The solar lighting system market is valued at USD 4.35 billion in 2018 and is expected to reach USD 13.38 billion by 2026, with a CAGR of 15% from 2021 to 2027.
The market is growing as the demand for energy efficient solar lighting systems increases due to the increasing environmental crisis and pollution. Increasing use of renewable energy for lighting and growing demand in developing and emerging countries are other factors contributing to growth.
A full report of Solar Lighting System Market available at https://www.orionmarketreports.com/solar-backsheet-market/33314/
Key Players
Key players in the global solar street lighting market 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).
Solar Lighting System Market- Segmentation
By Light Source:
• LED
• Others (CFL And Induction)
By Offering:
• Hardware
• Software & Services
By Grid Type:
• Off-Grid
• Hybrid
By Application:
• Industrial
• Highways and Roadways
• Commercial
• Residential
• Others (Amusement Parks, Playgrounds, And Emergency Lights)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)