Market Analysis of LED Street Lighting: 2025-2033

Posted in

August 15, 2025

LED Street Lighting Market Analysis for 2025-2033

The global LED street light market is poised for significant growth, expected to expand from $13.0 billion in 2024 to $40.9 billion by 2033, with a compound annual growth rate (CAGR) of 12.87% during the forecast period. Key factors driving this growth include enhanced energy efficiency, long lifespans, and smart city integration capabilities of LED technology. Governments are also playing a crucial role in encouraging adoption through various initiatives. The shift to LED street lighting improves urban safety and environmental sustainability, as these lights offer better visibility and reduced greenhouse gas emissions. Major companies like Philips Lighting, Eaton, and OSRAM are advancing the market through innovative features and IoT integration, positioning themselves strategically amid rising global urbanization.

Original source:

https://www.globenewswire.com/fr/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

Market Analysis of LED Street Lighting: 2025-2033

Understanding the Importance of Connected LED Lighting in Achieving Net Zero Goals

Rizwan Jan Advocates for a Purposeful Approach to Technology Beyond Basic Operations

Enhancing Growth in Vertical Farms Through Optimized LED Lighting Spectra

Essential Funding for Bioregenerative Life Support Systems in Bioastronautics and Sustainable Lunar Missions