Market Research Report on Solar Street Lighting Price, Working, Manufacturers Demand, Street Light with Solar Panel and Industry Forecast 2025

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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Market Report by Application
• Residential
• Commercial
• Industrial
Market Dynamics:
Drivers: (solar street lighting solutions 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 system 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 in 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.

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Market Report by Lighting Source
• Compact Fluorescent Lamps (CFL)
• Light Emitting Diode (LED)

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 (solar street lighting solutions) emerging (solar street light working in market) 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.

Key Point from Table of Content
8. Company profiles
8.1. Bridgelux Inc.
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
8.3.2. Financials and business segments
8.3.3. Recent developments
8.4. Elecssol (solar street light project market)
8.4.1. Overview
8.4.2. Financials and business segments
8.4.3. Recent developments

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Market Report by Type
• Standalone
• On-grid

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

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This release was published on openPR.