Solar Street Lighting Market 2022 Size-Share with Top Companies, Regional Growth Rate, Trends Future Opportunities and Global Industry Analysis Forecast to 2027

The Solar Street Lighting Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Solar Street Lighting market growth.

The Global Solar Street Lighting Market Size is Projected to Reach at a CAGR of 23% during 2022-2027.

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Top Leading Companies:

Philips, Leadsun, Solar Street Lights USA, SEPCO, Jiawei, Yingli Solar, SOKOYO, King-sun

Recent Developments

In April 2018, SEPCO partnered with a local property management company at Gardens of Woodberry, Georgia, US, to provide lighting along walkways and streetlights in areas that were difficult to bring traditional power. The residential area was also installed with electrical lights along with most parts of the roadway, but many dark areas need to be addressed.
In March 2018, Signify (Philips Lighting) launched Philips SunStay, a solar streetlight that combines solar panel, battery, and light in one housing, and Philips LifeLight, a solar lantern that comes with a replaceable battery. With the launch of these products in India, the company is accelerating a strategic push into solar-powered lighting.
In February 2018, Sol and Sand Creek Park, the city of Aurora’s parks, recreation, and open space department (US), formed an agreement to install solar lighting systems. Sol installed EverGen solar lighting systems in Sand Creek Park in Aurora, Colorado. Sol has deployed more than 300 solar lighting systems in Colorado.

Solar Street Lighting Market Segmentation by Type:

Standalone
Grid Connected

Solar Street Lighting Market Segmentation by Application:

Municipal Infrastructure
Residential
Others

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The Asia Pacific Emerges as Key Region in Global Solar Street Lighting Market

The Asia Pacific was the largest regional segment for the solar street lighting market globally, accounting for a 45.4% share. Countries such as China, Japan, India, South Korea, and Australia are the major revenue generator in Asia Pacific. The Indian government is focusing on developing smart cities in the country, with a target of at least 100 such cities. Unlike traditional street lights, solar LED is a cost-effective solution as it does not require trenching or grid connection, and is highly valuable in sun-rich countries, thus making it an ideal choice for off-grid usage. Thus the demand for solar LED street lights is increasing continuously in India. On the other hand, the Middle East and Africa was the second-largest market for solar street lighting. Kenya, South Africa, Ghana, and Nigeria spearhead the solar street lighting market in Africa with need for clean and reliable source of off-grid electricity.'

Regional Solar Street Lighting Market (Regional Output, Demand & Forecast by Countries)

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 additional.

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Highlights of the Solar Street Lighting Market Report:

Detailed overview of Solar Street Lighting Market
Changing the Solar Street Lighting market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Solar Street Lighting market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Solar Street Lighting Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Solar Street Lighting Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Solar Street Lighting industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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