Astute Analytica published a research report on the "Global Solar Street Lighting Market Report 2024" which provides a comprehensive analysis and strategic visions into the market. The report offers detailed insights into the market size, growth projections, and key trends shaping the industry.
Market Size and Growth Projections
The global solar street lighting market is estimated to witness a major jump in revenue from US$ 4,438.0 Mn in 2022 to US$ 15,716.4 Mn by 2030 at a CAGR of 17.19% over the projection period 2023-2030. In terms of volume, the market is expected to register a CAGR of 15.01% during the forecast period.
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Factors Influencing the Market
The research report provides a comprehensive analysis of the factors that are expected to impact the Solar Street Lighting business, both externally and internally. The report examines the external factors that could influence the industry's performance. This includes an analysis of the market environment, competitive landscape, and broader economic and regulatory conditions.
In addition to the external factors, the report also delves into the internal dynamics of the Solar Street Lighting industry. This includes an assessment of the industry's operational efficiency, technological capabilities, and organizational structure. The report analyzes how these internal factors may contribute to the overall performance and competitiveness of the market.
Market Segmentation and Analysis
The report delves into the various segments that make up the Solar Street Lighting market, offering a granular understanding of the dynamics within each segment. This segmentation allows for a more detailed and targeted analysis, enabling the identification of specific growth opportunities and challenges within the market.
Geographical Segmentation
The market has been segmented into North America, South America, Asia, Europe, Africa, and Others. The report covers the key countries within each region and provides the present market size and forecast till 2032 for all the regions and sub-regions.
Market Segmentation Outline
By Type segment of the Global Solar Street Lighting Market is sub-segmented into:
- Portable
- Standalone
- Centralized
- Others
By Component segment of the Global Solar Street Lighting Market is sub-segmented into:
- Controller
- Lamp
- Compact fluorescent light (CFL)
- Light-emitting diode (LED)
- Metal halide
- Sodium vapor
- Others
- Solar Panel
- Sensors
- Night & Motion Sensors
- Passive Infrared (PIR) Sensors
- Battery
- Lead-acid
- Lithium-Ion
- Others
By Application segment of the Global Solar Street Lighting Market is sub-segmented into:
- Parking Lot
- Highway and Roadway
- Airport Runway
- Manufacturing Site
- Playgrounds
- Garden
- Others
By Region segment of the Global Solar Street Lighting Market is sub-segmented into:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Italy
- Spain
- Poland
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of South America
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Competitive Landscape
Astute Analytica research report provides a comprehensive analysis of the competitive landscape within the global Solar Street Lighting market. This includes a detailed examination of the leading product vendors and their latest developments, as well as insights into the manufacturer's share in terms of shipment and revenue for all major players identified in the market.
The competitive profiling includes information on the vendors' product portfolios, technological capabilities, and market share within the Solar Street Lighting industry. This data allows for a deeper understanding of the competitive landscape and the relative strengths and weaknesses of the various players.
Key Companies
- Acuity Brands, Inc.
- Bajaj Electricals Ltd.
- Bridgelux Inc.
- Cooper Lighting,
- Dragons Breath Solar
- Jiangsu SOKOYO Solar Lighting Co., Ltd.
- Omega Solar
- Philips Lighting Holding B.V.
- Signify Holding BV
- Sol Inc.
- Solar Street Lights USA
- Solektra International LLC
- Sunna Design
- Urja Global Ltd.
- VerySol Inc.
- Other Prominent Players
Reasons to Buy this Report
- Market share evaluations for the national and regional segments
- Tactical pointers for newcomers
- Inclusion of market statistics from 2023 to 2030
- Market trends, including motivators, openings, dangers, obstacles, funding possibilities, and suggestions
- Strategic recommendations based solely on market projections
- Identification of main, regular trends in competitive landscaping
- Detailed company profiling, including financials, strategies, and current developments
- Illustration of supply chain trends and current technical developments
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About Astute Analytica:
Astute Analytica is a leading market research and consulting firm committed to providing organizations with actionable insights and data-driven strategies to thrive in dynamic markets. With a strong presence in both global and regional markets, we publish extensive industry reports, conduct targeted surveys, and offer custom consulting services tailored to meet specific client needs. Our expertise spans multiple sectors, including technology, healthcare, chemicals, manufacturing, energy, and more, making us a valuable partner for forward-thinking businesses.
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