Transparency Market Research Solar Street Lighting Market by Type (Standalone and On Grid), Lighting Source (Compact Fluorescent Lamps (CFL) and Light Emitting Diodes (LED)), Application (Residential, Commercial and Industrial) and Geography (North America, Europe, Asia Pacific, Midd Published Date 20-May-2016 166 Page Report Buy Now Request Sample Press Release Global Solar Street Lighting Market to Expand Rapidly at 23.23% CAGR 20162024, Poised to Reach US$17.78 bn by 2024 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Solar Street Lighting Market REPORT DESCRIPTION Solar Street Lighting Market by Type - Global Industry Analysis, Size, Share, Growth Trends, and Forecast, 2016 - 2024 Transparency Market Research has released a new market report titled “Solar Street Lighting Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast, 2016 - 2024.” According to this report, the global solar street lighting market revenue stood at US$ 2.72 Bn in 2015 and is projected to reach US$ 17.78 Bn by 2024 at a CAGR of 23.23% from 2016 to 2024. Download the Exclusive Report Here : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6532 Solar street lighting is one of the best renewable energy based technologies to power street lights both in grid-based and off-grid systems. The component used for solar street light are solar pane, lighting fixture, controller, rechargeable battery, and pole. Due to their dependency on sunlight, the lighting unit needs to be installed in a shadow-free area or a place where direct sunlight is available throughout the day to sufficiently charge the batteries for one working cycle. The standalone solar photovoltaic street lighting system comprises of a re-chargeable lead acid battery for storage, PV (photovoltaic) modules for charging the battery, light source (Compact Fluorescent Lamps (CFL) and Light Emitting Diodes (LED), suitable electronics for the operation of the tamp and safe charging and discharging of the battery and mechanical hardware for fixing these sub systems. These lighting systems are available either with automatic dusk to dawn operation or with a pre-set timer. Tubular Batteries provided with the solar street lighting system require lower maintenance; have longer life and give better performance as compared to pasted plate batteries used earlier. The solar photovoltaic modules are reported to have a service life of 15-20 years. The solar street lights are widely used in residential (car parking, residential buildings, garden lawns and others), commercial (highways, colonies, rural areas and others) and industrial Current market scenarios have prompted street light manufacturers to look for alternatives that are efficient and provide off-grid power solutions. This gives way to certain drivers that boost the solar street lighting market. One of the most important fundamentals involved with SSL is the fact that they provide a viable solution to street lighting in any terrain, irrespective of whether there is grid connectivity to that location or not. Secondly, they reduce energy load on the economy leading to more fiscal savings for the government as well as the taxpayers. Solar street lights also give the benefit of having negligible maintenance cost, no wiring or transformer costs as well as reduction in carbon footprint. Transparency Market Research 2 Solar Street Lighting Market The Solar street lighting market can be broadly segmented on the basis of types (Standalone and On Grid), applications (Residential, Commercial and Industrial) and lighting source (Compact Fluorescent Lamps (CFL) and Light Emitting Diodes (LED) Asia Pacific was the largest market for Solar Street Lighting globally, accounting for 44% share in 2015. India was the leader in terms of revenue realization from Solar Street Lighting, followed by China, in 2015. Africa was the secondlargest market for solar street lighting in 2015. Kenya, South Africa, Ghana, and Nigeria spearhead the solar street lighting market in Africa with need for clean and reliable source of off-grid electricity. Europe was the third-largest market for solar street lighting, in terms of market share, in 2015. Germany and U.K were the leading countries with highest revenue realization from solar street lighting in 2015. The market in Africa is expected to witness significant growth in the near future and would surpass the growth rate of Asia Pacific market by 2018. This expected growth is the result of numerous initiatives such as subsidies, campaigns, and different programs introduced by the World Bank and International Finance Corporation to promote solar street lighting products. The market in Africa is expected to expand at the highest CAGR during the forecast period. Government policies, local manufacturing, and demand for