Press release
Solar Street Lighting Market Eminent industry players catering across the global market includes Anhui Longvolt, Greenshine New Energy, Solar Lighting International, Solar Street Lights USA, Philips Lighting, SOKOYO, Dragons Breath, Bridgelux, and Omega
Solar Street Lighting
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A couple of years back in 2016, Paris Climate Accord was signed under UNFCCC (United Nations Framework Convention on Climate Change) in a bid to address the increasing global temperatures. For the record, 195 countries as of now have voluntarily joined the sustainability agreement and promised to curtail GHG emissions. Not to mention, this kind of intercontinental clear energy projects is bound to generate a massive demand for advanced solar powered low energy consumed street lighting system, leaving a direct impact on the solar street lighting industry share.
Growing electricity demand across developing nations coupled with increasing Purchasing Power Parity (PPP) will augment the solar street lighting market growth. Expected increase in demand for energy, rising grid electricity demand and lack of grid connectivity in remote areas will further complement solar street lighting market.
Energy efficiency, low emission rate, longer service life and ecological operations are some of the paramount factors which will boost the demand for Light Emitting Diode (LED) based solar street lights. Declining product prices along with efforts to mitigate harmful effects of Mercury released from CFLs will further enhance the business landscape.
Standalone solar street lighting market is set to witness strong growth subject to rising product adoption across off-grid areas. Emerging economies across Africa and Asia-Pacific offer substantial opportunity for product installation on account of respective government plans to increase the utilization of renewable energy resources. High cost associated with green field investment to electrify off grid and remote areas will further provide impetus to the business growth.
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Table of Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimations and forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid secondary
1.4.2.2 Public secondary
Chapter 2 Executive Summary
2.1 Solar street lighting industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Product trends
2.1.4 Luminaries trends
2.1.5 Application trends
Browse key industry insights spread across 250 pages with 455 market data tables & 17 figures & charts from the report @ https://www.gminsights.com/industry-analysis/solar-street-lighting-market
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
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