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Global Outdoor Solar LED Market Size study, by Application (Solar LED Street Lights, Solar Garden LED Lights, Solar LED Floodlights, Solar LED Area Lights, Solar LED Spot Lights), End Use (Residential, Commercial, Industrial), by Wattage (Less than 39W, 40W to 149W, More than 150W) and Regional Forecasts 2021-2027

  • BIZ4386103
  • 200 Pages
  • May 2021
  • Semiconductor and Electronics
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Global Outdoor Solar LED Market is valued approximately USD 4.35 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 24.5 % over the forecast period 2021-2027. Outdoor Solar LED or LED solar street lights can be described as outdoor light sources which are powered by photo-voltaic panels (solar panels) mounted on the lighting structure. The panels charge a rechargeable battery which in turn powers an LED lamp during the night. Urbanization, increasing vehicular traffic, growing road infrastructure, has led the adoption of Outdoor Solar LED across the forecast period. As number of highways increase, it ultimately will result in demand for street lights. For instance, as per the Union Budget 2021-22 government of India invested 1,18,101crore in highway sector. In 2017, investments reached a high of roughly 9.1 billion euros in UK. However, high manufacturing costs impede the growth of the market over the forecast period of 2021-2027. Also, with the increasing projects such as smart cities, Bharatmala project, longer life expectancy and ease of installation, adoption & demand for Outdoor Solar LED which is likely to increase.

In the regional analysis of global Outdoor Solar LED market includes the regions as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to highway infrastructure development plans in the U.K., Germany, France, and other European countries. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors include increasing number of smart cities, infrastructure development, and city expansion projects in several countries in the region can be attributed to the growth of the regional market.

Major market player included in this report are:

Greenshine New Energy

Jiawei

LEADSUN

OkSolar

SBM-SolarTech

SEPCO Solar Electric Power Company

Signify Holding

SOKOYO

Solar Street Lights USA

Sunna Design SA

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Solar LED Street Lights

Solar Garden LED Lights

Solar LED Floodlights

Solar LED Area Lights

Solar LED Spot Lights

By End Use:

Residential

Commercial

Industrial

By Wattage:

Less than 39W

40W to 149W

More than 150W

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Outdoor Solar LED Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1.Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Outdoor Solar LED Market, by Region, 2019-2027 (USD Billion)

1.2.2. Outdoor Solar LED Market, by Application, 2019-2027 (USD Billion)

1.2.3. Outdoor Solar LED Market, by End Use, 2019-2027 (USD Billion)

1.2.4. Outdoor Solar LED Market, by Wattage, 2019-2027 (USD Billion)

1.2.5. Outdoor Solar LED Market, by Region Analysis, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Outdoor Solar LED Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Outdoor Solar LED Market Dynamics

3.1. Outdoor Solar LED Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Urbanization

3.1.1.2. Increasing vehicular traffic

3.1.2. Market Challenges

3.1.2.1. High manufacturing costs

3.1.3. Market Opportunities

3.1.3.1. Increasing projects for smart cities

3.1.3.2. Ease of installation of products

Chapter 4. Global Outdoor Solar LED Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Outdoor Solar LED Market, by Application

