Solar Street Lighting Market by Lighting Source (Compact Fluorescent Lamps, Light Emitting Diode), Type (Grid Connected, Standalone), Application - Global Forecast 2023-2030

Solar Street Lighting Market by Lighting Source (Compact Fluorescent Lamps, Light Emitting Diode), Type (Grid Connected, Standalone), Application - Global Forecast 2023-2030


The Solar Street Lighting Market size was estimated at USD 7.01 billion in 2022 and expected to reach USD 8.05 billion in 2023, at a CAGR 15.83% to reach USD 22.73 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Solar Street Lighting Market.
  • Based on Lighting Source, market is studied across Compact Fluorescent Lamps and Light Emitting Diode. The Compact Fluorescent Lamps is projected to witness significant market share during forecast period.
  • Based on Type, market is studied across Grid Connected and Standalone. The Grid Connected is projected to witness significant market share during forecast period.
  • Based on Application, market is studied across Commercial, Industrial, and Residential. The Residential is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Solar Street Lighting Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Solar Street Lighting Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Solar Street Lighting Market, highlighting leading vendors and their innovative profiles. These include Anhui Longvolt Energy Co. Ltd., BISOL Group d.o.o., BM Sunpower Technologies, Bridgelux Inc., Covimed Solar Group, Dragons Breath Solar, Fevino Industries, G Solar, Hi-Power Electronics, Ignite Electronics, Jai Sunlight Systems, Jiangsu Sokoyo Solar Lighting Co. Ltd., Koninklijke Philips N.V., Nessa.in, Omega Solar, Orion Energy Systems Inc., SOKOYO Solar Group, Solar Lighting International Inc., Solar Street Lights USA, Solektra, Solmitra Power & Steel Pvt Ltd, Sunna Design Inc., Sunna Design SA, Tata Power Solar Systems Limited, Urja Global Ltd, and Zhuhai Bomin Solar Technology Co. Ltd..

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: 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 for the Solar Street Lighting Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Solar Street Lighting Market?
  3. What is the competitive strategic window for identifying opportunities in the Solar Street Lighting Market?
  4. What are the latest technology trends and regulatory frameworks in the Solar Street Lighting Market?
  5. What is the market share of the leading vendors in the Solar Street Lighting Market?
  6. Which modes and strategic moves are suitable for entering the Solar Street Lighting 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 Street Lighting Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Government support and initiatives for solar street lighting
5.1.1.2. Preference for energy-efficient and low carbon-footprint outdoor lighting
5.1.1.3. Replacement activities of street lights across motorways, roads, and other public spaces
5.1.2. Restraints
5.1.2.1. High initial investment required when compared to traditional lights
5.1.3. Opportunities
5.1.3.1. Advancements in design & technologies of solar street lighting
5.1.3.2. Proliferating deployment of solar lighting in smart cities
5.1.4. Challenges
5.1.4.1. Concerns associated with extreme weather and non-availability of direct sunlight
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Solar Street Lighting Market, by Lighting Source
6.1. Introduction
6.2. Compact Fluorescent Lamps
6.3. Light Emitting Diode
7. Solar Street Lighting Market, by Type
7.1. Introduction
7.2. Grid Connected
7.3. Standalone
8. Solar Street Lighting Market, by Application
8.1. Introduction
8.2. Commercial
8.3. Industrial
8.4. Residential
9. Americas Solar Street Lighting Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Solar Street Lighting Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Solar Street Lighting Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Anhui Longvolt Energy Co. Ltd.
13.1.2. BISOL Group d.o.o.
13.1.3. BM Sunpower Technologies
13.1.4. Bridgelux Inc.
13.1.5. Covimed Solar Group
13.1.6. Dragons Breath Solar
13.1.7. Fevino Industries
13.1.8. G Solar
13.1.9. Hi-Power Electronics
13.1.10. Ignite Electronics
13.1.11. Jai Sunlight Systems
13.1.12. Jiangsu Sokoyo Solar Lighting Co. Ltd.
13.1.13. Koninklijke Philips N.V.
13.1.14. Nessa.in
13.1.15. Omega Solar
13.1.16. Orion Energy Systems Inc.
13.1.17. SOKOYO Solar Group
13.1.18. Solar Lighting International Inc.
13.1.19. Solar Street Lights USA
13.1.20. Solektra
13.1.21. Solmitra Power & Steel Pvt Ltd
13.1.22. Sunna Design Inc.
13.1.23. Sunna Design SA
13.1.24. Tata Power Solar Systems Limited
13.1.25. Urja Global Ltd
13.1.26. Zhuhai Bomin Solar Technology Co. Ltd.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing

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