Coronavirus impact on Solar Street Lights Market Growing Demand, Size, Share & Future Trends To 2028

AUG 26 2020: The global Solar Street Lights market is expected to witness a stupendous CAGR in the years to come. This could be attributed to various initiatives taken by the governments like feed in tariff (FIT) and net metering. Besides, reduction in transmission losses coupled with integrating smart grid technology are expected to give an impetus to business.

The other factors driving the market of solar street lights could be stern regulatory reforms in the direction of sustainable infrastructure along with commitment on the global grounds regarding climate change mitigation. Moreover, public and private funding via several schemes and investments in long-term legislative programs related to off-grid areas’ electrification with bolster the market. Clean energy sources are need of the hour. Solar technologies have been reported to surpass conventional sources. As such, investments are “ON” toward refurbishing traditional mode of energy generation. Additionally, declining costs of batteries and advanced product design have lessened far-off regions’ lighting component process. We could get a proper alternative for municipalities and households therein.

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Industrial application is expected to transcend all the barriers by 2028. Increase in onsite electricity generation along with initiatives regarding advanced smart control networking is expected to boost the Solar Street Lights Market. The same market growth would be complemented by increasing requirement for optimization of energy. At the same time, the market may get restrained due to high installation cost.

The Solar Street Lights Market is segmented based on product, luminaries, application, and geography. By product, the segmentation goes like grid-connected and standalone. By luminaries, the market could span CFL and LED. By application, the market of solar street lights comprises industrial, commercial, and residential. By geography, it says North America, Europe, Asia Pacific, MEA, and LATAM. Europe rules the roost due to growing adoption of solar street lights across numerous sectors. Asia Pacific comes second. The government of India is pestering on usage of renewable energy sources (solar energy in particular).

The players contributing to the Solar Street Lights Market include Sunna Design, Urja Global, Solux, Omega, Leadsun, SEPCO, Su-Kam, Sol, Exide Industries, Jinhua SunMaster, Zhuhai Bomin, Philips Lighting, SOKOYO, Covimed, Orion, Solar G, Bisol, Greenshine New Energy, Anhui Longvolt, Dragons Breath, Solar Lighting International, Shenzhen Spark Optoelectronics, Solar Street Lights USA, and Bridgelux.

The global Solar Street Lights market was valued at $XX million in 2018, and Radiant Research analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028.

This report provides detailed historical analysis of global market for Solar Street Lights from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Solar Street Lights market.

Leading players of Solar Street Lights including:

• Philips

• Tata Power Solar Systems

• Bisol

• Leadsun

• Su-Kam Power Systems

• Urja Global

• Solar Electric Power Company (SEPCO)

• Jiawei

• Yingli Solar

• King-sun

• BYD

• Shenzhen Spark Optoelectronics S&T

Market split by Type, can be divided into:

• Standalone

• Grid Connected

Market split by Application, can be divided into:

• Residential

• Municipal Infrastructure

• Others

Market split by Sales Channel, can be divided into:

• Direct Channel

• Distribution Channel

Market segment by Region/Country including:

• North America (United States, Canada and Mexico)

• Europe (Germany, UK, France, Italy, Russia and Spain etc.)

• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

• South America Brazil, Argentina, Colombia and Chile etc.)

• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

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Table of Contents

Chapter 1 Solar Street Lights Market Overview

1.1 Solar Street Lights Definition

1.2 Global Solar Street Lights Market Size Status and Outlook (2013-2028)

1.3 Global Solar Street Lights Market Size Comparison by Region (2013-2028)

1.4 Global Solar Street Lights Market Size Comparison by Type (2013-2028)

1.5 Global Solar Street Lights Market Size Comparison by Application (2013-2028)

1.6 Global Solar Street Lights Market Size Comparison by Sales Channel (2013-2028)

1.7 Solar Street Lights Market Dynamics

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Risks

1.7.3 Market News (Mergers/Acquisitions/ Expansion)

Chapter 2 Solar Street Lights Market Segment Analysis by Player

2.1 Global Solar Street Lights Sales and Market Share by Player (2016-2018)

2.2 Global Solar Street Lights Revenue and Market Share by Player (2016-2018)

2.3 Global Solar Street Lights Average Price by Player (2016-2018)

2.4 Players Competition Situation & Trends

2.5 Conclusion of Segment by Player

Chapter 3 Solar Street Lights Market Segment Analysis by Type

3.1 Global Solar Street Lights Market by Type

3.1.1 Standalone

3.1.2 Grid Connected

3.2 Global Solar Street Lights Sales and Market Share by Type (2013-2018)

3.3 Global Solar Street Lights Revenue and Market Share by Type (2013-2018)

3.4 Global Solar Street Lights Average Price by Type (2013-2018)

3.5 Leading Players of Solar Street Lights by Type in 2018

3.6 Conclusion of Segment by Type

Continued………………….


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