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    India Smart Street Lights Market

    ID: MRFR/SEM/55863-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    India 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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    India Smart Street Lights Market Research Report - Forecast till 2035 Infographic
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    Table of Contents

    India Smart Street Lights Market Summary

    The India Smart Street Lights market is projected to grow significantly from 58.3 USD Million in 2024 to 455.0 USD Million by 2035.

    Key Market Trends & Highlights

    India Smart Street Lights Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate (CAGR) of 20.54% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 455.0 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 58.3 USD Million, reflecting the initial stages of expansion.
    • Growing adoption of smart lighting solutions due to increasing urbanization is a major market driver.

    Market Size & Forecast

    2024 Market Size 58.3 (USD Million)
    2035 Market Size 455.0 (USD Million)
    CAGR (2025-2035) 20.54%

    Major Players

    Philips, GE Current, Zebra Technologies, Syska, Schneider Electric, Honeywell, Havells, Crompton Greaves Consumer Electricals, Cree, L&T, OSRAM, Siemens, Bosch, Wipro, Tata Power

    India Smart Street Lights Market Trends

    The integration of advanced technology solutions is becoming increasingly prevalent in the India Smart Street Lights Market. Municipalities are progressively implementing smart street lighting systems that capitalize on IoT, AI, and cloud computing in response to the government's initiative to establish smart cities under the Smart City Mission.

    These technologies enhance public safety and urban aesthetics while simultaneously reducing operational costs and improving energy efficiency. In order to guarantee improved infrastructure and service quality, local governments are increasing their investments in smart lighting, which is motivated by the necessity for sustainable urban development.

    The expanding metropolitan population necessitates more efficient urban solutions and services, which are among the primary market drivers. Smart street lights effectively resolve the critical concerns of public safety and improve road visibility that arise as cities expand.

    The adoption of LED-based smart lighting systems is further accelerated by the government's dedication to reducing carbon footprints and promoting energy conservation. These systems have a longer lifespan and utilize less power than traditional street lights. In the India Smart Street Lights Market, there are numerous opportunities for innovation.

    Companies have the option of establishing partnerships with technology companies to create solutions that integrate adaptive illumination and real-time data analytics. Furthermore, there is the potential to establish smart street light networks that are interconnected with other smart city infrastructure, thereby facilitating the development of integrated urban management systems.

    The demand for human-centric street illumination systems that adapt to pedestrian and vehicle movement is increasing as cities throughout India undergo digital transformation. This aligns with national objectives to enhance the quality of life and infrastructure of cities, as it demonstrates a broader trend of enhancing the livability and responsiveness of urban environments to the requirements of citizens.

    India Smart Street Lights Market Drivers

    Market Segment Insights

    Smart Street Lights Market Component Insights

    The India Smart Street Lights Market has been experiencing significant growth, driven primarily by the increasing need for efficient and sustainable urban infrastructure. Within the Component segment, three main areas stand out: Hardware, Software, and Services, each contributing uniquely to the overall market dynamics.

    Hardware components, such as LED lights and sensors, are essential due to their role in energy efficiency and the reduction of carbon footprints, aligning with India’s commitment to sustainable development. The country is progressively focusing on modernizing its street lighting systems to enhance urban safety and reduce energy consumption. Therefore, hardware forms the backbone of the Smart Street Lights initiative.

    Additionally, Software plays a crucial role in the management and operation of smart street lighting systems, enabling features like remote monitoring and real-time data analytics. This software not only improves operational efficiency but also enhances the responsiveness of urban lighting systems to changing conditions, thereby increasing public safety.

    As cities like Delhi and Mumbai adopt smart technologies, the software component becomes significant in facilitating these advancements. Further, Services encompass installation, maintenance, and advisory services essential for the successful deployment of smart lighting solutions.

    The service sector ensures that smart street lighting systems are functioning at their best, thereby extending the lifespan of hardware components and improving the overall performance of the lighting infrastructure.

    Smart Street Lights Market Networking Technology Insights

    The Networking Technology segment within the India Smart Street Lights Market plays a crucial role in enhancing urban efficiency and sustainability. As cities across India increasingly embrace smart infrastructure, the demand for reliable networking technologies like Narrowband and Broadband continues to grow.

    Narrowband technology facilitates efficient data transmission over long distances with low power consumption, making it ideal for remote streetlight management. Conversely, Broadband technology offers high-speed connectivity, allowing for real-time data sharing, surveillance integration, and advanced analytics.

    The combination of these technologies supports the Indian government's Smart Cities Mission, driving the deployment of intelligent lighting solutions that contribute to energy savings and reduced operational costs.

