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Solar Street Lighting Market Growth Analysis Report - Market Size, Share, Forecast Trends and Outlook (2025-2034)

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    Report

  • 170 Pages
  • July 2025
  • Region: Global
  • Expert Market Research
  • ID: 6161838
The global solar street lighting market attained a value of nearly USD 6.73 Billion in 2024. The market is further expected to grow at a CAGR of 16.40% during the forecast period of 2025-2034 to reach a value of USD 30.73 Billion by 2034.

Key Trends in the Market

Solar street lighting is a lighting system that utilises photovoltaic technology for converting sunlight into electricity. It does not use power from grid infrastructure and is extensively used to illuminate parks, roads, streets, and lawns, among others. The usage of solar street lighting is associated with several benefits, such as reduced costs, enhanced efficiency, ease of installation, and decreased dependency on the grid.
  • In both developing and developed countries, governments are promoting the adoption of solar street lighting solutions owing to their various benefits, including affordability, eco-friendliness, and low maintenance, among others. In addition, governments in developing countries are increasingly installing solar street lights for providing optimal illumination in areas prone to power outages.
  • Some of the most significant solar street lighting market trends include the increasing exploration of renewable energy sources, the rising demand for energy, the increasing focus to boost public safety, and the surging trend of sustainability amid growing environmental concerns.
  • There is an increasing use of solar street lighting solutions as a reliable and cost-effective alternative to electrically powered street lights. As the focus on reducing carbon emissions and driving sustainability is surging, installations of solar street lighting systems are anticipated to rise.
  • Various leading companies are increasingly launching innovative and high-performance solar street lights that offer excellent luminous efficacy, high charging efficiency, and enhanced durability in harsh environmental conditions.
  • Several solar street lighting systems are integrated with advanced sensor technologies that enable them to rapidly respond to the surroundings and save energy.

Solar Street Lighting Market Segmentation

The report titled “Solar Street Lighting Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • CFL
  • LED

Market Breakup by Connection Type

  • Standalone
  • Grid Connected

Market Breakup by End Users

  • Residential
  • Commercial
  • Industrial

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Share by Product Type

There is a growing demand for solar LED street lights owing to their low energy consumption, durability, bright light emission, zero UV emissions, and sustainability, among others. With the increasing demand for enhanced illumination in outdoor spaces at an affordable price, various manufacturers are developing innovative solar street lights with inbuilt high-lumen LED bulbs, dusk-to-dawn sensors, and high-efficiency solar panels and solar charge controllers, among others, thereby bolstering the overall solar street lighting market growth.

The availability of solar LED street lights in various styles, shapes, and sizes is significantly rising. Moreover, governments across the globe are focusing on boosting sustainability, which is anticipated to surge the adoption of solar LED street lights offering high energy efficiency, low installation costs, efficient charging, and self-autonomy, among others.

Meanwhile, the utilisation of solar CFL street lighting for illuminating squares, crossroads, and streets in remote areas is surging. Solar CFL street lights offering weather resistance, enhanced transparency, minimal lumen output loss, and automated controllers are increasingly used in various applications in the residential, industrial, and commercial sectors.

Market Share by Region

The Asia Pacific region accounts for a significant solar street lighting market share owing to the growing usage of green and renewable energy in the region. The rapid urbanisation and industrialisation and the rising energy demands in the region are surging the utilisation of solar energy as a cost-effective and sustainable energy source, hence driving installations of solar street lighting solutions.

With the high prevalence of power outages in emerging economies of the region, governments are increasingly exploring sustainable power generation sources and utilising solar-based street lighting systems for illumination applications. The growing focus on regional developments in countries like China, India, and Indonesia, among others, is surging the installation of solar street lighting systems due to their excellent illumination, enhanced stability and durability, and high lumen output, among others.

Meanwhile, the solar street lighting market in Europe is expected to grow over the forecast period due to the rapid shift from fossil fuel-based energy sources and the increasing trend of sustainability. The energy crisis due to socioeconomic factors in the region is also fuelling the adoption of solar street lights. Several European countries are also installing energy-efficient and effective solar street lights for reducing greenhouse gas emissions and overall energy consumption.

Competitive Landscape in the Global Solar Street Lighting Market

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global solar street lighting market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Signify N.V.

Signify N.V. is a leading lighting company that offers high-quality systems, services, and products to customers. Its innovative data-enabled and connected lighting systems are extensively used in buildings, homes, as well as public spaces. Through its R&D activities in LED lighting, it aims to unlock the potential of light for creating a sustainable world. Moreover, the company actively partners with institutions, universities, and start-ups to drive innovation in the lighting sector.

Leadsun

Leadsun, one of the major solar street lighting companies, manufactures innovative solar powered LED lights. It has research institutes and branches in the United States, Australia, and Malaysia. The company’s high-performance and reliable solar lighting systems are used in more than 100 countries around the world. Through its innovative product portfolio, the company aims to offer easy-to-install and intelligent solar lighting solutions to customers.

Jiangsu Sokoyo Solar Lighting Co., Ltd.

Jiangsu Sokoyo Solar Lighting Co., Ltd. Is a Chinese company that is focused on developing, producing, and designing solar street lighting solutions. Its innovative product portfolio finds usage in highways, small areas, city roads, and residential area country roads, among others. The company also offers various services, including scenario simulation testing, preliminary project design, proposal, wind resistance rating design, and optimisation to its customers. Its solutions have been used in several projects across the globe.

Other solar street lighting market players include Nomo Group Co. Ltd, Dragons Breath Solar Ltd., and Sunna Design SA, among others.

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Solar Street Lighting Market Analysis
5.1 Key Industry Highlights
5.2 Global Solar Street Lighting Historical Market (2018-2024)
5.3 Global Solar Street Lighting Market Forecast (2025-2034)
5.4 Global Solar Street Lighting Market by Product Type
5.4.1 CFL
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 LED
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.5 Global Solar Street Lighting Market by Connection Type
5.5.1 Standalone
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Grid Connected
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.6 Global Solar Street Lighting Market by End Users
5.6.1 Residential
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Commercial
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Industrial
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.7 Global Solar Street Lighting Market by Region
5.7.1 North America
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Europe
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.7.3 Asia Pacific
5.7.3.1 Historical Trend (2018-2024)
5.7.3.2 Forecast Trend (2025-2034)
5.7.4 Latin America
5.7.4.1 Historical Trend (2018-2024)
5.7.4.2 Forecast Trend (2025-2034)
5.7.5 Middle East and Africa
5.7.5.1 Historical Trend (2018-2024)
5.7.5.2 Forecast Trend (2025-2034)
6 North America Solar Street Lighting Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Solar Street Lighting Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Solar Street Lighting Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Bangladesh
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Solar Street Lighting Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Mexico
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Argentina
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Solar Street Lighting Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 South Africa
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Nigeria
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 Signify N.V.
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 Leadsun
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 Jiangsu Sokoyo Solar Lighting Co., Ltd.
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 Nomo Group Co. Ltd
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Dragons Breath Solar Ltd.
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Sunna Design SA
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 Others

Companies Mentioned

  • Signify N.V.
  • Leadsun
  • Jiangsu Sokoyo Solar Lighting Co., Ltd.