Solar Street Lighting Market Analysis- opportunities sales, revenue, Gross Margin, Outlook and Forecast To 2022

Published On:May 19, 2017, 5:20 pm

Solar street lights are widely being utilized for outdoor road lighting as their essential wellspring of energy is solar power. With negligible reliance on conservative sources of energy, these lighting mediums worked on remain solitary mode, taking out the requirement for a general network of any power prerequisites. The independent solar based photovoltaic road lighting system contains a re-chargeable lead corrosive battery for storage purpose, light source, PV called as photovoltaic modules for charging the battery, and light transmitting diodes (LED), appropriate gadgets for the operation of the pack, and safe charging and releasing of the battery and mechanical equipment for settling these sub-systems. The major plus point of these lighting systems is that they accessible either with the automatic sunset to the first light operation or with a pre-set clock. Tubular batteries furnished with the solar powered road lighting systems require uncommonly low support and are known to have a long life.

The expanded support from the governments of several nations over the world as one of the essential development elements for the solar based road lights market. The always expanding energy costs and the ascent demand after for electricity has prompted different governments to shape associations with international organizations and regional non-governmental organizations (NGOs) to introduce various plans that give subsidies to the execution of solar lighting systems.

The Global Solar Street Lighting Market can be largely segmented on the basis of types like Compact Fluorescent Lamps (CFL) and Light Emitting Diode (LED) and application types such as Residential District and Municipal Roads. This market segmented globally, by top players like Bridgelux, Solar Electric Power Company (SEPCO), Tata Power Solar Systems, Urja Global, Shenzhen Spark Optoelectronics S&T, Philips Lighting, Su-Kam Power Systems, Omega Solar Street Lights USA, Covimed Solar, Dragons Breath Solar, Elecssol, Fosera, KCP Solar, SOKOYO, Solektra, Sunna Design, and VERYSOL. On the basis of region, the Solar Street Lighting Market has been segmented into North America, Southeast Asia, India, China, Europe, and Japan.

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