A Quick Look of the Status Quo and Trend of the Global Solar Street Lighting Market
Mistei, a professional manufacturer of solar LED lights 2023-02-08T02:48:02.000+0000

Generally speaking, the global solar street lighting market has been increasing from 2016 to 2020. It’s expected to increase at a CAGR of 19% next 5 years. Therefore, more investment is expected to get into the market. Usually, the global solar street lighting market is segmented into two parts: fluorescent lamps and LED lamps. The former dominates the market with 62% market share coverage. Due to the increasing demand in using clean energy to build up a sustainable world, the latter is found to grow very fast. Outdoor solar LED street lights are increasing popular among customers because they are charged up by solar energy without emission of pollution. Beside, no electric cords or maintenance after installation is needed. It is safer and more convenient for residents and pedestrians than other street lights. 


In 2015, Asia-Pacific covered 46% of the Market,and EMEA 30% and the Americas 23%.

Asia-Pacific: Governments of China and India Offer Incentives to Boost Growth

Asia-Pacific holds the largest market share of the global solar street lighting market. During the last few years, many governments in this area, particularly India and China, have striven to promote energy-saving lights. Many LED chip and packaging factories have been established in China, Japan and South Korea, in order to resonate with this governmental promotion.
 Meanwhile, the Indian government has concentrated on establishing intelligent cities. It intended to build up more than 100 smart cities by 2030. Compared with those traditional street lights, solar LED lights are much more cost-effective since they don’t need connected to the power grid. They're ideal for people in those  places where they could get sufficient sunshine but insufficient electricity. When the night comes, solar LED street lights could drive the darkness away in those remote areas. They could greatly improve local people’s living standards, such as more economic activities and better traffic conditions. It’s reported that more than 1,000 villages in India, China and Africa have taken the initiatives to install solar LED street lights.  

Europe, Middle-East and Africa: a Huge Potential Increase is Predicted in Africa 

In 2015, Europe obtained the 2nd largest segment of the global solar street lighting market. This was mainly driven by local governments’ policies of energy efficiency and renewable energy targets, which in turn has simulated the increasing installation of solar street lights. Particularly, in the UK, these lights accounted for 40% of energy consumption which drove the government to combine solar energy and LED lights. This decision eventually help decrease carbon dioxide emissions as well as energy costs. 
 Meanwhile, the Middle East and Southern Europe enjoy a prestige in using solar energy due to their sufficient yearly sunny exposure. In order to cut down the electricity bills, the Egyptian government is urging people to install more solar street lights. However, the traditional lighting solution is still common in many parts of Africa. Local governments are striving to build up solar lighting system to improve the economic and social conditions of their rural and urban populations. 


Americas: Brazil and the US Enjoy the Highest Demand for Solar Street Lights

In the US, the government is striving to encourage the solar energy industry. More and more citizens begin to realize using solar street lights could help reduce energy costs. Meanwhile, they have less worries because the improved technologies have enhanced the performance of LEDs and solar panels. For instance, in 2016 Las Vegas government cooperated with EnGoPLANET, a New York company to replace traditional energy with solar street lights. People believed that using renewable new energy could make this city stay clean and sustainable. 
 While the North American solar street lighting market is largely dominated by the USA, the one in South America is led by Brazil. Since 2013, Brazil has invest heavily in the market. R20Hub, a Brazilian company is leading the local market, aiming to cover 1.5 million street lights in 13 cities across the country. This will help local people’s dependence in the electricity grid.  

Facebook Tweet Pinterest
WhatsApp us