Solar Powered Street Lights Market
Solar street lights are raised light sources which are powered by solar panels generally mounted on the lighting structure or integrated into the pole itself. The solar panels charge a rechargeable battery, which powers a fluorescent or LED lamp during the night.Due to the COVID-19 pandemic, the global Solar Powered Street Lights market size is estimated to be worth USD million in 2021 and is forecast to a readjusted size of USD million by 2028 with a CAGR of % during the forecast period 2022-2028. Solar street lights are raised light sources which are powered by solar panels generally mounted on the lighting structure or integrated into the pole itself. The solar panels charge a rechargeable battery, which powers a fluorescent or LED lamp during the night.Due to the COVID-19 pandemic, the global Solar Powered Street Lights market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Solar Powered Street Lights market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Solar Powered Street Lights landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.Standalone accounting for % of the Solar Powered Street Lights global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.The global major manufacturers of Solar Powered Street Lights include VerySol, Philips Lighting Holding, Bridgelux, Omega Solar, Dragons Breath Solar, Solektra International, SOKOYO Solar Group, Sunna Design and Solar Street Lights, etc. In terms of revenue, the global 3 largest players have a % market share of Solar Powered Street Lights in 2021.This report focuses on Solar Powered Street Lights volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Solar Powered Street Lights market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.Global Solar Powered Street Lights Market: Segment AnalysisThe research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Major players covered in Solar Powered Street Lights Market are:
- VerySol
- Philips Lighting Holding
- Bridgelux
- Omega Solar
- Dragons Breath Solar
- Solektra International
- SOKOYO Solar Group
- Sunna Design
- Solar Street Lights
- Urja Global
- Sol
Market Segment by Type:
- Standalone
- Grid Connected
Market Segment by Application:
- Residential
- Commercial
- Industrial
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