Us LED Street Lighting Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
LED Street Lighting Market was valued at USD 8.1 Billion in 2022 and is projected to reach USD 13.5 Billion by 2030, growing at a CAGR of 7.1% from 2024 to 2030.
The US LED street lighting market has witnessed significant growth over the past decade, driven by the increasing demand for energy-efficient and sustainable lighting solutions. As municipalities and cities across the country strive to reduce energy consumption and carbon footprints, LED streetlights have emerged as a cost-effective and eco-friendly alternative to traditional lighting technologies. By offering longer lifespans, reduced maintenance costs, and better illumination quality, LED streetlights have become a popular choice for urban planners and local governments.
According to industry reports, the market is expected to grow substantially in the coming years, with more cities adopting LED technology for street and roadway lighting. The transition from incandescent and sodium lights to LEDs is not just about saving energy; it's also about enhancing the safety and aesthetics of urban environments. LED lights offer superior brightness, uniform light distribution, and better visibility, all of which contribute to reduced accidents and crimes in poorly lit areas.
The economic benefits of LED street lighting are also a major driving force behind its growth. As municipalities replace outdated lighting infrastructure, they are seeing significant reductions in energy consumption, which in turn lowers electricity bills. Additionally, LED lights have a longer lifespan, meaning cities can save on maintenance and replacement costs. Some reports estimate that LED street lights can cut energy consumption by up to 50-70%, providing considerable savings for local governments.
Another trend influencing the US LED street lighting market is the growing adoption of smart city technologies. Many cities are integrating LED streetlights with IoT sensors and smart controls, enabling remote monitoring and adjustments. This has led to the development of connected street lighting systems that can optimize energy use based on traffic patterns, weather conditions, and time of day.
In addition to the environmental and economic advantages, the US LED street lighting market also intersects with other industries, such as the "100 Gigabit Fiber Optic Transceiver Market". The integration of fiber optic and wireless technologies with smart LED systems enables real-time data exchange, further enhancing the efficiency of urban infrastructure and city management.
The ongoing advancements in LED technology, coupled with government incentives and public-private partnerships, are expected to continue driving the market forward, making LED street lighting an essential component of future urban planning.
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Cree
LEOTEK
GE Lighting
Hubbell
Philips Lighting
Osram
Excellence Optoelectronics
Eaton Cooper
Acuity Brands
Kingsun
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global LED Street Lighting Market
Traditional LED Street Lights
Smart LED Street Lights
Solar LED Street Lights
Retrofit LED Street Lights
Urban Area Street Lighting
Highways and Roadways Lighting
Parks and Recreational Areas Lighting
Industrial Area Lighting
New Installations
Replacement or Retrofit Installations
Municipalities and Government Agencies
Commercial and Industrial Users
Residential Users
Transport Infrastructure
Dimmable LED Street Lights
Non-Dimmable LED Street Lights
Wireless Control Systems for LED Street Lights
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global LED Street Lighting Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global LED Street Lighting Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global LED Street Lighting Market, By Type
6. Global LED Street Lighting Market, By Application
7. Global LED Street Lighting Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global LED Street Lighting Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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