Title: Solar Street Lighting Market size likely to grow at 23% CAGR from 2016 to 2024
1Solar Street Lighting Market size likely to grow
at 23 CAGR from 2016 to 2024 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2 Regional Analysis of Solar Street Lighting
Market
- Asia Pacific led by India dominated the industry
in terms of installed capacity and would continue
to grow at moderate pace owing to the government
initiatives to promote renewable over traditional
street lighting systems. -
- Africa has second largest solar street lighting
market share followed by Europe in terms of
installed capacity. - As per transportation sustainability research
center in California University in 2015,
approximately 19,100 vehicles in the U.S.
accommodate around 995,000 members.
3 Application Analysis of Solar Street Lighting
Market
- Solar street lights are a renewable lighting
source which generates electricity with the help
of photovoltaic panels integrated on the pole or
mounted on the lighting structure itself. - Electricity generated by photovoltaic panels get
stored into batteries which can later be used to
illuminate the streets. Luminaries used for
lighting purposes in street lightings are light
emitting diode (LED)and fluorescent lamp. - These lights are mainly used in highways in order
to highlight the driving route safety and
accommodating in nights.
4 Competitive Market Share of Solar Street
Lighting Market
- Global solar street lighting market players are,
Omega Solar Inc, Solektra International, Dragons
Breath Solar, Urja Global Ltd, Philips Lighting
Holding B.V., SOKOYO Solar Group, BridgeluxInc,
VerySol GmbH, Lights USA and Sol Inc, Sunna
Design, Solar Street. - The comprehensive industrial study can be
explained by Porters Five Forces model this will
mainly help in leading solar street lighting
global market, such as five effective forces
affecting the profitability and market of solar
street lighting market, like bargaining power of
buyers, threat of substitutes, threat of new
entrants, degree of competition, and bargaining
power of suppliers.
5 Browse Full Market Research Report On Solar
Street Lighting Market _at_ http//goo.gl/ChLcWz
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