Solar Street Lighting Market is Projected to Augment at a Notable CAGR

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High demand for efficient and renewable source of lighting for streets, and increasing government support worldwide are the major factors responsible for significant growth in the global solar street lighting market, which is forecasted for 21.2% CAGR during 2017 – 2023. Request Sample Copy of Report :: https://www.psmarketresearch.com/market-analysis/solar-street-lighting-market/report-sample

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Solar Street Lighting Market

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2 Solar Street Lighting Market © PS Intelligence. All rights reserved Global Solar street lighting market is estimated to reach 10805.3 million market size by 2023. High demand for efficient and renewable source of lighting for streets and increasing government support worldwide are the major factors responsible for significant growth in the global solar street lighting market which is forecasted for 21.2 CAGR during 2017 – 2023. As per the findings of the research standalone type held larger share of solar street lighting market as compared to the on-grid type. The designers of these lights have been searching for more efficient and heat resistant design solutions for these lights. Request Sample Copy of Report: https://www.psmarketresearch.com/market-analysis/solar- street-lighting-market/report-sample Among the various application areas of solar street lighting market commercial application has been the largest contributor. whereas among the lighting types LED lighting witnessed a significant growth rate of 40.6 during 2013 – 2016. In terms of volume sales the global solar street lighting market will witness fastest growth in residential applications. The technology in solar street lights are continuously improving over the years and are expected to make further advancements with supportive government regulations and product innovation. Due to the presence of harsh climatic conditions in MEA the standalone lightings were more preferred and formed larger market as compared to on-grid. The World Bank and International Finance Corporation are collectively making efforts for upliftment of several countries in MEA by providing funds for developing the lighting and power industries and setting up solar street lights in these countries. Read summary of report here: https://www.psmarketresearch.com/market-analysis/solar- street-lighting-market/

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3 Solar Street Lighting Market © PS Intelligence. All rights reserved The global solar street lighting market is fragmented with small number of large players and large number of small regional players. Carmanah Technologies Corp. was the global market leader in this industry in 2016. Some of the other major companies operating in this market includes Koninklijke Philips N.V. Sunna Design Omega Solar Su-Kam Power Systems Ltd. Urja Global Ltd and Sokoyo Solar Group. Solar Street Lighting Segmentation By Lighting Type • CFL • LED By Product Type • Standalone • On-grid By Application • Residential • Commercial • Industrial

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4 Solar Street Lighting Market © PS Intelligence. All rights reserved Kindly write to: enquirypsmarketresearch.com B-13 Sector – 2 Noida U.P. – 201301 INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 Disclaimer: PS Intelligence always keeps customers interest at the core while carrying out research activities. PS Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However the information in publications is subject to fluctuations as they are based on primary interviews of officials from various companies or organizations. PS Intelligence is not responsible for any incorrect data provided to us by the key industry players of the concerned domain. The information or analysis in PS Intelligence publications represents opinion based on research and should not be interpreted as statements of fact. The information in this report were believed to be correct at the time of publication but cannot be guaranteed. PS Intelligence does not endorse any product service or vendor depicted in its research publications. All intellectual property including trademarks and copyrights belong to their respective owners and may be protected by copyright. Under no circumstance may these be reproduced in any form without the prior written agreement of its owner. An order for market research report is intended for internal use of the company alone and not for disclosure to third parties or any publication in general. No service report or part thereof provided by PS Intelligence can be reproduced republished resold revealed distributed circulated or sublicensed in any medium or form now realized or hereafter become realized including and not limited to all forms of optical-based media magnetic electronic or digital without a written permission from PS Intelligence.

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