clean fuel off grid electricity would drive the demand for solar street lighting in Africa. Browse the full Solar Street Lighting Market by Type (Standalone and On Grid), Lighting Source (Compact Fluorescent Lamps (CFL) and Light Emitting Diodes (LED)), Application (Residential, Commercial and Industrial) and Geography (North America, Europe, Asia Pacific, Middle East &Africa and South and Central America) - Global Industry Analysis, Size, Share, Growth Trends, and Forecast, 2016 - 2024 report at http://www.transparencymarketresearch.com/solarstreet-lighting-market.html Some of the key manufacturers of solar street lighting are Philips Lighting Holding B.V., Omega Solar, Bridgelux, Inc., Dragons Breath Solar, SOKOYO Solar Group, Solektra International, Sunna Design, Urja Global Ltd., VerySol GmbH, Solar Street Lights USA and Sol, Inc The Solar Street Lighting market has been segmented as follows: Solar Street Lighting Market: By Region -North America -Europe Transparency Market Research 3 Solar Street Lighting Market -Asia Pacific -Middle East and Africa -South and Central America Solar Street Lighting Market: By Type -Standalone -On Grid Solar Street Lighting Market: By Application -Residential -Commercial -Industrial Solar Street Lighting Market: By Lighting Source -Compact Fluorescent Lamps (CFL) -Light Emitting Diode (LED) Transparency Market Research 4 Solar Street Lighting Market TABLE OF CONTENT CHAPTER 1 PREFACE Report Description Research Scope Market Segmentation Research Methodology CHAPTER 2 EXECUTIVE SUMMARY Solar street lighting Market: Snapshot CHAPTER 3 SOLAR STREET LIGHTING OVERVIEW Introduction Introduction Description of Street Lighting Technology 3.2.1 Mercury 3.2.2 High pressure sodium 3.2.3 Induction 3.2.4 New ceramic 3.2.5 Light Emitting Diodes Overview of components used in Solar Street Lighting 3.3.1 Solar Panels 3.3.2 Batteries 3.3.3 Control System 3.3.4 Others Value Chain Analysis Market Dynamics Growth Driver Increasing demand for clean and cost effective energy Increasing adoption of off grid energy Decreasing manufacturing costs of solar based components and equipment Restraints High initial capital and installation costs Opportunities Demand for off-grid electricity would increase significantly in future Porter’s Five Forces Analysis for the solar street lighting Suppliers’ Power Buyers’ Power Transparency Market Research 5 Solar Street Lighting Market Threat from New Entrants Threat from Substitutes Degree of Competition Market Attractiveness Analysis of solar street lighting, by Region (2014) North America Europe Asia Pacific Middle East and Africa South and Central America CHAPTER 4 SOLAR STREET LIGHTING MARKET – BY TYPE, BY VOLUME, BY REVENUE, SEGMENT ANALYSIS, 2014 – 2024 (MILLION UNITS) (US$ BN) Overview Standalone On-Grid CHAPTER 5 SOLAR STREET LIGHTING MARKET – BY APPLICATION, BY VOLUME, BY REVENUE, SEGMENT ANALYSIS, 2014 – 2024 (MILLION UNITS) (US$ BN) Overview Residential Commercial Industrial CHAPTER 6 SOLAR STREET LIGHTING MARKET – BY LIGHTING SOURCE, BY VOLUME, BY REVENUE, SEGMENT ANALYSIS, 2014 – 2024 (MILLION UNITS) (US$ BN) Overview Compact Fluorescent Lamps (CFL) Light Emitting Diode (LED) CHAPTER 7 SOLAR STREET LIGHTING MARKET – BY REGION, BY REVENUE, 2014 – 2024 (MILLION UNITS) (US$ BN) Overview North America U.S. Canada Rest of North America Europe U.K. Germany Rest of Europe Asia Pacific India Transparency Market Research 6 Solar Street Lighting Market China Malaysia Rest of Asia Pacific Middle East and Africa Kenya Ghana Nigeria Uganda South Africa Rest of Middle East and Africa South and Central America Brazil Peru Rest of South and Central America CHAPTER 8 COMPANY PROFILES Philips Lighting Holding B.V Company Overview Financial Overview Business Strategy SWOT Analysis Recent Developments (Note: Similar data points will be provided for the companies mentioned below) Bridgelux, Inc. Sol, Inc SOKOYO Solar Group Omega Solar Dragons Breath Solar Solektra International Solar Street Lights USA Sunna Design Urja Global Ltd. VerySol GmbH Browse All Energy Market Research Reports: http://www.transparencymarketresearch.com/energy-market-reports-3.html Transparency Market Research 7 Solar Street Lighting Market About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Browse The Market Research Blog : http://CMFEGlobalReports.blogspot.com/ Transparency Market Research 8
Global Solar Street Lighting Market is projected to reach US$17.78 bn by 2024; Market for Solar Street Lighting in Africa is expected to witness significant growth by 2024.Solar street lighting is one of the best renewable energy based technologies. Download the Excluisve Report Sample Here : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6532
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