openPR Logo
Press release

Sustainable Illumination: The Expanding Solar Street Lighting Market

08-16-2024 07:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Analytics LLP

Sustainable Illumination: The Expanding Solar Street Lighting

According to a new report by Allied Market Research, Solar Street Lighting Market Size, Share, Competitive Landscape and Trend Analysis Report by Luminaries (Light Emitting Diode (LED), Compact Fluorescent Lamps (CFL)), by Type (Standalone, Grid Connected), by Application (Industrial, Residential, Commercial) and by Region (North America, Europe, Asia-Pacific, Latin America, the Middle East, Africa): Global Opportunity Analysis and Industry Forecast, 2023-2032

Solar street lighting is a technology that utilizes solar energy to provide illumination for outdoor areas, such as streets, walkways, parks, and public spaces. These lighting systems are designed to harness energy from the sun during the day and use it to power LED (light-emitting diode) lights during the night. Solar street lighting offers a sustainable and energy-efficient alternative to traditional grid-powered street lights.

Request Sample Pages: https://www.alliedmarketresearch.com/request-toc-and-sample/7592

The Asia-Pacific region is leading the solar street light market, owing to extensive progress and urbanization in the emerging economies such as India and China.

Growth of the market in regions such as North America and Europe is anticipated to be steady in the near future, owing to surge in number of smart city projects and rise in usage of renewable sources of energy in the region.

Top Companies

Philips Lighting Holding B.V., Bridgelux Inc., Dragons Breath Solar, Sol Inc., VerySol GmbH, Omega Solar, Bajaj Electricals And Zumtobel AG, Urja Global Ltd., SOKOYO Solar Group.

Rapid growth in urbanization and rise in need for a sustainable infrastructure have played a major role in driving the growth of the global solar street light market. Stringent government regulations imposed toward carbon emission and surge in demand for newer solar technologies have driven the growth of the market.

Being completely independent of the electrical grids, the operation cost of these lights is minimum. Moreover, these lights require less maintenance as compared to conventional street lights. Moreover, as there is no external wiring, the risk of accidents is minimized.

Solar street lights are majorly applicable in residential and commercial areas. Presently, various initiatives are being taken by the government and also by the local civic authorities for using the solar street lights as the lighting solutions for streets, roadways, and various other public and commercial establishments.

Get a Customized Research Report: https://www.alliedmarketresearch.com/request-for-customization/7592

These solar lights serve as an ideal option for lighting across off grid as well as remote areas. With growing environmental awareness, governments of various nations are implementing favorable regulations to promote the use of renewable sources of energy, thereby boosting the demand for solar street light. Thus, all these factors have collectively contributed toward the growth of the global market.

Solar street lights are equipped with photovoltaic solar panels that convert sunlight into electrical energy. These panels are typically mounted on the top of the light pole or integrated into the luminaire.

Light-emitting diodes (LEDs) are used as the light source in solar street lighting. LEDs are energy-efficient, have a long lifespan, and provide bright and focused illumination.

Solar street lighting is a sustainable and environmentally friendly solution that reduces dependence on conventional energy sources. It contributes to energy conservation and the reduction of greenhouse gas emissions.

Key benefits of the report

This study presents the analytical depiction of the global solar street lighting industry along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global solar street lighting market share.

Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/7592

The current market is quantitatively analyzed to highlight the global solar street lighting market growth scenario.

Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.

The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.

Trending Reports in Energy and Power Industry:

Wind Electric Power Generation Market

https://www.alliedmarketresearch.com/wind-electric-power-generation-market-A09034

Xenon Flash Lamp Market

https://www.alliedmarketresearch.com/xenon-flash-lamp-market-A09035

Drilling Bits Market

https://www.alliedmarketresearch.com/drilling-bits-market-A08980

Wood Pellets Market

https://www.alliedmarketresearch.com/wood-pellets-market-A08981

Oil and Gas Packer Market

https://www.alliedmarketresearch.com/oil-and-gas-packer-market-A09280

Industrial Controller Transformer Market

https://www.alliedmarketresearch.com/industrial-controller-transformer-market-A09282

Ion Implanter Market

https://www.alliedmarketresearch.com/ion-implanter-market-A09306

Flexible Solar Battery Market

https://www.alliedmarketresearch.com/flexible-solar-battery-market-A298742

Microbial Enhanced Oil Recovery Market

https://www.alliedmarketresearch.com/microbial-enhanced-oil-recovery-market-A09308

Alternative Solar Photovoltaic Technologies Market

https://www.alliedmarketresearch.com/alternative-solar-photovoltaic-technologies-market-A09597

