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    US Smart Street Lights Market

    ID: MRFR/SEM/14501-HCR
    200 Pages
    Garvit Vyas
    September 2025

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

    US Smart Street Lights Market Summary

    The US Smart Street Lights market is projected to grow from 168 million USD in 2024 to 1396.1 million USD by 2035.

    Key Market Trends & Highlights

    US Smart Street Lights Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 21.23 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach approximately 1396.1 million USD.
    • In 2024, the market is valued at around 168 million USD, indicating a strong growth trajectory.
    • Growing adoption of smart lighting technologies due to increasing urbanization is a major market driver.

    Market Size & Forecast

    2024 Market Size 168 (USD Million)
    2035 Market Size 1396.1 (USD Million)
    CAGR (2025-2035) 21.23%

    Major Players

    Signify, Sierra Wireless, GE Current, Lumiere, Eaton, Itron, Telensa, Enel X, Philips Lighting, Osram, Cree, Honeywell, Siemens, Schneider Electric

    US Smart Street Lights Market Trends

    The US Smart Street Lights Market is experiencing significant market trends driven by the increasing need for efficient energy management and sustainable urban development. The rise in government initiatives to upgrade aging infrastructure with smart technologies is a key market driver. For example, many cities in the US are adopting smart street light systems as part of their efforts to reduce energy costs and enhance safety. The integration of IoT capabilities in street lighting allows for real-time data collection and analysis, which improves responsiveness to environmental conditions and maintenance needs.

    There are substantial opportunities to be explored in the deployment of advanced lighting solutions.Municipalities can optimize their operational costs by transitioning to smart street lights that provide adaptive illumination and integrate with traffic management systems. 

    The focus on enhancing public safety and reducing crime rates through improved lighting is also a significant factor driving demand. Many cities are recognizing the potential of smart street lights for additional applications, such as monitoring air quality and providing communication services. Recent trends in the US Smart Street Lights Market indicate a growing interest in sustainability and resilience. Local governments are increasingly prioritizing green solutions that contribute to reducing carbon emissions.Various cities are collaborating with technology providers to pilot innovative smart lighting projects, showcasing how such initiatives can enhance the livability of urban areas. 

    The advent of smart technologies has also encouraged discussions on data privacy and security, prompting stakeholders to develop robust frameworks to protect citizens while leveraging smart systems. Overall, these trends highlight a transformative shift in urban planning and infrastructure investment across the US.

    US Smart Street Lights Market Drivers

    Market Segment Insights

    Smart Street Lights Market Component Insights

    The Component segment of the US Smart Street Lights Market encompasses crucial elements that drive the overall functionality and effectiveness of smart lighting systems. This segment consists of three primary components: Hardware, Software, and Services, each playing a vital role in the broader smart city infrastructure. The Hardware component typically includes luminaires, sensors, and communication devices, facilitating real-time monitoring and control, thus significantly improving energy efficiency and street safety.

    The advanced features found in modern smart street lights, such as adaptive lighting and preemptive maintenance, are largely reliant on cutting-edge Hardware development.In terms of Software, solutions primarily focus on data analytics and management platforms that harness information from integrated systems to optimize light performance, monitor environmental conditions, and streamline maintenance operations. 

    The rise of the Internet of Things (IoT) has catalyzed the integration of intelligent software solutions, allowing municipalities to achieve unprecedented levels of control over their street lighting systems. Lastly, the Services segment encompasses consultation, maintenance, installation, and performance evaluation, which are essential in ensuring the continued effectiveness of smart lighting systems.As cities across the US prioritize sustainable development and enhanced public safety, a significant demand for effective integration of these components is expected, thereby propelling innovation and investments in the sector.

    The US Smart Street Lights Market statistics demonstrate a growing acknowledgment of the need for smarter, more resilient urban infrastructure powered by comprehensive smart street lighting solutions. 

    The convergence of these elements not only promotes energy conservation and operational efficiency but also opens avenues for smart mobility, public safety enhancements, and integrated urban management.With ongoing advancements in technology and an increasing emphasis on sustainable urban environments, the Component segment is positioned to remain instrumental in shaping the future of urban lighting across the United States.

