Press release
Outdoor Solar LED Market to Receive Overwhelming Hike in Revenues By 2032
Outdoor Solar LED Market
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/A74546
Outdoor solar LED lights have become a popular choice for lighting up outdoor spaces due to their energy efficiency and eco-friendliness. The outdoor solar LED is equipped with various types of lighting applications to meet different requirements and aesthetic preferences. The market for outdoor solar LEDs is experiencing growth, particularly in the residential and commercial sectors, where consumers are increasingly interested in sustainable and cost-effective lighting options. Smart features such as motion sensors, remote controls, and smartphone connectivity are making these lights convenient and user-friendly. The market for outdoor solar LEDs is projected to grow with the improvements in technology and design. One of the primary aspects driving this growth is the increase in the need for environment-friendly and energy-efficient lighting solutions.
The growth of global outdoor solar LED is majorly driven by the increase in demand for eco-friendly and sustainable lighting solutions paired with government initiatives and policies promoting the use of solar energy and energy-efficient lighting. Moreover, the decrease in prices of LED lighting and solar panels is expected to drive the market growth. However, high initial installation costs of solar LEDs are acting as prime restraints for the growth of the global market. On the contrary, the surge in the adoption of smart city technologies is anticipated to provide lucrative opportunities for the outdoor solar LED industry during the forecast period.
๐๐๐ญ ๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/request-for-customization/A74546
According to outdoor solar LED market analysis, the streetlight segment was the highest contributor to the market in 2022. The low voltage and medium voltage collectively accounted for around 91.8% market share in 2022. The surge in prime players' initiatives to develop and deploy next-generation renewable energy solutions across commercial and residential sectors globally has led the growth of the outdoor solar LED market growth
The outbreak of COVID-19 has significantly impacted the growth of the global supply chain. The decline in growth in manufacturing solutions has significantly impacted the demand for outdoor solar light solutions during the pandemic. Further, the lack of availability of a professional workforce due to the partial and complete lockdown implemented by governments across the globe has restrained the growth of the outdoor solar LED market during the pandemic. However, the surge in demand for renewable energy and solar light solutions in growing economies such as India, South Korea, Brazil, and others is expected to drive the growth of the outdoor solar LED market during the forecast period.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/outdoor-solar-led-market-A74546
The outdoor solar LED market is analyzed across type, voltage, end use, and region. By type, the street light segment dominated the outdoor solar LED market in 2022 and is expected to dominate the market during the forecast period. By voltage, the low voltage segment accounted for the major share of the outdoor solar LED market. By end use, the commercial segment accounted for a major share of global outdoor solar LED market trends, owing to a surge in demand from emerging markets globally. Region-wise, Asia-Pacific holds a significant share of the global outdoor solar LED market, owing to the presence of prime players in this region. China dominated the outdoor solar LED market in the Asia-Pacific outdoor solar LED market. The rise in investment by prime players and government agencies to develop next-generation aerospace and defense solutions has led to the growth of the outdoor solar LED market.
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
โข In 2022, the streetlights segment accounted for maximum revenue and is projected to grow at a notable CAGR of 21.2% during the forecast period.
โข The commercial voltage segment was the highest revenue contributor to the outdoor solar LED market size in 2022.
โข The low voltage and medium voltage segments collectively accounted for around 91.8% outdoor solar LED market share in 2022.
โข Asia-Pacific acquired a major share in the outdoor solar LED market with an industry share of 22.7% in 2022.
The key players profiled in the report are Signify Holding and OSRAM GmbH. SOKOYO Solar Lighting Co., Ltd., OkSolar.com, SEPCO Solar Electric Power Company, LEADSUN, Polybrite - SBM NewTech Co., Ltd, Sunna Design SA, Solar Street Lights USA, and Jiawei. Market players have adopted various strategies such as product launches, partnerships, joint ventures, acquisitions, and others to expand their foothold in the Outdoor solar LED market size. In January 2022- OSRAM launched its OPTOTRONIC 1DIM and 4DIM LED families and thus considerably extended their power spectrum. The 1DIM LED driver family also supports the 75 and 165-watt power classes. With double isolation and enhanced power levels, this future-oriented driver family can serve many more purposes while offering high levels of safety when used in outdoor or industrial applications.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A74546
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.
๐๐จ๐ง๐ญ๐๐๐ญ
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Outdoor Solar LED Market to Receive Overwhelming Hike in Revenues By 2032 here
News-ID: 3496846 • Views: โฆ
More Releases from Allied Market Research
Payroll Card Market Outlook by Card Type, Organization Size, and End User, 2024- โฆ
Allied Market Research published a report, titled, "Payroll Card Market by Type (Branded Payroll Cards, Personalized Cards, and Others), Organization Size (Large Enterprises and Small & Medium-sized Enterprises) End-User (Retail Establishments, Corporate, and Government/Public Sectors): Global Opportunity Analysis and Industry Forecast, 2024-2032". The global payroll card market share was valued at $218.7 billion in 2023 and is estimated to reach $981.4 billion by 2032, exhibiting a CAGR 17.9% from 2024โฆ
Digital Banking Platform Market Growth Outlook: $168.3 Billion by 2032 at 20.9% โฆ
Allied Market Research published a report, titled, "Digital Banking Platform Market by Component (Solutions and Services), Deployment Model (On-Premises and Cloud), Type (Retail Banking and Corporate Banking), and Mode (Online Banking and Mobile Banking): Global Opportunity Analysis and Industry Forecast, 2024-2032". According to the report, the digital banking platform market was valued at $30.4 billion in 2023, and is estimated to reach $168.3 billion by 2032, growing at a CAGRโฆ
Small Personal Loans Market Outlook by Lending Type, Age Group, and Distribution โฆ
Allied Market Research published a report, titled, "Small Personal Loans Market by Type (P2P Marketplace Lending and Balance Sheet Lending), by Age (Less than 30 years, 30-50 years and More than 50 years), and Distribution Channel (Banks, Credit Unitions, Online Lenders and Peer-to-peer Lending): Global Opportunity Analysis and Industry Forecast, 2024-2032". According to the report, the small personal loans market was valued at $31.3 billion in 2023, and is estimatedโฆ
A Deep Drive Into Used Cooking Oil (UCO) Market to Generate $11.8 Billion by 203 โฆ
Used cooking oil market size was valued at $6.4 billion in 2023, and is estimated to reach $11.8 billion by 2034, growing at a CAGR of 5.8% from 2024 to 2034.
Increase in awareness of environmental sustainability drives interest in recycling resources such as cooking oil, reducing waste and promoting circular economy principles. Concurrently, the demand for biodiesel as a renewable energy source has surged, with recycled cooking oil serving asโฆ
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,โฆ
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons thatโฆ
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke โฆ
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chipsโฆ
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li โฆ
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being includedโฆ
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Reportโฆ
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use โฆ
Transparency Market Research, in a report titled โLED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,โ states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driverโฆ
