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Solar Outdoor LED Lighting Market

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    Report

  • 454 Pages
  • April 2019
  • Region: Global
  • Research Nester Pvt. Ltd
  • ID: 4769263
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The global Solar Outdoor LED Lighting Market reached USD 3,128.34 Million in 2018. Moreover, the market is expected to garner USD 9,299.06 Million by the end of 2027 by registering a CAGR of 12.9% across the globe. The global demand for Solar Outdoor LED Lighting is increasing due to significant growth in residential and commercial sector across the globe. Further, growing demand for sustainable energy generation and fossil fuel replacement are key growth drivers for global solar outdoor LED lighting market over the forecast period.

North America is slated to account for a share of 27.8% by 2027 in the Solar Outdoor LED Lighting market. The growth in the region can be attributed to growing expenditure on initiatives to reduce carbon foot printing. Significant reduction in energy costs is also expected to impel the growth of Solar Outdoor LED Lighting market in the North America. U.S. is the prominent market driving the growth in the region. Additionally, U.S. Solar Outdoor LED Lighting market reached USD 781.11 Million in 2018 and is expected to reach USD Million by the end of 2027, expanding at a CAGR of 12.6% over the forecast period i.e. 2019-2027. U.S. Solar Outdoor LED Lighting market is expected to achieve Y-o-Y growth rate of 12.9% in 2027 as compared to previous year.

The global Solar Outdoor LED Lighting market is segmented on the basis of installation type into retrofit & new installations. Among these segments, New Installations segment (26.3% share in 2018) occupying the largest market of Solar Outdoor LED Lighting across the globe. Further, retrofit segment is anticipated to reach USD 6,822.4 Million by the end of 2027 from USD 2,305.9 Million in 2018. Moreover, this segment is anticipated to flourish at a CAGR of 12.8% over the forecast period. In addition retrofit segment of solar outdoor LED lightings is expected to achieve Y-o-Y growth rate of 13.1% in 2027 as compared to previous year.

The global Solar Outdoor LED Lighting market is segmented on the basis of product into Solar LED Street Lights, Solar LED Flood Lights, Solar LED Garden Lights, Solar LED Spotlights, Solar LED Area Lights and Others. Among these segments, Solar LED Street Lights segment (56.6% share in 2018) occupied the largest market of Solar Outdoor LED Lighting on the basis of product across the globe. Further, global Solar LED Flood Lights segment is anticipated to reach USD 2,384.4 Million by the end of 2027 from USD 797.2 Million in 2018. Moreover, this segment is anticipated to flourish at a CAGR of 13.0% over the forecast period. In addition Solar LED Street Lights segment of Solar Outdoor LED Lighting under product is expected to achieve Y-o-Y growth rate of 13.3% in 2027 as compared to previous year.

Some of the leading manufacturers in this market are Signify Holdings, Osram Licht AG, with Hubbell and Carmanah, among others.