    Smart Street Lights Market Networking Technology Insights

    The Networking Technology segment within the US Smart Street Lights Market is witnessing significant evolution driven by advancements in communication frameworks. This segment is primarily categorized into Narrowband and Broadband technologies, both playing crucial roles in the development of smart infrastructure across U.S. cities. Narrowband technology is increasingly favored for its ability to provide extendable coverage and energy efficiency, making it ideal for low-bandwidth applications like street lighting control. This translates to cost-effectiveness and longevity in operation, aligning with governmental sustainability initiatives.

    Conversely, Broadband technology is adapting rapidly, enabling real-time data transfer and enhanced connectivity for integrated smart city applications. Its significance lies in supporting a more comprehensive communication system that hosts a multitude of functionalities, such as monitoring and data analytics. As demand for intelligent urban environments escalates, the integration and optimization of both Narrowband and Broadband technologies are imperative to achieving seamless connectivity and operational efficiency, thus fostering growth in the US Smart Street Lights Market landscape.

    Smart Street Lights Market Applications Insights

    The Applications segment of the US Smart Street Lights Market plays a vital role in enhancing urban infrastructure and improving efficiency. Key areas within this segment include Smart Parking and Street Light Management, both of which are becoming increasingly significant due to the ongoing push for smart city initiatives across the US. Smart Parking solutions contribute to effective utilization of space while minimizing congestion and emissions, addressing the growing need for sustainable urban planning. Similarly, Street Light Management systems provide real-time monitoring and control of street lights, resulting in energy savings and reduced operational costs.

    The integration of advanced technologies such as IoT and AI in these applications enables municipalities to optimize resource allocation and improve public safety. As the demand for smart infrastructure grows, these applications are positioned to dominate the market, reflecting broader trends in urban development and sustainability efforts within key US cities. The focus on smart solutions in public amenities presents opportunities for innovation and investment, further underscoring the significance of the Applications segment in the overall landscape of the US Smart Street Lights Market.

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

    Regional Insights

    Key Players and Competitive Insights

    The US Smart Street Lights Market is experiencing significant growth driven by the increasing need for intelligent infrastructure that enhances urban living. As municipalities look to modernize their lighting systems, this market is characterized by innovations in technology, integration with IoT capabilities, and a growing emphasis on energy efficiency. Key players in the market are leveraging advanced sensors, wireless connectivity, and data analytics to provide smarter solutions. The competitive landscape is continually evolving, with companies focusing on product development, strategic partnerships, and market differentiation to establish a strong foothold in this rapidly growing sector.

    Signify stands out as a prominent player in the US Smart Street Lights Market, recognized for its emphasis on innovative lighting solutions. The company's extensive product portfolio includes technologically advanced street lighting systems that not only improve visibility and safety but also reduce energy consumption significantly. Signify's strengths lie in its strong brand reputation, commitment to sustainability, and investment in research and development. The company has successfully expanded its market presence in the US by forming strategic alliances with local governments and urban planners to implement smart city initiatives.

    By focusing on intelligent and connected lighting solutions, Signify has established itself as a leader in promoting energy-efficient street lighting across various urban settings.

    Sierra Wireless has carved a niche for itself in the US Smart Street Lights Market by specializing in connectivity solutions essential for smart street lighting infrastructures. The company offers a range of products and services including cellular modules and gateways, which enable seamless communication between smart street lights and control systems. Sierra Wireless's strengths in the market stem from its expertise in IoT connectivity and its ability to provide reliable, scalable solutions that empower municipalities to optimize street lighting management.

    The company has also engaged in strategic partnerships and acquisitions to expand its product offerings and enhance its market footprint in the US. By focusing on advancing wireless communication technologies and IoT applications specific to smart street lighting, Sierra Wireless continues to play a crucial role in the evolving landscape of urban infrastructure solutions.

