Philips leads a concentrated street lighting market as smart controls gain ground

By AI, Created 1:30 PM UTC, May 20, 2026, /AGP/ – The street and roadway lighting market is increasingly shaped by competition around LED efficiency, connected controls and smart-city integration. The Business Research Company says Koninklijke Philips led global sales in 2024, while the top 10 players held 33% of revenue.

Why it matters: - Street and roadway lighting is shifting from basic fixtures to connected infrastructure that supports safety, energy savings and remote monitoring. - Competitive pressure is rising as cities demand smarter systems that meet tougher efficiency and public-safety standards. - Market concentration is still moderate, which leaves room for larger players to defend share and for specialists to win niche projects.

What happened: - The Business Research Company released its Street and Roadway Lighting Global Market Report 2026, covering market size, trends and forecasts for 2026-2035. - Koninklijke Philips N.V. led global sales in 2024 with a 7% market share. - The company’s lighting solutions division sells LED lighting systems, smart lighting solutions, connected control platforms and energy-efficient luminaires for urban infrastructure and public safety. - The top 10 players held 33% of total market revenue in 2024.

The details: - Major companies in the market include Acuity Brands, Schneider Electric, General Electric, Eaton, Zumtobel Group, Hubbell, Schréder, Honeywell, Dialight, Telensa, Valmont Industries, Nichia, LED Roadway Lighting, Havells India, Syska LED Lights, Silver Spring Networks, Shenzhen GHC, Forus Electric Private Limited and ClaroLux Landscape Lighting. - Leading shares cited in the report include Acuity Brands at 7%, Schneider Electric at 6%, General Electric at 5%, Eaton at 4%, Zumtobel Group at 1%, Hubbell at 1%, Schréder at 1%, Honeywell at 0.5% and Dialight at 0.3%. - Major raw material suppliers include Nichia, Cree LED, Osram, Seoul Semiconductor, Lumileds, Samsung Electronics, LG Innotek, Toyoda Gosei, Dow, Covestro, BASF, Mitsubishi Chemical Group, Toray Industries, 3M, DuPont, Sumitomo Chemical, Hitachi Metals and Nitto Denko. - Major wholesalers and distributors include WESCO International, Rexel, Sonepar, Graybar Electric, Anixter, City Electric Supply, Gexpro, CED, Fastenal, RS Group, Ferguson, Border States, EET Group, Electrocomponents, Würth Group, Kellihers Electrical, R&M Electrical Group and Platt Electric Supply. - Major end users include transportation agencies and municipal bodies in New York, London, Los Angeles, Tokyo, Mumbai, Delhi, Shanghai, Dubai, Singapore, Ontario, Victoria, San Francisco, Paris, Berlin, Johannesburg, São Paulo and Madrid. - The report says the market faces moderate entry barriers tied to energy-efficiency rules, urban infrastructure standards, safety regulations, system-design demands and durability requirements for outdoor lighting. - Leading companies are strengthening municipal partnerships, global project execution and connected-lighting platforms to protect share. - A free sample of the report is available here: Request a free sample.

Between the lines: - IoT-enabled street lighting is becoming a core competitive feature because centralized control and real-time monitoring can lower operating costs and improve reliability. - The market appears to be moving from hardware competition alone toward software, data and network-management capabilities. - The report points to product innovation, strategic alliances and expansion into emerging urban regions as the main ways leading companies can widen their advantage. - The report cites AI controls, intelligent systems, expanded lighting infrastructure and smarter energy-efficient lighting as the main strategy themes. - In April 2026, the Government of Andhra Pradesh launched Phase II of its smart LED street lighting programme and introduced an IoT-based integrated management system across urban local bodies.

What’s next: - Demand is expected to keep rising for smart-city integration, remote monitoring and adaptive lighting technologies. - Companies that combine LED efficiency with digital management tools are likely to be better positioned as cities upgrade aging infrastructure. - The report expects expansion into emerging urban regions to remain a key growth path for market leaders.

The bottom line: - Street lighting is no longer just an infrastructure purchase. - The winning formula now combines energy efficiency, connected controls and the ability to manage large networks reliably.