Global Solar Powered Street Lights market cagr 7.8%

Solar Powered Street Lights Market Size and Growth

The Solar Powered Street Lights market research reports indicate a growing market driven by increasing focus on energy efficiency and sustainability. The market size is projected to reach $10.8 billion by 2025, with a CAGR of 23.1% during the forecast period. This presents significant opportunities for industry players to capitalize on the demand for eco-friendly lighting solutions.

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Companies Covered (Covid 19 Impact Covered)

◍ Philips

◍ Tata Power Solar Systems

◍ Bisol

◍ Leadsun

◍ Su-Kam Power Systems

◍ Urja Global

◍ Solar Electric Power (SEPCO)

◍ Jiawei

◍ Yingli Solar

◍ King-sun

◍ BYD

◍ Shenzhen Spark Optoelectronics S&T

The competitive landscape of Solar Powered Street Lights Market includes key players such as Philips, Tata Power Solar Systems, Bisol, Leadsun, Su-Kam Power Systems, Urja Global, SEPCO, Jiawei, Yingli Solar, Kingsun, BYD, and Spark Optoelectronics. These companies offer innovative solar street lighting solutions which help in reducing energy costs and carbon footprint, contributing to the growth of the market.

- Tata Power Solar Systems sales revenue: $1.2 billion

- Su-Kam Power Systems sales revenue: $500 million

- Yingli Solar sales revenue: $2.3 billion

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Market Segmentation

By Application

◍ Residential

◍ Municipal Infrastructure

◍ Others

By Product

◍ Standalone

◍ Grid Connected

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Market Growth

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$ X Billion USD