Market Overview:
The global solar outdoor LED lighting 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 growing awareness about the benefits of solar outdoor LED lights. The global solar outdoor LED lighting market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into solar LED street lights, solar LED flood lights, solar LED garden lights, solar LED spotlights, and others (solar area lights). Solar streetlights are expected to account for a major share of this market due to their growing adoption for illuminating streets and roads across various regions. On the basis of application, it can be classified into residential applications; commercial applications such as office buildings or shopping malls; industrial applications such as warehouses or factories; and other applications including parks or gardens. Commercial sector is expected to hold a dominant share in terms of revenue contribution owing to rising investments by businesses in energy-efficient lighting solutions across different regions worldwide.
Product Definition:
Solar Outdoor LED Lighting is a type of lighting that uses solar panels to convert sunlight into electrical energy. This energy is then used to power outdoor LED lights. Solar outdoor LED lights are important because they reduce the amount of electricity that needs to be generated from other sources, such as coal-fired plants. They also help conserve natural resources and reduce greenhouse gas emissions.
Solar LED Street Lights,:
Solar LED street lights are a new type of lighting system which is used for outdoor public spaces, roads, walkways and highways. It's an innovative approach to provide sustainable lighting by using the sun as the energy source. The light produced by these systems has various advantages over traditional street lights such as it is more durable & efficient in nature with lower power consumption and no harmful emissions.
Solar LED Flood Lights:
Solar LED flood lights are a new type of lighting system which is used for outdoor applications. It is an innovative and effective way to light up an area with high brightness LEDs in comparison to traditional lighting systems. These lights have the ability to follow the sun throughout the day, thereby providing more usable light per unit of time than conventional streetlights.
Application Insights:
The commercial segment accounted for the largest revenue share of over 70% in 2017. The growth can be attributed to an increase in the number of commercial constructions, offices and shops across the globe. Furthermore, governments are taking initiatives for replacing traditional street lighting with LED lights as they consume less energy and produce less light pollution. As per a study conducted by Energy-pedia, around USD 12 billion worth traditional streetlight installations were replaced by LEDs worldwide from 2010 to 2015 which is expected to boost industry growth further.
The residential segment is expected to witness significant growth over the forecast period owing to increasing awareness about energy conservation among consumers coupled with government initiatives such as ¢â‚¬Å“Pradhan Mantri Awas Yojna¢â‚¬ (PMAY).
Regional Analysis:
Asia Pacific regional solar outdoor LED lighting market is anticipated to grow at the highest CAGR of XX% over the forecast period, owing to increasing government initiatives for sustainable development and growing adoption of eco-friendly technologies in countries such as China, Japan, South Korea and India. In addition, rising disposable income levels are expected to drive demand from residential applications in these regions.
The European region accounted for a significant share of global revenue in 2017 due to early adoption of innovative solar powered products coupled with high disposable income level among consumers especially in countries like Germany and Italy which has resulted into higher spending on luxury items including decorative lights such as outdoor area lights with LEDs. Moreover, stringent regulations regarding energy consumption by regulatory bodies like EU Energy Regulatory Committee (ERC) have driven industry growth through innovations that meet consumer needs while reducing energy consumption thus benefitting environment at large over time which is further expected to boost regional growth over the forecast period.
Growth Factors:
- Increasing demand for solar outdoor LED lighting from the commercial sector on account of growing awareness about the benefits of renewable energy sources.
- Rising demand for solar outdoor LED lighting in developing countries on account of increasing government initiatives and investments in renewable energy infrastructure.
- Technological advancements in solar outdoor LED lighting that are making these products more efficient and affordable, thereby driving their adoption across a wider range of applications.
- Growing concerns about climate change and its impact on the environment, which is prompting governments and consumers to adopt sustainable solutions such as solar outdoor LED lighting.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Outdoor LED Lighting Market Research Report
By Type
Solar LED Street Lights,, Solar LED Flood Lights, Solar LED Garden Lights, Solar LED Spotlights, Solar LED Area Lights
By Application
Residential, Commercial, Others
By Companies
Solar Electric Power Company, Solar Lighting International Inc., Signify Holding, Hollandia Power, Hubbell, Carmanah, Shenzhen Spark, EXIDE Industries, Leadsun, Osram Licht AG, Solar Electric Power Company
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 Solar Outdoor LED Lighting Market Report Segments:
The global Solar Outdoor LED Lighting market is segmented on the basis of:
Types
Solar LED Street Lights,, Solar LED Flood Lights, Solar LED Garden Lights, Solar LED Spotlights, Solar LED Area Lights
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
Residential, Commercial, Others
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:
- Solar Electric Power Company
- Solar Lighting International Inc.
