Market Highlights of Solar Street Lighting Market:-
Global Solar Street Lighting Market will witness steady growth with CAGR of around 21.02% during forecast period 2018-2023.
Increasing demand for clean and renewable energy, easy setup and low cost of maintenance during its operation fuel the growth of the Solar Street Lighting Market. Growing awareness about environment leads to consumers relying on solar energy for reducing the environmental pollution. The government regulations enhance the use of solar panels as energy source in rural and suburban areas for lighting the street lights, but the battery used to store the power gets affected due to overcharge and discharges.
Global
Solar Street Lighting Market – Competitive Analysis
The market of solar street lighting appears to be highly competitive owing to the presence of numerous well-established players having international and global presence. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for the leading players.
Key suppliers are trying to market solar powered LED lighting products to 3rd World countries such as Burma, Cuba, Libya, and others along with some promising markets such as India and the Middle East.
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Key Players:
Some of the prominent players profiled in MRFR analysis and are at forefront of the competition in the Global Solar Street Lighting Market.
- Solar Street Lights USA (US)
- VerySol Inc. (US)
- Dragons Breath Solar (UK)
- Solektra International LLC (US)
- Urja Global Ltd. (India)
- Bridgelux Inc. (US)
- Sunna Design (France)
- SOKOYO Solar Group (China)
- Sol Inc.(US)
- Omega Solar (India)
- Philips Lighting Holding B.V.( the Netherlands)
Solar Street Lighting Market – Segments
For the better understanding of this report the Global Solar Street Lighting Market has been segmented into four key dynamics.
By Types
- Comprises Standalone
- On Grid
By Product Types
- Compact Fluorescent Lamps (CFL)
- Light Emitting Diode (LED)
- Others
By Applications
- Residential
- Commercial
- Industrial
By Regions
- North America
- Europe
- APAC
- Rest-of-the-World (RoW)
Industry Updates:
March 2018 Philips Lighting has launched a new generation of solar-powered street lighting systems and products. Innovations comprise of an all-in-one solar street light, Philips SunStay, which unites solar panel, light, and battery in one housing, and Philips LifeLight which is a solar lantern which comes with a disposable battery. The company’s two recent large-scale solar-powered street lighting installations in India, and the end of 700 sets of linked solar street lights with remote monitoring and data competences in Thailand.
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Solar Street Lighting Market – Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.3 Research Process
2.4 Market size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining power of buyers
3.1.3 Bargaining power of Suppliers
3.1.4 Threat of substitutes
3.1.5 Segment rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Solar Street Lighting Market By Type
6 Global Solar Street Lighting Market, By Product Type
7 Global Solar Street Lighting Market, By Application
8 Global Solar Street Lighting Market, By Region
9 Competitive Landscape
To be Continue….,
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