openPR Logo
Press release

Solar Street Lighting Market to Reach USD 24.7 Billion by 2035, Driven by Clean Energy Goals and Smart City Initiatives

05-08-2025 12:26 PM CET | Energy & Environment

Press release from: PROPHECY MARKET INSIGHTS

Solar Street Lighting  Market

Solar Street Lighting Market

Innovative solar-powered streetlights are illuminating the future of sustainable urban infrastructure worldwide.

Introduction:
The global Solar Street Lighting Market is projected to witness exponential growth, reaching a market value of USD 24.7 Billion by 2035. With a forecasted CAGR of 14.7 % from 2025 to 2035, the market is gaining momentum due to increasing investments in renewable energy, government sustainability mandates, and rapid urbanization.

📥 Request Sample Report / Custom Insights: https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/5814

Market Drivers:
• Rising Demand for Renewable Energy Solutions: Solar street lighting offers a reliable and eco-friendly alternative to conventional grid-based lighting systems.
• Government Support & Smart City Projects: Incentives, subsidies, and infrastructure modernization plans globally are pushing adoption.
• Declining Costs of Solar Technology: The falling prices of PV panels, batteries, and LED components make solar street lighting increasingly cost-effective.
• Energy Access in Remote Areas: Solar lighting is helping electrify underserved and off-grid rural regions.

Segmentation:
By Product Type:
• Compact Fluorescent Lamps (CFL)
• Light Emitting Diode (LED)

By Connection Type:
• On Grid

By Application:
• Residential
• Commercial
• Industrial

Key Trends:
• Integration of smart controls, sensors, and IoT for adaptive lighting
• Use of Li-ion batteries for enhanced storage and longevity
• Modular and plug-and-play designs gaining popularity
• Strategic public-private partnerships in infrastructure development

Regional Outlook:
• Asia-Pacific leads the market due to large-scale deployment in India, China, and Southeast Asia.
• Africa emerges as a key market with off-grid lighting initiatives.
• Europe and North America focus on sustainability and carbon neutrality targets.

🔗 Full Report Available Here: https://www.prophecymarketinsights.com/market_insight/solar-street-lighting-market-5814

Recent Developments:
• Servotech Power Systems, a developer of solar and LED goods, introduced a new line of solar street lights in November 2021 to provide superior outdoor lighting. Streets, roads, highways, parks, boundary walls, and other areas can all benefit from the use of these solar street lights.

Conclusion:
With environmental sustainability at the forefront of global agendas, solar street lighting is becoming an essential pillar of smart and green infrastructure. The industry is poised for significant innovation, investment, and impact.

OTHER RELATED REPORTS:
Medical Foods Market:
https://linkewire.com/2025/04/08/medical-foods-market-setting-new-growth-cycle-get-2025-edition-now/

siaPacific Digital Fluoroscopy System Market:
https://linkewire.com/2025/04/08/siapacific-digital-fluoroscopy-system-market-growing-strong-know-more/

Contact Us:
Prophecy Market Insights
Website- www.prophecymarketinsights.com

Prophecy Market Insights is a top supplier of market research services, giving customers in a range of industries enlightening and useful reports. Prophecy Market Insights offers precise and trustworthy market intelligence through a staff of skilled analysts and researchers, assisting companies in making wise decisions and maintaining an advantage over rivals. Among the many subjects covered in the company's research studies are market size, growth prospects, industry trends, the competitive environment, and more.

