Solar Street Lighting Market
Solar Street Lighting - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Solar Street Lighting market is accounted for $4.43 billion in 2019 and is expected to reach $16.30 billion by 2027 growing at a CAGR of 17.7% during the forecast period. Some of the key factors propelling the market growth are higher potential of solar equipments coupled with rising demand for clean energy sources and escalating off grid electricity demand. However, huge initial cost and be short of customer awareness is the restraining factor for the growth of the market.
Solar street light (SSL) are widely being used for outside street lighting as their most important source of energy is solar power. Through no dependence on conventional sources of energy, these lighting mediums work on stand-alone mode, eradicating the need for a general grid of any power necessities.
By application, industrial segment is likely to have a huge demand in the forecast period due to expansion toward sustainable manufacturing accompanied by mounting require for energy optimization are little of the imperative parameters which will complement the business growth. Additionally, net metering, feed-in tariffs, incentivization and extra favorable reforms will positively influence the business landscape.
On the basis of geography, Europe is expected to have a huge demand in the forecast period owing to more adoption of solar lighting systems across different sectors along with strict regulatory framework for energy efficient necessities of lighting systems will push the industry growth. Huge number of prevailing smart city projects attached with substantial progress pertaining to renewable energy integration will give confidence the product penetration.
Some of the key players in Solar Street Lighting Market include Acuity Brands, Inc, Bajaj Electricals, Cooper Lighting division , Digital Lumens, Inc, Dragons Breath Solar , Encelium Technologies, Inc, Honeywell International , Lutron Elecronics, Co, Matsushita Electric Industrial Co, Omega Solar, Osram Licht AG , Philips Lighting holding B.V , Royal Philips Electronics N.V, Siemens, SOKOYO Solar Group, Streetlight.Vision and Zumtobel AG.
Types Covered:
• Grid Connected
• Standalone
Lighting Sources Covered:
• Light Emitting Diode [LED]
• Compact Fluorescent Lamps [CFL]
Applications Covered:
• Commercial
• Industrial
• Residential
End Users Covered:
• Private Sectors
• Governments
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
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 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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
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 Application 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 Street Lighting Market, By Type
5.1 Introduction
5.2 Grid Connected
5.3 Standalone
6 Global Solar Street Lighting Market, By Lighting Source
6.1 Introduction
6.2 Light Emitting Diode [LED]
6.3 Compact Fluorescent Lamps [CFL]
7 Global Solar Street Lighting Market, By Application
7.1 Introduction
7.2 Commercial
7.3 Industrial
7.4 Residential
8 Global Solar Street Lighting Market, By End User
8.1 Introduction
8.2 Private Sectors
8.3 Governments
9 Global Solar Street Lighting Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Acuity Brands, Inc
11.2 Bajaj Electricals
11.3 Cooper Lighting division
11.4 Digital Lumens, Inc
11.5 Dragons Breath Solar
11.6 Encelium Technologies, Inc
11.7 Honeywell International
11.8 Lutron Elecronics, Co
11.9 Matsushita Electric Industrial Co
11.10 Omega Solar
11.11 Osram Licht AG
11.12 Philips Lighting holding B.V
11.13 Royal Philips Electronics N.V
11.14 Siemens
11.15 SOKOYO Solar Group
11.16 Streetlight.Vision
11.17 Zumtobel AG
List of Tables
