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Solar Lighting System-Global Market Insights and Sales Trends 2025

Solar Lighting System-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1866285

No of Pages : 120

Synopsis
Solar energy is based on solar energy, photoelectric conversion through solar cells, battery storage and storage of electricity during the day, and power supply to the electric light source through the controller at night to achieve the required functional lighting.
The global Solar Lighting System market size is expected to reach US$ 13560 million by 2029, growing at a CAGR of 11.4% from 2023 to 2029. The market is mainly driven by the significant applications of Solar Lighting System in various end use industries. The expanding demands from the Commercial, Residential, Industrial and Others, are propelling Solar Lighting System market. Off-grid, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hybrid segment is estimated at % CAGR for the next seven-year period.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.332 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Lighting System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Lighting System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Lighting System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Lighting System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Lighting System covered in this report include Fonroche Lighting, Solar Electric Power Company, Sol Inc., SunMaster, Soltech, d.light, Jinhua Sunmaster Lighting Co. Ltd, Deepa Solar Systems Pvt.Ltd and Akshar Solar, etc.
The global Solar Lighting System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Fonroche Lighting
Solar Electric Power Company
Sol Inc.
SunMaster
Soltech
d.light
Jinhua Sunmaster Lighting Co. Ltd
Deepa Solar Systems Pvt.Ltd
Akshar Solar
SolarPath Sun Solutions
Bright wings Energy
SolarOne Solutions
Heliatek
FlexSol Solutions
SkyPower
SUNdigo SOLAR SOLUTIONS
Leadsun Power
Inbrit
SBM-SolarTech
Oorja Solar
Sollatek
Sunna Design
Nokero
Global Solar Lighting System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Lighting System market, Segment by Type:
Off-grid
Hybrid
Global Solar Lighting System market, by Application
Commercial
Residential
Industrial
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solar Lighting System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Lighting System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Solar Lighting System Market Overview
1.1 Solar Lighting System Product Overview
1.2 Solar Lighting System Market Segment by Type
1.2.1 Off-grid
1.2.2 Hybrid
1.3 Global Solar Lighting System Market Size by Type
1.3.1 Global Solar Lighting System Market Size Overview by Type (2018-2029)
1.3.2 Global Solar Lighting System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Solar Lighting System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Solar Lighting System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Solar Lighting System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Solar Lighting System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Solar Lighting System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Solar Lighting System Sales Breakdown by Type (2018-2023)
2 Global Solar Lighting System Market Competition by Company
2.1 Global Top Players by Solar Lighting System Sales (2018-2023)
2.2 Global Top Players by Solar Lighting System Revenue (2018-2023)
2.3 Global Top Players by Solar Lighting System Price (2018-2023)
2.4 Global Top Manufacturers Solar Lighting System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Solar Lighting System Market Competitive Situation and Trends
2.5.1 Solar Lighting System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Solar Lighting System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Solar Lighting System as of 2022)
2.7 Date of Key Manufacturers Enter into Solar Lighting System Market
2.8 Key Manufacturers Solar Lighting System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Solar Lighting System Status and Outlook by Region
3.1 Global Solar Lighting System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Solar Lighting System Historic Market Size by Region
3.2.1 Global Solar Lighting System Sales in Volume by Region (2018-2023)
3.2.2 Global Solar Lighting System Sales in Value by Region (2018-2023)
3.2.3 Global Solar Lighting System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Solar Lighting System Forecasted Market Size by Region
3.3.1 Global Solar Lighting System Sales in Volume by Region (2024-2029)
3.3.2 Global Solar Lighting System Sales in Value by Region (2024-2029)
3.3.3 Global Solar Lighting System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Solar Lighting System by Application
4.1 Solar Lighting System Market Segment by Application
4.1.1 Commercial
4.1.2 Residential
4.1.3 Industrial
4.1.4 Others
4.2 Global Solar Lighting System Market Size by Application
4.2.1 Global Solar Lighting System Market Size Overview by Application (2018-2029)
