Solar Power LED Street Light Market Size 2021 CAGR Status, Share, Growth Prospects, Type, Manufacturers, Segments, Development Trends with Covid-19 Impact till 2027 | Philips, Leadsun,Cree,King-sun,LEOTEK,Hubbell,Solar Street Lights USA,SEPCO,Jiawei

In the context of the global COVID19 outbreak, the “Solar Power LED Street Light market” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, the impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.

“The Solar Power LED Street Light Market is predicted to register a CAGR of 13.9% over the forecast period 2021 – 2027.”

Key Competitors of the Solar Power LED Street Light market is:

Philips,Leadsun,Cree,King-sun,LEOTEK,Hubbell,Solar Street Lights USA,SEPCO,Jiawei,Yingli Solar,SOKOYO,Acuity Brands,LSI Industries Inc,GE Lighting,Eaton Cooper,Osram,Revolution Lighting,Excellence Optoelectronics

Recent Development:

Philips has acquired 35 companies, including 15 in the last 5 years. A total of 13 acquisitions came from private equity firms. It has also divested 13 assets. Philips’ largest acquisition to date was in 2007 when it acquired Respironics for $5.1B. Its largest disclosed sale occurred in 2021 when it sold Koninklijke Philips - Domestic Appliances Business to Hillhouse Capital Management for $3.7B. Philips has acquired in 12 different US states, and 9 countries. The Company’s most targeted sectors include medical products (36%) and electrical equipment (10%).
OSRAM has acquired 11 companies, including 6 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset. OSRAM has been acquired in 5 different US states, and 5 countries. The Company’s most targeted sectors include electrical equipment (73%) and automotive (10%). OSRAM (Munich) belongs to the Industry Sector of Siemens and is one of the two leading light manufacturers in the world.

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Major Types covered are:

Solar Street Lighting
LED Street Lighting

Major Applications covered are:

Municipal Infrastructure
Residential
Others

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Asia-Pacific held the Largest Regional Market Owing to the Deployment of a Large Number of Solar Street Lighting Systems

During the historical period, APAC held the largest share in the global solar street lighting industry, due to increasing infrastructure projects and government initiatives in China, India, Japan, Australia, and South Korea for the deployment of solar lighting systems. According to the International Energy Agency (IEA), China was the largest market in the APAC region for the implementation of solar lighting system solutions and accounted for 42.8% share in total global solar photovoltaic (PV) capacity. The APAC region is also expected to maintain its dominance in terms of market share in the industry during the forecast period.

Asia-Pacific – the Fastest Regional Market due to Development of Smart Cities

Another major factor responsible for driving the industry in the region is the sustained growth in urbanization in developing countries, which has led to a steep rise in the demand for energy. This growth is coupled with the presence of some key players in APAC countries, such as Jinhua SunMaster Solar Lighting Co. Ltd., Samsung Electronics Co. Ltd., and Urja Global Ltd., and their engagement in strategic development activities to attain a significant market position.

Regional market Solar Power LED Street Light (regional production, demand and forecast by country):

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

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Report Features:

To project the worth and sales volume of the Solar Power LED Street Light market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global Solar Power LED Street Light market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the Solar Power LED Street Light market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).

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