Solar Street Lighting Market Overview and Growth Rate Analysis 2024 by Leading Key Players Leadsun, Jinhua SunMaster, Urja, Sol, Philips, Bridgelux, Bisol, Su-Kam, Exide, Omega, Anhui Longvolt, Covimed, Solux

This Global Solar Street Lighting market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

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.

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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.

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.

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.

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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.

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.

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 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 360 degree 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

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

Chapter 4 Solar Street Lighting Market, By Product

4.1 Solar street lighting market share by product, 2017 & 2024

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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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