Reports
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Global Solar Lighting System Market: By Offering: Hardware, Software & Services; By Light Source: LED, Others; By Grid Type: Off-Grid, Hybrid; By Application: Highways and Roadways, Industrial, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Solar Lighting System Market Outlook
The global solar lighting system market attained a value of about USD 5.5 billion in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 15.8% to reach USD 13.3 billion by 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The market is primarily being driven by the rising use of renewable energy for lighting. The Asia Pacific is the fastest growing region due to the increasing demand for renewable energy.
Properties and Applications
The systems that use sunlight as a source to produce light, as well as charge lighting sources, are known as solar lighting system.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The market can be divided on the basis of offerings into hardware, software, and services.
Hardware can be further divided into:
- Solar/PV Panels
- Lighting Fixtures
- Rechargeable Battery
- Others
The light source can be classified as LED and others. The grids in the market can be grouped into off-grid and hybrid. The market can be broadly categorised on the basis of its applications into:
- Highways and Roadways
- Industrial
- Commercial
- Residential
- Others
The EMR report looks into the regional markets of solar lighting system like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
The key factors driving the market growth include the increasing demand for energy-efficient solar lighting systems for highways, increased use of renewable energy for lighting purposes, increased penetration and lower costs for LEDs and increased demand from developed and emerging countries. In addition, the underlying market opportunities include a decrease in solar lighting cost, advantageous government initiatives, as well as improved technology in a solar lighting system.
LED is the leading type of light source and is likely to grow at a higher rate in the forecast period, owing to it being eco-friendly and durable compared to others. The application sector is being dominated by the commercial segment.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global solar lighting system market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Signify Holding (Philips)
- Eaton
- Solar Electric Power Company (SEPCO)
- ENF Ltd.
- Clear Blue Technologies
- Jinhua Sunmaster Solar Lighting Co. Ltd
- Best Solar Street Lights USA
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Offering, Light Source, Grid Type, Application, Region |
| Breakup by Offering | Hardware, Software & Services |
| Breakup by Light Source | LED, Others |
| Breakup by Grid Type | Off-Grid, Hybrid |
| Breakup by Application | Highways and Roadways, Industrial, Commercial, Residential, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Signify Holding, Eaton Corporation plc, Clear Blue Technologies Inc. [CBLU(CVE)], Jinhua SunMaster Solar Lighting Co., Ltd., Solar Electric Power Company (SEPCO), Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Key Questions Answered in the Market Report
- How has the global solar lighting system market performed in the previous years (2016-2020)?
- What is the forecast assessment of the market for 2021-2026?
- What are the major drivers of the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major constraints of the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major price indicators of the global market?
- What are the major demand indicators of the global solar lighting system market?
- Who are the key manufacturers in the global market?
- What is the degree of competition in the global solar lighting system market?
- What are the major events and developments taking place within the global industry?
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Solar Lighting System Market Analysis
8.1 Key Industry Highlights
8.2 Global Solar Lighting System Historical Market (2016-2020)
8.3 Global Solar Lighting System Market Forecast (2021-2026)
8.4 Global Solar Lighting System Market by Offering
8.4.1 Hardware
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.1.4 Hardware by Type
8.4.1.4.1 Solar/PV Panels
8.4.1.4.2 Lighting Fixtures
8.4.1.4.3 Rechargeable Battery
8.4.1.4.4 Others
8.4.2 Software and Services
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Solar Lighting System Market by Light Source
8.5.1 LED
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Others
8.6 Global Solar Lighting System Market by Grid Type
8.6.1 Off-Grid
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Hybrid
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.7 Global Solar Lighting System Market by Application
8.7.1 Highways and Roadways
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2016-2020)
8.7.1.3 Forecast Trend (2021-2026)
8.7.2 Industrial
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2016-2020)
8.7.2.3 Forecast Trend (2021-2026)
8.7.3 Commercial
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2016-2020)
8.7.3.3 Forecast Trend (2021-2026)
8.7.4 Residential
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2016-2020)
8.7.4.3 Forecast Trend (2021-2026)
8.7.5 Others
8.8 Global Solar Lighting System Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Signify Holding
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Eaton Corporation plc
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Clear Blue Technologies Inc. [CBLU(CVE)]
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Jinhua SunMaster Solar Lighting Co., Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Solar Electric Power Company (SEPCO)
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Solar Lighting System Market: Key Industry Highlights, 2016 and 2026
2. Global Solar Lighting System Historical Market: Breakup by Offering (USD Billion), 2016-2020
3. Global Solar Lighting System Market Forecast: Breakup by Offering (USD Billion), 2021-2026
4. Global Solar Lighting System Historical Market: Breakup by Light Source (USD Billion), 2016-2020
5. Global Solar Lighting System Market Forecast: Breakup by Light Source (USD Billion), 2021-2026
6. Global Solar Lighting System Historical Market: Breakup by Grid Type (USD Billion), 2016-2020
7. Global Solar Lighting System Market Forecast: Breakup by Grid Type (USD Billion), 2021-2026
8. Global Solar Lighting System Historical Market: Breakup by Application (USD Billion), 2016-2020
9. Global Solar Lighting System Market Forecast: Breakup by Application (USD Billion), 2021-2026
10. Global Solar Lighting System Historical Market: Breakup by Region (USD Billion), 2016-2020
11. Global Solar Lighting System Market Forecast: Breakup by Region (USD Billion), 2021-2026
12. North America Solar Lighting System Historical Market: Breakup by Country (USD Billion), 2016-2020
13. North America Solar Lighting System Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Europe Solar Lighting System Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Europe Solar Lighting System Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Asia Pacific Solar Lighting System Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Asia Pacific Solar Lighting System Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Latin America Solar Lighting System Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Latin America Solar Lighting System Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. Middle East and Africa Solar Lighting System Historical Market: Breakup by Country (USD Billion), 2016-2020
21. Middle East and Africa Solar Lighting System Market Forecast: Breakup by Country (USD Billion), 2021-2026
22. Global Solar Lighting System Market Structure
Analyst Review
Introduction
EMR is one of the foremost business intelligence and market research companies with a database of syndicated and customised reports spanning more than 100 industries across global and regional markets. We leverage the knowledge of our highly skilled team of over 100 analysts and more than 3000 independent consultants to provide our clients with thoroughly researched and reliable data tailored to their requirements. We help our clients, who range from Fortune 1000 companies to medium and niche enterprises, make informed strategic decisions through our varied tools and methodology.
