LED Street Lighting Market Analysis for 2025-2033

Posted in

August 15, 2025

LED Street Lighting Market Analysis for 2025-2033

The global LED street light market is set to experience significant growth, projected to increase from USD 13.0 billion in 2024 to USD 40.9 billion by 2033, reflecting a compound annual growth rate (CAGR) of 12.87% between 2025 and 2033. Key factors driving this expansion include enhanced energy efficiency, longevity, and integration with smart city technologies. As municipalities prioritize road safety and sustainability, the adoption of LED systems is accelerating, with a focus on retrofitting existing infrastructure. China leads the market due to its commitment to sustainable urban development, while major companies like Philips Lighting and Eaton continue to innovate and expand their global presence. The report underscores the importance of intelligent lighting solutions that promote environmental sustainability and public safety.

Original source:

https://www.globenewswire.com/news-release/2025/08/15/3134328/0/en/LED-Street-Light-Market-Report-2025-2033-Philips-Lighting-Eaton-and-OSRAM-Drive-Growth-with-IoT-Integration-and-Global-Expansion-Strategies.html

LED Street Lighting Market Analysis for 2025-2033

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