4.2.2 Global Solar Lighting System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Solar Lighting System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Solar Lighting System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Solar Lighting System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Solar Lighting System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Solar Lighting System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Solar Lighting System Sales Breakdown by Application (2018-2023)
5 North America Solar Lighting System by Country
5.1 North America Solar Lighting System Historic Market Size by Country
5.1.1 North America Solar Lighting System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Solar Lighting System Sales in Volume by Country (2018-2023)
5.1.3 North America Solar Lighting System Sales in Value by Country (2018-2023)
5.2 North America Solar Lighting System Forecasted Market Size by Country
5.2.1 North America Solar Lighting System Sales in Volume by Country (2024-2029)
5.2.2 North America Solar Lighting System Sales in Value by Country (2024-2029)
6 Europe Solar Lighting System by Country
6.1 Europe Solar Lighting System Historic Market Size by Country
6.1.1 Europe Solar Lighting System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Solar Lighting System Sales in Volume by Country (2018-2023)
6.1.3 Europe Solar Lighting System Sales in Value by Country (2018-2023)
6.2 Europe Solar Lighting System Forecasted Market Size by Country
6.2.1 Europe Solar Lighting System Sales in Volume by Country (2024-2029)
6.2.2 Europe Solar Lighting System Sales in Value by Country (2024-2029)
7 Asia-Pacific Solar Lighting System by Region
7.1 Asia-Pacific Solar Lighting System Historic Market Size by Region
7.1.1 Asia-Pacific Solar Lighting System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Solar Lighting System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Solar Lighting System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Solar Lighting System Forecasted Market Size by Region
7.2.1 Asia-Pacific Solar Lighting System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Solar Lighting System Sales in Value by Region (2024-2029)
8 Latin America Solar Lighting System by Country
8.1 Latin America Solar Lighting System Historic Market Size by Country
8.1.1 Latin America Solar Lighting System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Solar Lighting System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Solar Lighting System Sales in Value by Country (2018-2023)
8.2 Latin America Solar Lighting System Forecasted Market Size by Country
8.2.1 Latin America Solar Lighting System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Solar Lighting System Sales in Value by Country (2024-2029)
9 Middle East and Africa Solar Lighting System by Country
9.1 Middle East and Africa Solar Lighting System Historic Market Size by Country
9.1.1 Middle East and Africa Solar Lighting System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Solar Lighting System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Solar Lighting System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Solar Lighting System Forecasted Market Size by Country
9.2.1 Middle East and Africa Solar Lighting System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Solar Lighting System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Fonroche Lighting
10.1.1 Fonroche Lighting Company Information
10.1.2 Fonroche Lighting Introduction and Business Overview
10.1.3 Fonroche Lighting Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Fonroche Lighting Solar Lighting System Products Offered
10.1.5 Fonroche Lighting Recent Development
10.2 Solar Electric Power Company
10.2.1 Solar Electric Power Company Company Information
10.2.2 Solar Electric Power Company Introduction and Business Overview
10.2.3 Solar Electric Power Company Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Solar Electric Power Company Solar Lighting System Products Offered
10.2.5 Solar Electric Power Company Recent Development
10.3 Sol Inc.
10.3.1 Sol Inc. Company Information
10.3.2 Sol Inc. Introduction and Business Overview
10.3.3 Sol Inc. Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sol Inc. Solar Lighting System Products Offered
10.3.5 Sol Inc. Recent Development
10.4 SunMaster
10.4.1 SunMaster Company Information
10.4.2 SunMaster Introduction and Business Overview
10.4.3 SunMaster Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 SunMaster Solar Lighting System Products Offered
10.4.5 SunMaster Recent Development
10.5 Soltech
10.5.1 Soltech Company Information
10.5.2 Soltech Introduction and Business Overview
10.5.3 Soltech Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Soltech Solar Lighting System Products Offered
10.5.5 Soltech Recent Development
10.6 d.light
10.6.1 d.light Company Information
10.6.2 d.light Introduction and Business Overview
10.6.3 d.light Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 d.light Solar Lighting System Products Offered
10.6.5 d.light Recent Development
10.7 Jinhua Sunmaster Lighting Co. Ltd
10.7.1 Jinhua Sunmaster Lighting Co. Ltd Company Information
10.7.2 Jinhua Sunmaster Lighting Co. Ltd Introduction and Business Overview
10.7.3 Jinhua Sunmaster Lighting Co. Ltd Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Jinhua Sunmaster Lighting Co. Ltd Solar Lighting System Products Offered
10.7.5 Jinhua Sunmaster Lighting Co. Ltd Recent Development
10.8 Deepa Solar Systems Pvt.Ltd
