세계의 솔라 가로등 시장 : 광원별, 유형별, 전개별, 용도별-예측(2025-2030년)

The Solar Street Lighting Market was valued at USD 5.67 billion in 2023, expected to reach USD 6.23 billion in 2024, and is projected to grow at a CAGR of 10.55%, to USD 11.44 billion by 2030.

Solar street lighting is a rapidly emerging segment in the renewable energy and outdoor lighting market, driven by the growing demand for sustainable and energy-efficient lighting solutions. The primary necessity for solar street lighting stems from the need to reduce dependency on conventional electricity grids, reduce carbon footprints, and provide reliable lighting in off-grid or remote areas. Applications of solar street lighting are extensive, ranging from urban and rural street lighting to illumination for highways, bridges, parks, and public spaces. The end-use scope spans municipal settings, residential complexes, and industrial facilities, as these stakeholders seek cost-effective and environmentally friendly lighting options.

Market insights reveal that government initiatives promoting renewable energy adoption and the increasing infrastructural development in emerging economies significantly influence growth. The rising awareness about green technologies and the decreasing costs of solar panels and LEDs further bolster market expansion. Key opportunities lie in integrating smart technology for better energy management and monitoring, as well as enhancing battery storage capacities to improve light duration and reliability. Companies should explore partnerships for technological advancements and geographical expansion to capitalize on such opportunities.

However, market growth faces challenges, such as the high initial investment costs, the need for continuous technological upgrades, and maintenance challenges, particularly in extreme weather conditions. Limited infrastructure in some regions also poses deployment hurdles. Overcoming these limitations requires focused innovation in materials and solar energy harnessing techniques, such as more efficient photovoltaic cells and advanced energy storage solutions.

Innovation should concentrate on developing hybrid systems that can utilize grid power when solar potential is low, improving luminaire efficiency, and creating adaptive lighting solutions that respond to environmental changes. To thrive, firms must remain agile, investing in R&D and collaborating with governments and local authorities to align with sustainability goals. Understanding these dynamics provides a pathway for success in the solar street lighting market, marked by its sustainable and transformative potential.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Solar Street Lighting Market

The Solar Street Lighting Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Government support and initiatives for solar street lighting
  • Preference for energy-efficient and low carbon-footprint outdoor lighting
  • Replacement activities of street lights across motorways, roads, and other public spaces
• Market Restraints
  • High initial investment required when compared to traditional lights
• Market Opportunities
  • Advancements in design & technologies of solar street lighting
  • Proliferating deployment of solar lighting in smart cities
• Market Challenges
  • Concerns associated with extreme weather and non-availability of direct sunlight

Porter's Five Forces: A Strategic Tool for Navigating the Solar Street Lighting Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Solar Street Lighting Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Solar Street Lighting Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Solar Street Lighting Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Solar Street Lighting Market

A detailed market share analysis in the Solar Street Lighting Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Solar Street Lighting Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Solar Street Lighting Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Solar Street Lighting Market

A strategic analysis of the Solar Street Lighting Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Solar Street Lighting Market, highlighting leading vendors and their innovative profiles. These include Anhui Longvolt Energy Co. Ltd., BISOL Group d.o.o., BM Sunpower Technologies, Bridgelux Inc., Covimed Solar Group, Dragons Breath Solar, Fevino Industries, G Solar, Hi-Power Electronics, Ignite Electronics, Jai Sunlight Systems, Jiangsu Sokoyo Solar Lighting Co. Ltd., Koninklijke Philips N.V., Nessa.in, Omega Solar, Orion Energy Systems Inc., SOKOYO Solar Group, Solar Lighting International Inc., Solar Street Lights USA, Solektra, Solmitra Power & Steel Pvt Ltd, Sunna Design SA, Tata Power Solar Systems Limited, Urja Global Ltd, and Zhuhai Bomin Solar Technology Co. Ltd..

