The solar lighting system market size has grown rapidly in recent years. It will grow from $9.26 billion in 2025 to $10.58 billion in 2026 at a compound annual growth rate (CAGR) of 14.3%. The growth in the historic period can be attributed to government rural electrification initiatives, rising electricity costs, early adoption of renewable energy solutions, increasing outdoor lighting requirements, declining solar panel costs.
The solar lighting system market size is expected to see rapid growth in the next few years. It will grow to $17.18 billion in 2030 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to smart city development projects, advancements in solar panel efficiency, growing focus on carbon neutrality, expansion of IoT-enabled lighting controls, increasing investments in renewable infrastructure. Major trends in the forecast period include increasing adoption of solar street lighting in urban infrastructure, rising deployment of off-grid solar lighting in rural areas, growing integration of LED technology in solar lighting systems, expansion of smart and connected solar lighting solutions, increasing demand for cost-effective and low-maintenance lighting.
The growth of the solar lighting system market is set to be driven by the increasing adoption of renewable energy sources. These sources, such as solar, wind, and hydroelectric power, are naturally replenishable and can be continuously utilized without depletion. This shift is motivated by sustainability goals, rising public awareness, grid stability improvements, advancements in storage technologies, and supportive regulations. Solar lighting systems play a crucial role in this transition by directly converting solar energy into electricity for lighting, thereby reducing dependence on non-renewable energy sources. For example, in December 2024, Eurostat, a Luxembourg-based government agency, reported that renewable energy accounted for 24.5% of total energy consumption in the EU in 2023, an increase from 23% in 2022. Therefore, the growing adoption of renewable energy sources is fueling the expansion of the solar lighting system market.
Innovative solutions focused on minimizing environmental impact and enhancing sustainability are a priority for leading companies in the solar lighting system market. Eco-friendly lighting solutions, designed to minimize environmental harm throughout their lifecycle, are a key area of development. For instance, AGC Lighting introduced the ST57 solar LED street light in May 2023. This product integrates advanced solar technology with high-efficiency LED bulbs to provide sustainable illumination for urban and suburban areas. The ST57 is engineered for durability and energy efficiency, featuring a robust, weather-resistant design that ensures longevity in challenging outdoor conditions. Its intelligent lighting controls optimize energy usage, making it a cost-effective choice for municipalities and businesses seeking to reduce their carbon footprint.
In June 2024, Schréder, a Belgium-based outdoor lighting specialist, acquired Ligman Lighting USA Inc., a US-based manufacturer of outdoor and architectural solar lighting solutions. This strategic acquisition aims to enhance Schréder's product portfolio and expand its market presence, particularly in the urban decorative lighting sector.
Major companies operating in the solar lighting system market are Schneider Electric SE, Honeywell International Inc., Eaton Corporation plc, Philips Lighting Holding BV, Signify Holding BV, Havells India Limited, Exide Industries Limited, Cooper Lighting LLC, Jain Irrigation Systems Ltd., Halonix Technologies Pvt. Ltd., d.light Design Inc., Fonroche Lighting SAS, Azuri Technologies Ltd., Jakson Group, MicroEnergy Credits Corporation, Oorja Solar, FlexSol Solutions BV, Akshar Solar Energy Pvt. Ltd., Clear Blue Technologies Inc., Deepa Solar Systems Pvt. Ltd., Dragons Breath Solar Ltd., Solar EnergieTechnik Ltd., Jinhua SunMaster Solar Lighting Co. Ltd., Leadsun Power, OSRAM Licht AG, SBM-SolarTech GmbH.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the solar lighting market by increasing costs of imported solar panels, batteries, LEDs, and electronic components used in lighting systems. These effects are most visible in hardware-intensive segments such as solar street lights and solar home systems, particularly in Asia-Pacific and Africa where imports are significant. However, tariffs have also encouraged local manufacturing, domestic sourcing, and assembly of solar lighting components. This shift is supporting regional supply chains and improving long-term market sustainability.
The solar lighting system market research report is one of a series of new reports that provides solar lighting system market statistics, including solar lighting system industry global market size, regional shares, competitors with a solar lighting system market share, detailed solar lighting system market segments, market trends, and opportunities, and any further data you may need to thrive in the solar lighting system industry. This solar lighting system research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
A solar lighting system utilizes solar energy to power light fixtures, serving as a sustainable lighting solution for outdoor applications such as garden lights, pathway illumination, street and security lighting, and rural electrification in areas lacking reliable grid electricity. Compared to traditional grid-powered systems, solar lighting systems are noted for their sustainability, relying on renewable solar energy to reduce electricity costs and minimize environmental impact.
