Solar Street Lighting Market 2018: Global Industry Analysis by Top Manufacturers Philips, Solar Lighting International, Leadsun, Urja, SOKOYO, Bridgelux, Bisol, Greenshine, Zhuhai Bomin, Su-Kam, Omega

The Solar Street Lighting market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.

Solar Street Lighting Market is expected to surpass USD 5 billion by 2024. Government norms to reduce the greenhouse gas emissions across the key economic sectors will drive industry growth. Favorable measures toward development of sustainable technologies along with minimal environmental impact will further enhance the product penetration. In 2016, United Nations Framework Convention on Climate Change (UNFCCC) signed Paris Climate agreement to reduce GHG emissions.

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Technological innovation in solar panel and battery design to reduce the product cost will propel the solar street lighting Market. Growing economies of scale, increasing demand for clean electricity and introduction of government subsidies are some of predominant features which will boost product demand. For instance, in 2017, the prices of solar PV module decreased by more than 80% from 2010.

Increasing demand for clean electricity across developing countries along with growing Purchasing Power Parity will stimulate the solar street lighting Market. Lack of grid connectivity, increasing demand for grid electricity and growing energy demand will further complement the solar street lighting market.

Long life span, ecological operation, low emission rate and energy efficiency are some of the key factors which will fuel the demand for Light Emitting Diode solar street lighting Market. Favorable measures to eliminate the harmful effects of Mercury coupled with declining product prices will further complement the industry outlook.

Standalone solar street lighting market is anticipated to witness significant growth owing to growing product penetration across the off-grid areas. Introduction of several government plans to promote the adoption of renewable technologies across the Asia-Pacific and Africa will augment the business growth. Increasing investment toward the electrification of remote and off grid areas will further boost product penetration.

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India solar street lighting market is anticipated to witness growth over 8% by 2024. Favorable measures to promote the adoption of sustainable technologies along with growing spending toward modernization of street lighting infrastructure will propel the industry growth. For instance, in 2016, according to International Energy Agency, around 200 million people have lack of electricity access.

Major players across the solar street lighting market include Solar Lighting International, Leadsun, Jinhua SunMaster, Urja, Sol, Philips, SOKOYO, Bridgelux, Bisol, Greenshine, Zhuhai Bomin, Su-Kam, Exide, Omega, Anhui Longvolt, Covimed, Solux, Dragons Breath, Shenzhen Spark Optoelectronics, Sunna, Orion, SEPCO, Solar G and Solar Street Lights USA.

Table of Content:

Chapter 3 Solar Street Lighting Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2013 - 2024 (USD Million)

3.3 Industry ecosystem analysis

3.3.1 Vendor matrix

3.4 Innovation & sustainability

3.5 Regulatory landscape

3.5.1 U.S

3.5.2 India

3.5.3 South Africa

3.5.3.1 Renewable Energy Independent Power Producer Procurement programme (REIPPP)

3.5.3.2 National Development Plan (NDP)

3.5.4 Kenya

3.5.4.1 One Million Solar Streetlight Project

3.5.5 China

3.5.5.1 The Renewable Energy Law

3.5.5.2 1000 Villages Solar LED Lighting Program

3.5.5.3 China's 12th Five-Year Plan (2011-2015)

3.6 Price trend analysis, by component

3.6.1 Solar panels

3.6.2 Battery trend

3.6.3 Luminaries price trend

3.7 Comparative analysis

3.7.1 LED

3.7.2 CFL

3.8 Cost structure analysis

3.8.1 Solar panel

3.8.2 Battery

3.8.3 Pole

3.8.2 Lamp

3.8.3 Other component

3.9 Industry impact forces

3.9.1 Growth drivers

3.9.1.1 Increasing demand for clean energy

3.9.1.2 Growing electricity demand

3.9.1.3 Increasing off grid electricity demand

3.9.1.4 Decreasing solar lighting component cost

3.9.2 Industry pitfalls & challenges

3.9.2.1 High initial cost and lack of customer awareness

3.10 Growth potential analysis

3.11 Customer requirement

3.12 Customer group requirment

3.13 Porter's Analysis

3.14 Competitive landscape, 2017

3.14.1 Strategy dashboard

3.14.1.1 Philips Lighting Holding B.V.

3.14.1.2 Exide Industries

3.14.1.3 Sunna Design

3.14.1.4 Bridgelux, Inc.

3.14.2 Competitive advantage

3.1.4 Company market share

3.15 PESTEL Analysis

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Related Reports: -
United States Solar Street Lighting Market Report 2018
In this report, the United States Solar Street Lighting market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
https://www.marketstudyreport.com/reports/united-states-solar-street-lighting-market-report-2018/?utm_source=RR-SP

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