Global Solar Street Lighting Market 2020-2024

Global Solar Street Lighting Market 2020-2024

The publisher has been monitoring the solar street lighting market and it is poised to grow by $ 3.77 bn during 2020-2024 progressing at a CAGR of 11% during the forecast period. The reports on solar street lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the decreasing cost of solar PV systems and an increase in electrification rates. In addition, decreasing cost of solar PV systems is anticipated to boost the growth of the market as well.

The solar street lighting market analysis includes the product segment and geographical landscapes.

The solar street lighting market is segmented as below:

By Product

• CFL
• LED

By Geographical Landscapes

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the increase in adoption of energy-efficient lighting technologies as one of the prime reasons driving the solar street lighting market growth during the next few years.

The solar street lighting market covers the following areas:

• Solar street lighting market sizing
• Solar street lighting market forecast
• Solar street lighting market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solar street lighting market vendors that include Anhui Longvolt Energy Co., Ltd., BISOL Group, d.o.o. , Bridgelux Inc., Carmanah Technologies Corp., DragonsBreathSolar Ltd., EnGoPlanet Energy Solutions Inc., Exide Industries Ltd., Havells India Ltd., Signify NV, and Urja Global Ltd.. Also, the solar street lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.