Solar LED Street Lighting Market Trends, Revenue, Major Players

  • The study on the Global Solar LED Street Lighting Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Solar LED Street Lighting market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Solar LED Street Lighting industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Solar LED Street Lighting industry

    The global Solar LED Street Lighting Market is forecasted to be worth USD 13.89 Billion by 2027, according to a new report by Emergen Research. The solar LED street lighting market is anticipated to grow significantly owing to the growing need for energy-efficient lighting systems and the rising integration of the IoT with lighting systems. The increase in energy usage globally is another factor for the substantial growth in the global solar LED street lighting market. However, the high setup costa are likely to restraint market growth over the forecast period.

    Get a sample of the report @ https://www.emergenresearch.com/industry-report/solar-led-street-lighting-market

    Competitive Landscape:

    The latest report encases an in-depth summary of the intensely competitive landscape of the global Solar LED Street Lighting Market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.

    Key participants include Su-Kam Power Systems Ltd., Sunna Design Inc., Dragon's Breath Solar, Bridgelux, Inc., Greenshine New Energy LLC, Signify Holding B.V., Solar Lighting International Inc, Anhui Longvolt Energy Co. Ltd., BISOL Group, d.o.o., and Orion Solar among others.

    Market Taxonomy:

    Chapter 1: Methodology & Scope

    • Definition and forecast parameters
    • Methodology and forecast parameters
    • Data Sources

    Chapter 2:

    Executive Summary

    • Business trends
    • Regional trends
    • Product trends
    • End-use trends

    Chapter 3:

    Industry Insights

    • Industry segmentation
    • Industry landscape
    • Vendor matrix
    • Technological and innovation landscape

    Chapter 4:

    Regional Landscape

    Chapter 5:

    Company Profile

    • Business Overview
    • Financial Data
    • Product Landscape

    Emergen Research has segmented the global Solar LED Street Lighting Market on the basis of product, component, end-use, and region:

    Product Outlook (Revenue, USD Billion; 2017-2027)

    • Grid Connected
    • Standalone

    Component Outlook (Revenue, USD Billion; 2017-2027)

    • Solar Cell
    • Light Pole
    • LED lamps

    End-Use Outlook (Revenue, USD Billion; 2017-2027)

    • Residential
    • Industrial
    • Commercial

    Some Key Highlights from the Report

    • In June 2019, Signify N.V. was installed 20 Philips SunStay solar street lights in Infanta Elena Park in Seville, Spain, in one housing, these solar lights have an integrated solar panel, luminaire, charge controller, and battery. These lights are also compact and easy to assemble and require less maintenance.
    • Due to certain government influence, such as feed-in tariff and net metering, the grid-connected system is anticipated to witness significant growth over the forecast timeframe.
    • Due to the advantages, such as less maintenance, uniform mounting, long service life, ecofriendly, and no RF interference, the light pole segment is expected to dominate the market with a CAGR of 13.4%.

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