Solar Lights Market
Solar Lights Market Forecasts to 2032 – Global Analysis By Product Type (Solar Street Lights, Solar Garden Lights, Solar Lanterns, Solar Flood Lights, Solar Lamp Posts, Solar Bollard Lights, Solar Spotlights, Solar Home Systems, and Other Product Types), Battery Type, Panel Type, Installation Type, Lighting Source, End User and By Geography
According to Stratistics MRC, the Global Solar Lights Market is accounted for $11.10 billion in 2025 and is expected to reach $19.27 billion by 2032 growing at a CAGR of 8.2% during the forecast period. Solar lights operate by harnessing solar energy through photovoltaic cells that transform sunlight into electrical power. This energy is stored in rechargeable batteries, which illuminate LEDs after sunset. Serving as a sustainable and economical solution, solar lighting minimizes reliance on conventional electricity sources. Widely applied in households, businesses, and public spaces, these lights promote environmental responsibility, energy conservation, and long-term cost savings while ensuring efficient illumination in various outdoor and indoor settings.
Market Dynamics:
Driver:
Increasing demand for off-grid lighting solutions
As energy costs rise and grid infrastructure remains limited in many regions, off-grid solar lighting is gaining traction as a reliable alternative. Consumers and governments alike are recognizing the environmental and economic benefits of solar-powered systems. Off-grid solutions offer independence from traditional utilities, making them ideal for rural and disaster-prone areas. Technological advancements in solar panels, batteries, and controllers have improved performance and affordability. Public awareness campaigns and NGO-led initiatives are accelerating adoption in low-income communities. This growing demand is fueling innovation and expanding the global footprint of solar lighting systems.
Restraint:
Lack of awareness and technical knowledge
Despite the benefits of solar lighting, many consumers remain unaware of its capabilities and installation requirements. Inadequate technical literacy, especially in rural and underserved regions, hampers adoption. Misconceptions about reliability, maintenance, and upfront costs persist, limiting market penetration. The absence of skilled personnel and training programs further restricts deployment. Without proper education and outreach, even subsidized solutions may fail to gain traction.
Opportunity:
Integration with smart technologies
The integration of solar lights with smart technologies is opening new avenues for innovation and user convenience. IoT-enabled systems allow remote monitoring, adaptive brightness control, and predictive maintenance. Smart solar lights can be synchronized with urban infrastructure, enhancing safety and energy efficiency. These features are particularly valuable in smart city initiatives and commercial applications. As connectivity improves, demand for intelligent lighting solutions is expected to surge. This convergence of solar and digital technologies presents a compelling growth opportunity for manufacturers and service providers.
Threat:
Fluctuating raw material prices
The solar lights industry faces significant challenges due to unstable pricing of essential raw materials like lithium, silicon, and rare earth elements. Such price volatility can lead to supply chain disruptions and increased manufacturing expenses, putting pressure on margins. Maintaining cost competitiveness becomes difficult, particularly in regions where affordability is a key concern. Shifting trade regulations and global political uncertainties further complicate procurement strategies. Smaller companies are especially vulnerable, as they often lack the financial resilience to absorb these fluctuations. Overall, this unpredictability threatens consistent market expansion and complicates strategic forecasting.
Covid-19 Impact
The COVID-19 pandemic initially disrupted the solar lights market through supply chain interruptions and delayed infrastructure projects. Manufacturing slowdowns and logistical bottlenecks led to shortages and increased costs. However, the crisis also highlighted the importance of resilient, decentralized energy solutions. Off-grid solar lighting gained renewed attention for emergency response and rural electrification. As economies recovered, investments in sustainable infrastructure accelerated, benefiting the sector. The pandemic ultimately reinforced the value proposition of solar lighting in both public and private domains.
The solar street lights segment is expected to be the largest during the forecast period
The solar street lights segment is expected to account for the largest market share during the forecast period, driven by widespread urbanization and infrastructure upgrades. Governments are increasingly deploying solar street lights to reduce energy costs and carbon emissions. These systems offer long-term savings, minimal maintenance, and enhanced public safety. Technological improvements in motion sensors, battery storage, and panel efficiency are boosting adoption. Municipal projects and smart city initiatives are further propelling demand. As a result, solar street lighting is becoming a cornerstone of sustainable urban development.
