Global Hybrid Street Lighting Systems Market to Reach $1.8 Billion by 2030
The global market for Hybrid Street Lighting Systems estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$1.8 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Light Emitting Diode (LED), one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$1.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Compact Fluorescent Lamp (CFL) segment is readjusted to a revised 4.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $303 Million, While China is Forecast to Grow at 8.9% CAGR
The Hybrid Street Lighting Systems market in the U.S. is estimated at US$303 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$413 Million by the year 2030 trailing a CAGR of 8.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.Select Competitors (Total 29 Featured) -
- Airsynergy Ltd.
- Bridgelux, Inc
- Clear Blue Technologies Inc.
- COVIMED Group
- Deepa Solar Systems Pvt. Ltd.
- Dongguan Link Light Solar Energy Science & Tech.Co., Ltd.
- Dragons Breath Solar
- Eco-Smart, Inc.
- Elecssol
- Fosera GmbH & Co.KgaA
- Guangzhou HY Energy Technology Limited Corp.
- Hi-VAWT Technology Corp.
- Jinhua SunMaster Solar Lighting Co., Ltd.
- KCP Solar Industries
- LZ New Zealand
- Omega Solar Fencing System
- Philips Lighting NV
- Phono Solar Technology Co., Ltd.
- R-Man High Tech Solar Private Limited
- SEPCO Solar Electric Power Company
- Shanghai Ghrepower Green Energy Co., Ltd.
- Shenzhen Spark Co., Ltd.
- Solar Street Lights USA
- Solektra International
- Su-Kam Power Systems Ltd.
- Suneco Green Energy Ltd.
- Sunna Design
- Suveg Electronics
- Tata Power Solar Systems Limited
- UGE International Ltd.
- Urja Global Ltd.
- V-Air Wind Technologies
- Verysol Energy Nigeria Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airsynergy Ltd.
- Bridgelux, Inc
- Clear Blue Technologies Inc.
- COVIMED Group
- Deepa Solar Systems Pvt. Ltd.
- Dongguan Link Light Solar Energy Science & Tech.Co., Ltd.
- Dragons Breath Solar
- Eco-Smart, Inc.
- Elecssol
- Fosera GmbH & Co.KgaA
- Guangzhou HY Energy Technology Limited Corp.
- Hi-VAWT Technology Corp.
- Jinhua SunMaster Solar Lighting Co., Ltd.
- KCP Solar Industries
- LZ New Zealand
- Omega Solar Fencing System
- Philips Lighting NV
- Phono Solar Technology Co., Ltd.
- R-Man High Tech Solar Private Limited
- SEPCO Solar Electric Power Company
- Shanghai Ghrepower Green Energy Co., Ltd.
- Shenzhen Spark Co., Ltd.
- Solar Street Lights USA
- Solektra International
- Su-Kam Power Systems Ltd.
- Suneco Green Energy Ltd.
- Sunna Design
- Suveg Electronics
- Tata Power Solar Systems Limited
- UGE International Ltd.
- Urja Global Ltd.
- V-Air Wind Technologies
- Verysol Energy Nigeria Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 217 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1.1 Billion |
Forecasted Market Value ( USD | $ 1.8 Billion |
Compound Annual Growth Rate | 6.3% |
Regions Covered | Global |