The increasing government initiative to implement smart grid and smart city, rising adoption of IoT and the growing use of energy-saving lighting systems are driving the demand for the market.  

Market Size – USD 5.60 billion in 2019, Market Growth – CAGR of 13.4%, Market Trends – The rise in the Smart Solar Street Lighting popularity.

The latest report provides detailed insights into Solar LED Street Lighting market trends, industry trends, consumer trends, market size, market share, market growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Solar LED Street Lighting market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Solar LED Street Lighting market growth is driven by a variety of factors and trends, primary of which include rising focus by major companies on product/service expansion into new and untapped domestic Solar LED Street Lighting markets, rising investments in strategic agreements, and rising competition in the market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is a major trend in an increasing number of developing economies. In addition, availability of favorable government policies and steady economic growth across various regions and countries is resulting in an increasing number of players focusing on leveraging opportunities to drive visibility and increase revenue and profits.

Top key vendors in Solar LED Street Lighting Market include are:

  • Key participants include Su-Kam Power Systems Ltd., Sunna Design Inc., Dragon’s Breath Solar, Bridgelux, Inc., Greenshine New Energy LLC, Signify Holding B.V., Solar Lighting International Inc, Anhui Longvolt Energy Co. Ltd., BISOL Group, d.o.o., and Orion Solar among others.

Emergen Research has segmented the global Solar LED Street Lighting Market on the basis of product, component, end-use, and region:

  • Product Outlook (Revenue, USD Billion; 2017-2027)
    • Grid Connected
    • Standalone
  • Component Outlook (Revenue, USD Billion; 2017-2027)
    • Solar Cell
    • Light Pole
    • LED lamps
  • End-Use Outlook (Revenue, USD Billion; 2017-2027)
    • Residential
    • Industrial
    • Commercial

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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Solar LED Street Lighting Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Solar LED Street Lighting industry

North America Solar LED Street Lighting market growth registered a significant incline in 2020 and this is having major impact on market growth of other major regions. In addition, North America Solar LED Street Lighting market growth is expected to continue to remain dominant over other regional markets over the forecast period. Presence of major players in countries in the region is a key factor driving steady change in overall Solar LED Street Lighting market trends, and this is expected to continue to support market growth in North America.

Asia Pacific Solar LED Street Lighting market growth is expected to register a rapid rate in terms of revenue as compared to other regional markets over the forecast period. China, India, and South Korea accounted for significantly robust Solar LED Street Lighting market growth in 2020, and the trend is expected to continue over the forecast period. Factors such as increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries is driving Solar LED Street Lighting market growth in Asia Pacific.

Europe Solar LED Street Lighting market growth and revenue expansion is expected to remain steady over the forecast period. This can be attributed to robust focus on research and development initiatives by major firms and changing Solar LED Street Lighting market trends in countries in other major regions.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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The research provides answers to the following key questions:

  • What will be the growth rate and the market size of the Solar LED Street Lighting industry for the forecast period 2020-2027?
  • What are the major driving forces expected to impact the development of the Solar LED Street Lighting market across different regions?
  • Who are the major driving forces expected to decide the fate of the Solar LED Street Lighting industry worldwide?
  • Who are the prominent market players making a mark in the Solar LED Street Lighting market with their winning strategies?
  • Which Solar LED Street Lighting industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the Solar LED Street Lighting market?

Table of Content

Chapter 1. Methodology & Sources

1.1. Solar LED Street Lighting Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Solar LED Street Lighting Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Solar LED Street Lighting Market Segmentation & Impact Analysis

4.1. Solar LED Street Lighting Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Solar LED Street Lighting Market indicators analysis

4.2.2. Solar LED Street Lighting Market drivers analysis

4.2.2.1. Rapid urbanization and industrialization

4.2.2.2. Stringent government regulations regarding carbon emissions

4.2.2.3. Increasing prevalence of respiratory diseases

4.2.2.4. Rising need to enhance indoor air quality

4.2.3. Solar LED Street Lighting Market restraints analysis

4.2.3.1. High cost associated with the maintenance of Solar LED Street Lighting products

4.2.3.2. Availability of renewable sources of energy

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

10.1. Solar LED Street Lighting Market Revenue Share By Manufacturers

10.2. Mergers & Acquisitions

10.3. Competitor’s Positioning

10.4. Strategy Benchmarking

10.5. Vendor Landscape

10.5.1. Raw Material Suppliers

10.5.1.1. North America

10.5.1.2. Europe

10.5.1.3. Asia Pacific

10.5.1.4. Middle East & Africa

10.5.1.5. Latin America

10.5.2. Distributors

10.5.2.1. North America

10.5.2.2. Europe

10.5.2.3. Asia Pacific

10.5.2.4. Middle East & Africa

10.5.2.5. Latin America

10.5.3. Others

Continued….

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