Solar Powered LED Street Light Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Standalone, Grid Connected); Application (Residential, Commercial, Industrial, Others) and Geography

Report Code: TIPRE00022611 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Upcoming

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MARKET INTRODUCTION

Solar street lights (SSL) are widely used for outdoor street lighting as solar power is their primary source of electricity. These lighting mediums worked independently of traditional sources of electricity, obviating the need for a general grid to meet any power requirements. Solar street light system uses various kind of lighting system such as, CFL, LED, photovoltaic. But among them LED solar lights are commonly used because of their durability and ability to produce more brightness in the dark. The key market drivers for solar powered LED street light market are, increased demand for solar energy, rising need for affordable lighting system and technological advancements.

MARKET SCOPE

The "Global Solar Powered LED Street Light Market Analysis to 2028" is a specialized and in-depth study of the Solar powered LED street light Market with a special focus on the global market trend analysis. The report aims to provide an overview of Solar powered LED street light market with detailed market segmentation by type and application. The global solar powered LED street light market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading solar powered LED street light market player and offers key trends and opportunities in the solar powered LED street light market.

MARKET SEGMENTATION

  •   Based on the type the market is segmented as, standalone and grid connected.
  •   Further, on the basis of application the market is segmented as, residential, commercial, industrial, and others.

    MARKET DYNAMICS

    Drivers-
  •   Technological advancements solar energy systems
  •   Growing demand for affordable electricity and power generation across the globe.
  •   Increasing off grid electricity demand
  •   Rising adoption of solar system in place of conventional energy systems.
    Restraints-
  •   The market growth is restrained by high initial cost of the setup and need for frequent maintenance.

    REGIONAL FRAMEWORK

    The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global solar powered LED street light market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The solar powered LED street light market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

    The report analyzes factors affecting solar powered LED street light Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the solar powered LED street light market in these regions.
    IMPACT OF COVID-19 ON SOLAR POWERED LED STREET LIGHT MARKET
    COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.



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    MARKET PLAYERS


    The reports cover key developments in the solar powered LED street light market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from solar powered LED street light market are anticipated to lucrative growth opportunities in the future with the rising demand for solar powered LED street light market. Below mentioned is the list of few companies engaged in the Solar powered LED street light market.

    The report also includes the profiles of key solar powered LED street light market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

    •   Bridgelux
    •   Solar Street Lights USA
    •   Shenzhen Spark Co., Ltd
    •   Solar Lighting International Inc
    •   Anhui Longvolt
    •   Greenshine New Energy
    •   BISOL Group, d.o.o
    •   SOKOYO
    •   Philips Lighting
    •   Aura Energy

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  • TABLE OF CONTENTS

    1. INTRODUCTION
    1.1. SCOPE OF THE STUDY
    1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
    1.3. MARKET SEGMENTATION
    1.3.1 Solar Powered LED Street Light Market - By Type
    1.3.2 Solar Powered LED Street Light Market - By Application
    1.3.3 Solar Powered LED Street Light Market - By Region
    1.3.3.1 By Country

    2. KEY TAKEAWAYS

    3. RESEARCH METHODOLOGY

    4. SOLAR POWERED LED STREET LIGHT MARKET LANDSCAPE
    4.1. OVERVIEW
    4.2. PORTER'S FIVE FORCES ANALYSIS
    4.2.1 Bargaining Power of Buyers
    4.2.1 Bargaining Power of Suppliers
    4.2.1 Threat of Substitute
    4.2.1 Threat of New Entrants
    4.2.1 Competitive Rivalry
    4.3. ECOSYSTEM ANALYSIS
    4.4. EXPERT OPINIONS

    5. SOLAR POWERED LED STREET LIGHT MARKET - KEY MARKET DYNAMICS
    5.1. KEY MARKET DRIVERS
    5.2. KEY MARKET RESTRAINTS
    5.3. KEY MARKET OPPORTUNITIES
    5.4. FUTURE TRENDS
    5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

    6. SOLAR POWERED LED STREET LIGHT MARKET - GLOBAL MARKET ANALYSIS
    6.1. SOLAR POWERED LED STREET LIGHT - GLOBAL MARKET OVERVIEW
    6.2. SOLAR POWERED LED STREET LIGHT - GLOBAL MARKET AND FORECAST TO 2028
    6.3. MARKET POSITIONING/MARKET SHARE