The LED segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the LED segment is predicted to witness the highest growth rate, due to its superior energy efficiency and longer lifespan. LEDs consume significantly less power than traditional bulbs, making them ideal for solar applications. Advances in LED technology have improved brightness, color rendering, and durability. Their compact design and low heat output enhance system integration and performance. As costs continue to decline, LEDs are becoming the preferred choice across residential, commercial, and industrial sectors. This trend is expected to drive rapid expansion in the solar lighting market.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share due to rapid urbanization, population growth, and energy access initiatives. Countries like India, China, and Indonesia are investing heavily in solar infrastructure to meet rising demand. Government subsidies, favourable policies, and public-private partnerships are accelerating deployment. Rural electrification programs are particularly impactful, bringing light to off-grid communities. The region also benefits from abundant sunlight and low manufacturing costs. These factors collectively position Asia Pacific as the dominant force in the global solar lights market.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to strong environmental regulations and technological innovation. The U.S. and Canada are witnessing increased adoption of solar lighting in residential, commercial, and municipal sectors. Integration with smart grids and IoT platforms is driving demand for advanced lighting solutions. Federal and state-level incentives are encouraging investment in clean energy infrastructure. Rising awareness of climate change and energy independence is fueling consumer interest. With robust R&D and supportive policy frameworks, North America is poised for accelerated growth in solar lighting.
Key players in the market
Some of the key players profiled in the Solar Lights Market include SolarOne Solutions, Solex Energy, Sol Inc., Omega Solar, Sunna Design, Shenzhen Spark Optoelectronics, Greenshine New Energy, Gama Sonic, Jiawei Renewable Energy, Engoplanet, SOKOYO Solar Lighting, Leadsun, Dragons Breath Solar, Solar Street Lights USA, Urja Global, and Niwa Solar.
Key Developments:
In January 2025, Solex Energy Ltd has secured the order to supply 100 MWp of its n-type TOPCon solar modules for Sprng Energy’s projects in Gujarat. The manufacturer has signed a module supply agreement (MSA) with Sprng Energy, a member of Shell group and a private-sector power producer in the country. Under this agreement, Solex will supply its high-efficiency n-type TOPCon modules rated 585/ 590 Wp each.
In February 2017, SolarOne Solutions announces its acquisition of Inovus Solar, Inc, a solar lighting company with complementary products, markets and technologies. With this transaction, SolarOne Solutions brings the Boise-based firm's technology, project pipeline, brand and other assets into its fold. All Inovus Solar personnel immediately become part of SolarOne Solutions and will continue to support its customer base worldwide.
Product Types Covered:
• Solar Street Lights
• Solar Garden Lights
• Solar Lanterns
• Solar Flood Lights
• Solar Lamp Posts
• Solar Bollard Lights
• Solar Spotlights
• Solar Home Systems
• Other Product Types
Battery Types Covered:
• Lithium-Ion Batteries
• Nickel-Cadmium Batteries
• Lead-Acid Batteries
• Other Battery Types
Panel Types Covered:
• Mono-Crystalline Solar Panels
• Amorphous Silicon Panels
• Poly-Crystalline Solar Panels
• Thin-Film Solar Panels
Installation Types Covered:
• Pole Mounted
• Ground Mounted
• Wall Mounted
• Integrated/Portable Systems
Lighting Sources Covered:
• LED
• CFL
• Induction
End Users Covered:
• Municipal/Government Authorities
• Utilities & Energy Service Companies (ESCOs)
• Enterprises & Institutions
• Households/Individual Consumers
• NGOs & Development Agencies
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Solar Lights Market, By Product Type
