Solar Street Lighting Market Poised to Grow at a CAGR of 23.7% by 2024
-
By admin
-
January, 1970
Infinium Global Research has added a new report on Solar Street Lighting Market. The
report presents analysis of global as well as regional markets of solar street
lighting market over the period of 2016 to 2024. Various government and
associations are taking initiative to adopt the sustainable energy sources to
provide eco-friendly and energy saving solutions. The rising demand for
eco-friendly sustainable energy applications drives the growth of the solar
street lighting market. The solar street lighting is able to provide
high-quality, clear lighting with considerable energy savings in an
eco-friendly way that is likely to boost the growth of solar street lightening
market. The solar street lighting system also offers the improved color
rendering and slower depreciation than traditional street lights which in turn,
drives the demand for solar street lighting products. Moreover, the reduction of cost of various
solar street lighting components including LED, CFL, and others are
contributing to the growth of the solar street lighting market. The rising consumer's inclination towards the
eco-friendly and renewable and energy saving solutions are projected to create
several opportunities for the solar street lighting market in upcoming years.
Regionally, North America to hold the largest market share in
the solar street lighting market owing to the Rising demand for enhanced energy
management coupled with rising solar energy installations. In addition, the
Asia Pacific is the fastest growing region in the solar street lighting market.
The governments of various countries in the Asia Pacific region promotes the
adoption of solar systems for the various application that drives the growth of
the solar street lighting market in the Asia Pacific region Moreover, the
growth matrix presented by Infinium Global Research identifies the key
investment markets in the near future, this will not only help the companies to
understand the competitive position in the global solar street lighting market
but also make strategic decisions to capture the most lucrative markets in the
near future. The market size is presented in terms of value for the historic
year 2016 and estimated for forecast period of 2018-2024.
Get 15% discount for
early purchase of global solar street lighting market report by clicking the
following link, Use code IGRD15 to request the discount in the given form
https://www.infiniumglobalresearch.com/reports/request-discount/1561
The recent report identified that Asia Pacific dominated the
global solar street lighting market over the last couple of years, while
emerging markets of Asia-Pacific and Latin America are anticipated to
contribute significantly to the growth in the solar street lighting market
worldwide.
The report segments the global solar street lighting market on
the basis of Lighting Source and Applications.
Global Solar Street Lighting Market by Lighting Source
·
Compact Fluorescent Lamps (CFL)
·
Light Emitting Diode (LED)
Global Solar Street Lighting Market by
Applications
·
Commercial
·
Industrial
·
Residential
Companies Profiled in the Report
·
Philips Lightin
·
VerySol GmbH
·
Omega Solar
·
Solektra International
·
SOKOYO Solar Group
·
Solar Street Lights USA
·
Urja Global Ltd
·
Sol, Inc.
·
Bridgelux
·
Dragons Breath Solar
About Infinium Global Research
Infinium Global Research is a business intelligence company
that provides its clients with market information services, solutions, and
reports. The intelligence reports include qualitative as well as quantitative
information, which are blended using forecasting models in order to project
future market demand. Our panels of Subject Matter Experts (SMEs), Analysts,
and Consultants use numerous data gathering tools in order to provide you with
detailed information on the market as well as a preview of its projected
growth. Our repository includes the largest and most credible databases,
through which we determine various qualitative and quantitative parameters of
the market to provide you with an in-depth business intelligence report.
Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.