Pune, India -- (SBWIRE) -- 07/10/2018 -- Solar Street Lighting Market– Overview:-
The growing demand for clean and renewable energy, easy setup and low cost of maintenance during its operation, act as major drivers for the growth of the solar street lighting market. Solar energy plays an important role in reducing the environment pollution and has a bright prospect of applications. Solar resource is unlimited and the government is trying to implement the use of solar panels as energy source in rural and sub urban areas for lighting the street lights, but the battery used to store the power gets affected due to overcharge and discharges.
The surging urbanization in developing countries has been leading to the rise in demand for energy, and governments of various countries are supporting eco-friendly methods of producing energy. This is driving the demand for solar street lights, globally. The technology in solar street lights are continuously improving over the years, and are expected to make further advancements with supportive government regulations and product innovation.
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Industry Major Key Players:-
Leading players in the global market for solar street lighting are focusing on expanding their production units across several regions over the coming years to gain a competitive edge over other players. As many developed economies have already witnessed a significant deployment of solar lighting and reached a notable place in the global market, emerging economies such as Asia Pacific is expected to present lucrative growth opportunities to manufacturers with the demand for solar street lighting gaining momentum.
We recognize the key players in the global solar street lighting market are VerySol Inc. (U.S.), Solar Street Lights USA (U.S.), Dragons Breath Solar (U.K.), Urja Global Ltd. (India), Solektra International LLC (U.S.), Bridgelux Inc. (U.S.), SOKOYO Solar Group (China), Sunna Design (France), Sol Inc.(U.S.), Philips Lighting Holding B.V.( the Netherlands), and Omega Solar (India).
Major points of TOC:
1 Executive Summary
2 Scope Of The Report
3 Market Landscape
4 Market Dynamics
5 Global Solar Street Lighting Market By Type
5.1 Introduction
5.2 Standalone
5.2.1 Market Estimates & Forecast, 2018-2023
5.2.2 Market Estimates & Forecast By Region, 2018-2023
5.3 On Grid
5.3.1 Market Estimates & Forecast, 2018-2023
5.3.2 Market Estimates & Forecast By Region, 2018-2023
6 Global Solar Street Lighting Market, By Product Type
7 Global Solar Street Lighting Market, By Application
7.1 Introduction
7.2 Residential
7.2.1 Market Estimates & Forecast, 2018-2023
7.2.2 Market Estimates & Forecast By Region, 2018-2023
7.3 Commercial
7.3.1 Market Estimates & Forecast, 2018-2023
7.3.2 Market Estimates & Forecast By Region, 2018-2023
7.4 Industrial
7.4.1 Market Estimates & Forecast, 2018-2023
7.4.2 Market Estimates & Forecast By Region, 2018-2023
To be continued.......
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Solar Street Lighting Market - Regional Analysis
Development is occurring more rapidly in the US and Europe. However, some suppliers also market solar powered LED lighting products to 3rd World countries or developing countries such as India and in the Middle East. Geographically, the global solar street lighting market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Region-wise, the global solar street lighting market was dominated by Asia Pacific. The extensive progress of the Asia Pacific market can primarily be attributed to the proliferating urbanization in countries such as India and China. The growing GDP of dynamic economies in the region, and the increasing high-end technologies from developed regions, are also leading to its progress. Areas with a lack of public infrastructure use a correspondingly larger number of solar products.