Current Situation and Development Trend of Global Solar Street Lighting Market
2018/6/25 Viewers:
From 2016 to 2020, the global solar street market is expected to grow at a compound annual growth rate of 19%. The global solar street market is subdivided into two products, fluorescent lamps and LED lights. At present the market to fluorescent lamps, accounting for 62% of the market share. The rapid growth of the solar street market is mainly to meet the growing needs, reduce the power consumption of street lamps to protect the safety of residents and pedestrians.
In 2015, the Asia-Pacific region accounted for 46% of the market, Europe and the Middle East and Africa accounted for 30%, the Americas accounted for 23%
Asia and the Pacific: Chinese and Indian governments take incentives to boost growth
Asia and the Pacific occupy the largest market share. This is mainly due to India and China and other countries to promote energy-saving lamps, in addition to China, Japan, South Korea, Taiwan, there are many LED chips and packaging plants.
The Indian government is focused on developing a smart city that aims to build at least 100 smart cities by 2030. Unlike traditional street lamps, solar LEDs are extremely cost-effective because they do not need to be connected to the grid, and are very viable in sunny countries, making them ideal for off-grid applications. Even after dark, solar street lights in remote areas can still function properly, which will improve the living standards of the local people. These factors will encourage 1,000 villages to take the initiative to install solar LED lights. India, China and Africa, many villages have installed solar LED lights.
Europe, the Middle East and Africa: Africa solar street market growth potential is huge
In 2015, Europe is the second largest contributor to the global solar street lighting market. The market is driven by the government's energy efficiency and renewable energy targets, which in turn fueled the installation of European solar street lights. In the UK, street lamps account for about 40% of the consumption, so the government will combine solar and LED lights. This program helps reduce CO2 emissions while saving energy costs. Philips has launched a solar street light products, help to change the energy-saving street lighting system used in traditional lighting.
Europe and the Middle East sunny enough, can be used off-grid system. The Egyptian government is installing solar street lights to reduce the load on the grid. Many parts of Africa still rely on traditional lighting. Several cities in the region have installed solar street lighting systems to improve the social and economic conditions of rural and urban populations.
Americas: Brazil and the United States have the highest demand for solar street lights
The US government vigorously promotes energy conservation. LED and solar panels cost down, improve performance, and promote the installation of the US solar street light. In 2016, Las Vegas and New York, a company EnGoPLANET cooperation to install solar street lights to change the traditional Although the United States in the North American solar street market dominance, Brazil in the South American solar street market leader. Brazil has been investing LED lights since 2013. Brazil's R20Hub is a leading large-scale LED street lighting program, targeting 13 cities across the country covering 1.5 million street lamps to reduce grid pressure.
Asia and the Pacific occupy the largest market share. This is mainly due to India and China and other countries to promote energy-saving lamps, in addition to China, Japan, South Korea, Taiwan, there are many LED chips and packaging plants.
The Indian government is focused on developing a smart city that aims to build at least 100 smart cities by 2030. Unlike traditional street lamps, solar LEDs are extremely cost-effective because they do not need to be connected to the grid, and are very viable in sunny countries, making them ideal for off-grid applications. Even after dark, solar street lights in remote areas can still function properly, which will improve the living standards of the local people. These factors will encourage 1,000 villages to take the initiative to install solar LED lights. India, China and Africa, many villages have installed solar LED lights.
Europe, the Middle East and Africa: Africa solar street market growth potential is huge
In 2015, Europe is the second largest contributor to the global solar street lighting market. The market is driven by the government's energy efficiency and renewable energy targets, which in turn fueled the installation of European solar street lights. In the UK, street lamps account for about 40% of the consumption, so the government will combine solar and LED lights. This program helps reduce CO2 emissions while saving energy costs. Philips has launched a solar street light products, help to change the energy-saving street lighting system used in traditional lighting.
Europe and the Middle East sunny enough, can be used off-grid system. The Egyptian government is installing solar street lights to reduce the load on the grid. Many parts of Africa still rely on traditional lighting. Several cities in the region have installed solar street lighting systems to improve the social and economic conditions of rural and urban populations.
Americas: Brazil and the United States have the highest demand for solar street lights
The US government vigorously promotes energy conservation. LED and solar panels cost down, improve performance, and promote the installation of the US solar street light. In 2016, Las Vegas and New York, a company EnGoPLANET cooperation to install solar street lights to change the traditional Although the United States in the North American solar street market dominance, Brazil in the South American solar street market leader. Brazil has been investing LED lights since 2013. Brazil's R20Hub is a leading large-scale LED street lighting program, targeting 13 cities across the country covering 1.5 million street lamps to reduce grid pressure.
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