Global Solar Street Lighting Market

- Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025

  • Date March 2017
  • price $3619
 
 

Solar street lights work on the principle of photovoltaic cells, which absorb solar radiation and convert it into electrical energy. The electricity produced is stored in the battery, which is drawn by the solar lights when in use. Solar street lights can be standalone or on grid. They are used to illuminate streets, carparks, walkways, jetties, and other public spaces. The Asia-Pacific region is expected to be the dominant contributor to the global solar street lighting market owing to increased spending on renewable energy by emerging economies, such as China and India. The International Renewable Energy Agency (IRENA) anticipates that Indias solar photovoltaic (PV) deployment would be about 209 GW by 2030. Moreover, supportive government policies to the use of renewable power sources is expected to boost growth of the global solar street lighting market. The global solar street lighting market is expected to grow at a CAGR of 22.8% from 2017 to 2025.

The global solar street lighting market is segmented based on type, lighting source, application, and geography. Based on type, the market is divided into standalone and on-grid. Based on lighting source, it is categorized into compact fluorescent lamps (CFL) and light emitting diode (LED). By application, it is classified into residential, commercial, and industrial markets. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

  • Standalone solar street lightings provide light in remote locations
  • Reducing dependency on fossil fuels for energy generation
  • Supportive government policies to reduce carbon foot prints

Restraints:

  • Investment requirements of the solar street lighting is high in developing regions
  • Lack of industry-wide dimming standards for LED lighting

Market Players:

The top players in the global solar street lighting market include Bridgelux Inc., Covimed Solar, Dragons Breath Solar, Elecssol, Fosera, KCP Solar, Omega Solar, Philips Lighting, Solar Street Lights USA, and Su-Kam Power Systems.

KEY TAKEAWAYS
Global Solar Street Lighting Market

MARKET LANDSCAPE

By Type

  • Standalone
  • On-grid

By Lighting Source

  • Compact Fluorescent Lamps (CFL)
  • Light Emitting Diode (LED)

By Application

  • Residential
  • Commercial
  • Industrial

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Solar Street Lighting Market Shares Analysis, 2014-2025
3.4.1. Global solar street lighting market share by type, 2014-2025
3.4.2. Global solar street lighting market share by lighting source, 2014-2025
3.4.3. Global solar street lighting market share by application, 2014-2025
3.4.4. Global solar street lighting market share by geography, 2014-2025
4. Market by Type
4.1. Standalone
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. On-grid
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
5. Market by lighting source
5.1. Compact Fluorescent Lamps (CFL)
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. Light Emitting Diode (LED)
5.2.1. Historical Market Size by Region, 2014-2016
5.2.2. Market Forecast by Region, 2017-2025
6. Market by Application
6.1. Residential
6.1.1. Historical Market Size by Region, 2014-2016
6.1.2. Market Forecast by Region, 2017-2025
6.2. Commercial
6.2.1. Historical Market Size by Region, 2014-2016
6.2.2. Market Forecast by Region, 2017-2025
6.3. Industrial
6.3.1. Historical Market Size by Region, 2014-2016
6.3.2. Market Forecast by Region, 2017-2025
7. Market by Geography
7.1. North America
7.1.1. U.S.
7.1.1.1. Historical Market Size, 2014-2016
7.1.1.2. Market Forecast, 2017-2025
7.1.2. Canada
7.1.2.1. Historical Market Size, 2014-2016
7.1.2.2. Market Forecast, 2017-2025
7.1.3. Mexico
7.1.3.1. Historical Market Size, 2014-2016
7.1.3.2. Market Forecast, 2017-2025
7.2. Europe
7.2.1. UK
7.2.1.1. Historical Market Size, 2014-2016
7.2.1.2. Market Forecast, 2017-2025
7.2.2. Germany
7.2.2.1. Historical Market Size, 2014-2016
7.2.2.2. Market Forecast, 2017-2025
7.2.3. France
7.2.3.1. Historical Market Size, 2014-2016
7.2.3.2. Market Forecast, 2017-2025
7.2.4. Spain
7.2.4.1. Historical Market Size, 2014-2016
7.2.4.2. Market Forecast, 2017-2025
7.2.5. Italy
7.2.5.1. Historical Market Size, 2014-2016
7.2.5.2. Market Forecast, 2017-2025
7.2.6. Rest of Europe
7.2.6.1. Historical Market Size, 2014-2016
7.2.6.2. Market Forecast, 2017-2025
7.3. Asia-Pacific
7.3.1. China
7.3.1.1. Historical Market Size, 2014-2016
7.3.1.2. Market Forecast, 2017-2025
7.3.2. Japan
7.3.2.1. Historical Market Size, 2014-2016
7.3.2.2. Market Forecast, 2017-2025
7.3.3. India
7.3.3.1. Historical Market Size, 2014-2016
7.3.3.2. Market Forecast, 2017-2025
7.3.4. Australia
7.3.4.1. Historical Market Size, 2014-2016
7.3.4.2. Market Forecast, 2017-2025
7.3.5. South Korea
7.3.5.1. Historical Market Size, 2014-2016
7.3.5.2. Market Forecast, 2017-2025
7.3.6. Rest of Asia-Pacific
7.3.6.1. Historical Market Size, 2014-2016
7.3.6.2. Market Forecast, 2017-2025
7.4. LAMEA
7.4.1. Brazil
7.4.1.1. Historical Market Size, 2014-2016
7.4.1.2. Market Forecast, 2017-2025
7.4.2. South Arabia
7.4.2.1. Historical Market Size, 2014-2016
7.4.2.2. Market Forecast, 2017-2025
7.4.3. South Africa
7.4.3.1. Historical Market Size, 2014-2016
7.4.3.2. Market Forecast, 2017-2025
7.4.4. Rest of LAMEA
7.4.4.1. Historical Market Size, 2014-2016
7.4.4.2. Market Forecast, 2017-2025
8. Company profiles
8.1. Bridgelux Inc.
8.1.1. Overview
8.1.2. Financials and business segments
8.1.3. Recent developments
8.2. Covimed Solar
8.2.1. Overview
8.2.2. Financials and business segments
8.2.3. Recent developments
8.3. Dragons Breath Solar
8.3.1. Overview
8.3.2. Financials and business segments
8.3.3. Recent developments
8.4. Elecssol
8.4.1. Overview
8.4.2. Financials and business segments
8.4.3. Recent developments
8.5. Fosera
8.5.1. Overview
8.5.2. Financials and business segments
8.5.3. Recent developments
8.6. KCP Solar
8.6.1. Overview
8.6.2. Financials and business segments
8.6.3. Recent developments
8.7. Omega Solar
8.7.1. Overview
8.7.2. Financials and business segments
8.7.3. Recent developments
8.8. Philips Lighting
8.8.1. Overview
8.8.2. Financials and business segments
8.8.3. Recent developments
8.9. Solar Street Lights USA
8.9.1. Overview
8.9.2. Financials and business segments
8.9.3. Recent developments
8.10. Su-Kam Power Systems
8.10.1. Overview
8.10.2. Financials and business segments
8.10.3. Recent developments

