Solar Street Lighting Market: Current Analysis and Forecast (2021-2027)

Region:Global

Product Code:UMEP21333

Download Sample Report

Published On

July 2021

Total pages

127 Table of Content

Market Overview
Scope Of The Report
Product covered
Table Of Content
Research Methodology
FAQs

Download Sample Report

About the Report

Solar street lights are present on street edges just like the traditional street lights but are powered by photovoltaic panels which is usually integrated in the light pole as well. The photovoltaic cells are connected to LED or fluorescent cells and contain a rechargeable battery.

Most solar panels can automatically turn on and off using an outdoor light sensor. Solar street lights charge using the solar energy during the day and turn on during the night. The batteries are designed to last the entire night. Some solar panels can last for more than one night after a single charge, these are used in less sunny places. In windy regions the solar panels are equipped with flat panels that helps them cope with the wind.

The latest solar panel designs are equipped with wireless technology which helps with battery management. This way each solar light can operate on and off network.

Based on type, the solar street lighting market is segmented into Standalone and On Grid. Amongst type, the on-grid segment of the solar street lighting market was valued at USD XX billion in 2020 and is likely to reach USD XX billion by 2027 and is growing at a CAGR of XX% from 2021-2027.

Based on component, the solar street lighting market is segmented into CFL and LED. Amongst component, LED segment accounted for a market valuation of USD XX billion in 2020 and is expected to reach USD XX billion by the year 2027, at a CAGR of XX% over the analysed period.

Based on end-user, the solar street lighting market is segmented into Residential, Commercial, and Industrial. The industrial segment generated revenue of USD XX billion in 2020 and is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027F.

For a better understanding of the market adoption of Solar Street Lighting Industry, the market is analysed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia-Pacific will dominate the Solar Street Lighting market on account of increasing adoption by government and its lower cost of maintenance.

Some of the major players operating in the market include VerySol Inc., Solar Street Lights USA, Dragons Breath Solar, Urja Global Ltd., Solektra International LLC, ABB Ltd., SOKOYO Solar Group, Sunna Design, Sol Inc., Philips Lighting Holding B.V. Several M&As along with partnerships have been undertaken by these players to boost their presence in different regions.

Solar Street Lighting Market was valued at USD XX billion in 2020 and is projected to expand significantly with a CAGR of XX% from 2021-2027F to USD XX billion in 2027. The Solar Street Lighting Market is expected to witness a boost on account of its high adoption in the Asia-Pacific region.

Scope of the Report

Products

Solar street lights are present on street edges just like the traditional street lights but are powered by photovoltaic panels which is usually integrated in the light pole as well.

Companies

VerySol Inc., Solar Street Lights USA, Dragons Breath Solar, Urja Global Ltd., Solektra International LLC, ABB Ltd., SOKOYO Solar Group, Sunna Design, Sol Inc., and Philips Lighting Holding B.V.

1 MARKET INTRODUCTION

1.1. Market Definitions

1.2. Objective of the Study

1.3. Limitation

1.4. Stake Holders

1.5. Currency Used in Report

1.6. Scope of the Solar Street Lighting Market Study

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. Research Methodology for the Solar Street Lighting Market

2.1.1. Main Objective of the Solar Street Lighting Market

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 SOLAR STREET LIGHTING MARKET REVENUE, 2021-2027F

6 MARKET INSIGHTS BY TYPE

6.1. Standalone

6.2. On Grid

7 MARKET INSIGHTS BY COMPONENT

7.1. CFL

7.2. LED

8 MARKET INSIGHTS BY END-USER

8.1. Commercial

8.2. Industrial

8.3. Residential

9 MARKET INSIGHTS BY REGION

9.1. NORTH AMERICA SOLAR STREET LIGHTING MARKET

9.1.1. United States

9.1.2. Canada

9.1.3. Rest of North America

9.2. EUROPE SOLAR STREET LIGHTING MARKET

9.2.1. United Kingdom

9.2.2. Germany

9.2.3. France

9.2.4. Spain

9.2.5. Italy

9.2.6. Rest of Europe

9.3. ASIA-PACIFIC SOLAR STREET LIGHTING MARKET

9.3.1. China

9.3.2. Japan

9.3.3. India

9.3.4. Australia

9.3.5. Rest of Asia-Pacific

9.4. REST OF THE WORLD SOLAR STREET LIGHTING MARKET

10 SOLAR STREET LIGHTING MARKET DYNAMICS

10.1. Drivers

10.2. Challenges

10.3. Impact Analysis

10.4. Opportunity

11 SOLAR STREET LIGHTING MARKET OPPORTUNITIES

12 SOLAR STREET LIGHTING MARKET TRENDS

13 DEMAND AND SUPPLY SIDE ANALYSIS

13.1. Demand Side Analysis

13.2. Supply Side Analysis

13.2.1. Top Product Launches

13.2.2. Top Business Partnerships

13.2.3. Top Business Expansions, Investments and Divestitures

13.2.4. Top Merger and Acquisitions

14 VALUE CHAIN ANALYSIS

15 COMPETITIVE SCENARIO

16 COMPANY PROFILED

16.1. VerySol Inc.

16.2. Solar Street Lights USA

16.3. Dragons Breath Solar

16.4. Urja Global Ltd.

16.5. Solektra International LLC

16.6. ABB Ltd.

16.7. SOKOYO Solar Group

16.8. Sunna Design

16.9. Sol Inc.

16.10. Philips Lighting Holding B.V.

17 DISCLAIMER

Research Methodology

Why Buy From US?

Refine Robust Result (RRR) Framework

What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story

Our Reach Is Unmatched

We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.

Shifting the Research Paradigm

While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.

More Insights-Better Decisions

With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.

Transparency and Trust

Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.

Round the Clock Support

If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.

Why Client Choose Us?

400000+ Reports in repository

150+ Consulting project a year

100+ Analysts

8000+ Client Queries in 2022

Solar Street Lighting Market: Current Analysis and Forecast (2021-2027)

July 2021

127

Table of Content