1 Global Solar Street Lighting Market Outlook, By Region (2018-2027) ($MN)
2 Global Solar Street Lighting Market Outlook, By Type (2018-2027) ($MN)
3 Global Solar Street Lighting Market Outlook, By Grid Connected (2018-2027) ($MN)
4 Global Solar Street Lighting Market Outlook, By Standalone (2018-2027) ($MN)
5 Global Solar Street Lighting Market Outlook, By Lighting Source (2018-2027) ($MN)
6 Global Solar Street Lighting Market Outlook, By Light Emitting Diode [LED] (2018-2027) ($MN)
7 Global Solar Street Lighting Market Outlook, By Compact Fluorescent Lamps [CFL] (2018-2027) ($MN)
8 Global Solar Street Lighting Market Outlook, By Application (2018-2027) ($MN)
9 Global Solar Street Lighting Market Outlook, By Commercial (2018-2027) ($MN)
10 Global Solar Street Lighting Market Outlook, By Industrial (2018-2027) ($MN)
11 Global Solar Street Lighting Market Outlook, By Residential (2018-2027) ($MN)
12 Global Solar Street Lighting Market Outlook, By End-User (2018-2027) ($MN)
13 Global Solar Street Lighting Market Outlook, By Private Sectors (2018-2027) ($MN)
14 Global Solar Street Lighting Market Outlook, By Governments (2018-2027) ($MN)
15 North America Solar Street Lighting Market Outlook, By Country (2018-2027) ($MN)
16 North America Solar Street Lighting Market Outlook, By Type (2018-2027) ($MN)
17 North America Solar Street Lighting Market Outlook, By Grid Connected (2018-2027) ($MN)
18 North America Solar Street Lighting Market Outlook, By Standalone (2018-2027) ($MN)
19 North America Solar Street Lighting Market Outlook, By Lighting Source (2018-2027) ($MN)
20 North America Solar Street Lighting Market Outlook, By Light Emitting Diode [LED] (2018-2027) ($MN)
21 North America Solar Street Lighting Market Outlook, By Compact Fluorescent Lamps [CFL] (2018-2027) ($MN)
22 North America Solar Street Lighting Market Outlook, By Application (2018-2027) ($MN)
23 North America Solar Street Lighting Market Outlook, By Commercial (2018-2027) ($MN)
24 North America Solar Street Lighting Market Outlook, By Industrial (2018-2027) ($MN)
25 North America Solar Street Lighting Market Outlook, By Residential (2018-2027) ($MN)
26 North America Solar Street Lighting Market Outlook, By End-User (2018-2027) ($MN)
27 North America Solar Street Lighting Market Outlook, By Private Sectors (2018-2027) ($MN)
28 North America Solar Street Lighting Market Outlook, By Governments (2018-2027) ($MN)
29 Europe Solar Street Lighting Market Outlook, By Country (2018-2027) ($MN)
30 Europe Solar Street Lighting Market Outlook, By Type (2018-2027) ($MN)
31 Europe Solar Street Lighting Market Outlook, By Grid Connected (2018-2027) ($MN)
32 Europe Solar Street Lighting Market Outlook, By Standalone (2018-2027) ($MN)
33 Europe Solar Street Lighting Market Outlook, By Lighting Source (2018-2027) ($MN)
34 Europe Solar Street Lighting Market Outlook, By Light Emitting Diode [LED] (2018-2027) ($MN)
35 Europe Solar Street Lighting Market Outlook, By Compact Fluorescent Lamps [CFL] (2018-2027) ($MN)
36 Europe Solar Street Lighting Market Outlook, By Application (2018-2027) ($MN)
37 Europe Solar Street Lighting Market Outlook, By Commercial (2018-2027) ($MN)
38 Europe Solar Street Lighting Market Outlook, By Industrial (2018-2027) ($MN)
39 Europe Solar Street Lighting Market Outlook, By Residential (2018-2027) ($MN)
40 Europe Solar Street Lighting Market Outlook, By End-User (2018-2027) ($MN)
41 Europe Solar Street Lighting Market Outlook, By Private Sectors (2018-2027) ($MN)
42 Europe Solar Street Lighting Market Outlook, By Governments (2018-2027) ($MN)
43 Asia Pacific Solar Street Lighting Market Outlook, By Country (2018-2027) ($MN)
44 Asia Pacific Solar Street Lighting Market Outlook, By Type (2018-2027) ($MN)