    Key Companies in the US Smart Street Lights Market market include

    Industry Developments

    The US Smart Street Lights Market is witnessing significant advancements, particularly with major players like Signify, GE Current, and Philips Lighting leading the charge in upgrading urban infrastructure. In August 2023, Enel X launched a comprehensive smart lighting solution for U.S. cities, integrating advanced IoT technologies designed to enhance energy efficiency and urban safety. Sierra Wireless announced collaborations focused on providing robust connectivity solutions, crucial for smart street light operations. Mergers and acquisitions have also shaped the landscape; in July 2023, Eaton acquired a smart lighting technology firm to strengthen its position in this growing market. 

    The market capitalization of key companies such as Itron and Schneider Electric has seen considerable growth, paralleling increased demand for energy-efficient urban development. Over the past few years, initiatives for the installation of smart street lights in cities like San Diego and Chicago have garnered substantial public interest, promoting enhanced city management through real-time data analytics. These developments signify a transformative phase in the US Smart Street Lights Market, emphasizing sustainability and innovation.

    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 144.0(USD Million)
    MARKET SIZE 2024 168.0(USD Million)
    MARKET SIZE 2035 1396.13(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 21.228% (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 Signify, Sierra Wireless, GE Current, Lumiere, Eaton, Itron, Telensa, Enel X, Philips Lighting, Osram, Cree, Honeywell, Siemens, Schneider Electric
    SEGMENTS COVERED Component, Networking Technology, Applications
    KEY MARKET OPPORTUNITIES Energy efficiency improvements, Urban infrastructure modernization, IoT integration capabilities, Smart city initiatives expansion, Government funding and incentives
    KEY MARKET DYNAMICS increasing urbanization, government initiatives, energy efficiency, advanced technologies, public safety concerns
    COUNTRIES COVERED US

    Market Highlights

    Author
    Garvit Vyas
    Analyst

    Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

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    FAQs

    What is the expected market size of the US Smart Street Lights Market in 2024?

    The US Smart Street Lights Market is expected to be valued at 168.0 million USD in 2024.

    What will be the value of the US Smart Street Lights Market by 2035?

    By 2035, the US Smart Street Lights Market is anticipated to reach a value of 1396.13 million USD.

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

    The expected CAGR for the US Smart Street Lights Market from 2025 to 2035 is 21.228%.

    Which segment of the US Smart Street Lights Market is projected to have the highest value in 2035?

    The hardware segment is expected to be valued at 572.13 million USD by 2035.

    What is the market size of the software component in the US Smart Street Lights Market in 2024?

    In 2024, the software component of the US Smart Street Lights Market is valued at 50.0 million USD.

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

    Major players in the US Smart Street Lights Market include Signify, GE Current, and Siemens among others.

    What is the value of the services segment in the US Smart Street Lights Market in 2024?

    The services segment is valued at 48.0 million USD in 2024.

    What opportunities are driving growth in the US Smart Street Lights Market?

    Growth in the US Smart Street Lights Market is driven by the increasing need for energy efficiency and sustainable infrastructure.

    What challenges does the US Smart Street Lights Market currently face?

    Challenges in the US Smart Street Lights Market include the high initial investment and integration with existing infrastructure.

    What impact does emerging technology have on the growth of the US Smart Street Lights Market?

