Press release
Outdoor Solar LED Market to reach USD 37.87 Bn by 2029, emerging at a CAGR of 24.6 percent and forecast (2023-2029)
Outdoor Solar LED Market
The report offers a comprehensive analysis of the Outdoor Solar LED Market, covering various market segments, trends, technologies, and investment opportunities. It presents a detailed overview of the industry landscape, market dynamics, key players, and regional insights.
Maximize Market Research Pvt. Ltd. employs a rigorous research methodology to ensure the accuracy and reliability of the data presented in the report. Our experts gather and analyze data from various primary and secondary sources, providing a holistic view of the market.
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Outdoor Solar LED Market Dynamics
The global outdoor solar LED lighting market will probably be driven by increasing demand for reliable, economical, and eco-friendly external lighting solutions in the residential and commercial sectors during the forecast period. Outdoor solar lights use solar energy to power the LEDs, so no external electrical supply is required. The use of this feature in lighting systems is attractive. The worldwide solar outdoor LED lighting market is also estimated to propel a shift in the tendency towards using renewed technologies to lower greenhouse gas emissions throughout the projected timeframe. Several standards and guidelines have been developed by policymakers to achieve and minimize renewable emissions. Regulators in the European Union, for example, aim at reducing GHG emissions by 20% from 1990 levels by 2022, thereby boosting the use of renewables.
Outdoor Solar LED Market Regional Insight
The Asia Pacific region dominates the market, accounting for over 50% of the global market share in 2022. Notably, China leads the regional growth with its increasing focus on smart cities, infrastructure development, and urban expansion projects. In Europe, the demand for outdoor solar LEDs is also significant, driven by ongoing and planned road and highway infrastructure projects. The market in Europe is projected to maintain a CAGR of around 25.0% during the forecast period.
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Outdoor Solar LED Market Segmentation
by Light source
LED
Others(CFL, Induction)
by Grid Type
On Grid
Off Grid
by Wattage
Less than 39W
40W to 149W
Greater than 149W
by End-User
Commercial
Industrial
Residential
by Application
Solar LED street light
garden light
flood light
area light
spot light
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Outdoor Solar LED Market Key Players
1.Green shine New Energy
2. Jiawei
3. LEADSUN
4. Ok Solar
5. SBM-SolarTech
6. SEPCO Solar Electric Power Company
7. Signify Holding
8. SOKOYO
9. Solar Street Lights USA
10. Sunna Design SA
11. Signify Holding
12. Eaton
13. Solar Electric Power Company
14. Su-Kam Power System
15. Clear Blue Technologies
16. Jinhua Sunmaster Solar Lighting Co.Ltd
Table of content for the Outdoor Solar LED Market includes:
1. Global Outdoor Solar LED Market: Research Methodology
2. Global Outdoor Solar LED Market: Executive
Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Outdoor Solar LED Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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