Key products in the solar lighting system include solar lanterns, solar home systems, and solar street lights. Solar lanterns are portable, battery-operated devices that use solar energy for illumination, typically featuring a solar panel, battery, and LED or CFL light source. They offer a clean, renewable alternative to conventional lanterns. Various options are available, including hardware, software, and services, with lighting sources such as LEDs and CFLs suitable for diverse applications including commercial, highway and roadway, industrial, residential, and others.Asia-Pacific was the largest region in the solar lighting system market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solar lighting system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the solar lighting system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The solar lighting system market consists of sales of solar-powered street lights, garden lights, home lighting kits, portable solar lanterns, and solar-powered floodlights. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The solar lighting system market size is expected to see rapid growth in the next few years. It will grow to $17.18 billion in 2030 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to smart city development projects, advancements in solar panel efficiency, growing focus on carbon neutrality, expansion of IoT-enabled lighting controls, increasing investments in renewable infrastructure. Major trends in the forecast period include increasing adoption of solar street lighting in urban infrastructure, rising deployment of off-grid solar lighting in rural areas, growing integration of LED technology in solar lighting systems, expansion of smart and connected solar lighting solutions, increasing demand for cost-effective and low-maintenance lighting.
The growth of the solar lighting system market is set to be driven by the increasing adoption of renewable energy sources. These sources, such as solar, wind, and hydroelectric power, are naturally replenishable and can be continuously utilized without depletion. This shift is motivated by sustainability goals, rising public awareness, grid stability improvements, advancements in storage technologies, and supportive regulations. Solar lighting systems play a crucial role in this transition by directly converting solar energy into electricity for lighting, thereby reducing dependence on non-renewable energy sources. For example, in December 2024, Eurostat, a Luxembourg-based government agency, reported that renewable energy accounted for 24.5% of total energy consumption in the EU in 2023, an increase from 23% in 2022. Therefore, the growing adoption of renewable energy sources is fueling the expansion of the solar lighting system market.
Innovative solutions focused on minimizing environmental impact and enhancing sustainability are a priority for leading companies in the solar lighting system market. Eco-friendly lighting solutions, designed to minimize environmental harm throughout their lifecycle, are a key area of development. For instance, AGC Lighting introduced the ST57 solar LED street light in May 2023. This product integrates advanced solar technology with high-efficiency LED bulbs to provide sustainable illumination for urban and suburban areas. The ST57 is engineered for durability and energy efficiency, featuring a robust, weather-resistant design that ensures longevity in challenging outdoor conditions. Its intelligent lighting controls optimize energy usage, making it a cost-effective choice for municipalities and businesses seeking to reduce their carbon footprint.
In June 2024, Schréder, a Belgium-based outdoor lighting specialist, acquired Ligman Lighting USA Inc., a US-based manufacturer of outdoor and architectural solar lighting solutions. This strategic acquisition aims to enhance Schréder's product portfolio and expand its market presence, particularly in the urban decorative lighting sector.
Major companies operating in the solar lighting system market are Schneider Electric SE, Honeywell International Inc., Eaton Corporation plc, Philips Lighting Holding BV, Signify Holding BV, Havells India Limited, Exide Industries Limited, Cooper Lighting LLC, Jain Irrigation Systems Ltd., Halonix Technologies Pvt. Ltd., d.light Design Inc., Fonroche Lighting SAS, Azuri Technologies Ltd., Jakson Group, MicroEnergy Credits Corporation, Oorja Solar, FlexSol Solutions BV, Akshar Solar Energy Pvt. Ltd., Clear Blue Technologies Inc., Deepa Solar Systems Pvt. Ltd., Dragons Breath Solar Ltd., Solar EnergieTechnik Ltd., Jinhua SunMaster Solar Lighting Co. Ltd., Leadsun Power, OSRAM Licht AG, SBM-SolarTech GmbH.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the solar lighting market by increasing costs of imported solar panels, batteries, LEDs, and electronic components used in lighting systems. These effects are most visible in hardware-intensive segments such as solar street lights and solar home systems, particularly in Asia-Pacific and Africa where imports are significant. However, tariffs have also encouraged local manufacturing, domestic sourcing, and assembly of solar lighting components. This shift is supporting regional supply chains and improving long-term market sustainability.
The solar lighting system market research report is one of a series of new reports that provides solar lighting system market statistics, including solar lighting system industry global market size, regional shares, competitors with a solar lighting system market share, detailed solar lighting system market segments, market trends, and opportunities, and any further data you may need to thrive in the solar lighting system industry. This solar lighting system research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
A solar lighting system utilizes solar energy to power light fixtures, serving as a sustainable lighting solution for outdoor applications such as garden lights, pathway illumination, street and security lighting, and rural electrification in areas lacking reliable grid electricity. Compared to traditional grid-powered systems, solar lighting systems are noted for their sustainability, relying on renewable solar energy to reduce electricity costs and minimize environmental impact.
