Solar LED Street Lighting Market Companies, Share, Forecast, Overview and Analysis by 2028


The global Solar LED Street Lighting Market is forecasted to be worth USD 13.89 Billion by 2027, according to a new report by Emergen Research.

The global Solar LED Street Lighting Market is forecasted to be worth USD 13.89 Billion by 2027, according to a new report by Emergen Research. The solar LED street lighting market is anticipated to grow significantly owing to the growing need for energy-efficient lighting systems and the rising integration of the IoT with lighting systems.

The report provides detailed insights into Solar LED Street Lighting market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Solar LED Street Lighting market size over the forecast period, 2020–2028. The report includes profiles of major Solar LED Street Lighting players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Solar LED Street Lighting market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.

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Global Solar LED Street Lighting market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Solar LED Street Lighting market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Solar LED Street Lighting market.

The increase in energy usage globally is another factor for the substantial growth in the global solar LED street lighting market.

However, the high setup costa are likely to restraint market growth over the forecast period.

In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Solar LED Street Lighting market share contribution of these countries. In addition, Solar LED Street Lighting market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Top key vendors in Solar LED Street Lighting Market include are:

  • Key participants include Su-Kam Power Systems Ltd., Sunna Design Inc., Dragon's Breath Solar, Bridgelux, Inc., Greenshine New Energy LLC, Signify Holding B.V., Solar Lighting International Inc, Anhui Longvolt Energy Co. Ltd., BISOL Group, d.o.o., and Orion Solar among others.

Emergen Research has segmented the global Solar LED Street Lighting Market on the basis of product, component, end-use, and region:

  • Product Outlook (Revenue, USD Billion; 2017-2027)
    • Grid Connected
    • Standalone
  • Component Outlook (Revenue, USD Billion; 2017-2027)
    • Solar Cell
    • Light Pole
    • LED lamps
  • End-Use Outlook (Revenue, USD Billion; 2017-2027)
    • Residential
    • Industrial
    • Commercial

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In terms of Solar LED Street Lighting market share and revenue contribution to the global Solar LED Street Lighting market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Solar LED Street Lighting market share.

The market intelligence report on the Solar LED Street Lighting Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

Region wise performance of the Solar LED Street Lighting industry

North America Solar LED Street Lighting market revenue growth was relatively higher than that of other regional markets in 2020. North America Solar LED Street Lighting market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.  

Asia Pacific Solar LED Street Lighting market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Solar LED Street Lighting market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Solar LED Street Lighting market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.

Europe Solar LED Street Lighting market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/232

The research provides answers to the following key questions:

  • What will be the growth rate and the market size of the Solar LED Street Lighting industry for the forecast period 2020-2027?
  • What are the major driving forces expected to impact the development of the Solar LED Street Lighting market across different regions?
  • Who are the major driving forces expected to decide the fate of the Solar LED Street Lighting industry worldwide?
  • Who are the prominent market players making a mark in the Solar LED Street Lighting market with their winning strategies?
  • Which Solar LED Street Lighting industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the Solar LED Street Lighting market?

Table of Content

Chapter 1. Methodology Sources

    1.1. Solar LED Street Lighting Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Solar LED Street Lighting Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Solar LED Street Lighting Market Segmentation Impact Analysis

    4.1. Solar LED Street Lighting Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Solar LED Street Lighting Market indicators analysis

          4.2.2. Solar LED Street Lighting Market drivers analysis

                    4.2.2.1. Rapid urbanization and industrialization

                    4.2.2.2. Stringent government regulations regarding carbon emissions

                    4.2.2.3. Increasing prevalence of respiratory diseases

                    4.2.2.4. Rising need to enhance indoor air quality

          4.2.3. Solar LED Street Lighting Market restraints analysis

                    4.2.3.1. High cost associated with the maintenance of Solar LED Street Lighting products

                    4.2.3.2. Availability of renewable sources of energy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

    10.1. Solar LED Street Lighting Market Revenue Share By Manufacturers

    10.2. Mergers Acquisitions

    10.3. Competitor’s Positioning

    10.4. Strategy Benchmarking

    10.5. Vendor Landscape

          10.5.1. Raw Material Suppliers

                    10.5.1.1. North America

                    10.5.1.2. Europe

                    10.5.1.3. Asia Pacific

                    10.5.1.4. Middle East Africa

                    10.5.1.5. Latin America

          10.5.2. Distributors

                    10.5.2.1. North America

                    10.5.2.2. Europe

                    10.5.2.3. Asia Pacific

                    10.5.2.4. Middle East Africa

                    10.5.2.5. Latin America

          10.5.3. Others

Continued….

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