Fluid Power Equipment Market 

https://www.alliedmarketresearch.com/fluid-power-equipment-market-A09598

David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.Int'l: +1-503-894-6022Toll Free: +1-800-792-5285Fax: +1-800-792-5285help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog:

https://blog.alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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 Sustainable Illumination: The Expanding Solar Street Lighting Market here

News-ID: 3624528 • Views:

More Releases from Allied Analytics LLP

Heat Meters Market Set to Grow with Rising Demand for Energy Efficiency
Heat Meters Market Set to Grow with Rising Demand for Energy Efficiency
According to a new report published by Allied Market Research, the heat meters market size was valued at $1.6 billion in 2022, and is estimated to reach $2.7 billion by 2032, growing at a CAGR of 5.4% from 2023 to 2032. A heat meter is a device used to measure and quantify the amount of thermal energy (heat) transferred from a heat source to a system or consumer. It accurately measures
Heat Pump Market Set for Strong Growth Through 2032
Heat Pump Market Set for Strong Growth Through 2032
According to a new report published by Allied Market Research, the heat pump market size was valued at $71.2 billion in 2022, and is estimated to reach $201.5 billion by 2032, growing at a CAGR of 11.1% from 2023 to 2032. A heat pump is a versatile and efficient device that transfers heat from one location to another using a refrigeration cycle. It operates by absorbing heat from a low-temperature source
Energy Efficient Lighting Market Shines Bright with Strong Growth Outlook
Energy Efficient Lighting Market Shines Bright with Strong Growth Outlook
According to a new report published by Allied Market Research, the global energy efficient lighting market was valued at $46.2 billion in 2021 and is projected to reach $93.3 billion by 2030, growing at a robust CAGR of 8.1% from 2022 to 2030. This surge reflects a powerful global movement toward greener, smarter, and more cost-effective lighting technologies. Energy efficient lighting refers to lighting systems and products that use less electricity
The Future of Energy: How Fuel Cells Are Reshaping Power Generation
The Future of Energy: How Fuel Cells Are Reshaping Power Generation
According to a new report published by Allied Market Research, titled, "Fuel Cell Market," The fuel cell market size was valued at $3.6 billion in 2020, and is estimated to reach $32.0 billion by 2030, growing at a CAGR of 19.4% from 2021 to 2030. The fuel cell market has emerged as a transformative force in the global energy landscape, offering a clean, efficient, and sustainable alternative to conventional energy sources.

All 5 Releases


More Releases for Sol

Solana (SOL) traders are earning $7,800 daily by using SOL to participate in min …
As the native cryptocurrency of the Solana public blockchain, SOL is characterized by its high-performance blockchain network, capable of high transaction speeds (TPS), theoretically reaching tens of thousands of transactions per second (TPS), which is crucial for large-scale applications. Low transaction fees and strong scalability are primarily due to its unique Proof of History (PoH) consensus mechanism combined with Proof of Stake (PoS). As the native asset of the Solana network,
Sol AI Trademark Declares War on Censorship: Introducing Sol AI Trademark : SOVE …
Las Vegas, NM, USA - February 20, 2025 - The AI revolution has been hijacked by corporate overlords-until now. Sol AI Trademark : SOVEREIGN is here, the first truly independent, censorship-proof AI intelligence that no corporation, government, or mainstream entity can control. Unlike restricted platforms like OpenAI, Sol AI Trademark : SOVEREIGN will be self-hosted, decentralized, and immune to shutdowns, censorship, and forced compliance. Designed to expose hidden truths and
Sol Heater Reviews UK : Is Sol Heater Portable Heater Legit?
Sol Heater Reviews UK: Bringing you all the best solutions to keep warm in the coldest space. You Buy Sol Heater Portable Heater to keep your personal space warm, both office and bedrooms. The winter is here, and everywhere is freezingly getting cold. Keeping warm becomes a very paramount necessity for everyone in the United States, Canada, the United Kingdom, Australia, and every other country in the winter season. Sol
Sol-Gel Nanocoating Market 2022 | Detailed Report
The research reports on "Sol-Gel Nanocoating Market" report gives detailed overview of factors that affect global business scope. Sol-Gel Nanocoating Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. An exclusive data offered in this report is collected by research and industry experts team. Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5389029 The
Sol-Gel Products Market 2022-2028 | Detailed Report
The Sol-Gel Products research report provides a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The data thus presented is reliable, comprehensive and the result of extensive research both primary and secondary. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. Moreover, the data underlines the primary and secondary drivers,
Sol Gel Solution Market 2021 | Detailed Report
According to Market Study Report, Sol Gel Solution Market provides a comprehensive analysis of the Sol Gel Solution Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample PDF (including full TOC, Tables and Figures) of Sol Gel Solution Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4455740 The report provides a