45 Asia Pacific Solar Street Lighting Market Outlook, By Grid Connected (2018-2027) ($MN)
46 Asia Pacific Solar Street Lighting Market Outlook, By Standalone (2018-2027) ($MN)
47 Asia Pacific Solar Street Lighting Market Outlook, By Lighting Source (2018-2027) ($MN)
48 Asia Pacific Solar Street Lighting Market Outlook, By Light Emitting Diode [LED] (2018-2027) ($MN)
49 Asia Pacific Solar Street Lighting Market Outlook, By Compact Fluorescent Lamps [CFL] (2018-2027) ($MN)
50 Asia Pacific Solar Street Lighting Market Outlook, By Application (2018-2027) ($MN)
51 Asia Pacific Solar Street Lighting Market Outlook, By Commercial (2018-2027) ($MN)
52 Asia Pacific Solar Street Lighting Market Outlook, By Industrial (2018-2027) ($MN)
53 Asia Pacific Solar Street Lighting Market Outlook, By Residential (2018-2027) ($MN)
54 Asia Pacific Solar Street Lighting Market Outlook, By End-User (2018-2027) ($MN)
55 Asia Pacific Solar Street Lighting Market Outlook, By Private Sectors (2018-2027) ($MN)
56 Asia Pacific Solar Street Lighting Market Outlook, By Governments (2018-2027) ($MN)
57 South America Solar Street Lighting Market Outlook, By Country (2018-2027) ($MN)
58 South America Solar Street Lighting Market Outlook, By Type (2018-2027) ($MN)
59 South America Solar Street Lighting Market Outlook, By Grid Connected (2018-2027) ($MN)
60 South America Solar Street Lighting Market Outlook, By Standalone (2018-2027) ($MN)
61 South America Solar Street Lighting Market Outlook, By Lighting Source (2018-2027) ($MN)
62 South America Solar Street Lighting Market Outlook, By Light Emitting Diode [LED] (2018-2027) ($MN)
63 South America Solar Street Lighting Market Outlook, By Compact Fluorescent Lamps [CFL] (2018-2027) ($MN)
64 South America Solar Street Lighting Market Outlook, By Application (2018-2027) ($MN)
65 South America Solar Street Lighting Market Outlook, By Commercial (2018-2027) ($MN)
66 South America Solar Street Lighting Market Outlook, By Industrial (2018-2027) ($MN)
67 South America Solar Street Lighting Market Outlook, By Residential (2018-2027) ($MN)
68 South America Solar Street Lighting Market Outlook, By End-User (2018-2027) ($MN)
69 South America Solar Street Lighting Market Outlook, By Private Sectors (2018-2027) ($MN)
70 South America Solar Street Lighting Market Outlook, By Governments (2018-2027) ($MN)
71 Middle East & Africa Solar Street Lighting Market Outlook, By Country (2018-2027) ($MN)
72 Middle East & Africa Solar Street Lighting Market Outlook, By Type (2018-2027) ($MN)
73 Middle East & Africa Solar Street Lighting Market Outlook, By Grid Connected (2018-2027) ($MN)
74 Middle East & Africa Solar Street Lighting Market Outlook, By Standalone (2018-2027) ($MN)
75 Middle East & Africa Solar Street Lighting Market Outlook, By Lighting Source (2018-2027) ($MN)
76 Middle East & Africa Solar Street Lighting Market Outlook, By Light Emitting Diode [LED] (2018-2027) ($MN)
77 Middle East & Africa Solar Street Lighting Market Outlook, By Compact Fluorescent Lamps [CFL] (2018-2027) ($MN)
78 Middle East & Africa Solar Street Lighting Market Outlook, By Application (2018-2027) ($MN)
79 Middle East & Africa Solar Street Lighting Market Outlook, By Commercial (2018-2027) ($MN)
80 Middle East & Africa Solar Street Lighting Market Outlook, By Industrial (2018-2027) ($MN)
81 Middle East & Africa Solar Street Lighting Market Outlook, By Residential (2018-2027) ($MN)
82 Middle East & Africa Solar Street Lighting Market Outlook, By End-User (2018-2027) ($MN)
83 Middle East & Africa Solar Street Lighting Market Outlook, By Private Sectors (2018-2027) ($MN)
84 Middle East & Africa Solar Street Lighting Market Outlook, By Governments (2018-2027) ($MN)
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
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.