# Street Lighting Market Forecasts Growth

Persistence Market Research forecasts the global street-lighting market to grow from US$9.7 billion in 2026 to US$15.0 billion by 2033, representing a 6.4% compound annual growth rate. The forecast attributes growth to LED retrofits, smart-city infrastructure, and energy-efficiency initiatives. It identifies potential municipal and transportation-agency demand for efficient fixtures, connected controls, monitoring platforms, and solar lighting, but does not identify a specific solicitation, award, or funding commitment.

- Municipal and transportation procurement teams can use the forecast as market context when assessing street-lighting upgrades and smart-city investments; it is not evidence of committed funding or an active procurement.
- Suppliers and contractors may find opportunities across LED fixtures, connected controls, monitoring platforms, and solar lighting as agencies pursue the drivers identified in the forecast.
- The forecast covers the global market through 2033, offering long-range context for market planning rather than a near-term bid deadline.

**Jurisdictions:** international
**Industries:** Construction & Infrastructure, Energy & Utilities
**Topics:** Physical Infrastructure, Digital Infrastructure
**Published:** October 16, 2026

### Sources
- [Street Lighting Market to Reach US$15.0 Billion by 2033, Growing](https://www.openpr.com/news/4663534/street-lighting-market-to-reach-us-15-0-billion-by-2033-growing) - openPR.com