Dublin, May 06, 2024 (GLOBE NEWSWIRE) -- The "Solar Street Lighting - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Solar Street Lighting estimated at US$7.2 Billion in the year 2023, is projected to reach a revised size of US$22.7 Billion by 2030, growing at a CAGR of 15.5% over the analysis period 2023-2030.
LED-based Lighting, one of the segments analyzed in the report, is projected to record 19.3% CAGR and reach US$19 Billion by the end of the analysis period. Growth in the CFL-based Lighting segment is estimated at 4.8% CAGR for the next 8-year period.
The Solar Street Lighting market in the U.S. is estimated at US$1 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$6.1 Billion by the year 2030 trailing a CAGR of 18.5% over the analysis period 2023 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.9% and 14.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 13.8% CAGR.
The report covers 65+ key industry players. Select competitors include:
- Havells India Ltd.
- Bajaj Electricals Ltd.
- Bridgelux, Inc.
- Halonix Technologies Ltd.
- Orion Solar Pty Ltd.
- Clear Blue Technologies Inc.
- Kingsun Optoelectronic Co., Ltd.
- Dragons Breath Solar
- SEPCO Solar Electric Power Company
- COVIMED Group
- Omega Solar
- Nu Lighting Pty Ltd.
- Abacus Lighting Holdings Limited
- LIGMAN Lighting Co., Ltd.
- Koh Brothers Group Limited
Key Report Features
- Full access to influencer engagement stats
- Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
- Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
- Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
- Complimentary report updates for one year
- Competitor coverage with global market shares of major players
- Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
- Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Solar Street Lighting - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- A Prelude to Solar Street Lighting Market
2. FOCUS ON SELECT PLAYERS
- Recent Market Activity
3. MARKET TRENDS & DRIVERS
- Sustained Rise in Global Electricity Demand Creates Conducive Scenario for Wider Uptake of Solar Street Lighting
- Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
- Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
- Global Energy Consumption (Billion toe) by Country/Region (1995, 2017 and 2040): Breakdown for USA, China, India, Russia, Brazil, EU, Middle East and Rest of World
- Solar Street Lighting Market Stands to Gain from Growing Focus on Renewable Energy Sources amidst Rising Concerns over Fossil Fuel Usage
- Targets for Electricity Production from Renewable Energy Sources in Select Countries
- Leading Countries with Renewable Energy as % of total Energy
- Global CO2 Emissions (2015. 2020, 2040 & 2050): Percentage Breakdown of Volume Emissions by Fuel Type
- Solar Energy Emerges as a Reliable Renewable
- Government Participation in Boosting Solar Energy Uptake Elevates Momentum in Solar Street Lighting Market
- Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries
- Future Prospects Remain Favorable Amid Growing Population & Urbanization Drive
- World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
- Continued Rise in Vehicular Traffic to Drive the Demand for Smart Street Lighting
- Increasing Number of Smart Cities to Drive the Growth of Solar Street Lighting
- Global Market for Smart City Technologies in US$ Million for the Years 2019 and 2025
- Appealing Benefits & Influx of New Solutions Enable Smart Solar Street Lighting to Post Impressive Gains
- Technological Advancements Crucial to Sustain Market Growth
- Technological Advancements in Solar LED Street Lights
- IoT Adoption Encourages the Spread of Smart Solar Street Light
4. GLOBAL MARKET PERSPECTIVE
- World Recent Past, Current & Future Analysis for LED by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for LED by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for LED by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
- World Recent Past, Current & Future Analysis for CFL by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for CFL by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for CFL by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
- World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
- World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
- World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
- World Solar Street Lighting Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
- World Recent Past, Current & Future Analysis for Solar Street Lighting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for Solar Street Lighting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for Solar Street Lighting by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
For more information about this report visit https://www.researchandmarkets.com/r/53ap9w
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