Solar Street Lighting Market CAGR of 23.23% from 2017 to 2024

- Global Solar Street Lighting Market: Overview

Outdoor Street lighting units used to illuminate a street or open areas via solar energy is termed as solar street light (SSL). Since their primary energy source is solar power, they operate in a stand-alone mode, therefore are not dependent on the general grid for any power requirements, whatsoever. Due to their dependency on sunlight, the lighting unit needs to be installed in a shadow-free area or a place where direct sunlight is available throughout the day to sufficiently charge the batteries for one working cycle.
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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.. 

- Global Solar Street Lighting Market: Research Methodologies

The report provides in-depth analysis and forecast of the solar street lighting market on the global as well as regional level. The report includes forecast for the period from 2017 to 2025 in terms of volume (Mn Units) and revenue (US$ Bn). Quantitative data has been derived through extensive secondary research of the global solar street lighting market. Secondary sources typically include company websites, relevant magazines, government documents, and press releases.

- Global Solar Street Lighting Market: Drivers and Restraints

Detailed analysis of various factors driving the global solar street lighting market has been included for astute decision making. Impact of these drivers during the forecast period has been included with data to substantiate research findings. Furthermore, factors restraining market growth have been included for better understanding of the market. Impact of these restraints has been analyzed over the forecast period. The report also comprises various opportunities available for market growth over the next eight years. Opportunities entail untapped or recently explored factors that are anticipated to drive the solar street lighting market during the forecast period.
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- Key Players Mentioned in this Report are:

The report also comprises profiles of leading companies in the solar street lighting market. These include Philips Lighting Holding B.V., Omega Solar, Bridgelux, Inc., Dragons Breath Solar, SOKOYO Solar Group, and Solektra International. Various attributes of these companies such as company overview, business strategies, and recent developments form the core of the company profiles section.
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