5.1 Introduction
5.2 Solar Street Lights
5.3 Solar Garden Lights
5.4 Solar Lanterns
5.5 Solar Flood Lights
5.6 Solar Lamp Posts
5.7 Solar Bollard Lights
5.8 Solar Spotlights
5.9 Solar Home Systems
5.10 Other Product Types
6 Global Solar Lights Market, By Battery Type
6.1 Introduction
6.2 Lithium-Ion Batteries
6.3 Nickel-Cadmium Batteries
6.4 Lead-Acid Batteries
6.5 Other Battery Types
7 Global Solar Lights Market, By Panel Type
7.1 Introduction
7.2 Mono-Crystalline Solar Panels
7.3 Amorphous Silicon Panels
7.4 Poly-Crystalline Solar Panels
7.5 Thin-Film Solar Panels
8 Global Solar Lights Market, By Installation Type
8.1 Introduction
8.2 Pole Mounted
8.3 Ground Mounted
8.4 Wall Mounted
8.5 Integrated/Portable Systems
9 Global Solar Lights Market, By Lighting Source
9.1 Introduction
9.2 LED
9.3 CFL
9.4 Induction
10 Global Solar Lights Market, By End User
10.1 Introduction
10.2 Municipal/Government Authorities
10.3 Utilities & Energy Service Companies (ESCOs)
10.4 Enterprises & Institutions
10.5 Households/Individual Consumers
10.6 NGOs & Development Agencies
10.7 Other End Users
11 Global Solar Lights Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 SolarOne Solutions
13.2 Solex Energy
13.3 Sol Inc.
13.4 Omega Solar
13.5 Sunna Design
13.6 Shenzhen Spark Optoelectronics
13.7 Greenshine New Energy
13.8 Gama Sonic
13.9 Jiawei Renewable Energy
13.10 Engoplanet
13.11 SOKOYO Solar Lighting
13.12 Leadsun
13.13 Dragons Breath Solar
13.14 Solar Street Lights USA
13.15 Urja Global
13.16 Niwa Solar
List of Tables
1 Global Solar Lights Market Outlook, By Region (2024-2032) ($MN)
2 Global Solar Lights Market Outlook, By Product Type (2024-2032) ($MN)
3 Global Solar Lights Market Outlook, By Solar Street Lights (2024-2032) ($MN)
4 Global Solar Lights Market Outlook, By Solar Garden Lights (2024-2032) ($MN)
5 Global Solar Lights Market Outlook, By Solar Lanterns (2024-2032) ($MN)
6 Global Solar Lights Market Outlook, By Solar Flood Lights (2024-2032) ($MN)
7 Global Solar Lights Market Outlook, By Solar Lamp Posts (2024-2032) ($MN)
8 Global Solar Lights Market Outlook, By Solar Bollard Lights (2024-2032) ($MN)
9 Global Solar Lights Market Outlook, By Solar Spotlights (2024-2032) ($MN)
10 Global Solar Lights Market Outlook, By Solar Home Systems (2024-2032) ($MN)
11 Global Solar Lights Market Outlook, By Other Product Types (2024-2032) ($MN)
12 Global Solar Lights Market Outlook, By Battery Type (2024-2032) ($MN)
13 Global Solar Lights Market Outlook, By Lithium-Ion Batteries (2024-2032) ($MN)
14 Global Solar Lights Market Outlook, By Nickel-Cadmium Batteries (2024-2032) ($MN)
15 Global Solar Lights Market Outlook, By Lead-Acid Batteries (2024-2032) ($MN)
16 Global Solar Lights Market Outlook, By Other Battery Types (2024-2032) ($MN)
17 Global Solar Lights Market Outlook, By Panel Type (2024-2032) ($MN)
18 Global Solar Lights Market Outlook, By Mono-Crystalline Solar Panels (2024-2032) ($MN)
19 Global Solar Lights Market Outlook, By Amorphous Silicon Panels (2024-2032) ($MN)
20 Global Solar Lights Market Outlook, By Poly-Crystalline Solar Panels (2024-2032) ($MN)
21 Global Solar Lights Market Outlook, By Thin-Film Solar Panels (2024-2032) ($MN)
22 Global Solar Lights Market Outlook, By Installation Type (2024-2032) ($MN)
23 Global Solar Lights Market Outlook, By Pole Mounted (2024-2032) ($MN)
24 Global Solar Lights Market Outlook, By Ground Mounted (2024-2032) ($MN)
25 Global Solar Lights Market Outlook, By Wall Mounted (2024-2032) ($MN)
26 Global Solar Lights Market Outlook, By Integrated/Portable Systems (2024-2032) ($MN)
27 Global Solar Lights Market Outlook, By Lighting Source (2024-2032) ($MN)
28 Global Solar Lights Market Outlook, By LED (2024-2032) ($MN)
29 Global Solar Lights Market Outlook, By CFL (2024-2032) ($MN)
30 Global Solar Lights Market Outlook, By Induction (2024-2032) ($MN)
31 Global Solar Lights Market Outlook, By End User (2024-2032) ($MN)
32 Global Solar Lights Market Outlook, By Municipal/Government Authorities (2024-2032) ($MN)
33 Global Solar Lights Market Outlook, By Utilities & Energy Service Companies (ESCOs) (2024-2032) ($MN)
34 Global Solar Lights Market Outlook, By Enterprises & Institutions (2024-2032) ($MN)
35 Global Solar Lights Market Outlook, By Households/Individual Consumers (2024-2032) ($MN)
36 Global Solar Lights Market Outlook, By NGOs & Development Agencies (2024-2032) ($MN)
37 Global Solar Lights Market Outlook, By Other End Users (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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