Press release
Global Market Research Report on Solar Street Lighting Price, Working, Manufacturers Demand, Street Light with Solar Panel and Industry Forecast 2025
The Asia-Pacific region is expected to be the dominant contributor to the global solar street lighting market owing to increased spending on renewable energy by emerging economies, such as China and India. The International Renewable Energy Agency (IRENA) anticipates that Indias solar photovoltaic (PV) deployment would be about 209 GW by 2030. Moreover, supportive government policies to the use of renewable power sources is expected to boost growth of the global solar street lighting market.Solar street lights work on the principle of photovoltaic cells, which absorb solar radiation and convert it into electrical energy. The electricity produced is stored in the battery, which is drawn by the solar lights when in use. Solar street lights can be standalone or on grid. They are used to illuminate streets, carparks, walkways, jetties, and other public spaces.
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The global solar street lighting market is expected to grow at a CAGR of 22.8% from 2017 to 2025. (solar street light price list)
Market Dynamics:
Drivers: (solar street light project market)
• Standalone solar street lightings provide light in remote locations
• Reducing dependency on fossil fuels for energy generation
• Supportive government policies to reduce carbon foot prints
Restraints: (solar street lighting design market)
• Investment requirements of the solar street lighting is high in developing regions
• Lack of industry-wide dimming standards for LED lighting
Market Players: (solar street light manufacturer market)
The top players in the global solar street lighting market include Bridgelux Inc., Covimed Solar, Dragons Breath Solar, Elecssol, Fosera, KCP Solar, Omega Solar, Philips Lighting, Solar Street Lights USA, and Su-Kam Power Systems.
For further inquiries, about Global Solar Street Lighting Market enquire here >>>> https://www.progressivemarkets.com/enquiry-about-report/solar-street-lighting-market
Market Report by Type
• Standalone
• On-grid (solar street lighting solutions market)
Market Report by Lighting Source
• Compact Fluorescent Lamps (CFL)
• Light Emitting Diode (LED)
Key Point from Table of Content
8. Company profiles
8.1. Bridgelux Inc. (solar street light cost market)
8.1.1. Overview
8.1.2. Financials and business segments
8.1.3. Recent developments
8.2. Covimed Solar
8.2.1. Overview
8.2.2. Financials and business segments
8.2.3. Recent developments
8.3. Dragons Breath Solar
8.3.1. Overview (solar powered street lights for sale market)
8.3.2. Financials and business segments
8.3.3. Recent developments
8.4. Elecssol
8.4.1. Overview
8.4.2. Financials and business segments
8.4.3. Recent developments
Discount on report: https://www.progressivemarkets.com/get-discount/solar-street-lighting-market
Market Report by Application
• Residential
• Commercial
• Industrial
Market Report by Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
About us:
Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in India with an aim to deliver up-to-date executive support to foster overall growth of an organization in its domain.
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