10.8.1 Deepa Solar Systems Pvt.Ltd Company Information
10.8.2 Deepa Solar Systems Pvt.Ltd Introduction and Business Overview
10.8.3 Deepa Solar Systems Pvt.Ltd Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Deepa Solar Systems Pvt.Ltd Solar Lighting System Products Offered
10.8.5 Deepa Solar Systems Pvt.Ltd Recent Development
10.9 Akshar Solar
10.9.1 Akshar Solar Company Information
10.9.2 Akshar Solar Introduction and Business Overview
10.9.3 Akshar Solar Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Akshar Solar Solar Lighting System Products Offered
10.9.5 Akshar Solar Recent Development
10.10 SolarPath Sun Solutions
10.10.1 SolarPath Sun Solutions Company Information
10.10.2 SolarPath Sun Solutions Introduction and Business Overview
10.10.3 SolarPath Sun Solutions Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.10.4 SolarPath Sun Solutions Solar Lighting System Products Offered
10.10.5 SolarPath Sun Solutions Recent Development
10.11 Bright wings Energy
10.11.1 Bright wings Energy Company Information
10.11.2 Bright wings Energy Introduction and Business Overview
10.11.3 Bright wings Energy Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Bright wings Energy Solar Lighting System Products Offered
10.11.5 Bright wings Energy Recent Development
10.12 SolarOne Solutions
10.12.1 SolarOne Solutions Company Information
10.12.2 SolarOne Solutions Introduction and Business Overview
10.12.3 SolarOne Solutions Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.12.4 SolarOne Solutions Solar Lighting System Products Offered
10.12.5 SolarOne Solutions Recent Development
10.13 Heliatek
10.13.1 Heliatek Company Information
10.13.2 Heliatek Introduction and Business Overview
10.13.3 Heliatek Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Heliatek Solar Lighting System Products Offered
10.13.5 Heliatek Recent Development
10.14 FlexSol Solutions
10.14.1 FlexSol Solutions Company Information
10.14.2 FlexSol Solutions Introduction and Business Overview
10.14.3 FlexSol Solutions Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.14.4 FlexSol Solutions Solar Lighting System Products Offered
10.14.5 FlexSol Solutions Recent Development
10.15 SkyPower
10.15.1 SkyPower Company Information
10.15.2 SkyPower Introduction and Business Overview
10.15.3 SkyPower Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.15.4 SkyPower Solar Lighting System Products Offered
10.15.5 SkyPower Recent Development
10.16 SUNdigo SOLAR SOLUTIONS
10.16.1 SUNdigo SOLAR SOLUTIONS Company Information
10.16.2 SUNdigo SOLAR SOLUTIONS Introduction and Business Overview
10.16.3 SUNdigo SOLAR SOLUTIONS Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.16.4 SUNdigo SOLAR SOLUTIONS Solar Lighting System Products Offered
10.16.5 SUNdigo SOLAR SOLUTIONS Recent Development
10.17 Leadsun Power
10.17.1 Leadsun Power Company Information
10.17.2 Leadsun Power Introduction and Business Overview
10.17.3 Leadsun Power Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Leadsun Power Solar Lighting System Products Offered
10.17.5 Leadsun Power Recent Development
10.18 Inbrit
10.18.1 Inbrit Company Information
10.18.2 Inbrit Introduction and Business Overview
10.18.3 Inbrit Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Inbrit Solar Lighting System Products Offered
10.18.5 Inbrit Recent Development
10.19 SBM-SolarTech
10.19.1 SBM-SolarTech Company Information
10.19.2 SBM-SolarTech Introduction and Business Overview
10.19.3 SBM-SolarTech Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.19.4 SBM-SolarTech Solar Lighting System Products Offered
10.19.5 SBM-SolarTech Recent Development
10.20 Oorja Solar
10.20.1 Oorja Solar Company Information
10.20.2 Oorja Solar Introduction and Business Overview
10.20.3 Oorja Solar Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Oorja Solar Solar Lighting System Products Offered
10.20.5 Oorja Solar Recent Development
10.21 Sollatek
10.21.1 Sollatek Company Information
10.21.2 Sollatek Introduction and Business Overview
10.21.3 Sollatek Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Sollatek Solar Lighting System Products Offered
10.21.5 Sollatek Recent Development
10.22 Sunna Design
10.22.1 Sunna Design Company Information
10.22.2 Sunna Design Introduction and Business Overview
10.22.3 Sunna Design Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Sunna Design Solar Lighting System Products Offered
10.22.5 Sunna Design Recent Development
10.23 Nokero
10.23.1 Nokero Company Information
10.23.2 Nokero Introduction and Business Overview
10.23.3 Nokero Solar Lighting System Sales, Revenue and Gross Margin (2018-2023)
10.23.4 Nokero Solar Lighting System Products Offered
10.23.5 Nokero Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Solar Lighting System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Solar Lighting System Industrial Chain Analysis
11.4 Solar Lighting System Market Dynamics
11.4.1 Solar Lighting System Industry Trends
11.4.2 Solar Lighting System Market Drivers
11.4.3 Solar Lighting System Market Challenges
11.4.4 Solar Lighting System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Solar Lighting System Distributors
12.3 Solar Lighting System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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