    With urbanization on the rise and a growing emphasis on smart solutions, the Networking Technology segment of the India Smart Street Lights Market is set to witness significant advancements, addressing challenges such as energy efficiency and traffic management. The synergy between Narrowband and Broadband solutions strengthens connectivity and enhances the effectiveness of smart street lighting systems.

    Smart Street Lights Market Applications Insights

    The Applications segment of the India Smart Street Lights Market plays a pivotal role in enhancing urban infrastructure and improving the quality of life. Within this segment, Smart Parking solutions are gaining traction as cities face increasing vehicle volumes and congestion. These solutions streamline the parking process through real-time data, thereby reducing traffic and emissions, which aligns with India's urban development goals.

    Additionally, Street Light Management systems are crucial for optimizing energy consumption and maintenance costs. These systems utilize smart technologies to adjust lighting based on environmental conditions and occupancy, contributing to energy efficiency and public safety.

    As cities in India increasingly focus on sustainable development and smart city initiatives, the demand for these applications continues to grow, enhancing the overall landscape of urban planning and management.

    The integration of advanced technologies in these applications not only improves operational efficiency but also promotes safer and more connected communities, creating a significant impact on the India Smart Street Lights Market data.

    Get more detailed insights about India Smart Street Lights Market Research Report - Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The India Smart Street Lights Market is experiencing significant growth as urbanization increases and smart city initiatives are implemented across the nation. The market is characterized by various competitors striving to innovate and provide energy-efficient solutions that enhance public safety and reduce operating costs. Businesses in this sector are focusing on advanced technology such as IoT, automation, and smart controls that allow for remote management and monitoring of street lighting systems.

    The competitive landscape involves not only established players but also new entrants seeking to disrupt the market with innovative products. As cities aim to adopt sustainable practices, the competition is intensified by the rising demand for smart lighting solutions that integrate seamlessly with broader smart city frameworks. Philips has a strong foothold in the India Smart Street Lights Market, leveraging its extensive experience and technological expertise in lighting solutions.

    The company’s key strengths lie in its robust product portfolio, which includes energy-efficient LED street lighting and integrated smart lighting systems. Philips is recognized for its commitment to sustainability and innovation, which aligns well with the objectives of many Indian cities pursuing smart city development.

    The strength of Philips in this market is further bolstered by its strategic partnerships with municipal corporations and its strong distribution network, allowing for widespread adoption of its technologies. Philips also emphasizes research and development, ensuring that its products continually meet the evolving needs of urban planners and local governments in India.

    GE Current has established a notable presence in the India Smart Street Lights Market through its focus on intelligent lighting solutions and digital technologies. The company offers a range of products, including advanced LED streetlights and smart lighting controls designed to enhance energy efficiency and operational effectiveness.

    GE Current's strengths stem from its commitment to innovation, which is reflected in its product offerings tailored to Indian urban environments. Furthermore, the company has pursued strategic mergers and acquisitions that have strengthened its market position and expanded its technological capabilities.

    These moves have enabled GE Current to provide comprehensive lighting solutions that not only improve public safety but also facilitate data collection and smart city integration efforts. By aligning its offerings with local demands and urban planning objectives, GE Current continues to enhance its reputation in the competitive landscape of smart street lighting in India.

    Key Companies in the India Smart Street Lights Market market include

    Industry Developments

    The India Smart Street Lights Market has witnessed significant developments in recent months, driven by increasing urbanization and the need for energy-efficient lighting solutions. Major companies such as Philips and Schneider Electric are leading the charge by incorporating advanced technologies in their street lighting systems. In July 2023, Tata Power collaborated with Siemens to enhance smart lighting solutions across major cities.

    Furthermore, in August 2023, Havells launched a new range of smart street lights with integrated sensors for better energy management. The market is also experiencing growth due to initiatives by the Indian government, focusing on smart city projects, with the Ministry of Housing and Urban Affairs emphasizing the adoption of smart lighting technologies.

    Additionally, in September 2023, GE Current announced plans to expand its operations in India, aiming to strengthen its smart lighting portfolio. Acquisitions have also shaped the landscape; Crompton Greaves Consumer Electricals acquired a stake in a smart lighting startup in June 2023 to bolster its market position.

    Overall, these developments are expected to drive the evolution and adoption of smart street lighting solutions, making cities more sustainable and energy-efficient.

