The expected CAGR for the US Smart Street Lights Market from 2025 to 2035 is 21.228%.

Which segment of the US Smart Street Lights Market is projected to have the highest value in 2035?

The hardware segment is expected to be valued at 572.13 million USD by 2035.

What is the market size of the software component in the US Smart Street Lights Market in 2024?

In 2024, the software component of the US Smart Street Lights Market is valued at 50.0 million USD.

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

Major players in the US Smart Street Lights Market include Signify, GE Current, and Siemens among others.

What is the value of the services segment in the US Smart Street Lights Market in 2024?

The services segment is valued at 48.0 million USD in 2024.

What opportunities are driving growth in the US Smart Street Lights Market?

Growth in the US Smart Street Lights Market is driven by the increasing need for energy efficiency and sustainable infrastructure.

What challenges does the US Smart Street Lights Market currently face?

Challenges in the US Smart Street Lights Market include the high initial investment and integration with existing infrastructure.

What impact does emerging technology have on the growth of the US Smart Street Lights Market?

Emerging technology is expected to enhance functionality and connectivity, further fueling the growth of the US Smart Street Lights Market.

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