According to the Solar Street Lighting Market survey report, the market is expected to witness a relatively higher growth rate during the forecast period 2018-2023.
Global Solar Street Lighting Market Research Report 2018,” Solar street light (SSL) are extensively being used for outdoor street lighting as their primary source of energy is solar power. With no dependence on conventional sources of energy, these lighting mediums operated on stand-alone mode, eliminating the need for a general grid of any power requirements.
The standalone solar photovoltaic street lighting system comprises of a re-chargeable lead acid battery for storage, PV (photovoltaic) modules for charging the battery, light source (compact fluorescent lamps (CFL), and light emitting diodes (LED), suitable electronics for the operation of the tamp, and safe charging and discharging of the battery and mechanical hardware for fixing these sub systems.
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Global solar street lighting market is likely to be worth +US$22 bn by the end of 2025 from +US$3 bn in 2016.
During the forecast period of 2017 and 2025, the global solar street lighting market is expected to progress at a CAGR of +22%.
solar street lighting solutions are seen in areas such as residential, commercial, and industrial. Of these, the commercial segment is projected to lead the global market due to rising initiatives by governments and civic authorities to using solar lighting.
Currently, solar street lighting solutions are being used on streets, roadways, and various other commercial establishments. Analysts expect that the commercial segment of the global solar lighting market is likely to acquire a share of +65% by the end of 2025.
Top Key Players like: 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., and Sol, Inc.
Geographically, the report explores the potential of the Solar Street Lighting market in the regions of North America, Europe, and Southeast Asia as well as in the countries of China, Japan, and India. Currently, highest alleging share market is also mentioned in this report.
However, emerging economies that are expected to turn in to highly profitable country-wide markets is defined precisely in the report. Also, countries that are vastly populated, and are among the most promising emerging economies with increasing disposable income in the urban population which are driving this market is given in the study
All data gathered is then accumulated to lay out a clear picture of the present-day status of the Solar Street Lighting market. The summary includes trade alterations, market reimbursements, business certainties, circumstances and growth scenario.
It is authenticated and influenced by the examination and outcome of other painstaking researches.
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Moving further, the players dominant in the market have been presented. The trends and competitive status of the market during this period have also been reviewed under this section of the report.
The new entrants and the predicted trends in the market have also been summarized under this section of the report.
Table of Content:
Chapter 1 Solar Street Lighting Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
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