About solar street light market, how much do you know? Today, please follow Bosun and get the news!
Rise in awareness about clean energy in developing countries in all parts of the world, growing requirement of energy, decreased prices of different type of solar lights, and certain properties of solar lights like energy independence, easy installation, reliability, and waterproofing elements drive the growth of the global solar lights market.
Allied Market Research published a report, titled, “Solar Lights Market by Type (Outdoor Solar Lights, Indoor Solar Lights), by Panel Type (Polycrystalline, Monocrystalline, Amorphous), by Solar Power Systems (Off-Grid, On-Grid, Hybrid), by Application (Highways and Roadways, Residential, Commercial and Industrial, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to report, the global solar lights industry generated $8.1 billion in 2021, and is anticipated to generate $14.2 billion by 2031, witnessing a CAGR of 6.2% from 2022 to 2031.
The Global Solar Power LED Street Light Market Is Projected To Grow at a CAGR of 11.4% during the Forecast Period 2022-2030. Solar street lights cut down on how much we rely on AC electricity, releasing less carbon, and give us a green environment. Solar street lights are a good way to light up places that lack of electricity. Solar street lights could be applied many streets, roads, courtyards, parks, airports, and other places.
Request Sample Copy of Report “Solar Power LED Street Light Market Size, Share & Trends Estimation Report By Type (Solar Street Lighting, LED Street Lighting), By Application (Municipal Infrastructure, Residential, Others), By Region, And Segment Forecasts, 2023 - 2030”, published by Contrive Datum Insights.
Recent Developments in Bosun:
Smart solar lighting solution is coming! We focus on innovation, and also focus on future! It could work with IoT tech to achieve controling lights on system of PC or cellphone.
Post time: Mar-20-2023