Categories
Press Release

Solar Street Lighting Market Insights By Revenue, Upcoming Trends And Top Players Forecast Till 2026

The rising demand for energy in across the world is propelling the growth of the global solar street lighting market, says Fortune Business Insights in a report, titled “Solar Street Lighting”  Market Size, Share and Global Trend by Product Type (CFL, LED), By Connection Type (Standalone, Grid Connected), By End User (Commercial, Residential, Industrial), And Geography Forecast till 2026.” The rising preference shift towards green energy is contributing positively towards the solar street lighting market.

Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/solar-street-lighting-market-100585

Some of the major companies that are present in the global solar street lighting market are

  • Philips Lighting Holding B.V
  • SOKOYO Solar Group
  • Su-Kam
  • Dragons Breath Solar
  • VerySol Inc.
  • Sunna Design
  • Urja Global Ltd.
  • Bridgelux Inc.
  • Solar Street Lights USA
  • Sol Inc
  • Omega Solar
  • Solektra International LLC
  • Yingli Solar
  • Greenshine New Energy.

For more information in the analysis of this report, visit https://www.fortunebusinessinsights.com/industry-reports/solar-street-lighting-market-100585

sources is driving the global street light industry. However, the high installation cost of solar panels is one of the factors restraining the growth of the global solar street lighting market.

Key Market Driver – Drift toward renewable sources of energy due to environmental considerations

Key Market Restraint – High initial cost associated with the installation of solar panels

Europe to Contribute Significantly to the Global Market

Geographically, the global solar street lighting market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to witness high growth due to strict carbon emission regulations and government initiatives towards green energy sources which in turn is boosting the market in the region. Europe is predicted to dominate the global solar street lighting market owing to advanced technology and an efficient distribution network. Other countries in Europe such as Italy, the UK, and Spain are also witnessing significant growth. In the Asia Pacific, rapid urbanization, drift towards green energy and government initiatives for solar installations are supporting the growth of solar street lighting market. China and India are the key markets in this region. South Africa has been the most successful country in the production of solar energy in the Middle East region. Thus this factor is expected to support the expansion of the solar light industry in the region.

Request for customization https://www.fortunebusinessinsights.com/enquiry/customization/solar-street-lighting-market-100585

Key Segmental Overview:

1. By Product Type

  • CFL
  • LED

2. By Connection Type

  • Standalone
  • Grid Connected

3. By End-User

  • Commercial
  • Residential
  • Industrial

4. By Geography

  1. North America (USA and Canada)
  2. Europe (UK, Germany, France, Netherlands, Norway, Russia and Rest of Europe)
  3. Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  4. Latin America (Brazil, Mexico, Argentina, Venezuela, Chile and Rest of Latin America)
  5. Middle East & Africa (South Africa, GCC, Nigeria and Rest of Middle East & Africa)

Key Industry Developments

  • In Apr 2019, Hitechled launched new type of all in one integrated solar street light with innovation draw design which holds LED lamp, solar panel, lithium battery and controller.
  • In Dec 2018, India is going to invest D7.13 million to install 304,500 solar street light under second phase of Atal Joyti Yojna.
  • In Dec 2018, Nigerian street light poised to exceed D200 million by 2024 owing to government initiatives and foreign investment towards the development of renewable energy sector.

Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/solar-street-lighting-market-100585

Major Table of Content For Solar Street Lighting Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Solar Street Lighting Market Analysis, Insights and Forecast, 2026
  6. North America Solar Street Lighting Market Analysis, Insights and Forecast, 2026
  7. Europe Solar Street Lighting Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Solar Street Lighting Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Solar Street Lighting Market Analysis, Insights and Forecast, 2026
  10. Latin America Solar Street Lighting Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

(Have a Look at Reports Trending in “Energy & Power” Industry)

View Related Reports:

Switchgear Market to Rise at a Healthy CAGR of 6.84% from 2019-2026; Recent Product Innovations to Provide Impetus to Growth

Advanced Energy Storage Market anticipated to reach US$ 211 Bn by 2026

Carbon Capture and Sequestration Market anticipated to reach USD 5.6 Bn by 2026

About Us
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.

Phone
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Email: [email protected] 

Arthur Siegrist

By Arthur Siegrist

Arthur has nearly a decade of media experience. Before joining FBI Market News, he ran content operations of several local news journals. He also vast experience stock market, corporate communications, public relations, and digital marketing. Arthur holds a commerce degree from the University of Oakland and a post-graduate degree in English from NYU.