Market Segmentation & Coverage

This research report categorizes the Solar Street Lighting Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Lighting Source, market is studied across Compact Fluorescent Lamps and Light Emitting Diode.
• Based on Type, market is studied across Grid Connected and Standalone.
• Based on Deployment, market is studied across Off-gird and On-grid.
• Based on Application, market is studied across Commercial, Industrial, and Residential.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Government support and initiatives for solar street lighting
    • 5.1.1.2. Preference for energy-efficient and low carbon-footprint outdoor lighting
    • 5.1.1.3. Replacement activities of street lights across motorways, roads, and other public spaces
  • 5.1.2. Restraints
    • 5.1.2.1. High initial investment required when compared to traditional lights
  • 5.1.3. Opportunities
    • 5.1.3.1. Advancements in design & technologies of solar street lighting
    • 5.1.3.2. Proliferating deployment of solar lighting in smart cities
  • 5.1.4. Challenges
    • 5.1.4.1. Concerns associated with extreme weather and non-availability of direct sunlight
• 5.2. Market Segmentation Analysis
  • 5.2.1. Lighting Source: Increasing preference for LED higher energy efficiency, longer life span
  • 5.2.2. Type: Expansion of standalone solar street lighting systems due to lower initial costs and simpler installation process
  • 5.2.3. Deployment: Significant popularity of off-grid solar street lights for ease of installation, and enhanced security
  • 5.2.4. Application: Growing usage of solar street lightings in the commercial sector to growing infrastructural development activities
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Solar Street Lighting Market, by Lighting Source

• 6.1. Introduction
• 6.2. Compact Fluorescent Lamps
• 6.3. Light Emitting Diode

7. Solar Street Lighting Market, by Type

• 7.1. Introduction
• 7.2. Grid Connected
• 7.3. Standalone

8. Solar Street Lighting Market, by Deployment

• 8.1. Introduction
• 8.2. Off-gird
• 8.3. On-grid

9. Solar Street Lighting Market, by Application

• 9.1. Introduction
• 9.2. Commercial
• 9.3. Industrial
• 9.4. Residential

10. Americas Solar Street Lighting Market

• 10.1. Introduction
• 10.2. Argentina
• 10.3. Brazil
• 10.4. Canada
• 10.5. Mexico
• 10.6. United States

11. Asia-Pacific Solar Street Lighting Market

• 11.1. Introduction
• 11.2. Australia
• 11.3. China
• 11.4. India
• 11.5. Indonesia
• 11.6. Japan
• 11.7. Malaysia
• 11.8. Philippines
• 11.9. Singapore
• 11.10. South Korea
• 11.11. Taiwan
• 11.12. Thailand
• 11.13. Vietnam

12. Europe, Middle East & Africa Solar Street Lighting Market

• 12.1. Introduction
• 12.2. Denmark
• 12.3. Egypt
• 12.4. Finland
• 12.5. France
• 12.6. Germany
• 12.7. Israel
• 12.8. Italy
• 12.9. Netherlands
• 12.10. Nigeria
• 12.11. Norway
• 12.12. Poland
• 12.13. Qatar
• 12.14. Russia
• 12.15. Saudi Arabia
• 12.16. South Africa
• 12.17. Spain
• 12.18. Sweden
• 12.19. Switzerland
• 12.20. Turkey
• 12.21. United Arab Emirates
• 12.22. United Kingdom

13. Competitive Landscape

• 13.1. Market Share Analysis, 2023
• 13.2. FPNV Positioning Matrix, 2023
• 13.3. Competitive Scenario Analysis
  • 13.3.1. AGC Lighting Co., Ltd. Launches ST57 Solar LED Street Light for Eco-Friendly Lighting
  • 13.3.2. WindStream Energy Technologies Launches Hybrid Wind-Solar Street Light System
  • 13.3.3. Signify N.V. Launches its First Philips Solar Light Hub in India
• 13.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Anhui Longvolt Energy Co. Ltd.
• 2. BISOL Group d.o.o.
• 3. BM Sunpower Technologies
• 4. Bridgelux Inc.
• 5. Covimed Solar Group
• 6. Dragons Breath Solar
• 7. Fevino Industries
• 8. G Solar
• 9. Hi-Power Electronics
• 10. Ignite Electronics
• 11. Jai Sunlight Systems
• 12. Jiangsu Sokoyo Solar Lighting Co. Ltd.
• 13. Koninklijke Philips N.V.
• 14. Nessa.in
• 15. Omega Solar
• 16. Orion Energy Systems Inc.
• 17. SOKOYO Solar Group
• 18. Solar Lighting International Inc.
• 19. Solar Street Lights USA
• 20. Solektra
• 21. Solmitra Power & Steel Pvt Ltd
• 22. Sunna Design SA
• 23. Tata Power Solar Systems Limited
• 24. Urja Global Ltd
• 25. Zhuhai Bomin Solar Technology Co. Ltd.