The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising need for clean energy is likely to spur innovation in solar street lighting production, propelling the market during the forecast period.

The global solar street lighting market is expected to grow from $7.58 billion in 2022 to $8.95 billion in 2023 at a compound annual growth rate (CAGR) of 18.1%. The global solar street lighting market size is expected to reach $16.74 billion in 2027 at a CAGR of 16.9%.

Get A Free Sample On The Global Solar Street Lighting Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9148&type=smp

Global Solar Street Lighting Market Segments Include:

• By Type: Portable, Standalone, Centralized
• By Component Type: Controller, Lamp, Solar Panel, Sensors, Battery, Other Components
• By Luminaries: Light Emitting Diode, Compact Fluorescent Lamps
• By Application: Parking Lot, Highway And Roadway, Airport Runway, Manufacturing Site
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global solar street lighting market in 2021.

Major Market Players in the solar street lighting market include Acuity Brands Inc., Bajaj Electricals Limited, Bridgelux Inc., Cooper Lighting LLC, Dragons Breath Solar, Jiangsu Sokoyo Solar Lighting Co Ltd., Signify Holding B.V, Solektra Solar Energy.

Product innovation is a crucial trend that is gaining traction in the solar street lighting industries. To maintain their market position, major businesses in the solar street lighting market are producing innovative products. For example, Servotech Power Systems, an India-based green energy company, introduced a 2in1 solar street light in November 2021 to provide high-quality illumination for outdoor locations. This series has two product variations: an integrated and dual-purpose solar street light with over 105lm/W of light output, a lifespan of over 50000 hours, and an IP 66 rating to assure protection even in the most difficult outdoor circumstances. The solar PV modules used in these lamps are extremely efficient polycrystalline that has been used and tested for longer durability and can withstand very corrosive atmospheres and large wind loads, increasing charging efficiency by around 25%. Solar street lights can be used on streets and roads, highways, compounds, parks, boundary walls, parking lots, military and civilian security posts, airports, and other locations.

The Solar Street Lighting Global Market Report 2023  provides a solar street lighting market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The solar street lighting market forecast analyzes solar street lighting market size, solar street lighting market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Solar street lighting consists of illuminating roadways using solar panels, which are often mounted on the lighting structure or integrated with the pole itself, and charge rechargeable batteries to power fluorescent or LED lamps at night.

Explore Similar Reports From The Business Research Company:

Solar Photovoltaic Panel Manufacturing Global Market Report 2023

Street And Roadway Lighting Global Market Report 2023

Solar Shading Systems Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: