Solar LED Street Lighting Market Outlook 2027 By Application, Size, Share, Trends, Growth
According to TechSci Research, Global Solar LED Street Lighting market is growing at an impressive CAGR during the forecast period, owing to the rising demand for energy efficient lighting systems and increasing implementation of the Internet of Things (IoT).
Based on the lighting type, the global solar LED street lighting market has been segmented into CFL and LED. Light Emitting Diode or LED segment acquired the major share in 2021 due to government initiatives to adopt renewable energy and optimization of resources.
Based on the product type, the global solar LED street lighting market is categorised into Stand alone and On-grid. Standalone segment is expected to dominate during the forecast period due the rising product implementation across remote areas and off-grid.
Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa, and Europe. Asia-Pacific acquired the major share in the market in 2021 and is expected to continue its dominance in the market in the forecast period, due to rising environmental concerns and increasing environmental awareness.
Some of the leading players in the Global Solar LED Street Lighting Market are Signify Holding, Anhui Longvolt Energy Co. Ltd., Solar Electric Power Company, Su-Kam Power Systems Ltd., BISOL Group, d.o.o., Greenshine New Energy, Solar Lighting International, Solar G, Orion Solar, Solex Energy Limited, etc.
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- To analyse and forecast the market size of global solar LED street lighting market, in terms of value and volume.
- To classify and forecast global solar LED street lighting market based on application, lighting type, product type and regional distribution.
- To identify drivers and challenges for global solar LED street lighting market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global solar LED street lighting market.
- To conduct the pricing analysis for global solar LED street lighting market.
- To identify and analyse the profile of leading players involved in the manufacturing of global solar LED street lighting.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.
TechSci Research calculated the market size of Global Solar LED Street Lighting Market using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- LED Manufacturer
- CFL Manufacturers
- Suppliers and Distributors
- Market Research Firms
- Government Institutions
- Industry associations and experts
- Research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Lighting Type · Product Type · Application |
Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
Key Companies Profiled | Signify Holding, Anhui Longvolt Energy Co. Ltd., Solar Electric Power Company, Su-Kam Power Systems Ltd., BISOL Group, d.o.o., Greenshine New Energy, Solar Lighting International, Solar G, Orion Solar, Solex Energy Limited. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, Global Solar LED Street Lighting Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Solar LED Street Lighting Market, By Lighting Type:
- CFL
- LED
- Global Solar LED Street Lighting Market, By Product Type:
- Stand-alone
- On-grid
- Global Solar LED Street Lighting Market, By Application:
- Commercial Lighting
- Residential Lighting
- Industrial Lighting
- Global Solar LED Street Lighting Market, By Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Global Solar LED Street Lighting Market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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