The solar street lighting market is gaining tremendous support from government organizations as well as energy companies to reduce the carbon emission from the traditional energy sources. The increasing energy cost, lack of energy sources, and augmented demand for electricity across the world need new sources for energy. Therefore, the government, several nationals, and international associations conducted various programs and offered subsidies and concessions to use solar lighting systems. Therefore, energy companies in emerging countries are generating solar-based energy which will full fill the ever-growing demand for street lighting. For instance, recently the Indian government has replaced 35 million street lights as well as 800 million incandescent bulbs with LED bulbs that work on solar energy. The Increasing investment in new road construction in emerging countries fuel the demand for solar street lighting for optimum utilization of available energy sources.
The Solar Street Lighting market report comprises a detailed executive summary, which includes the snapshot of Solar Street Lighting market, major segment market share, CAGR of the market as well as the impact analysis of market drivers and restraints. The report also provides information and data analysis of the Solar Street Lighting market based on segments. The qualitative analysis of the report consists of drivers, restraints, market opportunities, and growth factors.
The competitive landscape section of the report includes the competitive dashboard, company profile and portfolio analysis. The competitive dashboard consists of a list of market players including and their geographical presence, overall revenue, market share, employee size, production capacity, investments and basic details of the firm. In the company profile section, the report provides each player offerings, detailed financial analysis, strategies and SWOT analysis. The detailed analysis of each player helps clients to understand the competitive environment while taking strategic business decisions in the market.
- Philips Lighting Holding B.V
- Dragons Breath Solar
- SOKOYO Solar Group
- Sol Inc.
- Bridgelux Inc. are some of the leading names in the global solar street lighting market. Some of the other companies include Omega Solar
- Solektra International
- MarSunna Design
- Yingli Solar
- Leadsun VerySol GmbH
- Urja Global Ltd.
- Solar Street Lights USA
The Solar Street Lighting market is segmented as below
Solar Street Lighting Segments
In the segmental analysis, the report provides a detailed analysis of major segments. Further, each major segment is analyzed based on sub-segment, growth factors, market trends, and government regulations of the Solar Street Lighting market. The segmental analysis section also provides the market share analysis of the vendors and their strategies to sustain their position in the market.
The Solar Street Lighting market report also provides a thorough analysis of qualitative and quantitative factors of the market. In the qualitative analysis, the report provides a detailed analysis of PESTEL analysis, Porter’s five, value chain analysis, SWOT analysis, parent market analysis, market trends, micro, and macroeconomic factor analysis. In quantitative analysis, the report includes the market estimation and forecasting of each segment. It provides year on year growth rate, CAGR, market numbers from 2019 to 2025. While estimating the key players market share, Market Density considers all quantitative and qualitative factors and expert view of the industry experts.
The Solar Street Lighting market report follows the top-down and bottom-up approach to estimate the market value. In this approach, the report considered primary and secondary research. In the primary research, multiple interviews were conducted with CEOs, CFOs, and product managers of the leading players. The interviews also include the subject matter expert, investors, and end-user interviews. Secondary research includes company annual reports, press releases, whitepapers, market players’ association news portal, government portal, and journals.
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