Solar Street Lighting Market is projected to reach US$ 15,716.4 Million by 2030
According to the study undertaken by Astute Analytica the Global Solar Street Lighting Market was valued at US$ 3,972.0 Million in 2021 and is forecasted to reach US$ 15,716.4 Million by 2030.
The market is expected to register a CAGR of 17.12% during forecast period 2022-2030.
Global Solar Street Lighting Market is driven by the increasing urbanization and rising focus on solar energy. Solar Street Light (SSL) are majorly used for outdoor street lighting which are powered by solar panels and are operated on stand alone mode into the pole itself. Technology comprise of a rechargeable battery and are designed to work throughout the night. The street lights which work on wireless technology holds the capability of turning on and off of the network automatically by sensing outdoor lights.
The market is expected to register a CAGR of 17.12% during forecast period 2022-2030.
Global Solar Street Lighting Market is driven by the increasing urbanization and rising focus on solar energy. Solar Street Light (SSL) are majorly used for outdoor street lighting which are powered by solar panels and are operated on stand alone mode into the pole itself. Technology comprise of a rechargeable battery and are designed to work throughout the night. The street lights which work on wireless technology holds the capability of turning on and off of the network automatically by sensing outdoor lights.
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