List of Tables

Table 1. Solar Street Lighting Market Share, by Type, 2014-2025, $million
Table 2. Solar Street Lighting Market Share, by Lighting Source, 2014-2025, $million
Table 3. Solar Street Lighting Market Share, by Application, 2014-2025, $million
Table 4. Solar Street Lighting Market Share, by Region, 2014-2025, $million
Table 5. Solar Street Lighting Market Value for Standalone, by Region, 2017-2025, $million
Table 6. Solar Street Lighting Market Value for On-grid, by Region, 2017-2025, $million
Table 7. Solar Street Lighting Market Value for Compact Fluorescent Lamps (CFL), by Region, 2017-2025, $million
Table 8. Solar Street Lighting Market Value for Light Emitting Diode (LED), by Region, 2017-2025, $million
Table 9. Solar Street Lighting Market Value for Residential, by Region, 2017-2025, $million
Table 10. Solar Street Lighting Market Value for Commercial, by Region, 2017-2025, $million
Table 11. Solar Street Lighting Market Value for Industrial, by Region, 2017-2025, $million
Table 12. Solar Street Lighting Market Value for North America, by Country, 2014-2025, $million
Table 13. Solar Street Lighting Market Value for North America, by Type, 2014-2025, $million
Table 14. Solar Street Lighting Market Value for North America, by Lighting Source, 2014-2025, $million
Table 15. Solar Street Lighting Market Value for North America, by Application, 2014-2025, $million
Table 16. Solar Street Lighting Market Value for Europe, by Country, 2014-2025, $million
Table 17. Solar Street Lighting Market Value for Europe, by Type, 2014-2025, $million
Table 18. Solar Street Lighting Market Value for Europe, by Lighting Source, 2014-2025, $million
Table 19. Solar Street Lighting Market Value for Europe, by Application, 2014-2025, $million
Table 20. Solar Street Lighting Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 21. Solar Street Lighting Market Value for Asia-Pacific, by Type, 2014-2025, $million
Table 22. Solar Street Lighting Market Value for Asia-Pacific, by Lighting Source, 2014-2025, $million
Table 23. Solar Street Lighting Market Value for Asia-Pacific, by Application, 2014-2025, $million
Table 24. Solar Street Lighting Market Value for LAMEA, by Country, 2014-2025, $million
Table 25. Solar Street Lighting Market Value for LAMEA, by Type, 2014-2025, $million
Table 26. Solar Street Lighting Market Value for LAMEA, by Lighting Source, 2014-2025, $million
Table 27. Solar Street Lighting Market Value for LAMEA, by Application, 2014-2025, $million
Table 28. Bridgelux Inc. - Company Snapshot
Table 29. Covimed Solar - Company Snapshot
Table 30. Dragons Breath Solar - Company Snapshot
Table 31. Elecssol - Company Snapshot
Table 32. Fosera - Company Snapshot
Table 33. KCP Solar - Company Snapshot
Table 34. Omega Solar - Company Snapshot
Table 35. Philips Lighting - Company Snapshot
Table 36. Solar Street Lights USA - Company Snapshot
Table 37. Su-Kam Power Systems - Company Snapshot