Table of Contents

1. Introduction
1.1. Market Definition
1.2. Market Segmentation
1.3. Product Overview
2. Assumptions and Acronyms
3. Research Methodology
3.1. Variables (Dependent and Independent)
3.2. MULTI FACTOR BASED SENSITIVITY MODEL
4. Executive Summary-Global Solar Outdoor LED Lighting Market5. Average Pricing Analysis6. Demand and Prevalence of CVD Coated Glass Compared to the Conventional Ones (For Manufacturing of Solar LED Garden Lights)
7. Correlation and Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Policy and Regulatory Landscape
9. Industry Analysis
9.1. Porter’s Five Forces Model
10. Market Dynamics
10.1. Drivers
10.2. Restraints
10.3. Trends
10.4. Opportunities
11. Solar Outdoor LED Lighting-Risk Analysis
11.1. Demand Risk Analysis
11.2. Supply Risk Analysis
12. Global Solar Outdoor LED Lighting Market Outlook
12.1. Market Size and Forecast, 2018-2027F
12.1.1. By Value (USD Million)
12.1.1.1. Y-o-Y Growth (%), 2019-2027F
12.1.2. By Volume (Million Units)
12.1.2.1. Y-o-Y Growth (%), 2019-2027
12.2. Solar Outdoor LED Lighting Market Segmentation, 2018-2027F
12.2.1. By Region
12.2.1.1. Solar Outdoor LED Lighting Market Share (%), By Value, By Region (2018-2027F)
12.2.1.1.1. North America ( U.S. and Canada)
12.2.1.1.2. Latin America (Brazil, Mexico, Rest of Latin America)
12.2.1.1.3. Europe (Germany, UK, France, Italy, Spain, Russia, Rest of Europe)
12.2.1.1.4. Asia-Pacific (China, India, Japan, South Korea, Malaysia, Australia, Rest of Asia Pacific)
12.2.1.1.5. Middle East and Africa (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
12.2.1.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By Region (2018-2027F)
12.2.1.2.1. North America ( U.S. and Canada)
12.2.1.2.2. Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
12.2.1.2.3. Europe (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
12.2.1.2.4. Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
12.2.1.2.5. Middle East and Africa (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
12.2.2. By End Use
12.2.2.1. Solar Outdoor LED Lighting Market Share (%), By Value, By End Use (2018-2027F)
12.2.2.1.1. Residential, Institutional, Industrial, Commercial 2018-2027F (USD Million) Y-o-Y Growth (%), 2019-2027
12.2.2.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By End Use (2018-2027F)
12.2.2.2.1. Residential, Institutional, Industrial, Commercial 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
12.2.2.3. Market Attractiveness Analysis, By End Use
12.2.2.4. Market Contribution and BPS Analysis, 2018-2027F, By End Use
12.2.3. By Installation Type
12.2.3.1. Solar Outdoor LED Lighting Market Share (%), By Value, By Installation Type (2018-2027F)
12.2.3.1.1. Retrofit, New Installations 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
12.2.3.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By Installation Type (2018-2027F)
12.2.3.2.1. Retrofit, New Installations, 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
12.2.3.3. Market Attractiveness Analysis, By Installation Type
12.2.3.4. Market Contribution and BPS Analysis, 2018-2027F, By Installation Type
12.2.4. By Product
12.2.4.1. Solar Outdoor LED Lighting Market Share (%), By Value, By Product (2018-2027F)
12.2.4.1.1. Solar LED Street Lights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
12.2.4.1.2. Solar LED Flood Lights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
12.2.4.1.3. Solar LED Garden Lights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
12.2.4.1.4. Solar LED Spotlights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
12.2.4.1.5. Solar LED Area Lights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
12.2.4.1.6. Others, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
12.2.4.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By Product (2018-2027F)
12.2.4.2.1. Solar LED Street Lights, Standalone & Grid 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
12.2.4.2.2. Solar LED Flood Lights, Standalone & Grid 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
12.2.4.2.3. Solar LED Garden Lights, Standalone & Grid 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
12.2.4.2.4. Solar LED Spotlights, Standalone & Grid 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
12.2.4.2.5. Solar LED Area Lights, Standalone & Grid 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
12.2.4.2.6. Others, Standalone & Grid 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
12.2.4.3. Market Attractiveness Analysis, By Product
12.2.4.4. Market Contribution and BPS Analysis, 2018-2027F, By Product
12.2.5. By Mode
12.2.5.1. Solar Outdoor LED Lighting Market Share (%), By Value, By Mode (2018-2027F)
12.2.5.1.1. Standalone & Grid, 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
12.2.5.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By Mode (2018-2027F)
12.2.5.2.1. Standalone & Grid, 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
12.2.5.3. Market Attractiveness Analysis, By Product
12.2.5.4. Market Contribution and BPS Analysis, 2018-2027F, By Product
12.2.6. By Wattage
12.2.6.1. Solar Outdoor LED Lighting Market Share (%), By Value, By Wattage (2018-2027F)
12.2.6.1.1. Less than 39 W, 40-59 W, 60-99 W 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
12.2.6.1.2. 100-149 W & More than 150 W 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
12.2.6.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By Wattage (2018-2027F)
12.2.6.2.1. Less than 39 W, 40-59 W, 60-99 W 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
12.2.6.2.2. 100-149 W & More than 150 W 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
12.2.6.3. Market Attractiveness Analysis, By Wattage
12.2.6.4. Market Contribution and BPS Analysis, 2018-2027F, By Wattage
13. North America Solar Outdoor LED Lighting Market Outlook
13.1. Macro-Economic Indicators impacting the North America Solar Outdoor LED Lighting Market
13.2. Market Size and Forecast, 2018-2027F
13.2.1. By Value (USD Million)
13.2.1.1. Y-o-Y Growth (%), 2019-2027F
13.2.2. By Volume (Million Units)
13.2.2.1. Y-o-Y Growth (%), 2019-2027
13.3. Market Share and Forecast, 2018-2027
13.3.1. By End Use
13.3.1.1. Solar Outdoor LED Lighting Market Share (%), By Value, By End Use (2018-2027F)
