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Report Overview

The global solar lighting system market size reached around USD 9.91 Billion in 2025. The market is projected to grow at a CAGR of 15.90% between 2026 and 2035 to reach nearly USD 43.34 Billion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

15.9%

Value in USD Billion

2026-2035


*this image is indicative*

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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.

Global Solar Lighting System Market Market Segmentation

The systems that use sunlight as a source to produce light, as well as charge lighting sources, are known as solar lighting system. The market can be divided on the basis of offerings into hardware, software, and services.

The market can be divided on the basis of offerings into

  • Hardware
    • Solar/PV Panels 
    • Lighting Fixtures
    • Rechargeable Battery
    • Others
  • Software and Services

The light source can be classified as:

  • LED
  • Others

The grids in the market can be grouped into:

  • Off-Grid
  • 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
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Solar Lighting System Market By Application

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Global Solar Lighting System Market 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 
  • Eaton Corporation plc
  • Clear Blue Technologies Inc.
  • Jinhua SunMaster Solar Lighting Co., Ltd.
  • Solar Electric Power Company 
  • ENF 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.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2025, the market attained a value of nearly USD 9.91 Billion.

The market is assessed to grow at a CAGR of 15.90% between 2026 and 2035.

The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 43.34 Billion by 2035.

The major market drivers include the increasing penetration and lower costs for LEDs, the rising demand for solar lighting systems in emerging economies, and the introduction of favourable government initiatives aimed at boosting the use of renewable energy.

The growing demand for energy-efficient solar lighting systems for highways and increased usage of renewable energy for lighting are the key trends driving the market growth.

The major regions in the market include North America, the Asia Pacific, Latin America, Europe, and the Middle East and Africa.

The major offerings considered in the market report include hardware and software and services.

The significant light sources of solar lighting system are LED and others.

Off-grid and hybrid are the major grid types in the market.

The several applications of solar lighting system include highways and roadways, industrial, commercial, and residential, among others.

The major players in the market are Signify Holding, Eaton Corporation plc, Clear Blue Technologies Inc. , Jinhua SunMaster Solar Lighting Co., Ltd., Solar Electric Power Company , ENF Ltd., and Best Solar Street Lights USA, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
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 and 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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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.
  • Jinhua SunMaster Solar Lighting Co., Ltd.
  • Solar Electric Power Company 
  • ENF Ltd.
  • Best Solar Street Lights USA
  • Others
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