Solar Lighting System Market by Offering (Hardware, Services, Software), Light Source (Compact Fluorescent Lamps, Light Emitting Diode), Grid Type, Application - Global Forecast 2024-2030

Solar Lighting System Market by Offering (Hardware, Services, Software), Light Source (Compact Fluorescent Lamps, Light Emitting Diode), Grid Type, Application - Global Forecast 2024-2030


The Solar Lighting System Market size was estimated at USD 14.10 billion in 2023 and expected to reach USD 16.07 billion in 2024, at a CAGR 14.43% to reach USD 36.24 billion by 2030.

Global Solar Lighting System Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Solar Lighting System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Solar Lighting System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Solar Lighting System Market, highlighting leading vendors and their innovative profiles. These include Azuri Technologies Ltd., Exide Industries Ltd., FlexSol Solutions B.V., Greenshine New Energy, Halonix Technologies Pvt Ltd., Jiangsu Seraphim Solar System Co., Ltd., Jiangsu Sokoyo Solar Lighting Co., Ltd., Nokero International Limited, Signify Netherlands B.V., Solar Electric Power Company, Solektra International, Su-Kam Power Systems Ltd., SunMaster Company Limited, Sunna Design SA, and Zhuhai Bomin Solar Technology Co., Ltd..

Market Segmentation & Coverage



This research report categorizes the Solar Lighting System Market to forecast the revenues and analyze trends in each of the following sub-markets:

Offering
Hardware
Services
Software
Light Source
Compact Fluorescent Lamps
Light Emitting Diode
Grid Type
Hybrid
Off-Grid
On-Grid
Application
Commercial
Highways & Roadways
Industrial
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Solar Lighting System Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Solar Lighting System Market?
3. What are the technology trends and regulatory frameworks in the Solar Lighting System Market?
4. What is the market share of the leading vendors in the Solar Lighting System Market?
5. Which modes and strategic moves are suitable for entering the Solar Lighting System Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Solar Lighting System Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing use of renewable energy for lighting in developing economies
5.1.1.2. Growing development projects of highways by including energy-efficient solar lighting systems
5.1.1.3. Favorable government initiatives for the promotion and adoption of solar lighting systems
5.1.2. Restraints
5.1.2.1. Lack of awareness about finance and payback period
5.1.3. Opportunities
5.1.3.1. Emergence of technological advancements and new product launches of solar lighting system
5.1.3.2. Increasing penetration and decreasing cost of LEDs and solar lighting systems
5.1.4. Challenges
5.1.4.1. Lack of customer ownership in utility-owned solar street lighting
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Solar Lighting System Market, by Offering
6.1. Introduction
6.2. Hardware
6.3. Services
6.4. Software
7. Solar Lighting System Market, by Light Source
7.1. Introduction
7.2. Compact Fluorescent Lamps
7.3. Light Emitting Diode
8. Solar Lighting System Market, by Grid Type
8.1. Introduction
8.2. Hybrid
8.3. Off-Grid
8.4. On-Grid
9. Solar Lighting System Market, by Application
9.1. Introduction
9.2. Commercial
9.3. Highways & Roadways
9.4. Industrial
9.5. Residential
10. Americas Solar Lighting System Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Solar Lighting System Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Solar Lighting System Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Azuri Technologies Ltd.
14.1.2. Exide Industries Ltd.
14.1.3. FlexSol Solutions B.V.
14.1.4. Greenshine New Energy
14.1.5. Halonix Technologies Pvt Ltd.
14.1.6. Jiangsu Seraphim Solar System Co., Ltd.
14.1.7. Jiangsu Sokoyo Solar Lighting Co., Ltd.
14.1.8. Nokero International Limited
14.1.9. Signify Netherlands B.V.
14.1.10. Solar Electric Power Company
14.1.11. Solektra International
14.1.12. Su-Kam Power Systems Ltd.
14.1.13. SunMaster Company Limited
14.1.14. Sunna Design SA
14.1.15. Zhuhai Bomin Solar Technology Co., Ltd.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. SOLAR LIGHTING SYSTEM MARKET RESEARCH PROCESS
FIGURE 2. SOLAR LIGHTING SYSTEM MARKET SIZE, 2023 VS 2030
FIGURE 3. SOLAR LIGHTING SYSTEM MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. SOLAR LIGHTING SYSTEM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. SOLAR LIGHTING SYSTEM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. SOLAR LIGHTING SYSTEM MARKET DYNAMICS
FIGURE 7. SOLAR LIGHTING SYSTEM MARKET SIZE, BY OFFERING, 2023 VS 2030 (%)
FIGURE 8. SOLAR LIGHTING SYSTEM MARKET SIZE, BY OFFERING, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. SOLAR LIGHTING SYSTEM MARKET SIZE, BY LIGHT SOURCE, 2023 VS 2030 (%)
FIGURE 10. SOLAR LIGHTING SYSTEM MARKET SIZE, BY LIGHT SOURCE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. SOLAR LIGHTING SYSTEM MARKET SIZE, BY GRID TYPE, 2023 VS 2030 (%)
FIGURE 12. SOLAR LIGHTING SYSTEM MARKET SIZE, BY GRID TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. SOLAR LIGHTING SYSTEM MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. SOLAR LIGHTING SYSTEM MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS SOLAR LIGHTING SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS SOLAR LIGHTING SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES SOLAR LIGHTING SYSTEM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES SOLAR LIGHTING SYSTEM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC SOLAR LIGHTING SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC SOLAR LIGHTING SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA SOLAR LIGHTING SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA SOLAR LIGHTING SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. SOLAR LIGHTING SYSTEM MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. SOLAR LIGHTING SYSTEM MARKET SHARE, BY KEY PLAYER, 2023

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