khemant
Street lightning are an inevitable part of urban and rural infrastructure. Lighting creates safe environment for both pedestrians and drivers.
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.
Source: https://www.stratviewresearch.com/1248/solar-street-lighting-market.html
Asia-Pacific is estimated to be the fastest-growing region for the solar street lighting market during the forecast period, driven by government initiatives for the adoption of energy efficient lighting systems, expansion of manufacturing facilities, and the decreasing product cost.
The standalone segment is expected to grow at a higher CAGR during the forecast period, driven by the rapid expansion of sustainable electric networks, high-cost of conventional streetlight infrastructure across off-grid areas, and the increasing deployment of pico-solar systems.
The industrial segment is likely to be the major application type during the forecast period.
Asia-Pacific is estimated to be the fastest-growing region for the solar street lighting market during the forecast period.
The Solar Street Lighting Market is Segmented by Product Type (Standalone, Grid-connected), by Luminaries Type (LED, CFL), by Application Type (Residential, Commercial, and Industrial), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Solar street lighting market size is projected to grow at 10.2% CAGR. The report provides critical insights and covid-19 impact analysis on market size, share, trend, forecasts, competitive landscapes, and growth opportunities.
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