Solar Street Lighting Market to Record Significant Revenue Growth During the Forecast Period 2021-2026

Solar Street Lighting Market to Record Significant Revenue Growth During the Forecast Period 2021-2026

June 09, 2021

The study will cover the market intelligence and information for a period of 12 years from 2014 to 2026. The base year for the study is 2020.

Global Solar Street Lighting Market Forecast:

The global Solar Street Lighting Market is anticipated to recoup from the effects of COVID-19 starting from the year 2021 and will grow at a modest CAGR during the forecast period of 2021-2026.

Solar Street Lighting Market is likely to witness an impressive CAGR of 10.2% during the forecast period.

The market is estimated through a rigorous triangulation process of internal data, secondary analysis and the insights gained from the primary interviews with industry experts.

The Solar Street Lighting Market growth depends upon numerous factors which have direct or indirect impact the demand.

The key factors governing the demand for Solar Street Lighting Market are:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

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Solar Street Lighting Market Segmentation:

Street lightning are an inevitable part of urban and rural infrastructure. Lighting creates safe environment for both pedestrians and drivers. There has been a massive shift towards LED lighting on the streets all across the globe, as it uses less energy and is more reliable than traditional sodium lamps. Being a renewable resource, solar power is increasingly being used for street lighting around the world.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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COVID-19 IMPACT Analysis on Solar Street Lighting Market

COVID-19 has affected all the businesses, small or big, present in any sector. The dynamics of Solar Street Lighting Market have seen a huge shift in the year 2020. The market environment and the way of operations have taken a huge turn and have led to many changes in the processes, which will have repercussions for a long period. 2021 is likely to be better than 2020 for the Solar Street Lighting Market players as most of the businesses have resumed their operations and the demand is getting restored for them.

Note: This report will be updated to incorporate the impact of COVID-19 on the market forecast for the period of 2021 to 2026.

Solar Street Lighting Market Competitive Analysis:

The report studies the competitive framework and business environment via different analytical frameworks such as

  • Porters Five Forces Model
  • SWOT Analysis
  • PEST Analysis
  • Success Factors
  • Growth Matrix

The key players in Solar Street Lighting Market are:

  • Anhui Longvolt Energy Co., Ltd
  • BISOL Group
  • COVIMED SOLAR
  • Greenshine New Energy
  • Jinhua SunMaster Solar Lighting Co., Ltd.
  • LEADSUN
  • Orion Solar Projects Private Limited
  • Shenzhen Spark Optoelectronics S&T Co., Ltd.
  • Solar Electric Power Company (SEPCO)
  • Solar Lighting International, Inc.

The Solar Street Lighting Market report benchmarks the major competitors on critical parameters, some of which are mentioned below:

  • Sales from the Solar Street Lighting Market segment
  • Geographic diversification
  • New product launches
  • Market Share
  • Strategic alliances, mergers and acquisitions
  • Alignment with the market
  • Regional dominance of the competitors

About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

Author : Meha Prasad

Frequently Asked Questions (FAQs)

Solar street lighting market is expected to witness an impressive growth of 10.2% CAGR in the foreseeable future.

Anhui Longvolt Energy Co., Ltd, BISOL Group, COVIMED SOLAR, Greenshine New Energy, Jinhua SunMaster Solar Lighting Co., Ltd, LEADSUN, Orion Solar Projects Private Limited, Shenzhen Spark Optoelectronics S&T Co., Ltd, Solar Electric Power Company (SEPCO), and Solar Lighting International, Inc. are among the key players in the solar street lighting market.

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