Solar Lights Market Strong Sales Outlook Ahead | Philips Lighting, Tesco, Coleman Cable, Himin Solar, Nokero

A new research document is added in HTF MI database of 150 pages, titled as 'Global Solar Lights Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe or Asia and important players/vendors such as Philips Lighting (Netherlands), Gama Sonic (United States), Tesco (United Kingdom), Westinghouse (United States), Coleman Cable (United States), XEPA (Malesia), Eglo (Germany), D.light (United States), Nokero (United States) and Himin Solar. The report will help you gain market insights, future trends and growth prospects for forecast period of 2025.

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Summary

Global Solar Lights Market Overview:

Governments Are Offering Financial Support in the Form of Subsidies to Encourage the Use of Renewable Sources will help to boost global solar lights market in the forecasted period. There are various types of solar lights such as Home, Signal, Lawn, Landscape, Logo, Street and Insect Lights. Rising demand for energy efficient lighting systems and increasing implementation of the Internet of Things (IoT). These are key drivers of global solar light market. Some of the key players profiled in the study are Philips Lighting (Netherlands), Gama Sonic (United States), Tesco (United Kingdom), Westinghouse (United States), Coleman Cable (United States), XEPA (Malesia), Eglo (Germany), D.light (United States), Nokero (United States) and Himin Solar (China).

On the basis of geography, the market of Solar Lights has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Solar Lights market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Residential will boost the Solar Lights market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Market Drivers
Rapid Urbanization and Improving Lifestyles of People across the World
Growing Demand for Cellular-Connected Lights

Market Trend
Strict Regulations Regarding Carbon Emissions and Favorable Government Support toward Adoption of Renewable Energy Sources
Increasing Infrastructural Investments

Restraints
High Maintenance Required For the Upkeep of the Solar Lighting Systems

Opportunities

Development & Innovation in Product and Technology Such As LED Lights
Huge Demand in Developing Courtiers Due To Increase in Construction

Challenges

Stiff Competition Owing To the Penetration of Counterfeit Product

Major Market Developments:

On 9th October 2018, Gama Sonic USA Inc, the leading manufacturer of outdoor solar-powered lighting solutions, released the next generation of their popular Light My Shed series, the Light My Shed IV. This cost-efficient and DIY-friendly outdoor solar light is the latest contribution to their utility product line which includes a variety of solar-powered security, barn, shed and flood lights with motion sensor activation.
On 6th September2018, Gama Sonic USA Inc., the leading manufacturer of upscale outdoor solar-powered lighting solutions, introduced the newest addition to their impressive product catalog, the Aspen Solar Post Light. This is the first item released within the Aspen family series and incorporates the ability to be attached on any existing 3-inch outside diameter pole.

The global solar light market is fragmented with several companies competing for a part market share by offering a product at a competitive price. The solar light market to remain highly fragmented throughout the next five years. This solar light market research report focuses on the competitive landscape and lists of different products offered by the leading companies. The global solar light market analysis report will also help clients in gauging market competition and identifying new growth opportunities.

Target Audience:

Solar lights Manufacture, Suppliers and Distributors, Industry Associations, Government and Private Research Organizations, Government Regulatory Bodies and Others

Major Objectives Focused through this Study
• To define, describe, and forecast the Global Solar Lights market on the basis of product [Home Lights, Signal Lights, Lawn Lights, Landscape Lights, Logo Lights, Street Lights and Insect Lights] , application [Roadway, Area Lighting, Home Lighting and Others], key regions and end user
• To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
• To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
• Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
• To provide market size for various segments of the Solar Lights market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
• To strategically profile the key players and analyzing their market shares and core competencies in the Solar Lights industry
• To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market

Available Customization:

Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Shenzhen Jiawei Solar Lighting (China) and Nbsolar (South Africa).
** Confirmation on availability of data would be informed prior purchase

While framing the research framework, major and emerging players operating in the Solar Lights market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.

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Strategic Points Covered in Table of Content of Global Solar Lights Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Solar Lights Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basic information of the Global Solar Lights Market Insights by Application, Product Type, Competitive Landscape & Regi

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It's vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.

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