Market Overview:
The global outdoor solar 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 growing awareness about the benefits of using solar lights. The global outdoor solar light market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into 1.2 volts type, 2 volts type, and others. On the basis of application, it can be classified into online sale and offline sale. Regionally, it can be segmented into North America, Latin America, Europe Asia Pacific (APAC), and Middle East & Africa (MEA).
Product Definition:
An outdoor solar light is a lamp that uses energy from the sun to power its light. This type of lamp is often used in outdoor spaces, such as gardens, yards, and parks. Outdoor solar lights are popular because they are environmentally friendly and easy to use; they do not require any wiring or electricity.
1.2 Volts Type:
1.2 volts type is used in outdoor solar light market on account of its ability to provide sufficient voltage for lighting up the lamp and charging small electronic gadgets like mobile phones, tablets, MP3 players and others. It also has applications in electric toothbrushes, small hand held tools and other such products that require low voltage electricity.
2 Volts Type:
Outdoor solar light is powered by direct current (DC) electricity, which has a voltage range of 2 to 12V. The output power depends on the type of solar panel used. DC type can produce low as well as high power output depending upon the efficiency and technology used in manufacturing solar panels.
Application Insights:
The online sale segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to an increase in the number of e-commerce portals, which offer products at a lower price and deliver it directly to customers¢â‚¬â„¢ homes. This has led to increased penetration of outdoor solar lights on online marketplaces, especially in countries where electricity is expensive such as India and China. Offline sale is expected to be the fastest-growing application segment from 2018 to 2030 owing to high product demand across residential as well as commercial applications.
The offline sale segment was valued over USD 200 million in 2017 and is projected grow at a CAGR around 14% from 2018to 2030 during the forecast period. The growth can be attributed by increasing adoption of energy efficient products that provide better illumination without using much power compared with conventional lighting systems.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of offline as well as online solar light retailers. Offline retailers have been using various marketing strategies, such as road shows, product launches, and advertisements in newspapers & magazines to promote their products among customers. Online platforms are also being used effectively by companies for advertising & marketing purposes along with customer service activities.
North America is projected to be one of the fastest-growing regions over the forecast period owing to increasing awareness about outdoor lighting fixtures among consumers coupled with an increase in disposable income especially after tax returns at end of year holiday season which lights up homes and buildings across North America from January until Valentines Day (14th week).
Growth Factors:
- Increasing demand for solar energy due to global warming and climate change
- Government initiatives and subsidies for installation of solar lights
- Rising awareness about the benefits of outdoor solar lights among consumers
- Technological advancements in outdoor solar light products
- Growing trend of using renewable energy sources
Scope Of The Report
Report Attributes
Report Details
Report Title
Outdoor Solar Light Market Research Report
By Type
1.2 Volts Type, 2 Volts Type, Others
By Application
Online Sale, Offline Sale
By Companies
URPOWER, Aootek, LITOM, InnoGear, Mpow, Lampat, Licwshi, GardenBliss, Moonrays, Cinoton, Voona, Gigalumi, SOLVAO, TomCare, Oak Leaf
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Outdoor Solar Light Market Report Segments:
The global Outdoor Solar Light market is segmented on the basis of:
Types
1.2 Volts Type, 2 Volts Type, Others
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
Online Sale, Offline Sale
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:
- URPOWER
- Aootek
- LITOM
- InnoGear
- Mpow
- Lampat
- Licwshi
- GardenBliss
- Moonrays
- Cinoton
- Voona
- Gigalumi
- SOLVAO
- TomCare
- Oak Leaf
Highlights of The Outdoor Solar 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:
- 1.2 Volts Type
- 2 Volts Type
- Others
- By Application:
- Online Sale
- Offline Sale
- 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 Outdoor Solar 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?
Outdoor solar light is a type of solar lighting that uses sunlight to provide illumination. Outdoor solar lights are typically designed to be mounted on a roof or post, and can be used to light up an area outdoors.
Some of the key players operating in the outdoor solar light market are URPOWER, Aootek, LITOM, InnoGear, Mpow, Lampat, Licwshi, GardenBliss, Moonrays, Cinoton, Voona, Gigalumi, SOLVAO, TomCare, Oak Leaf.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Outdoor Solar Light Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Outdoor Solar Light Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Outdoor Solar Light Market - Supply Chain
4.5. Global Outdoor Solar Light Market Forecast
4.5.1. Outdoor Solar Light Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Outdoor Solar Light Market Size (000 Units) and Y-o-Y Growth
4.5.3. Outdoor Solar Light Market Absolute $ Opportunity
5. Global Outdoor Solar Light Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Outdoor Solar Light Market Size and Volume Forecast by Type
5.3.1. 1.2 Volts Type
5.3.2. 2 Volts Type
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Outdoor Solar Light Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Outdoor Solar Light Market Size and Volume Forecast by Application
6.3.1. Online Sale
6.3.2. Offline Sale
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Outdoor Solar Light Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Outdoor Solar Light Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Outdoor Solar Light Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Outdoor Solar Light Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Outdoor Solar Light Demand Share Forecast, 2019-2026
9. North America Outdoor Solar Light Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Outdoor Solar Light Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Outdoor Solar Light Market Size and Volume Forecast by Application
9.4.1. Online Sale
9.4.2. Offline Sale
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Outdoor Solar Light Market Size and Volume Forecast by Type
9.7.1. 1.2 Volts Type
9.7.2. 2 Volts Type
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Outdoor Solar Light Demand Share Forecast, 2019-2026
10. Latin America Outdoor Solar Light Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Outdoor Solar Light Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Outdoor Solar Light Market Size and Volume Forecast by Application
10.4.1. Online Sale
10.4.2. Offline Sale
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Outdoor Solar Light Market Size and Volume Forecast by Type
10.7.1. 1.2 Volts Type
10.7.2. 2 Volts Type
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Outdoor Solar Light Demand Share Forecast, 2019-2026
11. Europe Outdoor Solar Light Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Outdoor Solar Light Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Outdoor Solar Light Market Size and Volume Forecast by Application
11.4.1. Online Sale
11.4.2. Offline Sale
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Outdoor Solar Light Market Size and Volume Forecast by Type
11.7.1. 1.2 Volts Type
11.7.2. 2 Volts Type
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections b Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Outdoor Solar Light Demand Share, 2019-2026
12. Asia Pacific Outdoor Solar Light Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Outdoor Solar Light Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Outdoor Solar Light Market Size and Volume Forecast by Application
12.4.1. Online Sale
12.4.2. Offline Sale
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Outdoor Solar Light Market Size and Volume Forecast by Type
12.7.1. 1.2 Volts Type
12.7.2. 2 Volts Type
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Outdoor Solar Light Demand Share, 2019-2026
13. Middle East & Africa Outdoor Solar Light Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Outdoor Solar Light Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Outdoor Solar Light Market Size and Volume Forecast by Application
13.4.1. Online Sale
13.4.2. Offline Sale
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Outdoor Solar Light Market Size and Volume Forecast by Type
13.7.1. 1.2 Volts Type
13.7.2. 2 Volts Type
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Outdoor Solar Light Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Outdoor Solar Light Market: Market Share Analysis
14.2. Outdoor Solar Light Distributors and Customers
14.3. Outdoor Solar Light Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. URPOWER
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aootek
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LITOM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. InnoGear
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mpow
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lampat
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Licwshi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GardenBliss
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Moonrays
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cinoton
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Voona
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Gigalumi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SOLVAO
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TomCare
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Oak Leaf
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