5.1. Market Snapshot

5.2. Global Outdoor Solar LED Market by Application, Performance - Potential Analysis

5.3. Global Outdoor Solar LED Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

5.4. Outdoor Solar LED Market, Sub Segment Analysis

5.4.1. Solar LED Street Lights

5.4.2. Solar Garden LED Lights

5.4.3. Solar LED Floodlights

5.4.4. Solar LED Area Lights

5.4.5. Solar LED Spot Lights

Chapter 6. Global Outdoor Solar LED Market, by End Use

6.1. Market Snapshot

6.2. Global Outdoor Solar LED Market by End Use, Performance - Potential Analysis

6.3. Global Outdoor Solar LED Market Estimates & Forecasts by End Use 2018-2027 (USD Billion)

6.4. Outdoor Solar LED Market, Sub Segment Analysis

6.4.1. Residential

6.4.2. Commercial

6.4.3. Industrial

Chapter 7. Global Outdoor Solar LED Market, by Wattage

7.1. Market Snapshot

7.2. Global Outdoor Solar LED Market by Wattage, Performance - Potential Analysis.

7.3. Global Outdoor Solar LED Market Estimates & Forecasts by Wattage Type 2018-2027 (USD Billion)

7.4. Outdoor Solar LED Market, Sub Segment Analysis

7.4.1. Less than 39W

7.4.2. 40W to 149W

7.4.3. More than 150W

Chapter 8. Global Outdoor Solar LED Market, Regional Analysis

8.1. Outdoor Solar LED Market, Regional Market Snapshot

8.2. North America Outdoor Solar LED Market

8.2.1. U.S. Outdoor Solar LED Market

8.2.1.1. Application breakdown estimates & forecasts, 2018-2027

8.2.1.2. End Use breakdown estimates & forecasts, 2018-2027

8.2.1.3. Wattage Type breakdown estimates & forecasts, 2018-2027

8.2.2. Canada Outdoor Solar LED Market

8.3. Europe Outdoor Solar LED Market Snapshot

8.3.1. U.K. Outdoor Solar LED Market

8.3.2. Germany Outdoor Solar LED Market

8.3.3. France Outdoor Solar LED Market

8.3.4. Spain Outdoor Solar LED Market

8.3.5. Italy Outdoor Solar LED Market

8.3.6. Rest of Europe Outdoor Solar LED Market

8.4. Asia-Pacific Outdoor Solar LED Market Snapshot

8.4.1. China Outdoor Solar LED Market

8.4.2. India Outdoor Solar LED Market

8.4.3. Japan Outdoor Solar LED Market

8.4.4. Australia Outdoor Solar LED Market

8.4.5. South Korea Outdoor Solar LED Market

8.4.6. Rest of Asia Pacific Outdoor Solar LED Market

8.5. Latin America Outdoor Solar LED Market Snapshot

8.5.1. Brazil Outdoor Solar LED Market

8.5.2. Mexico Outdoor Solar LED Market

8.6. Rest of The World Outdoor Solar LED Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Greenshine New Energy

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Jiawei

9.2.3. LEADSUN

9.2.4. OkSolar

9.2.5. SBM-SolarTech

9.2.6. SEPCO Solar Electric Power Company

9.2.7. Signify Holding

9.2.8. SOKOYO

9.2.9. Solar Street Lights USA

9.2.10. Sunna Design SA

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Outdoor Solar LED market, report scope

TABLE 2. Global Outdoor Solar LED market estimates & forecasts by Region 2018-2027 (USD Billion)

TABLE 3. Global Outdoor Solar LED market estimates & forecasts by Application 2018-2027 (USD Billion)

TABLE 4. Global Outdoor Solar LED market estimates & forecasts by End Use2018-2027 (USD Billion)

TABLE 5. Global Outdoor Solar LED market estimates & forecasts by Wattage Type2018-2027 (USD Billion)

TABLE 6. Global Outdoor Solar LED market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Outdoor Solar LED market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Outdoor Solar LED market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Outdoor Solar LED market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Outdoor Solar LED market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Outdoor Solar LED market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Outdoor Solar LED market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Outdoor Solar LED market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Outdoor Solar LED market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Outdoor Solar LED market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. U.S. Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. U.S. Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 18. U.S. Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 19. Canada Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Canada Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 21. Canada Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 22. UK Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. UK Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. UK Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. Germany Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 26. Germany Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. Germany Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. RoE Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 29. RoE Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. RoE Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. China Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 32. China Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. China Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. India Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 35. India Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. India Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. Japan Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 38. Japan Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Japan Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. RoAPAC Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 41. RoAPAC Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. RoAPAC Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. Brazil Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 44. Brazil Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. Brazil Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. Mexico Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 47. Mexico Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. Mexico Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. RoLA Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 50. RoLA Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. RoLA Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. Row Outdoor Solar LED market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 53. Row Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Row Outdoor Solar LED market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. List of secondary sources, used in the study of global Outdoor Solar LED market

TABLE 56. List of primary sources, used in the study of global Outdoor Solar LED market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

 
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