Market Scenario

Solar power is gaining popularity as a dependable source for street lighting all over the world. Some of the benefits associated with solar street lights include reduced dependence on conventional energy, conservation of energy and less reliance on the national grid. The warm countries that get abundant sunlight, solar lights are the best option to illuminate the streets, garden, parks and other public spaces. The concerns about fossil fuel deficit are increasing. Thus rising oil prices, global warming, and damage to environment and ecosystem, the promising incentives to develop alternative energy resources with high efficiency and low emission are of great importance. Among the renewable energy resources, the energy through the photovoltaic (PV) effect can be considered the most essential and prerequisite sustainable resource because of the abundance, and sustainability of solar radiant energy.

The primary driver of the global solar street lighting market is the rising assertion of the adverse effects of the traditional forms of energy attained from the conventional fuel types and degrading levels of fossil fuels in natural reservoirs across the globe. As a result of this, governments across the world are supporting and promoting the development and use of electricity through sustainable sources of energy. In areas where grid electricity cannot be provided, off-grid energy has played significant role, thus pushing solar street lighting market towards growth.

 Key Players

• VerySol Inc.
• Solar Street Lights USA
• Dragons Breath Solar 
• Solektra International LLC 
• Bridgelux Inc.
• SOKOYO Solar Group
• Sunna Design 
• Sol Inc.

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Taste the market data and market information presented through more than 30 market data tables and 25 figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Solar Street Lightings Report -Forecast to 2023”.

Table Of Content:

Market Landscape

• Porter’s Five Forces Analysis
• Threat Of New Entrants
• Bargaining Power Of Buyers
• Bargaining Power Of Suppliers
• Threat Of Substitutes
• Segment Rivalry
• Value Chain/Supply Chain Analysis

Market Dynamics

• Introduction
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Trends

Global Solar Street Lighting Market By Type

• Introduction
• Standalone
• Market Estimates & Forecast, 2018-2023
• Market Estimates & Forecast By Region, 2018-2023

On Grid

• Market Estimates & Forecast, 2018-2023
• Market Estimates & Forecast By Region, 2018-2023

Global 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.

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