    Market Segmentation

    Outlook

    • Smart Parking
    • Street Light Management

    Smart Street Lights Market Component Outlook

    • Hardware
    • Software
    • Services

    Smart Street Lights Market Applications Outlook

    • Smart Parking
    • Street Light Management

    Smart Street Lights Market Networking Technology Outlook

    • Narrowband
    • Broadband

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 42.0 (USD Million)
    MARKET SIZE 2024 58.3 (USD Million)
    MARKET SIZE 2035 455.0 (USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 20.537% (2025 - 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 Philips, GE Current, Zebra Technologies, Syska, Schneider Electric, Honeywell, Havells, Crompton Greaves Consumer Electricals, Cree, L&T, OSRAM, Siemens, Bosch, Wipro, Tata Power
    SEGMENTS COVERED Component, Networking Technology, Applications
    KEY MARKET OPPORTUNITIES Rising urbanization and smart city initiatives, Government support and funding for infrastructure, Adoption of IoT and AI technologies, Increasing focus on energy efficiency, Enhanced public safety and security measures
    KEY MARKET DYNAMICS rising urbanization, government initiatives, energy efficiency, IoT integration, public safety concerns
    COUNTRIES COVERED India

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the projected market size of the India Smart Street Lights Market in 2024?

    The projected market size of the India Smart Street Lights Market in 2024 is valued at 58.3 USD Million.

    What is the expected market value of the India Smart Street Lights Market in 2035?

    The expected market value of the India Smart Street Lights Market in 2035 is 455.0 USD Million.

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

    The expected CAGR for the India Smart Street Lights Market from 2025 to 2035 is 20.537%.

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

    Key players in the India Smart Street Lights Market include Philips, GE Current, Zebra Technologies, and Schneider Electric.

    What is the market size for hardware in the India Smart Street Lights Market in 2024?

    The market size for hardware in the India Smart Street Lights Market in 2024 is 20.0 USD Million.

    What will be the market size for software in the India Smart Street Lights Market by 2035?

    The market size for software in the India Smart Street Lights Market is expected to reach 130.0 USD Million by 2035.

    How much is the services segment valued at in the India Smart Street Lights Market in 2024?

    The services segment is valued at 20.0 USD Million in the India Smart Street Lights Market in 2024.

    What are the emerging trends driving the growth of the India Smart Street Lights Market?

    Emerging trends driving the growth of the India Smart Street Lights Market include advancements in IoT technology and increased focus on energy efficiency.

    What are the anticipated challenges for the India Smart Street Lights Market?

    Anticipated challenges for the India Smart Street Lights Market include the high initial investment costs and potential maintenance issues.

    How does the current global scenario impact the India Smart Street Lights Market?