    7. SOLAR POWERED LED STREET LIGHT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
    7.1. OVERVIEW
    7.2. TYPE MARKET FORECASTS AND ANALYSIS
    7.3. STANDALONE
    7.3.1. Overview
    7.3.2. Standalone Market Forecast and Analysis
    7.4. GRID CONNECTED
    7.4.1. Overview
    7.4.2. Grid Connected Market Forecast and Analysis
    8. SOLAR POWERED LED STREET LIGHT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
    8.1. OVERVIEW
    8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
    8.3. RESIDENTIAL
    8.3.1. Overview
    8.3.2. Residential Market Forecast and Analysis
    8.4. COMMERCIAL
    8.4.1. Overview
    8.4.2. Commercial Market Forecast and Analysis
    8.5. INDUSTRIAL
    8.5.1. Overview
    8.5.2. Industrial Market Forecast and Analysis
    8.6. OTHERS
    8.6.1. Overview
    8.6.2. Others Market Forecast and Analysis

    9. SOLAR POWERED LED STREET LIGHT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
    9.1. NORTH AMERICA
    9.1.1 North America Solar Powered LED Street Light Market Overview
    9.1.2 North America Solar Powered LED Street Light Market Forecasts and Analysis
    9.1.3 North America Solar Powered LED Street Light Market Forecasts and Analysis - By Type
    9.1.4 North America Solar Powered LED Street Light Market Forecasts and Analysis - By Application
    9.1.5 North America Solar Powered LED Street Light Market Forecasts and Analysis - By Countries
    9.1.5.1 United States Solar Powered LED Street Light Market
    9.1.5.1.1 United States Solar Powered LED Street Light Market by Type
    9.1.5.1.2 United States Solar Powered LED Street Light Market by Application
    9.1.5.2 Canada Solar Powered LED Street Light Market
    9.1.5.2.1 Canada Solar Powered LED Street Light Market by Type
    9.1.5.2.2 Canada Solar Powered LED Street Light Market by Application
    9.1.5.3 Mexico Solar Powered LED Street Light Market
    9.1.5.3.1 Mexico Solar Powered LED Street Light Market by Type
    9.1.5.3.2 Mexico Solar Powered LED Street Light Market by Application
    9.2. EUROPE
    9.2.1 Europe Solar Powered LED Street Light Market Overview
    9.2.2 Europe Solar Powered LED Street Light Market Forecasts and Analysis
    9.2.3 Europe Solar Powered LED Street Light Market Forecasts and Analysis - By Type
    9.2.4 Europe Solar Powered LED Street Light Market Forecasts and Analysis - By Application
    9.2.5 Europe Solar Powered LED Street Light Market Forecasts and Analysis - By Countries
    9.2.5.1 Germany Solar Powered LED Street Light Market
    9.2.5.1.1 Germany Solar Powered LED Street Light Market by Type
    9.2.5.1.2 Germany Solar Powered LED Street Light Market by Application
    9.2.5.2 France Solar Powered LED Street Light Market
    9.2.5.2.1 France Solar Powered LED Street Light Market by Type
    9.2.5.2.2 France Solar Powered LED Street Light Market by Application
    9.2.5.3 Italy Solar Powered LED Street Light Market
    9.2.5.3.1 Italy Solar Powered LED Street Light Market by Type
    9.2.5.3.2 Italy Solar Powered LED Street Light Market by Application
    9.2.5.4 United Kingdom Solar Powered LED Street Light Market
    9.2.5.4.1 United Kingdom Solar Powered LED Street Light Market by Type
    9.2.5.4.2 United Kingdom Solar Powered LED Street Light Market by Application
    9.2.5.5 Russia Solar Powered LED Street Light Market
    9.2.5.5.1 Russia Solar Powered LED Street Light Market by Type
    9.2.5.5.2 Russia Solar Powered LED Street Light Market by Application
    9.2.5.6 Rest of Europe Solar Powered LED Street Light Market
    9.2.5.6.1 Rest of Europe Solar Powered LED Street Light Market by Type
    9.2.5.6.2 Rest of Europe Solar Powered LED Street Light Market by Application
    9.3. ASIA-PACIFIC
    9.3.1 Asia-Pacific Solar Powered LED Street Light Market Overview
    9.3.2 Asia-Pacific Solar Powered LED Street Light Market Forecasts and Analysis
    9.3.3 Asia-Pacific Solar Powered LED Street Light Market Forecasts and Analysis - By Type
    9.3.4 Asia-Pacific Solar Powered LED Street Light Market Forecasts and Analysis - By Application
