Solar Street Lightings Market Worth 21.02% CAGR |Global Industry Forecast to 2023

Solar Street Lightings Market Research Report- Forecast to 2023

Solar Street Lightings Market Worth 21.02% CAGR |Global

Industry Forecast to 2023

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Copyright Š 2017 Market Research Future.

Solar Street Lightings Market Research Report- Forecast to 2023

1 Summary Solar street lights are able to provide reliable, quality lighting both in developing and developed countries, thereby reducing light poverty and the economic and environmental costs of electric outdoor lighting.

Rapid technical innovation and dramatic price reduction in the LED, PV module, and battery components, which has occurred in the last years, will accelerate the penetration of solar street lights across the world.

Taste the market data and market information presented through more than 30 market data tables and 25 figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Solar Street Lightings Report -Forecast to 2023”.

Key Players: The prominent players in the Solar Street Lightings are VerySol Inc. (U.S.), Solar Street Lights USA (U.S.), Dragons Breath Solar (U.K.), Urja Global Ltd. (India), Solektra International LLC (U.S.), Bridgelux Inc. (U.S.), SOKOYO Solar Group (China), Sunna Design (France), Sol Inc.(U.S.), Philips Lighting Holding B.V.( the Netherlands), and Omega Solar (India).

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Solar Street Lightings Market Research Report- Forecast to 2023

2 Market Overview One of the primary drivers for the growth of solar energy is the government intervention through initiatives and policies. Solar energy policy is developed by governments to sustain the growth of solar energy, including solar energy production, distribution and consumption. Solar energy policies include legislation, international treaties and incentives to investment such as the formation incentives in the U.S. In many countries such as India and EU countries, the policies such as feed-in-tariff (FIT), portfolio standard (RPS), tax credits, pricing laws, have been developed and implemented to promote the use of solar energy.

Additionally, policies such as production incentives, quota requirements, trading systems, also have been developed to influence the growth of the market.

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Copyright Š 2017 Market Research Future.

Solar Street Lightings Market Research Report- Forecast to 2023

3 Market Research Analysis Market Research Future analysis shows that the global market of solar street lightings market is estimated to grow at CAGR of 21.02 % by the end of the forecast period. These are outdoor raised light sources that are powered by the photovoltaic or PV panels. By raised, it means that the solar panels are either mounted on the lighting structure or they are connected using a pole. These PV panels are equipped with a rechargeable battery, which enables them to provide power for the duration of the entire night to the fluorescent or LED lamp. Also, in the majority of instances, these solar street lights have solar panels, which can sense outdoor light, automatically, through an external light source. With the energy production and storage capacities, even in the absence of sunlight these can produce light, successively, during nights for a minimum of 2-3 days.

Urban street lights are densely-clustered, making it cost-effective to upgrade lighting with LED and connectivity. However, rural areas have a much lower density of street lighting, which can be more expensive to replace and maintain.

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Copyright Š 2017 Market Research Future.

Solar Street Lightings Market Research Report- Forecast to 2023

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Copyright Š 2017 Market Research Future.