Global Solar Lighting Systems Strategic Business Report 2024-2030: Internet of Energy (IoE) Sets the Stage for Renewables
Saturday, February 24, 2024
DUBLIN, Feb. 16, 2024 /PRNewswire/ -- The "Solar Lighting Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
Global Solar Lighting Systems Market to Reach $19.2 Billion by 2030
The global market for Solar Lighting Systems estimated at US$6.8 Billion in the year 2022, is projected to reach a revised size of US$19.2 Billion by 2030, growing at a CAGR of 14% over the analysis period 2022-2030. LED, one of the segments analyzed in the report, is projected to record 16% CAGR and reach US$14.6 Billion by the end of the analysis period. Growth in the Other Light Sources segment is estimated at 9.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 16.2% CAGR
The Solar Lighting Systems market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.9 Billion by the year 2030 trailing a CAGR of 16.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.7% and 11.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.1% CAGR.
What`s New?
-- Special discussions on the global economic climate and market sentiment
-- Coverage on global competitiveness and key competitor percentage market
shares
-- Market presence analysis across multiple geographies -
Strong/Active/Niche/Trivial
-- Online interactive peer-to-peer collaborative bespoke updates
-- Access to digital archives and trademarked research platform
-- Complimentary updates for one year
-- Access to curated YouTube video transcripts of market sentiments shared
by CEOs, domain experts and market influencers via interviews, podcasts,
press statements and event keynotes
MARKET OVERVIEW
-- Solar Lighting Systems - Global Key Competitors Percentage Market Share
in 2022 (E)
-- Competitive Market Presence - Strong/Active/Niche/Trivial for Players
Worldwide in 2022 (E)
-- Solar Power Becomes Indispensable to Global Energy Mix
-- Robust Demand for Solar Power Provides a Fertile Environment for the
Growth of Solar Lighting Systems: Global Demand for Solar Photovoltaic
Power (In Gigawatts) for Years 2020, 2022, 2024 & 2026
-- What's In-Store for Renewable Resources?
-- Recent Market Activity
-- Innovations
-- World Brands
MARKET TRENDS & DRIVERS
-- Internet of Energy (IoE) Sets the Stage for Renewables. Here's How
-- Myriad Factors Support the Trend Towards Solar Street Lighting
-- Innovation is Key to Sustained Growth of Solar Street Lights
-- Smart Cities to Provide Added Boost for Solar Street Lighting
-- Focus on Reshaping City Resilience to Future Pandemics & Crisis Will
Spur Rejuvenated Spending on Smart City Projects in the Post COVID-19
Period, Providing a Goldmine of Opportunities for Solar Street Lighting:
Global Smart City Spending (In US$ Billion) for the Years 2021, 2024 &
2027
-- AI Makes Its Presence Felt in the Solar Lighting Systems Market
-- Favorable Regulations Remain Imperative for Sustained Growth in the
Market
-- Domestic Targets for Greenhouse Gas Emissions of Select
Regions/Countries
-- Targets for Electricity Production from Renewable Energy Sources in
Select Countries
-- Market to Benefit from the Shift Towards Decentralized Power Generation
& Rural Electrification in Emerging Nations
-- Global Distributed PV Capacity Growth (in GW) by End-Use for the Period
2007-12, 2012-18 and 2019-24
-- Rising Popularity of Building Integrated Photovoltaics (BIPV) to Spur
Growth in the Residential and Commercial Sectors
-- Dedicated Solar Electric Architecture is Imperative for Better Quality
Solar Lights: Global Building Integrated Photovoltaics (BIPV) Market by
Region (in US$ Million) for the Years 2020 and 2027
-- Long-term Prospects Remain Favorable Amid Growing Population &
Urbanization Drive
-- World Population (in Thousands) by Geographic Region for the Years 2019,
2030, 2050, 2100
-- Degree of Urbanization Worldwide: Urban Population as a % of Total
Population by Geographic Region for the Years 1950, 1970, 1990, 2018,
2030 and 2050
FOCUS ON SELECT PLAYERS (Total 83 Featured)
-- Jain Irrigation Systems Ltd.
-- Halonix Technologies Ltd.
-- Exide Industries Ltd.
-- Hippo Innovations Pvt., Ltd.
-- BISOL Group, d.o.o.
-- Clear Blue Technologies Inc.
-- Azuri Technologies Ltd.
-- Deepa Solar Systems Pvt. Ltd.
-- Dragons Breath Solar
-- COVIMED Group
-- FlexSol Solutions B.V.
-- Cooper Lighting, LLC
-- Kamworks
-- Microenergy Credits
-- Integrated Batteries India Private Limited (IB Solar)
For more information about this report visit https://www.researchandmarkets.com/r/st3rzg
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/global-solar-lighting-systems-strategic-business-report-2024-2030-internet-of-energy-ioe-sets-the-stage-for-renewables-302063917.html
SOURCE Research and Markets
|
|
|
|
|
 |
Weekly Recap: 11 Tech Press Releases You Need to See | Jan 22, 2026
|
|
Sup AI Sets New Benchmark Record with 52.15% on Humanity's Last Exam | Jan 22, 2026
|
|
DEADLINE ANNOUNCED FOR 2026 NEW TOP-LEVEL DOMAIN APPLICATIONS | Jan 22, 2026
|
|
Trigent Partners with WeWork India to Expand its GCC Footprint | Jan 22, 2026
|
|
Skunk Works® and XTEND Expand Joint All Domain Command and Control for Advanced Mission Execution | Jan 22, 2026
|
|
Exia Labs Brings Keystone to the U.S. Navy via DIU's Blue Object Management Challenge | Jan 22, 2026
|
|
Altair HyperWorks 2026 Delivers Design and Simulation at Scale with AI | Jan 22, 2026
|
|
Glasswall Brings Defense-Level File Sanitization to Every Government Agency and Business Using Microsoft 365 | Jan 22, 2026
|
|
Buyers Edge Platform Appoints Jaime Selga to Lead Expansion Across the Middle East, Africa & Asia | Jan 22, 2026
|
|
Genpact Named a Leader in ISG Provider Lens(TM) 2025 for Insurance GCCs and Agentic AI Services | Jan 22, 2026
|
|
|