    9.3.5 Asia-Pacific Solar Powered LED Street Light Market Forecasts and Analysis - By Countries
    9.3.5.1 Australia Solar Powered LED Street Light Market
    9.3.5.1.1 Australia Solar Powered LED Street Light Market by Type
    9.3.5.1.2 Australia Solar Powered LED Street Light Market by Application
    9.3.5.2 China Solar Powered LED Street Light Market
    9.3.5.2.1 China Solar Powered LED Street Light Market by Type
    9.3.5.2.2 China Solar Powered LED Street Light Market by Application
    9.3.5.3 India Solar Powered LED Street Light Market
    9.3.5.3.1 India Solar Powered LED Street Light Market by Type
    9.3.5.3.2 India Solar Powered LED Street Light Market by Application
    9.3.5.4 Japan Solar Powered LED Street Light Market
    9.3.5.4.1 Japan Solar Powered LED Street Light Market by Type
    9.3.5.4.2 Japan Solar Powered LED Street Light Market by Application
    9.3.5.5 South Korea Solar Powered LED Street Light Market
    9.3.5.5.1 South Korea Solar Powered LED Street Light Market by Type
    9.3.5.5.2 South Korea Solar Powered LED Street Light Market by Application
    9.3.5.6 Rest of Asia-Pacific Solar Powered LED Street Light Market
    9.3.5.6.1 Rest of Asia-Pacific Solar Powered LED Street Light Market by Type
    9.3.5.6.2 Rest of Asia-Pacific Solar Powered LED Street Light Market by Application
    9.4. MIDDLE EAST AND AFRICA
    9.4.1 Middle East and Africa Solar Powered LED Street Light Market Overview
    9.4.2 Middle East and Africa Solar Powered LED Street Light Market Forecasts and Analysis
    9.4.3 Middle East and Africa Solar Powered LED Street Light Market Forecasts and Analysis - By Type
    9.4.4 Middle East and Africa Solar Powered LED Street Light Market Forecasts and Analysis - By Application
    9.4.5 Middle East and Africa Solar Powered LED Street Light Market Forecasts and Analysis - By Countries
    9.4.5.1 South Africa Solar Powered LED Street Light Market
    9.4.5.1.1 South Africa Solar Powered LED Street Light Market by Type
    9.4.5.1.2 South Africa Solar Powered LED Street Light Market by Application
    9.4.5.2 Saudi Arabia Solar Powered LED Street Light Market
    9.4.5.2.1 Saudi Arabia Solar Powered LED Street Light Market by Type
    9.4.5.2.2 Saudi Arabia Solar Powered LED Street Light Market by Application
    9.4.5.3 U.A.E Solar Powered LED Street Light Market
    9.4.5.3.1 U.A.E Solar Powered LED Street Light Market by Type
    9.4.5.3.2 U.A.E Solar Powered LED Street Light Market by Application
    9.4.5.4 Rest of Middle East and Africa Solar Powered LED Street Light Market
    9.4.5.4.1 Rest of Middle East and Africa Solar Powered LED Street Light Market by Type
    9.4.5.4.2 Rest of Middle East and Africa Solar Powered LED Street Light Market by Application
    9.5. SOUTH AND CENTRAL AMERICA
    9.5.1 South and Central America Solar Powered LED Street Light Market Overview
    9.5.2 South and Central America Solar Powered LED Street Light Market Forecasts and Analysis
    9.5.3 South and Central America Solar Powered LED Street Light Market Forecasts and Analysis - By Type
    9.5.4 South and Central America Solar Powered LED Street Light Market Forecasts and Analysis - By Application
    9.5.5 South and Central America Solar Powered LED Street Light Market Forecasts and Analysis - By Countries
    9.5.5.1 Brazil Solar Powered LED Street Light Market
    9.5.5.1.1 Brazil Solar Powered LED Street Light Market by Type
    9.5.5.1.2 Brazil Solar Powered LED Street Light Market by Application
    9.5.5.2 Argentina Solar Powered LED Street Light Market
    9.5.5.2.1 Argentina Solar Powered LED Street Light Market by Type
    9.5.5.2.2 Argentina Solar Powered LED Street Light Market by Application
    9.5.5.3 Rest of South and Central America Solar Powered LED Street Light Market
    9.5.5.3.1 Rest of South and Central America Solar Powered LED Street Light Market by Type
    9.5.5.3.2 Rest of South and Central America Solar Powered LED Street Light Market by Application