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 Solar Street Lighting Market to Reach USD 24.7 Billion by 2035, Driven by Clean Energy Goals and Smart City Initiatives here

News-ID: 4005461 • Views: …

More Releases from PROPHECY MARKET INSIGHTS

Europe Dominates 2024 Residential Energy Storage Market, Poised for 9.5% CAGR Growth
Europe Dominates 2024 Residential Energy Storage Market, Poised for 9.5% CAGR Gr …
The Residential Energy Storage Market is witnessing strong momentum, expected to grow from USD 2.8 billion in 2024 to USD 6.8 billion by 2035, expanding at a robust CAGR of 9.5% (2025-2030). Europe led the global market in 2024 owing to its significant investments in renewable energy integration, supportive government policies, and growing demand for energy independence. Unlock the full potential of the Residential Energy Storage Market with in-depth insights, market…
Commercial Refrigeration Equipment - A Cornerstone for Food Quality and Sustainability, Market to Reach USD 71.8 Billion by 2035
Commercial Refrigeration Equipment - A Cornerstone for Food Quality and Sustaina …
The Commercial Refrigeration Equipment Market is set for significant expansion, growing from USD 43.0 billion in 2024 to USD 71.8 billion by 2035, progressing at a CAGR of 5.3% (2025-2035). The Asia Pacific region held the largest share in 2024 and continues to dominate due to rising demand for advanced refrigeration solutions across retail, foodservice, and cold-chain logistics. Gain in-depth insights into the Commercial Refrigeration Equipment Market, including regional forecasts, emerging…
Satellite Ground Stations 2035: LEO Constellations, Cloud Integration, and Strategic Competitive Analysis
Satellite Ground Stations 2035: LEO Constellations, Cloud Integration, and Strat …
The Satellite Ground Station Market is witnessing strong growth fueled by rising satellite launches, growing demand for Earth observation data, and the expansion of high-speed satellite-based internet services. According to Prophecy Market Insights, the market was valued at USD 54.0 Billion in 2024 and is projected to reach USD 188.3 Billion by 2035, growing at a CAGR of 12.9% between 2025 and 2030. North America dominated the market in 2024,…

More Releases for Solar

Biohybrid Solar Cell Market Professional Survey Report 2022 - Jinko Solar, JA SO …
The Biohybrid Solar Cell Market Report 2022 provides a comprehensive analysis of observable trends and projections. This research shows how to attract a large number of customers. Our certified crew of economists, researchers, and advisers has made further attempts in projecting the global industry by utilising accredited global Biohybrid Solar Cell market information tools as well as various instruments and ways to successfully review and get information. The research argues…
Home Solar Power System Market Size, Share, Trends, Growth - Tesla, Panasonic So …
The Global Home Solar Power System Market study includes new innovations, market dynamics, strategic profiling in terms of the future market strategies and shares for the subsectors of the industry. This research consists of details related to the size of the industries, the major players, markets, sales volume and value. This study offers a detail data on the historical data pointers as well as forecasts by region/country for the sectors…
Solar PV Module Market Outlook To 2024 - Trina Solar, Canadian Solar Inc., JA So …
Solar PV module market from utility sector has witnessed a substantial growth globally in recent years. In the first quarter of the year, Vietnam's Ministry of Industry and Trade have talked about their FiT scheme related to utility-based solar power projects. Ongoing electrification programs and incentives benefit pertaining to grid connected power generation is surging the demand for on-grid solar PV modules. On-grid connection represented 55% of the overall solar…
Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others. This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such…
Solar PV Module Market By Key Vendors: Trina Solar, Canadian Solar Inc., JA Sola …
UK solar PV module market is set to expand owing to government initiatives towards sustainable energy integration. The export tariff introduced by the UK government facilitates USD 0.06 per unit for the surplus electricity injected back to the grid by the generator. Favorable government reforms with ambitious plan towards carbon footprint reduction will further boost the business outlook. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1563 Solar PV Module Market size…
Global Solar Thermal Market 2016 Abengoa Solar, SUPCON Solar, Solar Euromed
Global Solar Thermal Market Research Report The MRS Research Group Solar Thermal report by QY Research represents an inclusive evaluation of the Solar Thermal Market and comprises considerable insights, historical data, facts,and statistical and industry-validated data of the global market.Additionally,it consists of estimated data that is evaluated with the help of suitable set of methodologies and assumptions.The MRS Research Group report research highlights informative data and in-depth analysis of Solar Thermal…