Solar Street Lighting Market Outlook 2023-2029: Forecasting Trends And Future Developments In Solar-Powered Urban Lighting

Published: 2024-04-04
Views: 28
Author: manasi05
Published in: Business
Solar Street Lighting Market Outlook 2023-2029: Forecasting Trends And Future Developments In Solar-Powered Urban Lighting

Solar Street Lighting Market Overview:

Maximize Market Research is a leading market research firm based in Pune that has published a detailed analysis of the “Solar Street Lighting Market”. The updated Solar Street Lighting market reports include the market size data for the year 2022 and provide an estimated value for 2029, and a CAGR forecast has been made for the period from 2023 to 2029.

Anticipated Growth in Revenue:

The Global Solar Street Lighting Market size was valued at USD 4.80 Billion in 2023 and the total Solar Street Lighting revenue is expected to grow at a CAGR of 14.5% from 2023 to 2029, reaching nearly USD 12.38 Billion By 2029.

For a comprehensive overview of this study, navigate to: 

Solar Street Lighting Market Scope and Methodology:

The Solar Street Lighting market report employs a rigorous research methodology to ensure the reliability of its findings. Maximize Market Research Pvt Ltd utilizes a combination of primary and secondary research techniques, including interviews with company experts, surveys, and analysis of databases. The report offers valuable information on the latest market trends, factors driving growth, obstacles hindering progress, potential opportunities, and key challenges on a global and regional scale. The report covers Solar Street Lighting market segmentation based on end-users the growth of the segment helps you to analyze the Solar Street Lighting market growth, also provide the market overview and insights to make a helpful strategic decision in a dynamic market landscape.

The Solar Street Lighting market reports provide detailed of new recent developments, import-export analysis, trade regulations, production analysis, value chain analysis and technological roadmap, market share, and impact of domestic and local market key players.

Solar Street Lighting Market Regional Insights:

The report offers a detailed examination of major regions including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa, providing valuables analysis of regional market drivers, trends, and opportunities for stakeholders, also import and export, regulations, challenges of the Solar Street Lighting market.

Solar Street Lighting Market Segmentation:

by Luminaries


by Type

Grid Connected

by Application


In 2023, the Light Emitting Diodes segment dominated the global solar street lighting market with the largest market share of 95%, according to luminaries. Their increased adoption due to their superior performance over alternative technologies has fueled the segment's expansion. Growing factors for the solar street lighting market resulted from the growing demand for solar street lighting due to its sustainability, energy efficiency, environmental benefits, supportive government policies, and ongoing technological advancements. Improvements in light emitting diode technology result in increased efficiency, extended lifespans, and intelligent features. They are frequently utilized in many different contexts, such as parks, residential neighborhoods, highways, industrial zones, and urban streets.

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Table of Content: Solar Street Lighting Market

Part 01: Executive Summary

Part 02: Scope of the Solar Street Lighting Market Report

Part 03: Global Solar Street Lighting Market Landscape

Part 04: Global Solar Street Lighting Market Sizing

Part 05: Global Solar Street Lighting Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Solar Street Lighting Market Key Players:

1. Philips Lighting Holding B.V.
2. Bajaj Electricals And Zumtobel AG
3. VerySol GmbH
4. Bridgelux Inc
5. Urja Global Ltd.
6. SOKOYO Solar Group
7. Omega Solar
8. Dragons Breath Solar
9. Solar Street Lights USA
10. Solektra International LLC
11. Sunna Design
12. Sol Inc.
13. Signify Holding
14. SolarOne Solutions Inc.
15. Hitechled
16. Su-Kam Power Systems Ltd
17. Yingli Solar
18. Greenshine New Energy
19. Eaton Corporation Inc
20. Solar Electric Power Company
21. Clear Blue Technologies Inc
22. SunMaster Solar Lighting Co., Ltd
23. Solar Lighting International, Inc
24. FlexSol Solutions B.V
25. Azuri Technologies Ltd
26. Nokero

Seeking a thorough market understanding? Dive into the summary of the research report:  

Key questions answered in the Solar Street Lighting Market are:

  • What is Solar Street Lighting?
  • What was the Solar Street Lighting market size in 2022?
  • Which region has the largest share in Solar Street Lighting Market?
  • What is the growth rate of the Solar Street Lighting Market?
  • Which are the factors expected to drive the Solar Street Lighting market growth?
  • What growth strategies are the players considering to increase their presence in Solar Street Lighting?
  • What are the upcoming industry applications and trends for the Solar Street Lighting Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Solar Street Lighting Market?
  • Who are the leading companies and what are their portfolios in Solar Street Lighting Market?
  • What segments are covered in the Solar Street Lighting Market?
  • Who are the key players in the Solar Street Lighting market?
  • What are the different segments of the Solar Street Lighting Market?
  • Which Company accounted for the highest Solar Street Lighting market share?
  • What is the study period of this Market?

Key Offerings:

  • Past Market Size and Competitive Landscape
  • Past Pricing and price curve by region 
  • Market Size, Share, Size & Forecast by Different Segment 
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Stay ahead of the curve with the trending research from Maximize Market Research:

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

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Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

+91 96071 95908, +91 9607365656

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