    10. INDUSTRY LANDSCAPE
    10.1. MERGERS AND ACQUISITIONS
    10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
    10.3. NEW PRODUCT LAUNCHES
    10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

    11. SOLAR POWERED LED STREET LIGHT MARKET, KEY COMPANY PROFILES
    11.1. BRIDGELUX
    11.1.1. Key Facts
    11.1.2. Business Description
    11.1.3. Products and Services
    11.1.4. Financial Overview
    11.1.5. SWOT Analysis
    11.1.6. Key Developments
    11.2. SOLAR STREET LIGHTS USA
    11.2.1. Key Facts
    11.2.2. Business Description
    11.2.3. Products and Services
    11.2.4. Financial Overview
    11.2.5. SWOT Analysis
    11.2.6. Key Developments
    11.3. SHENZHEN SPARK CO., LTD
    11.3.1. Key Facts
    11.3.2. Business Description
    11.3.3. Products and Services
    11.3.4. Financial Overview
    11.3.5. SWOT Analysis
    11.3.6. Key Developments
    11.4. SOLAR LIGHTING INTERNATIONAL INC
    11.4.1. Key Facts
    11.4.2. Business Description
    11.4.3. Products and Services
    11.4.4. Financial Overview
    11.4.5. SWOT Analysis
    11.4.6. Key Developments
    11.5. ANHUI LONGVOLT
    11.5.1. Key Facts
    11.5.2. Business Description
    11.5.3. Products and Services
    11.5.4. Financial Overview
    11.5.5. SWOT Analysis
    11.5.6. Key Developments
    11.6. GREENSHINE NEW ENERGY
    11.6.1. Key Facts
    11.6.2. Business Description
    11.6.3. Products and Services
    11.6.4. Financial Overview
    11.6.5. SWOT Analysis
    11.6.6. Key Developments
    11.7. BISOL GROUP, D.O.O
    11.7.1. Key Facts
    11.7.2. Business Description
    11.7.3. Products and Services
    11.7.4. Financial Overview
    11.7.5. SWOT Analysis
    11.7.6. Key Developments
    11.8. SOKOYO
    11.8.1. Key Facts
    11.8.2. Business Description
    11.8.3. Products and Services
    11.8.4. Financial Overview
    11.8.5. SWOT Analysis
    11.8.6. Key Developments
    11.9. PHILIPS LIGHTING
    11.9.1. Key Facts
    11.9.2. Business Description
    11.9.3. Products and Services
    11.9.4. Financial Overview
    11.9.5. SWOT Analysis
    11.9.6. Key Developments
    11.10. AURA ENERGY
    11.10.1. Key Facts
    11.10.2. Business Description
    11.10.3. Products and Services
    11.10.4. Financial Overview
    11.10.5. SWOT Analysis
    11.10.6. Key Developments

    12. APPENDIX
    12.1. ABOUT THE INSIGHT PARTNERS
    12.2. GLOSSARY OF TERMS
    The List of Companies

    1. Bridgelux
    2. Solar Street Lights USA
    3. Shenzhen Spark Co., Ltd
    4. Solar Lighting International Inc
    5. Anhui Longvolt
    6. Greenshine New Energy
    7. BISOL Group, d.o.o
    8. SOKOYO
    9. Philips Lighting
    10. Aura Energy
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