Reports and Data has published a new report titled Global Solar Street Lighting Market that covers all the essential features of the Solar Street Lighting market, with key statistical data represented in the form of tables, charts, diagrams, figures, graphs, and other pictorial representation. The report presents a detailed analysis of the industry to project the market growth throughout the forecast period of 2021-2028. It also examines the current trends, offers an analysis of the emerging trends, and provides insightful information of the overall market scenario with regards to market share, market size, revenue growth, CAGR, and comprehensive industry overview.

The COVID-19 pandemic has drastically affected several markets of the world and disrupted businesses globally. The crisis has disrupted the growth the solar energy sector has witnessed over the last couple of decades. With the slowdown in the countries' economies, especially China and India, which are the largest market for solar energy generation, the solar street light market has been largely affected by the COVID-19 pandemic. However, although hit by the pandemic, the market is poised to recover significantly during the forecast timeline. The report further provides a current and future assessment of the impact of the pandemic on the overall growth of the solar street lighting market.

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Market Abstract:

The FMCG industry has been majorly influenced by the rapid growth of e-commerce channels, growing demand for product convenience and transparency about the origin of products, increasing consumer focus on healthier products and sustainable packaging, and increasing disposable income among individuals across the globe. Increasing focus on meat alternatives, rising concerns regarding environmental sustainability and eco-friendly packaging, and increasing focus of key companies to take up the customer driven approach are some key factors expected to positively impact the revenue growth of the market over the forecast period.

The report further discusses in detail the strategic initiatives undertaken by key companies such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches, and brand promotions to gain a robust footing in the market. Key companies operating in the market are profiled on the basis of company overview, financial standing, global and regional market position, production and manufacturing capacity, gross profit margins, and business expansion plans.

Key Companies Profiled in the Report:

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

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The report also analyzes the market status, market share, growth rate, drivers and restraints, hurdles and challenges, threats, sales network and distribution channel, supplies and leverages advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to offer key insights about the competitive landscape of the market. It also covers the strategic marketing approaches undertaken by the prominent players of the industry and provides a detailed study of the mergers and acquisitions, joint ventures, collaborations, corporate and government deals, product launches, brand promotions, and other strategic alliances.

Regional Analysis Covers:

• North America (United States, Canada, Mexico)
• Asia Pacific (China, Japan, South Korea, India, Australia, New Zealand, Rest of APAC)
• Latin America (Brazil, Chile, Peru, Argentina, Rest of Latin America)
• Europe (U.K., France, Italy, Spain, Rest of Europe)
• Middle East & Africa (U.A.E., Saudi Arabia, South Africa, Rest of MEA)

Solar Street Lighting Market Segmentation:

By Type

• Standalone
• On-grid

By Lighting Source

• LED
• Fluorescent Lamp

By Application

• Residential
• Commercial
• Industrial

Key Points Covered in the Report:

• Comprehensive analysis of latest and emerging trends influencing the growth of the market
• SWOT analysis of each major market player along with in-depth analysis of major market players with detailed portfolio of their products, production capacity, revenue estimation, and gross margin
• Market concentration, production and consumption ratio, demand & supply analysis, and import/export
• Strategic recommendations to the new entrants as well as established companies to make beneficial business decisions

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Conclusively, all aspects of the Solar Street Lighting market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.

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