The global Solar Street Lights market was valued at 295 Million USD in 2020 and will grow with a CAGR of 17.14% from 2020 to 2027, based on newly published Research report.
In the forecast period of 2022-2027, the global “Solar Street Lights Market” is expected to grow at a steady rate, according to an Solar Street Lights Market report, which summarizes the key aspects of the market, as well as the leading key players, leading regions, and key applications. The report focuses on both qualitative and quantitative aspects of the market growth over 2022-2027. It contains pages of 165 with detailed analysis, which is followed by a table of contents.
During the COVID-19 period, the global economy may be affected in three different ways: directly as it relates to production and demand, indirectly as it relates to supply chains and markets, and as a result of its financial consequences on firms and financial markets. Analysts monitoring the situation around the world explain that producers will be rewarded after the COVID-19 crisis. In this report, we provide an additional illustration of the latest economic slowdown, COVID-19 impact on the industry, and the latest scenario.
Final Report will add the analysis of the impact of COVID-19 on this industry.
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This Solar Street Lights Market report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of the Solar Street Lights Market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and verified primary sources.
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The research covers the current Rectifiers market size of the market and its growth rates based on 6-year records with a company outline ofKey Players/Manufacturers:
- 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 SandT
Solar Street Lights Market Analysis and Insights:
The Global Solar Street Lights Market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2027. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
The global Solar Street Lights market was valued at 295 Million USD in 2020 and will grow with a CAGR of 17.14% from 2020 to 2027, based on newly published Research report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Solar street lights are raised light sources which are powered by photovoltaic panels generally mounted on the lighting structure or integrated in the pole itself. The photovoltaic panels charge a rechargeable battery, which powers a fluorescent or LED lamp during the night.Asia Pacific was the largest revenue market with a market share of 35.56% in 2012 and 38.93% in 2017 with an increase of 3.37%. Middle East and Africa ranked the second market with the market share of 27.51% in 2016. Also, the Asia Pacific market for Solar Street Lights is expected to be the market with the most promising growth rate. Rising per capita income of people in emerging economies such as China, India, Philippines, Thailand, and Vietnam has led to an increase in demand. Solar Street Lights companies are mainly from Europe and United States, the industry concentrate rate is low. The top three companies are Philips, Tata Power Solar Systems, Jiawei, with the revenue market share of 6.31%, 3.04%, and 2.22% in 2016. The growth of the Solar Street Lights market is largely driven by downstream applications. What is more, governments of numerous countries are encouraging the adoption of solar street lighting as they are eco-friendly and cost-efficient. Advanced solar street lighting systems save significant energy. Although sales of Solar Street Lights brought some opportunities, the study group recommends the new entrants who has not technical advantage and downstream support do not enter into the Solar Street Lights field. As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. What is more, the company in this industry should pay attention to their RandD, innovation and services, then they may get the competition advantage, and get a bigger market share.
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The report further studies the market development status and future Solar Street Lights Market trend across the world. Also, it splits Solar Street Lights Market Segmentation by Type and by Application to fully and deeply research and reveal market profile and prospects.
On the basis of product typethis report displays the production, revenue, price, market share and growth rate of each type, primarily split into:
- Standalone
- Grid Connected
On the basis of the end users/applications,this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:
- Residential
- Municipal Infrastructure
Chapters 7-26 focus on the regional market. We have selected the most representative20 countriesfrom197 countriesin the world and conducted a detailed analysis and overview of the market development of these countries.
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Some of the key questions answered in this report:
- What is the global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) sales value, production value, consumption value, import and export of Solar Street Lights?
- Who are the global key manufacturers of the Solar Street Lights Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Solar Street Lights market opportunities and threats faced by the vendors in the global Solar Street Lights Industry?
- Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
- What focused approach and constraints are holding the Solar Street Lights market?
- What are the different sales, marketing, and distribution channels in the global industry?
- What are the upstream raw materials and manufacturing equipment of Solar Street Lights along with the manufacturing process of Solar Street Lights?
- What are the key market trends impacting the growth of the Solar Street Lights market?
- Economic impact on the Solar Street Lights industry and development trend of the Solar Street Lights industry.
- What are the market opportunities, market risk, and market overview of the Solar Street Lights market?
- What are the key drivers, restraints, opportunities, and challenges of the Solar Street Lights market, and how they are expected to impact the market?
- What is the Solar Street Lights market size at the regional and country-level?
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Major Points from Table of Contents
Global Solar Street Lights Market Research Report 2022-2027, by Manufacturers, Regions, Types and Applications
1 Introduction
1.1 Objective of the Study
1.2 Definition of the Market
1.3 Market Scope
1.3.1 Market Segment by Type, Application and Marketing Channel
1.3.2 Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
1.4 Years Considered for the Study (2017-2027)
1.5 Currency Considered (U.S. Dollar)
1.6 Stakeholders
2 Key Findings of the Study
3 Market Dynamics
3.1 Driving Factors for this Market
3.2 Factors Challenging the Market
3.3 Opportunities of the Global Solar Street Lights Market (Regions, Growing/Emerging Downstream Market Analysis)
3.4 Technological and Market Developments in the Solar Street Lights Market
3.5 Industry News by Region
3.6 Regulatory Scenario by Region/Country
3.7 Market Investment Scenario Strategic Recommendations Analysis
4 Value Chain of the Solar Street Lights Market
4.1 Value Chain Status
4.2 Upstream Raw Material Analysis
4.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
4.4 Distributors/Traders
4.5 Downstream Major Customer Analysis (by Region)
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5 Global Solar Street Lights Market-Segmentation by Type
6 Global Solar Street Lights Market-Segmentation by Application
7 Global Solar Street Lights Market-Segmentation by Marketing Channel
7.1 Traditional Marketing Channel (Offline)
7.2 Online Channel
8 Competitive Intelligence Company Profiles
9 Global Solar Street Lights Market-Segmentation by Geography
9.1 North America
9.2 Europe
9.3 Asia-Pacific
9.4 Latin America
9.5 Middle East and Africa
10 Future Forecast of the Global Solar Street Lights Market from 2022-2027
10.1 Future Forecast of the Global Solar Street Lights Market from (2022-2027) Segment by Region
10.2 Global Solar Street Lights Production and Growth Rate Forecast by Type (2022-2027)
10.3 Global Solar Street Lights Consumption and Growth Rate Forecast by Application (2022-2027)
11 Appendix
11.1 Methodology
12.2 Research Data Source
Continued….
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