The global solar street lighting market size is anticipated to register a higher CAGR of over 15% during the forecast period and expected to reach over USD 12 billion by 2027. The rising shift towards clean energy and the increasing number of government initiatives are some of the major factors to drive the market growth. Furthermore, the increasing demand for the product in developing economies, the growing use of renewable energy sources, and the low cost of LEDs are further anticipated to boost the market over the forecast period. Moreover, the declining cost of solar systems and subsidies added by the government for the systems are expected to fuel the market growth.
The report titled "Solar Street Lighting Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2027" offers a holistic view of the Solar Street Lighting industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Solar Street Lighting market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Solar Street Lighting Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Data Solar Street Lighting Market Segmentation:
- Grid Connected
By Lighting Source:
- Compact Fluorescent Lamps (CFL)
- Light Emitting Diode (LED)
· North America
· Asia Pacific
· Latin America
· Middle East & Africa
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List of Key Companies:
- VerySol GmbH
- Philips Lighting Holding B.V.
- Bridgelux, Inc.
- Omega Solar
- Dragons Breath Solar
- Solektra International
- SOKOYO Solar Group
- Sunna Design
- Solar Street Lights USA
- Urja Global Ltd.
Key Questions Answered by Solar Street Lighting Market Report
· Product popularity and adoption based on various country-level dynamics
· Regional presence and product development for leading market participants
· Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
· Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
· number of employees and market concentration, among others
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