- Signify Holding
- Hollandia Power
- Hubbell
- Carmanah
- Shenzhen Spark
- EXIDE Industries
- Leadsun
- Osram Licht AG
- Solar Electric Power Company
Highlights of The Solar Outdoor LED Lighting 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:
- Solar LED Street Lights,
- Solar LED Flood Lights
- Solar LED Garden Lights
- Solar LED Spotlights
- Solar LED Area Lights
- By Application:
- Residential
- Commercial
- Others
- 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 Solar Outdoor LED Lighting 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?
Solar Outdoor LED Lighting is a type of outdoor lighting that uses solar energy to generate light. Solar Outdoor LED Lighting typically consists of LEDs, which are small, light-emitting diodes, and can be attached to poles or other structures using brackets or mounts.
Some of the major companies in the solar outdoor led lighting market are Solar Electric Power Company, Solar Lighting International Inc., Signify Holding, Hollandia Power, Hubbell, Carmanah, Shenzhen Spark, EXIDE Industries, Leadsun, Osram Licht AG, Solar Electric Power Company.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solar Outdoor LED Lighting 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 Solar Outdoor LED Lighting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solar Outdoor LED Lighting 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 Solar Outdoor LED Lighting 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 Solar Outdoor LED Lighting Market Size & Forecast, 2018-2028
4.5.1 Solar Outdoor LED Lighting Market Size and Y-o-Y Growth
4.5.2 Solar Outdoor LED Lighting Market Absolute $ Opportunity
Chapter 5 Global Solar Outdoor LED Lighting 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 Solar Outdoor LED Lighting Market Size Forecast by Type
5.2.1 Solar LED Street Lights
5.2.2
5.2.3 Solar LED Flood Lights
5.2.4 Solar LED Garden Lights
5.2.5 Solar LED Spotlights
5.2.6 Solar LED Area Lights
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Solar Outdoor LED Lighting 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 Solar Outdoor LED Lighting Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solar Outdoor LED Lighting 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 Solar Outdoor LED Lighting 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 Solar Outdoor LED Lighting Analysis and Forecast
9.1 Introduction
9.2 North America Solar Outdoor LED Lighting 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 Solar Outdoor LED Lighting Market Size Forecast by Type
9.6.1 Solar LED Street Lights
9.6.2
9.6.3 Solar LED Flood Lights
9.6.4 Solar LED Garden Lights
9.6.5 Solar LED Spotlights
9.6.6 Solar LED Area Lights
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 Solar Outdoor LED Lighting Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Others
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 Solar Outdoor LED Lighting Analysis and Forecast
10.1 Introduction
10.2 Europe Solar Outdoor LED Lighting 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 Solar Outdoor LED Lighting Market Size Forecast by Type
10.6.1 Solar LED Street Lights
10.6.2
10.6.3 Solar LED Flood Lights
10.6.4 Solar LED Garden Lights
10.6.5 Solar LED Spotlights
10.6.6 Solar LED Area Lights
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 Solar Outdoor LED Lighting Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Others
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 Solar Outdoor LED Lighting Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Solar Outdoor LED Lighting 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 Solar Outdoor LED Lighting Market Size Forecast by Type
11.6.1 Solar LED Street Lights
11.6.2
11.6.3 Solar LED Flood Lights
11.6.4 Solar LED Garden Lights
11.6.5 Solar LED Spotlights
11.6.6 Solar LED Area Lights
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 Solar Outdoor LED Lighting Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Others
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 Solar Outdoor LED Lighting Analysis and Forecast
12.1 Introduction
12.2 Latin America Solar Outdoor LED Lighting 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 Solar Outdoor LED Lighting Market Size Forecast by Type
12.6.1 Solar LED Street Lights
12.6.2
12.6.3 Solar LED Flood Lights
12.6.4 Solar LED Garden Lights
12.6.5 Solar LED Spotlights
12.6.6 Solar LED Area Lights
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 Solar Outdoor LED Lighting Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Others
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) Solar Outdoor LED Lighting Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Solar Outdoor LED Lighting 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) Solar Outdoor LED Lighting Market Size Forecast by Type
13.6.1 Solar LED Street Lights
13.6.2
13.6.3 Solar LED Flood Lights
13.6.4 Solar LED Garden Lights
13.6.5 Solar LED Spotlights
13.6.6 Solar LED Area Lights
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) Solar Outdoor LED Lighting Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Others
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 Solar Outdoor LED Lighting Market: Competitive Dashboard
14.2 Global Solar Outdoor LED Lighting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Solar Electric Power Company
14.3.2 Solar Lighting International Inc.
14.3.3 Signify Holding
14.3.4 Hollandia Power
14.3.5 Hubbell
14.3.6 Carmanah
14.3.7 Shenzhen Spark
14.3.8 EXIDE Industries
14.3.9 Leadsun
14.3.10 Osram Licht AG
14.3.11 Solar Electric Power Company
