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PUBLISHER: SkyQuest | PRODUCT CODE: 1913097

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PUBLISHER: SkyQuest | PRODUCT CODE: 1913097

Solar Street Lighting Market Size, Share, and Growth Analysis, By Connection Type (Standalone, On Grid), By Product Type (Compact Fluorescent Lamps (CFL), Light Emitting Diode (LED)), By Application, By Region - Industry Forecast 2026-2033

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Global Solar Street Lighting Market size was valued at USD 2.89 Billion in 2024 and is poised to grow from USD 3.34 Billion in 2025 to USD 10.65 Billion by 2033, growing at a CAGR of 15.6% during the forecast period (2026-2033).

The global solar street lighting market is experiencing significant growth due to several key trends. Increased government support for green infrastructure and urbanization in developing nations, combined with declining costs of solar panels and batteries, are primary catalysts. There is heightened emphasis on energy-efficient lighting solutions and the integration of smart technologies. Government initiatives aimed at promoting clean energy, especially in rural electrification and smart cities, further bolster this market. Advances in solar photovoltaic and battery efficiencies, alongside improvements in LED technology and smart controls, enhance reliability and affordability. Growing concerns over carbon emissions and the demand for off-grid lighting in rural areas also drive adoption. Collectively, these factors create a favorable environment for investment, manufacturing, and public sector engagement in solar lighting initiatives globally.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Solar Street Lighting market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Solar Street Lighting Market Segments Analysis

Global Solar Street Lighting Market is segmented by Connection Type, Product Type, Application and region. Based on Connection Type, the market is segmented into Standalone and On Grid. Based on Product Type, the market is segmented into Compact Fluorescent Lamps (CFL) and Light Emitting Diode (LED). Based on Application, the market is segmented into Residential, Commercial and Industrial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Solar Street Lighting Market

The Global Solar Street Lighting market is significantly driven by a growing emphasis on sustainable infrastructure led by governments worldwide. Initiatives aimed at promoting energy efficiency and addressing climate change have resulted in various regulations, public-private collaborations, and financial incentives that encourage the widespread adoption of solar streetlights in public spaces. These efforts contribute to a notable reduction in greenhouse gas emissions while simultaneously fostering the demand for intelligent off-grid public lighting solutions. As more stakeholders recognize the advantages of solar street lighting, the market is positioned for expansion, with increased installations in urban and rural areas alike.

Restraints in the Global Solar Street Lighting Market

The global solar street lighting market faces significant challenges primarily due to the substantial initial investment required for advanced systems, particularly those featuring sensors and remote monitoring capabilities. Many municipalities grapple with tight budgets, leading to hesitance or delays in implementing such technologies. The financial constraints of local governments further exacerbate this issue, hindering the widespread adoption of solar street lighting solutions. In economically developing nations, where funding for infrastructure projects remains limited, the heightened sensitivity to costs will significantly influence market growth prospects. Addressing these financial barriers is vital for advancing the penetration of solar street lighting in urban areas.

Market Trends of the Global Solar Street Lighting Market

The Global Solar Street Lighting market is witnessing a significant trend towards the integration of smart city infrastructure, with solar street lighting evolving from simple lighting solutions to multifaceted urban assets. These advanced systems are increasingly incorporating artificial intelligence and smart sensors, enabling them to wirelessly collect and analyze real-time data on traffic patterns, air quality, and energy consumption. This transition highlights a broader commitment to sustainability and innovation, as cities leverage such technologies to enhance urban living conditions while optimizing resource management. Consequently, solar street lighting is becoming a vital component in the planning and development of sustainable urban environments.

Product Code: SQMIG20D2383

Table of Contents

Introduction

  • Objectives of the Study
  • Scope of the Report
  • Definitions

Research Methodology

  • Information Procurement
  • Secondary & Primary Data Methods
  • Market Size Estimation
  • Market Assumptions & Limitations

Executive Summary

  • Global Market Outlook
  • Supply & Demand Trend Analysis
  • Segmental Opportunity Analysis

Market Dynamics & Outlook

  • Market Overview
  • Market Size
  • Market Dynamics
    • Drivers & Opportunities
    • Restraints & Challenges
  • Porters Analysis
    • Competitive rivalry
    • Threat of substitute
    • Bargaining power of buyers
    • Threat of new entrants
    • Bargaining power of suppliers

Key Market Insights

  • Key Success Factors
  • Degree of Competition
  • Top Investment Pockets
  • Market Ecosystem
  • Market Attractiveness Index, 2025
  • PESTEL Analysis
  • Macro-Economic Indicators
  • Value Chain Analysis
  • Pricing Analysis

Global Solar Street Lighting Market Size by Connection Type & CAGR (2026-2033)

  • Market Overview
  • Standalone
  • On Grid

Global Solar Street Lighting Market Size by Product Type & CAGR (2026-2033)

  • Market Overview
  • Compact Fluorescent Lamps (CFL)
  • Light Emitting Diode (LED)

Global Solar Street Lighting Market Size by Application & CAGR (2026-2033)

  • Market Overview
  • Residential
  • Commercial
  • Industrial

Global Solar Street Lighting Market Size & CAGR (2026-2033)

  • North America (Connection Type, Product Type, Application)
    • US
    • Canada
  • Europe (Connection Type, Product Type, Application)
    • Germany
    • Spain
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia Pacific (Connection Type, Product Type, Application)
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Latin America (Connection Type, Product Type, Application)
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (Connection Type, Product Type, Application)
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Competitive Intelligence

  • Top 5 Player Comparison
  • Market Positioning of Key Players, 2025
  • Strategies Adopted by Key Market Players
  • Recent Developments in the Market
  • Company Market Share Analysis, 2025
  • Company Profiles of All Key Players
    • Company Details
    • Product Portfolio Analysis
    • Company's Segmental Share Analysis
    • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

  • Signify (The Netherlands)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • SOKOYO Solar Group (China)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • VerySol Inc. (U.S.)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Solar Street Lights USA (U.S.)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Dragons Breath Solar (U.K.)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Sunna Design SA (France)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Fonroche Lighting (France)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Novea Energies (France)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Urja Global Ltd. (India)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Omega Solar (India)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Tata Power Solar Systems (India)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Bridgelux Inc. (U.S.)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Solektra International LLC (U.S.)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Yingli (China)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • VNS Bulgaria (Bulgaria)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Greenshine New Energy (U.S.)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • First Light Technologies (Canada)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Leadsun (China)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Yangzhou Bright Solar Solutions Co., Ltd. (China)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Cmoonlight (China)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments

Conclusion & Recommendations

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Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

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