In 2022, the global market for outdoor solar Light Emitting Diode (LED) lighting was valued at USD 7.5 billion. It is projected to grow at a revenue CAGR of 25% during the forecast period and reach USD 55.88 billion by 2032. This growth is attributed to increasing awareness of the negative environmental impact of traditional lighting systems and a rising demand for energy-efficient outdoor lighting solutions.
The need for sustainable and cost-effective lighting solutions, the increasing popularity of smart cities, and the demand for off-grid lighting solutions are among the key drivers of market revenue growth. Outdoor solar LED lighting systems are becoming increasingly prevalent in both residential and commercial settings, including parks, gardens, roads, and business complexes. Manufacturers are continuously developing technologically advanced and energy-efficient outdoor solar LED lighting systems in response to growing awareness of the benefits of renewable energy sources and increasing demand for sustainable energy solutions.
To get a sample copy of the report, click on @ https://www.reportsanddata.com/sample-enquiry-form/6162
Top Profiled Companies in the Global Street Lighting Outdoor Solar Light Emitting Diode (LED) Market Report:
- Philips Lighting
- Solar Electric Power Company
- Greenshine New Energy
- Osram Licht AG
- Cree, Inc.
- Signify Holding (formerly Philips Lighting)
- Anhui Longvolt Energy Co. Ltd.
- Delight Solar
- Carmanah Technologies Corp.
- Bridgelux, Inc.
Major Driving Factors for Street Lighting Outdoor Solar Light Emitting Diode (LED) Market:
1. Increasing awareness of the negative environmental impact of traditional lighting systems and a growing demand for energy-efficient outdoor lighting solutions.
2. Increasing awareness of the negative environmental impact of traditional lighting systems and a growing demand for energy-efficient outdoor lighting solutions.
3. The popularity of smart cities and the demand for innovative technologies to improve urban infrastructure.
4. The versatility of outdoor solar LED lighting systems, which can be used in various settings, including residential and commercial areas such as parks, gardens, roads, and business complexes.
5. The continuous development of technologically advanced and energy-efficient outdoor solar LED lighting systems by manufacturers in response to increasing demand for sustainable energy solutions.
Key Regional Markets Covered in the Report:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Click here to know more about the report @ https://www.reportsanddata.com/report-detail/outdoor-solar-light-emitting-diode-led-market
Further market segmentation
Application Outlook (Revenue, USD Billion, 2019 - 2032)
- Street Lighting
- Residential
- Commercial
- Others
Wattage Outlook (Revenue, USD Billion, 2019 - 2032)
- Less than 39W
- 40W to 149W
- More than 150W
End-Use Outlook (Revenue, USD Billion, 2019 - 2032)
- Residential
- Commercial
- Industrial
Key Takeaways of the Global Street Lighting Outdoor Solar Light Emitting Diode (LED) Market Report:
· A comprehensive overview of the global Outdoor Solar Light Emitting Diode (LED) industry.
· Accurate market projections in terms of market size, share, and volume.
· Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
· Deep-dive analysis of the upcoming market trends.
· Qualitative and quantitative analyses of the global Street Lighting Outdoor Solar Light Emitting Diode (LED) Market.
· Elaborate study of the leading regional markets in the global Street Lighting Outdoor Solar Light Emitting Diode (LED) Market.
· Complete overview of the market’s competitive landscape.
· Brief look at the company profiles and portfolios.
Request customization of the report @ https://www.reportsanddata.com/request-customization-form/6162
Thanks for reading our report. Please connect with us in case you require further details on the report or its customization. Our market research team will ensure the report is well-suited to your needs.
Browse More Research Reports
https://vrachirf.ru/away?key=3e23243e-362c-4d3e-b723-51f13ae0ac3e&distId=1513&to=https://www.reportsanddata.com/report-detail/halal-ingredients-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Blog: https://www.reportsanddata.com/blogs
English
Arabic
French
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Greek