Key products in the solar lighting system include solar lanterns, solar home systems, and solar street lights. Solar lanterns are portable, battery-operated devices that use solar energy for illumination, typically featuring a solar panel, battery, and LED or CFL light source. They offer a clean, renewable alternative to conventional lanterns. Various options are available, including hardware, software, and services, with lighting sources such as LEDs and CFLs suitable for diverse applications including commercial, highway and roadway, industrial, residential, and others.Asia-Pacific was the largest region in the solar lighting system market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solar lighting system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the solar lighting system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The solar lighting system market consists of sales of solar-powered street lights, garden lights, home lighting kits, portable solar lanterns, and solar-powered floodlights. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Solar Lighting System Market Characteristics
3. Solar Lighting System Market Supply Chain Analysis
4. Global Solar Lighting System Market Trends and Strategies
5. Solar Lighting System Market Analysis of End Use Industries
7. Global Solar Lighting System Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Solar Lighting System Total Addressable Market (TAM) Analysis for the Market
9. Solar Lighting System Market Segmentation
10. Solar Lighting System Market Regional and Country Analysis
11. Asia-Pacific Solar Lighting System Market
12. China Solar Lighting System Market
13. India Solar Lighting System Market
14. Japan Solar Lighting System Market
15. Australia Solar Lighting System Market
16. Indonesia Solar Lighting System Market
17. South Korea Solar Lighting System Market
18. Taiwan Solar Lighting System Market
19. South East Asia Solar Lighting System Market
20. Western Europe Solar Lighting System Market
21. UK Solar Lighting System Market
22. Germany Solar Lighting System Market
23. France Solar Lighting System Market
24. Italy Solar Lighting System Market
25. Spain Solar Lighting System Market
26. Eastern Europe Solar Lighting System Market
27. Russia Solar Lighting System Market
28. North America Solar Lighting System Market
29. USA Solar Lighting System Market
30. Canada Solar Lighting System Market
31. South America Solar Lighting System Market
32. Brazil Solar Lighting System Market
33. Middle East Solar Lighting System Market
34. Africa Solar Lighting System Market
36. Solar Lighting System Market Competitive Landscape and Company Profiles
37. Solar Lighting System Market Other Major and Innovative Companies
40. Solar Lighting System Market High Potential Countries, Segments and Strategies
41. Appendix
Executive Summary
Solar Lighting System Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses solar lighting system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for solar lighting system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The solar lighting system market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Product: Solar Lanterns; Solar Home Systems; Solar Street Lights2) By Offering: Hardware; Software And Services
3) By Lighting Source: Light Emitting Diode (LED) Lights; Other Lighting Technologies
4) By Application: Commercial; Highways And Roadways; Industrial; Residential; Other Applications
Subsegments:
1) By Solar Lanterns: Portable Solar Lanterns; Rechargeable Solar Lanterns; Solar Lanterns with USB Charging2) By Solar Home Systems: Small Solar Home Systems (SHS); Medium Solar Home Systems (SHS); Large Solar Home Systems (SHS)
3) By Solar Street Lights: Integrated Solar Street Lights; Semi-integrated Solar Street Lights; Pole-mounted Solar Street Lights
Companies Mentioned: Schneider Electric SE; Honeywell International Inc.; Eaton Corporation plc; Philips Lighting Holding BV; Signify Holding BV; Havells India Limited; Exide Industries Limited; Cooper Lighting LLC; Jain Irrigation Systems Ltd.; Halonix Technologies Pvt. Ltd.; d.light Design Inc.; Fonroche Lighting SAS; Azuri Technologies Ltd.; Jakson Group; MicroEnergy Credits Corporation; Oorja Solar; FlexSol Solutions BV; Akshar Solar Energy Pvt. Ltd.; Clear Blue Technologies Inc.; Deepa Solar Systems Pvt. Ltd.; Dragons Breath Solar Ltd.; Solar EnergieTechnik Ltd.; Jinhua SunMaster Solar Lighting Co. Ltd.; Leadsun Power; OSRAM Licht AG; SBM-SolarTech GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Solar Lighting System market report include:- Schneider Electric SE
- Honeywell International Inc.
- Eaton Corporation plc
- Philips Lighting Holding BV
- Signify Holding BV
- Havells India Limited
- Exide Industries Limited
- Cooper Lighting LLC
- Jain Irrigation Systems Ltd.
- Halonix Technologies Pvt. Ltd.
- d.light Design Inc.
- Fonroche Lighting SAS
- Azuri Technologies Ltd.
- Jakson Group
- MicroEnergy Credits Corporation
- Oorja Solar
- FlexSol Solutions BV
- Akshar Solar Energy Pvt. Ltd.
- Clear Blue Technologies Inc.
- Deepa Solar Systems Pvt. Ltd.
- Dragons Breath Solar Ltd.
- Solar EnergieTechnik Ltd.
- Jinhua SunMaster Solar Lighting Co. Ltd.
- Leadsun Power
- OSRAM Licht AG
- SBM-SolarTech GmbH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 10.58 Billion |
| Forecasted Market Value ( USD | $ 17.18 Billion |
| Compound Annual Growth Rate | 12.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 27 |
