Outdoor Solar LED Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologies And Forecast 2029
Outdoor Solar LED Market size was valued at US$ 8.12 Bn in 2022 and the total revenue is expected to grow at 24.60% through 2023 to 2029, reaching nearly US$ 37.87 Bn.
Outdoor Solar LED Market Overview:
The Outdoor Solar LED market study may be tailored to include price trend analysis of target brands, market knowledge for other countries (ask for a list), clinical trial findings in data, literature research, refurbished market and product base analysis, and other services. Technology-based research to market portfolio strategies are examples of target rival market analysis. We may include as many rivals as you require in the format and data type of your choosing.
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Market Scope:
The Outdoor Solar LED market research report offers insights into each of the top Outdoor Solar LED Market end users, as well as annual forecasts through 2027. The analysis estimates the revenue, sales, and growth rate of the global Outdoor Solar LED Market.
Segmentation:
by Application
Solar LED street light
garden light
flood light
area light
spot light
The Outdoor Solar LED Market is segmented based on application into Solar LED floodlights, Solar LED area lights, Solar LED spotlights, Solar LED area lights, and Solar LED garden lights. With a market share of more than 50% in 2022, the solar LED street lighting category held the top spot. The trend is projected to persist over the projection period. It is anticipated that the expansion of smart city initiatives and investments in road infrastructure upgrading projects will accelerate industry growth. Additionally, many local governments worldwide are pursuing Public-Private Partnerships (PPP) to get funding for the installation of solar street lighting, thereby promoting sector growth and promoting energy savings.
by Light source
LED
Others(CFL, Induction)
by Grid Type On Grid
Off Grid
by Wattage
Less than 39W
40W to 149W
Greater than 149W
by End-User
Commercial
Industrial
Residential
by Application
Solar LED street light
garden light
flood light
area light
spot light
Key Players: the key players are
1. Green shine New Energy
2. Jiawei
3. LEADSUN
4. Ok Solar
5. SBM-SolarTech
6. SEPCO Solar Electric Power Company
7. Signify Holding
8. SOKOYO
9. Solar Street Lights USA
10. Sunna Design SA
11. Signify Holding
12. Eaton
13. Solar Electric Power Company
14. Su-Kam Power System
15. Clear Blue Technologies
16. Jinhua Sunmaster Solar Lighting Co.Ltd
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Regional Analysis:
Individual market influencing variables and changes in market laws that affect present and future market trends are also included in the regional segment of the Outdoor Solar LED market study. Consumption volumes, production sites and volumes, import-export analysis, price trend analysis, raw material pricing, and downstream and upstream value chain analysis are some of the primary factors utilized to anticipate market conditions for individual nations.
COVID-19 Impact Analysis on Outdoor Solar LED Market:
The report also includes COVID-19 impact on Outdoor Solar LED market.
Key Questions Answered in the Outdoor Solar LED Market Report are:
- What will be the CAGR of the Outdoor Solar LED market during the forecast period (2021-2027)?
- Which segment emerged as the leading segment in the Outdoor Solar LED market in 2020?
- Which are the key players in the Outdoor Solar LED market?
- What key trends are likely to emerge in the Outdoor Solar LED market in the forecast period?
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