Our meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. We understand the distinct nature and requirements for each market and thus, modify our methodology to best fit the industry in question. Our research methodology uses a combination of cutting-edge analytical tools and the expertise of our highly accomplished team, thus, providing our customers with market insights that are accurate, actionable, and help them remain ahead of their competition. EMR’ s fine-tuned research methodology and data analysis, formulated through years of cross-industry experience of our team, ensure that our clients are provided with:
- Value-added and infallible market intelligence.
- A holistic understanding of the current and expected market fluctuations through meticulously collected data.
- Verified information on the probable opportunities and risks in the present and forecasted markets.
- Validated and thoroughly analysed insights derived from our latest analytical tools and impeccable sources.
Assessment Approach
Our approach gives our clients a comprehensive assessment of the prevailing and projected market conditions through the collection, collation, and analysis of data from trusted sources.
Price Assessment
We assess the historical, prevailing, and expected prices of commodities and raw materials by analysing our assiduously collected data from verified primary and secondary sources. Our assessments reflect the market values of related commodities within a region to help our consumers understand the interdependencies and formulate profitable market strategies. Our price assessments cover both the average global prices along with the prevailing regional prices.
Market Assessment
Our market assessments determine the global and regional production and consumption of the product, according to their value and volume. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future market growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions. We also take into account the demographic, economic, cultural, and political factors that might influence the market.
Data Collection
We gather market intelligence through our extensive database of reliable secondary sources and our exhaustive interviews with multiple industry stakeholders. The information gathered through our primary and secondary sources help us verify and extrapolate data relating to prices, trade, and market fluctuations along with the latest developments in the market.
Primary Research
As a part of our primary research, we interact with highly placed industrial professionals possessing an expansive and meticulous insight into the market. We conduct our interviews via mails, telephonic conversations, and one-on-one meetings. Thus, our exhaustive interviews with both buyers and consumers help us provide our clients with verified intelligence regarding the market size, share, drivers, prices, and forecast along with a detailed assessment of your supply chain.
Secondary Research
EMR has access to extensive internal and subscribed databases, which apprise us of the historical and prevailing market conditions and help us forecast the market for the coming few years. Our secondary research involves a wide array of sources ranging from the annual and financial reports of the key players in the industry to governmental and regulatory databases. We refer to various scientific and industry publications and whitepapers to form a comprehensive understanding of the product and the supply chain. Our wide-ranging research also refers to relevant articles and press releases to provide our customers with an up-to-date understanding of the contemporary market. We derive extensive raw data from our secondary research, which then go through a thorough verification and validation process, to help us formulate an exhaustive understanding of the market, the supply chain, the competitive landscape, and the product.
Other Analyst Tools and Data Models
Our extensive and intricate data models, formulated through our propriety technological and analytical resources, help you easily comprehend the expansive market data and aid you in framing vital business and market strategies. Our tools provide you with a cohesive understanding of the industry outlook, taking into account the qualitative and quantitative market variables. Our analytical tools and models are regularly updated according to the changes in the continually evolving market scenarios as well as being adapted to best meet our client’s specific needs. Our research methods involve a blend of the best technological tools used in the industry along with the expertise of our analysts and consultants who can spot and assess the implications of the subtle factors influencing the more complex markets.
Data Prioritisation
Our market assessments take into consideration only those data that are confirmed and are derived from credible and transparent sources. Thus, our clients are presented with accurate and infallible data which can be incorporated into their business strategies.
Data Validation
Before our data is presented to the clients, they undergo an intensive cross-verification and validation process. We corroborate the data gathered through our primary and secondary research by the review and validation of the initial sources along with the verification of the data from other thoroughly vetted sources.
Exigent Data Assessment
Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the market across regions. By constantly updating our databases and reports to reflect the changes taking place in the market, our market and price assessments accurately reflect the prevailing industry conditions.
Thus, our rigorous data collection, thorough statistical analysis, and specialist assessments ensure that our clientele has a greater understanding of the market space, supply chain, price fluctuations, competitive landscape, and other vital factors, helping them emerge as the undisputed industry leaders in their respective fields.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateFive User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The global ultracapacitors market attained a value of USD 2,514 million in 2020, driven by the growing demand from the electronics and automotive industries. Aided by the rapid industrialisation and a...
The global photovoltaic materials market stood at a value of around USD 21.42 billion in 2020. The market is further expected to grow at a CAGR of 14.04% in the forecast period of 2021-2026 to attain ...
The global solar panel cleaning market is driven by the rapid industrialisation and wide adoption of solar power in residential and commercial sectors. Aided by the rapid adoption of solar photovoltai...
The Indian solar electric system and inverter markets are expected to reach volumes of almost 128,423 MW and 26,312 MW by the year 2026, growing at a CAGR of 26.5% and 15% between 2021 and 2026, respe...
The global solar PV inverter market size reached a value of almost USD 7.3 billion in the year 2020. The solar PV inverter industry is further expected to grow at a CAGR of 5% between 2021 and 2026 to...
NEWSLETTER