List of Figures

Figure 1. Solar Street Lighting: Standalone Market Value, 2014-2016, $million
Figure 2. Solar Street Lighting: On-grid Market Value, 2014-2016, $million
Figure 3. Solar Street Lighting: Compact Fluorescent Lamps (CFL) Market Value, 2014-2016, $million
Figure 4. Solar Street Lighting: Light Emitting Diode (LED) Market Value, 2014-2016, $million
Figure 5. Solar Street Lighting: Residential Market Value, 2014-2016, $million
Figure 6. Solar Street Lighting: Commercial Market Value, 2014-2016, $million
Figure 7. Solar Street Lighting: Industrial Market Value, 2014-2016, $million
Figure 8. Solar Street Lighting: U.S. Market Value, 2014-2016, $million
Figure 9. Solar Street Lighting: U.S. Market Value, 2017-2025, $million
Figure 10. Solar Street Lighting: Canada Market Value, 2014-2016, $million
Figure 11. Solar Street Lighting: Canada Market Value, 2017-2025, $million
Figure 12. Solar Street Lighting: Mexico Market Value, 2014-2016, $million
Figure 13. Solar Street Lighting: Mexico Market Value, 2017-2025, $million
Figure 14. Solar Street Lighting: UK Market Value, 2014-2016, $million
Figure 15. Solar Street Lighting: UK Market Value, 2017-2025, $million
Figure 16. Solar Street Lighting: Germany Market Value, 2014-2016, $million
Figure 17. Solar Street Lighting: Germany Market Value, 2017-2025, $million
Figure 18. Solar Street Lighting: France Market Value, 2014-2016, $million
Figure 19. Solar Street Lighting: France Market Value, 2017-2025, $million
Figure 20. Solar Street Lighting: Spain Market Value, 2014-2016, $million
Figure 21. Solar Street Lighting: Spain Market Value, 2017-2025, $million
Figure 22. Solar Street Lighting: Italy Market Value, 2014-2016, $million
Figure 23. Solar Street Lighting: Italy Market Value, 2017-2025, $million
Figure 24. Solar Street Lighting: Rest of Europe Market Value, 2014-2016, $million
Figure 25. Solar Street Lighting: Rest of Europe Market Value, 2017-2025, $million
Figure 26. Solar Street Lighting: China Market Value, 2014-2016, $million
Figure 27. Solar Street Lighting: China Market Value, 2017-2025, $million
Figure 28. Solar Street Lighting: Japan Market Value, 2014-2016, $million
Figure 29. Solar Street Lighting: Japan Market Value, 2017-2025, $million
Figure 30. Solar Street Lighting: India Market Value, 2014-2016, $million
Figure 31. Solar Street Lighting: India Market Value, 2017-2025, $million
Figure 32. Solar Street Lighting: Australia Market Value, 2014-2016, $million
Figure 33. Solar Street Lighting: Australia Market Value, 2017-2025, $million
Figure 34. Solar Street Lighting: South Korea Market Value, 2014-2016, $million
Figure 35. Solar Street Lighting: South Korea Market Value, 2017-2025, $million
Figure 36. Solar Street Lighting: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 37. Solar Street Lighting: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 38. Solar Street Lighting: Brazil Market Value, 2014-2016, $million
Figure 39. Solar Street Lighting: Brazil Market Value, 2017-2025, $million
Figure 40. Solar Street Lighting: Saudi Arabia Market Value, 2014-2016, $million
Figure 41. Solar Street Lighting: Saudi Arabia Market Value, 2017-2025, $million
Figure 42. Solar Street Lighting: South Africa Market Value, 2014-2016, $million
Figure 43. Solar Street Lighting: South Africa Market Value, 2017-2025, $million
Figure 44. Solar Street Lighting: Rest of LAMEA Market Value, 2014-2016, $million
Figure 45. Solar Street Lighting: Rest of LAMEA Market Value, 2017-2025, $million
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