Global Solar Street Lights Market Report, History and Forecast 2013-2025
QY © Ankit Jain
This report studies the Solar Street Lights market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
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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 R&D, innovation and services, then they may get the competition advantage, and get a bigger market share.
The global Solar Street Lights market was 2950 million US$ in 2017 and is expected to 10400 million US$ by the end of 2025, growing at a CAGR of 17.0% between 2018 and 2025.
Click to view the full report TOC, figure and tables: https://www.qyresearch.com/index/detail/516165/global-solar-street-lights-market
About QY Research Inc.
QY Research was established in Beijing in 2007. For 10 consecutive years, QY Research has grown to be a leader in the well-known survey of global industry segments; with operations in more than 100 countries around the world, we have fixed marketing partners in more than 30 countries around the world, and professional research teams in the United States, Beijing, Guangzhou, Shenzhen, Changsha, and Shanghai.
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QY Research, INC.
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Suite 218,
City of industry, CA - 91748
USA: +1 626 295 2442
Email – enquiry@qyrsearch.com
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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.
Request Sample Copy of the Report @ https://www.qyresearch.com/sample-form/form/516165/global-solar-street-lights-market
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 R&D, innovation and services, then they may get the competition advantage, and get a bigger market share.
The global Solar Street Lights market was 2950 million US$ in 2017 and is expected to 10400 million US$ by the end of 2025, growing at a CAGR of 17.0% between 2018 and 2025.
Click to view the full report TOC, figure and tables: https://www.qyresearch.com/index/detail/516165/global-solar-street-lights-market
About QY Research Inc.
QY Research was established in Beijing in 2007. For 10 consecutive years, QY Research has grown to be a leader in the well-known survey of global industry segments; with operations in more than 100 countries around the world, we have fixed marketing partners in more than 30 countries around the world, and professional research teams in the United States, Beijing, Guangzhou, Shenzhen, Changsha, and Shanghai.
Contact US
QY Research, INC.
17890 Castleton,
Suite 218,
City of industry, CA - 91748
USA: +1 626 295 2442
Email – enquiry@qyrsearch.com
Web – www.qyresearch.com