Market Overview:
The global LED solar street light market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions and the rising awareness about the benefits of LED solar street lights. The global LED solar street light market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into 12V and 24V segments. The 12V segment is expected to account for a larger share of the market than the 24V segment duringthe forecast period. On th ebasis o fapplication, t he muni cipal segm ent is expec ted t o ac count for t he largest share o f th e marke t durin g th e forecas t perio d . O n th e ba sis o f regi on , th e APAC regi on i s expec tedt obe tha larges tal ler fo rth emarke tin g durin gth eduratio no ft his study .
Product Definition:
LED Solar Street Light is a kind of outdoor lighting fixtures, which takes solar energy as its power. LED Solar Street Light is important for two reasons. The first reason is that it can help reduce greenhouse gas emissions and save on energy costs.
12V:
12V is the voltage range that can power any device such as a television, computer, mobile phone, vacuum cleaner or LED light. The higher the voltage the more powerful devices can operate. 12V solar street lights use compact fluorescent bulbs (CFLs) and are very cheap to buy in bulk which makes them cost effective for developing countries where electricity is expensive and there's a high demand for solar street lighting systems.
24V:
The 24V is a voltage used in solar street light. It is also known as the low voltage or DC voltage. The 24 V LED solar street light has a capacity to provide lighting for about 80 hours with one full charge of battery. These lights can be easily installed on any surface such as concrete, wood, and metal pole without making any modifications to the surface. They are weather resistant and have an IP65 rating, which makes them dust tight and water resistant.
Application Insights:
Municipal led the market and accounted for more than 60% of the global LED solar street light market in 2017. The growing urban population coupled with rising awareness regarding energy conservation is expected to drive demand over the forecast period. Furthermore, increasing government initiatives toward sustainable development are likely to propel industry growth over the coming years.
The residential area/factory area segment is anticipated to register a significant CAGR of XX% from 2018 to 2030 owing to increased adoption in construction activities along with an increase in demand for outdoor lighting solutions at home or industrial areas respectively. In addition, growing investments by companies such as Siemens AG (Germany) and General Electric Company (U.S.
Regional Analysis:
The Asia Pacific regional led solar street light market is anticipated to grow at the highest CAGR over the forecast period. The growth of this region can be attributed to increasing government initiatives and investments in infrastructure development. For instance, in India, ‘Housing for All by 2022’ initiative has been taken by the Indian Government which aims at developing affordable houses for all citizens of India. This will create a huge demand for LED street lights in order to provide better lighting facilities to people living in rural areas as well as urban centers.
In addition, growing population and rapid urbanization have created a need for better infrastructure such as roads and buildings which will also drive product demand over the forecast period.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Government initiatives and regulations for promoting LED lighting
- Rising awareness about the benefits of LED solar street lights among end users
- Technological advancements in LED solar street light products
- Growing demand from rural areas
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Solar Street Light Market Research Report
By Type
12V, 24V
By Application
Municipal, School, Residential Area/Factory Area
By Companies
Philips, Eglo, Tesco, Westinghouse Electric Company, Himin Solar, Urja Global Ltd, Gama Sonic, Nokero, D.light, Sunny Solar Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global LED Solar Street Light Market Report Segments:
The global LED Solar Street Light market is segmented on the basis of:
Types
12V, 24V
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Municipal, School, Residential Area/Factory Area
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips
- Eglo
- Tesco
- Westinghouse Electric Company
- Himin Solar
- Urja Global Ltd
- Gama Sonic
- Nokero
- D.light
- Sunny Solar Technology
Highlights of The LED Solar Street Light Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 12V
- 24V
- By Application:
- Municipal
- School
- Residential Area/Factory Area
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LED Solar Street Light Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LED Solar Street Light is a type of solar street light that uses LED lights. These lights are more efficient and last longer than traditional streetlights. They also use less energy, which can save the city money in the long run.
Some of the major companies in the led solar street light market are Philips, Eglo, Tesco, Westinghouse Electric Company, Himin Solar, Urja Global Ltd, Gama Sonic, Nokero, D.light, Sunny Solar Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Solar Street Light Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LED Solar Street Light Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED Solar Street Light Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LED Solar Street Light Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LED Solar Street Light Market Size & Forecast, 2018-2028
4.5.1 LED Solar Street Light Market Size and Y-o-Y Growth
4.5.2 LED Solar Street Light Market Absolute $ Opportunity
Chapter 5 Global LED Solar Street Light Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 LED Solar Street Light Market Size Forecast by Type
5.2.1 12V
5.2.2 24V
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LED Solar Street Light Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 LED Solar Street Light Market Size Forecast by Applications
6.2.1 Municipal
6.2.2 School
6.2.3 Residential Area/Factory Area
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED Solar Street Light Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LED Solar Street Light Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America LED Solar Street Light Analysis and Forecast
9.1 Introduction
9.2 North America LED Solar Street Light Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America LED Solar Street Light Market Size Forecast by Type
9.6.1 12V
9.6.2 24V
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America LED Solar Street Light Market Size Forecast by Applications
9.10.1 Municipal
9.10.2 School
9.10.3 Residential Area/Factory Area
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe LED Solar Street Light Analysis and Forecast
10.1 Introduction
10.2 Europe LED Solar Street Light Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe LED Solar Street Light Market Size Forecast by Type
10.6.1 12V
10.6.2 24V
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe LED Solar Street Light Market Size Forecast by Applications
10.10.1 Municipal
10.10.2 School
10.10.3 Residential Area/Factory Area
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific LED Solar Street Light Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LED Solar Street Light Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific LED Solar Street Light Market Size Forecast by Type
11.6.1 12V
11.6.2 24V
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific LED Solar Street Light Market Size Forecast by Applications
11.10.1 Municipal
11.10.2 School
11.10.3 Residential Area/Factory Area
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America LED Solar Street Light Analysis and Forecast
12.1 Introduction
12.2 Latin America LED Solar Street Light Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America LED Solar Street Light Market Size Forecast by Type
12.6.1 12V
12.6.2 24V
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America LED Solar Street Light Market Size Forecast by Applications
12.10.1 Municipal
12.10.2 School
12.10.3 Residential Area/Factory Area
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) LED Solar Street Light Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LED Solar Street Light Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) LED Solar Street Light Market Size Forecast by Type
13.6.1 12V
13.6.2 24V
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) LED Solar Street Light Market Size Forecast by Applications
13.10.1 Municipal
13.10.2 School
13.10.3 Residential Area/Factory Area
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LED Solar Street Light Market: Competitive Dashboard
14.2 Global LED Solar Street Light Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 Eglo
14.3.3 Tesco
14.3.4 Westinghouse Electric Company
14.3.5 Himin Solar
14.3.6 Urja Global Ltd
14.3.7 Gama Sonic
14.3.8 Nokero
14.3.9 D.light
14.3.10 Sunny Solar Technology
