Press release
Solar Street Lighting 2017 Global Market Expected to Grow at CAGR 19.30% and Forecast to 2020
Solar Street Lighting Market 2017
The analysts forecast the global solar street lighting market to grow at a CAGR of 19.30% during the period 2016-2020.
Street lighting is a vital service provided by the municipal organizations of respective cities to ensure the safety of people using pedestrian walkways and roads. Worldwide, across the cities lighting accounts for a substantial range of 10%-35% of the total energy bills. Controlling the power consumption in street lighting has been gaining attention due to rising energy prices, need for energy efficiency, and tackling climate change. This has resulted in choosing energy-efficient technologies such as LEDs to replace older street lighting models that use CFL or halogen.
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Covered in this report
The report covers the present scenario and the growth prospects of the global solar street lighting market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of solar street lighting products (i.e., solar PV with components like batteries, poles, luminaires, and power management systems) in the market.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
The report, Global Solar Street Lighting Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Omega Solar
• Philips Lighting
• Solar Street Lights USA
• Su-Kam Power Systems
Other prominent vendors
• Bridgelux
• Covimed Solar
• Dragons Breath Solar
• Elecssol
• Fosera
• KCP Solar
• Shenzhen Spark Optoelectronics S&T
• Solar Electric Power Company (SEPCO)
• SOKOYO
• Solektra
• Sunna Design
• Tata Power Solar Systems
• Urja Global
• VERYSOL
Market driver
• Increase in government support
• For a full, detailed list, view our report
Market challenge
• Absence of global LED standardization
• For a full, detailed list, view our report
Market trend
• Emergence of smart cities
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Table Of Contents – Major Key Points
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by product type
• Global solar street lighting market by product type
• Global solar street lighting market by LED
• Global solar street lighting market by CFL
PART 07: Geographical segmentation
• Global solar street lighting market by geography
• Solar street lighting market in APAC
• Solar street lighting market in EMEA
• Solar street lighting market in Americas
PART 08: Market drivers
• Increase in government support
• Introduction of energy-efficient lighting technologies
• Growing need for electrification
PART 09: Impact of drivers
PART 10: Market challenges
• Absence of global LED standardization
• Competition from counterfeit products
• High cost of lighting system
PART 11: Impact of drivers and challenges
PART 12: Market trends
• Emergence of smart cities
• Major upcoming sports events and investment by governments
• Dominance of emerging markets
• Decreasing price of lighting units
PART 13: Vendor landscape
• Competitive scenario
• Other prominent vendors
PART 14: Key vendor analysis
• Omega Solar
• Philips Lighting
• Solar Street Lights USA
• Su-Kam Power Systems
PART 15: Appendix
• List of abbreviations
Continue…….
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