Boston, MA -- (SBWIRE) -- 01/02/2017 -- Street lighting is a vital service provided by the municipal organizations of respective cities to ensure the safety of people using pedestrian walkways and roads. Worldwide, across the cities lighting accounts for a substantial range of 10%-35% of the total energy bills. Controlling the power consumption in street lighting has been gaining attention due to rising energy prices, need for energy efficiency, and tackling climate change. This has resulted in choosing energy-efficient technologies such as LEDs to replace older street lighting models that use CFL or halogen.

Technavio's analysts forecast the global solar street lighting market to grow at a CAGR of 19.30% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global solar street lighting market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of solar street lighting products (i.e., solar PV with components like batteries, poles, luminaires, and power management systems) in the market.

Get More Details on this Report and a Full Table of Contents at Global Solar Street Lighting Market 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Solar Street Lighting Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Omega Solar
-Philips Lighting
-Solar Street Lights USA
-Su-Kam Power Systems

Other prominent vendors

-Bridgelux
-Covimed Solar
-Dragons Breath Solar
-Elecssol
-Fosera
-KCP Solar
-Shenzhen Spark Optoelectronics S&T
-Solar Electric Power Company (SEPCO)
-SOKOYO
-Solektra
-Sunna Design
-Tata Power Solar Systems
-Urja Global
-VERYSOL

Market driver

-Increase in government support
-For a full, detailed list, view our report

Market challenge

-Absence of global LED standardization
-For a full, detailed list, view our report

Market trend

-Emergence of smart cities
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Omega Solar, Philips Lighting, Solar Street Lights USA, Su-Kam Power Systems, Bridgelux, Covimed Solar, Dragons Breath Solar, Elecssol, Fosera, KCP Solar, Shenzhen Spark Optoelectronics S&T, Solar Electric Power Company (SEPCO), SOKOYO, Solektra, Sunna Design, Tata Power Solar Systems, Urja Global, VERYSOL

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