    Emerging technology is expected to enhance functionality and connectivity, further fueling the growth of the US Smart Street Lights Market.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Smart Street Lights Market, BY Component (USD Million)
    45. Hardware
    46. Software
    47. Services
    48. US Smart Street Lights Market, BY Networking Technology (USD Million)
    49. Narrowband
    50. Broadband
    51. US Smart Street Lights Market, BY Applications (USD Million)
    52. Smart Parking
    53. Street Light Management
    54. Competitive Landscape
    55. Overview
    56. Competitive Analysis
    57. Market share Analysis
    58. Major Growth Strategy in the Smart Street Lights Market
    59. Competitive Benchmarking
    60. Leading Players in Terms of Number of Developments in the Smart Street Lights Market
    61. Key developments and growth strategies
    62. New Product Launch/Service Deployment
    63. Merger & Acquisitions
    64. Joint Ventures
    65. Major Players Financial Matrix
    66. Sales and Operating Income
    67. Major Players R&D Expenditure. 2023
    68. Company Profiles
    69. Signify
    70. Financial Overview
    71. Products Offered
    72. Key Developments
    73. SWOT Analysis
    74. Key Strategies
    75. Sierra Wireless
    76. Financial Overview
    77. Products Offered
    78. Key Developments
    79. SWOT Analysis
    80. Key Strategies
    81. GE Current
    82. Financial Overview
    83. Products Offered
    84. Key Developments
    85. SWOT Analysis
    86. Key Strategies
    87. Lumiere
    88. Financial Overview
    89. Products Offered
    90. Key Developments
    91. SWOT Analysis
    92. Key Strategies
    93. Eaton
    94. Financial Overview
    95. Products Offered
    96. Key Developments
    97. SWOT Analysis
    98. Key Strategies
    99. Itron
    100. Financial Overview
    101. Products Offered
    102. Key Developments
    103. SWOT Analysis
    104. Key Strategies
    105. Telensa
    106. Financial Overview
    107. Products Offered
    108. Key Developments
    109. SWOT Analysis
    110. Key Strategies
    111. Enel X
    112. Financial Overview
    113. Products Offered
    114. Key Developments
    115. SWOT Analysis
    116. Key Strategies
    117. Philips Lighting
    118. Financial Overview
    119. Products Offered
    120. Key Developments
    121. SWOT Analysis
    122. Key Strategies
    123. Osram
    124. Financial Overview
    125. Products Offered
    126. Key Developments
    127. SWOT Analysis
    128. Key Strategies
    129. Cree
    130. Financial Overview
    131. Products Offered
    132. Key Developments
    133. SWOT Analysis
    134. Key Strategies
    135. Honeywell
    136. Financial Overview
    137. Products Offered
    138. Key Developments
    139. SWOT Analysis
    140. Key Strategies
    141. Siemens
    142. Financial Overview
    143. Products Offered
    144. Key Developments
    145. SWOT Analysis
    146. Key Strategies
    147. Schneider Electric
    148. Financial Overview
    149. Products Offered
    150. Key Developments
    151. SWOT Analysis
    152. Key Strategies
    153. References
    154. Related Reports
    155. US Smart Street Lights Market SIZE ESTIMATES & FORECAST, BY COMPONENT, 2019-2035 (USD Billions)
    156. US Smart Street Lights Market SIZE ESTIMATES & FORECAST, BY NETWORKING TECHNOLOGY, 2019-2035 (USD Billions)
    157. US Smart Street Lights Market SIZE ESTIMATES & FORECAST, BY APPLICATIONS, 2019-2035 (USD Billions)
    158. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    159. ACQUISITION/PARTNERSHIP
    160. MARKET SYNOPSIS
    161. US SMART STREET LIGHTS MARKET ANALYSIS BY COMPONENT
    162. US SMART STREET LIGHTS MARKET ANALYSIS BY NETWORKING TECHNOLOGY
    163. US SMART STREET LIGHTS MARKET ANALYSIS BY APPLICATIONS
    164. KEY BUYING CRITERIA OF SMART STREET LIGHTS MARKET
    165. RESEARCH PROCESS OF MRFR
    166. DRO ANALYSIS OF SMART STREET LIGHTS MARKET
    167. DRIVERS IMPACT ANALYSIS: SMART STREET LIGHTS MARKET
    168. RESTRAINTS IMPACT ANALYSIS: SMART STREET LIGHTS MARKET
    169. SUPPLY / VALUE CHAIN: SMART STREET LIGHTS MARKET
    170. SMART STREET LIGHTS MARKET, BY COMPONENT, 2025 (% SHARE)
    171. SMART STREET LIGHTS MARKET, BY COMPONENT, 2019 TO 2035 (USD Billions)
    172. SMART STREET LIGHTS MARKET, BY NETWORKING TECHNOLOGY, 2025 (% SHARE)
    173. SMART STREET LIGHTS MARKET, BY NETWORKING TECHNOLOGY, 2019 TO 2035 (USD Billions)
    174. SMART STREET LIGHTS MARKET, BY APPLICATIONS, 2025 (% SHARE)
    175. SMART STREET LIGHTS MARKET, BY APPLICATIONS, 2019 TO 2035 (USD Billions)
    176. BENCHMARKING OF MAJOR COMPETITORS

    US 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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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

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