The report aims to provide the latest data and insights into the growth prospects and challenges of the global Solar Street Lighting market. It utilizes tools such as constraints and opportunity analysis to evaluate potential opportunities for new goods and services, helping businesses identify and forecast market opportunities.
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The report incorporates both qualitative and quantitative evaluations from subject-matter experts and representatives across various industries along the supply chain. Global solar street lighting market is estimated to witness a major jump in revenue from US$ 4,438.0 Mn in 2022 to US$ 15,716.4 Mn by 2030 at a CAGR of 17.19% over the projection period 2023-2030. In terms of volume, the market is expected to register a CAGR of 15.01% during the forecast period.
Additionally, the report covers the market’s state, including types and applications in different countries and important locations. It provides detailed information on the key companies in the market, discussing attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.
The leading companies mentioned are
- Acuity Brands, Inc.
- Bajaj Electricals Ltd.
- Bridgelux Inc.
- Cooper Lighting, LLC
- Dragons Breath Solar
- Jiangsu SOKOYO Solar Lighting Co., Ltd.
- Omega Solar
- Philips Lighting Holding B.V.
- Signify Holding BV
- Sol Inc.
- Solar Street Lights USA
- Solektra International LLC
- Sunna Design
- Urja Global Ltd.
- VerySol Inc.
- Other Prominent Players
The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.
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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.
The segmentation overview of the global Solar Street Lighting market includes
By Type segment of the Global Solar Street Lighting Market is sub-segmented into:
- Portable
- Standalone
- Centralized
- Others
By Component segment of the Global Solar Street Lighting Market is sub-segmented into:
- Controller
- Lamp
- Compact fluorescent light (CFL)
- Light-emitting diode (LED)
- Metal halide
- Sodium vapor
- Others
- Solar Panel
- Sensors
- Night & Motion Sensors
- Passive Infrared (PIR) Sensors
- Battery
- Lead-acid
- Lithium-Ion
- Others
By Application segment of the Global Solar Street Lighting Market is sub-segmented into:
- Parking Lot
- Highway and Roadway
- Airport Runway
- Manufacturing Site
- Playgrounds
- Garden
- Others
By Region segment of the Global Solar Street Lighting Market is sub-segmented into:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Italy
- Spain
- Poland
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of South America
Overall, Astute Analytica’s report on the global Solar Street Lighting market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.
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