Global LED Street Lighting Market Growth 2025-2031

Global LED Street Lighting Market Growth 2025-2031

The global LED Street Lighting market size is predicted to grow from US$ 9600 million in 2025 to US$ 13550 million in 2031; it is expected to grow at a CAGR of 5.9% from 2025 to 2031.

An LED street light is a type of street light that uses light-emitting diodes (LEDs) as its light source. These lights are known for their high efficiency, long lifespan, and ability to provide a directed and uniform illumination, making them suitable for roadways, pathways, and outdoor lighting in general. LED street lights typically consume less energy compared to traditional street lighting technologies such as high-pressure sodium or mercury vapor lamps, and they offer improved visibility and reduced maintenance costs.

The LED street lighting market has shown rapid development in recent years, thanks to the maturation of technology and the reduction of costs. Globally, the LED street lighting market is concentrated in regions such as Asia-Pacific, North America, and Europe. Among these, China holds a significant position as the world's largest producer and consumer of LED street lights. The Chinese government strongly promotes green lighting, and local governments across the country have implemented LED street light retrofit projects, leading to the quick popularization of LED street lights in the domestic market. In the global LED street lighting market, international renowned companies like Cree, LEOTEK, Hubbell, Acuity Brands, and Signify have strong competitiveness. These companies have advantages in terms of technology research and development, brand influence, and market channels, and they hold a large market share. The top three companies in the world occupy more than 25% of the market share. China's LED street lighting market is highly competitive, with numerous companies. Chinese companies, represented by Op Lighting and Kindled Lighting, are gradually rising in the market. With the continuous development of LED technology, issues such as luminous efficiency, light decay, and heat dissipation of LED street lights are gradually being resolved, leading to improved product performance. In the future, the LED street lighting market will move towards intelligent development, such as integrating Internet of Things technology and enabling remote monitoring and control.

In summary, the market prospects for LED street lights are broad, and competition among enterprises is becoming increasingly fierce. Driven by policy support and market demand, the LED street lighting market will continue to maintain a high-speed development trend. At the same time, enterprises need to continuously innovate and improve product quality and cost-performance ratio to adapt to market changes and seize development opportunities.

LP Information, Inc. (LPI) ' newest research report, the “LED Street Lighting Industry Forecast” looks at past sales and reviews total world LED Street Lighting sales in 2024, providing a comprehensive analysis by region and market sector of projected LED Street Lighting sales for 2025 through 2031. With LED Street Lighting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Street Lighting industry.

This Insight Report provides a comprehensive analysis of the global LED Street Lighting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LED Street Lighting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LED Street Lighting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Street Lighting and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LED Street Lighting.

This report presents a comprehensive overview, market shares, and growth opportunities of LED Street Lighting market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Below 100W
100-150W
Over 150W

Segmentation by Application:
Highway
Arterials
Subsidiary Road and Residential Streets
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Cree
LEOTEK
Hubbell
Acuity Brands
Signify
LSI Industries
Eaton (Cooper Lighting)
LEDVANCE GmbH
Kingsun
Excellence Optoelectronics
Lena Lighting
Dialight Corporation
Schréder
Wipro Lighting
Upward Lighting
gmr enlights
Vorlane
HPWINNER
Le-tehnika
Opple Lighting

Key Questions Addressed in this Report

What is the 10-year outlook for the global LED Street Lighting market?

What factors are driving LED Street Lighting market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do LED Street Lighting market opportunities vary by end market size?

How does LED Street Lighting break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.