The global solar street lighting market is gaining remarkably from the overwhelming support of various governments across the world, trying hard to conserve energy and reduce carbon footprints. The continual rise in the energy cost and the augmenting demand for electricity, worldwide, has prompted a number of governments to involve with international as well as regional non-governmental organizations (NGOs) for launching ... Read more
The emergence of smart city projects, governments’ stringent regulations and support, and decreasing solar component costs are some of the factors playing a significant role in the growth of the solar street lighting market. In 2016, the market generated a revenue of $2.8 billion, and it is predicted to attain a size of more than $10.8 billion, progressing at a CAGR of 21.2% during 2017–2023 (forecast period).