13.3.1.1.1. Residential, Institutional, Industrial, Commercial 2018-2027F (USD Million) Y-o-Y Growth (%), 2019-2027
13.3.1.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By End Use (2018-2027F)
13.3.1.2.1. Residential, Institutional, Industrial, Commercial 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
13.3.1.3. Market Attractiveness Analysis, By End Use
13.3.1.4. Market Contribution and BPS Analysis, 2018-2027F, By End Use
13.3.2. By Installation Type
13.3.2.1. Solar Outdoor LED Lighting Market Share (%), By Value, By Installation Type (2018-2027F)
13.3.2.1.1. Retrofit, New Installations 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
13.3.2.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By Installation Type (2018-2027F)
13.3.2.2.1. Retrofit, New Installations, 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
13.3.2.3. Market Attractiveness Analysis, By Installation Type
13.3.2.4. Market Contribution and BPS Analysis, 2018-2027F, By Installation Type
13.3.3. By Product
13.3.3.1. Solar Outdoor LED Lighting Market Share (%), By Value, By Product (2018-2027F)
13.3.3.1.1. Solar LED Street Lights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
13.3.3.1.2. Solar LED Flood Lights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
13.3.3.1.3. Solar LED Garden Lights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
13.3.3.1.4. Solar LED Spotlights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
13.3.3.1.5. Solar LED Area Lights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
13.3.3.1.6. Others, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
13.3.3.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By Product (2018-2027F)
13.3.3.2.1. Solar LED Street Lights, Standalone & Grid 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
13.3.3.2.2. Solar LED Flood Lights, Standalone & Grid 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
13.3.3.2.3. Solar LED Garden Lights, Standalone & Grid 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
13.3.3.2.4. Solar LED Spotlights, Standalone & Grid 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
13.3.3.2.5. Solar LED Area Lights, Standalone & Grid 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
13.3.3.2.6. Others, Standalone & Grid 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
13.3.3.3. Market Attractiveness Analysis, By Product
13.3.3.4. Market Contribution and BPS Analysis, 2018-2027F, By Product
13.3.4. By Mode
13.3.4.1. Solar Outdoor LED Lighting Market Share (%), By Value, By Mode (2018-2027F)
13.3.4.1.1. Standalone & Grid, 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
13.3.4.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By Mode (2018-2027F)
13.3.4.2.1. Standalone & Grid, 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
13.3.4.3. Market Attractiveness Analysis, By Product
13.3.4.4. Market Contribution and BPS Analysis, 2018-2027F, By Product
13.3.5. By Wattage
13.3.5.1. Solar Outdoor LED Lighting Market Share (%), By Value, By Wattage (2018-2027F)
13.3.5.1.1. Less than 39 W, 40-59 W, 60-99 W 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
13.3.5.1.2. 100-149 W & More than 150 W 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
13.3.5.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By Wattage (2018-2027F)
13.3.5.2.1. Less than 39 W, 40-59 W, 60-99 W 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
13.3.5.2.2. 100-149 W & More than 150 W 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
13.3.5.3. Market Attractiveness Analysis, By Wattage
13.3.5.4. Market Contribution and BPS Analysis, 2018-2027F, By Wattage
13.3.6. By Country
13.3.6.1. Solar Outdoor LED Lighting Market Share (%), By Value, By Country (2018,2027F)
13.3.6.1.1. United States & Canada, 2018-2027F (USD Million) & Y-o-Y Growth (%), 2018-2027
13.3.6.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By Country (2018,2027F)
13.3.6.2.1. United States & Canada, 2018-2027F (Million Units) & Y-o-Y Growth (%), 2018-2027
14. Europe Solar Outdoor LED Lighting Market Outlook
14.1. Macro-Economic Indicators impacting the Europe Solar Outdoor LED Lighting Market
14.2. Market Size and Forecast, 2018-2027F
14.2.1. By Value (USD Million)
14.2.1.1. Y-o-Y Growth (%), 2019-2027F
14.2.2. By Volume (Million Units)
14.2.2.1. Y-o-Y Growth (%), 2019-2027
14.3. Market Share and Forecast, 2018-2027
14.3.1. By End Use
14.3.1.1. Solar Outdoor LED Lighting Market Share (%), By Value, By End Use (2018-2027F)
14.3.1.1.1. Residential, Institutional, Industrial, Commercial 2018-2027F (USD Million) Y-o-Y Growth (%), 2019-2027
14.3.1.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By End Use (2018-2027F)
14.3.1.2.1. Residential, Institutional, Industrial, Commercial 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
14.3.1.3. Market Attractiveness Analysis, By End Use
14.3.1.4. Market Contribution and BPS Analysis, 2018-2027F, By End Use
14.3.2. By Installation Type
14.3.2.1. Solar Outdoor LED Lighting Market Share (%), By Value, By Installation Type (2018-2027F)
14.3.2.1.1. Retrofit, New Installations 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
14.3.2.2. Solar Outdoor LED Lighting Market Share (%), By Volume, By Installation Type (2018-2027F)
14.3.2.2.1. Retrofit, New Installations, 2018-2027F (Million Units) & Y-o-Y Growth (%), 2019-2027
14.3.2.3. Market Attractiveness Analysis, By Installation Type
14.3.2.4. Market Contribution and BPS Analysis, 2018-2027F, By Installation Type
14.3.3. By Product
14.3.3.1. Solar Outdoor LED Lighting Market Share (%), By Value, By Product (2018-2027F)
14.3.3.1.1. Solar LED Street Lights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
14.3.3.1.2. Solar LED Flood Lights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
14.3.3.1.3. Solar LED Garden Lights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027
14.3.3.1.4. Solar LED Spotlights, Standalone & Grid 2018-2027F (USD Million) & Y-o-Y Growth (%), 2019-2027

Companies Mentioned

  • Solar Electric Power Company
  • Solar Lighting International Inc.
  • Signify Holding
  • Hollandia Power
  • Hubbell
  • Carmanah
  • Shenzhen Spark
  • EXIDE Industries
  • Leadsun
  • Osram Licht AG

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