Europe Outdoor Solar LED Market Size, Share & Industry Trends Analysis Report By Application (Street Lights, Garden Lights, Floodlights, Area Lights, and Spot Lights), By End Use, By Wattage, By Country and Growth Forecast, 2022 - 2028

Europe Outdoor Solar LED Market Size, Share & Industry Trends Analysis Report By Application (Street Lights, Garden Lights, Floodlights, Area Lights, and Spot Lights), By End Use, By Wattage, By Country and Growth Forecast, 2022 - 2028

The Europe Outdoor Solar LED Market would witness market growth of 22.7% CAGR during the forecast period (2022-2028).

Solar power is the most common source of renewable energy, therefore solar lighting is an excellent option to become green. It does not need any grid power and is entirely self-sustaining. The LED lighting is powered by a solar-powered battery that charges during the day and then draws electricity from the power source at night to illuminate the required region. This is a daily process that occurs without the use of any additional form of energy.

The ability of solar power to cut energy expenses to zero is its most compelling feature. Commercial solar energy installations are also eligible for large financial incentives to switch to solar energy. Solar lighting is an excellent choice if care about the environment and want to lower carbon impact. It performs just as well as traditional power while saving money on energy bills and offering a steady stream of LED lighting. There is a wide choice of solar lights to fulfill needs, whether have a large backyard or a vast region that needs illumination.

Solar PV is one of eight main renewable technologies that can contribute to a clean and balanced energy mix in the UK. It has several advantages: it is flexible and highly scalable, with deployment possible in a variety of locations including residential and commercial buildings, as well as on the ground where appropriate; solar installations can be developed and installed quickly; as well as the fuel solar radiation is free.

In recent years, the UK has experienced a considerable increase in solar PV deployment, as well as significant cost reductions, with installation costs projected to have decreased by roughly 50% between 2010 and 2012. The pace of sector growth and the capacity of solar PV's Levelized cost to become competitive with other low-carbon power sources would be determined by the ability to achieve additional reductions in installation costs.

The UK now has 2.4GW of installed capacity, which generated 1.4TWh from July 2012 to June 2013. The Government is committed to significantly increasing renewable energy deployment across the UK and acknowledges the potential role and contribution of solar PV in meeting the UK's target of 15% renewable energy from the final consumer by 2020, as well as in supporting the longer-term decarbonization of our economy.

The Germany market dominated the Europe Outdoor Solar LED Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,118.8 million by 2028. The UK market is experiencing a CAGR of 21.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 23.6% during (2022 - 2028).

Based on Application, the market is segmented into Street Lights, Garden Lights, Floodlights, Area Lights, and Spot Lights. Based on End Use, the market is segmented into Commercial, Residential, and Industrial. Based on Wattage, the market is segmented into 40W to 149W, Less than 39W, and More than 150W. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Greenshine New Energy LLC, Jiawei Renewable Energy Co. Ltd., Leadsun, SBM NewTech Co., Ltd., Solar Electric Power Company, Signify N.V., Jiangsu Sokoyo Solar Lighting Co., Ltd., Solar Street Lights USA, and Sunna Design SA.

Scope of the Study

Market Segments covered in the Report:

By Application

  • Street Lights
  • Garden Lights
  • Floodlights
  • Area Lights
  • Spot Lights
By End Use
  • Commercial
  • Residential
  • Industrial
By Wattage
  • 40W to 149W
  • Less than 39W
  • More than 150W
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • Greenshine New Energy LLC
  • Jiawei Renewable Energy Co. Ltd.
  • Leadsun
  • SBM NewTech Co., Ltd
  • Solar Electric Power Company
  • Signify N.V.
  • Jiangsu Sokoyo Solar Lighting Co., Ltd
  • Solar Street Lights USA
  • Sunna Design SA
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Outdoor Solar LED Market, by Application
1.4.2 Europe Outdoor Solar LED Market, by End Use
1.4.3 Europe Outdoor Solar LED Market, by Wattage
1.4.4 Europe Outdoor Solar LED Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Outdoor Solar LED Market by Application
3.1 Europe Street Lights Market by Country
3.2 Europe Garden Lights Market by Country
3.3 Europe Floodlights Market by Country
3.4 Europe Area Lights Market by Country
3.5 Europe Spot Lights Market by Country
Chapter 4. Europe Outdoor Solar LED Market by End-use
4.1 Europe Commercial Market by Country
4.2 Europe Residential Market by Country
4.3 Europe Industrial Market by Country
Chapter 5. Europe Outdoor Solar LED Market by Wattage
5.1 Europe 40W to 149W Market by Country
5.2 Europe Less than 39W Market by Country
5.3 Europe More than 150W Market by Country
Chapter 6. Europe Outdoor Solar LED Market by Country
6.1 Germany Outdoor Solar LED Market
6.1.1 Germany Outdoor Solar LED Market by Application
6.1.2 Germany Outdoor Solar LED Market by End-use
6.1.3 Germany Outdoor Solar LED Market by Wattage
6.2 UK Outdoor Solar LED Market
6.2.1 UK Outdoor Solar LED Market by Application
6.2.2 UK Outdoor Solar LED Market by End-use
6.2.3 UK Outdoor Solar LED Market by Wattage
6.3 France Outdoor Solar LED Market
6.3.1 France Outdoor Solar LED Market by Application
6.3.2 France Outdoor Solar LED Market by End-use
6.3.3 France Outdoor Solar LED Market by Wattage
6.4 Russia Outdoor Solar LED Market
6.4.1 Russia Outdoor Solar LED Market by Application
6.4.2 Russia Outdoor Solar LED Market by End-use
6.4.3 Russia Outdoor Solar LED Market by Wattage
6.5 Spain Outdoor Solar LED Market
6.5.1 Spain Outdoor Solar LED Market by Application
6.5.2 Spain Outdoor Solar LED Market by End-use
6.5.3 Spain Outdoor Solar LED Market by Wattage
6.6 Italy Outdoor Solar LED Market
6.6.1 Italy Outdoor Solar LED Market by Application
6.6.2 Italy Outdoor Solar LED Market by End-use
6.6.3 Italy Outdoor Solar LED Market by Wattage
6.7 Rest of Europe Outdoor Solar LED Market
6.7.1 Rest of Europe Outdoor Solar LED Market by Application
6.7.2 Rest of Europe Outdoor Solar LED Market by End-use
6.7.3 Rest of Europe Outdoor Solar LED Market by Wattage
Chapter 7. Company Profiles
7.1 Signify N.V.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.2 Sunna Design SA
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Acquisition and Mergers:
7.3 Solar Street Lights USA
7.3.1 Company Overview
7.4 Jiangsu Sokoyo Solar Lighting Co., Ltd
7.4.1 Company Overview
7.5 Solar Electric Power Company
7.5.1 Company Overview
7.6 Leadsun
7.6.1 Company Overview
7.7 Jiawei Renewable Energy Co. Ltd.
7.7.1 Company Overview
7.8 Greenshine New Energy LLC
7.8.1 Company Overview
7.9 SBM NewTech Co., Ltd
7.9.1 Company Overview

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