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Solar Street Lighting Market 2013-2023 Demand and Revenue With Players - Carmanah Technologies Corp., Sunna Design, Su-Kam Power Systems Limited and Urja Global Limited

02-26-2019 05:50 AM CET | Energy & Environment

Press release from: P&S Intelligence

Solar Street Lighting Market 2013-2023 Demand and Revenue With

Solar street lighting market is estimated to reach $10,805.3 million market size by 2023. High demand for efficient and renewable source of lighting for streets, and increasing government support worldwide are the major factors responsible for significant growth in the global solar street lighting market, which is forecasted for 21.2% CAGR during the forecast period.

Request for a free sample copy of this research report @ https://www.psmarketresearch.com/market-analysis/solar-street-lighting-market/report-sample

Standalone type held larger share of solar street lighting market as compared to the on-grid type. The designers of these lights have been searching for more efficient and heat resistant design solutions for these lights. Rapid transformations taking place in the solar street lighting market have made these lights more user-friendly. Several design modifications have led to improvement in the working of standalone models, consequently making them more popular among buyers.

Asia-Pacific has been the largest solar street lighting market, whereas MEA is expected to witness the fastest growth among all the regions. The fastest growth in MEA market can be attributed to increasing government support, constantly increasing energy costs, rise in demand of electricity, surging demand for renewable lighting sources, and increasing awareness amongst citizens about benefits associated with the use of solar street lighting over traditional lighting sources.

Among the various application areas of solar street lighting market, commercial application has been the largest contributor. In terms of volume sales, the global solar street lighting market will witness fastest growth in residential applications. Some of the other major companies operating in this market includes Koninklijke Philips N.V., Sunna Design, Omega Solar, Su-Kam Power Systems Ltd., Urja Global Ltd and Sokoyo Solar Group.

Explore report description @ https://www.psmarketresearch.com/market-analysis/solar-street-lighting-market

Solar Street Lighting Segmentation -
By Lighting Type
• CFL
• LED
By Product Type
• Standalone
• On-grid
By Application
• Residential
• Commercial
• Industrial

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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P&S Intelligence
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Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

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