Astute Analytica has recently published a comprehensive report on the Solar Street Lighting Market, which provides the latest data and insights into the market’s growth prospects and challenges. The report employs various tools, such as constraints and opportunity analysis, to evaluate the potential for new goods and services, helping businesses locate and forecast market opportunities.
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The report also includes a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields and representatives from various industries found all along the supply chain.
Global solar street lighting market is estimated to witness a major jump in revenue from US$ 4,438.0 Mn in 2022 to US$ 15,716.4 Mn by 2030 at a CAGR of 17.19% over the projection period 2023-2030. In terms of volume, the market is expected to register a CAGR of 15.01% during the forecast period.
The report discusses further findings that researchers made based on the comprehensive data and offers information on the state of the market, including kinds and applications based on various nations and important locations. It describes the market’s most active companies in detail, including attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.
The leading companies in the Solar Street Lighting Market include.
- Acuity Brands, Inc.
- Bajaj Electricals Ltd.
- Bridgelux Inc.
- Cooper Lighting, LLC
- Dragons Breath Solar
- Jiangsu SOKOYO Solar Lighting Co., Ltd.
- Omega Solar
- Philips Lighting Holding B.V.
- Signify Holding BV
- Sol Inc.
- Solar Street Lights USA
- Solektra International LLC
- Sunna Design
- Urja Global Ltd.
- VerySol Inc.
- Other Prominent Players
The report continuously monitors the direct impact of COVID-19, including updates on the Omicron mutation study, on the market, in addition to the indirect influence of related industries. The report contains observations on the impact of the pandemic.
Geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. The report discusses the predicted growth of the market in this region between 2021 and 2031.
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The segmentation overview of the Solar Street Lighting Market includes.
By Type segment of the Global Solar Street Lighting Market is sub-segmented into:
- Portable
- Standalone
- Centralized
- Others
By Component segment of the Global Solar Street Lighting Market is sub-segmented into:
- Controller
- Lamp
- Compact fluorescent light (CFL)
- Light-emitting diode (LED)
- Metal halide
- Sodium vapor
- Others
- Solar Panel
- Sensors
- Night & Motion Sensors
- Passive Infrared (PIR) Sensors
- Battery
- Lead-acid
- Lithium-Ion
- Others
By Application segment of the Global Solar Street Lighting Market is sub-segmented into:
- Parking Lot
- Highway and Roadway
- Airport Runway
- Manufacturing Site
- Playgrounds
- Garden
- Others
By Region segment of the Global Solar Street Lighting Market is sub-segmented into:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Italy
- Spain
- Poland
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of South America
Overall, Astute Analytica’s report on the Solar Street Lighting Market provides a comprehensive and valuable resource for businesses looking to understand the market’s current state and future growth prospects.
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