Solar Street Lighting System Market

Global Solar Street Lighting System Market: The forecast period 2022-2028 is expected to show noticeable growth in Global Solar Street Lighting System Market. There will be a new resurgence in the sales and utilization of Solar Street Lighting System. Are you ready to cope up with growing market?  No, then have a look at our report overview and send your query to us.

Our report studies global Solar Street Lighting System market and covers historical and forecast data for type, source type, application, regional and country.

Along with these leading players, there are number of other small and mid-sized players who are coming with huge investment and innovative technology launch in the Solar Street Lighting System industry.

Solar Street Lighting System Market Key Players

• Philips Lighting Holding B.V
• Dragons Breath Solar
• SOKOYO Solar Group
• Sol Inc
• Bridgelux Inc
• Stiefel Laboratories
• Omega Solar
• Solektra International
• Yingli Solar
• Leadsun
• VerySol GmbH
• Urja Global Ltd
• Solar Street Lights US
• VerySol Inc.
• Sunna Design
• Acuity Brands Inc.
• Bajaj Electricals Ltd.
• Cooper Lighting LLC
• Signify Holding BV
• Greenshine New Energy
• Orion
• Exide Industries
• SEPCO
• Solux
• Bisol
• Clodesun
• DEL Illumination Corp.
• NOMO
• Sparkoe
• Tapetum
• SolMitra
• Aarmee Solar
• Outshine Solar
• Homehop
• BM SunPower Technologies
• Lokozo Technologies Private Limited
• Intelizon
• and others

Solar Street Lighting System Market Segmentation

By Lighting Source Type -

• Light Emitting Diode (LED
• Compact Fluorescent Lamps (CFL)

By Type -

• Standalone
• Grid connected

By Application -

• Industrial
• Residential
• Commercial

Based on the lighting source type segment, the Compact Fluorescent Lamps (CFL) segment was dominated the market in 2016. Light Emitting Diode (LED) segment is expected to dominate solar street lighting system market due to the increased lifespan of LEDs and the low annual operating costs. High Benefits such as fewer glares that ensure better visibility and limited light pollution will drive the growth of this market segment in the coming years.

On the basis of the application segment, commercial segment is anticipated to lead the global market due to rising initiatives by governments and public authorities to use solar lighting. The commercial segment of the global solar lighting market is likely to acquire 68.2% of market share by the end of 2024.

By Region

North America, US, Mexico, Chily, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, South Korea, Japan, India, Southeast Asia, Latin America, Brazil, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa

Our new report discusses issues and events affecting the solar street lighting system market.

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2022 - 2028
Market Size in 2021:	XX
Base year considered	2020
Forecast Period CAGR %:	XX
Market Size Expected in 2028:	XX
Tables, Charts & Figures:	175
Pages	200
Solar Street Lighting System Market Companies	Philips Lighting Holding B.V, Dragons Breath Solar, SOKOYO Solar Group, Sol Inc, Bridgelux Inc, Stiefel Laboratories, Omega Solar, Solektra International,  Yingli Solar, Leadsun, VerySol GmbH, Urja Global Ltd, Solar Street Lights US, VerySol Inc., Sunna Design, Acuity Brands Inc., Bajaj Electricals Ltd., Cooper Lighting LLC, Signify Holding BV, Greenshine New Energy, Orion, Exide Industries, SEPCO, Solux, Bisol, Clodesun, DEL Illumination Corp., NOMO, Sparkoe, Tapetum, SolMitra, Aarmee Solar, Outshine Solar, Homehop, BM SunPower Technologies, Lokozo Technologies Private Limited, Intelizon, and others.
Segments Covered	By Lighting Source Type,By Type,By Application
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

The report covers discussions and qualitative analyses:

• Technological Development
• Innovation Solar Street Lighting System market
• Increasing Demand of Solar Street Lighting System
• Market share analysis of the top industry players
• Market forecasts for a minimum of 7 years of all the mentioned segments, and regional markets

Market Drivers:

The increased support from the governments of several countries across the world.

Constantly increasing cost of fuels like Coal, fuel oil and Natural Gas which are traditionally used to produce Electricity.

Market Restraints:

Unpredictable climatic conditions

Lack of Skilled workers and technicians

Future Opportunity:

Use of Solar Street Lighting System is expected to be higher in future, because developing countries will start preferring the decentralized off-grid power systems such as solar, and will increasingly install solar street lights, in turn, boosting the growth of the market.

The constantly increasing energy costs and the rise in demand for electricity has induced many governments to form partnerships with international organizations and regional non-governmental organizations (NGOs) to introduce various schemes that provide subsidies for the implementation of solar lighting systems. This will encourage vendors to offer efficient lighting solutions that will be isolated from the national grid. such initiatives will drive the growth of the solar street lighting market especially in the developing countries.

Key Benefits forSolar Street Lighting System Industry Reports:

• Global Solar Street Lighting System Industry report covers in-depth historical and forecast analysis.

• Global Solar Street Lighting System Industry research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.

• Global Solar Street Lighting System Industry report helps to identify opportunities in the marketplace.

• Global Solar Street Lighting System Industry report covers extensive analysis of emerging trends and the competitive landscape