Solar Street Lighting Market Trends, Top Companies, Share, Growth And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Solar Street Lighting Market Size, Growth Rate, And Forecast
The global solar street lighting market size is expected to grow from $7.58 billion in 2022 to $8.95 billion in 2023 at a compound annual growth rate (CAGR) of 18.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global solar street lighting market size is expected to reach $16.74 billion in 2027 at a CAGR of 16.9%.

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Solar Street Lighting Market Drivers
The increasing demand for clean energy is expected to propel the growth of the solar street lighting market going forward. Clean energy is energy produced by production processes that do not emit any pollutants, particularly greenhouse gases such as CO2 that contribute to global warming to improve environmental protection. Clean energy such as solar energy is commonly used as renewable energy in public lighting, where, solar street light contains photovoltaic solar panels integrated into their design, which effectively capture sunlight throughout the day and store the energy in a battery system. This ' battery discharges its energy to the light source at night.

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Solar Street Lighting Market Segments
• By Type: Portable, Standalone, Centralized

• By Component Type: Controller, Lamp, Solar Panel, Sensors, Battery, Other Components

• By Luminaries: Light Emitting Diode, Compact Fluorescent Lamps

• By Application: Parking Lot, Highway And Roadway, Airport Runway, Manufacturing Site

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific, was the largest region in the Solar Street Lighting market.

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Solar Street Lighting Market Key Players
Major competitors in the solar street lighting market include Acuity Brands Inc., Bajaj Electricals Limited, Bridgelux Inc., Cooper Lighting LLC, Dragons Breath Solar, Jiangsu Sokoyo Solar Lighting Co Ltd., Signify Holding B.V, Solektra Solar Energy
The Business Research Company's "Global Solar Street Lighting Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Solar Street Lighting Market Include:
1. Executive Summary
2. Solar Street Lighting Market Characteristics
3. Solar Street Lighting Market Trends And Strategies
4. Solar Street Lighting Market - Macro Economic Scenario
5. Solar Street Lighting Market Size And Growth
……
26. Africa Solar Street Lighting Market
27. Solar Street Lighting Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Solar Street Lighting Market
29. Solar Street Lighting Market Future Outlook and Potential Analysis
30. Appendix

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