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Solar street lights are raised light sources which are powered by photovoltaic panels generally mounted on the lighting structure or integrated in the pole itself. The photovoltaic panels charge a rechargeable battery, which powers a fluorescent or LED lamp during the night.
LPI (LP Information)' newest research report, the "Solar Street Lighting Industry Forecast" looks at past sales and reviews total world Solar Street Lighting sales in 2022, providing a comprehensive analysis by region and market sector of projected Solar Street Lighting sales for 2023 through 2029. With Solar Street Lighting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Street Lighting industry.
This Insight Report provides a comprehensive analysis of the global Solar Street Lighting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solar Street Lighting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Solar Street Lighting market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Street Lighting and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solar Street Lighting.
The global Solar Street Lighting market size is projected to grow from US$ 5550.6 million in 2022 to US$ 17300 million in 2029; it is expected to grow at a CAGR of 17300 from 2023 to 2029.
In USA, Solar Street Lighting key players include Philips, Leadsun, Solar Street Lights USA, SEPCO, Jiawei, etc. USA top five manufacturers hold a share over 15%. South is the largest market, with a share over 30%, followed by Midwest and Northeast, both have a share over 40% percent.
In terms of product, Standalone is the largest segment, with a share over 60%. And in terms of application, the largest application is Municipal Infrastructure, followed by Residential.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar Street Lighting market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Standalone
- Grid Connected
Segmentation by application
- Municipal Infrastructure
- Residential
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Philips
- Leadsun
- Solar Street Lights USA
- SEPCO
- Jiawei
- Yingli Solar
- SOKOYO
- King-sun
Key Questions Addressed in this Report
What is the 10-year outlook for the global Solar Street Lighting market?
What factors are driving Solar Street Lighting market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solar Street Lighting market opportunities vary by end market size?
How does Solar Street Lighting break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?