Solar Street Lighting Global Business Report 2024 - Increasing Number of Smart Cities to Drive the Growth of Solar Street Lighting - A US $22.7 Billion Market by 2030


Dublin, May 06, 2024 (GLOBE NEWSWIRE) -- The "Solar Street Lighting - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Solar Street Lighting estimated at US$7.2 Billion in the year 2023, is projected to reach a revised size of US$22.7 Billion by 2030, growing at a CAGR of 15.5% over the analysis period 2023-2030.

LED-based Lighting, one of the segments analyzed in the report, is projected to record 19.3% CAGR and reach US$19 Billion by the end of the analysis period. Growth in the CFL-based Lighting segment is estimated at 4.8% CAGR for the next 8-year period.

The Solar Street Lighting market in the U.S. is estimated at US$1 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$6.1 Billion by the year 2030 trailing a CAGR of 18.5% over the analysis period 2023 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.9% and 14.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 13.8% CAGR.

The report covers 65+ key industry players. Select competitors include:

  • Havells India Ltd.
  • Bajaj Electricals Ltd.
  • Bridgelux, Inc.
  • Halonix Technologies Ltd.
  • Orion Solar Pty Ltd.
  • Clear Blue Technologies Inc.
  • Kingsun Optoelectronic Co., Ltd.
  • Dragons Breath Solar
  • SEPCO Solar Electric Power Company
  • COVIMED Group
  • Omega Solar
  • Nu Lighting Pty Ltd.
  • Abacus Lighting Holdings Limited
  • LIGMAN Lighting Co., Ltd.
  • Koh Brothers Group Limited

Key Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Solar Street Lighting - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • A Prelude to Solar Street Lighting Market

2. FOCUS ON SELECT PLAYERS

  • Recent Market Activity

3. MARKET TRENDS & DRIVERS

  • Sustained Rise in Global Electricity Demand Creates Conducive Scenario for Wider Uptake of Solar Street Lighting
  • Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
  • Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
  • Global Energy Consumption (Billion toe) by Country/Region (1995, 2017 and 2040): Breakdown for USA, China, India, Russia, Brazil, EU, Middle East and Rest of World
  • Solar Street Lighting Market Stands to Gain from Growing Focus on Renewable Energy Sources amidst Rising Concerns over Fossil Fuel Usage
  • Targets for Electricity Production from Renewable Energy Sources in Select Countries
  • Leading Countries with Renewable Energy as % of total Energy
  • Global CO2 Emissions (2015. 2020, 2040 & 2050): Percentage Breakdown of Volume Emissions by Fuel Type
  • Solar Energy Emerges as a Reliable Renewable
  • Government Participation in Boosting Solar Energy Uptake Elevates Momentum in Solar Street Lighting Market
  • Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries
  • Future Prospects Remain Favorable Amid Growing Population & Urbanization Drive
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Continued Rise in Vehicular Traffic to Drive the Demand for Smart Street Lighting
  • Increasing Number of Smart Cities to Drive the Growth of Solar Street Lighting
  • Global Market for Smart City Technologies in US$ Million for the Years 2019 and 2025
  • Appealing Benefits & Influx of New Solutions Enable Smart Solar Street Lighting to Post Impressive Gains
  • Technological Advancements Crucial to Sustain Market Growth
  • Technological Advancements in Solar LED Street Lights
  • IoT Adoption Encourages the Spread of Smart Solar Street Light

4. GLOBAL MARKET PERSPECTIVE

  • World Recent Past, Current & Future Analysis for LED by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • World Historic Review for LED by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • World 16-Year Perspective for LED by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • World Recent Past, Current & Future Analysis for CFL by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • World Historic Review for CFL by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • World 16-Year Perspective for CFL by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • World Historic Review for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • World 16-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • World 16-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • World Solar Street Lighting Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • World Recent Past, Current & Future Analysis for Solar Street Lighting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • World Historic Review for Solar Street Lighting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • World 16-Year Perspective for Solar Street Lighting by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030

For more information about this report visit https://www.researchandmarkets.com/r/53ap9w

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