    The current global scenario impacts the India Smart Street Lights Market by influencing supply chain dynamics and component availability.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. India
    59. Smart Street Lights Market, BY Component (USD Million)
    60. Hardware
    61. Software
    62. Services
    63. India
    64. Smart Street Lights Market, BY Networking Technology (USD Million)
    65. Narrowband
    66. Broadband
    67. India
    68. Smart Street Lights Market, BY Applications (USD Million)
    69. Smart
    70. Parking
    71. Street Light Management
    72. Competitive Landscape
    73. Overview
    74. Competitive
    75. Analysis
    76. Market share Analysis
    77. Major
    78. Growth Strategy in the Smart Street Lights Market
    79. Competitive
    80. Benchmarking
    81. Leading Players in Terms of Number of Developments
    82. in the Smart Street Lights Market
    83. Key developments and
    84. growth strategies
    85. New Product Launch/Service Deployment
    86. Merger
    87. & Acquisitions
    88. Joint Ventures
    89. Major
    90. Players Financial Matrix
    91. Sales and Operating Income
    92. Major
    93. Players R&D Expenditure. 2023
    94. Company
    95. Profiles
    96. Philips
    97. Financial
    98. Overview
    99. Products Offered
    100. Key
    101. Developments
    102. SWOT Analysis
    103. Key
    104. Strategies
    105. GE Current
    106. Financial
    107. Overview
    108. Products Offered
    109. Key
    110. Developments
    111. SWOT Analysis
    112. Key
    113. Strategies
    114. Zebra Technologies
    115. Financial
    116. Overview
    117. Products Offered
    118. Key
    119. Developments
    120. SWOT Analysis
    121. Key
    122. Strategies
    123. Syska
    124. Financial
    125. Overview
    126. Products Offered
    127. Key
    128. Developments
    129. SWOT Analysis
    130. Key
    131. Strategies
    132. Schneider Electric
    133. Financial
    134. Overview
    135. Products Offered
    136. Key
    137. Developments
    138. SWOT Analysis
    139. Key
    140. Strategies
    141. Honeywell
    142. Financial
    143. Overview
    144. Products Offered
    145. Key
    146. Developments
    147. SWOT Analysis
    148. Key
    149. Strategies
    150. Havells
    151. Financial
    152. Overview
    153. Products Offered
    154. Key
    155. Developments
    156. SWOT Analysis
    157. Key
    158. Strategies
    159. Crompton Greaves Consumer
    160. Electricals
    161. Financial Overview
    162. Products
    163. Offered
    164. Key Developments
    165. SWOT
    166. Analysis
    167. Key Strategies
    168. Cree
    169. Financial
    170. Overview
    171. Products Offered
    172. Key
    173. Developments
    174. SWOT Analysis
    175. Key
    176. Strategies
    177. L&T
    178. Financial
    179. Overview
    180. Products Offered
    181. Key
    182. Developments
    183. SWOT Analysis
    184. Key
    185. Strategies
    186. OSRAM
    187. Financial
    188. Overview
    189. Products Offered
    190. Key
    191. Developments
    192. SWOT Analysis
    193. Key
    194. Strategies
    195. Siemens
    196. Financial
    197. Overview
    198. Products Offered
    199. Key
    200. Developments
    201. SWOT Analysis
    202. Key
    203. Strategies
    204. Bosch
    205. Financial
    206. Overview
    207. Products Offered
    208. Key
    209. Developments
    210. SWOT Analysis
    211. Key
    212. Strategies
    213. Wipro
    214. Financial
    215. Overview
    216. Products Offered
    217. Key
    218. Developments
    219. SWOT Analysis
    220. Key
    221. Strategies
    222. Tata Power
    223. Financial
    224. Overview
    225. Products Offered
    226. Key
    227. Developments
    228. SWOT Analysis
    229. Key
    230. Strategies
    231. References
    232. Related
    233. Reports
    234. LIST
    235. OF ASSUMPTIONS
    236. India Smart Street Lights Market SIZE
    237. ESTIMATES & FORECAST, BY COMPONENT, 2019-2035 (USD Billions)
    238. India
    239. Smart Street Lights Market SIZE ESTIMATES & FORECAST, BY NETWORKING TECHNOLOGY,
    240. 2035 (USD Billions)
    241. India Smart Street Lights Market
    242. SIZE ESTIMATES & FORECAST, BY APPLICATIONS, 2019-2035 (USD Billions)
    243. PRODUCT
    244. LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    245. ACQUISITION/PARTNERSHIP
    246. LIST
    247. Of figures
    248. MARKET SYNOPSIS
    249. INDIA
    250. SMART STREET LIGHTS MARKET ANALYSIS BY COMPONENT
    251. INDIA
    252. SMART STREET LIGHTS MARKET ANALYSIS BY NETWORKING TECHNOLOGY
    253. INDIA
    254. SMART STREET LIGHTS MARKET ANALYSIS BY APPLICATIONS
    255. KEY
    256. BUYING CRITERIA OF SMART STREET LIGHTS MARKET
    257. RESEARCH
    258. PROCESS OF MRFR
    259. DRO ANALYSIS OF SMART STREET LIGHTS MARKET
    260. DRIVERS
    261. IMPACT ANALYSIS: SMART STREET LIGHTS MARKET
    262. RESTRAINTS
    263. IMPACT ANALYSIS: SMART STREET LIGHTS MARKET
    264. SUPPLY /
    265. VALUE CHAIN: SMART STREET LIGHTS MARKET
    266. SMART STREET
    267. LIGHTS MARKET, BY COMPONENT, 2025 (% SHARE)
    268. SMART STREET
    269. LIGHTS MARKET, BY COMPONENT, 2019 TO 2035 (USD Billions)
    270. SMART
    271. STREET LIGHTS MARKET, BY NETWORKING TECHNOLOGY, 2025 (% SHARE)
    272. SMART
    273. STREET LIGHTS MARKET, BY NETWORKING TECHNOLOGY, 2019 TO 2035 (USD Billions)
    274. SMART
    275. STREET LIGHTS MARKET, BY APPLICATIONS, 2025 (% SHARE)
    276. SMART
    277. STREET LIGHTS MARKET, BY APPLICATIONS, 2019 TO 2035 (USD Billions)
    278. BENCHMARKING
    279. OF MAJOR COMPETITORS

    India Smart Street Lights Market Segmentation

    • Smart Street Lights Market By Component (USD Million, 2019-2035)

      • Hardware
      • Software
      • Services

     

    • Smart Street Lights Market By Networking Technology (USD Million, 2019-2035)

      • Narrowband
      • Broadband

     

    • Smart Street Lights Market By Applications (USD Million, 2019-2035)

      • Smart Parking
      • Street Light Management

     

     

     

     

     

     

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